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<p>[QUOTE="2011steeny, post: 3233126, member: 87763"]I noticed that in the opening statement of your conversation, you said that you were new to stacking, but you were a numismatic collector for several years.</p><p><br /></p><p>Numismatics, is about the study of coins, their history, value, design, material composition, and condition.</p><p><br /></p><p>Stacking, is simply the practice of getting as much of the same type precious metal, (PM), items to hold, until there is a good time to sell it as melt/scrap.</p><p><br /></p><p>I guess someone can be both, a stacker, and a numismatic collector, but it would be pretty difficult to be a numismatist, and a stacker.</p><p><br /></p><p>When coins are purchased for the purpose of making a particular set, whether that is a certain type set, date set, mint mark set, error set, design set, TYPE set, or PM only set. </p><p>Most of the people building those sets, are going to try and get the very best examples, they can afford, for that particular set. Cull's, are generally not purchased, for use in building sets, unless there are no better examples available. Generally, numismatist's, don't purchase more than one, of a "same type", particular coin, (face value, mint mark, design, etc.), for their set. If they do end up with more than one, of the same type, they would rather, it go to another numismatist, then sold as melt/scrap. Therefore, it would be very difficult for a numismatist to be a stacker.</p><p><br /></p><p>A numismatist, generally knows what they have, and the condition it's in. If they do, come across a better example, of what they have, it's within their budget, and they want to get it, they generally will. The item removed, in most every case though, would go to another numismatist, that needs one, and not held for a higher PM price.[/QUOTE]</p><p><br /></p>
[QUOTE="2011steeny, post: 3233126, member: 87763"]I noticed that in the opening statement of your conversation, you said that you were new to stacking, but you were a numismatic collector for several years. Numismatics, is about the study of coins, their history, value, design, material composition, and condition. Stacking, is simply the practice of getting as much of the same type precious metal, (PM), items to hold, until there is a good time to sell it as melt/scrap. I guess someone can be both, a stacker, and a numismatic collector, but it would be pretty difficult to be a numismatist, and a stacker. When coins are purchased for the purpose of making a particular set, whether that is a certain type set, date set, mint mark set, error set, design set, TYPE set, or PM only set. Most of the people building those sets, are going to try and get the very best examples, they can afford, for that particular set. Cull's, are generally not purchased, for use in building sets, unless there are no better examples available. Generally, numismatist's, don't purchase more than one, of a "same type", particular coin, (face value, mint mark, design, etc.), for their set. If they do end up with more than one, of the same type, they would rather, it go to another numismatist, then sold as melt/scrap. Therefore, it would be very difficult for a numismatist to be a stacker. A numismatist, generally knows what they have, and the condition it's in. If they do, come across a better example, of what they have, it's within their budget, and they want to get it, they generally will. The item removed, in most every case though, would go to another numismatist, that needs one, and not held for a higher PM price.[/QUOTE]
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