Currently a 1oz 2007 Carded Koala is at $105 on feebay with 3 hours to go..... are people NUTS ?!?!? http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=260735814752&ssPageName=STRK:MEWAX:IT
I can only look at the evidence as it presents over time and answer COMPLETELY BONKERS Ebay buyers????????
what if ag hits 150 an oz will all you blokes be saying? are people nuts? or will you all be buying still?
Who knows, but if it's $150/oz I can guarantee you I won't be paying $450/oz (3x) as per this auction!
If Ag hits 150, who will be happier, the guy who bought 3x1oz coins for 105$ or the guy who bought one for 105$ ?
LOL I happen to know that the coin in question was bought less than two weeks back for $35.71 along with two others for the same price. No shill bidding and a great first sale for the guy. He just turned 1 oz into 3 . Maybe even more with the second chance offer I just told him to make. Ebay can work both ways sometimes and who are we to judge the needs and wants of others, I just unloaded a $35.00 coin for $152.00 plus change .....Yep people are F#&(!*g Nuts but I'm not going to complain. $35 bucks flipped for $152 gets me another Tassie tiger that I will sit on for a while and see what that original $35 buck's buys me in six to twelve months. That one Koala will become 3 oz's in the next day or so....If it hasn't already.
Ended at $112.50, Now, I live in Cairns also so maybe I should list my carded Koalas do you think ? LOL.
There are some Crazy people out there, and with about 150 million people registered on Ebay it only takes a very small percentage of them to take an interest in a particular item to make crazy things happen. Someone got a roll of twenty of those Koalas for $930 or close to the other day, and i bet it wont be long before we see a few pop up for 70-80 bucks buy now. Topend I would get them up quick smart and strike while the iron is hot M8.
Already is in my books , just have a look at the overseas listings already. The first of the deadly and dangerous the redback is fetching above 1G already and the blue ring is well on the way , The tiger is the first of the new Tuvalu Extinct series and is already getting a big premium . I personally dont get it (the desire) but when I look at the premium things like the redback and the Sapphire silver oz are fetching ($600 +) I just cant ignore them, even for it to double over the next 12 mths is a better bet than fiat in the bank or me spending that value on a night on the piss. Even those little 1/2 oz kangas are getting beyond belief already.... Why??? got me buggered, but if it allows me to get a few oz more of physical in my stash here and there for less than half price I'm not going to argue with the crazy people.
