Besides the 84 Trade $1's, what else can we profitably melt?
MrEureka
Posts: 24,175 ✭✭✭✭✭
We've already established in other threads that you can make money by buying all the 84 Trade Dollars and melting all but five. Now, here's the cool thing: That may be the only coin for which that strategy will work. Play with the numbers. I defy you to name another coin where this would work!
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
0
Comments
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
At current levels, that would take about $3.5 - 4 million. It might work!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>There are some good opportunities like this in the modern commemorative gold series. It wouldn't take much to make some of these issues rarer than the $1600 Jackie Robinson BU $5. >>
Ahhh...Mr. Eureka...that's the 2,200 Jackie Robinson and J. Parrino is hoarding them instead of melting which could very well boil down to the same!