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 Replies: 21 / Views: 6,439 |
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Pillar of the Community
Canada
636 Posts |
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Valued Member
Canada
464 Posts |
 This set has sold for double the original price, within one week of its release from the mint! Edited by gawd0wns
02/02/2010 6:13 pm
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Valued Member
Canada
150 Posts |
Damn, I knew I should have picked up another set or two when I placed my order  |
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Valued Member
Canada
241 Posts |
hahahaha 400$US for 3 ounce of silver.... unbelievable. the guy who bought this will never get profit on this set.
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Valued Member
Canada
150 Posts |
Well, technically it's 3oz of silver and a few grams of gold LOL.
While the buyer will probably never make his/her money back on this set, the seller made off like a bandit!
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New Member
Canada
1 Posts |
I received mine within 3 days of placing my order # 100/4000  |
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New Member
Canada
4 Posts |
I was lucky enough to order this set before it was sold out. I was hesitant to pay C$200+8% for it since it's essentially bullion coins so it should cost not much more than 3 ounces of silver ~$50. Now I wonder, should I sell it on ebay for $300+ or just keep it and enjoy? The mintage was 4000, is it low enough to make it "rare" and grow in price even more? Any comments are greatly appreciated. |
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Pillar of the Community
Canada
636 Posts |
Im like you, I love the set, but I only bought it to make some money off it.
My concern is, will the demand for this set still be as strong after the olympics are over, or better yet, 25 years from now when I want to liquidate as part of my retirement?
HHmmmm..what to do...what to do....
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Valued Member
Canada
464 Posts |
I think the mintage of 4000 is low enough to keep interest up for at least a few years.
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Pillar of the Community
United States
2408 Posts |
Here's one
4 days remaining, already at $320...
[eBayItem]200436833267[/eBayItem]
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Valued Member
Canada
150 Posts |
And several more ebay listings ranging in price from $279 to $404. [eBayItem]330402100915[/eBayItem] [eBayItem]300395595767[/eBayItem] [eBayItem]130365113935[/eBayItem] [eBayItem]140381096089[/eBayItem] [eBayItem]120526599932[/eBayItem] |
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Pillar of the Community
United States
2408 Posts |
Here's my take on the NCLT/bullion/collectors items. If you look at the numbers, typical math from the RCM over the years: mintage * sale price > $1,000,000. As we've seen, pretty much anything goes in terms of design, shape and form. As long as the math (profitability) works out for the RCM then we'll get something out no matter what we think about it - and from a pure business perspective, who cares if you can make money? Here's what I noticed... Anything above $1M (either too expensive or too many produced) I noticed does not sell out. On the other hand... Take the latest "sell out" for instance, the math works out close or under 800K. Coincidence? |
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New Member
Canada
4 Posts |
Interesting, but perhaps true. There was a 1 kilo gold coin recently listed for C$49,000 and it's sold out quickly because mintage was only 20!
(mintage * sale price) just below 1 mil.
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Pillar of the Community
United States
2408 Posts |
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Pillar of the Community
United States
2408 Posts |
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Replies: 21 / Views: 6,439 |
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First Page
Posted 02/02/2010 6:13 pm
