Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
can anyone tell me what a $20.00 1 ounce gold liberty head proof is worth?
>
Reply to Thread
Message:
<p>[QUOTE="thecointrader, post: 1489323, member: 6477"]Once upon a time there were three policemen who collected coins...</p><p> </p><p>'Cop X' didn't have a lot of numismatic knowledge, but he had considerable savings and used it to build a collection of PCGS Certified Uncirculated Large Cents...</p><p> </p><p>'Cop Y' was struggling financially but had a lot of numismatic knowledge from reading and studying coins. He collected inexpensive circulated and uncirculated coins and placed them in folders and albums...</p><p> </p><p>'Cop Z' was numismatically uneducated, yet financially well-off like Cop X, and he used his resources to collect NGC Certified Proof Half Dimes...</p><p> </p><p>Over time, Cops X and Z used their savings to acquire many expensive and valuable coins, much to the envy of Cop Y, who had a large family, an expensive mortgage and a wife who would purchase a new outfit and a new pair of shoes every Saturday at the shopping mall.</p><p> </p><p>As time passed, Cop Y began to realize that he would never have the means to acquire expensive and scarce coins like Cops X and Z, so Cop Y decided to add a few 'replica' coins to his collection, in lieu of the scarce and expensive certified coins that Cops X and Z could afford.</p><p> </p><p>When Cops X and Z saw Cop Y's newly acquired replica coins, they became envious thinking that the coins were real. Cop Y didn't want to admit that his coins were replica's, but at the same time he became frustrated at the attempts by the other two policemen to buy his nice 'coins' at low ball offers.</p><p> </p><p>After months of frustration, Cop Y finally decided to have his coins stamped with his name on one side. This would allow Cop Y to identify the coins that were replica's in his collection, and also discourage the other two policemen from offering to purchase coins with obvious damage.</p><p> </p><p>Your coin is one of the coins from the historic collection of 'Cop Y' and is so marked. While the other policemen never had coins stamped 'COPX or COPZ', all of the replica coins of Cop Y are stamped with his name: 'COPY'.</p><p><br /></p><p> This led to the development of the Hobby Protection Act, and today all replica coins are required to have 'COPY' stamped on one side as tribute to Cop Y for beginning the tradition of identifying replica coins.</p><p> </p><p>-thecointrader</p><p> </p><p>P.S. Please <b>do not</b> take this post seriously. I just felt like posting a numismatic <b>fable</b> today. Coins marked 'COPY' are only relica or tribute coins, and are <b>not historic or valuable</b> in a numismatic sense.[/QUOTE]</p><p><br /></p>
[QUOTE="thecointrader, post: 1489323, member: 6477"]Once upon a time there were three policemen who collected coins... 'Cop X' didn't have a lot of numismatic knowledge, but he had considerable savings and used it to build a collection of PCGS Certified Uncirculated Large Cents... 'Cop Y' was struggling financially but had a lot of numismatic knowledge from reading and studying coins. He collected inexpensive circulated and uncirculated coins and placed them in folders and albums... 'Cop Z' was numismatically uneducated, yet financially well-off like Cop X, and he used his resources to collect NGC Certified Proof Half Dimes... Over time, Cops X and Z used their savings to acquire many expensive and valuable coins, much to the envy of Cop Y, who had a large family, an expensive mortgage and a wife who would purchase a new outfit and a new pair of shoes every Saturday at the shopping mall. As time passed, Cop Y began to realize that he would never have the means to acquire expensive and scarce coins like Cops X and Z, so Cop Y decided to add a few 'replica' coins to his collection, in lieu of the scarce and expensive certified coins that Cops X and Z could afford. When Cops X and Z saw Cop Y's newly acquired replica coins, they became envious thinking that the coins were real. Cop Y didn't want to admit that his coins were replica's, but at the same time he became frustrated at the attempts by the other two policemen to buy his nice 'coins' at low ball offers. After months of frustration, Cop Y finally decided to have his coins stamped with his name on one side. This would allow Cop Y to identify the coins that were replica's in his collection, and also discourage the other two policemen from offering to purchase coins with obvious damage. Your coin is one of the coins from the historic collection of 'Cop Y' and is so marked. While the other policemen never had coins stamped 'COPX or COPZ', all of the replica coins of Cop Y are stamped with his name: 'COPY'. This led to the development of the Hobby Protection Act, and today all replica coins are required to have 'COPY' stamped on one side as tribute to Cop Y for beginning the tradition of identifying replica coins. -thecointrader P.S. Please [B]do not[/B] take this post seriously. I just felt like posting a numismatic [B]fable[/B] today. Coins marked 'COPY' are only relica or tribute coins, and are [B]not historic or valuable[/B] in a numismatic sense.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
can anyone tell me what a $20.00 1 ounce gold liberty head proof is worth?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...