Economist: Why is coin ’scalping’ legal, but not ticket scalping?

Mark Perry:

The 1913 S Buffalo Nickel (”Type 2″ Near Gem BU++/Gem BU) pictured above just sold on Ebay for $965.
Face Value: 5¢ (Five cents, see top photo)
Market Value: $965
Question #1: Isn’t that “coin scalping?, i.e. selling a coin above its face value?”
Question #2: What’s the difference between selling a concert ticket above face value and selling a coin above face value? Why should one be illegal and one be legal?

Related Posts:

Tags: , , ,

Leave a Reply