Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Goldline Exclusive Coins...
>
Reply to Thread
Message:
<p>[QUOTE="mkwelbornjr, post: 1644210, member: 17034"]I am only defending selling unique coins at a retail markup. Per-se they don't develop these coins...but the practice of having exclusives from various world mints has been described in detail on blogs etc. You can do what Franklin Mint did...everything from sketch to manufacture done in-house...and they produced some stunning world coins and medallic items. Better quality than anyone. Or you can do what GovMint/New York Mint does...pitch ideas to mints such as Perth. Spec what you want...then lock in a fixed number to purchase and resell. You leave a few for the mint to sell in other markets so the product is "official." My only goal in collecting is to purchase cool coins that look great....so I am glad when I see exclusives presented. But the companies I mentioned do not engage in the confusing intense marketing that Goldline does...which is probably the only reason they might get into trouble. If you enter the equation knowing exactly what your gonna get and the only promise being that its a cool coin for an important topic..then there is nothing to lose...if you buy the piece because you really want it. Most of the people who get burned are those who know nothing at all about coins and have unrealistic expectations about getting rich off resale. I have spoken with people that buy $15 coins thinking they can retire one day.[/QUOTE]</p><p><br /></p>
[QUOTE="mkwelbornjr, post: 1644210, member: 17034"]I am only defending selling unique coins at a retail markup. Per-se they don't develop these coins...but the practice of having exclusives from various world mints has been described in detail on blogs etc. You can do what Franklin Mint did...everything from sketch to manufacture done in-house...and they produced some stunning world coins and medallic items. Better quality than anyone. Or you can do what GovMint/New York Mint does...pitch ideas to mints such as Perth. Spec what you want...then lock in a fixed number to purchase and resell. You leave a few for the mint to sell in other markets so the product is "official." My only goal in collecting is to purchase cool coins that look great....so I am glad when I see exclusives presented. But the companies I mentioned do not engage in the confusing intense marketing that Goldline does...which is probably the only reason they might get into trouble. If you enter the equation knowing exactly what your gonna get and the only promise being that its a cool coin for an important topic..then there is nothing to lose...if you buy the piece because you really want it. Most of the people who get burned are those who know nothing at all about coins and have unrealistic expectations about getting rich off resale. I have spoken with people that buy $15 coins thinking they can retire one day.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Goldline Exclusive Coins...
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...