Australian-Coins Forum

Numismatic Discussion => Coin Chit Chat => Topic started by: kchan1111 on November 21, 2016, 09:37:35 PM

Title: What not to do with a slabbed $102k coin
Post by: kchan1111 on November 21, 2016, 09:37:35 PM
Not sure if anyone have seen this. Can't remember if I shared this before. I emailed it to a colleague at work who got some coins from a relative.

He paid $102k for it.
Is this a knowledgeable collector?
This is someone with $102k.

https://youtu.be/mk0F_sQY-kM

:shock:
Title: RE: What not to do with a slabbed $102k coin
Post by: trout on November 21, 2016, 09:53:50 PM
Oh Dear, I bet he will listen to good advice next time around.
Looks like the owner will loose $90,000 plus because he thought that he knew better at the time :angel:
I have got an immaculately struck Canberra florin that some clown did exactly the same thing to :dash1:
Title: RE: What not to do with a slabbed $102k coin
Post by: nealeffendi on November 21, 2016, 09:59:02 PM
That is 102,000 USD. About 130,000AUD. Dealer said it would now be worth about a quarter of a mill (about 330,000) except for what the owner did to it.:@
Didn't a few of the best 1930 pennies here also have stupid owners?:shok:
Title: RE: What not to do with a slabbed $102k coin
Post by: trout on November 21, 2016, 10:05:55 PM
This is bound to happen when investors that have absolutely NO idea about numismatics buy coins. :angel:
Title: RE: What not to do with a slabbed $102k coin
Post by: Fulvio on November 21, 2016, 11:53:41 PM
**CRY**
Title: RE: What not to do with a slabbed $102k coin
Post by: LooseChange on November 22, 2016, 01:38:52 AM
Quote from: 'trout' pid='101734' dateline='1479728155'This is bound to happen when investors that have absolutely NO idea about numismatics buy coins. :angel:

Even someone with no idea should know better... bloody hell haha.
Title: RE: What not to do with a slabbed $102k coin
Post by: Noelos237 on November 22, 2016, 07:31:57 AM
Interesting story. I wonder what he did to the coin exactly?