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<p>[QUOTE="coinzip, post: 1970416, member: 10938"]I'm not saying its right for everyone but I understand why the buyer sees value in this coin and the plastic its in.</p><p><br /></p><p>1. the owner of the 100k coin can claim "I have one of the first" and there is documentation to prove it. </p><p><br /></p><p>2. there is no way to prove its "The First" coin minted, however it is without a doubt a coin that was among the first strikes.</p><p><br /></p><p>3. now ask your self how much value would it add to the $10M coin that recently made history if you could prove without a doubt it was among the first strikes? I bet it would far exceed 100K.</p><p><br /></p><p>The owner that payed 100k is looking at the long term, historical value, its a concept that is not easy to grasp. High grade coins from today perfectly preserved, with documentation proving they are early release or first strikes will be worth more than the same coins without the proof...... </p><p><br /></p><p>Our great, great grand children will read these old message board archives and say wow that first gold Kennedy was cheap.[/QUOTE]</p><p><br /></p>
[QUOTE="coinzip, post: 1970416, member: 10938"]I'm not saying its right for everyone but I understand why the buyer sees value in this coin and the plastic its in. 1. the owner of the 100k coin can claim "I have one of the first" and there is documentation to prove it. 2. there is no way to prove its "The First" coin minted, however it is without a doubt a coin that was among the first strikes. 3. now ask your self how much value would it add to the $10M coin that recently made history if you could prove without a doubt it was among the first strikes? I bet it would far exceed 100K. The owner that payed 100k is looking at the long term, historical value, its a concept that is not easy to grasp. High grade coins from today perfectly preserved, with documentation proving they are early release or first strikes will be worth more than the same coins without the proof...... Our great, great grand children will read these old message board archives and say wow that first gold Kennedy was cheap.[/QUOTE]
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