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<p>[QUOTE=&quot;-jeffB, post: 7581827, member: 27832&quot;]<i>All</i> of his &quot;restrikes&quot; use a genuine coin. You end up with <i>an altered coin</i>.</p><p><br /></p><p>I agree that altering a 1937-D nickel to remove a leg, or altering a 1916 Merc to add a D, is wrong. It&#039;s generally done with criminal intent. Altering a coin to produce a likeness in a nonexistent date -- it just doesn&#039;t raise my hackles, but it does raise my interest.</p><p><br /></p><p>I think he&#039;s had other products before where he requires you to send your own coin to be overstruck. In fact, I think that was what he did with his gold St. Gaudens overstrikes. I would guess he just doesn&#039;t want to tie up as much capital as it would take to buy host coins himself, especially given low and unpredictable demand.</p><p><br /></p><p>As for &quot;niche market&quot;, I&#039;d say his <i>entire</i> market is a very small niche. The part of that niche willing to shell out for double eagles is smaller still.[/QUOTE]</p><p><br /></p>

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