He talking about ebay flippers I believe that don't have jobs and either flip an item to make $10 or price gouge the unsuspecting/uninformed by selling something that costs $83 for $1200 on a presale, when in all likeliness it will be settling around $250.00 or less in a couple weeks once people have them in hand and think they can cash in like the scammers did and find the market flooded and everyone undercutting everyone else. It was contempt for their choice of a line of work I believe.
They're low for a modern eagle and the first privy. Look back almost a year to the day and all these same comments were made last year about the RP. It's literally kind of running in circles. I don't think they'll hold as strong of a premium, but there will be a significant premium
I'm clinging to the hope that, others besides myself want to make a 2020 V75 privy mark display with the quarters and this SAE as the centerpiece. How many will do that, I dunno. WHY THE MINT DIDN'T JUST DO THAT...... I dunno. As far as "first privy marked SAE" that's a stretch at it adding value besides what I just mentioned as a usage making a 2020 set, it will be the only one unless the mint starts getting stupid about it. there will be a premium, I'm sure of that and I agree with you there. THE 2019 ERP Silver eagle was less than half this mintage. Lowest mintage there's been. This isn't that.
That's significant given it's also a meaningful one with a relatively low mintage for the series regardless. If they had just done one RP it would be worth a lot more, obviously with this privy they can't do a V75 every year so it has to be (or should be) a one off for that one. While I don't predict last years 2kish price I do predict a significant premium over issue price
In case you can not read what is stamped on the back of this BEP portrait card, it says "This portrait is sold by the U S Government for 10 cents and is not to be resold for a larger sum." I believe cards were only stamped like this for a few years around 1950. The irony is that if your card has that stamped on the back, it is worth three or four times the same card without the prohibition for resale over 10 cents.
The stamp is interesting, but is there the force of law (legislation) to back it up? I don't think so.
Interesting observation. In contrast, the BEP reprint prohibition cites the code section: "The copying of this print is restricted by Title 18 U. S. C. which prohibits the unauthorized reproduction in whole or in part,...."
How difficult would it be for someone to make a little V75 "privy stamp" and just start stamping a ton of ASEs? Doesn't look at all difficult to me - but everything looks easy to the person who's not going to do it!
Essentially impossible. Go look at counter stamped coins (which is what that would be) you can tell it's an after market stamp or chop marks on trade dollars ect You could do it, but it would be obvious it's not one of the mint ones
Maybe, but from what I have seen the privy mark is very shallow and a counterstamp of it could be done very lightly which would not disturb the surrounding area or reverse of the coin. I think a convincing fake could be made.
Without even messing with luster? Seems pretty farfetched to me. On the other hand, there's certainly plenty of motivation for people to try -- mess up a standard AGE, and you've got a lump of gold that's worth basically the same amount.
We are aware that these sleep in late flippers also include coin dealers right? Heck some of you probably sit right next to them. The preeminent self proclaimed experts do this every time, load up, offer presale graded stuff by the boatloads then undercut each other all the way to be bottom of the bucket. They still make their dough just long enough for the raw coin bones to float to the top before breaking in half then...oh wait, that was the Titanic