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What makes a 1938-D Buffalo nickel worth over $16,000?

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  • leothelyonleothelyon Posts: 8,492 ✭✭✭✭✭
    The thing about these checkbook registry sets, don't these people know that when they bid up a coin like this 38-D or 50-D, don't they realize that there was likely only one other bidder in the process? image
    What I meant to say, when they decide to cash in on their investment, don't they realize that they won't be in the bidding process this time around. What this all means is, the risk is greater if they're expecting some other crazy guy to jump on board to take their place in the bidding war. Wasn't the infamous 1960-D a prime example?........don't these folks read these boards? What an uncalculated risk in padding your GPA!


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • mr1931Smr1931S Posts: 6,418 ✭✭✭✭✭
    "Such buyers aren't really collecting, in my opinion, but investing."

    I pretty much agree with the "aren't really collecting" part. The "investing" would be in what?

    Eventually locating someone you could turn-upside-down-and-see-how-much-more-money-than-you-paid-falls-out-of-their-pockets comes to mind. Investing in the vision of a new paradigm for the turnip truck also comes to mind.

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

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