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Who or what makes a coin rare?

coin rare
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Who or what makes a coin rare?

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What makes a coin rare? I thought if it was difficult to locate, dealers don’t regularly have them, this would make something rare! Every dealer at a coin show has several 1950D 5c, 1939D 5c, all the War silver 5c and these are called rare. But ask to see other “common date” nickels and they may have a few if they have any at all! Just wondering! Same thing when asking about any other modern series, everyone has several of the “rarities” or key dates which in commen sense means they are not rare.

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