Ebay 231664770402   1987 brass God of Longevity OMP   -current bid at $255 w/ a few hours left-     This is the one i was told had 500 mintage.  No verification of that mintage yet.    Might be a good one to collect just in case......

Edit by badon: Linkify.

I have read a lot of posts and have gathered much insight on these LBC forums.  In the past I was able to take advantage of some cheap eBay auctions which were first posted here and also to track some of the trends that were first presented here as well.  FWIW, this is my take on the MCC market and the overall market in general.

On the MCC:

1.  I think investors and collectors should understand they are speculating on numismatic premiums when it comes to new releases with limited mintage. New issues have no track record.  For every winner there is a loser. To say that the limited mintage gold coins are iliquid is the understatement of the century.  This is a very thinly traded market.  With that being said, there are certainly opportunities to flip some coins for profit or to buy coins which quickly appreciate than level off and appreciate later at a more methodical rate.

2. CBB (China, Brass, Bronze) - Again I would be careful to not over invest in these coins which have high numismatic premium with essentially zero intrinsic value. The added risk is also that they are new releases and low mintage.  In my opinion these are pure flips.  I used to sell a lot of Casascius Brass Bitcoins.  I've sold some for as high as $5k (the 2011 error coin) graded by ANACS MS66. I quickly converted my bitcoin (at the time around $800) into USD and bought gold and silver pandas. These Casascius error bitcoins can probably still fetch like $1500 so I'm glad I did not hold onto them.  I think those who are selling CBB rather than those buying them will be the ultimate winners.

3. Overall market - I don't believe we have experienced deflation yet.  I think precious metal prices will remain steady to weak as there is no catalyst to send them higher.  US stock market will tread water and turn downward. If the Fed makes true on its threat to raise interest rates which I think is unlikely than we will be hit with significant deflation.  Should they decide to go to QE4, I believe that will be the trigger for precious metal prices. As precious metals rise so will all MCCs but it will be the pandas that see the highest appreciation in prices. Even with QE4 announced and underway I still think it will take some time for PMs to move upwards.  I believe MCCs will lead vs. PM prices.

I know my opinion is vastly different than many here so I welcome hearing the other view point.

I am doing well.  I hope you are good too. Don't get me wrong, i love the lunar pandas, i think they are a home run.  The Nanjing and Lohan series have done well too but I would also think the market is smaller for them. And again, just my opinion, so take it for what it's worth. I like to look at things from a risk perspective.  Maybe if someone is heavily invested in a lot of numismatic coins it's also a good idea to hedge them with a sizable bullion holding.  And I also believe everyone needs to maintain a cash position in order to protect their hard asset investment.  By this I mean your PMs will remain in strong hands and you won't ever be forced to sell to raise funds in case of crisis or emergency.

I totally agree not invest majority of you money into just one type of investment products. Diversification is crucial if your risk profile is not high or super high. High risk and high gain.

Numic is hard asset which is not as liquid as cash. Must take this into consideration. Not invest heavily if you has no holding power and need liquidity in short term. This is one of the reason which someone can make money BUT you loss due to holding power. May reasons contribute a success and failure of investment.

I will face serious issue if I invest heavily in bullion silver only. I cannot sell it at all in Singapore if I have more than 100 KG even 10% below spot. Therefore, choose you investment portfolio is key to success.

For example, Micheal Jackson invest heavy in his house. What will happen if he cannot pay off the loan and facing a serious economy recession when need money and sell it? In turn if he pay off the loan and sell it at economy boom. It is extreme case which one will lead to great loss and another is significant gain.

Everyone has their own investment style, tactics and strategy. Otherwise everyone will like Solo the well known Forex speculator and other famous investors. someone might gain big and another loss big in the market.

You have pointed out clearly that you cash out the profit at 800 instead of waiting for the peak of 1500. You still convert to profit quickly even believe it will go to 1500. This is your investment way. However, another investor will gain double if believe it will go 1500 and sell at 1500. Noone has crystal ball to foresee it will down or up. Knowledge, luck, risks, return and so on...................many nameless factors for an investment.

I am a bit confuse of your statement "I think those who are selling CBB rather than those buying them will be the ultimate winners." Take example you buy the Casascius Brass Bitcoins and sell them and profit then not touch again. You have make profit. In this case you are the buyer at first then seller. If no buyer there will no seller.

If you refer to the CBB seller as the person who commission the medal it is another case. he/she might not be the ultimate winners sometimes. If this is the case everyone will invest it due to the sure win scenario as you describe. what happen if the CBB cannot sell? Not every CBB selling well.

Time to invest and liquidate is important.