What Should I Do - Coin Community Forum

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Author	Replies: 5 / Views: 2,370
stijn New Member Netherlands 3 Posts	Posted 03/27/2008 11:42 am Hello, I recently came across some gold sterling pounds and after a bit of asking around I still dont know what to do with them. Most people tell me to just sell them to a smelter, but it seems such a pity to sell these coins just to end up in the furnace. My goal is to get most out of it offcourse since these coins have been bought in the past as an investment. I can understand that these coins might be very common but I accualy dont have a clue... is there any extra value above goldprice in these coins for any reason? Should I melt them or try to find a collector for highest value thanks i got these coins Victoria 1 x 1897, 2 x 1901 Edward VII 1 x 1902, 1 x 1904, 3 x 1905, 2 x 1906, 3 x 1907 George V 2 x 1911, 1 x 1912, 3 x 1928, 4 x 1929, 2 x 1930, 1 x 1931, 1 x 1932 so a total of 27 coins thanks for having a look Image: goldcoins.jpg 63.03 KB Edited by stijn 03/27/2008 2:43 pm Report this Post to the Staff

NumisMattyUk Pillar of the Community United Kingdom 2217 Posts	Posted 03/27/2008 4:04 pm Never sell good quality coins to a smelter -what are they gonna do anyway? Pocket them or what? It doesn't make any sense - your coins are not bullion coins! They should therefore be worth more... sell them here or on ebay (set a reserve) or send them to an auction house... Report this Post to the Staff
Peter THOMAS Pillar of the Community Australia 2830 Posts	Posted 03/27/2008 8:14 pm G'day, if you sell them to a jeweller, you'll get the floor price, if that. If you want more than that, you're going to have to research your coins, so you know what you're selling, and what the market wants. My first question is: which coins have mintmarks, and if so, which mints ? These can have a very large impact on market value. Peter in Oz Report this Post to the Staff
stijn New Member Netherlands 3 Posts	Posted 03/28/2008 04:18 am OK thanks ill be trying to do some research, looks very interesting to get into. I will be posting what I found here and ask for your help thanks for the replies stijn Report this Post to the Staff
Snooba Pillar of the Community Australia 1360 Posts	Posted 03/28/2008 06:20 am Are you able to post more detailed photographs? That would help us to be able to grade them for you, and help us to determine the mint-marks and a rough estimate of value for them. Report this Post to the Staff
stijn New Member Netherlands 3 Posts	Posted 03/29/2008 07:24 am yes I will take some pictures of the coins and post them here Report this Post to the Staff
	Replies: 5 / Views: 2,370

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