Thread: Coin trading cards - Ebay item for sale

Not sure what to make of this Ebay item for sale:

http://cgi.ebay.com/ws/eBayISAPI.dll...m=130711113088

$20 per card? Most of the real coins can be gotten for less than that.

Originally Posted by rickmp

$20 per card? Most of the real coins can be gotten for less than that.

+1

imagine getting them graded by one of the card graders.... HSN here we come!!

Originally Posted by rickmp

$20 per card? Most of the real coins can be gotten for less than that.

$2,000,000 divided 10,000,000 cards equals $0.02 a card, $2 a pack.

I think these would be kind of cool if they would have the coins on the cards in different conditions. That way for a wheat cent, in order to collect them all, you would have to get one in G, VG, F, VF, etc. You could then also use them as an example when grading your own coins!

Originally Posted by rickmp

$20 per card? Most of the real coins can be gotten for less than that.

This auction throws crazy numbers at ya... the title reads 10,000,000 packs of 10, which equates to 100,000,000 cards for 2 million dollars, but the auction description says 1,000,000 packs of 10 at $2.00 a pack, which is twenty cents a card. Plus they have an "adder" at the top of the description "this is for a 50/50 partnership". Out of my price range either way.

Originally Posted by jloring

This auction throws crazy numbers at ya... the title reads 10,000,000 packs of 10, which equates to 100,000,000 cards for 2 million dollars, but the auction description says 1,000,000 packs of 10 at $2.00 a pack, which is twenty cents a card. Plus they have an "adder" at the top of the description "this is for a 50/50 partnership". Out of my price range either way.

I think that they are advertising an investment opportunity in the production of the cards, not purchase of card packs. Or, I could be wrong. It doesn't sound like a particularly great idea to me, but then again, I never woulda thought that Pokeman cards were a good idea either.

Originally Posted by elijahhenry10

$2,000,000 divided 10,000,000 cards equals $0.02 a card, $2 a pack.

I think these would be kind of cool if they would have the coins on the cards in different conditions. That way for a wheat cent, in order to collect them all, you would have to get one in G, VG, F, VF, etc. You could then also use them as an example when grading your own coins!

I don't know why, but I read it as 10 thousand packs. Mea culpa.

$20 per card? Most of the real coins can be gotten for less than that.

Oops

$2,000,000 divided 10,000,000 cards equals $0.02 a card, $2 a pack.

Oops again. Got the price per pack right, but $2 per pack divided by 10 cards per pack is 20 cents per card.

This "auction" is a venture capital search. They had this idea back in 2007 but couldn't raise the $2 million to get it off the ground. Now they are looking for someone to put up the whole $2 million and for that they will give them HALF interest in the project.

I have no objection with trading cards as I do collect them. (Sports and hand drawn comic cards) If that business being a green light and put into marketing, then I might buy some packs. (To see if I am lucky enough to pull prize card) However, my believe that concept of coin collecting stay as metal collection and cards collection stay as paper collection. I don't think both should mixed together. Maybe I am old school mind, but it's my opinion.

Originally Posted by Conder101

Oops


Oops again. Got the price per pack right, but $2 per pack divided by 10 cards per pack is 20 cents per card.

This "auction" is a venture capital search. They had this idea back in 2007 but couldn't raise the $2 million to get it off the ground. Now they are looking for someone to put up the whole $2 million and for that they will give them HALF interest in the project.

Whoops! Your doing good at picking out my mistakes today!!

Originally Posted by Conder101

This "auction" is a venture capital search. They had this idea back in 2007 but couldn't raise the $2 million to get it off the ground. Now they are looking for someone to put up the whole $2 million and for that they will give them HALF interest in the project.

This.
And it's an odd way to look for investors. I wouldn't think ebay is the place to find an investor in that range. But I'd love to see these guys on Dragon's Den.
We do a Growth Capital event at work once a year, I always have to tech it. It's like Dragon's Den or Shark Tank, but way longer and much more boring. Mostly medical stuff.

With that said, I'd maybe buy a pack of these for the novelty, but I don't see something like this ever taking off.