$2,600

Discussion in 'US Coins Forum' started by masterswimmer, Nov 4, 2020.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    Hahaha Have you read those small black words under my name? They say Borderline Hoarder. I'm a collector not a flipper. Just saying. :)
     
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  3. Virginian

    Virginian Well-Known Member

    I'm a collector, too. But not AGEs. So it's just another commodity for me. And if I have a guaranteed buy-low/sell-high situation for any commodity, I'm on it.
     
  4. Conder101

    Conder101 Numismatist

    And when they do it that way, all you hear are complaints about how the mint sold an overpriced item that collapsed and had no aftermarket except at below issue prices. Like you said everyone who wants one, got one, and now there is no aftermarket.

    People are unrealistic. They expect the mint to make popular, low mintage, high demand items that will increase in value, and make it easy for THEM to get them so they can flip them for a good profit.
     
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  5. Virginian

    Virginian Well-Known Member

    You say that like it's unreasonable. :D
     
  6. johnmilton

    johnmilton Well-Known Member

    And you will have collectors like me who avoid the mint almost completely. I might buy one Proof set a year from the mint if I can't get from my local dealer because of Covid.

    The mint's purpose is not to make profits for its customers. It's purpose to supply coins to people who want them. I don't give a damn about these dealers who profit from the mint's games. I have never bought a thing from most of those dealers. If they have to depend on the mint's sweetheart deals to stay in business, then they need to find another line of work.
     
  7. Jim Dale

    Jim Dale Well-Known Member

    The kind of coins that I buy are less than $50. However, if I am missing a coin that fits in a set, I will go up to $75.
     
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