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Why Is My London Mint Coin Collection Only Worth A Tenth Of

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Pacificoin's Avatar
Canada
5395 Posts
 Posted 12/22/2014  2:42 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Indeed you reap what you sew. No sympathy from this side of the Pond. " Little education is dangerous, A Good education is an asset for life"
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paxbrit's Avatar
United States
992 Posts
 Posted 12/22/2014  8:53 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
If the original poster had simply gone into a local coin shop once a month to spend his 3,000 Pounds, he would have gotten a good deal of it back when he went to sell, and learned his lesson bit by bit, instead of all at once.

Best thing he can do is to sell the stuff for what he can get for it, today, and put the 300 Pounds towards a debt or down payment, something like that, and chalk it up to experience.

If I had a dollar for every dollar I've ever wasted, I'd be just about even by now...
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United States
589 Posts
 Posted 12/22/2014  9:25 pm  Show Profile   Bookmark this reply Add Groszy to your friends list Get a Link to this Reply

Quote:
Deleware Treaty Sacagawea dollar - Uncirculated - $2.95


That's actually not half bad...

But, people do need to do research before just buying. Everyone has internet anymore...it's a simple google search away.
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 12/22/2014  9:43 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
The "London Mint" is just like the "Franklin Mint" over here in the States. They sell overpriced crap and "collectables" which are worth a fraction of what their retail prices are (which are inflated to begin with to recoup advertising).

A large portion of their business model seems to be explicitly about exploiting people who don't know better.
Edited by SteveCaruso
12/22/2014 9:45 pm
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