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Re: Forum gossip thread by Lab Flaker

I just paid $5000 US for a rare coin....

Started by JOE, November 03, 2023, 08:01:42 PM

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caskur

I have 115 copper two cent coins and 39 one cent pieces.

Apart from the 11 that are worth a bit, what do I do with the rest?

I have 2 1945 New Zealand Pennies. THEY'RE worth $50 each.

"I think having land and not ruining it is the most beautiful art that anybody could ever want."
- Andy Warhol

Brent

Quote from: caskur on November 26, 2023, 02:36:38 PMI have 115 copper two cent coins and 39 one cent pieces.

Apart from the 11 that are worth a bit, what do I do with the rest?

I have 2 1945 New Zealand Pennies. THEY'RE worth $50 each.


You have coins and a house. Joe doesn't think that is possible.

caskur

#77
Quote from: Brent on November 26, 2023, 02:44:46 PMYou have coins and a house. Joe doesn't think that is possible.


I just kept some interesting coins as does most people... I never kept the copper coins of which there are 115 2 cents and 39 one cents in a ceramic bowl thinking they would be valuable 31 years down the track.


What pisses me off is my threepence being just about solid silver plus 104 years old is only worth.

1919   aF   10.00
1919   VF   30.00


We have lots of valuable stuff but far too lazy to cash it in.

But we have to start downsizing because life is very short and we don't need STUFF.

OWNING land is your most important asset. Nothing equals it IMHO.
"I think having land and not ruining it is the most beautiful art that anybody could ever want."
- Andy Warhol

Brent

Quote from: caskur on November 26, 2023, 02:53:22 PMOWNING land is your most important asset. Nothing equals it IMHO.
Not according to Joe. He says comic books and coins are more valuable. That would explain why he is seventy and still renting little apartments.

Lokmar

Quote from: caskur on November 26, 2023, 02:53:22 PMI just kept some interesting coins as does most people... I never kept the copper coins of which there are 115 2 cents and 39 one cents in a ceramic bowl thinking they would be valuable 31 years down the track.


What pisses me off is my threepence being just about solid silver plus 104 years old is only worth.

1919   aF   10.00
1919   VF   30.00


We have lots of valuable stuff but far too lazy to cash it in.

But we have to start downsizing because life is very short and we don't need STUFF.

OWNING land is your most important asset. Nothing equals it IMHO.

I see it a bit different. Cheap silver coins are the ones you SHOULD invest more in. They have REAL value tied to their content, not their rarity.

caskur

Quote from: Lokmar on November 26, 2023, 03:41:52 PMI see it a bit different. Cheap silver coins are the ones you SHOULD invest more in. They have REAL value tied to their content, not their rarity.

Don't worry... I am not selling anything silver...

Not the round 50 cent Pieces, nor the 1919 threepence.

"I think having land and not ruining it is the most beautiful art that anybody could ever want."
- Andy Warhol

JOE

#81
Quote from: Brent on November 26, 2023, 03:02:15 PMNot according to Joe. He says comic books and coins are more valuable. That would explain why he is seventy and still renting little apartments.

Well Brent whenever I buy these trinkets I always try to buy them below market price & there are always a steady stream of potential buyers should I wish to sell them one day. So if I pay $5,000 for something I want to get $5,000 or more back. Generally speaking I don't buy what I feel I can't re-sell. Or low quality items with poor resale value. So i try to buy  recognizable items with brand name recognition. Ie buy a Picasso or Chagall rather than a no name artist because quite obviously the former have a much better chance of reselling since they are famous brand name artists.

So yes im aware that i may one day have to cash them in. They are fun for a period in your life but a person can't take them with them. People need to be aware that when they ' own' something they are in reality just 'renting' them until one day someone else will come along and become the 'new owner' until they also have to pass it on

TheProwler

Quote from: JOE on November 27, 2023, 12:05:26 PMWell Brent whenever I buy these trinkets I always try to buy them below market price & there are always a steady stream of potential buyers should I wish to sell them one day. So if I pay $5,000 for something I want to get $5,000 or more back. Generally speaking I don't buy what I feel I can't re-sell. Or low quality items with poor resale value. So i try to buy  recognizable items with brand name recognition. Ie buy a Picasso or Chagall rather than a no name artist because quite obviously the former have a much better chance of reselling since they are famous brand name artists.

So yes im aware that i may one day have to cash them in. They are fun for a period in your life but a person can't take them with them. People need to be aware that when they ' own' something they are in reality just 'renting' them until one day someone else will come along and become the 'new owner' until they also have to pass it on

Tell us about your apartment.

One bedroom, right?

Brent

Quote from: TheProwler on November 27, 2023, 04:26:13 PMTell us about your apartment.

One bedroom, right?
If that. Seventy and broke. Thankfully for him he has Thiel.

Thiel

Quote from: TheProwler on November 27, 2023, 04:26:13 PMTell us about your apartment.

One bedroom, right?
Jo Jo told me my bedroom is three times the size of his tiny studio apartment.
gay, conservative and proud

JOE

Quote from: Thiel on November 27, 2023, 08:55:42 PMJo Jo told me my bedroom is three times the size of his tiny studio apartment.

Yer sure a creepy guy Thiel

Anita Bryant was right about your types. She was vilified so badly but maybe in reality she ought to be treated like a martyr because she spoke the truth & about the social holocaust & the AIDS epidemic which was to follow

JOE

Quote from: Brent on November 27, 2023, 06:24:48 PMIf that. Seventy and broke.

How do you know im broke Brent er should i say Iron Horse Jockey?

That was your previous moniker wasnt it? The guy who said he was a recovering alcoholic

JOE

#87
Quote from: TheProwler on November 27, 2023, 04:26:13 PMTell us about your apartment.

One bedroom, right?

Actually i could buy your Corvette outright without financing but its such a waste of money. No use throwing good money after bad

Oerdin was right about your car Prowler

You shouldn't throw your money at a depreciating asset

I bet by now its worth 1/2 of what you paid for it

For what you paid for your car i could buy a Canada 1921 50 cent piece and it would appreciate 100% in ten years

Not like yer hunk a junk Prowler

Youll be lucky enough fya get $20,000 ten years from now. Heck my coin collection will be worth more than yer cars Prowler

Herman

Quote from: JOE on November 27, 2023, 10:57:31 PMYer sure a creepy guy Thiel

Anita Bryant was right about your types. She was vilified so badly but maybe in reality she ought to be treated like a martyr because she spoke the truth & about the social holocaust & the AIDS epidemic which was to follow
There ya go biting the hand that feeds you. Nobody else has any interest in you. The guy has money and you need some. Just roll over and take it in the ass.

JOE

Quote from: Herman on November 27, 2023, 11:13:13 PMThere ya go biting the hand that feeds you. Nobody else has any interest in you. The guy has money and you need some. Just roll over and take it in the ass.

I got money too Herman and likely more cash in the bank than u do Herm