Any idea of what the remaining 27 designs are going to be?
Not bad if they're going to shift ~$70m of silver in their first year.
Not bad if they're going to shift ~$70m of silver in their first year.
I thought there were going to be 30 designs over a 12 month period?
soupdragon
Member
Rad Dood said:
They are just that protest/propaganda/education tokens aimed at an American audience.
Chris Duane pro-libertarian agenda website is here http://dont-tread-on.me/
I disagree with you about the future price. In 10-15 years time due to the rounds message and limited mintage they will be worth a lot more than melt price.
I'm buying a few of each type as the design is quirky.
grinners said:
Yep but how long untill the novelty wears off, after coin 9, 13, 22? I really don't recall reading that it was going to be a 30 coin series any one able to post a link?
(BTW how does an $18 dollar buy sell differance befor ebay fees, paypal fees and postage equal a 70% profit? My maths is failing to compute on that one)
grinners said:My simple maths was 34/58.
30 is a crazy number though hey.
I bought the first but won't be buying another. Would be too easy to cross the line into hobby/collecting and that is not the direction I want
34/58 = .58620689?
If were going to talk about flipping for a profit then lets make sure that anyone who reads the post doesn't get any crazy ideas as to the massive (ie 70%) profit that can be made on filpping one of these coins.
But price befor postage on the SBSS coin price was aprox $38. Lets add $1.20 per coin postage (based on approximate postage via platinum express for 10 coins,) so we have a buy price including postage of $39.20 per coin.
Sell price on ebay as you stated is $58. So 58 - buy price of 39.20 = $18.80
Now ebay fees and pay pal fees are taken off the sell price and added togeater = approximatley 10% or $5.80 of the sell price so we have
Buy price = $39.20
Sell price = $58.00 - 10% = 52.20. (if postage was added to the sell price and so does not need to be taken off also. If free postage offered remove an extra $6.95)
So we have a gross profit of $18.80 (max) or approcimatley 22.73%
Thats a long way off 70% and if your working in some industrys thats aproximatley 1/2 hour of work on a Sunday.
(The time of course to set up the ebay listing take photos, petrol to the post office, packaging ect have not been taken into account.)
So lets not shout from the roof top about some fantasy 70% profit because it doesn't exist. (yet)
anonmiss said:grinners said:My simple maths was 34/58.
30 is a crazy number though hey.
I bought the first but won't be buying another. Would be too easy to cross the line into hobby/collecting and that is not the direction I want
34/58 = .58620689?
Buy for 34, sell for 58, 24 return from 34 output = 70%.
As for the rest of your post, I agree.
:lol:
These SBSS coins are starting to become a tulip mania.
Someone in Canada is selling a Proof Slave Queen for CAD$2,012. Yes $2,012! :O
Why is this one "worth" so much? Because it is dated 2012 and apparently only 2,012 were made (all other proofs are dated 2013)
Crazy. Simply crazy.
These SBSS coins are starting to become a tulip mania.
Someone in Canada is selling a Proof Slave Queen for CAD$2,012. Yes $2,012! :O
Why is this one "worth" so much? Because it is dated 2012 and apparently only 2,012 were made (all other proofs are dated 2013)
Crazy. Simply crazy.
I will get one of each while they are still making them, some of the designs are good, some are average and some are not so good, I already own a hobo nickel (Actually an Australian 2c) which has been carved to show the Queen's head as a skull.
If I thought they were going to be a great investment I would buy a couple of each. As it is I will just get one of each and look around for a nice frame to put them in. They will have to keep me occupied until the Lunar Dragons come out again.
I can do without the occult symbols added to the image but I would love one with the illuminati all seeing eye on it, maybe next time!
If I thought they were going to be a great investment I would buy a couple of each. As it is I will just get one of each and look around for a nice frame to put them in. They will have to keep me occupied until the Lunar Dragons come out again.
I can do without the occult symbols added to the image but I would love one with the illuminati all seeing eye on it, maybe next time!