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« Last edited by yos9694 on August 18, 2021, 01:46:13 PM »

Author Topic: New Coin Deal  (Read 1248975 times)

Offline ushdadude

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Re: New Coin Deal
« Reply #640 on: July 08, 2016, 12:56:41 PM »
platinum is almost $100 more an ounce from when this went on sale? something like that

My point exactly

Offline pfscoins

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Re: New Coin Deal
« Reply #641 on: July 08, 2016, 01:05:00 PM »
My point exactly

Non bullion collector coins, which initially price at a 30-40% premium to spot prices have a hard time increasing from issue price based on spot gains.

Collectors either like the coin and collect them - mostly regardless of the premium to spot prices - or not. Obviously not the same, but somewhat similar to other collectibles (stamps, art, wine etc) which don't even have spot prices.

It'll increase the floor which helps dealers and flippers, but not much more than that. In the end, it'll always come down to demand from end buyers - collectors.

Having said that, come the 13th, the Mint price will change to $1,450 assuming spot doesn't fall by $50-$60 Mon-Wed, so there has been a decent move higher.

Offline ushdadude

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Re: New Coin Deal
« Reply #642 on: July 08, 2016, 01:07:30 PM »
Non bullion collector coins, which initially price at a 30-40% premium to spot prices have a hard time increasing from issue price based on spot gains.

Collectors either like the coin and collect them - mostly regardless of the premium to spot prices - or not. Obviously not the same, but somewhat similar to other collectibles (stamps, art, wine etc) which don't even have spot prices.

It'll increase the floor which helps dealers and flippers, but not much more than that. In the end, it'll always come down to demand from end buyers - collectors.

Having said that, come the 13th, the Mint price will change to $1,450 assuming spot doesn't fall by $50-$60 Mon-Wed, so there has been a decent move higher.

interesting

Offline dovy2

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Re: New Coin Deal
« Reply #643 on: July 08, 2016, 01:26:27 PM »
Non bullion collector coins, which initially price at a 30-40% premium to spot prices have a hard time increasing from issue price based on spot gains.

Collectors either like the coin and collect them - mostly regardless of the premium to spot prices - or not. Obviously not the same, but somewhat similar to other collectibles (stamps, art, wine etc) which don't even have spot prices.

It'll increase the floor which helps dealers and flippers, but not much more than that. In the end, it'll always come down to demand from end buyers - collectors.

Having said that, come the 13th, the Mint price will change to $1,450 assuming spot doesn't fall by $50-$60 Mon-Wed, so there has been a decent move higher.
What's happening on the 13th?

Offline pfscoins

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Re: New Coin Deal
« Reply #644 on: July 08, 2016, 01:59:16 PM »
What's happening on the 13th?

They reprice on Wednesdays.

Offline Z56

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Re: New Coin Deal
« Reply #645 on: July 11, 2016, 02:32:25 PM »

Selling at my total cost. 4 sets available in Brooklyn please PM me if your interested.

Thanks
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Offline SearchGuy

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Re: New Coin Deal
« Reply #646 on: July 11, 2016, 02:35:02 PM »
Platinum passed the $1100 mark!

Offline Z56

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Re: New Coin Deal
« Reply #647 on: July 11, 2016, 02:36:40 PM »
Platinum passed the $1100 mark!

Good or bad ??
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Offline SearchGuy

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Re: New Coin Deal
« Reply #648 on: July 11, 2016, 02:40:56 PM »

Offline Z56

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Re: New Coin Deal
« Reply #649 on: July 11, 2016, 02:58:45 PM »
Amazing

Will these coins go up in value now ?
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Offline SearchGuy

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Re: New Coin Deal
« Reply #650 on: July 11, 2016, 03:05:22 PM »
Will these coins go up in value now ?
As PFS wrote there are 2 values involved, everything possible the thing is you gotta find the person who's gonna buy it

Offline ushdadude

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Re: New Coin Deal
« Reply #651 on: July 11, 2016, 03:14:18 PM »
can i open the box it shipped in? i heard that if you plan to sell on ebay may not be a good idea

eta: i mean the usps box

Offline SearchGuy

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Re: New Coin Deal
« Reply #652 on: July 11, 2016, 03:15:33 PM »
can i open the box it shipped in? i heard that if you plan to sell on ebay may not be a good idea

eta: i mean the usps box
No

Offline ushdadude

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Re: New Coin Deal
« Reply #653 on: July 11, 2016, 03:19:05 PM »

Offline SearchGuy

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Re: New Coin Deal
« Reply #654 on: July 11, 2016, 03:19:34 PM »

Offline ushdadude

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Re: New Coin Deal
« Reply #655 on: July 11, 2016, 03:22:02 PM »
Yup

cool. is the coin itself not sealed once you open the usps box?

Offline Z56

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Re: New Coin Deal
« Reply #656 on: July 11, 2016, 03:58:34 PM »
As PFS wrote there are 2 values involved, everything possible the thing is you gotta find the person who's gonna buy it

that's what I'm looking for... selling at cost please PM me if interested
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Online lubaby

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Re: New Coin Deal
« Reply #657 on: July 11, 2016, 04:24:39 PM »
cool. is the coin itself not sealed once you open the usps box?
Coin is in its own display casing (and possibly cardboard sleeve).

Regardless, don't open anything as that'll lose points for the coins "Grading" and the dealers won't be happy with you for that.

Offline JTZ

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Re: New Coin Deal
« Reply #658 on: July 11, 2016, 09:29:13 PM »
Regardless, don't open anything as that'll lose points for the coins "Grading" and the dealers won't be happy with you for that.
Where did you here this from? You think they grade coins in their package?
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline elikay

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Re: New Coin Deal
« Reply #659 on: July 11, 2016, 09:32:10 PM »
Where did you here this from? You think they grade coins in their package?
no but the grading company doesn't consider mint if it is open