Suppose you were left $20,000 worth of coins in a will. Which would you prefer to inherit: one coin worth $20,000 or 1000 coins worth $20 each? Probably the single coin would increase in value more so financially that would most likely be the better option. But as a coin collector I would find it much more interesting to receive the 1000 coins and enjoy figuring out what they were and something about them? What about you? Edit: first sentence rephrases since the first reply implied an understanding of a $20 double eagle, not a coin worth $20.
1000 $20 Coins. Much more value since they are made from Gold. Sent from my ZTE B2017G using Tapatalk
Since it would come only from the death of a loved someone, I say neither. However, if I had to pick one or the other, it would be the single coin and for the sole reason one is easier to sell than a thousand.
How many people do you think would believe that a $20K coin was real? Give me the 1000 coins and I'll look for a $20 progressive slot in Vegas. Chris
From 1849-1932 the U.S. Mint made $20 gold pieces. I don't believe you specifically said that it had to be worth $20 before you edited it. I understood the purpose though, just trying to inject a little humor. Sent from my ZTE B2017G using Tapatalk
The OP edited his initial post. Originally, it didn't state that it was worth $20K. It simply stated that the coin was $20K. Chris
Seems like we have a bunch of pedants who don't like to be corrected. Anyone who thought that the original post meant other than as I edited it to be is just being obtuse.
1,000 coins worth $20 each is just too vague. If they were all Morgan/Peace culls, then sure, that'd be fun. If they were all "world" coins (some silver, some not), it would be cool, but not sure if they'd all be interesting to me personally or not. And as Books said, not as easy to liquidate.
Perhaps (not everyone here collects, now and/or ever), or it could be that your given options are rather thin and neither fit well.
As someone who has sold coins for a few years...and who already owns a bunch of lower value (less than $20) coins that still need to be sold... ...definitely, definitely ONE $20,000 coin.
I understood what that original post meant, I was just taking advantage of your missing word and making some humor our of it. Sent from my ZTE B2017G using Tapatalk
I would rather have 20 coins worth $1000 apiece, or 40 worth $500 apiece. I wouldn't know what to do with a $20k coin, and with 1000 $20 coins seems like it would be hard to appreciate each coin.
That's a bit short sighted. What do you think is more likely for 95 percent of collectors, buying a 1000 20 dollar coins over the course of time or ever being able to drop 20k on one shot?
If I misunderstood the original post, I apologize. However, I'd still rather have the 1,000 coins because I can have a heck of a lot more fun on a $20 slot in Vegas. Chris