Riddle me this coin man.........

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2manycoins2fewfunds
2manycoins2fewfunds Posts: 3,081 ✭✭✭
in U.S. Coin Forum

Why do multiple years a ASEs sell for prices above W privy marked ASEs which usually have overall better quality and mintages 80-90% lower?

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  • johnny9434
    johnny9434 Posts: 34,051 ✭✭✭✭✭
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    Supply and demand?

  • Mr_Spud
    Mr_Spud Posts: 7,272 ✭✭✭✭✭
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    Perhaps some collect fancy numbers (less common dates) while others collect fancy letters (less common mintmarks)

    Mr_Spud

  • braddick
    braddick Posts: 25,183 ✭✭✭✭✭
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    The heart wants what the heart wants and I suppose Privy marks just ain't it.

  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
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    Popularity trumps scarcity every time.

  • 2manycoins2fewfunds
    2manycoins2fewfunds Posts: 3,081 ✭✭✭
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    I guess I really was referring to buyers of ASE rolls.

    I bet 75%+ of those Ebay roll buyers do not even realize there are privy marked ASEs with just 5-10% of the mintages of non privy marked ASEs they are buying.

    I would also bet 80-90% could not tell a regular strike from a burnished strike...............

  • Coins3675
    Coins3675 Posts: 1,138 ✭✭✭✭
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    @Smudge said:
    Popularity trumps scarcity every time.

    A loot of the low mintage modern commeratives are so cheap because there is no demand for them.

    Successful Transactions With: JWP, DBSTrader2, greencopper, bretsan, ajaan, Ted1, Desert Coin, olah_in_MA

  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
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    @Coins3675 said:

    @Smudge said:
    Popularity trumps scarcity every time.

    A loot of the low mintage modern commeratives are so cheap because there is no demand for them.

    Because they are not popular.

  • braddick
    braddick Posts: 25,183 ✭✭✭✭✭
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    @Smudge said:

    @Coins3675 said:

    @Smudge said:
    Popularity trumps scarcity every time.

    A loot of the low mintage modern commeratives are so cheap because there is no demand for them.

    Because they are not popular.

  • jmlanzaf
    jmlanzaf Posts: 43,046 ✭✭✭✭✭
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    @2manycoins2fewfunds said:
    I guess I really was referring to buyers of ASE rolls.

    I bet 75%+ of those Ebay roll buyers do not even realize there are privy marked ASEs with just 5-10% of the mintages of non privy marked ASEs they are buying.

    I would also bet 80-90% could not tell a regular strike from a burnished strike...............

    You cannot simply compare proofs to business strikes. There are plenty of people who ignore proofs in any series.

    There's also no reason why anyone has to assign a premium to a "privy mark".

    It's supply and demand. The market is what it is. If you think it should be different, play the other side of the trade. But more fortunes are lost than made by swimming against the market.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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