Would you pay $183.000 for one coin?

Discussion in 'Coin Chat' started by meandyou4ever0, Sep 27, 2026 at 2:28 PM.

  1. johnmilton

    johnmilton Well-Known Member

    I have paid more than that for one coin once. It was the very last piece I needed to complete my type set. If the Grey Sheet numbers are accurate, I could double my money. I won't be buying another item at that level again.
     
    Barney McRae and -jeffB like this.
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    If i had that kind of coin, and that much disposiable income why not !
     
  4. robp

    robp Well-Known Member

    If the coin ticked the right box and funds were available, sure. a $183K coin doesn't become a $183 coin overnight just because you bought it. High value coins are a function of supply and demand, just as a pocket money coin is subject to the whims of the market. Yes you can potentially lose money, but to be overly concerned about financial loss, you are looking on the collection as an investment, not primarily a hobby for enjoyment. I collect for the history and appreciation of the work put into the making of the coin. I have coins worth pence and others worth many thousands, but all have an equal place in the collection as they represent a specific numismatic reason for the original purchase. They sit quite happily side by side in the database.

    People spend thousands on holidays and trips around the world. Second hand value? Zero. The market in used holidays is non-existent, but you did it because you wanted to. It's horses for courses, and if you are comfortable with the cost and the funds are disposable, it is just another way of adding to your enjoyment.
     
  5. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    Well, sure, I've paid 183 bucks- or more than that- for a coin, many times. In fact, about 90% of the coins in my collection are worth at least that much.

    (You used a decimal point there, not a comma.) ;)

    OK, let's put a comma there instead of a decimal point, and say it's $183,000. Then the answer is likely nope- even if I had that kind of money. That's the kind of money to spend on real estate, not a small round piece of metal.
     
    Randy Abercrombie likes this.

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