Crazy prices for RAM $2 coins

Discussion in 'Numismatics' started by Tin Can, Jul 30, 2020.

  1. Tin Can

    Tin Can Active 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?
     
  2. 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.
     
  3. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  4. Tin Can

    Tin Can Active Member

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  5. 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
     
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  6. slavaja

    slavaja Well-Known Member Silver Stacker

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    $2 Ram rolls is the new Bitcoin.
     
  7. 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.
     
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  8. Andy28

    Andy28 Well-Known 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!
     
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  9. 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.
     
  10. 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
     
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  11. 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
     
  12. Flyinfree

    Flyinfree Well-Known Member

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    Yeah, unbeliveable~! When I was visting a local coin show 3 more years ago, dealers are trying to sell some RSL to me at $20 each and saying I should buy as many as I can....I don't belives it so I only bought two for my collection......Damn.....today's price is too crazy!!!!
     
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  13. Flyinfree

    Flyinfree Well-Known Member

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    Just an update........2012 Red poppy roll is now catching $10K :eek:
     
  14. SteelHand

    SteelHand Well-Known Member Silver Stacker

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    That a sold price or want to sell price?
     
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  15. goldpelican

    goldpelican Administrator Staff Member

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    I remember getting about $1000 worth of these from ANZ... we sold them over the counter by the roll. Doh.
     
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  16. vos

    vos Member

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    How many sold prices are real?

    All my listings now require immediate payment otherwise I only get new accounts (usually with Indian names) making stupidly high bids that never pay.

    Maybe coin dealers? buying fake accounts, pumping and dumping their stock.
     

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