LETTERS
Jul 02, 2021
3 minutes
Government Regulation Needed for Online Sales
During the pandemic, without coin shows, many collectors turned to online sources. I encountered unaccustomed aggressive bidding on eBay and other online auctions, making it hard for me to buy much. Prices often seemed to go way too high. This could ruin numismatics.
Government should address this problem, with price controls, to make coins affordable and prevent windfall profits and price gouging by greedy dealers taking advantage.
America has ample experience with such price controls: in WWII; Nixon imposed them in 1971 to combat inflation; and
You’re reading a preview, subscribe to read more.
Start your free 30 days