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 Replies: 12 / Views: 2,338 |
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Pillar of the Community
United States
2543 Posts |
I was thinking of bidding on ThisWhat does everyone think ? Worth it ? Will I ever get a return on my investment ? |
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Pillar of the Community
United States
3755 Posts |
I show a value of 17,500.00 on Coin World. Had I that kind of money, I would not go over 25. It is way too much IMO. |
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Bedrock of the Community
13014 Posts |
Theyre are only 8 of them from PCGS, but that bidding seems to be really high already. Imo its one of those coins that can just as easily go for 30k as it could for 50k depending on the bidders at the moment with absolutely no guarantee of making money much less getting your money back if you sold it. Anytime you deal with coins of that value the buying base is so small its hard to predict how it will react. If you look at some auction histories of coins of comparable value youll usually see that some sellers made money and some lost from the previous result with no way to predict which one youd be
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Pillar of the Community
United States
584 Posts |
It does seem high, but if your looking long term investment. IMO 5yrs you would have to see a nice return.
Simply cause 5 yrs from now we'll be paying $10 for a loaf of bread....lol
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Pillar of the Community
 United States
2543 Posts |
Well the way I see it, there are 35,000 total mintage of these coins, and only 20,000 5oz Denali ATB's , so I'll probably go for the Denali ..............  |
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Pillar of the Community
United States
1388 Posts |
Jeez... it's at 61,500 now.
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Valued Member
United States
149 Posts |
It's crazy. They made thousands of those coins.
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Pillar of the Community
United States
621 Posts |
The person selling this one almost certainly will get a large return on their innvestment. its up to over 60k now.
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Pillar of the Community
United States
814 Posts |
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Bedrock of the Community
13014 Posts |
Whoever won that was deadset on getting that coin. He fended off a bidding war from at least 4 different buyers bidding multiple times
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Valued Member
United States
131 Posts |
And that, boys and girls, is a great lesson in 'How To Over Pay For A Coin.'
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Valued Member
United States
202 Posts |
Quote:
And that, boys and girls, is a great lesson in 'How To Over Pay For A Coin.' .  True dat |
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Pillar of the Community
United States
1721 Posts |
And to think, I just paid 25 dollars for a mint cased 1998 proof ASE. What was I thinking? I should have paid at least 20K. Maybe next time. |
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Replies: 12 / Views: 2,338 |
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Posted 03/31/2013 2:30 pm
