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50k For 50c Ebay Item... Will They Never Learn?

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steve - Oz 50c man's Avatar
Australia
490 Posts
 Posted 12/23/2011  7:59 pm Show Profile   Bookmark this topic Add steve - Oz 50c man to your friends list Get a Link to this Message Number of Subscribers
ebay item number 300637594802, ending on 24-Dec-11 22:35:42 AEDST http://cgi.ebay.com/ws/eBayISAPI.dl...t_500wt_1281

for one, the price is crazy when the sets cost WAY less.

second, it not is the lowest 50c issued by either the RAM or the Perth Mint. For example the RAM gold year sets of '06 and '07 only had a mintage of 300 and the 1/2oz lunar series 1 silver year of the dog proof from the Perth Mint only had a mintage of 166.

have emailed same to vendor.

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Bizybackson's Avatar
United States
1817 Posts
 Posted 12/23/2011  8:15 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Well, people always think they've found the modern equivalent to the 1804 US silver dollar or 1911 Canadian George V silver dollar. It entitles them to dream, I suppose. I don't have any Aussie coins, but $50,000.00 is a lot of money and could buy a couple of really nice classic slabbed coins.
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trout1105's Avatar
Australia
7096 Posts
 Posted 12/23/2011  8:51 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Let them dream on Steve, all that will happen is the seller wil get the listing bill from ebay without making a sale and we get to have a good laugh at them at the same time.
If anyone does actually buy this we will have to find the buyer quick smart and put him back in the asylum
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elkslayer132's Avatar
Canada
981 Posts
 Posted 12/24/2011  12:43 am  Show Profile   Bookmark this reply Add elkslayer132 to your friends list Get a Link to this Reply
Another person trying to get an impossible amount for a coin
Valued Member
steve - Oz 50c man's Avatar
Australia
490 Posts
 Posted 12/24/2011  02:05 am  Show Profile   Bookmark this reply Add steve - Oz 50c man to your friends list Get a Link to this Reply
the first reply
/quote
The lunar series and other such series are specially minted coins, eg like all silver or gold, what makes this one special is that is in normal currency 1c, 2c & 50c round as pre original issue, another words normal currency. The only other low issue was the 1937 penny which was not issued to the public, there not another coin like these in low mintage. Only 400. Merry Christmas
/endquote

then before I had time to reply, this:
/quote
I have been collecting coins for 40 years and in that time never sold one coin ever, I have a 1930 penny and three of these sets, I don't expect to sell, I am hoping to generate an awareness of the coin though.

Merry Christmas and thanks for your comments.
/endquote

then before I could reply, this a few minutes later:

/quote
In my opinion gold coins and silver coins do not count as they are not coins of normal currency, that is what makes these ones so different.
/endquote

to which I finally replied:
/quote
your coin is in fact pure (99.9%) silver. your coin, just like the gold sets and the Perth Mint issues, was issued under a currency determination by Federal Parliament in the category of NCLT (Non-Circulating Legal Tender).

I still fail to see any difference and I have been collecting coins since the '70s as well. I happen to be a specialist on the Australian 50c coin.

still wishing you the best for the holidays!
;-)
/endquote
Valued Member
steve - Oz 50c man's Avatar
Australia
490 Posts
 Posted 12/24/2011  02:06 am  Show Profile   Bookmark this reply Add steve - Oz 50c man to your friends list Get a Link to this Reply
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Jeff's Avatar
Australia
877 Posts
 Posted 12/24/2011  02:21 am  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
I wonder how much he would put as starting price if he had a 1923 ½penny, 1930 penny, 192/21 overdate 3d etc.? [Not that ebay would be a good way to sell these.]
The mind boggles.

Jeff
Valued Member
Australia
318 Posts
 Posted 12/24/2011  02:44 am  Show Profile   Bookmark this reply Add CoinManTim to your friends list Get a Link to this Reply
I had emails with this seller last week. When I pointed out these coins, in sets, still only fetch issue price ($800-850) he replied with: "I'll buy any set at $800". And to be honest, why wouldn't he? -

He also had the 1c and 2c from the set listed for $50,000.

In 100 years time, who knows, he might get a lucky billionaire who only took up an interest in coin collecting seven minutes before seeing his ebay post!
Valued Member
Australia
105 Posts
 Posted 12/24/2011  04:17 am  Show Profile   Bookmark this reply Add Graeme to your friends list Get a Link to this Reply
I saw this item on ebay tonight and both my wife and I had a good laugh at it. "Tell him he's dreaming".
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 12/24/2011  11:17 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Let them dream on Steve, all that will happen is the seller wil get the listing bill from ebay without making a sale and we get to have a good laugh at them at the same time.


ebay has been running tons of free listing days/weeks, pay only fvf. Plus I think you get 50 free listings per months.

Even in the old days, the maximum listing fee was $4.80, even for $1 million items.
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erkle's Avatar
1119 Posts
 Posted 12/24/2011  6:27 pm  Show Profile   Bookmark this reply Add erkle to your friends list Get a Link to this Reply
5 times I have started to set up to sell on ebay, 5 times I have given up within minutes thinking what is all the crap
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Jeff's Avatar
Australia
877 Posts
 Posted 12/24/2011  6:36 pm  Show Profile   Bookmark this reply Add Jeff to your friends list Get a Link to this Reply
You can have up to 30 free listings a month but Final Value Fee (sales commission) is much higher.
ebay didn't come down in the last shower.

Jeff
New Member
jeremy_ryanne's Avatar
United States
31 Posts
 Posted 12/24/2011  6:38 pm  Show Profile   Bookmark this reply Add jeremy_ryanne to your friends list Get a Link to this Reply
It makes a noob like myself wonder if anyone ever buys these outrageous "1 of a a kind" "treasures?" Maybe I should put an obscure coin up for $50k and hope for the best LOL. Anyone else see that Morgan "Christ on the Cross" "error" for $16k or $26k (i cant remember)? I don't understand the outrageous asking prices on some of these coins...
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enworb's Avatar
Australia
4411 Posts
 Posted 12/24/2011  7:06 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Pretty reasonable price for the "rareist" 50c. If you're going to list an item at that much you would think one would check the spelling. It happens time and time again. Generate an awareness of the coin through ebay?
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 12/24/2011  7:09 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
I spotted 4 x Aussie 2001 10c - all with die cracks - Asking $100 BIN or Best Offer - I offered what I thought they were worth - $6 and was declined. Sheesh!

I really wanted those little beggars -
life is a mystery to be lived not a problem to be solved
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 12/24/2011  7:19 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Jeff-

True, but if there's only a fraction of 1% that anyone will bid, it's worth taking the chance of a higher fvf, rather than the sure payment of $4.80 for each listing.
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