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<p>[QUOTE="mikem2000, post: 1729131, member: 30574"]Well I am cetainly not done, the time frame is irrelevant. My example could have been a Presidential Dollar issued at one buck and then two year later some asute collectors noticed a interesting die variety and the value jumps to $70. It started out as currency with minimal value and it morphed into a collectible with considerably more value. Same thing as your bullion example. Your profit or premium to bullion has nothing to do with what the bullion is worth. To prove the point further, one of the huge arguments on what a magical wonderful material silver is by the stacker crowd is the fact it is fungible. This coming right out of the stacker playbook</p><p><br /></p><p>Here is the def </p><p><br /></p><p><b>Fungible</b></p><p><b><i>Law</i> Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain.</b></p><p><b><br /></b></p><p><b><br /></b></p><p><b><br /></b></p><p><b></b>So how could one oz. of bullion in one coin be worth $21.00 and be worth $48.00 in another It cannot.</p><p><br /></p><p>One more time Peace, its really is time to admit defeat. Like I said. I would do it.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1729131, member: 30574"]Well I am cetainly not done, the time frame is irrelevant. My example could have been a Presidential Dollar issued at one buck and then two year later some asute collectors noticed a interesting die variety and the value jumps to $70. It started out as currency with minimal value and it morphed into a collectible with considerably more value. Same thing as your bullion example. Your profit or premium to bullion has nothing to do with what the bullion is worth. To prove the point further, one of the huge arguments on what a magical wonderful material silver is by the stacker crowd is the fact it is fungible. This coming right out of the stacker playbook Here is the def [B]Fungible [I]Law[/I] Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain. [/B]So how could one oz. of bullion in one coin be worth $21.00 and be worth $48.00 in another It cannot. One more time Peace, its really is time to admit defeat. Like I said. I would do it.[/QUOTE]
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