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<p>[QUOTE="Cloudsweeper99, post: 110628, member: 3011"]Thanks everyone,</p><p><br /></p><p>My idea here was to make a silver or gold bullion-type investment that might also have a numismatic "kicker" built into it when compared to something like an ASE/AGE. Circulated and cleaned Morgans and Liberties seem to be the closest thing I can find. Even bullion coins typically sell for more than bullion content, and owning a coin that is at the same time 100+ years old seems to make it a nice combination to me. But I wanted to get a few other opinions. Once a coin is circulated to the point where it is in F/VF condition, I'm not sure if a little cleaning matters much at that point to a lot of people other than purists. I agree with Speedy that an uncirculated coin that otherwise would sell for multiples of the bullion value could be devalued by 50% or more by a noticeable cleaning, and I would avoid that sort of purchase for this purpose.</p><p><br /></p><p>I'm not looking to unload the coins on unsuspecting buyers, but I agree with Huntsman that coins can have different values to different buyers with different intentions at different locations and I don't consider it unethical. Pepsi is less expensive by the case at the supermarket than it is in a cup at a baseball game. Different price, different buyer, different location, different need, different perception of value.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 110628, member: 3011"]Thanks everyone, My idea here was to make a silver or gold bullion-type investment that might also have a numismatic "kicker" built into it when compared to something like an ASE/AGE. Circulated and cleaned Morgans and Liberties seem to be the closest thing I can find. Even bullion coins typically sell for more than bullion content, and owning a coin that is at the same time 100+ years old seems to make it a nice combination to me. But I wanted to get a few other opinions. Once a coin is circulated to the point where it is in F/VF condition, I'm not sure if a little cleaning matters much at that point to a lot of people other than purists. I agree with Speedy that an uncirculated coin that otherwise would sell for multiples of the bullion value could be devalued by 50% or more by a noticeable cleaning, and I would avoid that sort of purchase for this purpose. I'm not looking to unload the coins on unsuspecting buyers, but I agree with Huntsman that coins can have different values to different buyers with different intentions at different locations and I don't consider it unethical. Pepsi is less expensive by the case at the supermarket than it is in a cup at a baseball game. Different price, different buyer, different location, different need, different perception of value.[/QUOTE]
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