Question for e-Bay sellers and not only!

Question for e-Bay sellers and not only!

Today I received (like many of you I suppose) an order form from San Marino
for their 2 Scudi gold coin (Nostradamus) and the Gold Set of 2 coins
"Giotto". They are
priced 105 euros the first and 370 euros the set.
I am not collecting those coins and I don't sell coins but for the first
time in my life I had a "mean" idea: to try and make some money from those
gold coins:-)
So my question is this:
- are those coins "rare"? I mean, the previous similar emissions were rare
or not?
- are they going to gain in value or if I buy them I'll be forced to sell
them with a small (or no...) premium?
- and if they are going to gain value, how soon it will happen?
- am I considered a bad and greedy person, if for the first time in my life
I am trying
to make some profit from coins?

Thank you!

--
E' mai possibile, oh porco di un cane, che le avventure in codesto reame
debban risolversi tutte con grandi puttane!
F.d.A

Ï "Harold Fears" Ýãñáøå óôï ìÞíõìá
...
As for your last question, "am I considered a bad and greedy person ...
trying to make some profit from coins?", the answer is NO! (Have you
consider the opposite? "Am I a good person for losing money on my
coins?")

Well, I don't think that I am loosing money as I collect for hobby and not
for profit:-)
I must confess though that I have some remorse in having such thoughts
(buying with the solely purpose of selling):-)


--
E' mai possibile, oh porco di un cane, che le avventure in codesto reame
debban risolversi tutte con grandi puttane!
F.d.A


Harold


"gogu" wrote in message
...
Question for e-Bay sellers and not only!

Today I received (like many of you I suppose) an order form from San
Marino
for their 2 Scudi gold coin (Nostradamus) and the Gold Set of 2 coins
"Giotto". They are
priced 105 euros the first and 370 euros the set.
I am not collecting those coins and I don't sell coins but for the first
time in my life I had a "mean" idea: to try and make some money from
those
gold coins:-)
So my question is this:
- are those coins "rare"? I mean, the previous similar emissions were
rare
or not?
- are they going to gain in value or if I buy them I'll be forced to
sell
them with a small (or no...) premium?
- and if they are going to gain value, how soon it will happen?
- am I considered a bad and greedy person, if for the first time in my
life
I am trying
to make some profit from coins?

Thank you!

--
E' mai possibile, oh porco di un cane, che le avventure in codesto reame
debban risolversi tutte con grandi puttane!
F.d.A

"gogu" wrote in message
...
Question for e-Bay sellers and not only!

Today I received (like many of you I suppose) an order form from San
Marino
for their 2 Scudi gold coin (Nostradamus) and the Gold Set of 2 coins
"Giotto". They are
priced 105 euros the first and 370 euros the set.
I am not collecting those coins and I don't sell coins but for the first
time in my life I had a "mean" idea: to try and make some money from those
gold coins:-)

Okay this was interesting, they are denominating the coins in Scudi, not
Euros. This is a throwback to their previous currency! The way I read the
instructions, I got mine today also, you have to have ordered the set last
year to qualify to order this set. So unless you ordered it last year, I am
guessing you cannot order it this year?

I ordered the 8 coin Euro set last year, and sold it for $200.00 more than I
paid for it, but I needed the money, I was still paying for a long trip in
Ukraine in 9/01.

Dave Parrish

As for your last question, "am I considered a bad and greedy person ...
trying to make some profit from coins?", the answer is NO! (Have you
consider the opposite? "Am I a good person for losing money on my coins?")

Harold


"gogu" wrote in message
...
Question for e-Bay sellers and not only!

Today I received (like many of you I suppose) an order form from San
Marino
for their 2 Scudi gold coin (Nostradamus) and the Gold Set of 2 coins
"Giotto". They are
priced 105 euros the first and 370 euros the set.
I am not collecting those coins and I don't sell coins but for the first
time in my life I had a "mean" idea: to try and make some money from those
gold coins:-)
So my question is this:
- are those coins "rare"? I mean, the previous similar emissions were rare
or not?
- are they going to gain in value or if I buy them I'll be forced to sell
them with a small (or no...) premium?
- and if they are going to gain value, how soon it will happen?
- am I considered a bad and greedy person, if for the first time in my
life
I am trying
to make some profit from coins?

Thank you!

--
E' mai possibile, oh porco di un cane, che le avventure in codesto reame
debban risolversi tutte con grandi puttane!
F.d.A

Scottishmoney wrote:

Okay this was interesting, they are denominating the coins in Scudi, not
Euros. This is a throwback to their previous currency!

Don't be that harsh ;-) San Marino issued those scudo/scudi gold coins
when the country's currency was the lira, and it issues them now that
the country uses the euro:

| This Agreement does not prejudge the right of the Republic of San
| Marino to continue issuing gold coins denominated in scudi.
http://europa.eu.int/comm/economy_fi...coins_notes/do
ssier30.pdf

Cannot really comment on gogu's question whether the price of these
pieces is expected to go up. Of course some will think he is a bad and
greedy person if he buys the scudi pieces with the intention of not
keeping them. So? Some people also believe that coin dealers are mean
villains because they sell coins at a higher price than the original
issue price g.

Christian

? "Christian Feldhaus" ?????? ??? ??????
...
Scottishmoney wrote:

Okay this was interesting, they are denominating the coins in Scudi, not
Euros. This is a throwback to their previous currency!

Don't be that harsh ;-) San Marino issued those scudo/scudi gold coins
when the country's currency was the lira, and it issues them now that
the country uses the euro:

| This Agreement does not prejudge the right of the Republic of San
| Marino to continue issuing gold coins denominated in scudi.
http://europa.eu.int/comm/economy_fi...coins_notes/do
ssier30.pdf

Cannot really comment on gogu's question whether the price of these
pieces is expected to go up. Of course some will think he is a bad and
greedy person if he buys the scudi pieces with the intention of not
keeping them. So?

Well, Christian, I consider myself a honest person and conscience is
something that still matters to me:-) Call me naive or old fashioned but
this is how I see things:-)
So even if even one person will say that it is not good what I thought to
do, I will never proceed with this!
Honestly!

Some people also believe that coin dealers are mean
villains because they sell coins at a higher price than the original
issue price g.

This is absurd!A dealer is a person who is doing this for living, like every
other merchant! So it's obvious that he must have a profit!

rgrds


--
E' mai possibile, oh porco di un cane, che le avventure in codesto reame
debban risolversi tutte con grandi puttane!
F.d.A


Christian

Ï "Scottishmoney" Ýãñáøå óôï ìÞíõìá
...

"gogu" wrote in message
...
Question for e-Bay sellers and not only!

Today I received (like many of you I suppose) an order form from San
Marino
for their 2 Scudi gold coin (Nostradamus) and the Gold Set of 2 coins
"Giotto". They are
priced 105 euros the first and 370 euros the set.
I am not collecting those coins and I don't sell coins but for the first
time in my life I had a "mean" idea: to try and make some money from
those
gold coins:-)

Hi Dave!

Okay this was interesting, they are denominating the coins in Scudi, not
Euros.

Errrr ... the 2 coins in the set are 20 and 50 euros:-)
The scudo was not their pre-euro currency.
They were using Italian liras.

This is a throwback to their previous currency! The way I read the
instructions, I got mine today also, you have to have ordered the set last
year to qualify to order this set. So unless you ordered it last year, I
am
guessing you cannot order it this year?

That's what they say but I believe that if they've mailed you the order form
you have many chances to receive them even if you haven't ordered the last
year's gold coins. Just my two euro cents though...

I ordered the 8 coin Euro set last year, and sold it for $200.00 more than
I
paid for it,

I am still holding my 2003 set:-)
Have you any idea what is the price for it on eBay right now?

but I needed the money, I was still paying for a long trip in
Ukraine in 9/01.

:-)
I was there earlier this year!
Nice country, nice people!

So, what about my main question?
What do you think?
Are those 3 coins going up or the profit will be marginal or even null?

rgrds

--
E' mai possibile, oh porco di un cane, che le avventure in codesto reame
debban risolversi tutte con grandi puttane!
F.d.A


Dave Parrish

gogu wrote:

Well, Christian, I consider myself a honest person and conscience is
something that still matters to me:-) Call me naive or old fashioned but
this is how I see things:-)

Good :-) But again, I do not see how buying such coins with the
intention of reselling them could be immoral or otherwise bad. You buy
them from a mint or numismatic office and offer them for sale. People
will then pay you what they are willing to pay.

I do not "ebay" myself, but more than time I ordered two coins/sets
while I wanted only one, and then swapped my excess pieces. Well, that
was also based on "market values" to some extent. Nothing wrong with
that IMO.

On the other hand, last year I had ordered the German ¤100 and 200 gold
coins from the German Numismatic Office, and due to the overwhelming
demand got the 100 piece only. So far I have not bought the other one
from a third party because the current prices are too high from my point
of view. But would I call any of the sellers dishonest or immoral? Of
course not :-)

Christian

? "Christian Feldhaus" ?????? ??? ??????
...
gogu wrote:

Well, Christian, I consider myself a honest person and conscience is
something that still matters to me:-) Call me naive or old fashioned but
this is how I see things:-)

Good :-) But again, I do not see how buying such coins with the
intention of reselling them could be immoral or otherwise bad. You buy
them from a mint or numismatic office and offer them for sale. People
will then pay you what they are willing to pay.

I do not "ebay" myself, but more than time I ordered two coins/sets
while I wanted only one, and then swapped my excess pieces. Well, that
was also based on "market values" to some extent. Nothing wrong with
that IMO.

On the other hand, last year I had ordered the German ¤100 and 200 gold
coins from the German Numismatic Office, and due to the overwhelming
demand got the 100 piece only. So far I have not bought the other one
from a third party because the current prices are too high from my point
of view. But would I call any of the sellers dishonest or immoral? Of
course not :-)


Thanks Christian!
That's what I wanted to hear:-)

--
E' mai possibile, oh porco di un cane, che le avventure in codesto reame
debban risolversi tutte con grandi puttane!
F.d.A


Christian