Author Topic: Flippers, hypers , coins dealers and the puppet affect and distort real market  (Read 370 times)

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Eastern and western coins (fiat and non fiats) have many Flippers, hypers, coins dealers and the puppet who affect and distort real market.

Here the typical example of eastern coins Macoa, China and Hong Kong Bridge 1 oz silver coin issue in 2018.

The issue price is around USD69 @ RMB480 which the key dealers have majority on it and use those Flippers, hypers and teir puppet to hype it till USD143 @ RMB1,000 within 1 month by hyping and control the supply flow to market. Human are greed which those so call collectors are more as investor than a collectors so they try to get some for profit which support this trend and make the coins as peak at 400USD @ RMB2800 within few months in Dec 2018. Some the person who control the it has long been profit and sell all their coins out. July 2019 which 7 months later the price gradually drop till USD258@RMB1800.

The reason for the decline cannot simply be attributed to the general trend of the gold and silver coin market. The Hong Kong, Zhuhai and Macao silver coins fell mainly because:

1. The market's hyping is declining
2. The sell of in secondary market of the mintage allocate to Hong Kong and Macao has flow to China which means supply become available and not fake shortage create by dealers like the classical garden, panda expo and Scallop flower shape garden panda non fiat coins.
3. The main dealers who control the coins has sold all coins to public and scatter among end buyers so no hyping anymore. This means it is not sell to hoard flippers like Scallop flower shape garden panda non fiat coins.

It is not easy for newbies to identify this trend and get into wrong coins and suffer a loss. Some dealers and flippers make it so real which hard for you to resist of buying it.

The collapse of Scallop flower shape garden panda non fiat coins is mainly due to the promoter in western countries who dump the price bi-weekly to compete for customers with resellers and flippers. It end up the price fall below issue price and even MCM .99 bidding end up not even able to cover the the costs. NGC PF69 & 70 non PM sold at average of 30 per pieces which minus 12% paypal and ebay fee as big dealer that left USD26.4 which not even to cover the grading fee without mention the medal purchase cost. Imagine of it they have plenty of it and release for bidding on weekly basis for more than 2 months now. They must be feel stupid to get cheated by the active western promotor who know nuts of china non fiat coins.

So It is not shock that some of you get into it since MCM also get into the trap set by those disrept person who promote the item BUT collapse the item by their greed. If they not dumb price to compete the customers with you which the price will not collapse.





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