This Past weekend, I ran into an older well dress man whom I boldly asked him for change in exchange for a twenty-dollar bill. He digs down in his long tailored black trench coat pocket in search for his wallet I assumed. Next he checked his inside trench coat pocket and pulled out a huge roll of currency and said “I’m sorry, what do you need change for sir”?
I then pull out what I needed change for showing him a well-pressed twenty dollar bill. Next we began having this deep conversation on advancing money into financial savings and small business start ups, then abruptly he asked me have I ever thought about purchasing mint uncirculated coins. I then reply, No, “That never crossed my mind”. He then hit me with the web site that he got out this magazine he previously read two months ago.
After our conversation, He pulls out some un-useful scrap paper and a Mont Blanc pen from his coat pocket and happily wrote the website down for me. Then said, “If you want a purchase to value, first you have to value the purchase”.
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What makes first issue coins in never-circulated condition so valuable?
Coin values always fluctuate. For example, one uncirculated Eisenhower Dollar from as recently as 1973 is now worth 1200% more today.
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