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Richym99

Platinum Premium Member
  • Posts

    288
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Richym99 last won the day on September 25

Richym99 had the most liked content!

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About Richym99

Profile Information

  • Gender
    Not Telling
  • Location
    South East Wales
  • Stacker/Collector
    Stacker

My Precious Metals

  • Metals I am interested in
    Gold
  • I am interested in
    Bullion
    Collectible bullion & Semi Numismatics
  • My current Stack/Collection is mainly
    Gold
  • What I am collecting / Investing in
    Full Sovereigns mainly.

Recent Profile Visitors

487 profile views

Richym99's Achievements

  1. Nobody forces anyone to buy slabbed coins. There are plenty of outlets selling raw coins as well. As you say, however, Caveat Emptor. You only have to look at the number of threads in these very forums started by individuals who have bought or thinking of buying coins that they are having doubts about authenticity. Then you have the other side, where someone will post a photo of a coin and ask for an opinion on it's grade, only to be told it is not possible to reliably judge from a photo. But isn't that what you do when you buy a raw coin online. You look at a photo and make a judgement whether it is worth what you are being asked to pay for it. At least with slabbed coins, you are buying something which is 99.9% guaranteed genuine and is of known quality, which you can then compare for value to similar quality coins.
  2. NGC only grade the coins on an anonymous basis, so to suggest they can ruin a collector is a liitle OTT. They do not assign a value to any particular grade. Ultimately, the only person responible for the final sale price is the person who submitted the bid. If they over bid then it is they who have to accept the responsibility.
  3. In fairness, MS66 is the highest that a 1957 has been graded, and there are only 6. That commands a high premium in itself
  4. Good for buyers, not so much if you are a seller. 75 out of 200 lots in the CoR went unsold.
  5. Looking at the results from yesterdays three auctions, there is a striking difference between the results of the two Coin Cabinet auctions, and the CoR auction which was sandwiched in between.
  6. Second purchase arrived this morning. Again, posted through the letterbox, no duty to pay.
  7. Richym99

    Shall I conserve?

    The first six coins I sent to NGC for grading, four were modern (EIi sovereigns and two older (a Vic and a GV) I marked all six for conservation as well as grading. The conserved the four modern sovs, but declined and didn't charge for conserving the two oldest.
  8. Just following you lead really Foster. They are a nicely compact set of ten, which makes collecting them attainable, albeit a little expensive for the Melbournes, but comparable to collecting shields.
  9. Took me a few minutes to figure why you were selling a 1957 after buying one. 😀 Nice upgrade Rich
  10. I have just paid £422 for a 1930P, albeit MS grade. The grade makes all the difference to the value. Of the "small head" George V sovs issued between 1929 and 1931 inc (and 32 in South Africa), the Perth mint coins are either regarded as scarce or rare, whilst the Melbourne coins are even rarer. All the SA dates are common. Sydhey and London did not issue sovereigns in those years. Even if you don't want to swing to the expense of a copy of Marsh, I would suggest at least going onto playbooks and buying a downloadable copy of Spink's Coins of England (Which covers everything from Roman times to 1971 for all denominations) together with the Decimal version, covering 1971 to the modern day. You will soon get your money back.
  11. I sincerely hope you do find a buyer. You have given yourself a best chance, but even if you don't, you haven't lost anything and know you tried your best. Good luck.
  12. That would work if you are stacking Brits, Krugs or any number of other modern coins that rarely change in mintage or design from year to year. Much of their value is solely in the precious metals. Sovereigns are very different. Unless you know the difference in value between, for example, a 1931 Melbourne mint and a 1931 South Africa mint, you could be throwing away thousands when you sell. As far as intrinsic value is concerned, they are both worth £301, but a good quality Melbourne can fetch upwards of £750 while the SA, identical in every way except for the letters SA may get yoh £400.
  13. I will stand corrected, but most outlets for buying coins in bulk, such as bullion dealers, porn brokers etc will expect to buy at two or three percent below spot. They will then go through them and resell the better examples at a premium. That is where places like this come in. People will snap up reasonable quality sovereigns for £320 day in day out providing they don't have obvious defects like knocks and scratches. Better look after them and sell 30 on here for £9,600 than not look after them and take £8,760 for them and watch someone else cash in.
  14. I suppose it depends on how much value you assign to the them. If you consider that, as bullon coins, they are only worth their intrinsic value, then it will matter not what condition they are in. You can put them in a carrier bag and they won't lose their value. After all, you will be selling them as scrap value for melting down. If, however, you think that some might be worth a little more than the intrinsic value, it is worth separating them out and properly storing them. Just because you are a stacker, not a collector, presumably still means that you want to get the best possible sale price when it does come to liquidating your assets. Personally, if I had a stash of possibly gVF-EF quality sovereigns, I would be doing everything to maintain that and avoid metal to metal contact.
  15. Ouch. Speedy recovery to you. Suggested reading too are meals that can be prepared for somebody like yourself with a wired jaw. There are a few out there.
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