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<p>[QUOTE=&quot;krispy, post: 1483795, member: 19065&quot;]I&#039;m not interested in a quick buck, playing fellow collectors to obtain it in the manner you suggest, nor did I say 100% was &quot;the bar&quot;. I said earlier for Danr to report back when the price had doubled, but he came back sooner with something not all that remarkable from his slightly earlier <i>price watch post </i>that I had commented on. </p><p><br /></p><p>While your suggestion of 23% may sound like a lot to folks flipping a few collectibles, it&#039;s peanuts compared to actual investing in the markets you drew that comparison to. &quot;Investing&quot; in coins is something that has surely burned any number of people over the years such that most collectors recite it like a mantra, not to do it. Furthermore, unlike the stock market, flipping of modern collectible coinage doesn&#039;t have the component of time that one can operate in with the stock market. These coins are a flash in the pan and in a few weeks, the opportunities pay out far less than does disciplined investing. </p><p><br /></p><p>That $35 dollars over retail ($149.95 to approx $185 figure you gave us), isn&#039;t much when you factor in the things you left out of your equation, mainly one&#039;s time, what it&#039;s worth and the expense you can tally after considering time spent creating the listing, tending to seller:buyer communications, time spent packaging the items once they arrive, and delivering it to the post office (often incurring fuel expense to get to a PO). </p><p><br /></p><p>As I&#039;ve said before, after all the &#039;effort&#039; is <i>spent,</i> the return isn&#039;t that great, which is why I point out the cheerleaders of these things who are so eager to consider a few extra bucks over retail is a killing, let alone one that is outperforming world markets that are infinitely more capable of ROI, offering diversity and providing long term options for building wealth. These coins are basically feeding you for a day, and chasing a quick buck isn&#039;t learning how to fish, as the proverb recommends one do.</p><p><br /></p><p>Furthermore, since &#039;the guy hasn&#039;t paid or gotten them in yet&#039;, having choosen to deal through eBay, he still stands to loose a customer who may reneg on the deal, no matter the obligation or moneies paid in advance, as flightly buyers are want to do on eBay. This may and does happen in the time before Sellers can deliver the item. Some buyers come to realise they made a bad decisino buying at these early levels as some coins fall off quickly in coming weeks. Some buyers may find another auction priced less and pull out of one completed transaction to save a few bucks on another. Or for any other reason Buyers decide they are going to change their minds and leave the Seller hanging. It&#039;s far from a quick buck, especially when no one has the product in-hand yet.</p><p><br /></p><p>Similarly, the Seller is waiting to get the products that are on back order from the Mint, a supposedly understood componet of the deal they make with a Buyer on eBay. But the Seller is still waiting with money tied up in the product from the Mint, holding the Buyers funds and hoping the Mint/PBGS/and FedEx/USPS/UPS will delive problem free coins unscathed during shipping. Then the original buyer cum eBay Seller, must turn the parcel around to the eBay Buyer, whom they can only hope and pray will be satisfied and not pull any antics, and can only hope and pray the carrier will get the parcel to the Buyer safely.</p><p><br /></p><p>While many of these details of what could go wrong are remote, they are plausible and do occurr. Weigh that against the $35 or 23% profit some are eager to swallow up and it really doesn&#039;t amount to as much as you <i>think </i>you&#039;re pulling in... lastly, don&#039;t forget you are required to report sales made on eBay to the taxman. </p><p><br /></p><p>I&#039;m not apologethic to those who feel I&#039;m too critical about this, and those who think that &#039;my bar&#039; is too high or my level of perceived risk too strict, because it&#039;s far more common that we hear about problems like these occuring than I am willing to applaud and suggest others medel with stick their nects out because some pom pom waving collectors reached for the brass ring in a short window of &#039;opportunity&#039; and paint themselves champions of the markets. If it was that profitable, individuals wouldn&#039;t stand a chance. We already see their hype tweaked by certain coin companies who do the same thing. When companies seize the opportunity and exploit the profit on mass volume these threads light up with crying collectors who got beat out, just as happened with the buy out offers and companies that exploited the house hold ordering limits on the A25 set. </p><p><br /></p><p>So why would 100% profit be better you ask, because it would be 72% higher than the 23% you were willing to accept and had sold out for netting a far smaller profit than you actually figured it to be, devoid of time, risk, income reporting and the limited amount of time you gave your &#039;investment&#039; to materialize a profit, IF the after-market even ever decides to agree there is such value (premiums) to be maintained for this product. If it turns out like a 2009 UHR, then you sold out this new product too short for 24% and your boasting of beating the market was a bunch of hooey when that happens. </p><p><br /></p><p>All I am doing is offering a reasoned balance and caution to the cheerleading of price watchers. Many can&#039;t handle the criticism and take such replies personally, but it&#039;s not meant that way.[/QUOTE]</p><p><br /></p>

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