Why So Expensive? - Coin Community Forum

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Author	Replies: 5 / Views: 1,230
Angielczyk Valued Member Israel 423 Posts	Posted 08/04/2007 08:12 am This FAO coin was sold on ebay a couple of days ago for $128. There were quite a few bidders. The coin is in Krause at $40 in BU and $15 in unc. There were also 6,000,000 produced. What am I missing Image: KOREA-50-1972.jpg 66.48 KB Report this Post to the Staff

echizento Moderator United States 23731 Posts	Posted 08/04/2007 08:39 am Someone really wanted it. Nothing special about this coin. Report this Post to the Staff
GO Moderator United States 6563 Posts	Posted 08/04/2007 08:47 am very nice i have 2-3 of these and I would have sold it to the guy for $100 Report this Post to the Staff
Sap Moderator Australia 16830 Posts	Posted 08/04/2007 08:51 am quote: There were quite a few bidders. There's your answer right there, I suspect. It only takes two people thinking "I'm gonna put a stupendously high bid on this coin just to make sure I get it" for something like this to happen. If it keeps happening when these coins are offered, then it's time to start wondering whether they might all be onto something. 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 Report this Post to the Staff
Angielczyk Valued Member Israel 423 Posts	Posted 08/04/2007 10:20 am Thanks all Exactly what I thought. Report this Post to the Staff
gxseries Pillar of the Community Australia 3831 Posts	Posted 08/04/2007 10:44 am I disagree. Most of the South Korean coins in South Korea are difficult to find in UNC and suprisingly most of the UNC that you can find on ebay are almost rarely found in South Korea but mostly coming from the US where many tourists or workers went there and took some UNC changes back. Now if you can find a 1998 500 won in UNC, best of luck, that's at least a few hundred dollar coin that you have there. None of them circulated in South Korea. My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
	Replies: 5 / Views: 1,230

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