DEAL FAIL: Mandela 90th Birthday Coin Overpriced & Overvalued on Groupon

member2204

Senior Member
Joined
Feb 14, 2006
Messages
618
Groupon is selling the Nelson Mandela 90th Birthday Coin for R1232 claiming a retail price of R2800. You can get the same coin for R750.

Link
 

Kornhub

Blackburn Fan
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Oct 15, 2008
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lol those coins are not even rare. I think everyone who got one decided to keep them
 

Dolby

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Jan 31, 2005
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They don't mention the grade of Groupon though, only the Wicount?
 

froot

Honorary Master
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Jun 2, 2009
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groupon said:
Choose between these options:

Pay R1 232 for one MS66 Nelson Mandela 90th Birthday Coin, valued at R2 800
Pay R3 360 for three MS66 Nelson Mandela 90th Birthday Coins, valued at R8 400
Pay R4 760 for five MS66 Nelson Mandela 90th Birthday Coins, valued at R14 000

There you go.
 

ToxicBunny

Oi! Leave me out of this...
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Apr 8, 2006
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113,630
More than likely hey :)

Then add their normal 500% markup on what the goods "Should" sell for... :p

Number of times I've seen Groupon selling something for more than the normal retail price, and claiming it retails for nearly double what they're selling it for.
 

Soutie_za

Active Member
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Feb 21, 2013
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95
Well it looks like it works, 261 have bought the deal to date. Thats a nice bit of change made from them
 

Dolby

Honorary Master
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32,700
So they can sell one at R1,232.00 ... ?

In that case anyone want at R1,000.00 - for two? :p
 

ToxicBunny

Oi! Leave me out of this...
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Apr 8, 2006
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113,630
^^^

Its because this world is full of people who don't double check.. they just believe when they see something is apparently "worth x, but we can sell it to you for y".... all it takes is 30 seconds of Googling to see they're ripping the arse out of it.
 

Kornhub

Blackburn Fan
Joined
Oct 15, 2008
Messages
34,554
Rofl I have some graded presidential R5 coins. I just collect coins for fun and will pass them down eventually. You wont become a million air off collecting coins.

Also collect stamps but most are from Mauritius and handed down from my grandma(RIP).
 
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