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Old 04-29-2013, 04:32 PM   #1 (permalink)
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Default Can we get a coin-nerd thread

A lot of gold/silver/rare coins guys on here. Would be nice to have a section like the comic book guys do.

Would be nicer if BO wanted to start selling metals.
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Old 05-07-2013, 05:11 AM   #2 (permalink)
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i second this, that would be awesome to have a separate section for just precious metals
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Old 05-16-2013, 12:16 PM   #3 (permalink)
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I think we may be alone here dude.
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Old 06-16-2013, 09:11 PM   #4 (permalink)
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na im with ya.. i have a few coins to throw around..
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Old 06-16-2013, 10:10 PM   #5 (permalink)
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I would enjoy this, as long as the discourse was improved over some of the other parts of the board.
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Old 06-17-2013, 09:30 AM   #6 (permalink)
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With these coin threads, all we hear about on these boards is how silver is the investment of the century and how it will keep going up and up...
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Old 06-17-2013, 12:46 PM   #7 (permalink)
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Quote:
Originally Posted by MasterPattie View Post
With these coin threads, all we hear about on these boards is how silver is the investment of the century and how it will keep going up and up...
Not sure about the investment of the "century" (as in last 100 years, not just the millennium), some former Kodak, Apple, and Microsoft stockholders may disagree

I'm a "coin" guy, and I use precious metals like I would a bank, except it's MUCH easier to use my debit card at the LCS than to pay with Silver Eagles. I'm honestly not good at saving "cash", but silver/gold is liquid enough, and retains value consistently enough, that it provides a good way for us to maintain a "financial cushion" at times.

BTW, I'd love a sub-forum devoted to this, as I'm not a member on any devoted coin sites. Anyone want to trade their precious metals/coins for cards hit me up
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Old 06-17-2013, 01:04 PM   #8 (permalink)
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Coins and precious metals are two different things.

Coin prices are affected by precious metal prices, but their value is derived from far more that that. Condition, age, collectibility...

Precious metals are simply commodities. Their price is dictated solely by consensus pricing.

But as MasterPattie said, for some reason the metal pumpers come out in droves when coins are mentioned to try to sell silver, gold, etc. It's like going into a baseball card thread and telling everyone to invest in lumber, papermills, and ink.

A coin section would be great, except it would get overrun by metal pumpers.
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Old 06-17-2013, 01:21 PM   #9 (permalink)
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Quote:
Originally Posted by XL5 View Post
Coins and precious metals are two different things.

Coin prices are affected by precious metal prices, but their value is derived from far more that that. Condition, age, collectibility...

Precious metals are simply commodities. Their price is dictated solely by consensus pricing.

But as MasterPattie said, for some reason the metal pumpers come out in droves when coins are mentioned to try to sell silver, gold, etc. It's like going into a baseball card thread and telling everyone to invest in lumber, papermills, and ink.

A coin section would be great, except it would get overrun by metal pumpers.

Well, I like both! However, I rarely buy generic rounds/bars, and never purchased precious metals on "paper".

Morgan dollars are probably my favorite coin, but any 19th century US coins peak my interest. I also like the ones from "rare" mints, especially Carson City, NV; steel pennies, mercury dimes, and walking liberty half-dollars too

Don't forget that bullion "coins" minted by countries typically carry face value (obviously far less than the melt weight would be). Technically, this means silver eagles, maple leafs, pandas, etc can fall under the nusmismatic umbrella, and are priced accordingly in annual coin price guides.
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Old 06-17-2013, 03:55 PM   #10 (permalink)
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The Proof Silver Eagles is where it's at IMO
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Old 06-18-2013, 12:14 PM   #11 (permalink)
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Its up............

http://www.blowoutcards.com/forums/c...uy-sell-trade/

http://www.blowoutcards.com/forums/coins-currency/
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