whoa...$1775 gold on ebay?

[jy006m]

http://cgi.ebay.com/8-000-GOLD-1999...3286.c0.m14&_trkparms=66:4|65:1|39:1|240:1309

what's so special about this coin...or have people just gone crazy?

 

[bander87]

I think it cost more because it's in perfect condition?

 

[brandon]

It's graded MS70, which is the highest quality a coin can be and extremely rare.

 

[jy006m]

oh ok, so it's just people falling for the numismatic value that will not increase with the price of gold

I thought maybe there was potentially arbitrage but looks like there isn't.

 

[pcosmar]

I heard some folks speculating that gold could be at $2000oz soon and up to$4000 as inflation worsens.
I have nothing to invest. and they could be wrong. but,,,
What is it going for now?

 

[robert4rp08]

Could be a low mintage coin.

 

[LibertyEagle]

oh ok, so it's just people falling for the numismatic value that will not increase with the price of gold

Oh yes they do.