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 Replies: 166 / Views: 24,451 |
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Pillar of the Community
Canada
1571 Posts |
Dragging down the prices? I think it's more bringing the coin back to realistic prices. People were paying for the hype which is dying down. This happens EVERY time there is a hot coin. With flippers tying up much of the inventory, actual collectors view it as low supply with high demand. Once the flipper start selling off stock, the price plummets.
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Pillar of the Community
 Canada
665 Posts |
Repeat of Falcon Lake... Quickly went to 4x+ Issue Price and has dropped back to 2x as inventory has become available... all within 2 months. It should follow the standard trajectory to bullion or bullion x2 within 5 yrs.
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Pillar of the Community
Canada
659 Posts |
Quote:
Repeat of Falcon Lake... Quickly went to 4x+ Issue Price and has dropped back to 2x as inventory has become available... all within 2 months. It should follow the standard trajectory to bullion or bullion x2 within 5 yrs. Where did you see it for $260? ebay shows steady average price of $450 to $500 shipped...except for the occasional seller who lists lower than $400, which is immediately bought. Inventory remains the same at 20 to 25. Nothing has changed, according to ebay. Am I missing something? |
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Pillar of the Community
Canada
6767 Posts |
Who could predict this? As continuously people reporting (verified on ebay), the lowest BIN prices slowly crawl down day after day, same with auction start prices. Looks like, someone didn't like the success of of some recent RCM coins and tries eliminate it. |
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Pillar of the Community
Canada
2984 Posts |
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Pillar of the Community
Canada
1027 Posts |
Let us know how much it goes for and add the hammer rate.
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Rest in Peace
Canada
1360 Posts |
Is it weird that the auction closed - but not disclosed?  |
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Pillar of the Community
Canada
2984 Posts |
It is really difficult to find what a coin sells for at Auction Network. For some reason, Auction Network refuses to disclose finished auction results. Almost all auction houses disclose winning bids except Auction Network. What are they trying to hide? So they only possible way to find out what a coin sells for is follow the auction and get a screen grab. So I got two screen grabs. It either sold for $825 or $837.50. What to you think? With 18% buyers premium, if it sold for $837.50 we are looking at $837.50 x 1.18= $988.25. If you pay with EFT, you get a 3% discount.   |
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Pillar of the Community
Canada
634 Posts |
Very strange not to disclose winning bid?
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Pillar of the Community
Canada
1027 Posts |
Auction Network never ever discloses the winning bids. I guess they do not want CRA to know final tally?
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Pillar of the Community
Canada
2984 Posts |
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Bedrock of the Community
Australia
21786 Posts |
I never go near low mintage new release Mint product issues, because the Mint premiums for new product is so high, that the collector almost always looses out when re sold in the few years after issue by the Mint. In most cases, they they can be bought in the collector after market a decade or more later, for a small fraction of the original issue price. If that is your interest, 10 or 15 years after new issue is the best time to buy, and you get a huge variety of Mint product to choose from.  Support your local LCS !  |
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Pillar of the Community
Canada
5324 Posts |
If the carousel doesn't move, kind of defeats the purpose of this coin ?
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Pillar of the Community
Canada
1027 Posts |
The coin shoppe has the carousel back in stock for $1199.95
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Pillar of the Community
Canada
6767 Posts |
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If the carousel doesn't move, kind of defeats the purpose of this coin ? Not completely. The uniqueness of the coin is having Carousel detailed attached. The movement - is the feature of the carousel. So let's say, this is the "error coin". Might be magnets installed without following the polarity, or maybe silver, when it was still soft leaked from the carousel and attached to the coin, preventing it to move. |
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Replies: 166 / Views: 24,451 |
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Posted 06/15/2018 06:53 am
