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 Replies: 9 / Views: 1,930 |
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Valued Member
Canada
170 Posts |
I was wathcing some 5 Dollar Maple Leafs for sale on ebay, They sold for more than what I see them for sale on other sites, about $50. Adding shipping they paid about 65-70 each, Am I missing something. |
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Pillar of the Community
Canada
1984 Posts |
Probably just the usual ebay wierdness. I sold some junk silver coins on ebay last week. I (foolishly) put no reserve on them thinking they would attract lots of bids. On the plus side, some recent junk French and German silver went for 2x+ bullion value while (sadly) some English silver went at about 1/3 bullion delivered! I have been watching the sales of English silver coins recently and I see that they consistently sell for quite a bit less than Canadian junk silver on a silver-equivalent basis. No idea why. |
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Pillar of the Community
Canada
902 Posts |
Was a time no one cared much about 5 Dollar Maple Leafs, but then the price of silver went up & ebay went nutz on these. |
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Valued Member
 Canada
170 Posts |
I just dont understand why someone pays more than what its worth!
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Pillar of the Community
United States
1064 Posts |
They like the look; they like having something they feel is worth it to them!
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Valued Member
Canada
272 Posts |
It depends on what year the Maple Leaves were issued, some years are worth alot more than others..
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Pillar of the Community
Canada
972 Posts |
When you pay 65- 70 dollars for a 5 dollar ML on ebay, thats when your gonna be assured quick shipping. haha |
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Valued Member
Canada
307 Posts |
still all and all it makes you wonder why anyone would pay 60- 70 dollars for a coin that is now worth 32.00 (spot price as of today)...silver would have to go up to over 75 an ounce to get your money back
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Rest in Peace
United States
9104 Posts |
 , redlee- Quote:
I just dont understand why someone pays more than what its worth! It's impossible for something to sell for more than it's worth in a free market. It was obviously worth it to the high bidder. Price water at the supermarket. 39¢ a gallon from the machine. 20¢ a pint by the case. $1 for the same pint at the snack bar. How much for a swimming pool full? In effect, you're asking why anyone would pay more than scrap value for a car. |
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Pillar of the Community
United States
781 Posts |
with coins, much like other collectibles, "value" has multiple meanings. face value, intrinsic value, and market value. and when insurance companies get involved, replacement value. chances are, none of the "values" will ever be equal at the same time.
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Replies: 9 / Views: 1,930 |
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Posted 09/22/2011 7:32 pm
