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The British Coin Forum - Predecimal.com

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Posted

Most slab coins are expensive and coin collecting has a market of its own.

From the profit it already acquire in its present market,

That a person can use it pay debt to someone else.

Or use it to pay debt in a bank.

Or pay national debt to finacial instution is this possible?

Posted

No of course not. You cannot put an exact value on a slabbed coin until it's actually sold for x amount. Banks want cash money. I'd probably take slabbed coins for a debt!

Posted

I thought that slab coin can go far as that. :)

There is no company will going to assure the value of expensive slab coin to the bank,and it will be different if their is one and accepted by the monetary service.

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