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 Replies: 24 / Views: 4,560 |
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Pillar of the Community
United States
5362 Posts |
A "collector" does not care about market. I collect counterfeits after all an I certainly am doing so as a collector. But earlier, the issue of something being a "good investment" was raised. In that case, MARKET potential is critical. Crossing from collector to investor can be an eye opening experience.
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Moderator
 Australia
16831 Posts |
Another key to maximising market value, as an investor, is timing. The value of Olympic coins, for instance, spikes every four years, with the hype leading up to each games. With this coin, I suspect it's value will spike at the time when the great man eventually passes away, and everyone wants a souvenir to remember him by - especially a "lifetime" souvenir like this one.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
United States
459 Posts |
Bad investment and an even worse representation of Mr. Mandela. Often times we are blinded by our own interests. This often happens when an individual tries a to start a new business...not everyone will share the same passion/interest. Look at the price of these commen. when released as compared to current prices. Compare that to 2006 ASEs. Like Sap stated "market value"...these would be a good investment if you purchased all 100, destroyed 99 of them, and then off'd Mr. Mandela to create some kind of demand....
Edited by Benji
05/29/2007 12:57 am
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Pillar of the Community
 United Kingdom
2217 Posts |
Well that would be smart would it? How about the money it cost to actually buy the item? rofl!
Edited by NumisMattyUk
05/29/2007 10:31 am
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Valued Member
United States
459 Posts |
You are right Numis. You might as well buy the coin if you will enjoy owning it and for $10 you won't lose the house...
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Valued Member
France
285 Posts |
For who collects circulation coin there is especially the grade of the coin. For example in France the 5 Francs 1936 and 1939 with relatively important mintages (186,000 and 157,000) are very very rare in XF and cost for 1936 1,500 euros ($2,000) and 1939 5,000 euros ($6,750) !!! I'm sure that there would be buyers for this price or a little less because they are very required. Another example the Francs bronze alu 1947 with very important mintage (2,662,000)is very hard to find in fine grade. In XF cost 1,200 euros ($1,600) !
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Valued Member
United States
204 Posts |
I'm surprised no one elaborated on the fact that this is made by the Somalia mint, which to me is in league with Liberia, Isle of Man, the Franklin Mint, etc. in that they aim more towards the collectible market than the investor market. That said, since I buy this kind of stuff  , I would be tempted to pick up more Mandela coins from other African countries (if you google you will find everyone has come out with at least one) or start a collection of pan-African collection of famous people. Lots of options and lots of affordable coins if you look at it that way. P.S. I usually collect coins with architecture or ships, so it won't be me bidding against you  |
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Pillar of the Community
United States
4589 Posts |
NumisMattyUk At that price I would buy it , but for you to answer your own question you have to ask your self Di I want it , do I like it. is it worth that much to have in my collection. I have many coins in my collection that some would not like to have in theirs but I collect because I like the coin not for investment. Everyone here is just giving their thought on the matter.
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Pillar of the Community
United Kingdom
2217 Posts |
^ I do like the coin, nice condition which is my preference over rugged, older.. (much like my taste in women);- also a coin from a series and a low mintage, you never know.. and I might get some of the others if I can come across them at "opportunistic" prices. Of course yes it is to do with things like individuals' preferences and opinions as to values, it's always subjective and I'm primarily a collector anyway, I just like to know if I'm getting my money's worth and ask around for others' opinions.
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Replies: 24 / Views: 4,560 |
First Page
Posted 05/28/2007 11:59 pm
