Bidding Frenzy! Or Did I Make A Good Purchase.

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Author	Replies: 9 / Views: 1,649
joshtammi Valued Member Australia 258 Posts	Posted 01/29/2012 07:34 am I bought 5 of these bags off a felow member for 75 roughly, this one just sole for $45 and 6 postage? what the heck. http://www.ebay.com/itm/16071967943...refresh=true Report this Post to the Staff

trout1105 Pillar of the Community Australia 7096 Posts	Posted 01/29/2012 07:41 am What on earth are you going to do with 200 2011 50 cent pieces? Report this Post to the Staff
joshtammi Valued Member Australia 258 Posts	Posted 01/29/2012 07:52 am low mintage:P and besides its small compared to my other 4-5000 50c pieces:) Report this Post to the Staff
trout1105 Pillar of the Community Australia 7096 Posts	Posted 01/29/2012 07:54 am Quote: low mintage:P and besides its small compared to my other 4-5000 50c pieces:) Like the way you think mate Report this Post to the Staff
joshtammi Valued Member Australia 258 Posts	Posted 01/29/2012 07:59 am well, apparently it's low mintage, I think everyone is going crazy cause the RAM posted the mintage at 4 mil, but that was only for the first 6 months, for all we know they could make 40 million in the next few months and it will be worth next to nothing, but $45 for a bag? that's the most I've ever seen for a bag of the same year (well newly produced anyways). Report this Post to the Staff
enworb Pillar of the Community Australia 4411 Posts	Posted 01/29/2012 08:49 am This is a crazy price for these bags. I sold two $2 bags of 2010 5c tonight on ebay and got approx $12 with $3 postage. Its not as much as the 50c bags but still crazy. I dont think we will see too many low mintage years for a while. Seems like there is a constant demand. Report this Post to the Staff
Nevol Formerly nancyc Australia 5385 Posts	Posted 01/29/2012 6:10 pm The final mintage figures for all 2011 coins will not be known until about Nov 2012, so for anyone to claim a low mintage is incorrect. It's even possible that the next annual report from the RAM will even have more figures for 2010 coins. I've seen mintage stats for 1 year's coins spread over 3 Annual reports. life is a mystery to be lived not a problem to be solved Report this Post to the Staff
erkle Pillar of the Community 1119 Posts	Posted 01/29/2012 6:16 pm maybe if all the coin collectors stopped collecting coins, they might mint less cause there will be more in circulation. Report this Post to the Staff
appleangel07 Pillar of the Community Australia 1607 Posts	Posted 01/29/2012 7:50 pm Reminds me a lot of the 2007 50cent con,the first half of that year also said 4 million,as we now know it ended up close to 19 million. Report this Post to the Staff
coinvet Previously Banned Member 107 Posts	Posted 01/31/2012 11:50 am Buying based on pre-mature mintage numbers is quite a gamble. Sometimes it could pay off, but usually it is a struggle to recover the initial investment. I gamble on silver values and sometimes I win big but often lose. Report this Post to the Staff
	Replies: 9 / Views: 1,649

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