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Flip Or Flop Pysank 2019 Coin?

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Pillar of the Community
Canada
6768 Posts
 Posted 02/09/2019  11:03 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
People reporting the coin's prices slowly go up.
This is good sign, like in old good days...

So, it nice to have coins, that appreciated in time.
But remember: after several years the situation will be:
in the best case the price will stay near or bit lower than the issue.
In the less attractive scenario - the asking price everywhere will be high, but will be no buyers, since people just will move to something else.

Keep an eye on the "Donut" coin as well
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canadian_coins's Avatar
United States
2408 Posts
 Posted 02/10/2019  5:18 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
Rest in Peace
Dcadon's Avatar
Canada
1360 Posts
 Posted 02/13/2019  7:53 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
Currently, they seem to be selling easily for $170ish on ebay.ca with free shipping. Mine (2 of them) just arrived today. I think I'll wait a week or two before listing.
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yellow88's Avatar
United States
581 Posts
 Posted 02/13/2019  8:36 pm  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
The risk reward ratio heavily favors returning the coin to the mint.

You'd also being doing the mint a favor as they can shore up any weak links in their order processing system.

Win/Win. 100% sure thing.
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 02/13/2019  10:30 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
Currently, they seem to be selling easily for $170ish on ebay.ca with free shipping. Mine (2 of them) just arrived today. I think I'll wait a week or two before listing


Are they really selling "easily". My coin around that price range has not moved in 4 days. Also, some of the listings are best offers which mean they are selling below asking price.

Considering shipping can be up to $20, you are not making much money after shipping, eBay/PayPal fees. Do the math: $170 - $20 shipping = $150. Cost is $130. After the fees that $20 profit is very small.
Edited by MoneyPenney
02/13/2019 10:43 pm
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Panda's Avatar
Canada
685 Posts
 Posted 02/15/2019  10:24 am  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply
why this year is $129 same as last year BUT no gold painting?
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 02/28/2019  12:13 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
As predicted, flop.


Flip-Or-Flop-Pysank-2019-Coin?
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Looney4Numi's Avatar
Canada
659 Posts
 Posted 02/28/2019  12:28 am  Show Profile   Bookmark this reply Add Looney4Numi to your friends list Get a Link to this Reply
These sales are in Poland, where they generally sell for less. This seller put on several auctions at the same time, so, of course, he sabotaged himself.

Buyers in North America are willing to pay at least $165 for this Pysanka coin.

It might be a flop for flippers who don't want to hold long term, but it's clear that these are in demand if Canadian dealers are selling for $165.00 or higher.
Pillar of the Community
Canada
6768 Posts
 Posted 03/16/2019  3:55 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Unfortunately, as was calculated in details on the other resource, after initial good start, the coin stopped to increase in the asking price.

The private sellers still will be able to return their expenses (recommended not to wait), but no nice profits.

So...still not bad RCM release for collectors
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 03/16/2019  4:29 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Basically it is the European dealers who are keeping a damper on any price increases for the Pysanka. Their sold auction prices are averaging $125. I don't how they can keep selling at a loss. Worse, those European dealers seem to have an endless supply of the Pysanka.
Pillar of the Community
Canada
798 Posts
 Posted 03/16/2019  8:35 pm  Show Profile   Bookmark this reply Add JGG to your friends list Get a Link to this Reply
Once these last few cheap ones sell on ebay, the price should skyrocket. /sarc
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Dcadon's Avatar
Canada
1360 Posts
 Posted 03/16/2019  11:20 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
I sent my extra one back to the mint - no shipping charge, - full list price, - no worries about non-payer.
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vonigohcr's Avatar
Canada
665 Posts
 Posted 03/19/2019  09:17 am  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply
So just announced to masters club a 4-9 pure gold Pysanka... Shade under 2oz (58.5g) mintage 250 priced at $5K... No paint or GITD or... simply engraved design.

I'm out, not my thing, but wonder if this will garner the interest that the Silver Pysankas generate.
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jimper's Avatar
568 Posts
 Posted 03/19/2019  10:04 am  Show Profile   Bookmark this reply Add jimper to your friends list Get a Link to this Reply
@vonigohcr

I saw the coin this morning on the RCM site and it's a very simple design indeed. I'm out as well. You would think with the price of the coin they would make a better case made out of wood instead of the cheap maroon clamshell.
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vonigohcr's Avatar
Canada
665 Posts
 Posted 03/22/2019  2:10 pm  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply
@jimper

It seems to be selling well though, Mint claims 78% sold and not yet in general release. Can't argue about the case... if you are dropping 5K a nice wooden box seems more aligned than the regular clamshell.
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