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All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives

Cornering The Market/Math Exercise

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halfabustisbetter
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 Posted 11/11/2008  2:37 pm Show Profile   Bookmark this topic Add halfabustisbetter to your friends list Get a Link to this Message Number of Subscribers
I was fortunate enough to be able to buy an UNC 1976 Turks and Caicos 100 Crown (.2896 oz. AGW, KM #17) yesterday. I found out later that the mintage for these was 250 pieces. I also found out that a friend of mine has one of the others, so together we control .8% of the entire market of these coins.

I thought this was pretty funny. For comparison, if you tried to corner the market to the same extent on 2006P Jefferson nickels, you'd have to find a place to store over 30.5 tons of nickels.
KurtS
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 Posted 11/11/2008  3:18 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Wow, what a contrast! Applying that same "market share" to 2000-P Virginia quarters translates to roughly 46.5 tons (7.54M coins)
Edited by KurtS
11/11/2008 3:27 pm
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All Forums Category: World Coins and Currency Forums Forum: World Coins and Commemoratives



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