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<p>[QUOTE=&quot;Vess1, post: 7805781, member: 13650&quot;](This rant is not directed at you Conder.)</p><p>&nbsp; </p><p>&nbsp;&nbsp;&nbsp; It blows me away that people on a coin collecting forum are still trying to figure out numismatic value.&nbsp;&nbsp; Nobody is expecting to buy them at melt value!&nbsp; The mint can&#039;t sell them at melt value.&nbsp; Why would they?&nbsp;&nbsp; Why does it even enter the conversation?&nbsp;&nbsp; Most collectors will not hold any of the 100th anniversary Morgans in the same regard as a dirty piece of bullion in a basket at a pawn shop.&nbsp; There&#039;s zero equivalent.&nbsp; That will never happen.</p><p>&nbsp;&nbsp;&nbsp; As fast as they sold out we&#039;re lucky they sold them this cheap as obviously people are willing to pay much more on the secondary market.&nbsp; &nbsp;&nbsp; The argument of price per oz. is the absolute dumbest argument concerning the sale of these.&nbsp;&nbsp; I didn&#039;t worry about what the melt value of my MS-65 1921-D was when I purchased it or most ANY other coin in my collection.&nbsp; In comparison, these are cheap.</p><p><br /></p><p>&nbsp;&nbsp; Melt rarely is a factor in any of my purchasing decisions.&nbsp; &nbsp; Melt value doesn&#039;t even play a role in buying actual bullion products anymore!&nbsp;&nbsp; $25.69 right now.&nbsp; Unless you&#039;re looking to buy 1000 oz, you&#039;re not getting anything physical at that price.&nbsp;&nbsp; Closer to $35 for basic less popular stuff. </p><p><br /></p><p>&nbsp;&nbsp; &nbsp; Lets say in another dimension, the mint wanted to be generous and sell them at $30 a piece.&nbsp; A little over melt.&nbsp; You would have had 10 million people crashing the site and they would not have made a profit or even recouped the costs of producing them.&nbsp; Not doable at all.&nbsp; $40 was not doable.&nbsp; Or $50 or $60.</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; The cheapest 1 oz silver they currently have on the site are presidential medals which are $65 a piece (and not that popular.)&nbsp; &nbsp; So they were never going to sell the Morgans for $65 knowing their popularity.&nbsp; &nbsp;&nbsp; The $85 asking price sold them all out in under 30 minutes so, they&#039;re probably regretting not pricing them higher.&nbsp; I wish they would have been cheaper too but this is the World we live in now.&nbsp; </p><p><br /></p><p>&nbsp;&nbsp; The new quarter oz AGEs were priced almost $300 over melt.&nbsp;&nbsp; At some point yeah, I think there is price gouging going on but people pay it and everything sells out.[/QUOTE]</p><p><br /></p>

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