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 Replies: 346 / Views: 27,854 |
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Pillar of the Community
Canada
838 Posts |
This is one of the most captivating threads I've ever seen here! It's cool to watch someone attempt to corner a market in real time. I hope he succeeds on the 2006 magnetic (since I have one) but hope he fails on the P-non-magnetic (cause I don't have one!). Anyway thanks to all the CCF watchdogs for making this a fascinating read.
By the way, I'd love to see someone with some guts (and deep pockets) throw up a $5000 bid and see what this guy does!
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Pillar of the Community
United States
745 Posts |
Edited by Penny4Me
09/18/2011 10:56 pm
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Pillar of the Community
Canada
838 Posts |
Quote:
A minor point, but just to keep the archive correct, the 48 dollar mintage was 18,780. I should stress (in case it wasn't obvious) my comment about 50,000 x 1948 dollar was just poking some fun at the numerous counterfeits. |
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Pillar of the Community
United States
745 Posts |
hey; I still need one 2006 magnetic no p, but there this no way I will or even want to out bid this guy.
but it is fun to make sure it does not sell for low price.
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Pillar of the Community
 Canada
1984 Posts |
Well, it is an interesting coincidence re the similarity of names. But what the heck...if they are the same so what? The non mag 2006P remains scarce. Lets be cynical and assume that one person (let's cynically assume larylary) owns 65 of the 73 non mag 2006 cents and has decided to buy the rest. Well, even if so, it is still a very rare coin and one that will cost a lot to own (and likely once the current seller is done even more). Maybe larylary was lucky and found a roll of non mag 2006P. Maybe there was a backdoor mint job. It doesn't really matter to me. I like cents and I wanted one and I managed to find one. There will be others who will feel the same. I deal in weird illiquid things for a living. I like it when I own something that somebody else wants to corner the market on. It leads to a very disciplined market.
It reminds me of the story of the 1856 British Giuana 1d stamp (the world's most valuable). There were supposedly two in existence at one time (in the 1920S). A fellow named Arthur Hind was rumoured to have bought them both and burned one to enhance the value of the one he had left. Maybe larylary will start destroying 2006 cents....... As a collector, I don't like the idea of people destroying coins. But I like drama.... And the Hind story is the best stamp story I have ever heard.
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Pillar of the Community
Canada
902 Posts |
I also have my 2006 magnetic no p, so there are a couple he won't get.  |
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Pillar of the Community
United States
745 Posts |
There is no way anyone can get all 2006 magnetic no p, there are at least 100,000+ out there and more to find.
But The non mag 2006P is scarce and someone could buy them all them with lots of $$$
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Pillar of the Community
Canada
2428 Posts |
For the record darryldarryl is just Darryl and is not related to larrylarry. Hmmm,well,if you were watching the \newhart \show years ago then maybe there was a relationship. Edited by darryldarryl
09/19/2011 10:54 am
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Pillar of the Community
Canada
2428 Posts |
I need some advice on timing! I want to put my coin on ebay. Should I do it before the current one ends or after it ends? If I do it after then pierre2101 may put up another one giving buyers more options therefore it will probably sell for less. If I list before it ends then pierre 2101 may not want to put his up right away and will hold off?   Edited by darryldarryl
09/19/2011 10:58 am
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Pillar of the Community
United States
745 Posts |
Well if he list next one as ms66, it will be bad for you! I say list ms65 now for 5 days. All others were up for 7 days, also your coin may take away some bidders on current ms65 list.. BTW you gonig to give r...9; a family discount he he wins  Edited by Penny4Me
09/19/2011 11:46 am
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Moderator
 Canada
10464 Posts |
darryldarryl maybe set a reserve price. If one person is trying to corner the market at all costs, then they'll incrementally bid it up until the reserve price, but not more...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
838 Posts |
Quote:
a family discount |
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Pillar of the Community
Canada
1984 Posts |
DD: You could put it up as a buy-it-now at the selling price of the current coin......
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Pillar of the Community
Canada
2428 Posts |
You guys are too funny!
Thanks for the insight.
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Pillar of the Community
United States
745 Posts |
DD: do a buy-it-now 'NOW' at $1999.95 before other ms65 ends, then it should go quick and you have nice profit!
Oh & put up a 2006 No p /No logo Magnetic for me buy-it-now at $19.95
Edited by Penny4Me
09/19/2011 3:50 pm
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Replies: 346 / Views: 27,854 |
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Posted 09/18/2011 10:55 pm
