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 Replies: 16 / Views: 3,058 |
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Pillar of the Community
Australia
762 Posts |
Thats over $1 a coin which, considering it is a bulk purchase and any half decent ones would have been taken out, is a steep price.
It must have been the sellers lucky day
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Pillar of the Community
Australia
4411 Posts |
 I sold 2.2 kg of KGV pennies about 6 months ago for $60 so I got screwed majorly if this is the where the market is now. Somehow I highly doubt it is and looking at the bidding it is the result of a few people wanting this particular lot bad enough...why though...crazy |
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New Member
Australia
24 Posts |
maybe buyers saw some coins in the picture that are worth some $'s
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New Member
Australia
24 Posts |
deceased estate as well - decreasig chance of taking out the good ones
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Valued Member
Australia
119 Posts |
Wow. I'm rich. I'm rich I tell ya. Tell that buyer to call me. I'll give him 10% discount right now.
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Pillar of the Community
Australia
4411 Posts |
If anyone actually this those coins are from a deceased estate they're kidding themselves. That's the oldest trick in the book IMO.
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Pillar of the Community
Australia
877 Posts |
Edited by Jeff
05/23/2012 01:59 am
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Pillar of the Community
Australia
4411 Posts |
What a coincidence. 4 deceased estates all with the same number of pennies each  |
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Pillar of the Community
Australia
541 Posts |
I know 'deceased estate' rings every scam bell in the book but the seller could've just split a large deceased estate over several lots.
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Valued Member
Australia
105 Posts |
The CBC calico bag is the highlight of the auction,I would love to have the bag.
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Pillar of the Community
 Australia
1607 Posts |
For someone to bid that high/hard on these maybe they bought a previous lot & they did have key dates in them,i know thats the only way i'd ever bid more than 25/30 a kilo,but still even then you'd nearly have to be getting 1 or 2 key dates per kilo to make it worth while.
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Pillar of the Community
Australia
4411 Posts |
To break even you would want to find 2 average 1925 and 4 or 5 1946. 1914, 15, 26... 31 etc arent going to attract prices anywhere near good enough unless they are in good condition.
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Pillar of the Community
Australia
869 Posts |
Seriously...what a joke. I can get a calico bag from ANZ, ruffle it up with a bit of mud & sell my coins for an absolute ridiculous amount of money. I sell ( ebay auctions) my coppers for basically 30-35 cents per coin. Basically as enworb said; $30 per kilo is what they were fetching. My rule of thumb is that Penny's are pretty much 10g, Halfpenny's are pretty much 5g. 1kg is 100 Penny's...so be it. Time to list as deceased estate...then again I don't bulls__t & to me, what goes around comes around. |
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Pillar of the Community
Canada
2781 Posts |
is "deceased" estate an australian thing?
here in canada we pretty much assume y'er already dead if you're dealing with an estate.
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Pillar of the Community
Australia
1607 Posts |
But wait,there's more http://www.ebay.com/itm/1911-1964-A...em3f17da7c4d & already going well. " Deceased Estate " has been a well known scam here for years,I'm not saying this seller is a scammer I'm just saying it's been flogged to death over the years. |
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Replies: 16 / Views: 3,058 |
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First Page
Posted 05/22/2012 11:39 pm
