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<p>[QUOTE=&quot;GDJMSP, post: 2289925, member: 112&quot;]These particular coins and many others like them, as well as those from several other countries, are indeed pretty common. 10-15 years ago, all but the nicest MS examples were basically treated the same - as bullion. You could buy them by the roll, by the bag, or individually, any day of the week. And for a relatively small percentage over spot. Most dealers looked upon them with disdain, as did most collectors. There were a few however, like me, who actively collected these coins.</p><p><br /></p><p>In recent years, people who really don&#039;t know much about these coins, especially how they were thought of just a short time ago, began buying them usually for prices that are a good bit higher than what the coins are really worth. They do this for a few reasons, the age of the coins for one, many think a coin that is a 100-150 years old is automatically worth something. They don&#039;t realize that &quot;age&quot; rarely has anything to do with the value of a coin. Another is because they are gold, and anything gold often holds a special interest for some. And lastly, because they see others paying given prices on ebay, or the like, they think those prices being paid mean something. But in actuality they don&#039;t, other than people are paying more than the coins are really worth because of their lack of knowledge about the coins.</p><p><br /></p><p>In a way it&#039;s the herd mentality. And it&#039;s not just these coins, it happens with all too many coins on ebay. Too many people on ebay really don&#039;t know what they are doing so they overpay for coins. Thus the realized prices on ebay are more often than not inflated, sometimes grossly inflated.[/QUOTE]</p><p><br /></p>

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