Team Airik / Az Coin

[+GeoCoins.net]

 

1.5"

Shiny Gold

Numbered, NOT trackable

Front side (picture insert) will have the band raised with the text engraved instead of the standard raised lettering.

$10.00 + $2.00 S&H

 

Any comments?

Would you pre-order/pay?

How many?

 

You can contact me directly at geocaching@allallens.com or just do the typical and leave a message here and I'll get back to it.

 

Thanks!

Brian Allen aka Haughton

TeamAirik

[SCP-173]

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

[+SharpShin']

I would be interested in (2) - Pay Pal is fine with me

 

Thanks ~ John

[+Marky]

In general, I like "photo insert" style coins much less than others. With that said, I'm interested in at least one.

 

Edit: I just saw the price. I'm going to state that I'm interested in trading for one. $10+$2 seems way over priced.

 

--Marky

Edited December 14, 2005 by Marky

[+Cornerstone4]

$12 seems a bit too high for a coin that isn't trackable. I like the design, but I'm not sure if I would buy one or not.

[+WWC-World's Worst Cacher]

Not for me at that price.

[+GeoCoins.net]

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

 

Haven't done a lot of research on it. However one of the places I've looked at have quite an extra charge for images, $50 setup and $0.40 per coin. I'm still looking though.

[+Cornerstone4]

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

 

Haven't done a lot of research on it. However one of the places I've looked at have quite an extra charge for images, $50 setup and $0.40 per coin. I'm still looking though.

Try Coins & Pins. They should be able to do it for much less than that.

[+GeoCoins.net]

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

 

Haven't done a lot of research on it. However one of the places I've looked at have quite an extra charge for images, $50 setup and $0.40 per coin. I'm still looking though.

What would be a resonable price for most?

 

$10 including S&H?

[+Cornerstone4]

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

 

Haven't done a lot of research on it. However one of the places I've looked at have quite an extra charge for images, $50 setup and $0.40 per coin. I'm still looking though.

What would be a resonable price for most?

 

$10 including S&H?

I would buy one at that price.

[+Marky]

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

 

Haven't done a lot of research on it. However one of the places I've looked at have quite an extra charge for images, $50 setup and $0.40 per coin. I'm still looking though.

At a run of 100 coins, that's only 90 cents a coin. What accounts for the other $9.10?

 

--Marky

[+GeoCoins.net]

That's strictly the cost of the image. Then is the other costs. Die fees, gold instead of brass, color...

 

Thanks for the info though. Sounds like $10.00 total is reasonable though? Including S&H.

 

Thanks all for your input.

[+Marky]

Basically, nobody wants to be ripped off or profitted from (in general). I think $2.00 for shipping and handling is fine per coin. That comes out to more than $1 in "handling" per coin, so there's your 'profit'. If you were to post your invoice and it stated that you were paying $9.50 per coin to minter, then I don't think anyone would think it's unreasonable to charge $10+$2. But I seriously doubt that anyone is going to be posting their invoices. Moun10bike is one of the few that I've seen state what they paid per coin and applaud him for it. I think there are some people that would be embarassed to do so and admit how much they were gouging their fellow geocoin addicted geocachers.

 

--Marky

 

edit: typo

Edited December 14, 2005 by Marky

[+Cog&Gil]

We'd trade one of our Cog&Gil Arizona geocoins for one of your AZ geocoins.

[+nielsenc]

I will trade you for on.

[+Big JohnP]

I would also like to trade for one.

[+Marky]

Note that the OP didn't ask for trades but was trying to gauge interest if the coin were for sale.

 

--Marky

[+Damenace]

I will glad trade with you.

[+Damenace]

gold instead of brass

 

Coins and Pins does not charge extra for Shiny Gold.

[+GeoCoins.net]

gold instead of brass

 

Coins and Pins does not charge extra for Shiny Gold.

Do you have a web site for them? (Coins and pins)

[+Damenace]

gold instead of brass

 

Coins and Pins does not charge extra for Shiny Gold.

Do you have a web site for them? (Coins and pins)

Coins and Pins

[+Marky]

You might also want to check out the Christmas Special that www.oakcoins.com has going on until Jan 15th. Seems like a pretty good deal. They don't charge extra for any of the shiny metal finshes.

 

--Marky

[+AtlantaGal]

Call me blonde, but didn't you just sell a personal coin to the caching community last week? Is this another one or was one an individual and this one is several people? Just a little confused.

[+Cornerstone4]

gold instead of brass

 

Coins and Pins does not charge extra for Shiny Gold.

Do you have a web site for them? (Coins and pins)

Coins & Pins Website

[SCP-173]

That's strictly the cost of the image.  Then is the other costs.  Die fees, gold instead of brass, color...

 

Thanks for the info though.  Sounds like $10.00 total is reasonable though?  Including S&H.

 

Thanks all for your input.

Polished gold is cheaper than antiqued brass. You're not using real gold or something, are you?

 

Edit: I see people have suggested Coins and Pins. I bet you could bring the cost down to $8 or less by using them.

Edited December 14, 2005 by Vargseld? ™

[+Prairiepartners]

Call me blonde, but didn't you just sell a personal coin to the caching community last week? Is this another one or was one an individual and this one is several people? Just a little confused.

Confused also, why the rush to make another personal?

 

tell us why should WE finance YOU another personal coin?

[+Damenace]

Call me blonde, but didn't you just sell a personal coin to the caching community last week?  Is this another one or was one an individual and this one is several people? Just a little confused.

Confused also, why the rush to make another personal?

 

tell us why should WE finance YOU another personal coin?

 

PrariePartners thank you for saying it the way it is ! I think that is why the fast response to make another coin, I believe at $10.00 per coin, shipping included or not, I find that to be very expensive. I realize that there is an image so that cost a set up fee plus a per coin addition to the price. But lets not kid ourselve we all have been heavily involved int he collection or minting of coins and know that it does not cost that much.

 

As mentioned in a previous Moun10bike was commended for sharing the price he paid for his coins. Well I am here to tell you that I do not think that most people are going to share that price. However by the time I hit the period button on the end of this sentence I will be starting a new thread post the price I paid for TNT Geocoin, any one that cares to participate in the sharing of the prices please feel free to do so. I think this will give anyone wanting to mint a coin an idea of the price range that they can expect to pay.

[+GeoCoins.net]

Call me blonde, but didn't you just sell a personal coin to the caching community last week? Is this another one or was one an individual and this one is several people? Just a little confused.

There are three of us in this team. The first coin was made by one member, while I am working on this one. Not sure if the other memeber is interested in making a coin or not.

 

Technically they are both team coins yes. Designed by different members.

 

Everyone enjoys making something they can call "theirs". Thought I would try my hand when the first member got such great feedback.

 

Brian Allen aka Haughton

TeamAirik

[+HerrK & Friends]

Nice looking coin...........

 

But $10 + shipping is too much!

 

Coin with this specs and a quantitiy of let me say 300 coins cost not more then $7

so $10 for coin included shipping is ok.

[+Prairiepartners]

Call me blonde, but didn't you just sell a personal coin to the caching community last week?  Is this another one or was one an individual and this one is several people? Just a little confused.

There are three of us in this team. The first coin was made by one member, while I am working on this one. Not sure if the other memeber is interested in making a coin or not.

 

Technically they are both team coins yes. Designed by different members.

 

Everyone enjoys making something they can call "theirs". Thought I would try my hand when the first member got such great feedback.

 

Brian Allen aka Haughton

TeamAirik

Then why not make them Individual coins instead of a "team coin" ??

[+GeoCoins.net]

Call me blonde, but didn't you just sell a personal coin to the caching community last week?  Is this another one or was one an individual and this one is several people? Just a little confused.

There are three of us in this team. The first coin was made by one member, while I am working on this one. Not sure if the other memeber is interested in making a coin or not.

 

Technically they are both team coins yes. Designed by different members.

 

Everyone enjoys making something they can call "theirs". Thought I would try my hand when the first member got such great feedback.

 

Brian Allen aka Haughton

TeamAirik

Then why not make them Individual coins instead of a "team coin" ??

Actually leaning that way.

 

Lower the price and make it an individual coin.

 

As for cost as several people ask. I'm finding more and more variance as I find new minters.

 

The first place I looked was coinsforanything.com. Go there and check their price list if you REALLY want to know how much it takes to make a coin.

 

On the other side, also realize it takes my time to create the design, take the picture, and place them all into a design for the coin. Now, I also have a LEGAL copy of Photoshop (current retail is $649). I will spend my time packaging the coins and mailing them. I will purchase all the packaging supplies. Shipping for one coin in the US is $0.60. If you want delivery confirmation, it's another $0.50 per coin. Then we again have to consider my time to go to the post office.

 

So how much is does it cost? Depends on what you feel your time is worth. If the coin cost $6.00 each we'll say, shipping is another $1.30, so price is $7.30 per coin shipped. How much do you make an hour? If you put 20 hours into the design, and another 10 shipping, is 30 hours of your time worth $250? That's less than $10 an hour. And fast food joints around my home are hiring at $9.00 an hour.

 

My personal feeling is if you feel the cost is too high, don't buy it, it's not going to hurt my feelings.

 

Remember, the start of this thread was asking for comments and/or suggestions. I have not done a lot of research on getting them minted. At coinsforanything.com, they sell minted coins for $9.99 each, so I figured $10.00 was reasonable. Not to mention that there are more and more coins ending up on eBay. And that really baffles me now. People are griping about paying $10.00 a coin, but these are the same people that are paying $30+ on ebay. I don't get it.

 

Thank you all for your ideas and comments. I will take them all into consideration when and if I do finally decided to mint these coins. Perhaps a personal coin is the way to go as other than price, the fact that "TeamAirik" just minted a coin.

 

Thanks especially those that actually gave feedback instead of just complaining.

 

Brian Allen aka Haughton

geocaching@allallens.com

TeamAirik

[+Nomad and the Librarians]

$12? Surely you jest. I see nothing in your description that would account for such a high cost.

What he said.

[+MO Outdoorfamily]

Here is an example of a photo qoute I recieved from Coins and Pins just this week for my personal coin. It is actually one of two qoute she provided at the time because I wasn't sure if the back would be photo or 3d yet.

 

The following quote is for the photo image on the back of the coin. Photo imaging requires epoxy coating for the image side of the coin.

 

 

SPECS: 1.5" diameter, 5 soft enamel colors, antique silver

 

$491.96 for 251 coins

 

$140.00 for 1 each 2-D die and 1 each 3-D die

 

$112.95 for laser etching 1-6 characters (consecutive numbering)

 

$293.15 for photo image

 

$ 80.32 for epoxy coating

 

$ 80.32 for shipping 2 day FedEx direct from mint

 

-----------

 

$1198.70 total for 251 coins ($4.78 per coin)

 

This was for 251 coins at 1.5" with a photo insert on one side. If you make it Polished gold you can take of $0.20 per coin as polished gold is a free finish with them and my antique silver and second "antique" metal on my LE is $0.20 per coin more.

 

At $10 per coin I would prefer to trade coins over buying coins. And most people add $2 for shipping and handling on a sngle coin.

 

If you used my coin qoute above with the antique finish and round up to $5 per coin and $2 shipping for a coins price of $7 shipped you come out making $$. $0.60 for postage, $0.15 for a padded envelope, that leaves $1.25 per coin for your time and one those who buy multiple coins you will make more because you only have one extra ounce of postage and no envelope cost. If you assumed you sold 250 coins at one per person that' still a profit of $312.50 and many people will buy more than one at that price.

 

But in terms of gaging interest? Would I like one? YES! Will I pay $10-$12 for an untrackable coin that's not loaded with extra features? NO!!

[+MO Outdoorfamily]

Double post, sorry

Edited December 14, 2005 by outdoorlady79

[+Damenace]

Call me blonde, but didn't you just sell a personal coin to the caching community last week?  Is this another one or was one an individual and this one is several people? Just a little confused.

There are three of us in this team. The first coin was made by one member, while I am working on this one. Not sure if the other memeber is interested in making a coin or not.

 

Technically they are both team coins yes. Designed by different members.

 

Everyone enjoys making something they can call "theirs". Thought I would try my hand when the first member got such great feedback.

 

Brian Allen aka Haughton

TeamAirik

Then why not make them Individual coins instead of a "team coin" ??

Actually leaning that way.

 

Lower the price and make it an individual coin.

 

As for cost as several people ask. I'm finding more and more variance as I find new minters.

 

The first place I looked was coinsforanything.com. Go there and check their price list if you REALLY want to know how much it takes to make a coin.

 

On the other side, also realize it takes my time to create the design, take the picture, and place them all into a design for the coin. Now, I also have a LEGAL copy of Photoshop (current retail is $649). I will spend my time packaging the coins and mailing them. I will purchase all the packaging supplies. Shipping for one coin in the US is $0.60. If you want delivery confirmation, it's another $0.50 per coin. Then we again have to consider my time to go to the post office.

 

So how much is does it cost? Depends on what you feel your time is worth. If the coin cost $6.00 each we'll say, shipping is another $1.30, so price is $7.30 per coin shipped. How much do you make an hour? If you put 20 hours into the design, and another 10 shipping, is 30 hours of your time worth $250? That's less than $10 an hour. And fast food joints around my home are hiring at $9.00 an hour.

 

My personal feeling is if you feel the cost is too high, don't buy it, it's not going to hurt my feelings.

 

Remember, the start of this thread was asking for comments and/or suggestions. I have not done a lot of research on getting them minted. At coinsforanything.com, they sell minted coins for $9.99 each, so I figured $10.00 was reasonable. Not to mention that there are more and more coins ending up on eBay. And that really baffles me now. People are griping about paying $10.00 a coin, but these are the same people that are paying $30+ on ebay. I don't get it.

 

Thank you all for your ideas and comments. I will take them all into consideration when and if I do finally decided to mint these coins. Perhaps a personal coin is the way to go as other than price, the fact that "TeamAirik" just minted a coin.

 

Thanks especially those that actually gave feedback instead of just complaining.

 

Brian Allen aka Haughton

geocaching@allallens.com

TeamAirik

 

Wow, if we are to start including our hourly wage into the time we spend doing a hobby, geocoins are doomed !! So correct me if I am wrong, but you have purchased a "legal" copy of Photoshop, and know you are trying to recoup the cost for that ?

 

TeamAirik, I promise that I am not trying to tear apart your efforts, rather I am just reading what you post. Maybe I am reading to far into it . Good luck on your coin.

[+MO Outdoorfamily]

 

On the other side, also realize it takes my time to create the design, take the picture, and place them all into a design for the coin.  Now, I also have a LEGAL copy of Photoshop (current retail is $649).  TeamAirik

 

Wow, if we are to start including our hourly wage into the time we spend doing a hobby, geocoins are doomed !! So correct me if I am wrong, but you have purchased a "legal" copy of Photoshop, and know you are trying to recoup the cost for that ?

 

TeamAirik, I promise that I am not trying to tear apart your efforts, rather I am just reading what you post. Maybe I am reading to far into it . Good luck on your coin.

Ok, so you bought a legal copy of photoshop just for the sake of creating this coin? I have had a legal copy of photoshop for quite some time but would never dream of adding the cost of it to the cost of a coin I was selling.

 

If you spent $650 for software for the sole purpose of making a coin that was kind of silly when all you have to do is ask and any number of poeple on this board will help you with art.

 

I had a general idea what I wanted, I asked for help here and had 3 people volunteer to help me and I took one up on the offer after looking at some other coins he had a hand in, in exhange for his help this person will get a couple free coins instead of trading for them like others... no one that volunteered to help asked for $$ to do some preliminary art work and the final die art will be done by the company you chose to use for a mint (they may charge a small fee for their time in the artwork up front but they will usually credit this amount when you order your coins.

[+GeoCoins.net]

Wow, if we are to start including our hourly wage into the time we spend doing a hobby, geocoins are doomed  !!  So correct me if I am wrong, but you have purchased a "legal" copy of Photoshop, and know you are trying to recoup the cost for that  ?

 

TeamAirik, I promise that I am not trying to tear apart your efforts, rather I am just reading what you post. Maybe I am reading to far into it  . Good luck on your coin.

It's not that I'm trying to recoup the costs here, but if it can help suppliment the cost, sure. I did not purchase Photoshop for creating coins..in fact I used Corel Draw at first when the last place said they use and prefer Photoshop and sent me their template. So I used it. Should I include the cost of Corel Draw?

 

As for hourly wages, are you saying you would make a coin and sell it at absolutely not profit? Your time is worth nothing? Yes, Geocaching is a hobby, creating coins is not. I have to pay to have them made. Asking if I'm trying to recoupe the cost of Photoshop is, in my opinion, asking if I'm trying to recoupe the cost of having the coin minted. Certainly. Though my job paid for Photoshop in my wages.

 

So in your opinion, in all seriousness here, what is a fair profit for selling a coin? 1%? 5%? 10%? I don't know. Honestly, as stated before, the site coinsforanything.com sells theirs for $10.00. I figured they make them, so they are making a hell of a profit. I figured $10.00 was fair. Apparently the community disagrees. So be it. Law of economics. If you're selling something for $10 and no one buys it, you have to lower your price.

 

What is a fair profit margin? Anyone??

 

Brian Allen aka Haughton

TeamAirik

Edited December 14, 2005 by TeamAirik

[+WWC-World's Worst Cacher]

I sometimes think we make to big a deal out of some of this stuff.

 

He was asking the question, wanting to know the level of interest. Some have said yes and others no.

 

In many ways what it costs him to make a coin is not relevant. It is really how much people value what he is selling. . . .

 

There are lots of coins that get sold on eBay everyday that I would like to own, but not at the prices they are being sold at. No value judgment in that, it is just that they are worth more to others than to me.

 

So I have no criticism of trying to sell a coin for that price. If people will purchase it, go for it! People will choose to purchase or not. No one is forcing them to buy and by this time everyone has figured out (I think) that you can't buy everything.

 

I have been keeping a list of new coins announced on the forums since December 7. By my count there have been 12. When the list has a few more weeks I will share it with all. I just can't imagine even attempting to keep up.

[+Damenace]

Instead of listing a dollar value for profit margin lets just say in my opinion and others that have posted HERE an average price for a coin including shipping could be done for $5.50 to $7.50. Mine cost me $5.42 each if I was to include the amount I make per hour divided by the time spent for designing, altering, power for the computer, gas for the car and sleep that I lost the I would have a coin that cost $14.00 to $18.00 that is not a marketable price nor would I trade if that was the price I paid.

 

Again I would stick with your original plans and those who choose to participate will and those who choose to gracefully bow out will do that as well. I must also

re-iterate the fact that there is no hard feelings, and anything that I have said was not meant to offend you or anyone else that reads this thread.

 

When I said good luck with your coin I really meant it. It is a fun hair pulling process with a great amount of anticipation when they tell you the delivery date

[+GeoCoins.net]

Instead of listing a dollar value for profit margin lets just say in my opinion and others that have posted HERE an average price for a coin including shipping could be done for $5.50 to $7.50. Mine cost me $5.42 each if I was to include the amount I make per hour divided by the time spent for designing, altering, power for the computer, gas for the car and sleep that I lost the I would have a coin that cost $14.00 to $18.00 that is not a marketable price nor would I trade if that was the price I paid.

 

Again I would stick with your original plans and those who choose to participate will and those who choose to gracefully bow out will do that as well. I must also

re-iterate the fact that there is no hard feelings, and anything that I have said was not meant to offend you or anyone else that reads this thread.

 

When I said good luck with your coin I really meant it. It is a fun hair pulling process with a great amount of anticipation when they tell you the delivery date

I understand and appreciate your comments. But I am really curious what "the community" feels is acceptable. Or had they not thought about it before?

 

If I am going to purchase something, I expect that the person who made it is going to make more than it cost them to make. That is how the world works. If not, there would be no need for money.

 

But in your eyes (to the collective coin collecting community), what is reasonable? Surely you don't expect the make to just give the coin away at their cost. But maybe I'm wrong.

 

Off to read the post linked to.

 

Thanks for the comments Damenace.

 

I would also like to point out that all the comments in this thread are the opinions of me, NOT TeamAirik as a whole, the other memebers may have differing thoughts.

 

Brian Allen aka Haughton

TeamAirik

[+HerrK & Friends]

For me...personal coins are for personal collectors,

so profit should be capture the last rank!

[Cyclops and Son]

I just got a price for coins and pins for this coin. If you make 100, it will cost $593 and that is a close price and the gold is NO extra. So it will be 5.93 a coin.

[+IceCreamMan]

I'd be happy to trade, but 12 bucks is a little steep for a non-trackable personal coin.

[+nicolo]

Not for me at that price.

Ditto!

[+MO Outdoorfamily]

As for hourly wages, are you saying you would make a coin and sell it at absolutely not profit? Your time is worth nothing? Yes, Geocaching is a hobby, creating coins is not. I have to pay to have them made. Asking if I'm trying to recoupe the cost of Photoshop is, in my opinion, asking if I'm trying to recoupe the cost of having the coin minted. Certainly. Though my job paid for Photoshop in my wages.

 

So in your opinion, in all seriousness here, what is a fair profit for selling a coin? 1%? 5%? 10%?

I never said that my time wasn't worth anything, in the example I gave of adding $2 to the cost of each $5 coin and selling each coin at a fixed price (including shipping) resulted in a profit of $315. In that example I gave $1.25 of the $7 shipped price ended up being profit (asusming each coin was sold as an single coin, no multiple which increas profits)-Sure sounds like more like 18% to me and $2 for shipping semes to be in line with what I'm seeing many people charging. Even if you assumed paypal ate another $0.50 per coin from that it's still 12% profit over all costs and paypal fees.

 

And as far as people spending 1.5 hours at the post office, most of the customs forms can be filled out much quicker at home form a computer.

 

But as Damenace said, good luck to you with your coin. None of my comments were meant to be insulting. Some people will be more than willing to buy your coin at whatever price you deem fair.

[SCP-173]

As for hourly wages, are you saying you would make a coin and sell it at absolutely not profit? Your time is worth nothing? Yes, Geocaching is a hobby, creating coins is not. I have to pay to have them made.

You bet. I'll be selling a coin in the future, and I will sell it for absolutely no profit. I'm having it made because of my love and respect for the area it represents. Simply having the coin in my hands will be profit enough. I don't feel the need to validate my time by filling my wallet with cash from fellow collectors. I want to break even and that's it.

[+Dreamin'Eagle]

When my coin goes on sale after the first of the year through TheCachingPlace.com the coins will sell for I beleive $3.75 plus their $2 handling per ORDER not coin plus shipping. The cost of the coins were raised $0.75 to cover the cost of the LE coins but thats it. I have paid the $70 artwork fees but I don't want any profit. As far as the post office time is concerned it's all part of the HOBBY OF COLLECTING the coins.

[+AtlantaGal]

Simply having the coin in my hands will be profit enough. I don't feel the need to validate my time by filling my wallet with cash from fellow collectors. I want to break even and that's it.

I hear ya

[+elmosmelmo]

OK, I need to chime in here. I am a cacher in Arizona and I will not be purchasing this coin.

 

The reason is that I love caching and collecting coins. I don't do it to make a profit and expect that others in the community feel the same. By all means, You should recoup your costs but I think you are missing the whole point of geocaching by trying to make money on it.

 

I am not trying to offend you just share my feelings. good luck.

[+MO Outdoorfamily]

As for hourly wages, are you saying you would make a coin and sell it at absolutely not profit?  Your time is worth nothing?  Yes, Geocaching is a hobby, creating coins is not.  I have to pay to have them made.

You bet. I'll be selling a coin in the future, and I will sell it for absolutely no profit. I'm having it made because of my love and respect for the area it represents. Simply having the coin in my hands will be profit enough. I don't feel the need to validate my time by filling my wallet with cash from fellow collectors. I want to break even and that's it.

And not everyone even does this (break even). There is a whole thread of coins that were made for trade only and can only be purchased if some unscrupulus trader lists them on ebay. Those people not only didn't break even but ate the cost of the whole coin order.

 

I understand and respect those who can't afford to have their own coin minted due to the cost of the dies and extra associated fees, that's why most personal coin sales happen, because people can't afford to pay $10 each for a small amount (50ish) of personal coins ot be minted but when they make 250 coins or so suddenly those $10 coins are now about $4.50 each and the cost be be factored in to the 200 you sell to others or the maker pays cost for the 50 they wanted to trade and sell the rest at cost.

 

I agree with the consensus of most that a personal coin may have a slight profit but it should not be a substational amount unless for an organization as a fundraiser or charity donation.