| Author |
 Replies: 15 / Views: 1,875 |
|
|
Pillar of the Community
United States
767 Posts |
|
|
|
|
Pillar of the Community
Canada
2781 Posts |
crazy amount to spend without seeing it in person...
|
|
Pillar of the Community
Canada
5417 Posts |
Edited by zxcccxz
09/28/2014 10:14 pm
|
|
Pillar of the Community
 United States
767 Posts |
Well that would be an interesting way to make a living.
|
|
Pillar of the Community
United States
3843 Posts |
Yeah this ebay seller has been re-listing the same tired assortments for years now since they rarely meet reserve. With the picture you're supplied I'd think that a buyer would have to be crazy to buy one of these lots. A few nice coins thrown in here and there but a lot of filler that you can find in any coin shop every day of the week. Question for the forum: Are these 'collections' (random hoards of mostly low value items with no apparent collecting goals) representative of how the average coin collector collects? From my experiences around local collectors in my area I'd have to say yes. |
|
Pillar of the Community
United States
767 Posts |
Well if every coin was silver the melt value would be around $70k. Something to think about. Joe2007, you're saying that most collectors have no collecting goals and buy lots of filler?  Edited by scottk
09/29/2014 12:58 am
|
|
Pillar of the Community
United States
1158 Posts |
Why does a collector need a goal?
|
|
Pillar of the Community
Canada
3049 Posts |
If you had something worth 500K would you be okay to sell it for 100K ?
|
|
Pillar of the Community
United States
7375 Posts |
Looks like somebody got a good deal, but OTOH, why sell something worth a fortune for peanuts.
|
|
Pillar of the Community
United States
3843 Posts |
Quote:
Joe2007, you're saying that most collectors have no collecting goals and buy lots of filler? scottk: Yes, From my experience the average collector doesn't focus their collecting efforts, hoarding a little bit of everything and focusing on quantity over quality. You should see some of the collections this ebay seller offers, this is one of the nicer ones and most a full of mass marketed stuff from the likes of the Bradford Exchange and the World Reserve Monetary Exchange. Quote:
Well if every coin was silver the melt value would be around $70k. Something to think about. I'm thinking a large portion of that 283 pounds is cardboard and plastic, not silver. |
|
Pillar of the Community
United States
3843 Posts |
Quote:
If you had something worth 500K would you be okay to sell it for 100K ? AgCoinAu: It is my opinion that listings like these are staged and photographed in a way that the buyer thinks that there is more value included than there actually is. With that said, there is easily 10K of value there but I doubt that the reserve is anywhere close to that. |
|
Pillar of the Community
United States
767 Posts |
I thought of that - about the plastic and cardboard weight. It is suspicious that so few of the coins are shown up close. I would want a complete list before bidding.
|
|
Moderator
 United States
23522 Posts |
If the Bad Word Filter allowed, I'd be making a snowball analogy here.
|
|
Pillar of the Community
United States
602 Posts |
Would he make more money selling the coins individually or as that huge lot? I'm thinking individually, but I could be wrong.
|
|
Valued Member
United States
401 Posts |
I always love Anthony in NJ's attempts to sell this hoard. Didn't he try to sell this initially as the worlds biggest coin collection for $500,000 a year or so ago
|
|
Valued Member
United States
457 Posts |
Hehe, no 16D mercury, not even this coin collector could afford that thing.
|
| |
Replies: 15 / Views: 1,875 |
|
Posted 09/28/2014 10:12 pm
