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Panama-Pac​ific Octagonal Coin

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Valued Member

United States
319 Posts
 Posted 11/29/2015  10:22 am Show Profile   Bookmark this topic Add PawnS to your friends list Get a Link to this Message Number of Subscribers
Just got an email about these, they're sharp! And selling like hotcakes...

381435892542 131626396401

Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 11/29/2015  11:18 am  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Are those genuine NGC slabs?
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Bizybackson's Avatar
United States
1817 Posts
 Posted 11/29/2015  11:41 am  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
IMO, overpriced despite "low mintage," the queen's obligatory portrait on the obv ruins what might have been a nice PPIE anniversary souvenir. I've yet to figure out what Niue/NZ mint has in connection with the original event except to profit off of collectors?
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Cascade's Avatar
United States
7390 Posts
 Posted 11/29/2015  11:52 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Looks like something dan carr would do. He just did something unique but similar in large 2.5oz gold
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CSOTUS's Avatar
1153 Posts
 Posted 11/30/2015  5:10 pm  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
I am usually a fan of British coinage with the Queen's portrait but this is a huge disappointment for me
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 11/30/2015  5:36 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
Pretty typical of Niue to make a "cool" coin that will be worthless in a few years.
Edited by CoinCollector2012
11/30/2015 5:37 pm
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nalaberong's Avatar
Canada
2805 Posts
 Posted 12/01/2015  12:15 am  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Amazing that the original packaging is designed to accommodate a slab... could it be that not a single one of these coins has escaped authentication? The implications are mind-boggling.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/01/2015  08:08 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Spoilt by the misuse of the Queens effigy.
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swamperbob's Avatar
United States
5362 Posts
 Posted 12/01/2015  8:06 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
It may sell like hotcakes today but in 10 years it will be another of the growing number of bullion items selling for scrap.

There are simply too many of these things for them to ever be of any real value.
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thq's Avatar
United States
3343 Posts
 Posted 12/03/2015  12:59 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Amen to that @swamperbob. And if there's no bullion, the only limit to the bottom is zero. Been there, done that selling modern US proofs from the 1990's. Foreign proofs in the scrap buckets are worth much less.

I've found that the Ertl Texaco airplanes are worth more than the proof sets. The grandkids love to play with them. The wings will bend but they don't snap off like plastic toys.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/03/2015  4:34 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have bought a few NCLT silver impaired proof coins for below the actual silver value over the years.
The are just included in my junk silver collection.

Most of this sort of stuff has the potential for winding up being a candidate.
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