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Hatton Coins - Advice Welcome

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United Kingdom
1 Posts
 Posted 01/22/2023  5:16 pm Show Profile   Bookmark this topic Add ethansky to your friends list Get a Link to this Message Number of Subscribers
Hi All,

Disclaimer - I am not a coin collector in way at all and I am looking for opinion and / or advice

I have discovered that my father had been purchasing Hatton of London coins. A small amount of digging has led me to the conclusion that my dad has unfortunately overpaid for gold coins.

He has purchased the following:
- WW1 Gold Sov. Set - 40g / 22ct
- 2020 VE Day 75th Anniversary Gold Five Sovereign - 40g/ 22ct
- 2019 Apollo-11-50th-anniversary-gold-half-full-sovereigns 12g/ 22ct
- Heroes of utah beach 16g/ 22ct
- Heroes of omaha beach 40g/22ct
- 2019 queen vic 200th anniversary 7.34g/24ct
- 2020 EU departure coin 8g/22ct
- QE2 Gold Sov 8g / 22ct
- 2020 VE Day 75th Anniversary coin 14g/ 22ct
- Heroes of d day 75th anniversary 8g/ 22ct

- QE2 coronation 65th set 24g / 22ct
- Queen Vic 200th anniversary double 14.5g/24ct

Am I correct in thinking these coins do not maintain the investment value they claim?

Are these coins of interest to coin collectors on ebay etc.? There seems to be alot around

Are these coins only worth their weight in Gold?

My father has passed away and I have found these coins amongst his things and I am weighing up the options.

Any advice would be appreciated - Thanks for your time

IB

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John1's Avatar
United States
56855 Posts
 Posted 01/22/2023  5:55 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Members will be along soon to help you.
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CelticKnot's Avatar
United States
12813 Posts
 Posted 01/22/2023  8:56 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
to CCF, ethansky, and condolences for your loss. I hope going through your father's coins/collection is not a burden on you but rather an pleasant experience that gives you a glimpse into part of your father's life.

Basically the answers to all your questions are "yes" and it sounds like you've come to that conclusion for yourself anyway based on your phrasing, although I'm not sure they claim to be investment vehicles.

Generally speaking, modern precious metals coins/commemoratives purchased from any government or private mint are going to have a large premium over spot and can easily be found on the secondary market (e.g., ebay) for closer to spot within a couple of years. Certainly they of interest to certain collectors, but the market is limited. They are indeed worth their weight in gold, but you need to take into account the fineness.

If you don't want to bother much with it, the fastest way to offload is going to be to take it to a coin dealer, but that probably won't get you the most money in your pocket as they have to make money.

At the end of the day, many of us aren't concerned witih return on investment when it comes to coins / numismatics and don't even consider them an investment at all. We do it for the enjoyment of it with the understanding that rarely does one profit off of a hobby. Hopefully your father was doing it for the enjoyment of it all and wasn't duped into a get-rich-quick scheme.

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Dorado's Avatar
Canada
24885 Posts
 Posted 01/22/2023  9:01 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 01/22/2023  9:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Without knowing what he paid for these, it would be difficult to offer useful advice.



to the CCF!
Edited by Coinfrog
01/22/2023 9:08 pm
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kbbpll's Avatar
United States
4233 Posts
 Posted 01/22/2023  10:50 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
I'm sorry for your loss. I think of it this way - it doesn't matter what he paid for them. They're free to you. Whether he overpaid or not is irrelevant now. You have 232 grams of gold and maybe a small collector premium. If it were me I'd probably just hang onto them.
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zookeeperz's Avatar
United Kingdom
694 Posts
 Posted 01/23/2023  12:17 am  Show Profile   Bookmark this reply Add zookeeperz to your friends list Get a Link to this Reply
I'll give you some advice steer clear of any "So called Mint " suffix enterprises or any of the readers digest type even The Royal Mint itself. They are only interested in fleecing your wallet. or any of the slow burners buy now pay later enterprises Like Hatton of London. The way they advertise anyone would thing they are affiliated to The Royal Mint. NONE of them are. All cowboys . If you receive any advertising from them do not open it just rip it up and bin it. Although I am sure there are some decent dealers still around they have to earn an income so do not ever sell to them you'll get a pittance for your dads collection. Find a local well known auction Like St James I am sure they will realise their true worth in the fairest of selling arenas
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jbuck's Avatar
United States
187702 Posts
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dsking's Avatar
United States
2365 Posts
 Posted 01/23/2023  2:54 pm  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
Sorry for your loss and welcome to the CCF!

Personally, I would contact Hattons of London and see if they have a buy-back program: https://hattonsoflondon.com/frequen...d-questions/

Perhaps your Father just enjoyed his collection. We don't all look at coins as how much we can profit from them. In fact, most of us don't.

That said, if you have no interest, I would suggest selling them. I would check with a reputable local dealer as well.
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