Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Problem Coins?
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 1245266, member: 112"]That's kind of like saying this thing would blue, if only it wasn't yellow.</p><p><br /></p><p><br /></p><p><br /></p><p>And they don't - think that way. There are many collectors who know for a fact that they will never be able to afford some of the problem free rarities. So rather than have a "hole" in their collection, they buy a problem example because that's the only way they will ever be able to fill that "hole".</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Rule of thumb - a problem coin is usually worth 20-50% of what a comparable problem free example is worth. And that percentage is determined by the severity of the problem, and sometimes by the desire of the buyer.</p><p><br /></p><p>Are there exceptions ? Of course, there are usually exceptions to most things.</p><p><br /></p><p><br /></p><p><br /></p><p>In that regard it's really no different than saying is it a feasible investment to buy problem free coins. For a given coin, if a problem free example increases in value, then a comparable problem example usually also increases by a similar percentage over the same amount of time. </p><p><br /></p><p>But the big question remains - when the time comes, will you be able to find somebody who is willing to buy your problem coin ? And I don't mean at the increased price, I mean will you be able to somebody to buy it at any price ?</p><p><br /></p><p>You see that is the real issue, there are only a finite number of collectors who are willing to knowingly buy problem coins.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1245266, member: 112"]That's kind of like saying this thing would blue, if only it wasn't yellow. And they don't - think that way. There are many collectors who know for a fact that they will never be able to afford some of the problem free rarities. So rather than have a "hole" in their collection, they buy a problem example because that's the only way they will ever be able to fill that "hole". Rule of thumb - a problem coin is usually worth 20-50% of what a comparable problem free example is worth. And that percentage is determined by the severity of the problem, and sometimes by the desire of the buyer. Are there exceptions ? Of course, there are usually exceptions to most things. In that regard it's really no different than saying is it a feasible investment to buy problem free coins. For a given coin, if a problem free example increases in value, then a comparable problem example usually also increases by a similar percentage over the same amount of time. But the big question remains - when the time comes, will you be able to find somebody who is willing to buy your problem coin ? And I don't mean at the increased price, I mean will you be able to somebody to buy it at any price ? You see that is the real issue, there are only a finite number of collectors who are willing to knowingly buy problem coins.[/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
>
US Coins Forum
>
Problem Coins?
>
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...