Sovereign experts I need help?

[Leonmarsh]

Hi all 

Been looking at this coin for months and a little out of my depth in terms of collectability,  value and so on or whether to go ahead and purchase any advice or opinions welcome 

1842 first portrait MS62 

For @LawrenceChard yes I have checked Google, auctions, my book, sorry for the spelling lol 🤣

Edited August 1, 2022 by Leonmarsh

[Norskgeld]

@LawrenceChard

[Norskgeld]

I think Andreas would approve. ☺️

[Leonmarsh]

Seen they have been rising this one is alot more than a grand though !!

[LawrenceChard]

24 minutes ago, Norskgeld said:

@LawrenceChard

He's a great guy...

IMO...

But then I may be just a teeny weeny bit biased!

 

[shawy2510]

Nice coin, probably worth around £1200-1350 in my opinion, how much are they asking for it.

[Leonmarsh]

What's your thoughts on the coin @LawrenceChard

Thanks @shawy2510 it's up at 1550

[dicker]

Hi Leon,

My best guess is that a dealer would chalk this up at around £1.3k to £1.6k  - depending on eye appeal.  

Private sale - I think you should aim for £850-950 if you want it for a collection rather than to sell on.

Don’t know where you are buying from but I suspect the vendor had it graded and hoped it would do a little better than MS62. For my money people spend far too much time looking at grades and not the coins themselves.

Best

Dicker

 

[Norskgeld]

16 minutes ago, LawrenceChard said:

He's a great guy...

IMO...

But then I may be just a teeny weeny bit biased!

 

You tart!! 😁

[LawrenceChard]

1 hour ago, Leonmarsh said:

Hi all 

Been looking at this coin for months and a little out of my depth in terms of collectability,  value and so on or whether to go ahead and purchase any advice or opinions welcome 

1842 first portrait MS62 

For @LawrenceChard yes I have checked Google, auctions, my book, sorry for the spelling lol 🤣

 

1 hour ago, Norskgeld said:

@LawrenceChard

 

34 minutes ago, shawy2510 said:

Nice coin, probably worth around £1200-1350 in my opinion, how much are they asking for it.

 

23 minutes ago, dicker said:

Hi Leon,

My best guess is that a dealer would chalk this up at around £1.3k to £1.6k  - depending on eye appeal.  

Private sale - I think you should aim for £850-950 if you want it for a collection rather than to sell on.

Don’t know where you are buying from but I suspect the vendor had it graded and hoped it would do a little better than MS62. For my money people spend far too much time looking at grades and not the coins themselves.

Best

Dicker

 

It looks like a nice coin, just like this one on ebay:

https://www.ebay.co.uk/itm/115480519370?hash=item1ae32ce2ca:g:p84AAOSwxkxiPZul

😎

[LawrenceChard]

59 minutes ago, Norskgeld said:

I think Andreas would approve. ☺️

I prefer this graph / chart:

😎

[Leonmarsh]

6 minutes ago, LawrenceChard said:

 

 

 

It looks like a nice coin, just like this one on ebay:

https://www.ebay.co.uk/itm/115480519370?hash=item1ae32ce2ca:g:p84AAOSwxkxiPZul

😎

Thanks for the expert insight Lawrence as always your pearls of wisdom are much appreciated 

[Happypanda88]

5 hours ago, LawrenceChard said:

It looks like a nice coin, just like this one on ebay:

https://www.ebay.co.uk/itm/115480519370?hash=item1ae32ce2ca:g:p84AAOSwxkxiPZul

😎

 

Free postage !  🤩🤩🤩

[flyingveepixie]

D'you think the one on ebay is a fake @LawrenceChard?   I can't tell the two apart..🤔

[daca]

The coin sold in march for 1050  GBP at auction https://www.numisbids.com/n.php?p=lot&sid=5507&lot=67

500 profit in a few months all take any day

[Leonmarsh]

19 minutes ago, daca said:

The coin sold in march for 1050  GBP at auction https://www.numisbids.com/n.php?p=lot&sid=5507&lot=67

500 profit in a few months all take any day

Plus 20 per cent fees so he is into the coin for around 1250 which puts it bang on @shawy2510estimate 

Well found @daca cheers 

[jultorsk]

5 hours ago, daca said:

The coin sold in march for 1050  GBP at auction https://www.numisbids.com/n.php?p=lot&sid=5507&lot=67

500 profit in a few months all take any day

Well found that. 👍

Assuming VAT was paid on top of 20% BP => 1302 GBP 😊

Is it breaking even after feeBay costs & postage? 🤔

Edited August 2, 2022 by jultorsk

[Leonmarsh]

Ye I don't think the guy is overcharging as such 

Bearing in mind he needs to make a profit albeit a small one 

I suppose if it was here it would be without the bumming of auction fees and eBay fees 

Just a shame fine English nunismatic coins don't often come up on here often