[FlyingAl] Probably under featured collections

[cdmcollector] interesting, sounds plausible

[cdmcollector] I've been thinking about this a lot in the past couple years because of the company Masterpiece becoming so big. They sell shares of high end art. The same thing can definitely be done with antique cars (Packards, Duesenbergs, Bugattis, etc), real estate, and of course, high end coins/currency. Much less volatile than stocks and could certainly be a nice addition to a financial portfolio.

[RyanG], they tried this with Magic: the Gathering a few years back with fractional investing. The only people who make money are the ones who run it, lol.

[adamdsmith] this scheme has been used in coins and stamps already. The stamp company that had bought Baldwin's Auctions tried it with a rare stamp. It completely failed for them. https://www.antiquestradegazette.com/news/2023/stanley-gibbons-and-baldwin-s-rescued-in-an-administration-deal/ I recall shares of a rare British penny being sold some years back, not sure how well that went.

[adamdsmith] Everything has market hours. We see metal prices mostly based on the spot market which is open 6pm on Sunday to 5pm Friday. Also a 1 hour close each day at 5pm, reopen at 6pm.

[ToddPollock], I had no idea. Thank you.

Iran said it's "concluded" it's attack which is great, unless Israel attacks Iran.

[RyanG], hopefully it all cools down and we get some interesting commemorative coins out of it.

[RyanG] You mean unless Israel “retaliates”. Steve

[EAC5050] Right! For over $10k or something stupid like that. Makes me wonder why am I selling mine for less than 10% of that? I should just get this guy to list my coins for me 😂

[RyanG] 10350? What is that? And only 6 bids. That is just weird. And then he also had this "high grade" example. https://www.ebay.com/itm/186343066017

[ToddPollock] Looks like a high Fine 😂

[ToddPollock] "Morgan" being on the label is a giveaway, they only do that in 1921 because that's the only year they made both Morgan and Peace dollars.

[FriendlyEagle7] oh wow I didn't even notice that lol It's clearly a fake tho. Even the font is off a bit. It's so easy to run a serial number to verify

[RhoneRanger1971] I tried to convince the owner to go back to the area, but at this point in his life, it's a long way from where he lives. But if it were me, I'd be flying back there tonight to go searching again.

[IanRussell] Did you at least convince him to send you back to the area?

[messydesk] Turns out it's on private property, that might have traded hands since he found it.

[Cncorwin] Good question. I'd like to say our advanced marketing. But it's not that. Coins are great value compared to other collectibles (such as sports cards), so we're seeing some new coin collectors moving from other categories. Back in 2000-2003, there was a huge number of new collectors that came into the market from the Statehood Quarter series. I'm seeing some of those collectors turning into more serious buyers now they are older and have more money. Also - stock market is at a high again, so we saw this last peak that people took some money off the table and bought coins. It's a combination of things I guess.

[IanRussell] its encouraging. Thanks for sharing.

[IanRussell] are you familiar with Masterworks.com ? They buy very high end art and their members can buy fractions of them like stocks. I'm surprised they or anyone hasn't done this with coins yet.