2nd Gitd Dinosaurs Available Now On Canada Post - No Limits - Page 2

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Author	Replies: 114 / Views: 10,839	Page: of 8

BiBo Pillar of the Community Canada 1189 Posts	Posted 02/12/2013 11:26 am I will return if it is not doing well. Lose nothing. Edited by BiBo 02/12/2013 11:27 am Report this Post to the Staff
omxfl Pillar of the Community United States 1026 Posts	Posted 02/12/2013 11:29 am The alternative will be to keep it until the third, fourth or fifth (how many will there be?) coin has been released. But I doubt it will appreciate as much as Dino I. It's almost always the case that the first coin of a series will be the most sought-after. Report this Post to the Staff
beautyisgod Valued Member Sweden 99 Posts	Posted 02/12/2013 11:50 am @DoobyRak thanks. Just got 10. Will see how it goes. Report this Post to the Staff
taro-chan Valued Member Canada 373 Posts	Posted 02/12/2013 11:54 am Quote: I will return if it is not doing well. Lose nothing. I agree. But it will get sold out soon enough. Report this Post to the Staff
Mlalonde1977 Valued Member Canada 246 Posts	Posted 02/12/2013 12:58 pm It's completely insane to see how much dino the people buy thinkink about making money... The market will be overblown by seller... Good luck if this one hits 50$... With ebay fees and paypal, it's a waste of time.... Report this Post to the Staff
Dooby Rak Pillar of the Community Canada 590 Posts	Posted 02/12/2013 1:22 pm Still a 20% profit. Might not be worth the effort but still not a loss and 20% is a good return. You buy 10 coins, $350 total, and get a $80 return. You on the other hand invest $4000 in a GIC at 2% and make the same money. Its a safe bet either way but you have the potential to make much more profit on the coins. The GIC is a guaranteed fixed rate. I'll take the coins and I expect the selling price to be closer to $60-$70. Report this Post to the Staff
Mlalonde1977 Valued Member Canada 246 Posts	Posted 02/12/2013 3:32 pm Well, with this amount, you can buy 10 shares of Coca-cola (almost), you get a dividend rate of 2.6% and you can be sure in 5-10 years, you capital will almost double and you will still get a dividend which will increase too.. But trying to get rich buying GIC is also a waste of time... Report this Post to the Staff
Dooby Rak Pillar of the Community Canada 590 Posts	Posted 02/12/2013 3:54 pm I don't foresee Coke breaking $80 this year let alone $130 in 10 years. As for the dividend, I'm not hanging around for a 2.6% return. Look at BCE, better growth rate and higher yield rate. I have money there too. But that's got nothing to do with coins and we are off topic now. Need an investment forum for this kind of talk. Need to look at it this way. My father had 5 $20 for $20 coins. I helped him to sell them on ebay and made a profit of $7 a coin. He put the money into the first Dino coin and Bought 4 coins. He sold those coins for $85 after fees. That's $340. He turned $100 into $340 in less than a year and put the money in SMLs. That's Free money and I would rather have SMLs than $20 for $20 coins. It takes me 1/2 a month to generate $340 in extra income for spending on coins. Flipping coins is an easy way to increase your collection. Report this Post to the Staff
bigspender Valued Member Canada 154 Posts	Posted 02/12/2013 5:13 pm I think thats a very good way to look at it. As someone who is just getting into trying the flipping part of the hobby.. it makes perfect sense to me! Report this Post to the Staff
Solidifier Pillar of the Community Canada 814 Posts	Posted 02/12/2013 6:04 pm How do some of the sellers on ebay have the coin in hand already ready to ship? Report this Post to the Staff
CC-Ottawa Pillar of the Community Canada 3690 Posts	Posted 02/12/2013 6:23 pm Quote: How do some of the sellers on ebay have the coin in hand already ready to ship? Likely, they bought them at one of the boutiques today. Report this Post to the Staff
rickynic Valued Member Canada 314 Posts	Posted 02/12/2013 7:40 pm If I wasn't so broke..LOL I would try and buy 10 more to flip like Dooby's dad, and I too would buy some SML's..i did mange to get 1 from CP, but have been told no more spending..LOL.... Edited by rickynic 02/12/2013 8:04 pm Report this Post to the Staff
TJB17 Valued Member United States 492 Posts	Posted 02/12/2013 7:59 pm Awesome D0oby Rak, just bought 10 more! Thanks for sharing this info! On a side note, the GITD2 isn't nearly as nice looking as GITD1 was. Hopefully this will be a fruitful endeavor for all of us. Edited by TJB17 02/12/2013 8:18 pm Report this Post to the Staff
noahs-numismatics Pillar of the Community Canada 3167 Posts	Posted 02/12/2013 9:41 pm I'm jealous of you guys who have the funds to buy 25+ Report this Post to the Staff
unclekim Valued Member Canada 315 Posts	Posted 02/12/2013 10:15 pm funds? 25 dins = just 1.5 Maples (5 oz) ;-) Report this Post to the Staff
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