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MsPlod

Awesome bargain!!

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retailrush    10
retailrush

Hey BumbleBee you forgot to mention in your listing that you don't mind if others want to use your photo, (which is lovely by the way), in their listings... :P

 

Thanks for the laugh!!

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BumbleBee    10
BumbleBee
Hey BumbleBee you forgot to mention in your listing that you don't mind if others want to use your photo

 

Don't even go there

 

(which is lovely by the way)

 

Thanks for the laugh!!

 

Thanks for the compliment, and you're welcome ;)

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booksallsizes    10
booksallsizes

Brilliant - your Q & A had me in hysterics!

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Vinyl Lady Decals    10
Vinyl Lady Decals

Absolutely brilliant listing.

 

Hopefully those that are trying to take advantage of the unsuspecting public will get the message, but I doubt it.

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MsPlod    10
MsPlod

What really terrifies me is what you are going to do Bumblebee, if someone actually DOES bid on this auction!!:P Other than pay off your house of course;)

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BumbleBee    10
BumbleBee
What really terrifies me is what you are going to do Bumblebee, if someone actually DOES bid on this auction!!:P Other than pay off your house of course;)

 

Well, what I was planning to do was delete the bids if anyone does place one but my wife has told me if anyone does bid she will make me take their money! :D

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BumbleBee    10
BumbleBee

Hmmm, it appears that someone doesn't want me to become stinking rich. My listing has been deleted :confused: Will someone please give me a reason please?

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BumbleBee    10
BumbleBee

Well admin,

 

1. BoB deleted this listing because they felt like it? Come on, seriously?

 

2. This was not a test auction.

 

3. the intention was not to mislead, everything in this listing was upfront and factual.

 

Perhaps the sellers of these particular coins took offence and put pressure on BoB to remove the listing? Well, I take offence to my listing being deleted without reason or warning. What about the fellow who used my photos in "his" listing? Why was that not deleted? It was reported to CW and I had this thread open on the forum?

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MsPlod    10
MsPlod

Ag NO man!!

 

That is really sad!!:mad:

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kebs    10
kebs

Deleted before I could see it.. not fair.. :( Some-one fill me in?

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kebs    10
kebs

Brilliant! You know, you probably would have had some fool bid on it as well... :rolleyes:

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Guest Guest   
Guest Guest

That is absolutely brilliant!

 

I might just place a bid

 

I did find another interesting couple of listings that I think presents a more tempting option.. ;-)

 

http://www.bidorbuy.co.za/item/24757620/WOW_12_coins_set_HARD_COVER_FDC_SACGS_GRADED_2008_MANDELA_B_DAY_COINS_AU50_58_ms60_67_with_ms61_ws.html

 

and listen to the speel!

 

OFFERS WILL BE CONSIDERED!!!!!!!! all shipped 24-48 hours delivery insured!!!!

SET OF 2008 MANDELA BIRTHDAY R5 COINS GRADED BY SACGS IN AIRTIGHT CAPSULES BARCODED AND NUMBERED 12 COINS!!!!!!!!!!!!!!

PLUS YOU GET A FREE HARDCOVER FDC + STAMPS !!!!!!!!

WOW WHAT A COMPLETE COLLECTION !!!!!!!

AU50

AU58

MS60

MS61ws

MS62

MS63

MS64

MS65

MS66

MS66*

MS67

MS67*- (* MEANS ALMOST MADE MS68) (I particularly like this stunning sales pitch!)

all 12 coins 1 price

 

and what does this bargain cost? Just ZAR13,999.99! Sorry Bumble Bee your listing just does not cut the mustard!

 

But wait.. there's more!!

 

http://www.bidorbuy.co.za/item/24757803/WOW_12_coins_set_HARD_COVER_FDC_SACGS_GRADED_2008_MANDELA_B_DAY_COINS_AU50_58_ms60_67_with_ms61_ws.html

 

Buy the identical set of Mandela for just ZAR16,000 from the same seller.. ;-)

 

Makes the first listing real attractive.. doesn't it?

 

Kind regards

 

Scott Balson

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Guest Guest   
Guest Guest

Strange

 

Listing one 2008 Birthday R5 - a box of 50* sequential barcodesGRADED MANDELA R5 BIRTHDAY COIN MS66 very high grade!!!!!!! for sale in Pretoria / Tshwane (ID:24757379)

 

Bid: ZAR7,999

 

Listing two: Collections & Sets - ULTRA SCARCE SACGS SET!!!!!!GRADED MANDELA R5 b-day coins 2008 mint state (ms63/64/65/66/67) for sale in Pretoria / Tshwane (ID:24499451)

 

Bid ZAR1,699

 

The only bidder on both these listings had no prior history on BoB and is the SAME person and he also resides in Pretoria. Strange.

 

Kind regards

 

Scott Balson

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BumbleBee    10
BumbleBee

Wow! 50 coins in sequence! :o Now there is something you don't see everyday.

 

Just out of curiosity, can anyone tell me what these coins were selling for when this craze started? It would really be interesting to see what people have been spending on MS66 birthday coins over the last 2 years. I'm wondering when more of the 5000 "rare" proof birthday coins will start surfacing in mass.

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Guest Guest   
Guest Guest

Mandela MS66 - reality check

 

I bought five MS66 Mandela birthday coins in February for ZAR105 each... (NGC Graded) - 60 were offered for sale in this Dutch auction.

 

See: Graded - ***MS66***High Grade !!! *** Birthday Mandela R5 *** 60 AVAILABLE *** NGC graded !!! was sold for R110.00 on 28 Feb at 21:01 by debble888 in Johannesburg (ID:19233610)

 

So I must have made the best investment of my life! (Tongue FIRMLY in cheek).

 

Kind regards

 

Scott Balson

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BumbleBee    10
BumbleBee

I've also been suckered into buying some of these, the lowest I've paid was R95, but as I recall these things were selling in the thousands of rands when this whole story stared.

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lilythepink    10
lilythepink

Oh dear. I missed this auction - it is no longer there. I feel cheated, BumbleBee and Admin, really I do. lol

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BumbleBee    10
BumbleBee

Found this article on BoB.......

 

Is it legal to sell the Mandela 90th birthday R5 coins? Is it illegal? Or could it be – just a little legal?

 

The biggest mystery about the 2008 Mandela coin, also known as the 90th birthday coin, is not why anyone would want to pay more than R5 for a coin that is worth exactly R5. The biggest mystery about the 2008 Mandela R5 coin is – how is it possible that no one in the South African Reserve Bank saw it coming? After all, there have been precedents: the precedent of the 1994 Mandela Presidential Inauguration R5 coin, as well as the precedent of the 2000 Mandela R5 coin.

 

Against such background, it was to be expected that the new 90th birthday Mandela coin will end up on bidorbuy and other trading places. And yet, the veritable trading frenzy that has been unleashed on 18 July 2008, the date the coin was released, seems to have taken the authorities by surprise.

 

Truth to be told, the frantic trading surprised the bidorbuy people too. “As far as I am concerned, the 2008 Mandela coin is worth R5,” says bidorbuy Managing Director Andy Higgins. “It is not an investment coin. On the other hand, bidorbuy firmly believes in the freedom of trading in all legal items, and if people are willing to pay more than R5 for the coin, I don’t see why they should not be allowed to do so.”

 

Even though the Mandela R5 coin is certainly legal, a phone call from the South African Reserve Bank made bidorbuy change its stand a little. At one point, the bidorbuy staff was instructed to close all 2008 Mandela coin listings. Then a compromise between the somewhat vague concerns expressed by the South African Reserve Bank and bidorbuy’s own policy was reached: bidorbuy sellers were informed that that may list smaller quantities of the coin at a time, at their own risk. However, listing an unopened bag containing 400 or 500 coins would definitely not be tolerated.

 

The “at their own risk” part of the message stems from the Reserve Bank’s caution that people who trade in 2008 Mandela coins may come under the stern scrutiny of the law, especially if they trade in large quantities

The bidorbuy Coins and Notes community is abuzz with speculations. The traders are doubtlessly rubbing their hand. As one forum member pointed out, “controversy breeds collectability, and all this will just make the coins more sought after.”

 

As for bidorbuy, it will stick to its policy of allowing listings of a reasonable quantity of the 2008 Mandela R5 coins on the site, at least until further, more definite instructions from the authorities are received. bidorbuy will also, at its own discretion, cooperate with authorities in case of an investigation into how this or that seller came into possession of the coins.

In the meantime, the message from bidorbuy and their expert coin dealers is: the 2008 Mandela coins are not investment coins. More than two million of them was released into circulation, and a circulation coin is considered somewhat rare only when there are fewer than a thousand of them. True, some exceptionally well-done samples of a circulation coin, graded and number-proofed by a reputable firm, may be valuable. However, that is an involved issue, best left to the experts. The chances of such a 2008 Mandela coin landing into the hands of a man in the street is about equal to the chances of winning the grand lottery prize.

 

 

The last line in this article has me puzzled, seems that the chances of winning the lotto are getting better by the day :D

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Guest Guest   
Guest Guest

Move aside Keats

 

Aaahhh but Lily, Bumblee Bee

 

The impressive NGC Slabs holding the humble Mandela coins make the expense worth while!

 

I guess we are paying for the "impression of value"... but the question is "How much are you willing to pay for that honour?"

 

Here is a poem I have written in honour of our new entrepeneurs and their misleading listings...

 

This is MS70 and no hand has touched my skin

Unblemished I am, untouched by even a pin

 

This is MS69 rarely beaten in a full coin keg

But just a tiny, tiny scratch brings me down a peg

 

This is MS68 a few more imperfections but still with the very best

Despite this I am not with the perfection of MS70 blessed

 

This is MS67 – you are now understanding the tale

A few more tiny nicks have left me further down the scale

 

This is MS66 the nicks can now be clearly seen

Oh how I would love to have retained MS70’s perfect sheen!

 

This is MS65 and my high spots have just started to wear

Unless I’m ultra rare people are no longer starting to care.

 

This is MS64 and hands have touched my blemished face

This and a few scratches have put me in my place.

 

This is MS63 and now many scratches are starting to appear

Despite this if I was a Mandela Birthday coin I am now being called rare

 

This is MS62 and my fine detail is now becoming quite impaired

Yet the claims of my rarity in listings makes me feel quite scared.

 

This is MS61 and I only just make the UNC

In reality, unless I am a Veldpond, I am just a clunk

 

This is MS60 and because of handling all my fine details are now lost

Yet if I am a Mandela you might pay for me through your nose – at your own cost!

 

This is a worn AU59 and I can’t believe what I hear

Move aside MS70 they claim I am more dear!

 

This is AU58 and nothing less has been slabbed to date

So I must be ultra rare or someone wants you to take the bait!

 

….

 

Waiting for the ultra-ultra rare Mandela VG to be listed on this site

Imagining all the Mandela coins being ground down day and night;

I wonder who will be the first to make this impressive find

As a new generation of collectors are robbed blind!

 

Words by Scott Balson

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kyle2    10
kyle2

Hey ndoa18, that is absolutely the most classic thing I have read yet in these forums! Well done, really.;) Nothing sums it up better, Can I have your permission Pleeeeeeeeeeeeaz to copy this poem and post it about?

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Guest Guest   
Guest Guest

Permission granted in the interest of numismatics.. anyone can copy, print, recite and use as they please.

 

Kind regards

 

Scott Balson

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