This popped into my mind (regarding American bullion coins and the LIberty Dollars)
GoldenEyeNumismatics
Posts: 13,187 ✭✭✭
Was reading MrEureka's thread about bullion and it spawned a thought...
Many people bash collecting bullion coins because "they're just bullion." People sometimes pay sick premiums for them, especially when they are encased in MS70 or PR70 tombs.
I've heard a number of people bash the Liberty Dollars by saying that the founder is a scammer by charging people more US Dollars than the gold/silver value within the Liberty Dollar coin is worth.
So what's the difference between paying a huge premium for a US bullion coin and paying a comparably smaller premium for Liberty Dollars (which would be used in circulation amongst those who accept them).
Food for thought.
Many people bash collecting bullion coins because "they're just bullion." People sometimes pay sick premiums for them, especially when they are encased in MS70 or PR70 tombs.
I've heard a number of people bash the Liberty Dollars by saying that the founder is a scammer by charging people more US Dollars than the gold/silver value within the Liberty Dollar coin is worth.
So what's the difference between paying a huge premium for a US bullion coin and paying a comparably smaller premium for Liberty Dollars (which would be used in circulation amongst those who accept them).
Food for thought.
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