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How to price proof Precious Metals to sell?


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Pardon me if this has already been discussed else where.

But what’s the best way of pricing up your metals to sell? I’m mainly asking from the point of view of proofs.

Obviously, they are prices less for imperfections and spotting. Is there rough a guide for discounting according to spotting surface area, toning, imperfections from minting/handling.

Thanks for any advice given.

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  • 4 weeks later...

Proof coins may or may not have a disconnect from spot price.  At one end, sometimes proof sovs and the like settle down to not much more than their bullion counterparts.  Sometimes they get into the rare coin space and go for silly high prices.

I think the best way with proof coins is to take a look at previous auction prices for that coin.  Chances are they will be worth getting graded, so you can search for sales of examples in various grades.  

The Sovereign is the quintessentially British coin.  It has a German queen on the front, an Italian waiter on the back, and half of them were made in Australia.

 

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  • 3 months later...
On 16/07/2023 at 12:18, Silverlocks said:

Proof coins may or may not have a disconnect from spot price.  At one end, sometimes proof sovs and the like settle down to not much more than their bullion counterparts.  Sometimes they get into the rare coin space and go for silly high prices.

I think the best way with proof coins is to take a look at previous auction prices for that coin.  Chances are they will be worth getting graded, so you can search for sales of examples in various grades.  

Only just seen your reply! 🤣


Thanks for the response, I have adopted this trick since posting but it good to hear at least one other is on the same wavelength 😁

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