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U.S. Coin Forum
Anybody up for a $100,000 proof Franklin Half Dollar?
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Comments
foxxze
Posts:
361
January 22, 2007 11:29PM
<< <i>
<< <i>I don't find anything odd about the dealers $100K price. It's a one of a kind, beautiful
and I guess he thinks it's near priceless.
What surprised me is he said someone paid $14,000 for this raw, years ago.
To me it reall IS: classic vs. modern--just not coins!!
It's Ferrrari 1968 GTC-4, mint state, 38K miles vs this PR cameo Franklin. >>
I do not believe this dealer has the coin for sale , nor do I believe the collector bought it raw.
Tomaska sold it to him already in a slab , NGC PF 67 CAM ; then the guy got it upgraded to 67 Ultra Cam and Rick estimates it`s value
between 75-100 g`s ..........in fact : Tomaska sez "Every coin I buy , quite often with the passage of time
upgrade
when resubmitted " ! ! !
He also recommends to his clients that they can usually recieve more , MUCH more money for their coins-
instead of offering them back to him when they want to sell -they should sell them in an Auction !!!!!!
This seems a bit odd as i lost count of the times he has a coin on his pricelist for months - then I see the same coins in Heritage Auctions
where they sell for 50% or LESS then what he was asking for them !
You see , and I quote him , " While many dealers know how to `talk the talk` , I prefer to let the coins we offer `walk the walk `. " >>
this bothers me ,,,,,,,"He also recommends to his clients that they can usually recieve more , MUCH more money for their coins-
instead of offering them back to him when they want to sell -they should sell them in an Auction !!!!!! "
I am trying to determine if I want to spend my hard earned money on this dealers coins.
0
GoldenEyeNumismatics
Posts:
13,187
✭✭✭
January 22, 2007 11:56PM
I have no interest in Franklins but that guy is going to make a tidy profit
0
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U.S. Coin Forum
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Comments
<< <i>
<< <i>I don't find anything odd about the dealers $100K price. It's a one of a kind, beautiful
and I guess he thinks it's near priceless.
What surprised me is he said someone paid $14,000 for this raw, years ago.
To me it reall IS: classic vs. modern--just not coins!!
It's Ferrrari 1968 GTC-4, mint state, 38K miles vs this PR cameo Franklin. >>
I do not believe this dealer has the coin for sale , nor do I believe the collector bought it raw.
Tomaska sold it to him already in a slab , NGC PF 67 CAM ; then the guy got it upgraded to 67 Ultra Cam and Rick estimates it`s value
between 75-100 g`s ..........in fact : Tomaska sez "Every coin I buy , quite often with the passage of time upgrade
when resubmitted " ! ! !
He also recommends to his clients that they can usually recieve more , MUCH more money for their coins-
instead of offering them back to him when they want to sell -they should sell them in an Auction !!!!!!
This seems a bit odd as i lost count of the times he has a coin on his pricelist for months - then I see the same coins in Heritage Auctions
where they sell for 50% or LESS then what he was asking for them !
You see , and I quote him , " While many dealers know how to `talk the talk` , I prefer to let the coins we offer `walk the walk `. " >>
this bothers me ,,,,,,,"He also recommends to his clients that they can usually recieve more , MUCH more money for their coins-
instead of offering them back to him when they want to sell -they should sell them in an Auction !!!!!! "
I am trying to determine if I want to spend my hard earned money on this dealers coins.