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 Replies: 21 / Views: 4,134 |
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Valued Member
 Canada
99 Posts |
Wasn't it public knowledge that the gold coins were in the vault though? It would be nice though!!
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Pillar of the Community
Canada
5324 Posts |
At the Coin Expo, asked for curiosity only the price, around 300,000.00 quite a large HST.
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Valued Member
Canada
99 Posts |
Oh is that all? I better give them a call haha
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Pillar of the Community
Canada
1700 Posts |
Just like when buying a house. The HST is too expensive.
Edited by Petersun
10/07/2013 7:15 pm
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Pillar of the Community
Canada
1554 Posts |
 the few and far betweenies that can afford 1/2 million dollar coins, cars, homes and other toys, never worry about the tax, 'cause they can afford that too! Glenn  |
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Valued Member
Canada
99 Posts |
Glenzy1 do you think the coin will be around for long? Just wondering if this is a coin that some collector with money will snatch up quickly or do we feel it is likely to sit on the shelves awhile? Wonder what they paid for such a coin  ? |
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Pillar of the Community
Canada
3049 Posts |
I would love the opportunity to flip a coin like this!
Not for the commissions ... seriously just heads or tails!! Bawahahha
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Pillar of the Community
Canada
686 Posts |
jb - It's hard to say. Most collectors with money who want one of these probably have one already. This one is MS66, which I believe makes it tied as finest known. It's possible someone has a 64 or 65 and wants to upgrade. It's also possible that some collector has recently come into some money and will buy it. However, I doubt it will go that quickly - especially if they are asking $300,000. I believe the last one this nice sold for $220,000 (plus BP).
As for what CC&C paid for it - they didn't. The owner probably brought it to them and offered them 5-10% to sell it for him. He may have needed some cash, so maybe they gave him some money for now, and the rest payable when it's sold - but I highly doubt they actually purchased it, it would be way too much of a gamble, and tie up too much cash.
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Pillar of the Community
Canada
5324 Posts |
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Pillar of the Community
Canada
686 Posts |
Correct you are John. I've seen it before (not in person) and I really don't like the look of it.
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Pillar of the Community
Canada
632 Posts |
They are not worried about selling it. The PR is really important for the store. Remember: they had the million dollar coin for awhile.
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Pillar of the Community
Canada
1554 Posts |
 This particular '21 , MS-66 is actually part of Steven Bromberg's personal Collection. He is the owner of Canadian Coin and Currency and is often seen on the Shopping Channel selling N.C.L.T. coins / bills and occasionally sets of business strike coins that were pre-arranged into series. His new store is located in Richmond Hill, Toronto and is quite a site to behold with state of the art security. You have to be buzzed in and out of a locked door, 11 camera's monitor your every move. A special private room is in the store for customers who want to deal in high end coins, customers are not allowed to enter store with sun glasses/baseball hats on, etc. Glenn  |
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Valued Member
Canada
99 Posts |
It is a very nice store I must say. I have had mixed experience in it though, I think it depends on who is serving you, sometimes they haven't taken us very seriously and needless to say I haven't pushed the issue. That aside why is it that Mr. Bromberg is looking to sell this coin? Do we think it is a mere publicity stunt or is cash needed?
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Pillar of the Community
Canada
1554 Posts |
 I think it's part publicity stunt and a bit of boasting! The coin screams out loud, hey everyone look what I have and you never will! P.S.: I'd probably do the same thing if that was mine..........LOL Glenn  |
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Pillar of the Community
Canada
3234 Posts |
The Norweb piece was graded PCGS MS 67,... but Brian graded it as Specimen 67. It sold in 1996 for $90,200.00 but I don't know if any other fees were later added to that #. Nice to see such rare and flawless coins still floating around for us to over.... |
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Posted 10/07/2013 6:19 pm
