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Niue doing a blind star wars box

RiveraFamilyCollectRiveraFamilyCollect Posts: 317 ✭✭✭
edited October 24, 2023 2:06PM in World & Ancient Coins Forum

The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.

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  • 4760 coins.
    2 per box, 2830 boxes for sale.
    $700 per box.
    $1,981,000 potential gross.
    $114,000 worth of silver and $8k in gold.
    Thats a healthy profit margin.

    These Niue people are trying to get in on the blind box phenomenon.
    I will be really surprised if these sell at all.

    The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.

  • SapyxSapyx Posts: 1,969 ✭✭✭✭✭
    edited October 24, 2023 8:36PM

    "Niue" isn't doing it; I seriously doubt that anybody actually in Niue is aware of their existence. New Zealand Mint is doing it. NZM is a private mint, not actually connected to or with the New Zealand government (which does not own a mint, but generally does not use NZM's services). Niue is just the flag-of-convenience that NZM is using to legitimize their "coins".

    @RiveraFamilyCollect said:
    I will be really surprised if these sell at all.

    Apmex claims they've already sold out from the NZM itself, a claim verified by the NZM website (the set was launched on 11 August, so they're not "new news"); the secondary market is the only place to get them.

    Personally, I don't see the appeal of "mystery boxes". If I'm paying that much money for coins, I want to know what I'm getting and the prospect of getting coins I don't actually want or like the look of, is a major turn-off. If I was interested in such things, I'd be prepared to pay someone to open a bunch boxes and sell me the coins/cards I actually want. Gambling doesn't appeal to me at all.

    But hey, maybe that's why I'm a coin collector, and not a trading cards collector.

    Waste no more time arguing what a good man should be. Be one.
    Roman emperor Marcus Aurelius, "Meditations"

    Apparently I have been awarded one DPOTD. B)
  • It was released in August? And they sold out, that's nuts. Was it $700 on release or that's what they are upselling now?
    Their stuff is usually ridiculously expensive anyway.

    This product seems insane to me

    The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.

  • SapyxSapyx Posts: 1,969 ✭✭✭✭✭

    I honestly don't know; NZM doesn't keep original issue prices on their website, and Wayback Machine doesn't have it saved.

    Waste no more time arguing what a good man should be. Be one.
    Roman emperor Marcus Aurelius, "Meditations"

    Apparently I have been awarded one DPOTD. B)
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