@cagcrisp said:
I do Not agree that the small fist doesn't stand a chance on these auctions.
I do Agree that it will be expensive...
"Expensive " for the "small fish". It is pretty much guaranteed that the small fish cannot outbid them.
Depends on how bad you want one.
You are only trying to get One coin.
The Big Boys are after Multiple coins for resale.
All you have to bid is Slightly under resale value and you will prevail.
The Big Boys need a margin to stay profitable.
You do Not…
@cagcrisp said:
I do Not agree that the small fist doesn't stand a chance on these auctions.
I do Agree that it will be expensive...
"Expensive " for the "small fish". It is pretty much guaranteed that the small fish cannot outbid them.
Depends on how bad you want one.
You are only trying to get One coin.
The Big Boys are after Multiple coins for resale.
All you have to bid is Slightly under resale value and you will prevail.
The Big Boys need a margin to stay profitable.
You do Not…
Exactly. The people paying $125 now against the $73 issue price need only have bid $100 or $110 to have bought them directly from the Mint.
The small fish can't easily flip, but wasn't that the whole point?
All comments reflect the opinion of the author, even when irrefutably accurate.
Comments
For people collecting ASEs and proof sets, continue to sell them at the current markup levels, and keep them accessible to everyone.
"Special" issues go to auction straight off. Kinda like the Treasury selling debt
The small fish doesn't stand a chance on these auctions.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
imagine cornering the market
I don't see why not. Especially if there is a HHL.
I'm a guppy and I'll be bidding.
All comments reflect the opinion of the author, even when irrefutably accurate.
I do Not agree that the small fist doesn't stand a chance on these auctions.
I do Agree that it will be expensive...
true. hopefully there will be a HHL
"Expensive " for the "small fish". It is pretty much guaranteed that the small fish cannot outbid them.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
Depends on how bad you want one.
You are only trying to get One coin.
The Big Boys are after Multiple coins for resale.
All you have to bid is Slightly under resale value and you will prevail.
The Big Boys need a margin to stay profitable.
You do Not…
figuring out resale and retail is the challenge.
it will be interesting to watch these auctions.
Exactly. The people paying $125 now against the $73 issue price need only have bid $100 or $110 to have bought them directly from the Mint.
The small fish can't easily flip, but wasn't that the whole point?
All comments reflect the opinion of the author, even when irrefutably accurate.
My US Mint Commemorative Medal Set