Certified Morgan dollars on TV

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  • jmlanzaf
    jmlanzaf Posts: 43,047 ✭✭✭✭✭
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    @MsMorrisine said:
    is the washington quarter unsustainable?

    Many silver stackers say "yes"

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • SoFlo
    SoFlo Posts: 564 ✭✭✭✭
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    The value of an item is what someone is willing to pay for it.

    After all these years my wife still thinks I'm sexy. Every time I walk by she says "What An Ass"

  • NJCoin
    NJCoin Posts: 4,892 ✭✭✭✭✭
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    @Mizzou said:
    The value of an item is what someone is willing to pay for it.

    Correct. And, as just one example, around 100,000 fewer people were willing to pay for each of 6, count 'em, 6 different Morgan and Peace Dollars in 2024 after the price was increased by $15 each. The same can be said for just about everything the Mint sells as prices increase, both due to precious metal price increases and Mint margin increases.

    Unsustainable, because pretty soon there will not be enough people "willing to pay for it" for the various numismatic programs to be sustained in their present form. Especially not when the items are priced at such a level that they do not even retain their value in the secondary market.

  • MsMorrisine
    MsMorrisine Posts: 40,041 ✭✭✭✭✭
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    if they have sold all of them, i guess they are sustainable

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

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