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New Poppy Coin Advice

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Author Previous TopicReplies: 11 / Views: 1,697Next Topic  
New Member

United Kingdom
3 Posts
 Posted 12/01/2017  2:37 pm Show Profile   Bookmark this topic Add Michaelb43488 to your friends list Get a Link to this Message Number of Subscribers
Hello all, totally newbie here to coins, I came across this coin and hit a button and purchased it, now I have no idea what to do, keep it and sit on it, keep it and sell once sold out , or send it back.

Not sure it will be worth more with being a 250 run.

Any input would be grateful and link below.

http://www.westminstercollection.co...py-Coin.aspx

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moxking's Avatar
United States
17900 Posts
 Posted 12/01/2017  4:44 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Ugh. That's a tough one to ask about. Did you pay 500 pounds for that? I doubt there are 250 Jersey collectors that would pay that, but I might be wrong.

Bottom line is, if it were me, I'd bite the bullet and try to love it.

Maybe you are young enough to break even some day.
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basebal21's Avatar
13014 Posts
 Posted 12/01/2017  4:57 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Did you get it because you like it or with the intention of hoping to sell it for more?
New Member
United Kingdom
3 Posts
 Posted 12/01/2017  5:24 pm  Show Profile   Bookmark this reply Add Michaelb43488 to your friends list Get a Link to this Reply
The last lot sold out and that was a 500 run, I thought it may increase in value, what is a jersey collector?

I may be able to return the item.
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jbuck's Avatar
United States
188213 Posts
Pillar of the Community
United Kingdom
1351 Posts
 Posted 12/01/2017  6:42 pm  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
Umm....I wouldn't go near the co. you bought it from.Investment?...I don't think so.
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moxking's Avatar
United States
17900 Posts
 Posted 12/01/2017  8:00 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
It's struck for the Baliwick of Jersey.
New Member
United Kingdom
3 Posts
 Posted 12/02/2017  11:01 am  Show Profile   Bookmark this reply Add Michaelb43488 to your friends list Get a Link to this Reply
Ok, not sure what it means when you say struck formthe balwick of jersey, the previous coin is not available anymore but to sell on I would have no idea where to start, so the coin is not worth the money they sell for ? And resale would be difficult ?
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kena's Avatar
United Kingdom
1682 Posts
 Posted 12/02/2017  1:40 pm  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
First of all, welcome aboard.

Jersey officially the Bailiwick of Jersey is a Crown dependency located near the coast of Normandy, France. Each year, the The Westminster Collection offers several different Poppy coins on their web site. Most folks that I know only purchase the £5 for £5 offering that they do for a short time window each year for the Poppy coins which they put a household limit of three on.

Until this year, I only purchased one until this year where a collector in Australia asked one of the £5 for £5 was.

So I suspect that it would take quite a bit of work to sell that coin in the future. If you like the coin keep it, if not return it.

The Royal Mint did their first UK £5 Poppy coin this year and the clad version is being sold for £17. I would not bother with the more expensive versions of these coins as well.

Please bear in mind, that I buy coins that I like without an investment view or to flip.

I hope you stick around. Feel free to ask questions at any time.
Valued Member
United Kingdom
190 Posts
 Posted 12/02/2017  4:57 pm  Show Profile   Bookmark this reply Add pwa 1967 to your friends list Get a Link to this Reply
Michael SEND IT BACK AS SOON AS POSSIBLE your not going to get your money back at anytime in the future IMO.
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alganbagerap's Avatar
United Kingdom
2490 Posts
 Posted 12/02/2017  7:40 pm  Show Profile   Bookmark this reply Add alganbagerap to your friends list Get a Link to this Reply
What you will get however is a whole raft of invitations to buy "RARE & VALUABLE COLLECTOR'S COINS" until you change your address.
New Member
United Kingdom
3 Posts
 Posted 12/04/2017  05:19 am  Show Profile   Bookmark this reply Add Michaelb43488 to your friends list Get a Link to this Reply
Thanks for the advice guys, it's a lovely coin I must admit,'but seems the cost of the coin is not, I will get this packaged up and returned, it's not £500 nice, even more so if the value will not increase by much.
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