Do you ever think Sacs will ever be worth less than face value?

Barry

Think about it. Odd denomination stamps sell for less than face value. Why not coins?

Coinerww

No.

coinguy89

About ten years from now, if not already, people will be trying to get rid of them but, I don't think they'll ever be willing to take a lose to do so.

jcping

NO. Folks bought 3c stamp sheets for investment in 40s, 50s and 60s. They can't return any to post office to exchange higher value stamps to use. For Sacs, I did not see folks bought in quantity for investment purpose. If yes, they can deposit them in the bank and get the face value back.

Geoman

No.

They are legal tender. They will always be worth a buck no matter how many people dislike them.

flaminio

<< <i>Think about it. Odd denomination stamps sell for less than face value. Why not coins? >>

Coins, in quantity, are already worth less than face value. CoinStar has made that a reality.

Barry

<< <i>

<< <i>Think about it. Odd denomination stamps sell for less than face value. Why not coins? >>

Coins, in quantity, are already worth less than face value. CoinStar has made that a reality. >>


That's what I was thinking, in addition to some banks now charging to accept large quantities of coins.

mgoodm3

What makes stamps worth less than face is the fact that you can only spend them at one place. the odd denominations are difficult to use since most items at said place are the same price. They are only useful when they change the price of said item.

kieferscoins

No.

Cameron Kiefer

flaminio

<< <i>No. >>

The always insightful Cammie strikes again. And one wonders why his post count is so high.

FWIW: +1

DHeath

They might, but through the end of this year, I'm prepared to pay .85 each delivered for any quantity up to 1.5 Million.

cladking

<< <i>Think about it. Odd denomination stamps sell for less than face value. Why not coins? >>



Of course very few people feel compelled to lick coins for their redemption.

Mint sets sold for less than face value for decades and many contained a
pair of Ike dollars. People didn't value the sets any differently if the Ikes
were blazing gems or MS-50's so effectively even gem Ikes have been a-
vailable for less than face value.

Taken a step further it can be seen that this still occurs!!! The value of some
Ike mint sets is actually lower than the combined value of the coins in them!
This means you could see it as getting the Ikes for less than face even if they
are gems.

It wouldn't be surprising that if one computed the odds of getting valuable
ultramoderns in the mint sets they'd find that the other coins would more than
pay the cost of the set and that the sacs are actually free, though even a lit-
tle knowledge of this market seems to indicate that this isn't true at the current
time.