Coin Community Family of Web Sites
Coin, Banknote and Medal Collectors's Online Mall FactoryPin — Custom challenge coins for military, police, and organizations. Global shipping, affordable prices, special discounts for service members!  300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics
Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Register Now! It's free!

Registering and/or logging in will remove the anchor (bottom) ads and vignette (between pages) ads.

Are You Ever Tempted To Spend A Rare Coin At Face Value?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 23 / Views: 1,581Next Topic
Page: of 2
Moderator
Learn More...
jbuck's Avatar
United States
164145 Posts
 Posted 12/11/2024  09:55 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Try it first with Ike dollars...I spent 3 of them at a Diaso store near me, the clerk said with a puzzled look on her face..."what the heck are these" I said "dollar coins" she responded "US ?" She studied those coins for about a half a minute before dropping them in the til.
Moderator
Learn More...
jbuck's Avatar
United States
164145 Posts
 Posted 12/11/2024  09:57 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I know it sounds kind of crazy to spend a $5 gold piece on coffee. Although, I'm sure if any of us were rich enough to do so flippantly we would perform such an action in one form or another.
Billionaires can do it. Billionaires should do it. They can only own so much stuff before it becomes obscene. Too late. I will shut my mouth now.
Pillar of the Community
United States
2240 Posts
 Posted 12/11/2024  11:40 am  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
About this time every year, the local news mentions that someone donated a rare gold coin to one of the Salvation Army's Bell Ringers' bucket. I think its admirable of people that can give-back to the less-fortunate. If I were financially able to, I would absolutely do something similar to one your scenarios.
Valued Member
Freespeech57's Avatar
United States
359 Posts
 Posted 12/11/2024  5:51 pm  Show Profile   Bookmark this reply Add Freespeech57 to your friends list Get a Link to this Reply
Maybe not a $5 gold coin, but silver dimes or quarters, Indian Head cents, Ike's, Buffalo nickels, etc. Great way to spur interest in coins, even if it won't make the recipient rich.
Valued Member
CoinAdvocate's Avatar
United States
132 Posts
 Posted 12/11/2024  8:36 pm  Show Profile   Bookmark this reply Add CoinAdvocate to your friends list Get a Link to this Reply

Quote:
About this time every year, the local news mentions that someone donated a rare gold coin to one of the Salvation Army's Bell Ringers' bucket. I think its admirable of people that can give-back to the less-fortunate. If I were financially able to, I would absolutely do something similar to one your scenarios.


That's the kind of thing that gives me hope for humanity
It is not enough to merely enjoy coins; one must Advocate for them!
Pillar of the Community
Learn More...
tdziemia's Avatar
United States
7160 Posts
 Posted 12/12/2024  06:00 am  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

Quote:
About this time every year, the local news mentions that someone donated a rare gold coin to one of the Salvation Army's Bell Ringers' bucket. I think its admirable of people that can give-back to the less-fortunate. If I were financially able to, I would absolutely do something similar to one your scenarios.


It's also possible to set up a recurring donation to a favorite charity for those who are able.

On the original question, it sounds like a kind of expensive psych experiment, and I don't like the experimental design so far. We'd need to get more than a single data point to draw any kind of conclusion, for one thing.
While we are at it, we could also ask whether it is ethical for the cashier to swap out the coin without consent of the business owner.
Bedrock of the Community
NumisRob's Avatar
United Kingdom
16732 Posts
 Posted 12/12/2024  07:19 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
If I were rich enough it would be great fun to go to somewhere like Tuvalu and try to buy a beer in a bar with one of that country's huge gold or silver NCLT coins!
Moderator
Learn More...
jbuck's Avatar
United States
164145 Posts
 Posted 12/12/2024  09:50 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Maybe not a $5 gold coin, but silver dimes or quarters, Indian Head cents, Ike's, Buffalo nickels, etc. Great way to spur interest in coins, even if it won't make the recipient rich.


Quote:
If I were rich enough it would be great fun to go to somewhere like Tuvalu and try to buy a beer in a bar with one of that country's huge gold or silver NCLT coins!
  Previous TopicReplies: 23 / Views: 1,581Next Topic
Page: of 2

To participate in the forum you must log in or register.



    





Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2025 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2025 Coin Community Forums
It took 0.41 seconds to rattle this change. Forums