Is this accurate, Ron Paul silver rounds at $495?

[Anti Federalist]

I have five of these:

Delivered just before the feds raided Norfed.

They are listed on this seller's ebay page at $495.

WTF? They spiked right after the raid, but hell, is that a realistic price range?

http://cgi.ebay.com/SILVER-RON-PAUL...5|66:2|65:12|39:1|240:1318|301:1|293:1|294:50

 

[tmosley]

Well, they are pretty rare, and it's a beautiful coin.

I don't see how they could get THAT high though. There must be a LOT of demand for them.

I'd have to venture a guess that they shifted a decimal over a place, and are selling it for $50.

 

[Anti Federalist]

Well, they are pretty rare, and it's a beautiful coin.

I don't see how they could get THAT high though. There must be a LOT of demand for them.

I'd have to venture a guess that they shifted a decimal over a place, and are selling it for $50.

My first searches resulted in no Norfed RP silvers, then I tightened up the search parameters and a few more came up, but not many, and the range was from $160 to the one above at $495.

For anybody curious, no, they are not for sale.

 

[ihsv]

Do a search of closed auctions and find out what they sold for.

 

[wgadget]

I bought three of them, one for each kid.

Two of them I bought for $84 each from a coin company in Austin. Don't remember the name.


AH...Here you go. They are $80 each.

http://exchange.austinsilverliberty...iberty_Dollar_MINT_ERROR_p/cld01-eap-2008.htm

 

[Josh_LA]

yes, that is accurate, well, at least not too outrageous, supply and demand.

it's a collectors item, the cheapest I've seen on ebay was $100 (about 6x-30x metal value), I've seen it sold for much more too.

Even copper Ron Pauls sell for $25 on eBay. (about 50x metal value)

You can do "buy it now" and keep waiting, or start it at an acceptable price ($200 wouldn't be bad)

 

[Josh_LA]

I bought three of them, one for each kid.

Two of them I bought for $84 each from a coin company in Austin. Don't remember the name.


AH...Here you go. They are $80 each.

http://exchange.austinsilverliberty...iberty_Dollar_MINT_ERROR_p/cld01-eap-2008.htm

wow, i'd be surprised if they still have Ron Paul silvers

 

[gaazn]

Ron Paul is a good man. But he isn't that good to demand such a high premium. The listing claims that it is a proof, so maybe that's why the list price is so high.

 

[constitutional]

Don't buy that crap at high price just because RP is on it. That's the only reason the price is so unreasonably high. I hope no one buys that at such outrageous price. This isn't a cult.

Even if you call yourself a collector....

 

[Josh_LA]

Don't buy that crap at high price just because RP is on it. That's the only reason the price is so unreasonably high. I hope no one buys that at such outrageous price. This isn't a cult.

Even if you call yourself a collector....

Hate to burst the bubble.

But I got an e-mail back from Austin Liberty Dollar, they still have them for $80.00 each.

Which means, I'll be happy to buy some from them and put them on eBay for $150.

Yep, looking on eBay, there's 4 sold lately, $80 , $102.50 , $112, $130, all shipping included.

 

[constitutional]

Hate to burst the bubble.

But I got an e-mail back from Austin Liberty Dollar, they still have them for $80.00 each.

Which means, I'll be happy to buy some from them and put them on eBay for $150.

what bubble?

 

[Josh_LA]

what bubble?

the OP's bubble that he can sell it for $500.

 

[Anti Federalist]

the OP's bubble that he can sell it for $500.

Mine are not for sale, and it's no bubble, I'm surprised that's all, so stop putting words on my monitor.

And you bought for $80.

I paid $20 direct from Norfed, so I'm still way ahead of the game.

 

[Josh_LA]

Mine are not for sale, and it's no bubble, I'm surprised that's all, so stop putting words on my monitor.

And you bought for $80.

I paid $20 direct from Norfed, so I'm still way ahead of the game.

sorry, I misread you, but bubble, I meant whoever was dreaming somebody can sell it for $500 + shipping, is in a dream bubble.

 

[wgadget]

sorry, I misread you, but bubble, I meant whoever was dreaming somebody can sell it for $500 + shipping, is in a dream bubble.

I don't think it has/will/is ever gonna sell for that much.

 

[Josh_LA]

I don't think it has/will/is ever gonna sell for that much.

in 20 years maybe, when $500 buys you two ounces of silver.

 

[SLSteven]

That is a nice looking coin though! Are there any 1oz gold ones around?

 

[Anti Federalist]

sorry, I misread you, but bubble, I meant whoever was dreaming somebody can sell it for $500 + shipping, is in a dream bubble.

No problem. No I don't think it's realistic either, I was just throwing it out there to gauge reaction, and maybe see if any are in "offline" circulation and what they are selling for.

 

[ladyjade3]

I have one in a little plastic casing, signed by Ron Paul.

 

[ClayTrainor]

i bought one of these last year for like $500 because the seller promised to donate all profits to the Tea Party money bomb