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<p>[QUOTE="Michael K, post: 5177168, member: 78298"]The dealers buy whole collections, and the key coins are what they are making their money on. Much of the other stuff like this nicked up 34-S just ends up in the</p><p>bargain bin. It may have been a mistake, or not. My guy used to give out HIGH MS cents in change (mid 1960's). There wasn't anything he could do with them, so he was spending them at face value. Even at $15 he's making a profit on this coin, and keeping a long term customer happy who will be back scouring for more cherry picks. It's win/win.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 5177168, member: 78298"]The dealers buy whole collections, and the key coins are what they are making their money on. Much of the other stuff like this nicked up 34-S just ends up in the bargain bin. It may have been a mistake, or not. My guy used to give out HIGH MS cents in change (mid 1960's). There wasn't anything he could do with them, so he was spending them at face value. Even at $15 he's making a profit on this coin, and keeping a long term customer happy who will be back scouring for more cherry picks. It's win/win.[/QUOTE]
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