Ultra High Relief~US Mint or Ebay?~

Discussion in 'Bullion Investing' started by clembo, Oct 15, 2009.

  1. clembo

    clembo A closed mind is no mind

    I saw this one coming folks so here it is.

    Today the mint raised the price of the Ultra High Relief to $1439. Nearly $400 over current spot for an ounce of gold.
    They've produced plenty of them and the "high grade" numbers just keep increasing.

    So I did a bit of digging on ebay and I found this auction that ended 4 days ago.

    http://cgi.ebay.com/2009-Ultra-High...mQQptZCoins_US_Individual?hash=item20ad86bc10

    Now isn't that something? You can get an NGC slabbed MS69 with all the trimmings for less than the mint price if you play your cards right.

    Now it IS a nice looking piece but you know what it really is? A terribly overpriced ounce of gold.

    Had the mint not raised the llmit from the original ONE it might be a different story.
     
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  3. Info Sponge

    Info Sponge Junior Member

    Do you see that as reflecting market conditions, or as a result of the fact that the seller had only 20 transactions worth of feedback and a "no returns" policy?
     
  4. BNB Analytics

    BNB Analytics New Member

    Just go with the mint. Safer.
     
  5. leaderseven

    leaderseven New guy

    That increase makes me glad that I bought mine back in March!
     
  6. BNB Analytics

    BNB Analytics New Member

    I got mine for 1290. Woohoo!
     
  7. leaderseven

    leaderseven New guy

    I paid $1239 for one and $1189 for the other.
     
  8. BNB Analytics

    BNB Analytics New Member

    Ah $1239 that's what I paid. Thanks for reminding me.
     
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