Question on a Pop vs. Current Value on a 150+ yr old coin I have
LeeBone
Posts: 4,614 ✭✭✭✭✭
I won't reveal the coin I'm talking about, but keep in mind this is on a PCGS MS64
Pop 262
Pop Higher 77
Current Value $300.00
Total coins graded in same grade and higher is a whopping 339, shaking my head as to why it wouldn`t command a little more?
Demand I guess.
Nothing more.
Sure seems like a no brainer to be happy with and I paid <$200.00
FWIW, I dig the coin, and am thinking maybe I should add more of this Series to my collection.
0
Comments
JMO... However, demand usually overrides scarcity... so I agree with your hypothesis... Cheers, RickO
extremely true...almost always...
Yup. We've said it before. Look at S-VDB's and '93-S Morgans. Not particularly scarce but demand props up price.
Lance.
Yep. It's all about demand.
Fan of the Oxford Comma
CCAC Representative of the General Public
2021 Young Numismatist of the Year
339 is a lot of coins. Hard to find that may full set collectors for mid-19th century coins in 64/65. If it's a type coin, that would be a fairly small number for the entire type in MS. Consider the MS64 pops of the 1853 A&R quarter at 175. Brings around $3500. Gold type tends to bring more than silver, and silver more than copper and nickel. I seated quarters, there aren't 339, or even 175 collectors building full sets in MS64 or higher. There might not even 10-20.