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<p>[QUOTE=&quot;Cloudsweeper99, post: 328288, member: 3011&quot;]I don&#039;t think &quot;supply and demand&quot; is an answer here.&nbsp; That would answer HOW the price is determined, but not WHY.&nbsp; I don&#039;t think anyone pays a high price for a coin BECAUSE someone else will.&nbsp; There&#039;s more to it than that.&nbsp; The reasons are usually related to some combination of history, scarcity, artistry, and condition. There are also psychological intangibles related to owning something that most others can&#039;t, or spending more money on a luxury item than others can afford [i.e., the &quot;snob&quot; factor].&nbsp; Then there is the motive of buying because of the belief that the item is either a bargain price now, or will be in the future -- the profit motive.</p><p><br /></p><p>So there are many reasons why coins sell for more than face value.[/QUOTE]</p><p><br /></p>

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