Pete

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

Absolutely perfect !!
That's what I am talking about - REAL Platinum on the S.F. and not some party pieces celebrating Her Majesty where everything is prefixed as 'Platinum'.
As for the Completer - already have one thanks.

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

I don't know if any other fellow stackers are having the same experience, but I am wearing thin with so many posts using the word "Platinum" in the title creating immediate interest only to find it is the friggin' jubilee. Got to start a campaign to restrict the use of 'Platinum' in a precious metals forum to the metal and not the anniversary.
😣
 

Platinum arrived this morning with the 10 oz silver completer just released.


 
 
 

Quick check just now on current prices in the EU -
2008 Mouse €150
2009 Ox €95
2010 Tiger €78
Rest steadily falling to around €70
With an exchange rate almost cancelling out UK VAT these prices could translate to £-sterling.
However private buyers don't allow for VAT so perhaps you might struggle to achieve these prices.
Probably get higher prices selling on eBay but will you earn the same after fees ?
 

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

Your comments mirror my experiences with respect to selling proofs. Hard lesson.  

Many stackers have shared their secret hiding place on this forum - at the bottom of the sea due to boating accident etc.
Well this stack will make your eyes water -
https://www.livescience.com/treasured-shipwreck-off-colombia-has-rival-claims
 
 

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

9 times out of 10 you will make a profit dealing in gold when spot moves higher.
Margins are typically only a few percent, perhaps up to 10% for special releases etc.
If you have bought your gold near its highs then you will be hoping for a steady rise but there is always risk that it could fall of course.
Proofs as I mentioned ( for me anyhow ) have been a lesson so happy to share my experience.
Silver does still look cheap by comparison were it not for UK VAT and high dealer margins at the moment.
There are bargains to be found so monitor the buy & sell section on this forum.
I think that because silver is trading on the low side right now ( does this mean much more upside ? - flip a coin for your answer - but I think it will creep up ) it seems a better bet for speculation. Once again avoid the proofs unless you see a great deal. Silver is prone to random milk spotting so a stunning flawless silver proof might one day disappoint and for this reason I also got rid of most of my silver proof coins, selling many at a nominal loss but before the "pox" sets in.
Again, many exceptions with some coins fetching eye-watering prices but I still remember the Britannia / Horse MULE selling for £1,000 on eBay and you can probably pick one up today for around £40.

Thanks @Tn21
I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
Their best price that day was 97.5% of spot.
Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
I only wish I had kept the screw capsules as well as I felt I was being fleeced.
I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
I think when gold is at a high, buyers are reluctant to pay much over spot.
If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.

Many stackers have shared their secret hiding place on this forum - at the bottom of the sea due to boating accident etc.
Well this stack will make your eyes water -
https://www.livescience.com/treasured-shipwreck-off-colombia-has-rival-claims