Supply and Demand is known as the market equalizer. It can take any product or service and create a fair market price for any item. In theory this is how the free market should really operate, without interference from manipulators. Supply and demand is more of an economic price determent than anything. It takes a market item (product) and finds the equilibrium price using demand for a product and quantity supplied by producers and creates a bisecting line that allows market makers to find the optimal production rate and price.
After going through this, my husband happened to be browsing a local “>coin shop Mocksville
The second value is the precious metal value of the coin. For instance pre-1965 dimes, quarters, and nickels actually have a high content of silver. The use of silver was discontinued in this coinage because the cost of the metal rose to the point that the metal content of the coin was worth more than the face value. Many of us can remember the same thing happening to the price of copper and the changing of the metal content in a penny to compensate for the rising cost of the precious metal in 1982.
Getting There: Take the #64 Bus from Rome’s Termini Train Station (it’s also a subway station called Termini), which goes right by the sanctuary. Free admission, but donations appreciated.
We try to keep the content high quality. We don’t give free access to all comers, but post only what we rate highly. Adrian Ash is the editor, and his own writing is very well known in the gold market. I think he writes more original and sharp comment on the gold market than just about anyone. There’s a large archive all on line. Lots of this stuff is – as you say – excellent.
As you learn more of the history, stories and details that is American numismatics, you’ll start to build a collection that best fits your interest and your wallet.
In the world of coin collecting, you can spend as little as $1 or as much as $10 million for one coin. The first objective in this hobby is to know the difference.