Crazy prices for RAM $2 coins

Discussion in 'Numismatics' started by Tin Can, Jul 30, 2020 at 5:40 AM.

  1. Tin Can

    Tin Can Member

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    Over the last few months, the sale prices for coloured $2 coins - both on eBay and from dealers - defies reason.

    Coins (circulation, carded and rolls) are selling for really exaggerated prices.
    This is something I do not understand. It is because of FOMO or something else?
     
    Tin Can, Jul 30, 2020 at 5:40 AM
    #1
  2. ozcopper

    ozcopper Administrator Staff Member

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    I noticed this too! Got an email from a dealer the other day that shocked me!

    [​IMG]

    Commemorative $2 Mint Roll
    "EXTRAVAGANZA"
    [​IMG]
    Better than eBay 'Buy It Now' prices!
    RAM Bags also available.
    Not available with any other discounts or offers.

    SHOP NOW

    2012 Australia $2 Red Poppy Chubb Roll of 25 Coins H/T
    $5,990.00
    Buy Now
    [​IMG]
    2019 Australia $2 JC Jody Clark RAM Roll of 25 Coins H/T Minatge only 1568
    $690.00
    Buy Now
    [​IMG]
    2014 Australia $2 Remembrance Green Dove RAM Roll of 25 Coins H/T
    $1,190.00
    Buy Now
    [​IMG]
    2016 Australia Complete Set of Changeover Coins RAM Bags $2 $1 50c 20c 10c 5c
    $790.00
    Buy now
    [​IMG]
    2013 Australia $2 Purple Coronation Cotton + Co Roll of 25 Coins H/T
    $3,290.00
    Buy now
    [​IMG]
    2019 Australia $2 Repatriation RAM Bag of 5 Coins
     
    ozcopper, Jul 30, 2020 at 5:42 AM
    #2
  3. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Are they selling at those prices?

    I have seen the Red Poppy on the RSL envelope being offered for about $120 each.
     
    Jislizard, Jul 30, 2020 at 5:45 AM
    #3
  4. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Holdfast, Jul 30, 2020 at 5:48 AM
    #4
  5. Tin Can

    Tin Can Member

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    Tin Can, Jul 30, 2020 at 5:59 AM
    #5
    Holdfast likes this.
  6. slavaja

    slavaja Well-Known Member Silver Stacker

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    I bought a 2012 poppy roll for $150 on SS in 2014 I sold it 6 months ago for $2000. Recently sold prices are $3500 I can't believe people are buying these I thought $500 max you can get for these. You can buy so much more gold and silver for $3500
     
    slavaja, Jul 30, 2020 at 6:37 AM
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  7. slavaja

    slavaja Well-Known Member Silver Stacker

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    $2 Ram rolls is the new Bitcoin.
     
    slavaja, Jul 30, 2020 at 6:39 AM
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  8. slavaja

    slavaja Well-Known Member Silver Stacker

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    I wish I knew where I put mine i I bought 10 of those for $10 directly through the rsl.
     
    slavaja, Jul 30, 2020 at 6:43 AM
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  9. Andy28

    Andy28 Member

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    I sold 3 of the green rolls 2 months ago for around $300 each (bought in 2014 for $67). They are now fetching over $1000 per roll!
    I also had 10 or more of the C mint mark on card which I bought in 2014 for $15, and had a hard time recouping my $15 when i sold them off in 2018. Those are now closing in on $100 each too.
    Crazy stuff!
     
    Andy28, Jul 30, 2020 at 6:47 AM
    #9
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  10. ashleyd123

    ashleyd123 Member

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    WTF! I've got a few rolls/bags buried away of these somewhere, I don't think I can get home quick enough to dig em out and flip them. Crazy money.
     
    ashleyd123, Jul 30, 2020 at 7:16 AM
    #10
  11. slavaja

    slavaja Well-Known Member Silver Stacker

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    I would definitely sell I just dont see how someone could pay 10k for a 2012 poppy roll and sell it at a later date to another fool
     
    slavaja, Jul 30, 2020 at 8:49 AM
    #11
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  12. Jason1

    Jason1 Well-Known Member

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    I got the carded poppy from the rsl fundraising stand that was out the front of iga for $5 back in the day, id almost feel bad selling it for the $500 they wre going for
     
    Jason1, Jul 30, 2020 at 9:10 AM
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