Has anybody bought an All Blacks Coin?

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Finch

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Topic # 89343 31-Aug-2011 13:03

Im in the process of buying one now, hopefully in 10 years I can double my money lol. Only 3k being made wordwide.

http://coins.nzpost.co.nz/2011/all-blacks-silver-proof-coin-haka

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Reply # 514456 31-Aug-2011 13:31

It's future value would likely depend on whether the team wins or not. Silver isn't that valuable at the moment.

networkn

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Reply # 514459 31-Aug-2011 13:33

Seriously considering it.
Also seriously considering turning up to the first match. I wasn't going to... but...

Only problem is decent seats are $450!

Finch

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Reply # 514464 31-Aug-2011 13:37

robbyp: It's future value would likely depend on whether the team wins or not. Silver isn't that valuable at the moment.

Yeah I read that the current silver value of the coin is $45-$50. So the coin is worth $100 or so really.

kiwitrc

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Reply # 514471 31-Aug-2011 13:41

There is a 1974 Comm games coin here http://www.coins-auctioned.com/auctions/new-zealand-commonwealth-games-1974-coin-j-159-1150 at A$11 on auction if thats any indication.

Finch

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Reply # 514474 31-Aug-2011 13:44

kiwitrc: There is a 1974 Comm games coin here http://www.coins-auctioned.com/auctions/new-zealand-commonwealth-games-1974-coin-j-159-1150 at A$11 on auction if thats any indication.

How many of those were made?

kiwitrc

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Reply # 514476 31-Aug-2011 13:48

Geese

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Reply # 514480 31-Aug-2011 13:57

robbyp: Silver isn't that valuable at the moment.

Is it not? I thought it was really high?

Its 2 1/2 times more expensive now than 3 years ago. I've been kicking myself I sold all of what I had.

TheUngeek

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Reply # 514487 31-Aug-2011 14:11

Won't ever be worth stuff all. Market is far too small.
How many people in this country collect coins like that? how many pay lots of $$?

networkn

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Reply # 514489 31-Aug-2011 14:14

You wouldn't buy it for it's value, but rather it's significance :)

TheUngeek

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Reply # 514490 31-Aug-2011 14:14

Yeah exactly. Ie useless as an investment

Finch

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Reply # 514493 31-Aug-2011 14:19

Anyway of canceling online transactions then? lol

networkn

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Reply # 514499 31-Aug-2011 14:30

MICHAEL, don't cancel it, if we win the RWC it will be something of significance. A year from now you won't miss the money but you will still have this item from a potentially once in a life time event.

nathan

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Reply # 514508 31-Aug-2011 14:46

M_I_C_H_A_E_L: Im in the process of buying one now, hopefully in 10 years I can double my money lol. Only 3k being made wordwide.

http://coins.nzpost.co.nz/2011/all-blacks-silver-proof-coin-haka

nice coin, but its not an investment more of a keepsake

robbyp

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Reply # 514527 31-Aug-2011 15:21

IlDuce:
robbyp: Silver isn't that valuable at the moment.

Is it not? I thought it was really high?

Its 2 1/2 times more expensive now than 3 years ago. I've been kicking myself I sold all of what I had.

I was talking about relative to the value of the coin. If you are investing in silver, you are better to invest in nuggets or bars, the same with gold. Buying gold coins is an expensive way of buying gold, and most buyers will only buy gold and silver coins for their scrap value, not the coin itself, unless it is very rare.

robbyp

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Reply # 514528 31-Aug-2011 15:23

networkn: You wouldn't buy it for it's value, but rather it's significance :)

+1 you buy them becuase you like them, not for investment value. My parents have lots of these sorts of coins that they have purchased over the years. They probably haven't gained value, and it they were to sell them to a coin shop they probably wouldn't recoup what they paid.

Noticed the google ads here have changed to gold trading adverts

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