Your opinion please - a general idea for coin charity
I got some good and interesting feedback. Feel free to read on and add yours, but you do not need to persuade me of the impracticality of these ideas. I stand persuaded.
~~I have a notion, and I want to see the forum's general response.
I'm wondering if we can harness the power of coin collectors, and these forums, into a force for good!
Please give a 'like' if you think these ideas have merit, and respond with suggested refinements.
Let's say on the BST board I list a nice coin for sale.
The people offering to buy the coin are encouraged to pay above the market rate.
When I accept the best offer, the buyer sends the payment to an agreed charity, instead of to me.
I ship the coin to the buyer, who gets a nice coin and also supports a good cause.
Let's say I offer $1000 to donate to a nonprofit charity of your choice.
In exchange, you offer a nice coin worth ~$100, and send it to me.
I get the nice coin, I donate to a good cause. You see a good cause supported, essentially getting 10x leverage on your contribution.
Several people each put up coins for an agreed good cause.
These coins become the prize for a coin giveaway.
Everyone wanting the coins donates e.g. $50 to the agreed charity to be entered into the contest.
Randomly selected winner gets the pot.
Everyone involved helps a good cause, and the lucky winner gets some nice stuff.