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Replies: 970 / Views: 83,620 |
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Pillar of the Community
Canada
1027 Posts |
A major coin shop just offered me $1550.00 for mine. I declined.
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Pillar of the Community
Canada
640 Posts |
@wildflowerAB
I watched dealers' prices carefully and confirmed Colonial Acres, The Coin Shoppe & SGB sold prices.
As matter of fact, SGB & The Coin Shoppe raised their selling prices more than once and still soldout all.
Edited by justsilver 09/12/2016 4:23 pm
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Pillar of the Community
 Canada
634 Posts |
This coin will appreciate Dealer offers too low
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Pillar of the Community
Canada
640 Posts |
@New1954 Talked to a dealer few days ago on other coins then talked about Delta Gold Coin. He received hundreds of phone call, asking Delta Gold Coin without visiting his website. Many collectors still prefer to buy from dealers instead of ebay or Craiglist, even with higher prices. So dealer offers CAD$1,550 to buy back Delta Gold Coin and resell at CAD$1850 to its customers. Easy money for dealers and excellent customer services for providing rare coins to eager customers.
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Pillar of the Community
Canada
5324 Posts |
Did the largest RCM dealer from Winnipeg offer this coin yet?
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Pillar of the Community
Canada
2845 Posts |
@justsilver. Congratulations on your recent buy at a great price! Your close following of ebay prices certainly paid off. I added to my last post that's already gone by, but dealers have the opportunity to be somewhat flexible in their pricing regardless of the listed price on their website. I've also been successful in buying a main item, but in the deal is a lesser item for free. Therefore my point is just that there can be things happening behind the scenes, aside froman item at listed price that appears to have gotten sold.
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Pillar of the Community
Canada
6768 Posts |
Quote: @Silveroid
Cough, cough........ You've updated the post, Justsilver  I think, it calls "to take a risk" The customers, that have ability to risk CAD 1200 and buy the Gold Delta Coin (for resell purposes), had approximately same amount for 10xPysanka coins. And although the risk, buying 10 Pysanka coins was bigger, the return, as we saw, also was more significant.
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Pillar of the Community
Canada
2845 Posts |
Quote:Did the largest RCM dealer from Winnipeg offer this coin yet? If anyone recalls, the 2016 gold Delta one day appeared around the beginning of this month at 92% sold, then sat in "awaiting stock" status for at least a week before becoming Sold Out again. But while it was "awaiting stock" RCM's webpage included a live link "Available from Dealers": http://www.mint.ca/store/mint/custo....V9cRzOvOerUPerhaps the largest Western dealer had more than enough redirects from RCM and they sold out without ever having to publicly advertise it for sale?
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Pillar of the Community
Canada
640 Posts |
@john100
I saw gatewest's post in one coin forum before Sep 6th.
Asked forum members to call Gatewest on Sep 6th if interested.
Today is Sep 12th, I think coins should be all gone, but I do not know Gatewest's premium on this coin.
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Pillar of the Community
Canada
640 Posts |
@wildflowerAB
Thank you and understood your point.
Dealer can sell A price to VIP customer and lists B price on its web store.
As matter of fact, I bought Delta Gold Coin from SGB at CAD$1,350 on Sep 6th. ( heard SGB has Delta Gold Coin on Sep 3rd )
2days later, SGB listed the coin on its website for CAD$1400. ( then soldout in one day )
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Pillar of the Community
Canada
640 Posts |
@Silveroid Many flippers or collectors were more comfortable betting on $1300's Delta Gold Coin instead of buying 10pcs Pysanka Silver Coins. Pysanka Silver Coin is too............... unknown to many collectors..... Anyway, I also stack Pysanka Silver Coins, too. Hope this will become a serie ( none from RCM. Bought from a dealer at small premium )
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New Member
United States
26 Posts |
One flipper was comfortable in buying over 50 Pysanka coins.
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Pillar of the Community
Canada
2019 Posts |
Quote: One flipper was comfortable in buying over 50 Pysanka coins. Hmmm wonder if it was the same guy who bought all those glass candy cane coins.... No one brags about how many duds they bought lol, most have bought more duds then winners.
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Pillar of the Community
Canada
640 Posts |
Imho, flipping numismatic coins is a very risky business. RCM releases almost 20+ coins per month = 240+ coins per year. Very few were doing well. Maybe 3 coins or less. So we are talking about 1.25% success rate. A flipper chose none except Pysanka Silver Coin and bought 50 pcs ( CAD$115 x 50 pcs = $5,750 + tax ), seems impossible. But if a flipper chose 10 different coins ( 10 / 240 = 4.17% of total RCM coins per year ) and bought 50 pcs each, we are talking about CAD$50,000+, betting on numismatic coins. 1 coin did well and rest 9 coins depreciated a lot. Doesn't sound too good for flipper, isn't it? No business is easy business. lol.
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Pillar of the Community
Canada
2845 Posts |
Quote:The Delta Insignia is a Command Badge in operations. First in a four coin series. For the Trek Fans; http://memory-alpha.wikia.com/wiki/.early_2270s) Re: SilverDon's post with photo on page 49 of this thread. In that the on and ongoing Superman gold coins are a good indication, I think you're right. The other reason is that commemoration of the 2016 Star Trek 50th anniversary is conspicuously absent from the 2016 gold Command Badge.
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Replies: 970 / Views: 83,620 |