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Crash? J&m Coins Now Using Craiglist To Sell Dino2 For $35

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Valued Member
Canada
128 Posts
 Posted 04/07/2013  3:34 pm  Show Profile   Bookmark this reply Add sbr to your friends list
Just my opinion but I think most collectables are at risk of losing some value as have baseball cards ,stamps ,antiques etc.I just don't know very many kids that collect anything any more except for electronics.You have to look to a collector base of the future to buy these collections and I wonder if they will be there .NCLT dropped once before when the commemorative dollars of the 80's dropped .The 1980 commemorative dollar was once worth over $90. The products which the Mint is producing today are more limited mintage, but I am amazed at how many issues they are making, and they are not the only mint doing this. I don't live near any coin shows but I think the average age there would be around 50, (hope I am wrong).
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United States
12281 Posts
 Posted 04/07/2013  5:03 pm  Show Profile   Bookmark this reply Add commems to your friends list
I was once told something that has always stuck with me - when something is produced specifically to be a collectible, it rarely remains one after its initial hype subsides. Without the hype, the value of such items fades away.

I see many examples of such "collectibles" being produced today by the RCM, Perth Mint and other mints around the world.


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Valued Member
Canada
451 Posts
 Posted 04/07/2013  5:45 pm  Show Profile   Bookmark this reply Add Lithanial to your friends list
I see the Mint having a hard time selling out the next coin in this series. Hobby Flippers are going to be cautious about buying them. If this happens, the series will be dead.
Valued Member
Canada
126 Posts
 Posted 04/07/2013  5:57 pm  Show Profile   Bookmark this reply Add aswitzer to your friends list
Yea Lithanial, I can definitely see the mint having trouble selling out their next Glass Bug Coin... seeing how long it took for the butterfly coin to sell out :P
Pillar of the Community
Canada
3690 Posts
 Posted 04/07/2013  6:14 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list

<<< Re-reads thread...wonders why you're talking about glass bugs.
Pillar of the Community
Canada
4944 Posts
 Posted 04/07/2013  6:19 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list

Quote:
I was once told something that has always stuck with me - when something is produced specifically to be a collectible, it rarely remains one after its initial hype subsides. Without the hype, the value of such items fades away.

Pillar of the Community
Canada
663 Posts
 Posted 04/07/2013  6:27 pm  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list
Valued Member
Canada
322 Posts
 Posted 04/07/2013  6:48 pm  Show Profile   Bookmark this reply Add Koin Hunter to your friends list
The second glow in the dark dino was kinda of a dud anyways...not surprised to see it doing poorly in the aftermarket...maybe the next one will be better...then people will buy the 2nd one that are held by dealers...no body is to exited about this one.
Pillar of the Community
Canada
590 Posts
 Posted 04/07/2013  8:31 pm  Show Profile   Bookmark this reply Add Dooby Rak to your friends list
Personally I'm glad this coin is a dud. One it puts more coins in collectors hands for a low price rather than having the coins hidden in hoards. The more people that get this coin the more people that will want to complete the set. Secondly I hope a lot of flippers got burned on this coin and stay out of the flipping game. I'm not talking about the professional flippers. I'm talking about the amateur flippers that that lurk online forums like this one and RFD and think flipping is easy money. The only flipping these people should be doing is flipping hamburgers at McDonalds.
Pillar of the Community
Canada
1581 Posts
 Posted 04/07/2013  9:53 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list
Isn't a professional flipper a "dealer"?
Pillar of the Community
Canada
1502 Posts
 Posted 04/07/2013  10:11 pm  Show Profile   Bookmark this reply Add poboxw to your friends list
^^
dealer's shouldn't be flippers for new releases since they already profit at issue price. But for 2ndary market, i.e. the re-buyer and re-selling of coins, dealers by definition of practice are simply large scale flippers


I don't see J&M's move on Kijiji as anything more than free advertising for their physical and online store.

Pillar of the Community
Canada
663 Posts
 Posted 04/07/2013  10:30 pm  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list
Anybody want to sell their dino 2 coins in the Vancouver area for issue price?
Pillar of the Community
Canada
4944 Posts
 Posted 04/07/2013  10:40 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list

Quote:
I don't see J&M's move on Kijiji as anything more than free advertising for their physical and online store.

Pillar of the Community
Canada
590 Posts
 Posted 04/08/2013  06:26 am  Show Profile   Bookmark this reply Add Dooby Rak to your friends list
J & M if you guys are lurkers here don't use Craig's List. Kijiji is much better for one reason you can pay to promote your item by listing it at the top of the page or on the front page. When I post a hot item on ebay I will be lucky to get a few hundred hits but on Kijiji I can get thousands of hits. Get a homepage add, its the best $32.99 you will spend.

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Post edited to remove in-appropriate language.
Pillar of the Community
1007 Posts
 Posted 04/08/2013  2:34 pm  Show Profile   Bookmark this reply Add Rockdaddy to your friends list
From what I here, Craig's list is a lot more popular out in BC, I don't know if that's true.
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