Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Modern Day Slabbed High Grades/Spec. Designations
>
Reply to Thread
Message:
<p>[QUOTE="rob2753020, post: 836990, member: 22798"]If coins are worth only the metal contents, that includes old coins. You can't make a logical argument if you start out with a false statement. Coins are only worth what someone else is willing to pay for them. It doesn't matter if it is old or new. It is all about what people perceive the coin's worth. Old or not, collectors like myself are out there in the millions. I am not the only person paying your perception of STUPID MONEY. Tell me why it is stupid when I spend $6600 on a coin when I see it selling for more that $17k at H.A. today. Take out the collecting aspect of it and look at it from a business side of it and making more than $10k on your investment seems like SMART MONEY to me. Last year sold the same coin sold for almost $30k.... Again SMART MONEY. Like the 1st issue Batman comics. Just sold for more than a $1,000,000. They buyer didn't pay for the paper content. There is always something more than the material content that raises the value. It's perception. Perception is reality when someone spends the money on it.[/QUOTE]</p><p><br /></p>
[QUOTE="rob2753020, post: 836990, member: 22798"]If coins are worth only the metal contents, that includes old coins. You can't make a logical argument if you start out with a false statement. Coins are only worth what someone else is willing to pay for them. It doesn't matter if it is old or new. It is all about what people perceive the coin's worth. Old or not, collectors like myself are out there in the millions. I am not the only person paying your perception of STUPID MONEY. Tell me why it is stupid when I spend $6600 on a coin when I see it selling for more that $17k at H.A. today. Take out the collecting aspect of it and look at it from a business side of it and making more than $10k on your investment seems like SMART MONEY to me. Last year sold the same coin sold for almost $30k.... Again SMART MONEY. Like the 1st issue Batman comics. Just sold for more than a $1,000,000. They buyer didn't pay for the paper content. There is always something more than the material content that raises the value. It's perception. Perception is reality when someone spends the money on it.[/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
>
Modern Day Slabbed High Grades/Spec. Designations
>
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...