Questions from a newbee about proof coins - Marley 60th

smallaxe

I just joined the CU (thanks again Madame!). My question is about proof coins. I have a supply of the Bob Marley 60th anniversary coins that I have been selling on EBay. I understand that even uncirculated coins have differences in grade and that having them graded and slabbed may appeal to some buyers. With this coin, there is a protective plastic case, velvet lined box, and certificate. (I would attach a pic but I cant seem to browse to the image...the interface seems to want a typed filename with path).

The question though is:
What would be more important to a collector....original packaging or graded quality?
Also, I'm thinking about how man of these I should hold on to....has anybody ever known coins like this to dip below their original cost over time?

Thanks, Eric

dcamp78

Eric,

Welcome to the Darkside! (i.e. foreign coins)

First, I suggest that you turn on your Private Messages so that all messages don't have to be public.
(it's either in Customize or Profile just under the navigation drop down box.)

Second, your image must be hosted on the Web somewhere. When you surf to that site, go to the
address at the top of your Internet browser, highlight the entire URL and press Ctrl-C to copy it.
Then come back to your message, click the 4th button from the left at the top of this box. (looks like a picture)
When you click it, a box will pop up asking for the URL. Click Ctrl-V to paste the URL into this field and
click the OK button. It will then ask you for a label - type in a brief description of what the link is showing.

olmanjon

welcome from another newbie

Zoins

It takes a certain kind of collector to drive up the price of ultra-moderns in slabs, and that kind of collector is typically the registry set collector. From what I've seen, there is not as big of a demand to slab darkside ultra-moderns in the hopes of getting a 70. For that reason, I don't think it will make too much difference for ultra-moderns like the Bob Marley 60th. If you get a 70, there might be some people that want one for their registry but there won't be the same type of feeding frenzy there is for lightside ultra-moderns.

trozau

Cherry pick the best from your lot. Use a loupe (20X or more) to check out the coins. Majority of modern proofs would fall under PF69 designation. As mentioned, the slabbed coins would only be an advantage for registries and there are no existing registries where the Marley coin would qualify. Then again, some like to buy only slabbed coins. Keep the original packaging and offer to send with the slabbed coin for additional incentive to the buyer.

Play I some music
Just some reggae music

skingspan

I just got back from jamaica a few days ago and saw an advertisement in a tourist magazine that these coins were available from a bank in Kingston. I have the silver version but didn't have the opportunity to go to Kingston to pick one up. To answer your question I think that most buyers of this coin would probably want it in its original packaging. Curious as to how much they are selling for on ebay?

smallaxe

Thanks to the group for the welcome and thoughts on grading this marley coin (and tech issues). I will get an outside hosting site for pics in the future. It sounds like the consensus is to sell tham as they are packaged. On Ebay these coins started out in the $500 range (no idea why) but have settled down to about $150 or more. Thanks again, Eric

Madame

IF you need a host for your photos I use Photobucket.com it's free & easy!

theboz11

Welcome to the ForumPosting pictures thread