Show how much of a Dr Who nerd you are - the NZ Mint are auctioning on ebay the very first (in fact the first 8) Dr Who Coins. 2 hours in and it has already reached US $315. http://www.ebay.com/itm/Doctor-Who-...0954409?pt=US_World_Coins&hash=item4174b5eea9 malachii
Do they do this for every no 1 coin they produce? Just seems odd that they would do that , then again you really don't know what goes on at other mints , insiders cherry picking mintage numbers etc.
This just makes me think that NZ Mint must be hurting for cash. If they are going to start selling on ebay regularly, I hope they realize they are going to upset a lot of their distributors.
There's no mention of it that I saw either. Just a cash grab by the nz mint. Also who says its the first coin minted? It's just the first COA
Guys relax - this is not a spot auction - this is for numismatic collectors and yes - it may or may not be the first one off the production line but it does have the COA #00001. Some people "have to have this" others think they're nuts. The same as I roll my eyes when my wife and daughter find a "bargain" handbag - hey who am I to say it's not worth that. Perth Mint keep #1 of their products. Every so often you see others do the same or put them up for a charity auction. I have to admit - this is the first time I have seen a Mint do something like this and yes - as a NZ Mint distributor I don't like it but at the end of the day - I can't tell them how to run their business. Just sit back, grab the popcorn and enjoy the auction - cos this one will go for nuts money. malachii
Thought about this some more and this could be a good thing , what better way to find out if a coins going to be "hot" or not, let the mint do all the leg work and build up the hype etc , if the number 1 coin sells for a large amount of money then there is a good chance that the rest of the coins will be in demand. If the number 1 coin is a bust then stay away from the coin. Sometimes every cloud has a"silver" lining The no 1 tooth fairy coin is not doing quite as well: ...Meh ...stay away from this one lol. http://www.ebay.com/itm/Tooth-Fairy...me=WDVW&rd=1&ih=018&category=546&cmd=ViewItem
Interesting to see NZ Mint being so money-grubbing and disloyal to their dealers and reps. If NZ Mint isn't morally and ethically bankrupt, they need to prove it by donating whatever $$ they make from this brazen money-grab to some NZ charity.
I've though you all know movie Wall Street. If you didn't see it, I suggest you do it. There is no "chivalry" left in business (if there was any). It's just business. Money rules the world, not people. EDIT: Russian proverb: there is no luck in money, but in its quantity.
I find this sickening. So if you are a collector, chance of you getting the first c.o.a of a hot coin at retail price is close to 0. Or if you want to buy a Koi coin with number 8 in it, chances are you won't get it because if NZMint feel there's a demand for this c.o.a, they will reserve it to sell it on Ebay. To me, it is almost the same as the Perth mint reminting some of the bullion coins.
I am a Dr Who fan, but not that much of one lol, I will be happy for a higher CoA with a smaller price tag..
Up to $1,127. Some people are prepared to pay some crazy amounts for a piece of paper with a number 1 on it instead of any other number. :lol:
In my opine, even though I am not a coin collector, experience has shown that a 1st issue Dr Who coin is a bargain at <$1600.
