Interested in hearing your thoughts. I know of the Peter Strich example from a few weeks back selling 2008 rolls @ $50 a coin, but I see that as the exception rather than the rule.
Can't see many people selling these particular birds for those sort of prices. So a reasonable price, maybe, but what do you think is a realistic price for these bad birds?
I've bought 2009's for $43each recently when in a roll but $55 individually. Spot was between $31 and $33 at the time I think. 10oz worked out at $45/oz but that was a pretty reasonable price for such a stunning coin If you can find the right buyer, should be able to get around the $55 mark. There's one on eBay for $75 so watch that and see what it ends on to get a good indication. O/S buyers usually pay more too
There's no re-strikes on the 2008 and 2009 Kookaburra, they are sold out mintages in their own right. Collectors come in all categories, some don't care about re-strikes, some do and some have no idea why they collect or what the difference is. imo, a sold out mintage (Limited mintage) is a collectors dream. The 2008 and 2009 mintage has no re-strikes! http://www.perthmint.com.au//docume...r_Bullion_Coin_Series_1990_-_2011_Current.pdf The 2008 Kookaburra is the first kook coin to have a sold-out mintage apart from the initial release 1990 coin. A realistic price for the 2008 and 2009....especially the 2008 Kook is not to sell them. You should lock the 2008 in the safe, forget and wait. H
Now let's not be too hasty here. Let's be reasonable - I was just checking ebay before reading this thread and saw that an uncracked roll sold for about $43/coin in September. I'd be willing to buy for $44
Hi finicky There's coins sold by people that don't follow the market. How long did those 2008 coins stay up for sale? 20 minutes or less. Just recently we saw a 5oz rabbit sell for 185 bucks and we also saw just recently a 5oz sell for 400 bucks and....that's on ebay Australia. So, the bargain prices may not be a true indication of a coins value. Just saying H
I guess every now and then you have seller who put BIN price at what they think is a fair price. We all have bought that deals before on ebay
Imo i wouldn't pay the ridiculously inflated prices for these kooks, unless you're willing to gamble on the numismatic aspect.
I don't see how they're ridiculously inflated. The market pays in the $50 to $75 range for the 08 all the time, so while it may be inflated to you, it is the market price. If you find them for less, buy them, flip for a profit and buy some cheap bullion, everyone's happy....
The market can be finicky. Today's craze for some of these kooks may end tomorrow. the dragon is a good example. Personally i would not not buy bullion coins fir $50-75, but good luck to those that do.
37ea for a roll of 2009 $740... is too close to the re-mint price. it was buzzed out in no time. 40- 50 may be reasonable range. considering the mintage and upside potential with all the re-mints, with higher silver spot price. above 60 and be at the higher rage, since it will be better to buy the re-mint, for closer to half that price.
