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 Replies: 113 / Views: 18,783 |
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Valued Member
Canada
373 Posts |
Won't this go back to issue price once the hoarders all get their shipment?
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Pillar of the Community
Canada
5324 Posts |
if the ladybug tulip coin with 5000 mintage is selling easily for 900 to 1000, how would this coin with lower mintage and a more important subject revert to issue price. its also 5 times the size of the lady bug.
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Pillar of the Community
United States
1026 Posts |
I called CanadaPost this morning (just after 9am ET). They still had a few 5oz Farewell coins left - at the RCM issue price of CAD495.95. Historically, RCM 5oz silver coins haven't done well due to huge mark-up (for comparison, the US Mint 5oz ATB numismatic issues cost $204.95 - less than half right now! - but it's also a 25k mintage for the 2012 issues vs. 1.5k for the Farewell one). But I agree with john100 that the theme will likely help the coin appreciate in future. It's not going to go for $1k (at least imho), but who knows... |
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Pillar of the Community
Canada
5324 Posts |
if you are going to spend 1000.00 on a coin which would you choose, a glass bug or a large silver penny? coins are different from bullion value, if you just look at the silver value of 5 oz. you should just buy bullion for 36.00 per
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Valued Member
Canada
65 Posts |
Luckily I grab two of these 5 oz Penny at issue price. Now, seeing that Gatewest Coins has increased their price makes me wished I grab another one. Just give it time, I think we will see $700 bid on ebay for these very soon. |
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Pillar of the Community
Canada
789 Posts |
Just curious... how much does one need to sell the 5oz penny on ebay to break even? |
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Pillar of the Community
555 Posts |
You paid the mint over $500 with shipping. So you need at least $567.
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Valued Member
Canada
200 Posts |
@shopaholic Very good question. IMO it should be sold at around 600 at ebay (excluding shipping charge) to break it even? I will not even touch this coin if I was a hoarder...LOL |
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New Member
Canada
12 Posts |
I sold one yesterday for $640 + $25 shipping
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Valued Member
Canada
200 Posts |
@brades wow, that's very impressive...
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Pillar of the Community
Canada
5324 Posts |
ebay and paypal fees are around 13 percent plus a listing fee.
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Pillar of the Community
Canada
789 Posts |
The coin is now available at canadapost.ca  I decided NOT to get this one... |
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Pillar of the Community
1007 Posts |
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Pillar of the Community
Canada
685 Posts |
@shopaholic
Why not? brades just sold his for $640 + $25 shipping
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Pillar of the Community
Canada
789 Posts |
@Panda: I don't sell my collections, so the resale price isn't a big consideration for me. And I have already spent more than I should this month... :(
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Replies: 113 / Views: 18,783 |
First Page
Posted 10/03/2012 11:10 am
