Kingdom Of Saudi Arabia Gold Guinea X21 Price

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Author	Replies: 5 / Views: 1,085
chronos Pillar of the Community Lebanon 506 Posts	Posted 08/20/2019 4:49 pm Hello, I was searching for a coin on NGC price guide and I find it .Is the price on NGC correct ? "https://www.NGCcoin.com/price-guide...uid-1557383" Report this Post to the Staff

tdziemia Pillar of the Community United States 7956 Posts	Posted 08/20/2019 6:07 pm No it is not. It is too high by about 300% This coin has sold at UK auctions in 2019 for 200-260 GBP, and has sold in US auctions for $280-360. Edited by tdziemia 08/20/2019 6:09 pm Report this Post to the Staff
chronos Pillar of the Community Lebanon 506 Posts	Posted 08/21/2019 07:52 am thank you tdziemia ,I felt something was wrong Report this Post to the Staff
beem Pillar of the Community United States 574 Posts	Posted 08/21/2019 08:16 am With gold at 1500, the coin has about 353 USD worth of gold (.2355 AGW). Add about 25 bucks or so for retail value. Report this Post to the Staff
CanadaPennies19 Valued Member Canada 201 Posts	Posted 08/21/2019 09:33 am I've noticed alot of errors on NGCs price guide https://www.NGCcoin.com/price-guide...duid-1535724 Report this Post to the Staff
tdziemia Pillar of the Community United States 7956 Posts	Posted 08/21/2019 10:23 am Quote: With gold at 1500, the coin has about 353 USD worth of gold (.2355 AGW). In the timeframe of the auctions I mention, gold price was lower, about $1300, so bullion value was around $306. It is certain that some sellers in these auctions did not even recover the bullion value of these coins. (Buyers, on the other hand, paid slightly more than bullion value due to the auction fees). But yes, these coins sell around bullion value. Report this Post to the Staff
	Replies: 5 / Views: 1,085

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