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Is this inflated or what?

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Is this inflated or what?

Postby silverstacker » Sun Jan 04, 2015 12:11 am

I'm not a Perth Mint expert but please tell me if I'm way off my kilter when I look at this price:

http://pages.ebay.com/link/?nav=item.vi ... 1530174651
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Re: Is this inflated or what?

Postby Recyclersteve » Sun Jan 04, 2015 4:18 am

I think this is being priced this way just in case hyperinflation kicks in before the auction expires. :)
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Re: Is this inflated or what?

Postby Shazbot57 » Sun Jan 04, 2015 5:39 am

That's a lot of dough for a rodent!
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Re: Is this inflated or what?

Postby Rastatodd » Sun Jan 04, 2015 6:24 am

This is known as 'throwing a ridiculous price out there and seeing if you get a bite" method. The way some eBay buyers of precious metals throw their money around that round just might sell. :lol:
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Re: Is this inflated or what?

Postby 68Camaro » Sun Jan 04, 2015 10:24 am

There are a host of ebay listings with starting or BIN prices at 1.5 to 3x what normal sell price would be. I'm not sure of the strategy but suppose they either use those listing to drive the market up and convince people to pay more for their other listings, and/or to drop in front of someone that doesn't know the market and decides to buy without price comparing.
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Re: Is this inflated or what?

Postby Thogey » Sun Jan 04, 2015 11:58 am

Same seller pulled it off for a 2 ouncer

http://www.ebay.com/itm/2008-Lunar-Year ... 258eca2595

If you do the math, he is right on target.

Moral of story, don't pass on 2008 lunar year of the mouse coins, especially around spot price.
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