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 Replies: 71 / Views: 38,966 |
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New Member
Canada
4 Posts |
Haha yeah I sort of keep it in a jewelry box I found laying around. Does anybody have a ballpark value so that I know just how lucky I was to find this in less than 1000 pennies?
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Pillar of the Community
Canada
1005 Posts |
Minimum $50.00 or more in an auction with interested bidders.
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New Member
Canada
4 Posts |
Sweet thanks, I saw one on ebay that was over $100 and had stains and scratches, so I think if I ever was crazy enough to sell it, I would have no problem getting at least that much for it |
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Pillar of the Community
Canada
1005 Posts |
They can go quite high if enough of the right people are bidding.
True for all auctions.
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New Member
Canada
32 Posts |
i understand this is an old topic! but just today from a store here in canada in my change I got 2 pennies back!! I was very very happy right after to find a 1994 penny with 2.5 grams of copper! not only that but a 2006 magnetic penny!! very happy : )
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Valued Member
Canada
348 Posts |
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Pillar of the Community
Canada
1581 Posts |
One of CCN's front page stories in the latest issue is a hoard of, more than 500, 2006 1c no P/no logo magnetic being discovered by a Hamilton dealer.
The rotating extra Trends in the same issue coincidentally is the modern decimal, and that lists the current prices:
MS-64: $150
MS-65: $300
MS-66: $500
Where do you think prices will settle?
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Moderator
 Canada
10460 Posts |
I spoke with that dealer at Coin Expo. He was buying up all other 2006 1c magnetic no P/no logo coin, even all my AU ones at full trend...
"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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Pillar of the Community
Canada
1581 Posts |
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Pillar of the Community
Canada
1984 Posts |
He is doing it in order to make the market as tight as possible so he can sell his for as much as possible. He has 500 to sell and is looking for $600+ for MS65 and $2000+ for MS67.
When you have one seller with so many to move, only an idiot would buy now at those prices now. He has $300,000+ of coins to move where his cost is $5. He can be patient. But sooner or later, the writing is on the wall here. The prices of these coins will plummet.
To borrow from SPP, this is now a "money coin". Anyone who wants to write the cheque can have one.
Edited by Smallcentguy
06/13/2013 10:19 am
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Valued Member
Canada
348 Posts |
He had those rolls available in his store for $2.95 until recently he heard about the variety and decided to check a roll. Rolls were on display for over 4 years @ $2.95 a roll. :)
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Pillar of the Community
Canada
1330 Posts |
in my local flea market I saw 2 guys buying this coin for 200 each and I couldn't see its condition..s
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Pillar of the Community
Canada
1581 Posts |
Maybe everyone should sell to the dealer at trends.
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Valued Member
Canada
64 Posts |
i have two boxes whtats the chance of finding one in 5000 pennies
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Valued Member
Canada
250 Posts |
If you find one in boxes of pennies, consider yourself lucky. I've searched through and found some, so don't give up. I have been trying to sell one on ebay for just under $100 for the longest time, with no luck. |
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Replies: 71 / Views: 38,966 |
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Posted 01/29/2013 7:42 pm
