Cryptocurrency Q&A
How much can you sell a $1 coin for?
How much can you sell a $1 coin for?
EmmaWatson
Tue Sep 03 2024
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5
answers
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I'm curious, what kind of value could one expect to receive if they were to sell a coin that's initially worth just $1? Could the potential resale price significantly exceed its original face value, or is it more likely to remain relatively unchanged? And if there is potential for appreciation, what factors might contribute to such an increase? I'm eager to understand the dynamics at play in the market that could impact the value of such a seemingly simple item.
5 answers
benjamin_rose_author
Thu Sep 05 2024
Their rarity is often exaggerated, leading to misconceptions about their true worth.
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Valentina
Thu Sep 05 2024
In reality, these coins are only worth their face value of one dollar, just like any other dollar coin in circulation.
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Stefano
Thu Sep 05 2024
The value of U.S. one dollar coins is often misunderstood. While they may seem scarce or elusive, the reality is quite different.
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EnchantedSky
Thu Sep 05 2024
In certain years, the U.S. Mint directly sold these coins to collectors and dealers, bypassing the traditional distribution channels.
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IncheonBeautyBloom
Thu Sep 05 2024
Despite this seemingly exclusive distribution method, the majority of these coins are actually quite common.
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