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-   -   Collecting Odd & Collectable Bullion Coins? (http://goldismoney.info/forums/showthread.php?t=422487)

Legionfigu 11-09-2009 09:37 AM

Collecting Odd & Collectable Bullion Coins?
 
Hi, I'm wondering who sells really odd & collectable silver & gold coins. I'm even willing to pay over spot for them. Are there any good websites that sell these type of coins. For instance I'm looking for some Star Trek gold bullion coins but I'm not will to pay $125 over spot for a 1/4 ounce gold coin that is being sold on eBay.

Curmudgeonista 11-09-2009 12:57 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Quote:

Originally Posted by Legionfigu (Post 2015440)
Hi, I'm wondering who sells really odd & collectable silver & gold coins. I'm even willing to pay over spot for them. Are there any good websites that sell these type of coins. For instance I'm looking for some Star Trek gold bullion coins but I'm not will to pay $125 over spot for a 1/4 ounce gold coin that is being sold on eBay.

I find all sorts of sites with unusual offerings, but premiums are usually very high.

The thing is, there's a big difference between being truly collectible and simply having market appeal. The Star Trek item you mention is a good example of the later. Sure, there are a lot of Trekkies that find it appealing, but to everyone else it's just bullion... and not very reassuring bullion at that. I suspect there are very few true collectors of such a thing. That means the secondary market has a very specific customer, and one who is not necessarily a gold-bug. I doubt there's a coin dealer or pawn shop out there who'll even give spot for one. High to buy; low to let go!

Star Trek gold coin = odd, but not collectible in a numismatic sense
Gold Kangaroo = a little odd and a fairly collectible
Pre-revolution Russian gold coins = very odd and quite collectible
Pre-33 U.S. gold = not odd, but extremely collectible

Legionfigu 11-09-2009 01:24 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Here's the Ebay add.
http://shop.ebay.com/?_from=R40&_trk...All-Categories

NotTheOne 11-09-2009 02:03 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Send the seller a message, offer him spot or whatever it is you want to pay. He may bite, as by his own admission on the auction.....

"We've sold less than a half dozen of these in the past 20 years and we've probably sold more than anyone else."

I'm sure he'd like to sell them faster than that.

Legionfigu 11-09-2009 02:06 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Quote:

Originally Posted by NotTheOne (Post 2015906)
Send the seller a message, offer him spot or whatever it is you want to pay. He may bite, as by his own admission on the auction.....

"We've sold less than a half dozen of these in the past 20 years and we've probably sold more than anyone else."

I'm sure he'd like to sell them faster than that.

I did a few days ago & he said he can't & that he may infact raise the price due to the rise in gold. So it almost backfired.

NotTheOne 11-09-2009 02:20 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Then I'd pass. Let him keep it. Like the other poster said "I doubt there's a coin dealer or pawn shop out there who'll even give spot for one". Some things aren't worth chasing. Collect something else with a broader fan base.

Firenhole 11-09-2009 07:57 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Quote:

Originally Posted by Legionfigu (Post 2015913)
I did a few days ago & he said he can't & that he may infact raise the price due to the rise in gold. So it almost backfired.

I just offered $300...maybe this will help you out? Maybe enough GIMer's submit offers?????? Although WTF would I do with 1/4oz Spook...lol

Twisted Avatar 11-09-2009 08:19 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
I agree with others

That is a EXTREMELY small market.

Who was the maker?

Are they all just one size??

Does it come with a COA??

Irons 11-09-2009 08:58 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Small market appeal sucks, buy one if you really want it and don't plan on selling. I got a rare mexican 1/4 oz gold bullion coin heaped in with other bars and rounds on a trade with my coin dealer. After I looked it up and asked him about it he told me nobody would buy it for what it is and he just tossed it in with the general bullion.

Legionfigu 11-09-2009 09:46 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Quote:

Originally Posted by Firenhole (Post 2016530)
I just offered $300...maybe this will help you out? Maybe enough GIMer's submit offers?????? Although WTF would I do with 1/4oz Spook...lol

Thanx, let me know what he says.

Firenhole 11-10-2009 02:34 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Quote:

Originally Posted by Legionfigu (Post 2016711)
Thanx, let me know what he says.

no reply yet...maybe he was insulted? :tongue_ma:

Legionfigu 11-14-2009 02:22 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Quote:

Originally Posted by Firenhole (Post 2017774)
no reply yet...maybe he was insulted? :tongue_ma:

Now he's raised the rest of the $399.00 coins to the higher $479.00. :thumpdown

AgKanga 11-14-2009 05:25 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Don't waste your time, you have no guarantee they are even real. :36_1_30:

Nothing about actual mintage numbers, who minted them...only that they have sold less than 6!!! :504::504::504:

twenty4karat 11-14-2009 05:51 PM

Re: Collecting Odd & Collectable Bullion Coins?
 
Quote:

Originally Posted by Legionfigu (Post 2015913)
I did a few days ago & he said he can't & that he may infact raise the price due to the rise in gold. So it almost backfired.

This guy doesn't understand not just Gold but more important, TODAYS ECONOMY!

He'll never sell them at this rate because most of us in PM's understand that they are worth spot at best.

He's seling gold at $1919.80 an ozt.!

I have to agree with Curmudgeonista

Star Trek gold coin = odd, but not collectible in a numismatic sense
Gold Kangaroo = a little odd and a fairly collectible
Pre-revolution Russian gold coins = very odd and quite collectible
Pre-33 U.S. gold = not odd, but extremely collectible


Either put that money in pre '33's or get as much bullionas you can right now.

The price of gold will only effect privately minted limited collectable sets by the weight of the coin. Nothing else.

You'll never recoup the premiums he is asking for.

:smile:


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