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.
Why nickels and cents? Well, first they are easy for little children to find in their own pocket change and are cheap to get in in coin rolls from the bank. When my six-year-old son finds an old Wheatback cent (from 1959 and earlier), he reacts like he just found a pot of gold! It’s like finding a treasure each time he finds an old coin to fill an empty year in his coin folders.
Taking the silver dime and nickel to a local coin shop, one can exchange .15 cents worth of silver and receive in return $1.20 in current currency. That would be enough to buy a hamburger and pay the tax. The formula used by ” target=”_blank”>
As a side note, I also found out that Cash4Gold only insures these packages for $100. I also discovered that while Cash4Gold claims that if you are unsatisfied with the payment amount, they will return the jewelry, there is a catch. They are only responsible for $100 if they can’t return it (lost or otherwise not returned), and the customer has to pay shipping to have it returned – along with the original shipping cost to get it there.
The seller uses scans of the coins being offered and they are sharp, crisp images that inform you in short time whether or not the item for consideration is right for you.