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In the royal mint auction lot, there is a 4 coin 1989 proof sovereign set, starting at Β£3500. Chards have one listed at 9 and a half grand, so thought maybe it would be worth posting


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Posted

I didn't even realise RM were running an auction currentlyΒ 

  • *WANTED*Β πŸ’°πŸ’ΈCurrently seekingΒ --> 1oz Gold (2023) King Charles III Coronation "Reverse ProofΒ " in NGC PF70
  • PM me with details/price if you have one

Β 

Posted
19 minutes ago, Solachesis said:

There's a lot of kak in there tbfΒ 

I'll have a neb tomorrow

rained off from work all day by the looks of it :(

  • *WANTED*Β πŸ’°πŸ’ΈCurrently seekingΒ --> 1oz Gold (2023) King Charles III Coronation "Reverse ProofΒ " in NGC PF70
  • PM me with details/price if you have one

Β 

Posted
1 hour ago, Solachesis said:

In the royal mint auction lot, there is a 4 coin 1989 proof sovereign set, starting at Β£3500. Chards have one listed at 9 and a half grand, so thought maybe it would be worth posting

https://auction.royalmint.com/lot-details/index/catalog/30/lot/1967?url=%2Fauctions%2Fcatalog%2Fid%2F30

Is this another filibuster Topic title attempt?

😎

chards.png

Posted (edited)
2 minutes ago, LawrenceChard said:

I think @HerefordBullyunΒ already maxed it out!

😎

Well I can see the Bullyun Bugle taking some serious action in the next release ;)

Edited by HerefordBullyun

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
Β 
If you are a new member and want to know why we stack PMs look at this linkΒ https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
Β 
Posted

Not sure what the point of this topic is!
I have seen 3 other dealers asking between Β£8950 and Β£9995.

The estimates seem artificially low to me, almost like an invitation to try and get one of the rarest Sovereign sets for a song! No chance of that. Double it up and then start from there perhaps! After all, what does the RM know about the value of anything rare or historical? Β Normally they are asking β€˜silly money’ for their buy-back stuff, so this is bit of a turn up…….


Β 

Posted
6 minutes ago, sovereignsteve said:

You have to start somewhere. Probably low so as to encourage interest. There is no risk for a lot such as this; it will go at the market price, no lower.

Agree, especially with internet nowadays, price wil go to the market price eventuality

37 minutes ago, apachebleu said:

Β Vat on the gold?

I think the VAT is on top of auctioneer premium only, but i didn't check n participate any RM auction before.

Posted
52 minutes ago, LawrenceChard said:

Do they also charge a seller's fee?

😎

This is completely unrelated, but I just saw the Chards YouTube channel new video, and I say good sir, you got me excited thinking you might have received one from the RM to show case. What I witnessed instead was a scandal I say!Β 

Posted

Most auction house have rather lowball estimates that don’t always reflect market value.

I see those estimates as a way to get people to put in a bid, increase the price, and then (usually) get caught up in a bidding war once they’re emotionally invested in a lot.

It’s just psychology. 😏

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