If someone offered you pre-1934 US numismatic coins in payment for a debt...

291fifth

...would you accept them? (Assume the coins are not low-end junk.)

How would you value them?

BillyKingsley

I would love that! Please, someone who has them get in debt to me!!

SaorAlba

I can say I have taken Series 1934 banknotes from the bank, recently several $50's and a $100. Better to have cash than money in the bank these days.

TwoSides2aCoin

<< <i>...would you accept them? (Assume the coins are not low-end junk.)

How would you value them? >>



Of course I would accept them. I am a coin geek.
I would value them (isn't that enough ? ) , they are not low end junk.

Cladiator

Face value.

tightbudget

Face value yes.

savoyspecial

this hypothetical is worthless without pictures

greg

UTTM07

I guess that means they can't offer you those rolls of shiny dollars from San Fransisco!

291fifth

I would not accept them except at a very steep discount from gray sheet. I would have to believe the coins had very high liquidity.

PerryHall

Only at low wholesale prices since I would have to sell them to a dealer and I want some profit for my troubles.

SilverEagles92

I'd take all they want to give me at my current RedBook prices (all I have is a 2004 edition)