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<p>[QUOTE="NorthKorea, post: 1979417, member: 29643"]You don't understand communism, if you think this is communist:</p><p><br /></p><p><br /></p><p>As the person in possession of the item, I can dictate how I would go about distributing it. Since I find four of the five outcomes unfavorable, I don't recirculate rare and semi-rare coinage. As the owner/possessor of the coin, it's my prerogative on what to do with it. I have no control over what happens once the rolled coins are returned to the bank, so I opt for distribution methods that help young collectors, rather than hurts them. Recently, as my way of giving back, I sold 10 AU/BU Morgans for $330 or so. Half ended up in the hands of (I'm guessing) collectors and the other half ended up with (I'm guessing again) dealers. I don't mind that I got a bit less than fair value, as I really was viewing the sale as a way to give back to the coin collecting community. Also, by pricing my coins above melt value, it ensured the coins wouldn't be melted.</p><p><br /></p><p>To my comment on silver stackers, I stand by it. The point behind stacking silver is a perceived hedge against undesirable levels of inflation. (Yes, a little inflation is always desirable.) If silver prices double over the course of a few months, some may decide to "cash in" by either melting the silver or selling it to someone who will eventually melt it. I can't assume the numismatic intent of individual silver stackers, but I can assume the intent of the most extreme ones. I've seen some melt coins (which isn't illegal, except for pennies and nickels, since they cost more for the Mint to make than their face values) into ingots or even bullets, and others I've seen spoon/hammer coins into jewelry or solder them into art.</p><p><br /></p><p>Yes, I can never know the final intent of purchasers of coins, either, but I do think my method (donating coins, as opposed to depositing them into banks) serves as close to the purpose I desire, as I can get.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1979417, member: 29643"]You don't understand communism, if you think this is communist: As the person in possession of the item, I can dictate how I would go about distributing it. Since I find four of the five outcomes unfavorable, I don't recirculate rare and semi-rare coinage. As the owner/possessor of the coin, it's my prerogative on what to do with it. I have no control over what happens once the rolled coins are returned to the bank, so I opt for distribution methods that help young collectors, rather than hurts them. Recently, as my way of giving back, I sold 10 AU/BU Morgans for $330 or so. Half ended up in the hands of (I'm guessing) collectors and the other half ended up with (I'm guessing again) dealers. I don't mind that I got a bit less than fair value, as I really was viewing the sale as a way to give back to the coin collecting community. Also, by pricing my coins above melt value, it ensured the coins wouldn't be melted. To my comment on silver stackers, I stand by it. The point behind stacking silver is a perceived hedge against undesirable levels of inflation. (Yes, a little inflation is always desirable.) If silver prices double over the course of a few months, some may decide to "cash in" by either melting the silver or selling it to someone who will eventually melt it. I can't assume the numismatic intent of individual silver stackers, but I can assume the intent of the most extreme ones. I've seen some melt coins (which isn't illegal, except for pennies and nickels, since they cost more for the Mint to make than their face values) into ingots or even bullets, and others I've seen spoon/hammer coins into jewelry or solder them into art. Yes, I can never know the final intent of purchasers of coins, either, but I do think my method (donating coins, as opposed to depositing them into banks) serves as close to the purpose I desire, as I can get.[/QUOTE]
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