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SilverTowne Melts Thousands of Gold First Spouse & Commems
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<p>[QUOTE="crystalk64, post: 343726, member: 1873"]One must keep in mind there is a huge difference between the bullion market and coin collecting just as there is a huge difference between a coin collector and investor. A coin collector sees the beauty and rarity of the coin and an investor sees the gold or silver lying before him. We all have different tastes and reasons to be in this hobby. In my mind the important issue is whether or not I/WE have the right to do as we please with that which we own? The last thing I want to see in this industry/hobby is more restrictions. </p><p>I see rare old coins with holes drilled in them and just cringe wondering why in the world anyone would do such a thing? But then I realize to the individual back then, it was just a coin, and he/she definitely was as NOT a collector. And, like it or not the meltling and destruction of coins through the years has helped created rarities and higher prices as population counts go down.</p><p>If SilverTowne must melt to stay solvent and that will keep a coin dealer open, well thats a good thing. And, like it or not, we are not exactly over run with coin shops in this area. While it may not benefit us here and now future coin collectors or holders of many coins will benefit from low populations. After all supply and demand sets the stage for this hobby doesn't it?[/QUOTE]</p><p><br /></p>
[QUOTE="crystalk64, post: 343726, member: 1873"]One must keep in mind there is a huge difference between the bullion market and coin collecting just as there is a huge difference between a coin collector and investor. A coin collector sees the beauty and rarity of the coin and an investor sees the gold or silver lying before him. We all have different tastes and reasons to be in this hobby. In my mind the important issue is whether or not I/WE have the right to do as we please with that which we own? The last thing I want to see in this industry/hobby is more restrictions. I see rare old coins with holes drilled in them and just cringe wondering why in the world anyone would do such a thing? But then I realize to the individual back then, it was just a coin, and he/she definitely was as NOT a collector. And, like it or not the meltling and destruction of coins through the years has helped created rarities and higher prices as population counts go down. If SilverTowne must melt to stay solvent and that will keep a coin dealer open, well thats a good thing. And, like it or not, we are not exactly over run with coin shops in this area. While it may not benefit us here and now future coin collectors or holders of many coins will benefit from low populations. After all supply and demand sets the stage for this hobby doesn't it?[/QUOTE]
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