Message:

<p>[QUOTE=&quot;braincramp, post: 50919, member: 925&quot;]There are any number of examples demonstrating that coin collectors do not consider &quot;intrinsic&quot; value to be a very significant in their collecting choices:&nbsp; old coins, rare coins, varieties, errors, foreign coins, proof coins, mint sets, etc. are prized but are of miniscule metallic value.</p><p><br /></p><p>Investors/dealers may consider intrinsic value as a price floor for a coin that they own in the hopes that it will appreciate because of collector interest, but this is probably limited to gold coins or &quot;bullion&quot; coins.&nbsp; The metal value of these coins (and even &quot;junk silver&quot;) is sometimes seen as an inflation hedge.</p><p><br /></p><p>What really drives collectable US coin prices is demand (supply being fixed).&nbsp; This, as with other collectables of any type, has its cycles of interest and fashion, and is influenced by education, awareness, promotion/publicity, and its relevence to other events such as political movements, historical anniversaries, and news stories about rare or expensive coins.&nbsp; A recent example is the success of the US state quarters, which has an easily understood collection objective, historical/geographic connections,&nbsp; local interest, and the five-times-a-year promotional opportunity.[/QUOTE]</p><p><br /></p>

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