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Buying extremely valuable coins... a good investment?
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<p>[QUOTE="JBlade00, post: 1461349, member: 37468"]My experience is relatively low, however it didn't make much sense that the coin was being offered for $20k less than the last known auction (with Buy it Now). I would think they would try and go to auction with it (heritage, etc...) where the sale of higher value coins might realize more towards their true value. I think that $50K+ is probably too much for that coin to begin with, however I don't think ebay is the best place to get true value. Additionally, I don't know that the person on ebay is even the one who got it from Heritage... They might have bought it from that person at an even lower cost and are making a profit at $35k.</p><p><br /></p><p>However, it is interesting to note that the coin in question was removed from ebay not long after it was entered. Not sure if they realized the price discrepancy or something.</p><p><br /></p><p>I wouldn't say that I'm necessarily in the market for this type of expensive coin, at least not right now. Does anyone here actually have experience in the subject (ie: buying and trying to sell coins of this cost years later) or is everyone mostly speculating?[/QUOTE]</p><p><br /></p>
[QUOTE="JBlade00, post: 1461349, member: 37468"]My experience is relatively low, however it didn't make much sense that the coin was being offered for $20k less than the last known auction (with Buy it Now). I would think they would try and go to auction with it (heritage, etc...) where the sale of higher value coins might realize more towards their true value. I think that $50K+ is probably too much for that coin to begin with, however I don't think ebay is the best place to get true value. Additionally, I don't know that the person on ebay is even the one who got it from Heritage... They might have bought it from that person at an even lower cost and are making a profit at $35k. However, it is interesting to note that the coin in question was removed from ebay not long after it was entered. Not sure if they realized the price discrepancy or something. I wouldn't say that I'm necessarily in the market for this type of expensive coin, at least not right now. Does anyone here actually have experience in the subject (ie: buying and trying to sell coins of this cost years later) or is everyone mostly speculating?[/QUOTE]
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