PCGS First Strike® 2007-W $100 APE Sells Below Melt

FLBuffaloHunter

If your looking to buy platinum bullion, looks like eBay is the way to go!

Link

jmski52

Note to self - "Never list a Plat in an ebay auction that expires when the new Plat issue is due to be released on the same day."

Goldbully

<< <i>If your looking to buy platinum bullion, looks like eBay is the way to go!

Link >>



This one is not much of an improvement....eBay Link

BECOKA

<< <i>

<< <i>If your looking to buy platinum bullion, looks like eBay is the way to go!

Link >>



This one is not much of an improvement....eBay Link >>



Heck after fees it is break even with melt. That's actually pretty good.

I would love to sell my 2006 Proof for $1675.

wondercoin

"If your looking to buy platinum bullion, looks like eBay is the way to go!"

Wait- don't forget TT either!!



Wondercoin

Cameonut

Two data points don't yet prove a trend, but maybe people won't pay a premium for a First Strike designation.

timber100

How about his one, it killed me screwing up and missing this as I was looking for a MS70 at a nice price.


Text

timber100

Sorry, screwed up the link, maybe this will work

link

Russ

<< <i>Two data points don't yet prove a trend, but maybe people won't pay a premium for a First Strike designation. >>



Very few coins actually bring a premium for the First Strike™ designation these days.

Russ, NCNE

Rarity

I paid $1495 to acquire the coin from the Mint and I'm happy that my coin is still in OGP.

IrishMike

<< <i>

<< <i>Two data points don't yet prove a trend, but maybe people won't pay a premium for a First Strike designation. >>



Very few coins actually bring a premium for the First Strike™ designation these days.

Russ, NCNE >>



I hope you are right and that it continues that way.

fc

i love how no one used the term coin in this whole thead. LOL.

depending on the price it turns back into bullion like cinderalla at midnight!

FLBuffaloHunter

<< <i>I paid $1495 to acquire the coin from the Mint and I'm happy that my coin is still in OGP. >>


I would rather have a PCGS MS70 than a raw coin in OGP anyday, you can always crack the coin out and return it to the OGP, but you can't always do the opposite

FLBuffaloHunter

<< <i>

<< <i>Two data points don't yet prove a trend, but maybe people won't pay a premium for a First Strike designation. >>



Very few coins actually bring a premium for the First Strike™ designation these days.

Russ, NCNE >>


The First Strike® 70's are the ones that command a premium, there are far too many First Strike 69's for them to bring a premium.

Russ

<< <i>The First Strike® 70's are the ones that command a premium >>



All MS70's command a permium.

Russ, NCNE

FLBuffaloHunter

<< <i>

<< <i>The First Strike® 70's are the ones that command a premium >>



All MS70's command a permium.

Russ, NCNE >>


Very true for PCGS graded coins, however my experience is the First Strike® designation will usually bring at least a 10% premium over the non First Strike® 70 of the same coin. With the PR70's the premium is usually even larger. For the additional $10 fee, I know which one I would rather have.

Griv

The market is very soft and I would NOT recommend selling anything right now. I say buy, buy, buy and one reason is that people are scared. They should be but the problem is that platinum is the least of their worries so buy during the frenzy and with platinum at 2K by next summer you will be very happy you did. Just do not sell now, unless it's to me.

jmski52

i love how no one used the term coin in this whole thead. LOL.

depending on the price it turns back into bullion like cinderalla at midnight!

Let me think real hard......hmmmmmmmm........bullion........coin.........

..........bullion...........coin...........

Ah hah! Now I understand..........

If bullion goes up, I win! If my platinum proofs, or uncs, or burnished uncs, or reverse proofs go up, I win again!

And in the meantime, I get to look at nice stuff that isn't worn down on all of the high points, still has 100% original luster, and isn't known to be heavily counterfeited like the worn-out, washed-out, over-priced junk gold that they call "classic".

Oh, here's a coin with actual, original gold surfaces:

fc

Oh, here's a coin with actual, original gold surfaces:

i was not trying to bash the darn things but simply making an observation.
the people who talk about these things call them a coin one moment
and bullion the next depending on price.

but then you get all defensive... heh

53BKid

So, with about $55 in final value fees to eBay, and about $50 in Pay Pal fees, the net on the sale would be about $1333.

Cost for regular submission $30, First Strike another $10.

So all in more than $200 below melt net of fees.

Just wait to see prices of the 10th Anniversary Plats come February!

jmski52

i was not trying to bash the darn things but simply making an observation.
the people who talk about these things call them a coin one moment
and bullion the next depending on price.

I wasn't bashing anything either. I was dead serious.

FLBuffaloHunter

<< <i>So, with about $55 in final value fees to eBay, and about $50 in Pay Pal fees, the net on the sale would be about $1333.

Cost for regular submission $30, First Strike another $10.

So all in more than $200 below melt net of fees.

Just wait to see prices of the 10th Anniversary Plats come February! >>


He would have been better off cracking it out and shipping the coin to Kitco instead of the buyer. They are currently paying $1,472 to buy 1OZ APE's and all it would have cost him is about $20 in shipping the coin to Kitco. He probably could have sold the coin at melt to a coin shop too.

53BKid

Bet they'll be a lot of those transactions once the 10th APEs are released.

FLBuff, have you ever sold to Kitco?