Why Are People Hoarding Coins?

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Why Are People Hoarding Coins?

Postby Country » Thu Dec 13, 2012 5:21 pm

Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
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Re: Why Are People Hoarding Coins?

Postby John_doe » Thu Dec 13, 2012 8:42 pm

Ancora Imparo

"You can't control the wind, but you can adjust your sails."

-Albert Einstein
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Re: Why Are People Hoarding Coins?

Postby inflationhawk » Thu Dec 13, 2012 9:02 pm

Thanks for posting. It's a pretty level headed piece objectively written.
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Re: Why Are People Hoarding Coins?

Postby uthminsta » Thu Dec 13, 2012 10:10 pm

Country wrote:...mentions RealCent.

Wonder if anyone is here on the site (visitor, lurker, poster) as a result of that article?
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Re: Why Are People Hoarding Coins?

Postby Numis Pam » Fri Dec 14, 2012 3:29 am

Good artical... well written. I wonder if the author still lurkes here? :shh:
Too Busy Sorting and Hoarding to Post Very Often! :-)
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Re: Why Are People Hoarding Coins?

Postby Sheikh_yer_Bu'Tay » Sun Dec 16, 2012 8:13 am

Good article. I got a good laugh at some of the comments made on that site. Some one poked fun and called us fools for what we do. Hhaha! The joke will soon be on them!
When I die, I want to go like Grandpa did. He died in his sleep..... Not screaming and hollering like all the passengers in his car.
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Re: Why Are People Hoarding Coins?

Postby 68Camaro » Sun Dec 16, 2012 8:42 am

Reading the comments on these types of articles are the "best" (but most saddening) part. They illumine the state of mind of the balance of the population, and while I do see low-level growing awareness, what we see most of is the view of the brainwashed - the normalcy bias (supported by no facts) that there is nothing truly wrong.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Why Are People Hoarding Coins?

Postby CLINT-THE-GREAT » Sat Dec 22, 2012 4:16 am

68Camaro wrote:Reading the comments on these types of articles are the "best" (but most saddening) part. They illumine the state of mind of the balance of the population, and while I do see low-level growing awareness, what we see most of is the view of the brainwashed - the normalcy bias (supported by no facts) that there is nothing truly wrong.


Amen Brother


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Re: Why Are People Hoarding Coins?

Postby thedrifter » Mon Dec 31, 2012 8:26 pm

It seemed like a really balanced article until the last paragraph. The comments seem to be about 50-50 positive. Maybe more toward the negative. Still as 68Camaro wrote it illuminates the normalcy bias among people. I see it in my girlfriends parents but, they voted for Obama TWICE.
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Re: Why Are People Hoarding Coins?

Postby rickygee » Tue Jan 15, 2013 11:24 pm

Hmm. No one mentioned hoarding Chucky Cheese coins.

I WILL HAVE ALL THE CHEAP PIZZA!

Cough, cough, hmpf, hack.

We now return you to your regularly scheduled program.

:clap:
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Re: Why Are People Hoarding Coins?

Postby Treetop » Fri Jan 18, 2013 6:32 pm

If this author was a lurker here, she sure wasnt paying to much attention.

Small-time hoarders get their coins from their local bank tellers, whereas more serious ones buy online in bulk.


Did she miss all the folks who buy machines to sort out their copper? Id call that "serious"... A bit more serious then those who just buy pre sorted copper.

Their investments won't pay off unless the government lifts the restriction on melting currency.


some how despite having mentioned that the copper is sold online NOW, she still says this?? clearly many in the field are making money on this NOW, melt ban lifted or not.
Some simply get a rush from what they see as a subversive act.


If this type of person is here, I missed their posts.

I dont really have much in the way of copper myself. Close to 100 face... But I remember the first time I followed a link from coinflation to the old realcent. Thought it was genius, and still do.
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