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Optimistic ebay BIN for PMs


motorbikez

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  • Replies 58
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Posted

 

What so special about that daz as far I can tell its not even silver ffs

The problem with common sense is, its not that common.

 

Posted

Whilst we class these prices as optimistic I think there are more than a fair share sellers who are actually secret collectors/stackers themselves and are quite happy if it doesn't sell at all

 

They have items listed and in all likelihood they know it wont sell for the list price.  But if someone is daft enough to pay over the odds and it helps them accumulate more silver/gold with the profits reaped make hay while the sun still shines

 

For someone already running an eBay shop, one step up from the basic shop subscription, it only costs 5p to list any item on buy it now for 30 day period, times that by x12  and you find you can have a coin listed for a full year with worldwide exposure, sale or no sale for just 60p

 

Not exactly a king ransom to pay.

 

As buyers come and go from eBay, new members sign up, birthdays come along, people come into money, leaving gift or long service present needs to be bought, Indian wedding season around Diwali. etc  

 

Just because it is listed now doesn't mean it may not sell six months down the line

 

Whilst i am happy with my stack & what i have accumulated thus far, i don't think I am not emotionally tied in any significant way to any coin.  So i am happy say, if the price was right I think I would be happy to sell.   

 

Another point to consider is the highs of 2011 some folk may be underwater on what they paid through 2010 & 2011 and trying to break even with what they paid for it back then, after all who would ever want to sell at a loss?

 

Ultimately an item is only worth what a buyer is prepared to pay for it, why do some people pay £100million+ for a painting and some people happy to pay a £10 for a print at Wilinsons

Posted

True paul , must admit I've got a few coins listed at optimistic bin prices myself for those exact reasons. Free to list, if it sells it sells if not I'm not bothered.

Was wondering if someone would list one of mine in this thread! Although saying that my prices are not that optimistic.

  • 2 weeks later...
Posted

Yup....if I had £62k spare I think I would rather buy a Maserati Ghibli and some gold with the change than that spotty mule!!!

http://www.maserati.co.uk/maserati/uk/en/index/build-price/carconfiguratorV2.html?modelName=GHIBLI_330&title=Ghibli

Posted

http://www.ebay.co.uk/itm/1oz-Gold-Coins-Best-Value-/161588346939?pt=LH_DefaultDomain_3&hash=item259f6a803b

 

Bullion by post take the pizz don't they?

 

This product is for investors looking for the best value for money and who do not mind which coins they own

 

£1004 ~ What lol

Help thread for members new to silver/gold stacking/collecting

The Money Printing Myth the Fed can't and don't money print - Deflation ahead, not inflation 

  • 2 weeks later...
Posted

http://www.ebay.co.uk/itm/MEGA-RARE-2015-2-COIN-TWO-POUND-HMS-BELFAST-1-OF-100-CIRCULATED-BY-ROYAL-MINT-/301528109080?pt=LH_DefaultDomain_3&hash=item463479d018

Two pound coin still on sale at the mint for £10 selling for £999!

There are others up for 100 - 200 as well

 

It's because it's one of these

 

http://www.royalmint.com/aboutus/news/royal-navy-2-pound-coin

 

To celebrate the release of precious metal versions of the coin, which marks the 100th anniversary of the First World War, The Royal Mint has issued just 100 special commemorative Royal Navy 2015 £2 coins into general circulation through the Imperial War Museum’s HMS Belfast, giving a small number of people the rare opportunity to find one in their change

Help thread for members new to silver/gold stacking/collecting

The Money Printing Myth the Fed can't and don't money print - Deflation ahead, not inflation 

Posted

Exactly ht , they have "issued" 100 for circulation but the actual mintage is unlimited and can be bought for 9 quid from coin dealers

Posted

In other words the Royal Mint are giving away 100 free £2 coins to customers at the HMS Belfast shop. Not as people who have misread the situation where they believe there are only 100 of these coins in existance, when in fact there are many thousands

 

Are they no different from the ones they're selling in the shop?

 

Is there any way to differentiate between the 100 circulated or one bought. 

Help thread for members new to silver/gold stacking/collecting

The Money Printing Myth the Fed can't and don't money print - Deflation ahead, not inflation 

Posted

They are exactly the same coin , even if you get one from hms belfast it is effectivley uncirculated as although its not in the folder it hasn't actually been circulated has it?

My bet is the seller bought it for a tenner and just took it out the packet. And who would ever know?

Posted

Yes, that guy has been touting that rubbish for a while now.

To be fair, if people are too lazy to do their own research, then £15 could be saved very quickly by buying from STG rather than Atkinsons.

Stacker since 2013

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