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 Replies: 30 / Views: 3,474 |
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Valued Member
United States
106 Posts |
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Pillar of the Community
United States
4989 Posts |
That is absurd I figure it is only $700 worth of silver ($28/ounce * 5 ounces * 5 coins = $700).
These guys cover their grading costs by the ones that come back MS-70 but, to be generous, let's assume it cost them $10 per coin to get these graded in bulk that brings total value to $750.
I see no numismatic premium whatsoever for the MS-69 nearly every one minted is probably MS-68, most are MS-69, a few will make 70; these coins are pure bullion silver nothing more.
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Valued Member
Guatemala
357 Posts |
"OUR PRICE WILL MOST LIKELY BE CHANGING FREQUENTLY. IF YOU CAN'T RISK THE POSSIBILITY THAT WE MAY SELL THESE FOR LESS AT ANY TIME BASED ON SUPPLY AND MARKET CONDITIONS, DO NOT PURCHASE THE SET. "
Translation: "We are robbing you blind. We think you're a total idiot. If you don't want any of your friends to know you're a bigger idiot than they know you to be, don't buy this crap."
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Pillar of the Community
United States
4000 Posts |
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Valued Member
United States
463 Posts |
I would of been interested in the coins but at the current price there selling is ridiculous, if it was near melt I would buy
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Pillar of the Community
United States
1510 Posts |
theres alot of dummies (or drunks) that will buy those-- LOL
Retired USAF 1983-2003
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Moderator
 United States
16679 Posts |
Member ANA and PNG. Guess ethics went out the window on that one. swcoin.ecrater.com
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Bedrock of the Community
United States
10045 Posts |
Market conditions? If/when market conditions actually influence a price that high, they will probably decline US currency as payment.  Edited by DVCollector
01/20/2011 3:24 pm
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Valued Member
United States
402 Posts |
All hype wait a few years or when silver starts dropping then we should be able to pick them up at a fair price.
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Valued Member
 United States
106 Posts |
I wonder how much the Mint will charge if they release Numismatic versions? I would love for the mint to undercut these guys, it would be a spectacle.
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Pillar of the Community
United States
1027 Posts |
The mint will definitely undercut that price. The uncirculated versions from the mint will be higher than the price they forced on the APs but not a lot higher. They will be sold and packaged individually, in their own boxes, much like either uncirculated or proof SAEs. I would expect the mint to add the 5oz silver coins to their gold and platinum charts that adjust the price weekly based on silver spot. That way they don't have to speculate about what silver will do over the course of the year or pull the coins and re-offer them at new prices like they used to do with gold. The only question with the mint offering of the uncirculated coins is whether or not you get one, not whether or not you will get gouged. On a side note, my subscription for the 2011 silver proof set was just ordered, five days ahead of release just like the clad set.
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Valued Member
Guatemala
357 Posts |
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Pillar of the Community
United States
1406 Posts |
Jmerrick, Did you have to put my auction in the spotlight? LOL!  My guess is $2150.00. (I hope)-Kurt |
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Valued Member
Guatemala
357 Posts |
Hey Kurt, Sorry... It was an honest mistake... And, who knows...Maybe some free advertising.  |
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Bedrock of the Community
United States
10045 Posts |
JM--we were joking together on that  |
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Pillar of the Community
United States
1406 Posts |
I dont mind, as long as no one judges me for capitalizing on a lucky score. I am a bit sad that these are getting such ridiculous prices because I really would like to keep them.
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Replies: 30 / Views: 3,474 |
Posted 01/20/2011 12:23 pm
