How much would you pay to rent an 1804 dollar for a year?

MrEureka

We value coins for at least a few reasons, including:

1. Pride of ownership.
2. Resale value.
3. The ability to handle, play with and reflect upon the coins whenever and wherever we choose.

If coins were rented, the first two of the above reasons disappear.

With that in mind, how much would you pay to rent a $2 million 1804 dollar for a year?

tradedollarnut

Nothing. It'd have to stay in the vault, so why bother?

mgoodm3

tree-fitty.

mrearlygold

Zero.

But would sure like to be engaged in a negotiation to buy or sell one. ( for a customer )

Tom

nwcs

A dollar.

Gonfunko

Up to $500. Maybe.

MrEureka

Nothing. It'd have to stay in the vault, so why bother?

TDN - OK, I'll walk into your obvious trap and ask "Don't you keep your coins in the vault?"

tradedollarnut

But would sure like to be engaged in a negotiation to buy or sell one.

Been there, done that - no biggie. Seems to me that #'s 1 and 2 are an integral part of coin collecting - without which the pizzaz just isn't there.....

Don't you keep your coins in the vault?

Yes. That's one reason I like the Registry - I can 'visit' them when I want to.

jcping

I pass

MrEureka

Seems to me that #'s 1 and 2 are an integral part of coin collecting - without which the pizzaz just isn't there.

For me, all three are integral parts of collecting.

MrEureka

That's one reason I like the Registry - I can 'visit' them when I want to.

Assume that you can keep rented coins in the Registry.

MrEureka

BTW, my answer is $500.

jdimmick

Nothing,

No fun in renting it, however, like Tom P mentioned, it would be fun to broker a coin of that magnitude!

MrEureka

No fun in renting it

You wouldn't enjoy showing up at the local club meeting or show and showing the coin off?

You wouldn't enjoy pulling the coin out of your wallet and showing it around at the bar?

You wouldn't enjoy taking a five minute break from work to look at the coin and let your mind wander?

Are you sure you're really a coin collector?

Gonfunko

<< <i>Why rent when you can own one? >>


That's just the thing though - I can't own one, unless you care to give a couple million spare change.

tradedollarnut

You wouldn't enjoy showing up at the local club meeting or show and showing the coin off?

You wouldn't enjoy pulling the coin out of your wallet and showing it around at the bar?

You wouldn't enjoy taking a five minute break from work to look at the coin and let your mind wander?

Ahhh - you're paying a lot more than $500. You're assuming the risk of loss, which if you do those things is a heck of a lot more than $500. Not to mention the risk of getting hit over the head and permanently injured....

F117ASR

$1. Then I'd crack it out, and flip it when I have to make decisions.













just kidding....or am I?

stujoe

$10 but only if full coverage insurance is included in that rental price.

astrorat

That would depend on the coin. I would only really like to own (rent) the Class III in the National Numismatic Collection because of its provenance . . . it belonged to Linderman. The question of renting it is mute, since it is a permanant part of the Smithsonian's holdings. Now, however, one can visit the piece in person without the hinderence of a exhibit case!

Then again, I am not entranced by the 1804 dollars, although I do appreciate how they have impacted the hobby. I enjoy the dubious history of the pieces, but like the 1913 Liberty nickels, they are a product of unfettered, larcenous greed.

Lane

khayse

what I'd be willing to pay wouldn't cover the insurance (and I'd probably go around $500 like the other people).

-KHayse

ziggy29

I'd save my money and rent what I feel is a more legitimate mint issue, one not created as fantasy pieces for collectors and dignitaries.

jbsteven

I would pay in the 4 figures to rent it for a year.

aem4162

nothing

techeff

zero, pride is in ownership with a coin.

Shamika

$100 easy!

ddink

<< <i>Why rent when you can own one? >>



Not everyone is a millionaire lol. I'd pay maybe $100, assuming that insurance on the coin was included, as well as a couple armored guards for when I pulled it out in the bar

oreville

I would pay $500 as long as I had an option to buy at a specified price within the next 20 years.