Message:

<p>[QUOTE=&quot;CamaroDMD, post: 680890, member: 5233&quot;]Exactly.&nbsp; The coins can&#039;t get less valuable than the spot price...but from there they go up based on collectibility alone.&nbsp; For example, there is no &quot;spot price&quot; difference between a 1893-S and a 1921 Morgan Dollar.&nbsp; One sells for over $100K in MS63 while the other is around $30 or so.&nbsp; Both command a premium over spot but there is no formula to determine how much.&nbsp; The value of a coin is determined by the supply and demand of the coin itself...the metal value simply creates a minimum value.</p><p><br /></p><p>Going back to the 1893-S vs. 1921 example.&nbsp; Well circulated 1893-S Morgan&#039;s still sell in the thousands but circulated 1921 Morgan&#039;s sell for spot value because they are no longer of significant demand in that grade to command a premium.[/QUOTE]</p><p><br /></p>

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