Fractional (w) mint unciruclated gold series to go up?.

Discussion in 'Bullion Investing' started by elaine 1970, Feb 22, 2009.

  1. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    ok what? how do I get the 15% cash back on paypal from bing? do I do a search through bing for gold coins and click on a link that goes to e-bay then buy and collect the cashback after 60 days?

    seriously I want to get this right any help is wanted and appreiciated on this subject.
     
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  3. Paddy54

    Paddy54 Well-Known Member


    1st. do you have a msn or hot mail account?
    2nd. yes go to bingsearch and type in bullion or gold coins
    then it will take you to a page E bay is generaly up top. Next click on it!
    then you'll see a green banner with a gold circle in the circle it will tell you the % cash back. when you go to e bay you should see the green banned on the top of your page with the cash back amount in the circle IE 8% 15 % today it's back to 8 % I just checked. Then find an item you wish to buy ....BUT it must be a BUY IT NOW not auction bid item. make your purchase in a few miniutes you'll get a e mail both to your e mail addy and via E Bay messages that you may get cash back... this depends on one your Pay Pal account and if you have signed up in Msn / Bing for your cash back account. You can do a search and get the instructions . after you buy the item pay in 60 days you'll get the % sent to your Pay Pal account. However if you return the item ..... you'll need to pay Back the amount awarded to you Just remember like the e bay bucks it returned you loose the money or will ahve to pay it back. Like I said you can find all sorts of things not only on e bay but other merchants that are in the program. The amounts vary depending on the store / merchant and any speicals Bing is running . Yesterday I got 15 % once before I got 14 % with a $200 cap per purchase and a $2500 per year....do your math sometimes it's better to buy two and get back like 120.00 and then buy the another for ......another $120 back instead of just making one purchase of 2 and getting back only $200.00 if that makes sense? Also remember you ger e bay bucks too the total between cash Back and your e bay bucks helps save you $$$ IE item at $500 x 8%= $40.00 cash back then you get another 2 % e bay bucks $500.00 x2 %=$10.00 total you'll save $50.00 on a $500. purchase. thus your item only cost you $450.00 I hope this helps like I said I have used the cash back for alot of things I have purchased both on e bay and other web stores.
     
  4. midas1

    midas1 Exalted Member

    I have Verizon and Yahoo! emAIL accounts. Do you prefer msn or hotmail account since I have to open one or the other?

    Which vendors are leligible for bonus bucks rewards? Any vendor in the bingsearch?

    m.
     
  5. Captainkirk

    Captainkirk 73 Buick Riviera owner

    I use ebates.com, they give a smaller %, but they cover many places to shop. Mention my name, I get $5.
     
  6. FlyGuyOG

    FlyGuyOG Junior Member




    Elaine- checked out your retail prices and the 2008 W Eagle 1/4 Oz. These prices are very steep to what ive been seeing on ebay. The slabbed MS 70's are going for about a grand across the board, BIN. Are these the maximum retail prices? Where r u getting your retail prices from? The current grey sheets have them rated at $840. Also wanted to know what your opinion was on how these coins are influenced on the POG since these are "bullion" nusismatic coins. Wow thats an oxymoron wasn't it?...
     
  7. elaine 1970

    elaine 1970 material girl

    never believe that the cdn newsletter is perfect. some or many issues were not up to date or price change. some even have to wait for few issues in order to update. other magazines, books and newspapers were even worst. why? because it is business. how much you pay them for an issue. do they have to tell you everything?. they too might be dealing with buying and selling coins. or dictated by some big dealers or institutional investors which pay them as well.
     
  8. FlyGuyOG

    FlyGuyOG Junior Member

    Your explanation still doesn't explain the thousand dollar e bay prices. Still haven't gotten an anwser as to where you get YOUR figures from... Your right, should never beleive the prices forecasted are perfect, including yours.

    P.S. its not very exspensive.
     
  9. FlyGuyOG

    FlyGuyOG Junior Member

    wow the thread simply dies after I call out Elaine...not even a dead cat bounce!
     
  10. JJK78

    JJK78 Member

    It does not take a rocket scientist to figure out where some numbers come from... just go check Ebay's completed listings.
     
  11. FlyGuyOG

    FlyGuyOG Junior Member

    I did! If you read back just a couple of comments ago on this thread i asked Elaine why her numbers are 50% higher than whats fetching on ebay. No anwser still:vanish:. If her numbers are correct :rolleyes: we can call make a 50% profit on ebay right now!
     
  12. krispy

    krispy krispy

    FlyGuyOG: I don't think the thread died after you posted your inquiry. I have been waiting for a response to your question as well. Know that Elaine recently relocated abroad and stated in some other threads that she would be on the forum a lot less and monitoring far fewer threads that she started, and then only when time permitted. Likewise her prescience on the threads usually coincides with larger upward movements in the precious metals markets (cheerleading PMs rise), Mint product repricing due to PM volatility and the semi-frequently published Mint sales figures (a.k.a. 'mintage' figures). With that said, you are correct to question her figures as she often makes errors in transcribing data, so it takes everyone watching to keep track. Her track record seems to be rather good considering the occassional errors. Myself included, I have had a lot of doubt at first regarding her figures and questioned the sources (as they are always uncited) for such information to which little has ever been provided outside of the commonly known online sources or the CDN.
     
  13. JJK78

    JJK78 Member

    Well you can read back through this very thread (EDITED: may have been another thread - gold buff maybe?) and see that I questioned her just the same as you and pretty much got the same thing. You also have to remember that "right now" was almost a month ago when the last update was posted. I tried to check Ebay but can only manage to see completed listings back to the 15th but I definitely remember some $10 eagles going for $1200+ and that is just Ebay. If you have an anxious buyer at a coin shop or show then I could definitely see someone paying the higher prices quoted...

    Some numbers may be a bit high but gold was also +$100oz higher and the "final numbers" had just been released causing an uproar and I saw people paying ridiculous prices for these OVERNIGHT. Since then Ebay has been flooded with people trying to make quick money, Gold has dropped and the 08 mintage numbers are no longer front page news so it is no suprise to see prices slipping some.

    I just hope the 2008 W series all start to dissapear from Ebay and get into collectors hands. With 3/4 coins in the set being lowest mintage's yet hopefully these will dry up from the market in the next few years and the price will double a few more times!
     
  14. FlyGuyOG

    FlyGuyOG Junior Member

    Krisp:

    I appreciate this comment. Truth be gold, err i mean told, until I came across this website and checked out Elaine's threads and comments I never really had ANY clue about these "W" marks, making these coins "instant classics" and now possess highly respectable nuismatic value. I'm your typical bullion guy. I like to keep things basic. But these coins do fascinate me. I just thought it was a bit strange how some bullion guy like me could ask such a simple question and not get ANY response by the "Queen Bee" of the entire bullion discussion forum. Elaine you gotta back that up!

    Indeed Elaine's insights are apprecatiated. I feel she is making an intuitive approximation that the numbers she supplied are not going to be far off in the near future. As for right now they very well could be bargains. Maybe they just arn't mainstream yet. These W coins are the real deal. They are RARE. This is the name of the game. 2008 was a freakish economic year as well as a crazy mint year. I've never heard of the mint putting out incorrect figures, then coming up w/ new mintage numbers that are even lower! Doesnt feel like this is going to happen again for quite some time. The key dates have been established for the entire Eagle Series as well as the Buffalo. They are not putting out any 2010 W anything next year.

    Another beef: A lot more of the W coins can be said over the other "nusicmatic bullion" coin: the UHR. Sorry guys, I just don't see this coin being that big of a deal with over 100,000 minted. Sure its out for only one year , but who really gives a rats ass? ITs a beautiful coin no doubt, but it ain't RARE. How can this be worth a $350 premium? The mint is here to make money and isn't interested in gyping itself last time I checked.
     
  15. FlyGuyOG

    FlyGuyOG Junior Member



    Yeah man we'd be complete suckers if we don't challenge these numbers! Really makes you think more when no response is given. Either She obviously doesn't like being challenged, or it was a coinsidence that she got busy and no longer writes here nearly as much.

    Very valid point that the novelty is wearing off now and the POG has come down 125 off its peak. Maybe now would be a good time?

    I agree they market could very well dry up and bring these coins into the stratisphere. I did splurge on got that 2008 W 1/4 oz eagle. This series is America's bullion coin! This is the key size and date. Huge bragging right that will stand the test of time. Thats just what I'm thinking. Would love to hear other insights.

    Fly
     
  16. krispy

    krispy krispy

    Well, perhaps speed has a lot to do with her replies, as she maintained scores of threads simultaneously, plus there's the time to invest in writing in English ,which doesn't seem to be her first language. So I don't think she want's to do the extra leg work writing out lengthy explanations, which is a shame, IMO.

    Yeah.

    Honestly, the numbers will take years to finalize for publications to actually report them accurately. Look at the RedBook for coins, the last several years are still not reported/known. The number very well can dip back. The Mint may get a lot of coins with defects returned by dealers or dealers not take delivery of their bullion despite anticipated orders. The Mint could release some data strategically for the market, but down the road, adjust to reflect actual sales/mintages for release. Who knows...?

    A lot of folks give a rats arse actually... 112,000+ sold! Yep, that's a whole lot of them puppies out there and they will be bullion in the eyes of dealers and many collectors for years but to me that's a good thing. Let people undervalue them and cast them off as bullion, don't take care of them, send them off to the melting pot... down the road they will be collectible and raise in value, especially if the hobby grows or YNs now mature and desire them. I think they have a potential and I never play that mintage game where you only collect what seems the lowest for the highest value coins. Collecting isn't that rational and that system may work at times, but in moderns it really seems to peak and die quickly. After the dust settles I think high quality bullion coins, despite mintages currently reported, have potential. Not all of them, but the UHR, to me, has that in it. IMHO.
     
  17. FlyGuyOG

    FlyGuyOG Junior Member

    Perhaps your right. I would be a fun buy. at least its worth an ouce of gold. I am concerned about the high mintage. But like you said, who says the market has to be rational?! These coins are of the most beautiful coins ever minted IMHO. I wouldn't mind having one at all, however I can't justify it with that kind of premium.
     
  18. krispy

    krispy krispy

    I think you can find them from dealers not too far off for close to melt, perhaps even TPG slabbed, and easily in a 69 or 70 since a huge amount of these coins are grading that way. If anything, graded examples, if any, in the 64 - 68 range might our perform the 69s and 70s since populations are so huge. If you get a good deal on one from a dealer or auction and want to pick up the box and book, just peruse ebay since a lot of people sell the packaging there after grading the coins. I don't really put any value in the mint packaging but some people do and down the road those with original packaging (even if slabbed) may also do well, for resale. Nothings definite, just something to consider.

    I wouldn't worry about the Mint closing sales on the UHR tomorrow. Don't pay the Mint premium, wait a bit, then go through a secondary market dealer you trust.
     
  19. FlyGuyOG

    FlyGuyOG Junior Member

    I am a bit skeptical. Based on my experience with the UHR, the dealers are asking for way MORE than the mint's price. It would be difficult to get the UHR for less than the mint b/c the deals most likely got it at the mint themselves and wouldn't want to sell it below the cost they got it for, even if the POG goes down. I have YET to see a UHR at bullion value. If you find one let me know!

    Not so sure about the ms 64-68 being worth MORE:bigeyes::rolleyes:. If they are worth more wouldn't we all be taking our ms 70's and 69's out and fondle them a lil and have them go UP in value? Never heard of this...maybe you know something I don't??:stooge:
     
  20. krispy

    krispy krispy

    I hear you! Definitely, don't buy them now. I think the opportunity lies in wait for collector opinion to almost entirely turn against the UHR as just a bullion coin, that's when I see original packaged UHRs and slabbed UHRs dropping closer to bullion, esp. if gold keeps heading up and the demand on ounces continues on the market, that's when I see the opportunity to buy UHRs without the steep premiums you see now. IMO.

    It may be possible given that there could be fewer coins graded in the lower range, low populations of TPG grades there. No guarantee that it will bring a premium of course.
     
  21. FlyGuyOG

    FlyGuyOG Junior Member

    Yeah these coins are definatly winners / classics in the making. I can picture these coins "evaporating" from the market and into collectors hands. The collectors do not wish to sell them even at these prices. I just picked up my 3rd $10 2008W and it feels pretty good to have the key date 3x over :cool:

    The prices are cooling off just a bit, BUT I can easily see them shooting back up again as word gets out. They are just going to have to get front page on coin world magazine and it will be allll over.

    Yeah you simply CANNOT find these coins! Maybe if your willing to pay the nutty money on ebay, then sure. But try calling up a local shop...

    Anybody else on this forum looking for these coins but can't find a dealer with them. Exerpiences and insights would be apreciated.
     
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