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<p>[QUOTE="RedTiger, post: 683085, member: 19098"]One thing not mentioned in the long thread is that ANYONE can buy one or photograph one, and MAKE MORE. Yes, that's right, if you like them they'll make more. While the Denver Mint might have originally had them made to sell in store, anyone with a supply of these coins can have more made. The current slabs might be limited, but have only novelty value in my mind by themselves.</p><p><br /></p><p>The Denver Mint is reported up the thread to have sold them for $8.00. That means, the production cost is likely $4.00 or less. So if any collector wants to buy something that costs $4 for $80, I say more power to them. To me, what that collector is buying is a trip to the cleaners. If a person enjoys that, again, more power to them. This forum exists in part, to educate collectors, not to have them taken. Those that know market prices tend to enjoy the hobby more than those that buy stuff from the TV coin shows.</p><p><br /></p><p>Alt IDs and sock puppets are a big problem on some other coin forums. Readers, do not get taken in by fast talking promoters on the Internet. Figure out what fair market value is, both the retail and wholesale value, before writing a big check. A complete set at $80 each is 40 x 80 = $3200. Yikes. That buyer would be fortunate to get $5 each for the set, or a $3000 loss, if sold to a dealer. Really.[/QUOTE]</p><p><br /></p>
[QUOTE="RedTiger, post: 683085, member: 19098"]One thing not mentioned in the long thread is that ANYONE can buy one or photograph one, and MAKE MORE. Yes, that's right, if you like them they'll make more. While the Denver Mint might have originally had them made to sell in store, anyone with a supply of these coins can have more made. The current slabs might be limited, but have only novelty value in my mind by themselves. The Denver Mint is reported up the thread to have sold them for $8.00. That means, the production cost is likely $4.00 or less. So if any collector wants to buy something that costs $4 for $80, I say more power to them. To me, what that collector is buying is a trip to the cleaners. If a person enjoys that, again, more power to them. This forum exists in part, to educate collectors, not to have them taken. Those that know market prices tend to enjoy the hobby more than those that buy stuff from the TV coin shows. Alt IDs and sock puppets are a big problem on some other coin forums. Readers, do not get taken in by fast talking promoters on the Internet. Figure out what fair market value is, both the retail and wholesale value, before writing a big check. A complete set at $80 each is 40 x 80 = $3200. Yikes. That buyer would be fortunate to get $5 each for the set, or a $3000 loss, if sold to a dealer. Really.[/QUOTE]
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Presidential Oath Dollars?? Your advice
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