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Replies: 15 / Views: 2,318 |
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New Member
United States
11 Posts |
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Moderator
 United States
6563 Posts |
$60 a coin. It's just slightly over the average sale price of a non slabbed one. I think the sticker shock is that he has 99 coins instead of 1-10 like most folks
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Pillar of the Community
United States
1699 Posts |
If I had the money, I'd hold on to them. Aren't they supposed to go up in price?
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Valued Member
Canada
464 Posts |
Lol... If that sellers sells it for the asking price, I'm sure he is not worried about losing out on any future price increase.
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Pillar of the Community
United States
6326 Posts |
That's the ole " buy 100 of them....keep one for myself.....and sell the rest for a profit....then use that money to buy more coins" plan......  And I'm sure he hopes to get in on the current Lincoln hype bubble and excitement over the "sold out" factor too....
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Moderator
 United States
187950 Posts |
I can think of several things, some of them coins, that I would rather spend $6k on! 
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Pillar of the Community
United States
6326 Posts |
 .....  ........I'll second that motion !.... 
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Pillar of the Community
United States
5606 Posts |
What I find most interesting, he has sooo many of these, check out his other listings, this is not, IMHO, a level playing field! How would someone like this obtain this kind of quantity, does not seem fair, just my opinion.... along the same lines of the moment a concert tickets become available, you see the best seats are already GONE...... 
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Pillar of the Community
United States
6326 Posts |
 ........ Some people will go to extreme measures to make a buck !......fair or unfair. It's just when the "common man" gets inflated prices at the end of this run that ticks us off !.... 
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Pillar of the Community
United States
2734 Posts |
The ordering limit for the Lincoln Dollar was "100 coins per household", so yes he got that quantity within the rules.... Quote: U.S. Mint: "Ordering Limits: Standard option limit information: To ensure the broadest and most fair access to the 2009 Abraham Lincoln Commemorative Silver Dollars, a limit of 100 units each per household is in effect for this product during the first 30 days of its release." He also apparently kept one LN7 Proof for himself: http://cgi.ebay.com/99-2009-Abraham...N7_W0QQitemZ190299958782QQcmdZViewItemQQptZCoins_US_Individual?hash=item 190299958782&_trksid=p3911.c0.m14&_trkparms=72:1205|66:2|65:12|39:1|240:1318|301:0|293:1|294:50
Edited by DNA 04/17/2009 10:09 pm
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Pillar of the Community
United States
5606 Posts |
DNA, Thanks for the information, I did not know that you could get 100-per household....
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Pillar of the Community
United States
1055 Posts |
For $6K I can think of many other coins I would prefer to invest in over the lincoln commemorative... my .02
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Valued Member
United States
90 Posts |
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New Member
Canada
19 Posts |
It would be nice to have the kind of funds to do that kind of thing. I do not hold prejudice against anyone taking the risk, putting up THEIR OWN MONEY, and succeeding or failing. It's fair. What's not fair is the gubmint stepping in and throwing around all kinds of OPM at people making bad decisions with OPM.
That's criminal!
Edited by Road_Apples 05/01/2009 11:38 pm
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Valued Member
United States
295 Posts |
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Valued Member
United States
187 Posts |
good work if you can get it.....seems like the system never works as well as some folks can work the system.:)
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Replies: 15 / Views: 2,318 |
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