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 Replies: 13 / Views: 1,528 |
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New Member
United Kingdom
0 Posts |
I have inherited a set of gold coins. Please can anyone help with a valuation please    |
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New Member
 United Kingdom
0 Posts |
As far as we know they wee purchased as a set around 1997/98. The sticker say £2,500 but we don't know if that was the priced paid or a valuation. I cannot find much about the set so any help would be appreciated. Ideally we are after an insurance valuation.
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Pillar of the Community
Canada
1823 Posts |
Edited by yingyang
01/18/2015 09:40 am
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New Member
United Kingdom
0 Posts |
Thank you for the web link. I have found 2 of the 7 coins on that website suggesting that the coins are worth £750 each. Would the entire collection be worth more?
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Pillar of the Community
Canada
1823 Posts |
Edited by yingyang
01/18/2015 10:09 am
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New Member
United Kingdom
0 Posts |
Thanks but that webpage is not that helpful
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Valued Member
United States
330 Posts |
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Pillar of the Community
United States
4085 Posts |
I am not familiar with these particular coins, but there is in general no premium for a set when it comes to modern coins. The value of these coins will likely be the value of their gold content. If the content of two coins is L750, that is a pretty good guess as to the value of the others.
Edited by KenKat
01/18/2015 12:18 pm
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New Member
United Kingdom
0 Posts |
KenKat - As stated above the 2 of the 7 I did find were £750 each not for both. Since this is £350 above the value of the gold they obviously do have more intrinsic value other than just gold. I would never under any circumstance sell these if there were going to go in a melting pot.
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Pillar of the Community
United States
1476 Posts |
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Moderator
 United States
188560 Posts |
 to the Community! I moved your welcome post to the appropriate forum for the proper attention. As Jersey is not part of the United Kingdom, I moved it to the World forum. If more knowledgeable members disagree with the placement please let us know.  |
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CCF Master Historian of USA Commemoratives
United States
12277 Posts |
Nice set! Especially for those who enjoy collecting coins featuring sailing ship designs.
In the past, these coins had a market value of approximately 20% over their bullion content. Of course, some sold for more, some for less.
Each coin contains 0.5794 ounce of pure gold, so has a bullion (melt) value of $740 USD or about £490. Add 20% to these numbers and you get about $890 USD and £590.
I agree that they shuld not be sold for their melt value, but it might take some time to find the right buyer (collector) to get their true market value. A dealer will offer less in order to make their profit on resale.
Hope that helps - good luck!
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
01/19/2015 10:20 am
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Pillar of the Community
United Kingdom
2490 Posts |
I can't give you a good idea of price, but I can say that these coins do have a very strong following. 20% above spot is quite good for other bullion coins but I'm fairly sure that these will attract more.
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Pillar of the Community
United States
992 Posts |
Ships are much nicer than panda bears.
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Replies: 13 / Views: 1,528 |
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Posted 01/18/2015 09:26 am
