Will the Funnel Web Spider sell for $500 like the Red-Back Spider?

S

Silver2012

New Member
Hey guys I'm wondering if this coin will ever reach the premium that the Red-Back spider fetches on eBay and other places. I don't know if I should sell the two I have or hold tight. I'm looking forward to hearing your thoughts!

[youtube]http://www.youtube.com/watch?v=Jfd_wJMUOmU[/youtube]
 
No. Why do I say no? Probabilities are like 200 to 1 it does reach $1,000 or so. How many Perth Mint coloured silver coin 1oz have reached $1,000+? One, the Redback spider. How many coloured coins has the Perth Mint released over say the last 10 years? 200? 300? So thats 1 coin out of 200 or 300 odd that has reached $1,000+. The odds are overwhelming against that this funnel web will reach such highs.
 
Silver2012 said:
Hey guys I'm wondering if this coin will ever reach the premium that the Red-Back spider fetches on eBay and other places. I don't know if I should sell the two I have or hold tight. I'm looking forward to hearing your thoughts!

[youtube]http://www.youtube.com/watch?v=Jfd_wJMUOmU[/youtube]
Click to expand...

My thoughts....

Stop biting your nails. :P
 
Not a chance. Only way it ever sells for $500, is if silver reaches $500. Because if that happens, most silver will be sold for melt.
 
I don't think so..
Makes me wonder how the high premiums are designated, take the PM Ag Ox for example, same mintage as the others but expensive & allusive.
The same with the China 2009 Scallop & round Ox(+$500)but you can by the Fan shape for $200.
All have 66000 mintage so how is a higher % premium allocated?
Must be supply & demand or hoarders?
 
Approximate ebay "Australia" sale prices for last 5 weeks
16 September - 22 October 2012
Prices include postage.

Deadly and Dangerous - Funnel Web Spider
$157.50 AUD
$154.95
$189.00
$171.95
$164.00
$183.20
$174.95
$169.50
$171.95
$173.95
$152.50
$151.50

Deadly and Dangerous - Australia's Box Jellyfish
$112.10
$110.66
$122.50
$119.05
$146.50
$146.50
$115.50
$135.05

Deadly and Dangerous - Eastern Brown Snake
$143.51

Deadly and Dangerous - Saltwater Crocodile
$150.00
$149.94
$139.94
$167.00
$152.06

Deadly and Dangerous - Blue-Ringed Octopus
$394.95

Deadly and Dangerous - Shark
$207.50
$139.94

Deadly and Dangerous - Redback
$1009.00
 
PM folowers have high expectation theirs colored coin will follow the redback.........but its never happen :rolleyes:.
 
Will the Funnel Web Spider sell for $500 like the Red-Back Spider?

" You make joke ? yes ! "

animated-gifs-koala-bears-22.gif
 
Call me cynical but it's just advertising to get clicks on his Perth Mint affiliate links under each video on YouTube.
 
STC said:
I don't think so..
Makes me wonder how the high premiums are designated, take the PM Ag Ox for example, same mintage as the others but expensive & allusive.
The same with the China 2009 Scallop & round Ox(+$500)but you can by the Fan shape for $200.
All have 66000 mintage so how is a higher % premium allocated?
Must be supply & demand or hoarders?
Click to expand...

PM Ox doesnt seem to have that much a premium from what ive seen on ebay

http://www.ebay.com.au/itm/32103030...AX:IT&_trksid=p3984.m1423.l2649#ht_500wt_1182
 
volrathy said:
STC said:
I don't think so..
Makes me wonder how the high premiums are designated, take the PM Ag Ox for example, same mintage as the others but expensive & allusive.
The same with the China 2009 Scallop & round Ox(+$500)but you can by the Fan shape for $200.
All have 66000 mintage so how is a higher % premium allocated?
Must be supply & demand or hoarders?
Click to expand...

PM Ox doesnt seem to have that much a premium from what ive seen on ebay

http://www.ebay.com.au/itm/32103030...AX:IT&_trksid=p3984.m1423.l2649#ht_500wt_1182
Click to expand...


Perth Mint 1oz Ag Lunar Series 2, mintage of 300,000. Ox is the second in series & the most expensive.
 
wait for the redback "Algeria" edition, I'm sure the Perth Mint will think of running out 2,000 of these coins in the near future !
 
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