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Richym99

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Posts posted by Richym99

  1. 7 minutes ago, CollectForFun said:

    Fair enough if that was a good deal - I do not collect sovereigns so have no idea, but a quick search reveals that at least one of those years could have been obtained from The Coin Cabinet auction somewhat cheaper recently. So as usual, it's just a trade-off buying a specific year for slightly more from a numishop, rather than having to wait for a possible but uncertain better deal at an auction.

     

    Undoubtedly, everyone will find one cheaper at auction. While the 1931 was £40 cheaper in the last CC auction, the 1930 was £40 more expensive. Swings and roundabouts really. 

  2. 4 hours ago, CollectForFun said:

    In fact, it is just the same firm. On ma-shops they sell under their actual firm's name Comptoir des Monnaies, while their own site is for obvious reasons operated under more international numiscorner.com name. Good dealer nevertheless, though, as is usually the case with online numismatic shops, can be a bit pricey...

    I must have got a pretty good deal then. I compared the £422 I paid for each of the MS graded 1930P (MS63) and 1931P (MS62) with what was available elsewhere and didn't find a comparable price. Chards price for a VF 1930P is £521 ungraded. 

  3. I know you don't want to do this, but your only option may be to pay the v.a.t and then hit them with country court papers for the reimbursement, plus your time spent on dealing with it, and 8% interest from the day of filing.

    You have a cast iron case for reimbursement, and I suspect that they won't even acknowldge the filing, giving you a default win.  Even if they did respond. the case is heard in Hereford, which is your entitlement as a private plaintiff against a company.

  4. At least one of my purchases is on it's was anyway, and I received an intorductory email from an english speaking representative of Le Comptoir des Monnaises, the firm I bought from, suggesting that if I purchase from the again, to use a private email address, for which he will offer a 10% discount and priority shipping.

    I then got an email from numiscorner.com, advising that my purchase was on it's way, so I am guessing that a number of firms are working together and cross advertising for a cut of the purchase price. 

  5. 23 minutes ago, muneeb said:

    Yes, I want a sovereign from the 60-90’s as it is more interesting to have and to add to a collection. 
     

    I will have a look at the past auctions. Thank you for that.

    Regards

    1957 to 69 "Gillicks" are popular and tend to attract a bit of a premium on them, because most were non circulation so are in good condition, yet old enough to have historical value. The first decimal set, from 74 to 84 "second portrait" are probably the more affordable from those dates. 

    The third portrait, from 85 to  97 were only minted in Proof condition and cost upwards of £400 at a minimum. 

    BTW, if you are looking for interesting coins, ignore the modern sovereigns. They look neither gold in colour and have much less detail than the older varieties. 

  6. My suggestion. Have a look at the Coins of the Realm and Coin Cabinet past auctions and see what has been on offer before within your budget, and what takes your fancy.

    Suggest that you will pick up a George V pre WW1 or even a Victoria Old Head for £330 either on here or in one of their next auctions. Much more interesting than the modern sovereigns. 

  7. 15 minutes ago, AndrewSL76 said:

    You have 14 days to pay via Coin Cabinet. It was 21 days but they have recently amended and updated their terms and conditions. 

    Section 8.2 sets out (and note the the following is an extract) that:

    8.2. Notwithstanding the rights as set out under clause 12, should a Buyer fail to pay within 14 days after receiving an invoice, the Auctioneer reserves the right to take legal proceedings against the Buyer, as well as pass collection over to a debt collection agency. This would entail a collection fee of 15% of the value of the total order, payable by the Buyer. [...]

    https://thecoincabinet.com/terms-conditions/

    Andreas Afeldt sent out this email 10 days ago with revised terms and conditions . You will see that payment terms have indeed been reduced to 7 days. They will start recover proceedings after 14 days

     

    Dear auction buyers and consignors


    We are driven by a passion for coins, and determined to offer our clients the best trading platform in the industry. Maintaining the quality and integrity of The Coin Cabinet service lies at the heart of our business, and applies equally to both auction buyers and consignors.

    We have recently experienced some auction buyers taking longer than the required terms to complete their payment, resulting in late settlement to our consignors.

    Following a review of payment terms in consultation with consignment clients, we have decided to apply the following changes to our terms, with immediate effect from auction 40 this Friday (link to this auction here)

    •    Reducing auction buyers’ payment terms from 14 days to 7 days
    •    Implementing an enforcement strategy if payment is not received in full by the due date
    •    If a debt collection agency’s, or a solicitor's, services are required, its fees plus interest will be added to the payment invoice
    •    If a debt collection agency’s services are required, its fees plus interest will be added to the payment invoice
    •    Reducing our payment terms to consignors from 30 days to 21 days

    Our terms and conditions have been updated to reflect these changes. Please note that they allow us to take further action against late or non-payment from day 15. This includes, but is not limited to:
    •    Rejecting participation in any future auction
    •    Handing over to a debt collection agency
    •    Legal action.

    As a result of these changes, we may request additional documentation as part of the auction registration process, including proof of funds (particularly for bidders located in countries inaccessible to British legal authorities and credit agencies). We believe this will be received well by new clients, as the process offers greater security for both bidders and consignors.

    Our vision is to make the coin market a more transparent, secure and liquid marketplace with low barriers of entry and low transaction costs. Our previously generous payment terms have not allowed us to maintain this vision and support all clients equally.

    We are confident that these changes will have a positive impact not only on The Coin Cabinet auctions but on the coin market as a whole, as prompt and reliable payments will allow collectors and investors to reinvest into the market sooner and more efficiently.

    We will continue reviewing and improving our systems to make sure they support our long-term goals, and are thankful to those whose feedback has helped us fine-tune The Coin cabinet’s client service, processes and terms and conditions.

    Sincerely,

    Andreas Afeldt
    Managing director, The Coin Cabinet

  8. 4 hours ago, Foster88 said:

    That sounds like you did well with your sovereigns, well done.

    Were these graded with NGC or PCGS?

    That was NGC, using the arrangement that TSF has with @coinsoftherealm to make things simpler for submissions. They will be coming back with TSF labels too. 

  9. On 27/05/2021 at 17:51, Richym99 said:

    I was told by Louise at Coins of the Realm that the turn around is generally about six weeks when I submitted coins for conservation and grading last week.

    You should know how they have been graded before that time.

    If you go through CoR, they do all the leg work for you.

     

    I had a call off Louise today, to let me know the grading for the six sovs I sent for conservation and grading had been graded. So on target for getting them back about two months after submission.  

    Very happy with the grades too. 2 x PF70 UCam (1980 and 2009), 2018 SotD Prince George 5th B/day MS70 DPL, 2012 SotD Jubilee MS66 DPL, 1962 MS64 and an 1895m AU58. 

  10. 19 hours ago, Binny said:

    I have emailed Bairds and will see what they say. All comments are welcome and appreciated.  I have over 60 sovereigns now and this is the only one which doesn't feel right. It isn't terrible and Bairds may help anyway. Main thing is I am looking to sell a few and I really don't want to be found selling fake sovereigns on TSF.

    That is what eBay is for. 👍

    Matt

    The problem is, as far as I can see it, you might not be able to sell in on TSF anyway, now you have highlighted suspicions. Would you buy something that has been identified as a potential counterfeit item (not just sovereigns).

    If I had suspicions about a coin, my first thought would be to take it to an independant bullion dealer and get it tested, rather than advertise my suspicions.

     

     

  11. 23 hours ago, Booky586 said:

    I hope I'm wrong and don't want to worry you but it looks suspiciously like a counterfeit to me.

    On the back of George's head there are raised globulals as if he's been sweating, these shouldn't be there. The field should be flat but yours looks rough and uneven. There's a crack running from his top lip to the letter S and the lettering looks rounded at the edges instead of crisp. It could be a cast copy.

    I would advise you to check it's weight and dimensions to see if there is anything else out of the ordinary.

    The problem is, when you and others say things like that, you do cause worry, particularly for newer members of the community. Judging by the number of threads here lately refering to fake coins, anyone would think that one in two was likely a fake. It is making people second guess themselves.   

    How is it that very few will judge the grade of a coin based on a photograph, but many are happy to pronounce a coin as likely a fake based on the same photographs.   

  12. 18 minutes ago, Fadeingstar said:

    I think there is zero fees for buyers except postage. I assume the people that consign their items to auction pay the auctioneer fees.

    Buyers pay zero fees. Consigners usually pay 10% of hammer price.

    Shipping in the UK is by DHL and costs £12.50 per shipment (or combined purchases.

    Coin cabinet email successful bidders a couple of days after the auction, with invoice of final cost and details of payment methods. Terms are payment within seven days of invoice.  

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