kurama

Reduced

Hi all,

I'm selling my very small collection of silver bullion coins. I would like to sell these as a set to someone. (Not individually please).

They are all in capsules, and are unmarked (some capsules have slight marks, but the coins are good).

Included is:

• 1 x 1oz silver 2014 Royal Mint Lunar Horse
• 1 x 1oz silver 2015 Royal Mint Lunar Sheep
• 1 x 1oz silver 2016 Royal Mint Lunar Monkey
• 1 x 1oz silver 2017 Royal Mint Lunar Rooster
• 1 x 1oz silver 2018 Royal Mint Lunar Dog
• 1 x 1oz silver 2019 Royal Mint Lunar Pig
• 1 x 1oz silver 2020 Royal Mint Lunar Rat
• 1 x 1oz silver 1998 Royal Mint Britannia

Price for the lot is £260 £255 inc RMSD. Payment by Bank Transfer of Paypal F&F.

Thanks

1 minute ago, James32 said:

Thanks to @kuramafor today's arrival and personal touch.

A pleasure to deal with @James32

8 hours ago, Foster88 said:

I received this very nice George V 1918 Sydney mint sovereign from @kurama who is a new member selling on the forum.

The 1918 sovereign date and Sydney branch mint isn’t seen very often despite its mintage.

It’s certainly seen less than the 1918 I, P and M branch mint sovereigns.

 

What a lovely looking coin, the previous owner must have looked after it well 😉

14 minutes ago, morezone said:

Moved to discussion area and changed topic to reflect discussion/advice.

Thanks! 

6 hours ago, morezone said:

Are you selling sovs for £320 + postage or asking for feedback on pricing?  If it is the latter then the sale section is not for discussions and only to be used for items for sale and with a definite asking price.  If it is the former then please change the prefix to " for sale" and set a clear asking price.

Please read the quick start guide located at the top of this section if you are unclear of the rules and guidelines:

 

Apologies, I wasn’t sure what section to put my question to. I’ll add a proper post marking for sale soon 👍🏼

2 minutes ago, Leonmarsh said:

To be fair to the OP between 320 and 370 depending on condition, mint mark etc etc 

But for a standard bullion sov for a quick sale 320- 330

 

Cheers mate, they are standard bullion, but lovely and clean and look absolutely gorgeous! I think I've got 1912, 1913, 2018 and 2021 (from memory!)

Hi everyone, what's the current going rate if I sold my sovereigns please? Would £320 + postage be reasonable? Thanks in advance

Similar website issues as others - ordered and nothing after the verification.... but the money has been taken. Will give them a buzz tomorrow! haha thanks for this deal - even though my budget was already well and truly spent this month! 🙄

Such an itchy feeling holding your finger over the buy button... 🙄

3 minutes ago, Bars said:

A pound more and youll get a nice chip muffin 😉

The spot price has just gone up a pound, I can't afford to now! 🤣

1 hour ago, Nugget said:

....now I'm trying to save a fiver lol 😂

I know what you mean, however I think that fiver I've saved will go towards my large cod and chips later for fish and chip Friday 🤣

2 minutes ago, Nugget said:

I just buy every month and then don't worry or look at the price lol.

I think you've got to be in it for the long game. And unlike bitcoin @Nugget you've got that lovely 2021 brit to hold and admire. Love the way they've done the padlock-to-trident security measure. They'll be offering personalisations of that soon, made to order with your initials instead of the trident 😄

11 minutes ago, Swampy said:

@KPW82it does jump about - it’s all rather volatile😂! I’ve now ‘lost’ £62 and all I did was walk the dog! 😳

💎🤚🚀

 

Haha I know that feeling!! But you’ve got to say to yourself that you’ve only ‘lost’ if you sell. 

51 minutes ago, Stacktastic said:

https://www.ebay.co.uk/itm/Absolutely-Stunning-Large-Art-Deco-Uranium-Glass-Fruit-Bowl/333896204473?hash=item4dbdc3c0b9:g:7zAAAOSwpTFgMUMe

That’s a lovely looking bowl to store some gold coins in 😁

2 hours ago, Abyss said:

My avatar is baby Yoda but I hope my advice still counts.....

As Pete already stated with generic 1 oz raw bullion coin purchased in the UK it is about the type of coin and the premium over spot and delivery cost. Don't be fooled into thinking that 1 oz Gold 999 coin are all the same

https://atkinsonsbullion.com/sell-to-us/gold-coins?sort=Please Select&quantity=24&page=1&view=grid&filter_weight=weight_1ozgold

You will notice Austrian Philharmonic and UK Britannia Post 2012 1oz Gold coin difference in £30 dealer willing to pay depending what type of coin you are selling.

Don't stick with UK dealers look bullion dealers in Germany / European mint / Coininvest (sometimes do special offers).

In the current climate looking at 3.5 - 4.0% over spot from a dealer premiums will reduce if you buy a full tube. Holding your first 1 oz Gold coin has a special feeling. Be careful don't want to end up being called a Gold bug....

Haha thanks for the advice @Abyss and I think massive fitting your avatar if baby yoda!! 👌🏽😁

I think in honesty I am leaning towards my first gold coin purchase to be a 1oz coin rather than a sovs. When @Pete talked about his first gold purchase being the 50g gold bar and how chuffed he was - I think that’s the feeling I’m after 👍🏼 The sovs and their advantages of margins and liquidity can come afterwards I think 😊 

Thanks @HerefordBullyun

When gold was at its peak recently what sort of price were the average  sovs being sold for?

I’m trying to find some historical price charts for sovs but can’t find any.

Cheers

2 hours ago, Bigmarc said:

Hi good post 

I am currently in the same position. Just wondering what route you took to sell your silver. Did you try to offload quick or get the most from it? 

I am attempting to make room for some sovs, so I am going to get rid of all my pre 1947, then some of the pre 1920s, should make enough to order my first 5 if I get a decent price. 

Did you price it up at spot? Under? Over?

Cheers bud

 

 

 

I guess just market forces really, and a bit of luck! I bought a load NZ silver coins around 6 months ago, which was my entry into precious metals and I managed to sell them all this month making around £5 a coin. I sold some on eBay but most of them in person. 
 

The ratio of silver vs gold looked a good time to sell my silver and go for some gold imo 👍🏼
 

And I’ll treat myself to membership here too so I’m in for a shout for a good deal 😁

Good luck with getting your sovs 

1 hour ago, Pete said:

1. It's all about margin over spot i.e. what you pay for your coin(s).
The margin over spot is quite variable to check carefully before buying and remember that 22 ct gold is not the same as 24 ct in your spot calculations.

2. When selling you can expect a price from any main dealer at spot less a couple of percent according to gold content
This is irrespective of the coin  - sovereign, Britannia, Krugerrand etc - it's pretty much all about the 999 gold.

3. The advantage of smaller value coins like sovereigns ( or even half sovereigns ) is you can always sell them privately if you need to raise some cash without unloading your full ounce coin.

4. There is something nice about a full ounce Britannia.
If your first experience of a gold coin is a sovereign or half sovereign you might be a little disappointed when seeing it's size.
You might even get the two confused and many people make the mistake when holding a full sovereign for the first time believing it to be a half sovereign so watch out.

5. If you have the option of buying a 24ct Britannia rather than the 22ct Britannia, choose the 24 ct as if selling back to a dealer, you will usually get a slightly higher price.
There is also the mental satisfaction in holding pure gold rather than 91.6% pure.

6. My first gold purchase was a 999.9% 50g bar which I was proud to show friends at the time.

7. Whether you choose sovereigns over 1 ounce gold coins the fluctuations in daily prices of gold will soon wash away any small differences in differential price so buy what you like and where you feel you are getting the best deal.

Quality post thank you @Pete, lots to take away.

38 minutes ago, Cornishfarmer said:

I haven’t looked at 1oz pricing lately but queens beasts maybe £15 more.    3or 4 pints or a takeaway.   I’d spend the extra and have something nice to look at.    People get hooked up on premium but a few £ either way you’ll forget about in a week.       If you want to stack bullion go for sovs as easier to move on and not get attached to.      I maybe selling some gold in a few months because my wife wants to re do our house but it will be hard to part with pandas/nobles/ lunars but not sovs

Haha very true, off to McDonald's drive through shortly to pick up some lunch for the kids - there's goodbye to that premium saving! 😆 Those Lunars look awesome. Ox should be out soon, if not already.

Thanks for the advice everyone, you can't beat being given advice form people who have researched the nooks and crannies over a long period of time.

I am involved to make a profit, but certainly not the only reason. The metal itself, from the sexyness of some of the coins to poured piece of art - its all just fun to be owning such pieces really.

I've never considered Sovs, and after reading @dicker comment - I realise there's some good history to be aware of.

Interesting no-one has mentioned 1/4oz gold coins - is this premium just too high on these? I've got so say the 'Gold Standard' and the 'Lunar Rat' look simply awesome!

Hi all,

Looking for some friendly advice from the wise please... 

I’ve just sold my first load of silver coins in effort to buy my first gold bullion. I’m eyeing up a 1oz Brit but not sure if it’s the right first move into gold.

Any advice on the best way to start out would be awesome 👏 👌🏽 

Cheers in advance 

Hahaha thanks for that, can you tell I’ve only been in the game 9 months 👍🏼😁