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If I Had $130k For A Coin...

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Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 11/07/2016  4:34 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply

Quote:
Can I call you Darth?


Of course you can, my young Padawan...
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 11/07/2016  5:05 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
At that price level, it looks like that the business is being advertised, rather than trying to sell the coin via ebay.
If they are serious to sell, it would have normally been offered at public auction such as Heritage, or negotiated via private treaty and not appear on the market.

Although I do not have doubts about the company offering the coin via ebay, Heritage should have sufficient expertise to verify the holder AND the coin. That is what is known ad 'due diligence', which is necessary at this price level.

Who would ship a $130k coin to an anonymous buyer via post or parcel service?
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twslisa's Avatar
United States
790 Posts
 Posted 11/07/2016  9:10 pm  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply

Quote:
But if I piled up $130k cash and this coin. Then if I had to choose ... I would pick the $130k


Not me! NGC says it's worth more than that, so I'd take the coin and auction it.
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twslisa's Avatar
United States
790 Posts
 Posted 11/07/2016  9:13 pm  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
LOL. I'm probably more of an Ewok. But hey, if you have cookies...
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jbuck's Avatar
United States
188952 Posts
 Posted 11/08/2016  10:52 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I could buy a lot of cookies with $130k.


Quote:
Not me! NGC says it's worth more than that, so I'd take the coin and auction it.
That would be the smart thing to do, but I have a difficult time selling coins. I have never done it.

Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 11/16/2016  04:46 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
I guess you're an expert on coins from Endor then? I have to warn you though. My cookies almost got burned in the oven, they're a bit on the dark side now...

Anyway, talking about prices for rare coins. Today this hit the news: http://nos.nl/artikel/2143270-zilve...dbedrag.html

A rare 1 gulden coin from 1867 (mintage: 3 pieces) sold for 104.550 Euro (about $112.500) at an auction yesterday. This makes it the most expensive Dutch coin in history. Second place is now for the first Dutch quarter ever struck (which happened in 1817) at 76.260 Euro (or about $82.000).
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jbuck's Avatar
United States
188952 Posts
Pillar of the Community
matttheriley's Avatar
United States
1512 Posts
 Posted 11/16/2016  12:48 pm  Show Profile   Bookmark this reply Add matttheriley to your friends list Get a Link to this Reply
I officially joined the "dark side" when I cherry picked a 1915-H Australian Half Penny with what appeared to be wear, but turned out to be a weak strike for essentially pennies. It graded AU55 by PCGS! I'll let you look up the value!

I really love "World" coins, but am a firm believer in #allcoinsmatter!

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jbuck's Avatar
United States
188952 Posts
 Posted 11/16/2016  12:52 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I really love "World" coins, but am a firm believer in #allcoinsmatter!
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 11/16/2016  2:14 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply

Quote:
I really love "World" coins, but am a firm believer in #allcoinsmatter!


I second that!

Congrats on the deal with the Aussie penny. That's just amazing.

Actually, I do find the term 'world coin' a rather odd one. It's coined by Americans to just put all they don't know on a heap (usually that is everything except American and sometimes Canadian or Mexican coins). You do realize that, technically, to me American coins are 'world coins', right?
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jbuck's Avatar
United States
188952 Posts
 Posted 11/16/2016  3:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
You do realize that, technically, to me American coins are 'world coins', right?
Would it surprise you that I have some American coins in my World Coin albums?

True story.
Bedrock of the Community
United States
20753 Posts
 Posted 11/17/2016  11:46 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
My only problem is I put coins in Albums. So just where would I get enough of those to fill an Album?
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 11/17/2016  3:32 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
How about just buying a tinywiny album?
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