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Why are US coin prices dropping?
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<p>[QUOTE="Michael K, post: 2722424, member: 78298"]How many US coins have been produced? Trillions. How many have been melted, lost or destroyed. Millions.</p><p>The supply is greater than the demand. Prices will keep falling until it reaches a point where the buyers come in for a bargain, putting a floor on the prices.</p><p>The OP bought his coin at retail, perhaps thinking he was going to flip it.</p><p>Lesson learned. You are only out $50 it could have been 1000x times that.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 2722424, member: 78298"]How many US coins have been produced? Trillions. How many have been melted, lost or destroyed. Millions. The supply is greater than the demand. Prices will keep falling until it reaches a point where the buyers come in for a bargain, putting a floor on the prices. The OP bought his coin at retail, perhaps thinking he was going to flip it. Lesson learned. You are only out $50 it could have been 1000x times that.[/QUOTE]
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Why are US coin prices dropping?
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