No. More like a $10.00 coin that went for ridiculous money due to buyer's greedily looking to make even more ridiculous money from an unfortunate disaster. I watched this end last night with my mouth open. My question is, how many of these were minted and made available to the public? Anyone know? Joe
<< <i>absolutely amazing if it is a real bid and he pays! >>
Now - if you wanted to hype these kinds of things and had a whole stash of these worthless coins around, wouldn't you be tempted to arrange a little shill bidding? - This makes me sick.
<< <i>absolutely amazing if it is a real bid and he pays! >>
Now - if you wanted to hype these kinds of things and had a whole stash of these worthless coins around, wouldn't you be tempted to arrange a little shill bidding? - This makes me sick.
Frank >>
I don't think that was the case at all as this was listed on the 25th and received no bids until after the tragedy. The only thing the seller was trying to do was time it with the landing of the shuttle to generate more interest in his auction. Greedy buyers are the disease here. Joe
<< <i>But at least he's not getting screwed on shipping, only $7.25.....not bad >>
I beg to differ! THere is a charge of $1.30 per $50 of vvalue for insurance which is a little (no!! make that "a lot") steep compared to the actual USPS rates (they only charge $1.30 for the first $50, then the rates are more like $1.00 per $100 of value).
The seller listed this auction before the space shuttle crashed. He/she was probably just looking to get rid of the coin.....$13K later..........some may think the seller was jumping on a tragic evernt, in order to capitalize. Unless the seller has ESP, that wasn't the case here. I doubt the buyer is ever going to see any of that money.
I have several of these Marshall Islands Space Program coins which I normally sell for $9.99, including the one in the auction (without the folder). They will NOT appear in any of my auctions for some time to come, if ever. Just can't understand the mentality of several people bidding in the thousands for a ten dollar coin.
As for the timing of the auction, the fact that Columbia was in space and on a mission at the time the auction was listed, would make sense. I tend to sell more Olympic coins during the Olympics, more World Cup Soccer coins during the World Cup, etc.
I received a response from the bidder in this auction:
I wouldn't.
I cannot believe all of the remarks I have received on this auction. I only made this outrageous bid to remove it from bidding out of respect for this tragedy. The bid was at $5,000 before I even came along. I believe that any items up for bid regarding teh Columbia before the tragedy should be removed and none should be placed in the near future.
I let him know that there were plenty of "scumthumpers" out there doing just that.
Comments
Joe
wow
<< <i>absolutely amazing if it is a real bid and he pays! >>
Now - if you wanted to hype these kinds of things and had a whole stash of these worthless coins around, wouldn't you be tempted to arrange a little shill bidding? - This makes me sick.
Frank
<< <i>
<< <i>absolutely amazing if it is a real bid and he pays! >>
Now - if you wanted to hype these kinds of things and had a whole stash of these worthless coins around, wouldn't you be tempted to arrange a little shill bidding? - This makes me sick.
Frank >>
I don't think that was the case at all as this was listed on the 25th and received no bids until after the tragedy. The only thing the seller was trying to do was time it with the landing of the shuttle to generate more interest in his auction. Greedy buyers are the disease here.
Joe
But at least he's not getting screwed on shipping, only $7.25.....not bad
____________________________
<< <i>But at least he's not getting screwed on shipping, only $7.25.....not bad >>
I beg to differ! THere is a charge of $1.30 per $50 of vvalue for insurance which is a little (no!! make that "a lot") steep compared to the actual USPS rates (they only charge $1.30 for the first $50, then the rates are more like $1.00 per $100 of value).
Pete
<< <i>Could be - but just the same, whether it was the buyer or the seller, it's still sad. >>
Indeed it is!
Joe
LSCC#1864
Ebay Stuff
As for the timing of the auction, the fact that Columbia was in space and on a mission at the time the auction was listed, would make sense. I tend to sell more Olympic coins during the Olympics, more World Cup Soccer coins during the World Cup, etc.
My Website
"Everything I have is for sale except for my wife and my dog....and I'm not sure about one of them."
I wouldn't.
I cannot believe all of the remarks I have received on this auction. I only
made this outrageous bid to remove it from bidding out of respect for this
tragedy. The bid was at $5,000 before I even came along. I believe that any
items up for bid regarding teh Columbia before the tragedy should be removed
and none should be placed in the near future.
I let him know that there were plenty of "scumthumpers" out there doing just that.