View Cart | View Account | Help
Order by phone: 800-880-2592
Check out our favorite NEW ARRIVALS
Need it fast? Order before 4pm Eastern and your order ships SAME DAY.

All times are UTC - 5 hours




Post new topic Reply to topic  [ 19 posts ]  Go to page 1, 2  Next
Author Message
 Post subject: Dime Sold for Almost $1.6 million
PostPosted: Fri Nov 02, 2007 5:16 am 
Offline
Penguin

Joined: 09 Oct 2007
Posts: 8
i have recently read about an 1894-S Barber dime, sold for almost $1.6 million.
impresive price. why do people pay such money for coins?
how much money would you give for a rare coin?
do you have any other news or interesting information on this subject?
if you are interested in details i can give you the link:
http://dig4coins.com/News/1-latest_news ... llion.html


Top
 Profile  
 
 Post subject:
PostPosted: Sat Nov 03, 2007 4:15 pm 
Offline
born to perform.

Joined: 14 Jan 2007
Posts: 823
That's ridiculous.

Brucelee


Top
 Profile  
 
 Post subject:
PostPosted: Sat Nov 03, 2007 5:45 pm 
User avatar
Offline
Emperor Penguin

Joined: 03 Dec 2006
Posts: 7922
Location: Parkville, MO
I would give about... 10 cents for it, maybe 11, depending on the condition of the coin. :lol:


Top
 Profile  
 
 Post subject:
PostPosted: Sat Nov 03, 2007 7:15 pm 
Offline
born to perform.

Joined: 14 Jan 2007
Posts: 823
adjones wrote:
I would give about... 10 cents for it, maybe 11, depending on the condition of the coin. :lol:


Same here. :lol:

Brucelee


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 04, 2007 5:47 am 
User avatar
Offline
born to perform.

Joined: 30 Mar 2007
Posts: 967
Location: Sydney - Australia
Quote:
The sold dime is in fact very rare
(from the page)

I laughed at that. And thats a crazy price. 8)


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 04, 2007 9:30 am 
Offline
born to perform.

Joined: 14 Jan 2007
Posts: 823
swatch0 wrote:
Quote:
The sold dime is in fact very rare
(from the page)

I laughed at that. And thats a crazy price. 8)


I know really. I should go counterfeit a dime, say it's rare, and sell it for millions of bucks. Actually, that doesn't sound too bad...

Brucelee


Top
 Profile  
 
 Post subject:
PostPosted: Sun Apr 06, 2008 10:11 pm 
User avatar
Offline
born to perform.

Joined: 10 Mar 2008
Posts: 898
brucelee2 wrote:
swatch0 wrote:
Quote:
The sold dime is in fact very rare
(from the page)

I laughed at that. And thats a crazy price. 8)


I know really. I should go counterfeit a dime, say it's rare, and sell it for millions of bucks. Actually, that doesn't sound too bad...

Brucelee


I know it's not about coins, but there is this rare stamp...it's a biplane that was printed upside down by mistake. Only 23 or 24 were printed beforee they noticed, so those became collector's items...

At last count I think one of them is worth over $2 million dollars, as long as it's not actually placed on a letter and mailed. So you can see how mailing a bill early in the morning when you are half asleep, may be a bad idea, the night after you look over your stamp collection.

Anyway, I heard that this guy actually used to own one of those stamps, and ...was getting a divorce... yup you guessed it, the wife was pissed he got to keep the stamps, so she paid the electric bill with a bunch of his collectibles... including the upside down bi-plane. That is why I don't collect rare coins, or stamps... I collect cash. And magic DVD's,...Books...effects... ya, I am addicted.


Top
 Profile  
 
 Post subject:
PostPosted: Mon Apr 07, 2008 12:41 am 
User avatar
Offline
Emperor Penguin

Joined: 18 Aug 2002
Posts: 5856
Location: www.anythingmagic.net
If you guys would have read it further, you would see that only 10 of those dimes made in that year are known of. That means out of the 24 made, 14 of them are floating around out there somewhere waiting to be found!!!


Top
 Profile  
 
 Post subject:
PostPosted: Mon Apr 07, 2008 12:49 am 
User avatar
Offline
Moderator

Joined: 10 Sep 2004
Posts: 8861
Location: Las Vegas
I suppose coin collectors would laugh at someone paying over $100 for a deck of Jerry's Nuggets too.

It's all a matter of perception, and what's valuable to you.


Top
 Profile  
 
 Post subject:
PostPosted: Mon Apr 07, 2008 1:12 pm 
Offline
Penguin

Joined: 27 Dec 2007
Posts: 118
Location: Planet Earth
only 10 in existance.. wow. very rare indeed.. i know my woman would like that coin lol


Top
 Profile  
 
 Post subject:
PostPosted: Mon Apr 07, 2008 3:43 pm 
User avatar
Offline
born to perform.

Joined: 27 Sep 2006
Posts: 3120
Location: Everywhere, but no where
It's funny what stuff people obcess over.

I recall hearing about a certain card from the yu-gi-oh game that was only produced for around 20 members of Konami's staff. One member purchased the other copies and destroyed all but 5. He kept one and sold the other 4 for several thousand dollars each. The card had a valuable ability in the game that provided a nearly unfair advantage to the user - so apparently avid gamers found it worthwhile.


Top
 Profile  
 
 Post subject:
PostPosted: Mon Apr 07, 2008 3:56 pm 
User avatar
Offline
Team Penguin

Joined: 03 Aug 2007
Posts: 4235
Location: Continuously practicing, even as I type.
Bieng a numismatist myself, I can see where people would pay that much. I have spent a lot of money on coins, not nearly that much, but a lot. Aside from magic, that is my hobby. It is all a matter of what you like. If it is really rare, what is the worst that could happen? You sell it for what you paid for it? That is the thing for me, almost like an investment, although more fun than money in the bank. Like DaveV said, "It is all about perception."


Top
 Profile  
 
 Post subject:
PostPosted: Mon Apr 07, 2008 7:22 pm 
User avatar
Offline
Penguin

Joined: 17 Dec 2006
Posts: 432
Burns: You mean there are actually people who will pay good money for garbage?
Lisa: Not good money, really. Each can'll get you a nickel.
Burns: Ooh don't poo-poo a nickel, Lisa. A nickel will buy you a steak and kidney pie, a cup of coffee, a slice of cheesecake and a newsreel. With enough change left over to ride the trolley from Battery Park to the polo grounds.
Lisa: (unimpressed) There's a can.


Top
 Profile  
 
 Post subject:
PostPosted: Sat Apr 26, 2008 1:06 am 
Offline
born to perform.

Joined: 18 Jan 2008
Posts: 1329
Location: Sydney
Seriously who finds these coins and think to themselves this coin could be worth millions. if i ever found a coin like that i would no doubt chuck it in the bin :lol:

Anthony


Top
 Profile  
 
 Post subject:
PostPosted: Sat Apr 26, 2008 2:21 am 
User avatar
Offline
born to perform.

Joined: 10 Mar 2008
Posts: 898
I think the problem I have with collecting coins would be, I would take forever when I went to the store. At the moment I do not know what any coins are worth. So if I want a soda, and have 4 quarters I spend a dollar in quarters and got the soda.

Now say i decide to start collecting coins. I cannot just spend coins without first inspecting them for year, and type, quality, rarity... designs...etc... every time I got change from the store I'd need to check all my change against the book of coins etc for value...then if I found coins of value, I would have to seal it up and protect it, and be careful not to accidentally spend it...

And then if I were lucky enough to find a dime worth a million mucks or whatever... Imagine the heart attack if before you could out it somewhere safe something happened like..a black out,and you get hit on the head , and pass out... Now you have no idea where it is, it's dark...God forbid you're kid takes it and uses it to buy a soda...

I would starve from an inability to spend any coins i had until i had throughly researched them...


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 19 posts ]  Go to page 1, 2  Next

All times are UTC - 5 hours


Who is online

Users browsing this forum: Google [Bot] and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB © 2009 Penguin Magic, Inc.