Just an FYI to those who are listing on ebay. Had to open an unpaid item case on my buyer. Seems he/she bid on at least 2 other ERP coins and never paid. Feedback shows the person is actively buying coins(new feedback since my auction ended). PM me if you want their ebay ID for your block list.
@Mgarmy said:
At that is at the heart of the debate.. those that are into coins as a business love the price jump and that is totally understandable. Those that collect as a hobby and did not get one as part of a long time collection, cannot afford it and are pissed, also understandable.
Russian world wide web bots they say got most of them. Perhaps this was the rocket mans big xmas present? Semper Fi! Crazy world!!
Yes Paradise you could sense fairly easily that the low post count people were not only opportunistic short timers but also way oversensitive.
Two attributes that don’t give them much of a chance of longevity on this forum.
I suspect they came for as much information as possible to make a profit and then back to the video gaming.
@MilesWaits said:
Yes Paradise you could sense fairly easily that the low post count people were not only opportunistic short timers but also way oversensitive.
Two attributes that don’t give them much of a chance of longevity on this forum.
I suspect they came for as much information as possible to make a profit and then back to the video gaming.
I was and am new to posting here when this ERP came out. I’m sure you’re right that many or perhaps most of the new posters have moved on, but not all of us. I very much appreciate the expertise of this forum and I hope to stay here for the long term. I’ll have to say that this coin has reinvigorated my interest as a coin collector and more importantly has helped encourage my ten year old to enjoy collecting even more. He started early in 2019 and was already hooked before this ERP arrived, but he’s vary happy to have this coin in his fledgling collection. Thanks again to all the long term member here whose comments and advice have helped educate folks like my son and me. Cheers.
@291fifth said:
The way this coin was distributed may be leading many collectors who didn't get one at the issue price to DROP the series entirely. If that is the case then prices in the aftermarket can be expected to drop steadily. Supply and demand will rule in the end.
On the flip side of this argument possibly the quick money flip and maybe false belief that coins are a great investment may bring lots more people into the hobby.
But as soon as they realize the chances of "winning" again are poor they will drop out and look for another quick buck scheme. These kind of people aren't interested in collecting, they are interested in making quick money.
I’m not sure about you but I like making quick money as much as the next guy. It has opened our hobby up to lots of people who might otherwise not have. My guess is some will think it’s interesting and delve deeper. Some won’t give a rats ***.
I’m betting it is a net positive.
Some speculation may be a positive for hobbyist collectors by providing price support when liquidating but "excessive" speculation is a negative. All it does is inflate the prices for coins that would otherwise be cheaper.
Comments
Just an FYI to those who are listing on ebay. Had to open an unpaid item case on my buyer. Seems he/she bid on at least 2 other ERP coins and never paid. Feedback shows the person is actively buying coins(new feedback since my auction ended). PM me if you want their ebay ID for your block list.
My Ebay Store
Russian world wide web bots they say got most of them. Perhaps this was the rocket mans big xmas present? Semper Fi! Crazy world!!
Yes Paradise you could sense fairly easily that the low post count people were not only opportunistic short timers but also way oversensitive.
Two attributes that don’t give them much of a chance of longevity on this forum.
I suspect they came for as much information as possible to make a profit and then back to the video gaming.
I was and am new to posting here when this ERP came out. I’m sure you’re right that many or perhaps most of the new posters have moved on, but not all of us. I very much appreciate the expertise of this forum and I hope to stay here for the long term. I’ll have to say that this coin has reinvigorated my interest as a coin collector and more importantly has helped encourage my ten year old to enjoy collecting even more. He started early in 2019 and was already hooked before this ERP arrived, but he’s vary happy to have this coin in his fledgling collection. Thanks again to all the long term member here whose comments and advice have helped educate folks like my son and me. Cheers.
Some speculation may be a positive for hobbyist collectors by providing price support when liquidating but "excessive" speculation is a negative. All it does is inflate the prices for coins that would otherwise be cheaper.