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Diamond Jubilee Gold Coin Set

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Author Previous TopicReplies: 4 / Views: 1,821Next Topic  
Valued Member
karloning's Avatar
Australia
401 Posts
 Posted 11/13/2012  9:16 pm Show Profile   Bookmark this topic Add karloning to your friends list Get a Link to this Message Number of Subscribers
HI all. I am after advice. I bought the Diamond Jubilee three Gold coin set from the RAM for just over $10K. One coin minted by RAM, one from UK mint and one from Canada. There were only 350 minted for world distribution. I am wondering the best place to try to sell it. Any clues?
Valued Member
Australia
428 Posts
 Posted 11/14/2012  04:27 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply

try not to sell it just now , if you can hold off for a while you will get better price , just now with the way thing,s are money is very scarce and no body wants to spend up that big ,,.

,, kel ,,
Pillar of the Community
noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 11/14/2012  09:29 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Pillar of the Community
FNQ's Avatar
Australia
507 Posts
 Posted 11/14/2012  10:10 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply
I suspect wherever you intend to sell, you will book a substantial loss after commission in the current market. Priced substantially over bullion, and with debatable demand, I don't fancy your chances in the short term sorry.

Longer term, it would be questionable as a bullion investment due to the historically high prices for bullion in recent times, primarily due to concerns over the US and EU economies.
Valued Member
karloning's Avatar
Australia
401 Posts
 Posted 11/14/2012  8:31 pm  Show Profile   Bookmark this reply Add karloning to your friends list Get a Link to this Reply
Thanks all. I don't have to sell it and have very optimistic views on the gold price so will hang on.
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