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<p>[QUOTE="jaceravone, post: 671175, member: 9474"]First of all, I don't want anyone to interpret this going back and forth between Cloudsweeper and I as anything other than a friendly debate on this topic. I respectfully disagree with his point of view as he does mine, but I believe that these aspects of numismatics must be laid out on the table and be discussed in a cordial and friendly arena which we are doing. Ultimately, its up to each one of us to formulate our own opinions on the subject.</p><p><br /></p><p>Now back to the debate.</p><p><br /></p><p>First of all, no one is being manipulated. Either you want the coin or you don't. If you want it, you pay the price. If you don't, well, you don't pay it and maybe wait for it to come on the secondary market and hope for a steal. Other than our modern commemorative coins and First spouse coins and a few specialty items the mint produces, none of our other US coins have mintage limits on them. It still comes down to the fact that prices are set to cover costs of production, distribution and advertising. Those are some other things I forgot to mention previously, but someone has to pay for all the advertising the mint does when they release a new coin. All these costs are worked into the price of the coin.</p><p><br /></p><p>What I am disagreeing with you about is that the premium being attached to the coins the mint is selling has more to do with the overall costs and profit margins associated with the coin than the limited quantities of the coins being produced and any kind of false hype the mint is creating due to any limited mintages. If you really want to see over exuberant costs applied to coins, just look at the Canadian, British and Australian mints.....and they actually do have a limit on their mintages.</p><p><br /></p><p>When you buy coins either on ebay or elsewhere for less than they originally sold for then someone usually is taking the loss. Whether it is the person that is selling the coins or the person that sold the coins to the person who is now selling them. </p><p><br /></p><p>I guess Cloudsweeper, I just don't know what you expect the mint to charge for these coins? I have been in both sales and marketing for most of my professional life. You will always have an actual cost to produce an item, but there are other costs that get added to the final overall price such as transportation costs, packaging costs, marketing costs, shipping costs, etc that the public doesn't see. With all this being said, I am now going to blow my money on some British silver coins. :headbang:[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 671175, member: 9474"]First of all, I don't want anyone to interpret this going back and forth between Cloudsweeper and I as anything other than a friendly debate on this topic. I respectfully disagree with his point of view as he does mine, but I believe that these aspects of numismatics must be laid out on the table and be discussed in a cordial and friendly arena which we are doing. Ultimately, its up to each one of us to formulate our own opinions on the subject. Now back to the debate. First of all, no one is being manipulated. Either you want the coin or you don't. If you want it, you pay the price. If you don't, well, you don't pay it and maybe wait for it to come on the secondary market and hope for a steal. Other than our modern commemorative coins and First spouse coins and a few specialty items the mint produces, none of our other US coins have mintage limits on them. It still comes down to the fact that prices are set to cover costs of production, distribution and advertising. Those are some other things I forgot to mention previously, but someone has to pay for all the advertising the mint does when they release a new coin. All these costs are worked into the price of the coin. What I am disagreeing with you about is that the premium being attached to the coins the mint is selling has more to do with the overall costs and profit margins associated with the coin than the limited quantities of the coins being produced and any kind of false hype the mint is creating due to any limited mintages. If you really want to see over exuberant costs applied to coins, just look at the Canadian, British and Australian mints.....and they actually do have a limit on their mintages. When you buy coins either on ebay or elsewhere for less than they originally sold for then someone usually is taking the loss. Whether it is the person that is selling the coins or the person that sold the coins to the person who is now selling them. I guess Cloudsweeper, I just don't know what you expect the mint to charge for these coins? I have been in both sales and marketing for most of my professional life. You will always have an actual cost to produce an item, but there are other costs that get added to the final overall price such as transportation costs, packaging costs, marketing costs, shipping costs, etc that the public doesn't see. With all this being said, I am now going to blow my money on some British silver coins. :headbang:[/QUOTE]
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First Spouse gold...Are they Bullion or Collectibles??
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