He certainly seems to be going for it:
Well, it certainly looks like PA JK is out to take me out of the #1 spot on the Zimbabwe set:
I gotta say I'm surprised. I didn't think there'd be too many other people out there that determined to sink money into what I'm still pretty sure is a money-losing endeavor undertaken for the giggles, but he seems out to do it to and beat me at it, after Xanno also completed a set.
Who knows... there is the one coin he's offering that would be an upgrade for me. Maybe I'll buy it from him? Maybe not?
I can't say spending $80-100 on a 1 point upgrade on my 10 cent bond coin gets me too excited. Even right now, when I'm sitting on a relatively large amount of hobby money... It doesn't move the needle for me much. This is generally the problem I run into with such things. There's a limit beyond which the cost / benefit tends to not be worth it to me and I move on to something new where I can have more fun researching things again. And I this point I'm mostly checked out on that - I think it's going to be hard to get myself excited enough about scrapping for upgrades to get me submitting more coins when he likely passes me up in the near future. This is a point where the fact that having won a best Presented Award for the set already is also going to work against me - there's less to fight for and scrounge for having won that with the set.
But if he ever lists a $25 coin from 2003 that makes it easy for me to upgrade that AU58 without much fuss I could totally see that.
It might be different if I thought this set would have more long-term potential to rise in value but... I don't.
He seems to be falling for the same trap that a lot of people do on these things though - he's listing MS66 or MS67 coins for $75 + $5 shipping and I don't know that the market for these is going to support that. You've got me and Xanno and maybe more people will come into it? Most of the coins he's listing wouldn't be an upgrade for me so I'm mostly out.
But... if he and a few other people make enough of a market and some dealers get involved... maybe there'll be a lot more of these things getting graded and I'll get more upgrade opportunities cheaper without funding and rewarding my direct competition. I could be okay with that as a long-delayed reward for doing it first and paving the way.
- R__Rash and Fenntucky Mike
- 2
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