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Replies: 136 / Views: 12,185 |
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Valued Member
Canada
348 Posts |
This coin is going to tank so bad. 30,000 coins most of them being bought by people trying to flip them. This coin can be had for less than 30 bucks on ebay by the end of March or SOONER. Hoarders will panic and start undercutting. BEWARE!
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Pillar of the Community
Canada
981 Posts |
Why wait when you can get early sales if people want to reserve one from me they can now at the low price of $89.99 before the price goes up after they sell out.
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Pillar of the Community
Canada
981 Posts |
Yes ebay sale. Well I guess you will be lucky then you will be able to get it cheap better thank the hoarders now that you will be able to get them for such a bargain
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Pillar of the Community
United States
613 Posts |
I'm in. First CP purchase, first Canada commem coin. One for me, one for ebay. Missed out last year 
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Pillar of the Community
Canada
933 Posts |
I only got these for the sake of flipping, and with the increased mintage of 5000 to 30,000...i have a bad feeling. I will probably end up canceling my order of 3 coins unless they sell out a few days after tomorrow. However, I think 30% of buying volume is PURELY for the sake of flipping, which means It will be very hard to sell aftermarket.
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Pillar of the Community
Canada
981 Posts |
You don't think there are at least 30,000 people in the world that would like a set of these? I am not in a hurry to sell them, at $30 a coin I would rather take a chance on them than the mints $100 coins that nobody wants
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Pillar of the Community
Canada
590 Posts |
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Pillar of the Community
Canada
933 Posts |
There may be ...but not 30,000 people are willing to pay more than $40 for a piece of glow in the dark nickel. I hope there are though haha, I would like to make some money and buy other coins
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Pillar of the Community
 Canada
1189 Posts |
Good news everyone.
International collectors also knows and wants this coin.
I am able and just sold 10 of this coin for an oversea coin club.
Who..hoo. :)
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Pillar of the Community
Canada
590 Posts |
Quote: There may be ...but not 30,000 people are willing to pay more than $40 for a piece of glow in the dark nickel. I hope there are though haha, I would like to make some money and buy other coins It's amazing how people are willing to dismiss this coin because there is no precious metal in it. "I'm not paying that much for a nickle coin!" But its funny how these painted nickle coins always have a higher premium than silver or gold coins. For example the early bird coins, last years painted Titanic coin, and now the dino coins. It's funny how people today don't think twice about paying $150 for Air Jordans but can't justify a good pair of hand made Italian shoes. Who knows, 20 years from now collectors tastes can change, the economy can change anything can change and these coins may go out of fashion. But for now the common man wants his glow in the dark dino coins and are willing to pay for it.
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Pillar of the Community
Canada
981 Posts |
Amen Brother well said.  Well done BiBo 
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Valued Member
Sweden
99 Posts |
If you can order 5,000 of these for yourself, would you guys jump over it too?
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Pillar of the Community
 Canada
1189 Posts |
If I won a lottery big jackpot. Why not. Lol
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Valued Member
Sweden
99 Posts |
if you win the jackpot, would you go for 25,000 of them? :D
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Pillar of the Community
Canada
590 Posts |
I don't have $175,000 to invest in these coins. I would never put all my eggs in one basket. That being said the most I would put into any stock is around $25,000 and that's around 700 coins. That's not unrealistic for some of the large web based operations. I personally would not get more than 100 coins if I was able to. There is very little chance of a loss here. You are pretty much guaranteed a profit. Even at a respectable 25% ROI you could make around $800 by selling 100 coins. That's not bad. Realistically I think the profit will be closer to $20 to $30 a coin and that would be a $2,000 to $3,000 profit on 100 coins. I think you could easily sell then in one to two months. That's a great return on investment.
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Replies: 136 / Views: 12,185 |