Awesome! Please elaborate so a newbie such as myself can somewhat follow. Thanks
Coin Collecting 101:
1) Few mass produced coins are really rare!
2) Many mass produced coins in the highest grade are very scares or rare! "in general terms"
3) Rarity "doesn't mean that something is something is worth a million dollars"!
It only means it's very un-common!
4) Value follows when something is rare or very scarce and has a following that supersedes the known population!
5) High value comes when the rarity is vary high and the known population is limited to less than the number of collectors seeking to add the coin into one set! It also comes when a coin has a vary limited number of a given coin in "Finest known"! In this set I am putting up all but a few can be found in lower grades without much problem! That's what makes the E Clash Set nice! It can be collected by most people, and it can be completed in modest grades with only 2 real stoppers. But the stoppers can be found in the wild still to this day!
That makes this type set fun, as many collectors enjoy the hunt!
As far as this set, many of the varieties are vary scarce in high grade. This is for a number of reasons, 1st is it contains 3 1886 O Morgan dollars
this year and mint mark in a nice MS-61 without it being a Clashed E run about 1,500.00 each. The other reason falls into what die state a give coin is in. This set is of "Clashed Dies" by definition that means the dies have been smashed together, that makes finding really nice coins a bit more difficult.
On this set is a secondary mathematical equation to consider. Lets look at just one year like 1887 P Morgan dollars
. The US Mint produced 20,290,000 1887 P Morgan dollars
with about 40 die pairs and about 54 varieties in general. When you look at the 1887 P VAM-1b E Clashed Dollar there are "Less than 100 known" in all grade in every grading company ....out of 20 million coins produced "That's Rare" This variety only has "2" Mint State examples that exist. That makes Mint state examples extremely Rare!
6) As a collector becomes more competitive with their Coin sets. Registry sets come into play where given coins are given a point value, that is based on grade and rarity. A collector builds a set and adds the points up and competes for position! This part becomes very fun, and you find yourself swapping and trading coins with other collectors.