Brexit and selling

[RoughDog]

I am not sure they will have to take a loss.

Lets say for argument sake that it happens tomorrow.

A week later the new queens beast coin is released and the design looks great.  The cheapest the coin can be purchased in the UK is with the 20% VAT.

Will people still purchase it?  Yes.  Why?  Because people purchase it from UK dealers now with the 20%.

Forward a year into the future.  Someone wants to purchase the Queens beast that released a year ago.  You honest think that UK people will be able to buy it for less than when it was released, from a seller willing to take a loss.  Doubt it myself.  Why?  It's near impossible to get hold of older coins like lunar series one, queens beast lion for anywhere near price they were released at.

Only a guess.

[AppleZippoandMetronome]

I agree some people will carry on buying but what I'm saying is that less people will buy and that lack of demand will make it hard for people to recoup that 20% on an open marketplace. Collectors will still collect but folks just stacking for the future I think will move on to something else.

[RoughDog]

Here is an interesting thought. As dealers give about spot price for silver, is anything but the very cheapest bullion, silver or gold a collector item?

Silver Perth mint lunar, panda, dragon and tiger? All collector coins? I think so.

I would go as far as saying nearly all new coins are collector coins. This includes gold coins too. Gold queens beast has a premium above britannia so I would argue that is a collector coin too.

As far as I aware it's best to sell collector coins privately rather than to a dealer. Which means the more collector coins I purchase the more of a headache to sell, unless spot has risen crazy amounts and I am happy selling for a low premium. If I planned to do that then it was a bit silly of me buying collector coins.

I do love collector coins.