Slabbed investment coins

[danieldorkins]

Looking for advice and opinions, when I started down the gold road last year and before I discovered the excellent TSF, I bought several slabbed coins from a dealer, the prices were probably not the best but having done so was not too concerned as the idea was to put 'em in a box and leave to my daughter who would then have a comparatively difficult problem of getting rid of them, having been on a large learning curve I now concentrate on gold that I can liquidate if necessary.

Times change and I am re thinking about the "collectors" slabbed coins, I have other assets that should be more than enough for my daughter! (don't get this wrong, she is not interested in getting the most out of any inheritance - bless her) but I am now thinking should I keep the slabs or cash them having had them for a relatively short period, about a year, maybe even losing on them and reinvest in gold bullion which could be used by all of us if necessary and would be far easier for my daughter to deal with (if there is any left by then!)

😕 😕

[Petra]

Only you know how much you paid for them. Probably more than you would have paid on here. Just have a look on here to see what similar are selling for. If you’re able to, it may pay just to keep hold.

[Clockpuncher]

Can you tell us what you bought?

[Seasider]

When you say slabbed I assume you mean the coins were graded by NGC PCGS or the like.  There is a whole section on here dedicated to selling such coins

United Kingdom (Graded only) - The Silver Forum

There are also auction houses which specialise in that sort of thing such as The Coin Cabinet, Coins of the Realm and the Coinery.

So they should not be that difficult to sell.

[danieldorkins]

14 hours ago, Petra said:

Only you know how much you paid for them. Probably more than you would have paid on here. Just have a look on here to see what similar are selling for. If you’re able to, it may pay just to keep hold.

 

12 hours ago, Clockpuncher said:

Can you tell us what you bought?

 

12 hours ago, Seasider said:

When you say slabbed I assume you mean the coins were graded by NGC PCGS or the like.  There is a whole section on here dedicated to selling such coins

United Kingdom (Graded only) - The Silver Forum

There are also auction houses which specialise in that sort of thing such as The Coin Cabinet, Coins of the Realm and the Coinery.

So they should not be that difficult to sell.

I have decided that there is no rush, the proportion of my stack these coins represent is fairly small and I can sit on them to see how they perform for a few years, I don't intend to add graded coins in the future but it will be interesting to compare their performance, I guess none of us know what is really the best to hold as the reasons for doing so are very varied.

[AppleZippoandMetronome]

2 hours ago, danieldorkins said:

I have decided that there is no rush, the proportion of my stack these coins represent is fairly small and I can sit on them to see how they perform for a few years, I don't intend to add graded coins in the future but it will be interesting to compare their performance, I guess none of us know what is really the best to hold as the reasons for doing so are very varied.

Sounds like you've made the right choice. If you don't need to sell them at (presumably) a loss now you might as well hold on to them and hope they increase in value over time.