West Coast Eagles Notes

[greennick]

How are they traded?

Are they even still traded?

I know they used to be for around a grand, but I haven't heard of any changing hands recently.

 

[sTeeL]

What are they?

 

[TOA.]

They are still around.

I heard a while back you can get them through your stockbroker but not sure how reliable that is.

Obvious bet would be to ring the club.

 

[Chris who]

Ive seen them sell for 1500 each in the quokka

 

[greennick]

Ive seen them sell for 1500 each in the quokka

I think I would definitely get one for a grand. For 1,500 I would have to think about it.

I have e-mailed the club and will let everyone know what response I get.

 

[Cuzz09]

Can someone explain what these are??

Notes??

Is this something to do with the stockmarket?

 

[Keys]

This is rather simplistic, but....

Original shareholders in Indian Pacific become noteholders when the WAFC took over the Eagles license.

The main benefit they get is priority access to finals tickets which is especially handy come GF time - basically guaranteed a ticket if you're a noteholder.

 

[Cuzz09]

This is rather simplistic, but....

Original shareholders in Indian Pacific become noteholders when the WAFC took over the Eagles license.

The main benefit they get is priority access to finals tickets which is especially handy come GF time - basically guaranteed a ticket if you're a noteholder.

oh ok....

how many are available to buy??

Grand Final appearances are not too far away for these boys...

as in 5 years.. $1500... $300 a year approx... worth it for a guaranteed ticket to a GF

 

[kaneos83]

WCE note for sale
http://www.gumtree.com.au/s-ad/canning-vale/collectables/west-coast-eagles-note-x-1/1032902797

 

[East coast eagle]

Are you the same kane that has all the other WCE stuff for sale? ^^

 

[Shupe]

So, how bout dat inflation?

 

[greennick]

Too much, IMO

 

[Spooky17]

So, how bout dat inflation?

Dem the times

 

[The Falcon Strike]

So, how bout dat inflation?

Not inflation, growth in asset value.

Two different financial concepts.

Not overly different to selling a house for more than you bought it for.

 

[West Coast Weasel]

Awww, the note's not on Gumtree anymore

 

[Shupe]

Not inflation, growth in asset value.

Two different financial concepts.

Not overly different to selling a house for more than you bought it for.

This is why I don't do economics.

 

[TOA.]

Awww, the note's not on Gumtree anymore

I wonder how much it sold for.

 

[Chris who]

Houses depreciate an have maintenance. Pattersons selling for 2600 ATM anyway

 

[matt_bas]

How much was it going for?

 

[Chris who]

How much was it going for?

3000

 

[matt_bas]

Wow! Thanks for that

 

[The Falcon Strike]

From memory the face value is $500, so after 27 years they are worth $3000 - so roughly a 7% return.

Not exactly a booming asset in reality

 

[Chris who]

Scalping guaranteed gf tix over the life of the note would help!

 

[Marlin01]

I'm almost tempted to sell my two for $3000 each, chances are you'd be able to manage Grand Final tickets without them anyway.

Will they drop in value once the new stadium is up and running?

 

[matt_bas]

Will they drop in value once the new stadium is up and running?

As long as they don't issue more then no.