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  1. #1
    Registered User ericodapro's Avatar
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    You can now buy rare coins in bulk!!!

    Am I the only one shocked to see Walmart joining numismatics?
    https://www.walmart.com/search/?query=coins&cat_id=0
    iCOLLECT- My eBAY- Fame- Fame2- Fame3- Fame4-1992D-1DER-011T-Fame6-Album
    I will buy cleaned early Lincolns in AU+ message me

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  3. #2
    Paid Member Petespockets55's Avatar
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    Walmart is the middle man. Sort of like Sears selling siding. Walmart gets the $ and APMEX gets the work.
    "Sold and shipped by APMEX"

  4. #3
    Registered User ericodapro's Avatar
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    yes I noticed that also. No deals to be found either.
    iCOLLECT- My eBAY- Fame- Fame2- Fame3- Fame4-1992D-1DER-011T-Fame6-Album
    I will buy cleaned early Lincolns in AU+ message me

  5. #4
    Moderator jfines69's Avatar
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    Wally world is making money off of that... Maybe it will get more people interested in numismatics???
    Jim
    (A.K.A. Elmer Fudd) Be verwy verwy quiet... I'm hunting coins!!! Good Hunting!!!

  6. #5
    Registered User GrumpyEd's Avatar
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    Bulk bullion, nothing rare. Same stuff you can buy any day direct from APMEX or any coin show or shop.
    But not that bad, sort of nice to see them list it.

    I remember when the corner drugstores sold coins and stamps in the 60s-70s. Probably was good for the hobby.
    Not long ago some HobbyLobby stores were selling coins.

  7. #6
    Forum Ambassador VAB2013's Avatar
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    That's cool to know but honestly, I hope the whole world does not care about pennies until the government decides to stop making them. By then we will all have a nice hoard of Lincolns and I would think the prices should go up! Isn't it correct if supply is low and demand is high that prices tend to go up?

  8. #7
    Paid Member Petespockets55's Avatar
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    Yep, Usually.
    The old "Supply and Demand" scenario.

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    Forum Ambassador VAB2013's Avatar
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    Quote Originally Posted by Petespockets55 View Post
    Yep, Usually.
    The old "Supply and Demand" scenario.
    Thank you Cliff! I thought so... it works that way with gas prices

  11. #9
    Registered User GrumpyEd's Avatar
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    Quote Originally Posted by VAB2013 View Post
    That's cool to know but honestly, I hope the whole world does not care about pennies until the government decides to stop making them. By then we will all have a nice hoard of Lincolns and I would think the prices should go up! Isn't it correct if supply is low and demand is high that prices tend to go up?
    I would only save pristine red uncs.

    They made like 10 billion of each modern cent, even if 99.9% get melted there will be a lot left. They made way higher mintages than wheats and wheats are copper and common circs go for 2 cents after 50+ years. At that rate most of us will be 100+ years old when common circ moderns are worth 2 cents. You'll be better off cashing in any circ moderns and getting interest on the money, it'll double much faster.

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  13. #10
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    A 40 coin quarter roll 90 % is 14% over spot. So it’s good to get collectors into the hobby, but Wal-Mart is pandering to the silver stacker and not selling to the collector. Basically trying to keep pace with Amazon.

 

 

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