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Sunday, June 5, 2022

Hard Asset values increase in proportion to their specificity.

 





Take an ounce of gold. It is limited though more gold is being mined every day.  It's been in use as money for over 5000 years.  We know that for example a quarter of an ounce back in 330 BCE bought a cavalry officer his uniform.  That would have been a Gold Stater of Alexander.

Now the same quarter of an ounce is woth about 500 dollars.  That would probably by any cavalry officer a fine uniform even at today's inflated prices.

But the specific coin - the Gold Stater of Alexander in decent but worn condition it worth about $5000.  That specificity, ups ther value 10 times.  

Up the specificity a bit more and have that gold stater of ALecxander minted at the Memphis Egypt Mint under Ptolemy 1 and in decent condition it's worth closer to $10,000.

Up the specificty and make the condition gem mint,  Now it's worth $30,000

Up the specificty again and make the engraving on the Gold stater of Alecxander from the Memphis mint in gem mint condtion, paritcuralry beautiful and your coin might be worth $40,000

Undertanding specificity is what allows an investor to prosper in the Hard Asset Market.

Because as the specificity increases so does the Historical Interest and the Rarity.

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