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marston59
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Posts posted by marston59
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The Royal Mint have increased the price for the second 5 oz gold to £12300 first was £11995
- AndrewSL76, Chrisplym, MancunianStacker and 1 other
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Royal Mint Sellers 0%?
Consign Your Coins to a Royal Mint Auction
Are you looking to sell a coin or coins but don’t know where to start? Offering competitive selling fees, often 0%, and with a huge database of potential buyers, The Royal Mint’s Collector Services team is here to help.
With more than 1,100 years of experience striking and selling coins, we value the importance of finding the right buyers. We know how difficult it can be to part with your coins so let us help you make sure they end up in the right hands for the right price. By consigning your coins to The Royal Mint’s auctions, you can ensure that a large, buying audience will see your coins, which will give you a better chance of selling them at a fair price.
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Just received an email from the Royal Mint that my plain edge will be sent out within 48 hours
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If that date is correct then the Royal Mint should have to get the first release coins out that buyers are waiting for.
I was told release date was March.
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It seems to me that not many of us wanted to buy into this release.
But as collectors we all decided to buy a silver 1 or 2 oz coin anyway.
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26 minutes ago, paulmerton said:
Just got an email about mine being processed for dispatch already!
Yes me also, but these should not have been produced when they have hundreds of the Gothic Crowns from Decembers release still not sent out.
- NewCoins and SilverMike
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Looks like the Royal Mint have cheery picked the best for grading.
100 graded PF70
- NGC Cert #
- 6542188-080
- NGC Description
- 2022 G.Britain King Henry VII British Monarchs G100P
- NGC Grade
- PF 70 ULTRA CAMEO
- Pedigree
- One of First 100 Struck
- Label
- 1792
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The British Monarchs Collection
Available TomorrowThank you for registering your interest in our British Monarchs series. The collection starts with a coin for Henry VII, the legendary founder of the Tudor dynasty.
Available to purchase from 9am GMT tomorrow - Monday 24 January 2022.- ArgentSmith and James32
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They also issued a 1oz in 2021.
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Most seem to be missing the point, the new auction platforms are only charging buyer fee, say 10%.
These have no guarantee for the seller, it’s about time the risk was removed.
The new platform from the TCC will protect the seller.
The seller has a choice auction at risk but will sale, or buy now but may take time to sell.
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19 hours ago, NewCoins said:
I guess it depends on the definition of seller.
People in all walks of life, whether it's houses, cars or whatever else, have an idea of what they think the value that something is worth.
Sometimes the market doesn't agree with that, sometimes to disappointment.
In those instances, you need to reevaluate what value you have apportioned to the item, and decide whether to accept the markets appraisal, or, decide not to sell it, if you think the value will improve.
In terms of coins, I think what @BackyardBullion said is spot on.
So you would be happy to sell say 2 coins you brought 2019/2020 issue price 24k for 15k a year later, because that's the current market price, the winner is the auction house and the buyer.
The coins sold at the TCC auction where not mine.
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An update from the TCC
It’s a way forward for sellers who want a reserve set.
We also plan to launch The Coin Cabinet marketplace this year. This will allow our clients to list items at ‘buy it now’ prices. We believe this offers a solution for one-bidder type coins that constitute a high risk (or in case the consignor uses The Coin Cabinet guarantee, our risk) in a non-reserve auction environment. To take part, items for sale will be sent to The Coin Cabinet for storage while listed on the marketplace. The commission will follow the same structure as our auction consignment.
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The TCC is an excellent platform with only 8/10% seller fees, I have brought and sold.
But as a seller you are not in control of the price as many modern coins sell well under issue price, good for buyers.
I have watched modern coins with an issue price of £12000 sell for £8500 with fees to be taken as well.
That seller would not have accepted that price if offered pre auction, with a reserve and lower seller fees he would have been in control.
A new platform with 0% seller fees a reserve and 10% buyer fees.
This is just my way of improving conditions for sellers.
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Can anybody recommend any 0% seller Auctions?
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I'm still waiting for my 5oz and 1kg coins, Royal Mint so slow on this issue.
Anybody in the same position?
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This is just my opinion; all coins I receive from the Royal Mint I send for grading so they must have a chance of obtaining a grade 70.
All 5oz and above coins I send for grading have high fees etc. so I return marked coins to the mint and ask for a replacement or refund or on some (Great Engravers) I ask to have them returned.
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3 hours ago, louisfinlay said:
Do pcgs use your FedEx account to return to you then?
PCGS use FedEx to return, or you can arrange you own return.
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3 hours ago, louisfinlay said:
I submit coins to ngc myself but would like to start using pcgs instead. I send my coins to ngc via Royal Mail. I noticed on the pcgs website that they do not accept posted coins by mail. Could any of you guys who submit yourself to pcgs advise me of how to have the coins delivered to Paris? Many thanks.
I use FedEx, normally about £37.00 a parcel
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1 hour ago, Fivepoundfred said:
I noticed that the first two gold two ounce gothic crowns have now been graded by NGC, one 69 and one 70.
Like most still waiting for the RM to send out my gold coin
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5 minutes ago, NewCoins said:
Delighted you guys are getting dispatches!
Needless to say mine are still in open orders.
The pictures are just making me look forward to getting mine more.
Maybe I should get one from ebay in the meantime if they have continue to drop 🤔
That's what I did
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All of these worries for buyers could easily have been removed, Royal Mint please produce the coins before selling.
Royal Mint - Great Engravers 2021 - Gothic Crown information
in General Precious Metals
Posted
I'm still waiting for my 5oz and 1 kilo silver Quarter Arms