What percentage of a coin would you need to own...
a039
Posts: 1,546 ✭
To alter the price of a coin, lets say a coin had a pop of 200 in MS66. 150 collectors have to own it for their registry set. This is a popular series so alot are owned by people not in the registry. What would it take to alter the trends on this coin, would twenty do it?
Have you ever altered the trends on a coin or have heard of someone who has? Is this fair....
Have you ever altered the trends on a coin or have heard of someone who has? Is this fair....
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Comments
WS
A complete overhaul of Liberty Seated pricing was done about 2 years ago. I don't know who was the driving force behind that.
roadrunner
demand than supply. Also it would depend on the specific demand; some people
will want the coin at nearly any price and some people would have a cut off that
might be even lower than the current price. You could own a small percentage of
some coins and have a major impact or a large percentage of another and have
very little impact. In both cases this could vary over time.
Perhaps the easiest way to impact price is by accumulating a horde. While you're
acquiring the coins you are contributing to the demand and if you can simply absorb
many of the ones coming on the market you can have a disproportionate effect on
the price especially as you raise your offers.