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 Replies: 39 / Views: 5,010 |
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Pillar of the Community
 United States
1949 Posts |
So much opportunity left on the table... I could see the 'Shipwreck Salvage Submarine Sunken Treasure' advertisements... Say what you want about the marketing aspect, I could not even tell you how many people who know nothing else about coins, know about the Saddle Ridge hoard and I personally know a couple of people who never bought a coin before who did just because of that... It may be all hype, but stuff like this what gets people interested in numismatics, perhaps 1 in 100 will go further with coins, but I am CERTAIN those coins would be absorbed easily into the market...
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Moderator
  United States
23522 Posts |
Look at the prices being fetched by near-unrecognizable Atocha wreck coins. Yes, that's a different cat entirely, but there's a cachet which some collectors recognize to coins with that sort of provenance.
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Pillar of the Community
Canada
5395 Posts |
Trout he is easy to find IAPN member runs adds in World Coin News and is at most major shows. He will sell you a hundred lot of real ch AU to Unc pieces for 22 bucks plus postage each. I doubt a single person on here is too interested in that deal.A couple of years ago when he helped Baldwins sell off the Indian stuff , sure the Gems and Proofs got stupid money . The stuff found in the bottom of the ocean"..........sorry just like the treasures of all the other countries pre decimal Aussie pre 46 English ,pre 65 U.S. Pre 68 Canadian take the profit and run Forrest run! There are far more coins available than money and the UK did right they torched it.
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Moderator
United States
188952 Posts |
Quote:
So killing someone who's small is somehow "better" than killing someone who's big? Good point.  It is similar to the argument against eliminating the cent because it will only save 100 million dollars in a wasteland of trillions.  |
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Pillar of the Community
Australia
2180 Posts |
British Indian rupees don't grow on trees...
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Moderator
United States
23522 Posts |
Quote:
British Indian rupees don't grow on trees...
Actually, they do, and that is where Pacificoin's argument has strength. There are bazillions of them. I just disagree that there is zero additional value in offering them as something with provenance as opposed to lumps of silver. And the fact that history in great quantity is still history, and we are guardians of history, not destroyers of it. |
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Moderator
United States
188952 Posts |
 Even if the two options are even, we should always go with the one that preserves history. |
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Pillar of the Community
Australia
2180 Posts |
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Actually, they do, and that is where Pacificoin's argument has strength. There are bazillions of them. I agree there are bazillions of the things, but I guess the point I was making is that they aren't making any more of them and that melting them down just because are currently bazillions of them is a bit short-sighted. |
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Moderator
United States
188952 Posts |
True. The total mintage is still a finite number and each one melted reducres it. While it may take a while, that number could reach zero in a finite amount of time.
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Replies: 39 / Views: 5,010 |
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Posted 04/18/2015 11:40 am
