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Replies: 311 / Views: 29,208 |
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Moderator
 Canada
10458 Posts |
I still can't believe it... paying that much for a holographic sticker. For that kind of cash, one could buy a really nice, serious rarity in Canadian Numismatics...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
Canada
430 Posts |
I agree with you on that SPP-Ottawa. If this buyer ever decided to break up that roll and sell the individual last pennies...it is worthless because it just came from a batch of the last ever pennies. Each penny in that roll just sold over $120+ each.
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Valued Member
Canada
196 Posts |
 Its not the coins that these guys are purchasing...its the sticker
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Valued Member
118 Posts |
Exactly. Like a serial number on a bill. I'm sure the $6800 is no big deal to the purchaser. There are a lot of collectors who have lots of $. Not everyone has to rack it up on their credit card.
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Valued Member
Canada
65 Posts |
wow! Totally WOW! I wished I had that kind of money!
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Pillar of the Community
Canada
1505 Posts |
Just wait until the mint releases the last 50 or so pennies that went into the bowl on the video where Flaherty presses the last few pennies.
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Pillar of the Community
Canada
548 Posts |
This one roll of pennies is worth more than my car!
On the whole I think I'd rather have the car.
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Valued Member
Canada
192 Posts |
If I was the seller I would fly to him and hand him the penny myself and take a picture.. Lol
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Pillar of the Community
1007 Posts |
He's delivering it in person, in Toronto I beleive.
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Pillar of the Community
Canada
590 Posts |
Wow ebay fees for this item are around $250. Lets not forget sales tax, around $750 and income tax around $1400. I hope the seller pays his taxes. Either way, a very good payday for a $10 investment. Just don't drop that roll before you deliver it.
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Valued Member
Canada
478 Posts |
I agree with SPP-Ottawa...IMO I think its crazy but on the other hand, it isn't just a regular roll of pennies...there is some symbolism involved. Its clear that there are people out there that want it and that are willing to pay top dollar for it....will it be worth that in 10 years, who knows and who cares. The fact remains, it does serve as a piece of numismatic history and the end of a era.
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Locked
822 Posts |
OK, who wants to contact the buyer and give him the bad news? These are NOT the last 50 pennies. They are just 50 of the last million pennies just like any other roll...  Better yet, don't tell him. I've got a bunch of "First Strike" Silver Eagles I can sell him, maybe I can get $500/piece since they're the very first ones... *cough* *cough* 
Edited by scubu 03/04/2013 10:21 am
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Pillar of the Community
United States
615 Posts |
That roll of pennies is more expensive than my last 5 car purchases combined.
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Pillar of the Community
Canada
1581 Posts |
If a TPG would go along with this charade, and cracks out the roll, then presumably they would add a comment: Last Roll #n/50 So, now: 1) What are #1-#49 worth 2) What is #50 worth, the symbolic last penny put into circulation? At this point the last roll is threatened by its own success. A fake sticker could be created. But, I don't think any TPG will authenticate the roll.
Edited by dialog_gvf 03/04/2013 12:29 pm
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Pillar of the Community
Canada
590 Posts |
With so much publicity and hype surrounding this roll I think it is time to dump them. It won't take long for fakes to show up. Even if they don't fake the #20,000 roll a cheep label and 50 cents worth of pennies will return $20 to $30. You fake a 1,000 or 2,000 roll, that would be $20,000 to $50,000. And your cost is only a few thousand dollars. Definitely worth doing. If fakes show up on ebay, the rolls will loose value quickly. They would show up selling from Asia or Europe. Might as well open them up and look for a 2013 penny. If you can fake a Rolex or an I-phone, this label is easy to fake. Anybody sell any rolls to China?
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Replies: 311 / Views: 29,208 |