Author Topic: 1992 G150Y 8g Year of Monkey gold coin  (Read 711 times)

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Offline baron88

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1992 G150Y 8g Year of Monkey gold coin
« on: March 29, 2017, 08:31:25 PM »
The 1992 G150Y 8g Year of the Monkey gold coin price has been steadily climbing. Ngc pf69 is now at $1950, higher than ox, tiger, or rabbit. Yet its population is 407, while ox is 375, tiger is 249 and rabbit is 207. Year of the Monkey has already passed but the demand seems to continue strongly. Is it in play?

Offline baron88

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Re: 1992 G150Y 8g Year of Monkey gold coin
« Reply #1 on: April 01, 2017, 07:50:38 PM »
Bump. Any infor?

Offline ccl

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Re: 1992 G150Y 8g Year of Monkey gold coin
« Reply #2 on: April 02, 2017, 01:35:40 AM »
I am buying 1992 8 gram gold monkeys, take up to 3
NGC or PCGS 68 or 69.

PM with serials of your coins, you'll get a great offer.

Offline Rarityhunter

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Re: 1992 G150Y 8g Year of Monkey gold coin
« Reply #3 on: April 02, 2017, 07:58:06 AM »
haha, history can be copied from the 8cent gold monkey stamp.

Offline baron88

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Re: 1992 G150Y 8g Year of Monkey gold coin
« Reply #4 on: April 03, 2017, 09:19:49 AM »
Sorry Richard, my coin is in a set. Thanks for asking.

Offline baron88

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Re: 1992 G150Y 8g Year of Monkey gold coin
« Reply #5 on: April 03, 2017, 09:42:43 AM »
I am just wondering why only this coin is hot in the 8 gram series. Looks like it is being singled out and accumulated.

Online KeyDate1/2ozPandas

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Re: 1992 G150Y 8g Year of Monkey gold coin
« Reply #6 on: April 03, 2017, 11:56:09 AM »
Simplest explanation is always the correct one, supply and demand.  Someone is trying to corner the market for reasons that are only apparent to them.  If you buy everything and sell nothing prices will rise. Suppose I find a seller with 100x monkeys, I buy them for $700, then I go into the market and buy up all the supply at $800-$1500, before I am done price will be at $2000, then I pause and accumulate from $1800-$2300, prices get to $3000, you get the idea. 

In a supply constrained markets with deep pocket investors anyone can double the price of a coin in short period of time.  This is great if you are an investor but painful if you are collector and need that coin to complete a set. 1996 1oz gold rat is great example of hoarding.