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Will the new economy effect the future value of numismatics?
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<p>[QUOTE="Juan Blanco, post: 1613732, member: 41665"]jeffb-</p><p>You misunderstood me. I'm well aware the auction I posted isn't over. (Of all NorFeds, I think it the most beautiful - consider it the Rolls-Royce, so to speak. It SHOULD sell at the highest premium.) And I won't be upset if someone here snags it for $120, either.</p><p><br /></p><p>Fact is, the last time this type coin (gold-plated 2007 Hawaii Dala King Kalakaua 1oz Norfed) sold, it was <b>$405</b>. and <b>$455. </b>Now, common Norfeds NOW are selling (IF they can) for 2x Spot, waaaaaay down from 2008 and even November 2012. The premium has plummeted. </p><p><br /></p><p>We shall see what this 'Rolls-Royce' sells for next week AND how many bids is gets. (Then await <i>the next </i>bell.) Under $200? Cancelled auction? If your Herbalife stock lost 50% of its value in two months - or couldn't be 'sold' publicly! - how would you respond? Shrug, "I'm just a stock collector, after all." No - <i>collector values </i>are the topic and that particular dodge is not permitted.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1613732, member: 41665"]jeffb- You misunderstood me. I'm well aware the auction I posted isn't over. (Of all NorFeds, I think it the most beautiful - consider it the Rolls-Royce, so to speak. It SHOULD sell at the highest premium.) And I won't be upset if someone here snags it for $120, either. Fact is, the last time this type coin (gold-plated 2007 Hawaii Dala King Kalakaua 1oz Norfed) sold, it was [B]$405[/B]. and [B]$455. [/B]Now, common Norfeds NOW are selling (IF they can) for 2x Spot, waaaaaay down from 2008 and even November 2012. The premium has plummeted. We shall see what this 'Rolls-Royce' sells for next week AND how many bids is gets. (Then await [I]the next [/I]bell.) Under $200? Cancelled auction? If your Herbalife stock lost 50% of its value in two months - or couldn't be 'sold' publicly! - how would you respond? Shrug, "I'm just a stock collector, after all." No - [I]collector values [/I]are the topic and that particular dodge is not permitted.[/QUOTE]
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