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I had to post this as I think it is absolutely ridiculous!!!
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<p>[QUOTE="princeofwaldo, post: 1257676, member: 24091"]I recently sold-off one of the WTC coins on eBay and the results were frankly kind of disappointing. Was a 2001 Quarter Ounce Gold Eagle in a PCGS holder, -technically a Collectors Universe holder- and I thought with the anniversary coming up now was the time to unload it. I had originally purchased it from a coin dealer who had nothing but contempt for the piece and its packaging, which for me meant I got the coin for $25 over melt. This was about 3 years ago, so I was certain to make some money on the coin if only because bullion has risen so much.</p><p><br /></p><p>You can imagine my excitement to see similar pieces without the 2001 date on eBay with Buy-It-Now prices over a thousand. Most of them seemed to be 1999. And so I threw it on eBay starting at a dollar since I didn't want to imply what I thought it was worth, and it sold for $545.00 in a 10-day auction. After eBay and PayPal took their graft, I was left with barely $475 for a coin that I thought would fetch at least, at the VERY LEAST, something like $750. Looking back on it, I probably should have listed it as a Buy-It-Now myself, but I wanted to unload the thing and didn't want to wait around months waiting for it to sell. If you click on completed auctions after searching on WTC you will see that the coins really don't sell that well, certainly not at the prices that most people who own them think they're worth. And then after a month or two, one of them will sell for an outlandish amount, --say a proof 1984 Krugerrand for $3800-- and it gets everyone to thinking theirs will sell for idiot money too if they just wait long enough. Link to my auction:</p><p><br /></p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F190551535317" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F190551535317" rel="nofollow">http://www.ebay.com/itm/190551535317</a>[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1257676, member: 24091"]I recently sold-off one of the WTC coins on eBay and the results were frankly kind of disappointing. Was a 2001 Quarter Ounce Gold Eagle in a PCGS holder, -technically a Collectors Universe holder- and I thought with the anniversary coming up now was the time to unload it. I had originally purchased it from a coin dealer who had nothing but contempt for the piece and its packaging, which for me meant I got the coin for $25 over melt. This was about 3 years ago, so I was certain to make some money on the coin if only because bullion has risen so much. You can imagine my excitement to see similar pieces without the 2001 date on eBay with Buy-It-Now prices over a thousand. Most of them seemed to be 1999. And so I threw it on eBay starting at a dollar since I didn't want to imply what I thought it was worth, and it sold for $545.00 in a 10-day auction. After eBay and PayPal took their graft, I was left with barely $475 for a coin that I thought would fetch at least, at the VERY LEAST, something like $750. Looking back on it, I probably should have listed it as a Buy-It-Now myself, but I wanted to unload the thing and didn't want to wait around months waiting for it to sell. If you click on completed auctions after searching on WTC you will see that the coins really don't sell that well, certainly not at the prices that most people who own them think they're worth. And then after a month or two, one of them will sell for an outlandish amount, --say a proof 1984 Krugerrand for $3800-- and it gets everyone to thinking theirs will sell for idiot money too if they just wait long enough. Link to my auction: [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F190551535317"]http://www.ebay.com/itm/190551535317[/URL][/QUOTE]
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I had to post this as I think it is absolutely ridiculous!!!
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