[Blindtlk] The Louis Braille Coin and itsPlaceintheMint Collectable program

[David Andrews]

Actually, if there are a bunch of people who will never sell the 
coin, then that may in fact make it more valuable to collectors 
because there will be less coins on the market.

Dave

At 10:17 AM 8/6/2009, you wrote:
>hi,
>
>well said, that is my point.
>most of the people who bought the coin will never sell them so it 
>doesn't really matter what an individual or dealer thinks it is worth.
>Bryan
>
>----- Original Message ----- From: "Graves, Diane" <dgraves at icrc.IN.gov>
>To: "Gary Wunder" <gwunder at earthlink.net>; "Blind Talk Mailing List" 
><blindtlk at nfbnet.org>
>Sent: Thursday, August 06, 2009 7:45 AM
>Subject: Re: [Blindtlk] The Louis Braille Coin and itsPlaceintheMint 
>Collectable program
>
>
>>Good Morning to All,
>>
>>I'm kind of coming in in the middle or on the tail end of this one, and
>>I had originally told myself to stay out of it, but those of you who
>>know me know that this  is hard for me to do. (smile)
>>
>>I know little or nothing about coin collections, so I claim no expertise
>>there at all.  Based on what I have been able to surmise, I am inclined
>>to think that the Louis Braille coin will be very valuable to coin
>>collectors one day.  But, having said that, I didn't buy the coin with
>>the intent of one day being able to profit from it.  I bought the coin
>>because of what it stands for, because of what Braille means to me and
>>because of what our Braille Literacy campaign means to the millions of
>>blind children who can't take the gift of literacy for granted.  I
>>bought the coin so that I could further our movement.  I want to one day
>>pass it on to my granddaughter, and hope that it will mean something to
>>her because it was meaningful to me.
>>
>>Now she may choose to turn around and sell it for profit.  I don't know.
>>I sure hope not.  The gift of Louis Braille was invaluable, and $40 or
>>even $400 is a drop in the bucket compared to what we owe him.  It's not
>>about the money for me.
>>
>>
>>
>>
>>Diane Graves
>>Civil Rights Specialist
>>Indiana Civil Rights Commission
>>Alternative Dispute Resolutions Unit
>>317-232-2647
>>
>>"It is service that measures success."
>>George Washington Carver
>>
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>>-----Original Message-----
>>From: blindtlk-bounces at nfbnet.org [mailto:blindtlk-bounces at nfbnet.org]
>>On Behalf Of Gary Wunder
>>Sent: Thursday, August 06, 2009 8:29 AM
>>To: Blind Talk Mailing List
>>Subject: Re: [Blindtlk] The Louis Braille Coin and its PlaceintheMint
>>Collectable program
>>
>>Which coins aren't made for a specialized market?
>>
>>
>>----- Original Message ----- From: "Bryan Schulz" <b.schulz at sbcglobal.net>
>>To: "Blind Talk Mailing List" <blindtlk at nfbnet.org>
>>Sent: Wednesday, August 05, 2009 5:52 PM
>>Subject: Re: [Blindtlk] The Louis Braille Coin and its Place intheMint
>>Collectable program
>>
>>
>>>hi,
>>>
>>>in ten years, do you really think some coin shop or new nfb member is
>>>going to pay you $400 for basically a $40 coin that is only worth $1?
>>>no, he will laugh and not be interested as this coin was made for a
>>niche
>>>market.
>>>you would not likely make much more than you paid and that means zero
>>>because if you like it that much, you will keep it and not want to
>>sell
>>>anyway.
>>>Bryan
>>>
>>>----- Original Message ----- From: "T. Joseph Carter" 
>>><carter.tjoseph at gmail.com>
>>>To: "Blind Talk Mailing List" <blindtlk at nfbnet.org>
>>>Sent: Wednesday, August 05, 2009 5:36 PM
>>>Subject: Re: [Blindtlk] The Louis Braille Coin and its Place in
>>theMint
>>>Collectable program
>>>
>>>
>>>>Value of a collectable is based on the ease of getting one's hands on
>>the
>>>>collectable.  Usually, that's a function of quantity produced.  But
>>how
>>>>many die hard Federationists would sell their coins?
>>>>
>>>>Additionally, keep in mind the retail price of these coins.  Most of
>>that
>>>>is the cost of putting the coin into your hands.  You won't likely
>>see
>>>>them sell next year for less.
>>>>
>>>>Joseph
>>>>
>>>>
>>>>On Sat, Aug 01, 2009 at 01:43:32PM -0500, Bryan Schulz wrote:
>>>>>hi,
>>>>>
>>>>>i have to disagree/think you are wrong.
>>>>>just like collectible diecast race cars,
>>>>>if 400,000 jimmy johnson cars are made, they will sell for about $50
>>and
>>>>>about five years later be on a specialty web site for $8 to $15 but
>>if
>>>>>there were only 40 or 20 thousand made then they have a good chance
>>of
>>>>>being worth something in the future.
>>>>>then nobody has mentioned a collectible of any hobby is worth squat
>>if
>>>>>you can't find a buyer.
>>>>>Bryan