10oz Kooks - looking for advice and valuation

[Goldhooked]

In my eagerness as a beginner to add to my stack before I had any kind of plan, I got hold of three 10oz Kooks.  Although they are really nice looking coins, I've decided they're not really what I want to hold.

Now before I put them on the classifieds I'd like some advice and a valuation.

I'll start with the 1996....

 

I'm not sure how perfect these things are supposed to be but I've pointed out some 'flaws' I have noticed...

Not sure if these are small scratches or can been cleaned - I dare not risk any cleaning myself...

On the edge there is some blue-ish tarnishing...

On one of the ridged edge parts there are some marks...

I appreciate this would probably not reach top premiums but could someone advise what I might be able to sell it for?

[Pete]

Current price in Germany shown below - circa £275.
Personally I think £27 per ounce is too high for a bullion coin so this specific coin would need to be seriously wanted by a collector.

Today you can buy a new 10 oz Kook for £163 from STG but their buy back price is only £127.

 

 

[Goldhooked]

Having monitored eBay sale prices for a while, the older ones seem to attract more of a premium, not sure if that's due to lower mintages and/or age?  I just wonder how much of the premium I've lost with the flaws I've highlighted above?

[motorbikez]

I'd value that coin you show at around £200, the blue toning on the reeded edge is meaningless & doesn't affect value, the scratches do though.

[Pete]

11 minutes ago, Goldhooked said:

Having monitored eBay sale prices for a while, the older ones seem to attract more of a premium, not sure if that's due to lower mintages and/or age?  I just wonder how much of the premium I've lost with the flaws I've highlighted above?

With the randomness of eBay prices then I very much doubt these flaws will have any affect - bullion even if in a capsule.
You might strike lucky with a buyer but I noticed on this forum some 10oz coins selling at £150.
That kind of sets a benchmark for astute buyers but as said earlier this would perhaps appeal to a collector but timing is another matter.
Don't forget the 15% approx fees selling on eBay.

[Goldhooked]

2 minutes ago, Pete said:

With the randomness of eBay prices then I very much doubt these flaws will have any affect - bullion even if in a capsule.
You might strike lucky with a buyer but I noticed on this forum some 10oz coins selling at £150.
That kind of sets a benchmark for astute buyers but as said earlier this would perhaps appeal to a collector but timing is another matter.
Don't forget the 15% approx fees selling on eBay.

That was a 2017 that went for £150.  As mentioned, the 1990's coins do seem to go for a higher price no matter where you look.

I think you're right though - it's finding the right collector that's interested.

[kimchi]

4 minutes ago, Goldhooked said:

That was a 2017 that went for £150.  As mentioned, the 1990's coins do seem to go for a higher price no matter where you look.

I think you're right though - it's finding the right collector that's interested.

I think you've hit the nail on the head there. I'm toying with the idea of a 2017 10oz myself because I want to get the price average down across my stack and they're lovely coins going for good value at just over £150 now, but I've re-watched @ShadowStack's excellent 'foundation' video again today and think for my needs/wants he's spot on - 1 oz is probably my best bet.

Not to say the market doesn't exist, I'm sure it does! Like you say it's finding it though.

[Goldhooked]

The 1996 was only 7557 minted.  I can't find a total mintage for the 2017 but I'm sure it will be higher than that?

There are a few 1996's on eBay for around the £360 mark but that seems a bit high!

[shawy2510]

I sold a 1996 not so long ago for jist over £200 on Ebay auction. Was in perfect condition though.

 

 

[Thelonerangershorse]

I have a 2017 10oz, and yes it's a beautiful coin and I'd be happy to buy another, but in reality they're just bullion, so I wouldn't really want to go much above £150ish.

[Goldhooked]

Thanks all.  I've put it in the For Sale section for just over £200.  Will see how it goes before I try it on eBay.

[watchesandwhisky]

Just remember all the fees, paypal fees, and the fact you might get scammed on ebay. 

Buyers are very savvy here and want the best deal, so i am confident you will not get ebay prices here.

Beautiful coin though, good luck with your sale.

[Goldhooked]

1 minute ago, Madstacks said:

Just remember all the fees, paypal fees, and the fact you might get scammed on ebay. 

Buyers are very savvy here and want the best deal, so i am confident you will not get ebay prices here.

Beautiful coin though, good luck with your sale.

Thanks.  I don't expect to get close to prices being asked for these on eBay - I'm not sure even the ones listed on eBay for £360+ will sell at those prices!

I am comfortable with using eBay though if I need to.  About 25% of my businesses turn over is through eBay - we do a lot of business through there.

[watchesandwhisky]

Yeah i am overly cautious with ebay to be honest, to get a sale here i would take the ebay completed prices that these coins have achieved, and knock 20% of minimum, with the ebay fees and paypal fees its pretty much the same result (unless you have some voucher for £1 max fees or something)

Those ones for £360 are wildly optimistic, one for £237 plus £11 postage in its original case did not sell so i think they have no chance.

[Pete]

20 hours ago, Madstacks said:

Those ones for £360 are wildly optimistic, one for £237 plus £11 postage in its original case did not sell so i think they have no chance.

I see coins listed on eBay e.g. item 331169080074  at over £800.
I have a tube of these coins but would be lucky to get £100 each if I put them up for sale.
Forget list prices on eBay; always look at the sold ones with actual bids to determine realistic prices.

[Goldhooked]

1 minute ago, Pete said:

I see coins listed on eBay e.g. item 331169080074  at over £800.
I have a tube of these coins but would be lucky to get £100 each if I put them up for sale.
Forget list prices on eBay; always look at the sold ones with actual bids to determine realistic prices.

Yes I know to look at sold prices.  There was a 1995 that sold for £370 in September.  However, most of the 1990's ones seem to sell around the £200 - £250 mark though hence why I haven't priced mine at the top whack prices.