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Russian Mint Sets, My Biggest Flip of the Year

PostPosted: Tue Jul 29, 2014 11:08 am
by Verbane
Picked up 11 Russian mint sets at this months coin auction. $90.00 bid, about $106.00 after buyers fee and tax. I expect the sales to exceed 3K :o Recent auction for a 1970 set went over $1,300.00
I priced the sets at or below recent SOLD prices.

http://www.ebay.com/sch/verb2112/m.html?_nkw=&_armrs=1&_from=&_ipg=25&_trksid=p3692

Re: Russian Mint Sets, Biggest Flip of the Year

PostPosted: Tue Jul 29, 2014 11:19 am
by Verbane
Hell yea :!: :!: Been listed for 15 minutes, and the 1965 set already sold for $300.00 8-)

Re: Russian Mint Sets, My Biggest Flip of the Year

PostPosted: Tue Jul 29, 2014 11:58 am
by AGgressive Metal
Indian sets are another to watch for. Nice flip!

Re: Russian Mint Sets, My Biggest Flip of the Year

PostPosted: Tue Jul 29, 2014 12:09 pm
by AdamsSamoa
Nice......

Re: Russian Mint Sets, My Biggest Flip of the Year

PostPosted: Tue Jul 29, 2014 1:21 pm
by blackrabbit
Good job, thanks for sharing. I did not know Russian sets were worth that much.

Re: Russian Mint Sets, My Biggest Flip of the Year

PostPosted: Tue Jul 29, 2014 2:55 pm
by Verbane
blackrabbit wrote:Good job, thanks for sharing. I did not know Russian sets were worth that much.


I priced these sets from my Krause catalog, the 1970 was listed at $15.00 or 18.00. I had bought the lot of eleven sets thinking I could double my money. I've had these sets for two weeks now, and I didn't realize what prices these were getting on ebay until last night, while doing a little research.

Point is, anyone using the Krause catalogs for pricing will miss the value in these, which included the 60+ dealers on hand for this auction lot. I only had one other dealer bidding against me, with my planned bid limit at $100.00 for the lot. Guess you could call this one Dumb Luck more than anything....

Re: Russian Mint Sets, My Biggest Flip of the Year

PostPosted: Tue Jul 29, 2014 3:23 pm
by blackrabbit
I'll take any luck I can get, the dumb kind is fine by me.
Yeah, researching prices on e-bay is a smart way to make money.
:thumbup: