Message:

<p>[QUOTE=&quot;krispy, post: 1503027, member: 19065&quot;]IF this, IF that... That&#039;s all we see people kicking around. Sure some have and some will make (+/-) that much, but it&#039;s a fraction of owners of these coins that are doing any selling at all. Not everyone can simply expect to flip an OGP set as soon as you receive it and end up with the same results. Aftermarket prices also peak with modern collectibles more often than not when the next hot new thing is dangled before collectors eyes. </p><p><br /></p><p>I&#039;ve tried to demonstrate before to this forum that this perceived 20% isn&#039;t as phenominal as people are want to make it sound. Subtract what you paid retail to get the set from the Mint from out of $184 and what you are left with is a paltry $34 bucks. You can&#039;t make an &#039;investment&#039; out of this, but you might get some lunch money or gas money from selling a set or two. Sellers must also consider the cost of their time for creating the listing, packaging and for item deliver. There&#039;s also the responsibility of reporting sales in ones taxes, making sure to collecting sales tax, getting the parcel to the post office (fuel cost perhaps), hope the parcel arrives safely to the Buyer or the dealer whom it was sold to and wait through a period that there are no issues with returns.&nbsp; </p><p><br /></p><p>These coins are not an<i> investment</i>, in the sense of that word. No matter how many times people post about it in this sub-forum for bullion investing. To attempt to make an <i>investment</i> out of these coins would mean investing in many of these coins and hoping demand drove a premium that was much higher (something approaching more than the value of the bullion you paid for, for starters -- $34 profit does not offset $75 bullion sufficiently) that people were willing to pay for the collectible. However, those seeking to make money off these kind if objects should obviously know that buying too many units of a <i>collector coin</i> drives up the mintage which in turn errodes its aftermarket premium, chances at rarity (which supports the premium) and squashes demand. </p><p><br /></p><p>As I said earlier demand is already soft because the majority of demand was fulfilled by the Mint to Demand concept these were sold by to customers.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in