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<p>[QUOTE=&quot;MintState, post: 1544653, member: 40180&quot;]Here’s why your argument is flawed. So how do you put an actual figure on “intrinsic value?” Are you revaluing these coins on a daily basis to match the spot price of silver? Are you actually tracking commodities and anticipating (with help from your crystal ball) a prospective increase in the price of silver? Most people who price their coins on this basis set the mark artificially high. They use a price that matches either a recent high in the silver market, or worse, they incorrectly believe they can forecast where silver prices are going and attach an even higher premium to their pieces.</p><p>&nbsp;</p><p>These values are often far beyond what the collector market would assign to the coins (this may not be true of bullion markets because much of that is strictly based upon speculation - though if you look back, I have not been referring to the effects on the bullion market; only the collector market). As I said, you’re free to charge (or pay) as much as you want for a coin. But attaching an inflated premium to the asking price hurts the market as a whole and slows the exchange of goods. In the end, that’s harmful to any open market.[/QUOTE]</p><p><br /></p>

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