2018 coins going for almost $1000.00?

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quarinteen
quarinteen Posts: 68 ✭
in U.S. Coin Forum

Can someone explain why anyone would pay almost $1000.00 for 2 2018 dimes and 2 2018 nickels?

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  • quarinteen
    quarinteen Posts: 68 ✭
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    The picture didn’t get attached.

  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    Not me, can't tell you why.

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Timbuk3
    Timbuk3 Posts: 11,658 ✭✭✭✭✭
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    Yikes !!! :s

    Timbuk3
  • Unknown
    Unknown
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  • CoinCrazyPA
    CoinCrazyPA Posts: 2,899 ✭✭✭✭
    edited September 24, 2018 4:01PM
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    Reminds me of the saying, A fool and his money are soon parted.

    Positive BST transactions: agentjim007, cohodk, CharlieC, Chrischampeon, DRG, 3 x delistamps, djdilliodon, gmherps13, jmski52, Meltdown, Mesquite, 2 x nibanny, themaster, 2 x segoja, Timbuk3, ve3rules, jom, Blackhawk, hchcoin, Relaxn, pitboss, blu62vette, Jfoot13, Jinx86, jfoot13,Ronb

    Successful Trades: Swampboy,
  • bugbit
    bugbit Posts: 155 ✭✭✭
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    Ouch

  • Unknown
    Unknown
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  • Crypto
    Crypto Posts: 4,098 ✭✭✭✭✭
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    If someone clicks 999$ I bet they find more

    11.5$ Southern Dollars, The little “Big Easy” set

  • morgansforever
    morgansforever Posts: 8,512 ✭✭✭✭✭
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    No different than those buying 2018 silver proof sets for $10 more than Mint issue price. Available right now for $49.95.

    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • ShipwreckCoinHunter
    ShipwreckCoinHunter Posts: 1,990 ✭✭✭✭✭
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    $999 FOR A FEW CENTS WITCH ARE AROUND FACE VALUE IF NOT A DOLLARS OR FEW CENTS MORE!!!!!!!!!!!!! YIKES!! This person is eather making a joke, pretending to be dum, or is dum. Hopefully no one will pay 999 for a few modern cents worth a few dollars.

  • U1chicago
    U1chicago Posts: 6,993 ✭✭✭✭✭
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    @jmlanzaf said:
    NONE were sold at that price. Click on the sales. They sold for $3.45. The seller just upped the price to $999, maybe they are out of inventory.

    This here is the reason. It’s done by many sellers to keep their listing active (especially if many people are on the watch list) while the seller restocks inventory.

  • jmlanzaf
    jmlanzaf Posts: 43,048 ✭✭✭✭✭
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    @Crypto said:
    If someone clicks 999$ I bet they find more

    Well, you do get $99 in eBay bucks if you buy now!

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • ShipwreckCoinHunter
    ShipwreckCoinHunter Posts: 1,990 ✭✭✭✭✭
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    Yup at least it’s 888 if you include the eBay bucks 😂

  • jtlee321
    jtlee321 Posts: 2,367 ✭✭✭✭✭
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    Have you seen the Netflix show 'Ozark'?

    @saltlydog4 said:
    money laundering? i cant think of a single, legal reason why anyone would do this.

    This was exactly my first thought. Although it would be a foolish way to do any large amount of laundering.

    Justin Lee Numismatic Photography



    image
  • batumi
    batumi Posts: 936 ✭✭✭✭
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    It probably wouldn't be too difficult to negotiate a hundred dollars off of that price!

  • MrEureka
    MrEureka Posts: 24,777 ✭✭✭✭✭
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    @batumi said:
    It probably wouldn't be too difficult to negotiate a hundred dollars off of that price!

    Please let us know how that goes for you!

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ms70
    ms70 Posts: 13,958 ✭✭✭✭✭
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    This is the first time I ever saw a double window 2x2.

  • jmlanzaf
    jmlanzaf Posts: 43,048 ✭✭✭✭✭
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    @ms70 said:
    This is the first time I ever saw a double window 2x2.

    There's actually triple window 2x2s

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    That must be an inventory ploy as stated above.... I cannot imagine even a new collector making such a foolish buy... Cheers, RickO

  • bugbit
    bugbit Posts: 155 ✭✭✭
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    @jmlanzaf said:

    @ms70 said:
    This is the first time I ever saw a double window 2x2.

    There's actually triple window 2x2s

    They r nice for p,d,s of same year dimes

  • COCollector
    COCollector Posts: 1,428 ✭✭✭✭✭
    edited September 25, 2018 12:07PM
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    It's a "marketing strategy":

    Step 1. Sell a bunch of nickel and dime sets for a few dollars each. This gets you a legitimate tag (e.g., "180 Sold").

    Step 2. Bump the price to $999. The "180 Sold" tag remains.

    And there must be at least one gullible customer that will "Buy 3 Get One Free".

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, jacrispies, coin22lover, coinsarefun, jwitten, CommemKing.

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