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Why does the U.S. mint not sell bullion coins to the public?
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<p>[QUOTE="baseball21, post: 8063221, member: 76863"]Like I said those same dealers will be more than happy to sell it as a premium and hype up the 70 when they arent the buyers. All one has to do is look at GC, Heritage, David Lawrance, eBay etc they sell all day long all the time for a premium. This is what actually happens </p><p><br /></p><p>Take any coin to 100 dealers and see just how absurdly low many of them will be. Selling directly to a dealer is often the worse way for a collector to sell something. Aside from covid one of the biggest reasons why the online market has exploded is that people got sick of getting one story selling and another buying. This is especially true for younger collectors and collectors that dont fit the general demographic as to many will think they can take advantage of that situation.</p><p><br /></p><p>There are good dealers out there, but being a dealer even a national one or writing a book doesnt make someone a good dealer. I've been lied to by a "series" expert who has written books before for not being in the typical demographic all it did was cost him two customers as my friend got told something completely different when I suspected they were full of it. </p><p><br /></p><p>The simple fact is it doesnt matter what dealers would offer you at show or what collectors on a forum would say. There is a very real, very vibrant market place for these at numerous auction houses that sell constantly for premiums as 70s all the time. If someone doesnt want them or like them thats fine, but the market cannot be denied[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 8063221, member: 76863"]Like I said those same dealers will be more than happy to sell it as a premium and hype up the 70 when they arent the buyers. All one has to do is look at GC, Heritage, David Lawrance, eBay etc they sell all day long all the time for a premium. This is what actually happens Take any coin to 100 dealers and see just how absurdly low many of them will be. Selling directly to a dealer is often the worse way for a collector to sell something. Aside from covid one of the biggest reasons why the online market has exploded is that people got sick of getting one story selling and another buying. This is especially true for younger collectors and collectors that dont fit the general demographic as to many will think they can take advantage of that situation. There are good dealers out there, but being a dealer even a national one or writing a book doesnt make someone a good dealer. I've been lied to by a "series" expert who has written books before for not being in the typical demographic all it did was cost him two customers as my friend got told something completely different when I suspected they were full of it. The simple fact is it doesnt matter what dealers would offer you at show or what collectors on a forum would say. There is a very real, very vibrant market place for these at numerous auction houses that sell constantly for premiums as 70s all the time. If someone doesnt want them or like them thats fine, but the market cannot be denied[/QUOTE]
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