Simple little question ????????

CharlieB

To simplify things, if you took all the slabbed coins from all the
services that are in existence today, what percentage of those coins
do you think are in the hands of dealers and what percentage are being
held by collectors? I haven't read anything on it but just doing some
crude calculations I'd guess dealers are holding about 25% of them.
Am I way off base?

- Charlie B -

Clankeye

Charlie, I'd love to help you out on this, but I haven't got a clue. You have however, spiked my curiosity as to why you would want to know?

mr3holesinone

Charlie, my guess is that you are pretty close. My estimate would have been under 10% before I started thinking about this.

I know there are a few thousand dealers and that they may each have up to 1,000 slabs maybe, some a lot less and others a lot more, just averaging. Now you figure out how many coins have been slabbed.....maybe ten million total? But you have to figure out how many of those were resubmitted countless times, the total may be only three million individual coins currently IN slabs.

Using my own guesses, I'd be at 33% myself.

CharlieB

Mr3holesinone:

I did the same thing with 15 million slabs as a guess, 5000
dealers and just assumed between 500-1000 slabs per dealer
inventory so we thought pretty much along the same lines.
I was going to stick my neck out and say a 1/3 of them in
dealers hands like you.

Clankeye:

Answer to your question - just curious to know. After all the more
low population coins in their combined inventories at any one time
I think the more they have an influence over the trend of a coin.

- Charlie B -

presleyh

its kinda strange around here, the dealers are more interested in turning inventory than owning slabbed coins. of the three i am familiar with they own zero slabs. they are a good source for proof sets, mint sets and gold or silver buillion coins. i think it would be a rare situation for a particular coin to be ran up in value because someone was holding most of them. obviously the 33 st gaulding was one such occasion.