1ST COIN OF NEW SERIES ( "Lunar Skulls" )

Discussion in 'Silver Coins' started by Luker, Nov 23, 2014.

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  1. toni

    toni New Member

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    HELLO
    the price for now is 140$ not 425 $ it s impossible nobody see the reel coin for the moment stop the speculation is not good
    for the new issue

    i
     
    toni, Dec 1, 2014
    #341
  2. barsenault

    barsenault Well-Known Member

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    He's referring to the eBay bid, and yes it is 425.00!!!
     
    barsenault, Dec 1, 2014
    #342
  3. toni

    toni New Member

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    it s not reel bids if only speculation
     
    toni, Dec 1, 2014
    #343
  4. barsenault

    barsenault Well-Known Member

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    Yeah, I see what you mean. It is the same person bidding it up. Smells like a scam to me too!! :)
     
    barsenault, Dec 1, 2014
    #344
  5. toni

    toni New Member

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    is always the same bidders
     
    toni, Dec 1, 2014
    #345
  6. mmissinglink

    mmissinglink Active Member

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    That doesn't necessarily mean that they are shill bidding but it also doesn't necessarily mean that they aren't. We really can't know either way.




    That sort of thing is not that uncommon. I've been recently following bids on some high graded 2014 Tokelau Unicorn coins and in at least one auction, people are bidding significantly higher than if they were to do a Buy It Now from another seller for considerably less...same exact coin and free ship on both.



    .
     
    mmissinglink, Dec 1, 2014
    #346
  7. Gatito Bandito

    Gatito Bandito Active Member

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    They're getting caught up in an emotional bidding war.

    It can happen sometimes for certain pieces.


    In fact, I was in one just the past week for a slabbed numismatic. Two of us were going at it pretty hard for a really nice one for its type. I was stretching a bit, but something like that doesn't come along very often, and was willing to pay up (up to a certain point).

    Towards the end, I finally gave up and let the other guy have it -- and then a 3rd bidder sniped it in the last few seconds! :lol:


    EDIT: Further details.
     
    Gatito Bandito, Dec 1, 2014
    #347
  8. Gatito Bandito

    Gatito Bandito Active Member

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    Gatito Bandito, Dec 1, 2014
    #348
  9. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    They're getting cheaper?
     
    SpacePete, Dec 1, 2014
    #349
  10. Gatito Bandito

    Gatito Bandito Active Member

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    When you buy in bulk, you expect to get a discount. :)
     
    Gatito Bandito, Dec 1, 2014
    #350
  11. barsenault

    barsenault Well-Known Member

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    is that price right? 625?
     
    barsenault, Dec 1, 2014
    #351
  12. Gatito Bandito

    Gatito Bandito Active Member

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    For a purchase of 10 BU's, yes.

    Works out to $62.50 USD per coin.


    There are ten 10-packs available, i.e., 100 coins total.
     
    Gatito Bandito, Dec 1, 2014
    #352
  13. Gatito Bandito

    Gatito Bandito Active Member

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    Anybody watching this??


    About 1 hour to go..

    Approaching $600 USD.
     
    Gatito Bandito, Dec 1, 2014
    #353
  14. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    Something fishy going on there it seems... I reckon the last honest bid may have been US$270 when the last highest bidder (other than the two left) was knocked out. Happy to be wrong though.

    If anyone wants to buy all 5 of my pre-orders for US$500 each (16% under market), you're more than welcome :D
     
    Bullion Baron, Dec 1, 2014
    #354
  15. Gatito Bandito

    Gatito Bandito Active Member

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    At this point, I don't know anymore.

    I could see $400 or so, where it was not too long ago. Heck, earlier in this thread I even said at least $300.


    But $600 is getting a little nutty, and while possibly legit (as all other proofs have disappeared at this point, at least for the time being), at these levels it is raising an eyebrow or two.

    Then again, could be a couple (US) West-Coaster dot-com guys with big bucks/income to throw around, too.


    Wouldn't be surprised to see FCC throwing up that large ask again sometime after this listing is over. :rolleyes:
     
    Gatito Bandito, Dec 1, 2014
    #355
  16. Gatito Bandito

    Gatito Bandito Active Member

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    First 7-day auctions are over..


    About $80 for the BU -- which could've been had for $70 via Buy-It-Now, mind you..


    And about $600 for the proof.
     
    Gatito Bandito, Dec 1, 2014
    #356
  17. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    True, but it included post, so much of a muchness for price if the bidder was international.

    First Coin Company has the 10 pack available: http://firstcoincompany.com/S/repub...10-oz-signed-by-artist-kiana-roo-ten-coin-set

    THANKYOU code works to bring down the price to US$606.15 including post.
     
    Bullion Baron, Dec 1, 2014
    #357
  18. mtforpar

    mtforpar Member

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    I have seen this before on many issues and I believe there is shill bidding going on. People collude and drive the price up on the issue and then cancel the sale afterwards. They do this a few times at release of the coin. The completed sales stay on eBay and then people mistakenly believe the market value for the coin is really higher than it is and begin to bid them up. It is sort of a way to start a process that feeds on itself. Be careful when you see these type of things.
     
    mtforpar, Dec 1, 2014
    #358
  19. Nabullion Dynamite

    Nabullion Dynamite Active Member

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    It always baffles me when people bid things on ebay higher then they could outright buy them for. People do this on giftcards all the time.
     
    Nabullion Dynamite, Dec 1, 2014
    #359
  20. Gatito Bandito

    Gatito Bandito Active Member

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    Bullion Baron is correct, though..


    Something I didn't notice earlier: There was free international shipping for the auction listing -- while shipping to AUS, for example, for the BuyItNow is $9.95 USD.

    It's basically the same total price.
     
    Gatito Bandito, Dec 1, 2014
    #360
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