Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@PerryHall said:
You need a "None of the above" option.
No I don't. It's a hypothetical. Would you rather be stabbed or shot? The answer, if allowed, is "neither". But that doesn't force you to make the comparison, it gives you an easy out.
Would you rather have cancer or a heart attack? Would you rather fall out of a window or be hit by a car? You can only save your daughter or your wife, which one do you save?
The whole point of binary hypotheticals is to force you to make a binary decision. No easy outs.
@BillDugan1959 said:
Hypothetically, I could choose to not participate. Hypothetically.
LOL. You could always choose not to participate, but you would have been no fun back in college. We used to play these binary hypothetical games at parties all the time. Maybe you need a beer before you choose. We also used to have such debates in logic/philosophy classes.
So, what you're saying is that if the two candidates in the Fall each propose a medical insurance solution that you find unpalatable, then you must NOT vote?
Buy a $65.95 Mint product that is going to be worth $50
I don’t like mint products, so the less I spend, the better. With either choice; I don’t make any profit. The one that loses, loses very little and is cheaper, so that is my thinking.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
NEITHER -- it IS what it IS and WILL BE. I'll take the $1000 Alex.
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
So, if the question were: both your wife and your daughter were dangling off a cliff and you could only save one, which one would it be? Your answer is "neither"????
Buy a $65.95 Mint product that is going to be worth $50
Why would I want to spend $800 on $17 worth of silver just because they only made 30000. There are far more attractive coins being made at private mints with far lower mintages with higher quality silver. The most I have ever paid for ASE was $199 for a PCGS PR70 FDI and that was pushing my price limit. I would not pay anymore than that for the next 100 years.
@CollectorBonEZ said:
Why would I want to spend $800 on $17 worth of silver just because they only made 30000. There are far more attractive coins being made at private mints with far lower mintages with higher quality silver. The most I have ever paid for ASE was $199 for a PCGS PR70 FDI and that was pushing my price limit. I would not pay anymore than that for the next 100 years.
So, you wouldn't spend $800 for an original 1804 dollar either? I mean, it's only $12 worth of silver.
I would also point out that the question didn't identify what you were buying. It could have been a half ounce gold coin. The question was about value.
Buy a $65.95 Mint product that is going to be worth $50
@jmlanzaf
The 1804 dollar is over 200 years old. I wrote in my post at the end I would not pay more than $199 for the next 100 years, I meant that literally. With the passage of time coins become rarer as some are lost, melted, damaged and worn. They also gain more of a story as they pass from person to person. So if you are referring to the value of a new silver coin I would not pay $800 for it. If it were a new half ounce of gold it would depend on the story of the coin, rarity and what was being depicted on it.
So, if the question were: both your wife and your daughter were dangling off a cliff and you could only save one, which one would it be? Your answer is "neither"????
For some people, I could see a third option (not me).
Buy a $65.95 Mint product that is going to be worth $50
Very, very rarely in real life can any question be answered yes or no. There is almost always a caveat. What may be true on one level may be false on another.
That being said I choose the $65.95 item as it has the least potential future loss
@1630Boston said:
Very, very rarely in real life can any question be answered yes or no. There is almost always a caveat. What may be true on one level may be false on another.
That being said I choose the $65.95 item as it has the least potential future loss
It's not the yes or no. It's the either/or. There is ALWAYS an answer, even if unsatisfying, to an either/or. Would you rather be burned with hot water or hot oil?
Would you rather be burned with hot water or hot oil?
Why are most of your either/or choice options painful ?
How about, would you rather win a free red car or a free black car ?
Just kidding, I'm learning here
LOL. It's a game we used to play in grad school. The whole point is to determine relative value. Sometimes it was something positive: would you rather have $1 million cash or $20k per year for life. Would your rather have free cars for life or a free house? But sometimes it is a choice between 2 negatives.
In this case, I think it's an interesting question: $800 coin (pricey for some) that holds value versus inexpensive coin that doesn't hold value.
I also think it does relate directly to the recent ASE posts from the angry few. They are mad that they didn't get the $66 coin that went up. Well, of course. But some of the solutions like make sure you Mint enough for everyone, for example, leaving you with yet another $66 coin that would be a $50 coin (or less) as soon as it arrives. On the other hand, people that wanted to collect them did have the opportunity to buy them at elevate prices of $800 or so with a chance that they hold value. So, for next year, would you rather a cheap bauble that doesn't hold value or an expensive bauble that does?
Buy a $800 Mint product that's going to be worth $800
Maybe I'm misreading this, but the question was phrased such that the $800 coin would hold its value, presumably when you decide to sell it. Why would anyone choose the coin that loses value? Get the $800 coin, enjoy it for however long, and sell it for the same $800. I'd choose that over buying a coin at any value, enjoying it for however long, and losing money on it when sold.
As far as mint products go, I need an option of a $65 coin that in a week of travel time it goes up to $1000.00. Oh wait, that happened.
Best choice ever!
I'm with the "other" camp. I'll take a $15 ancient Roman coin from a bargain bin. Especially if it ended up in the bargain just because it looked common, but was really a scarce one year type!
"Render therfore unto Caesar the things which are Caesar's; and unto God the things that are God's." Matthew 22: 21
Comments
Great transactions with oih82w8, JasonGaming, Moose1913.
Did the Mint miss out on .05 cents of profit, or were they just being .95 cents greedy?
Actually neither choice appeals to me.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
Why would I want to buy either?
Actually, neither product is appealing if made in silver or bronze.
But I do buy a lot of U.S. Mint silvers that do about the same as the first example....
Not good with hypotheticals?
You need a "None of the above" option.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
No I don't. It's a hypothetical. Would you rather be stabbed or shot? The answer, if allowed, is "neither". But that doesn't force you to make the comparison, it gives you an easy out.
Would you rather have cancer or a heart attack? Would you rather fall out of a window or be hit by a car? You can only save your daughter or your wife, which one do you save?
The whole point of binary hypotheticals is to force you to make a binary decision. No easy outs.
Now, go back and CHOOSE!
Hypothetically, I could choose to not participate. Hypothetically.
LOL. You could always choose not to participate, but you would have been no fun back in college. We used to play these binary hypothetical games at parties all the time. Maybe you need a beer before you choose. We also used to have such debates in logic/philosophy classes.
So, what you're saying is that if the two candidates in the Fall each propose a medical insurance solution that you find unpalatable, then you must NOT vote?
None of the above.
Not a choice.
Dang, old coin guys really are bad with hypotheticals.
Much love!
But what if the $800 Mint product develops milk spots?
I don’t like mint products, so the less I spend, the better. With either choice; I don’t make any profit. The one that loses, loses very little and is cheaper, so that is my thinking.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
If I have to keep it, I'd buy the cheaper item. If I can sell it for the listed value, I'd buy the more expensive one.
N/A
https://www.omnicoin.com/collection/colind?page=1&sort=sort&sale=1&country=0
Huh, philosophy and logic.
My idea of a hypothetical question is this: Morgan Freeman or Morgan Fairchild?
I think you are being rather optimistic if you are suggesting the reverse proof will retain a value of $50. $20 is more like it.
Yes, there needs to be a 3rd option.
Neither.
Both could be acceptable. If I like the coin ,it will give me a "profit" in the form of enjoyment and pleasure of ownership.
NEITHER -- it IS what it IS and WILL BE. I'll take the $1000 Alex.
I will be upfront and honest, I don't like to lose even a buck at anytime! I will take the $800 dollar option thank you very much!
not an option.
So, if the question were: both your wife and your daughter were dangling off a cliff and you could only save one, which one would it be? Your answer is "neither"????
Why would I want to spend $800 on $17 worth of silver just because they only made 30000. There are far more attractive coins being made at private mints with far lower mintages with higher quality silver. The most I have ever paid for ASE was $199 for a PCGS PR70 FDI and that was pushing my price limit. I would not pay anymore than that for the next 100 years.
https://www.pcgs.com/setregistry/mysetregistry/showcase/6602
So, you wouldn't spend $800 for an original 1804 dollar either? I mean, it's only $12 worth of silver.
I would also point out that the question didn't identify what you were buying. It could have been a half ounce gold coin. The question was about value.
I would take the $800 option.... I do not sell coins, but since this is a 'choice' contest...I prefer retained value over loss. Cheers, RickO
@jmlanzaf
The 1804 dollar is over 200 years old. I wrote in my post at the end I would not pay more than $199 for the next 100 years, I meant that literally. With the passage of time coins become rarer as some are lost, melted, damaged and worn. They also gain more of a story as they pass from person to person. So if you are referring to the value of a new silver coin I would not pay $800 for it. If it were a new half ounce of gold it would depend on the story of the coin, rarity and what was being depicted on it.
https://www.pcgs.com/setregistry/mysetregistry/showcase/6602
I would sell them .....not buy em....
ill pass on the both of them, jmo
Not an option.
For some people, I could see a third option (not me).
If you held a gun to my head, I would buy the coin I could break even on and liquidate it immediately.
Very, very rarely in real life can any question be answered yes or no. There is almost always a caveat. What may be true on one level may be false on another.
That being said I choose the $65.95 item as it has the least potential future loss
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
It's not the yes or no. It's the either/or. There is ALWAYS an answer, even if unsatisfying, to an either/or. Would you rather be burned with hot water or hot oil?
Would you rather be burned with hot water or hot oil?
Why are most of your either/or choice options painful ?
How about, would you rather win a free red car or a free black car ?
Just kidding, I'm learning here
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
LOL. It's a game we used to play in grad school. The whole point is to determine relative value. Sometimes it was something positive: would you rather have $1 million cash or $20k per year for life. Would your rather have free cars for life or a free house? But sometimes it is a choice between 2 negatives.
In this case, I think it's an interesting question: $800 coin (pricey for some) that holds value versus inexpensive coin that doesn't hold value.
I also think it does relate directly to the recent ASE posts from the angry few. They are mad that they didn't get the $66 coin that went up. Well, of course. But some of the solutions like make sure you Mint enough for everyone, for example, leaving you with yet another $66 coin that would be a $50 coin (or less) as soon as it arrives. On the other hand, people that wanted to collect them did have the opportunity to buy them at elevate prices of $800 or so with a chance that they hold value. So, for next year, would you rather a cheap bauble that doesn't hold value or an expensive bauble that does?
Neither one is a deal for me. That 800 one has more downside, much more lol! Got your parachute ready?
I bought Mexico PCGS 70 onza for $44.
Maybe I'm misreading this, but the question was phrased such that the $800 coin would hold its value, presumably when you decide to sell it. Why would anyone choose the coin that loses value? Get the $800 coin, enjoy it for however long, and sell it for the same $800. I'd choose that over buying a coin at any value, enjoying it for however long, and losing money on it when sold.
Rocking my "shiny-object-syndrome"!!!
Would you rather:
have One really big tooth
or pee a little every time you laugh?
Bst transactions with: dimeman, oih82w8, mercurydimeguy, dunerlaw, Lakesammman, 2ltdjorn, MattTheRiley, dpvilla, drddm, CommemKing, Relaxn, Yorkshireman, Cucamongacoin, jtlee321, greencopper, coin22lover, coinfolio, lindedad, spummybum, Leeroybrown, flackthat, BryceM, Surfinxhi, VanHalen, astrorat, robkool, Wingsrule, PennyGuy, al410, Ilikecolor, Southcounty, Namvet69, Commemdude, oreville, Leebone, Rob41281, clarkbar04, cactusjack55, Collectorcoins, sniocsu, coin finder
As far as mint products go, I need an option of a $65 coin that in a week of travel time it goes up to $1000.00. Oh wait, that happened.

Best choice ever!
Bst transactions with: dimeman, oih82w8, mercurydimeguy, dunerlaw, Lakesammman, 2ltdjorn, MattTheRiley, dpvilla, drddm, CommemKing, Relaxn, Yorkshireman, Cucamongacoin, jtlee321, greencopper, coin22lover, coinfolio, lindedad, spummybum, Leeroybrown, flackthat, BryceM, Surfinxhi, VanHalen, astrorat, robkool, Wingsrule, PennyGuy, al410, Ilikecolor, Southcounty, Namvet69, Commemdude, oreville, Leebone, Rob41281, clarkbar04, cactusjack55, Collectorcoins, sniocsu, coin finder
I'm with the "other" camp. I'll take a $15 ancient Roman coin from a bargain bin. Especially if it ended up in the bargain just because it looked common, but was really a scarce one year type!