Goddesses of Olympus -2015- 2oz Athena
- Thread starter Schnuffi
- Start date
mmissinglink
Active Member
milkyspot said:The 7500 is the gold version
7500 for 5 ounces silver would be completely bonkers.
It has nothing to do with flipping, its just a market-based consideration. How fast can i sell it again and how much value do i lose?
There are plenty of collectors who would pay many thousands of dollars for a 1 ounce silver coin. There are people who have paid considerably more than issue price for a raw 2014 5 oz proof Britannia. The value of any collector coin is completely subjective but to suggest that the 5 oz proof Britannia should be valued in the same way as a cheaply made bullion coin that is minted in the tens of millions is not sensible at all in my view. Instead if you want to make a much more apropos comparison, you ought to compare a highly sought after scarce silver proof coin with another that is as scarce, as much in demand, and has approximately similar features.
A bullion Maple Leaf is not even in the same galaxy as a proof 2014 Britannia.
Finally, no one is suggesting you pay more for a coin than you may ever be able to get in the future. And yet, no one can ever be certain what a very scarce, quickly sold out coin might sell for in the future. Paying $$4,000-5,000 for a raw 2014 proof Britannia may not be ensuring you make a profit a few years down the road but paying half or 1/3 of that might.
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7500, he was talking about the 5 oz Gold proof version, not silver.
mmissinglink said:milkyspot said:The 7500 is the gold version
7500 for 5 ounces silver would be completely bonkers.
It has nothing to do with flipping, its just a market-based consideration. How fast can i sell it again and how much value do i lose?
There are plenty of collectors who would pay many thousands of dollars for a 1 ounce silver coin. There are people who have paid considerably more than issue price for a raw 2014 5 oz proof Britannia. The value of any collector coin is completely subjective but to suggest that the 5 oz proof Britannia should be valued in the same way as a cheaply made bullion coin that is minted in the tens of millions is not sensible at all in my view. Instead if you want to make a much more apropos comparison, you ought to compare a highly sought after scarce silver proof coin with another that is as scarce, as much in demand, and has approximately similar features.
A bullion Maple Leaf is not even in the same galaxy as a proof 2014 Britannia.
Finally, no one is suggesting you pay more for a coin than you may ever be able to get in the future. And yet, no one can ever be certain what a very scarce, quickly sold out coin might sell for in the future. Paying $$4,000-5,000 for a raw 2014 proof Britannia may not be ensuring you make a profit a few years down the road but paying half or 1/3 of that might.
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-j-p-shmorgan
New Member
I thought 1 oz of silver was $16.7 / oz?
Some people are just suckers. LMAO
Some people are just suckers. LMAO
barsenault
Well-Known Member
picturefun
Member
barsenault said:
yeah, right, he already marked up almost 50%! so that price is for suckers!
picturefun
Member
Perth mint checkout process is getting significantly WORSE than last time for Hera. I have been on the site, waiting for process order for more than 20 minutes, the time changes between 84 and 72 minutes, sometime go up, some time down. This is a JOKE
barsenault
Well-Known Member
picturefun said:
You got pay up for fugly.
AgAuNEWS
Member
picturefun said:
Same here. As I write its been processing for 75 actual minutes but it's showing a wait from 46 to 80 odd minutes. Just checked and it's now 249 minutes. If I don't manage to get one I'm done with the Perth Mint website. This will be the third time i've tried and failed to get an Olympus coin and every time has been a bloody nightmare.
picturefun
Member
chicken12 said:Just got some also from another site, no wait and no limit
do you mean Melbourne Mint site? they raised the international shipping now, for U.S, the shipping is AU$50, way too much, almost 30% of the coin cost.
AGSX also charge AU$60 for shipping alone, so a no go
I did get one from Direct coin, they limit 1 each person
By the way, Perth mint site is still not working.
picturefun
Member
AgAuNEWS said:
I tried 4-5 times, but NONE of them got through. But now they are telling me I already ordered one. Do not know what is going on. So may be the first time did go through? but
I have not got any order confirmation. Not in my order list either.
Edit,
Just checked my PM account, the 1st order did go through, so I got one after all. This means, as long as the order is in the queue, even if closed the browser, before getting confirmation, the order is still there and will go through. This is a comfort to know