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<p>[QUOTE="krispy, post: 774882, member: 19065"]Buzzard:</p><p>First Strike means nothing, :desk: it's a marketing tool and was put on a label to sell a bullion coin that NGC didn't give a grade to. It's just a bullion coin in a protective ecapsulation.</p><p><br /></p><p>What's "key here" is having overpaid for <i>this</i> coin in a plastic holder with a meaningless NGC label.</p><p><br /></p><p>Yes, the OP didn't pay THAT much over spot for a one time purchase.</p><p><br /></p><p>If the OP tried to sell this coin immediately to a bullion dealer he might (if lucky) get an offer of $17.50 for the coin. His $23.21 investment* would immediately be a loss of $5.71. Multiply a few eBay coins bought this way and later sold, bulk or individually, and you are not making any decent return, not until Silver has spent a good deal of time rising in spot price above the OPs start price(s).</p><p><br /></p><p>*I use 'investment' since this is only a bullion coin.</p><p><br /></p><p>That one can find Buyers on eBay overpaying for this coin (or anything) isn't much of a measure of success in this "How'd I Do!!" The OP did do better than some who have been known to have paid drastically more.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 774882, member: 19065"]Buzzard: First Strike means nothing, :desk: it's a marketing tool and was put on a label to sell a bullion coin that NGC didn't give a grade to. It's just a bullion coin in a protective ecapsulation. What's "key here" is having overpaid for [I]this[/I] coin in a plastic holder with a meaningless NGC label. Yes, the OP didn't pay THAT much over spot for a one time purchase. If the OP tried to sell this coin immediately to a bullion dealer he might (if lucky) get an offer of $17.50 for the coin. His $23.21 investment* would immediately be a loss of $5.71. Multiply a few eBay coins bought this way and later sold, bulk or individually, and you are not making any decent return, not until Silver has spent a good deal of time rising in spot price above the OPs start price(s). *I use 'investment' since this is only a bullion coin. That one can find Buyers on eBay overpaying for this coin (or anything) isn't much of a measure of success in this "How'd I Do!!" The OP did do better than some who have been known to have paid drastically more.[/QUOTE]
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