Could any coin be acquired for a price????

Kdog08

I'm not talking about the sentimental stuff that is worth more to us personally than anything....I mean the ones that we hear about that are in "strong" collector(or probably more accurately....investor's) hands. Most things can be had for a price....even if the price is absurd! Is it true with coins also? This can go from a widget that maybe worth only a few dollars in numismatic markets....to the rarest of the rare. What do you think?

shottaker

<< <i>I'm not talking about the sentimental stuff that is worth more to us personally than anything....I mean the ones that we hear about that are in "strong" collector(or probably more accurately....investor's) hands. Most things can be had for a price....even if the price is absurd! Is it true with coins also? This can go from a widget that maybe worth only a few dollars in numismatic markets....to the rarest of the rare. What do you think? >>



Everything has a price.

Wow that sounded cryptic. If you offer enough money you can buy most things.

Look up the story on how Elvis bought his farm...Actually quite funny.

FEC

In other words, is there a coin so rare that none are available for sale at any price? Such as a 1933 Saint?

shottaker

<< <i>In other words, is there a coin so rare that none are available for sale at any price? Such as a 1933 Saint? >>



I'm sure theres still a 33 saint or 2 still around in the underworld of coins. Rumors of 1964 peace dollars persist. I guess theres a few that axist only in museums supposedly that might be unavailable.

But if you have the money you can hire someone to steal it. Would that count as a purchase? Have to explain the boundaries of such a mental exercise. A lot of us here have way too active imaginations and watch a lot of action adventure movies....

FEC

There may be coins that the are so rare that the 2 or 3 holders would not sell them for any price I suppose.

KentuckyJ

Not being a mega whale, not knowing for sure how mega whales deal with these situations, I would hazard a GUESS that if you offered incredibly stupid money for one or more of their mega exclusive prizes the average mega whale, laughing at how stupid your money was, secure in his or her own ego, might well let go of the prize and take your incredibly stupid money. Mega whales, by virtue of their mega status, probably wouldn't notice any offer where your money was merely stupid. But, if your money was incredibly stupid ....

ProofCents

It depends upon if the person sho is holding it needs it for a set but then again if the offer is high enough anything can be bought

MidLifeCrisis

I don't think so.

ACactions

Everything in this world can be had at some kind of price- Not always monetary but EVERYTHING has a price.

Edscoin

<< <i>Everything in this world can be had at some kind of price- Not always monetary but EVERYTHING has a price. >>


Yep, I would agree.

eCoinquest

of course, almost any human would sell their coin/s if a couple hundred million $$$$$$ were offered. jmo

speety

Doubt it... at least not for a reasonable price...

Try getting the Child's 1804 dollar for less than $10M or TDN's 1870-s for anywhere close to $3M... Both examples are "crazy" prices for the coins that I'm pretty sure the owners would shrug off in a heartbeat. Some don't need any more money, and some would just rather have that irreplacable coin!

intence

if the price is right sure why not

ProofArtworkonCircs

<<Could any coin be acquired for a price????>>

In my experience, you can not do it for a 1972 D type B quarter. If somebody wants to prove me wrong PM me.

Raybo

Yes!

KentuckyJ

Not being a mega whale, not even being a whale, I would have to say, of the coins in my collection, yes, even the one that is my current favorite will have a price, if you want the coin bad enough

sinin1

I think some are not allowed to be sold


(like the Smithsonian collection, ANAs, Notre Dames)


so when you say for a price, does it mean like fancy art - you have to hire a top notch thief ???


and plan on sitting on your prize forever until you die?

mozeppa

nobody gets my 61-D lincoln cent in 63 red for less than $22,000.00

and THATS FINA...NEGOTIABLE !

PerryHall

<< <i>if the price is right sure why not >>



Agree. Offer the guy that owns the only 1933 Saint gold $20 in private hands ten times what he paid for it and see what he says.

joebb21

offer him 1000x what he paid for the 33 saint- if he doesnt want to sell it... well...

Konahead

<< <i>I'm not talking about the sentimental stuff that is worth more to us personally than anything....I mean the ones that we hear about that are in "strong" collector(or probably more accurately....investor's) hands. Most things can be had for a price....even if the price is absurd! Is it true with coins also? This can go from a widget that maybe worth only a few dollars in numismatic markets....to the rarest of the rare. What do you think? >>





for the right price you will sell anything you have no matter how you feel about it!

COINB0Y

The business end of a gun will take anything from me

BillJones

I don’t think that anyone will ever get the only known and located 1849 double eagle from the Smithsonian collection. J.P. Morgan offered the government $10,000 for it back in around 1910, and they turned him down. Back then $10,000 was unheard of sum for a coin.

Ditto, for the rest of the treasures that are in the Smithsonian, like one of the two the 1907 High Relief $20 gold pieces that are double the thickness and the diameter of a $10 gold piece. These were the pieces that inspired the 2009 UHR $20 gold.

KentuckyJ

> I don’t think that anyone will ever get the only known and located 1849 double eagle from the Smithsonian collection


Maybe, maybe not. Institutions that go broke, governments that lose all ability to balance their books (not naming any world superpowers today) have been known to sell off many types of priceless treasures. Sometimes they let them go quietly. Sometimes it's done with a gun pointed at their head. Sometimes street mobs get to them before the treasure can be safely moved into hiding.

lcoopie

doesn't this belong on the BST?

but name your price first

ctf_error_coins

I am trying to put together a high end error collection "type set"

Many if not most of the pieces are one of a kind with exceptional eye appeal

These coin are not for sale. I most likely would not take an offer for 5 times my cost as they are unique and part of a set

that said, if some super wealthy collector came along and offered me some absurd price I mean way out there, well then I would be a fool not to take it.

Coinosaurus

<< <i>I don’t think that anyone will ever get the only known and located 1849 double eagle from the Smithsonian collection. >>



I say it is for sale. Now, whether the price is $100M, $1B, or $10B I can not say, but if you start adding enough zeroes, it is for sale.

pennyannie

If a collector owns it , you can buy it. I do not care how attached they claim they are to it. It would not take stupid money to get most of them. A nice profit will eat at them. Whales like money and playing the game. You have to be smarter than the whale. If you want his 3.2 million dollar coin, make the offer to his other half and she will do the work for you.

BECOKA

I'm thinking that there a lot of coins at the Smithsonian that are pretty much un-acquireable.

shottaker

<< <i>I'm thinking that there a lot of coins at the Smithsonian that are pretty much un-acquireable. >>


Think "mission impossible"

Coinosaurus

<< <i>I'm thinking that there a lot of coins at the Smithsonian that are pretty much un-acquireable. >>



Nah. Probably $10M and a "permanent loan" back to the Smithsonian would do the trick for most coins. Take away the "permanent loan" clause and the price goes up, but it's all negotiable.......

crypto79

price goes beyond just$$$. I am pretty sure if you built a complete collection of 20$ double eagles of mostly top POPs and set up a traveling exhibition tied to the ANA you could get the 1849 lent with the proper insurance associated with it. Then if it went poof in the night, well that would be a high price to pay

jacksongto

Whenever I get approached to sell something that I'm not actively selling and they ask, "what will you take for it?" my standard answer is

"Got enough money? I'll sell you a kidney"

.....somewhere north of 11 digits

lcoopie

if it can be legally sold,
yes

say someone has a 10 million dollar coin
that they inherited from their great great great grandfather,
George Washington
and they were very wealthy already,
not needing any money

and Bill Gates offered them 1 billion dollars for it

...

PerryHall

<< <i>Whenever I get approached to sell something that I'm not actively selling and they ask, "what will you take for it?" my standard answer is

"Got enough money? I'll sell you a kidney"

.....somewhere north of 11 digits >>



It's illegal to sell body parts.

mikeyg

<< <i>

<< <i>if the price is right sure why not >>



Agree. Offer the guy that owns the only 1933 Saint gold $20 in private hands ten times what he paid for it and see what he says. >>

ColonialCoinUnion

If you want to start coming up with scenarios whereby someone offers $42,000,000,000,000,000 for a coin (or anything else, for that matter), then yes, I suppose everything could be acquired.

But in real world scenarios in which the owners are wealthy people who like the coins and don't need the money, then no reasonable offer could ever pry them loose.

mkman123

yes. I'm sure if bill gates got into coins, he could acquire every US coin out there in the finest grades with no problems at all