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Gold Coins. How much over melt?
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<p>[QUOTE="Numismat, post: 2289960, member: 15019"]As long as the hobby grows there will never be a shortage of fools, and also not a shortage of educated people willing to pay a bit more for their love of a nice looking piece of history. After all, paying more is relative. Pay more than a decade ago, or more than current prices? Not the same thing. Just because a certain premium was foolish a decade ago does not mean it is that now. Maybe those rolls and bags of coins got heavily melted because the mentality of the time was that they were worth just melt. Maybe they are equally common but more people desire them.</p><p>It's the increasingly smaller population of people with that old mentality that still sell these coins at melt that are being the fools now.</p><p>"Practical market value" decides who is the fool, the cheapo, or the guy who doesn't mind paying a fair price.</p><p>As for me, I'm the cheapo... and I love me a fool that finds their way to eBay.</p><p><br /></p><p>Edited to add/remove a few lines.[/QUOTE]</p><p><br /></p>
[QUOTE="Numismat, post: 2289960, member: 15019"]As long as the hobby grows there will never be a shortage of fools, and also not a shortage of educated people willing to pay a bit more for their love of a nice looking piece of history. After all, paying more is relative. Pay more than a decade ago, or more than current prices? Not the same thing. Just because a certain premium was foolish a decade ago does not mean it is that now. Maybe those rolls and bags of coins got heavily melted because the mentality of the time was that they were worth just melt. Maybe they are equally common but more people desire them. It's the increasingly smaller population of people with that old mentality that still sell these coins at melt that are being the fools now. "Practical market value" decides who is the fool, the cheapo, or the guy who doesn't mind paying a fair price. As for me, I'm the cheapo... and I love me a fool that finds their way to eBay. Edited to add/remove a few lines.[/QUOTE]
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Gold Coins. How much over melt?
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