At what point are coins not undervalued for their rarity?
STONE
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I'm hearing a lot of talk about coins being undervalued for their apparent market rarity (mostly slabbed Pop's). Coins such as Barber coins, Bust Quarters, Seated Halves (among the other denominations), Saint Gaudens DE's (for you SG) and more all seem to be gaining hype that their prices are undervalued in the market.
BUT, where does the magic price reach its zenith for each top pop, almost top pop, coin? Is there ever a zenith for a price of a coin?
Of course the market dictates where prices will go, but each coin (date, dnomination, variety, etc.) will always have it's #1, unbeateable, breathtakingly spectacular, highest grade coin.
I guess it just comes down to a matter of competition in the market and whether or not you have collectors/ investors with deep enough pockets to go after those coins.
Please give me your insight as to when coins are not undervalued for their rarity, and may exceed the markets acceptable price limits.
BUT, where does the magic price reach its zenith for each top pop, almost top pop, coin? Is there ever a zenith for a price of a coin?
Of course the market dictates where prices will go, but each coin (date, dnomination, variety, etc.) will always have it's #1, unbeateable, breathtakingly spectacular, highest grade coin.
I guess it just comes down to a matter of competition in the market and whether or not you have collectors/ investors with deep enough pockets to go after those coins.
Please give me your insight as to when coins are not undervalued for their rarity, and may exceed the markets acceptable price limits.
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