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These 190 comments are related to the topic:
BEWARE THE £100 SOLID SILVER BIG BEN COIN ! Read this !

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Replies: 190
By:
Outpost
When: 13 Feb 15 10:26
why would folk even try to spend these £100 coins.

they are obviously only for collectors and not going to be used as legal tender.

the 20p coins without a date are legal tender (worth 20p) but are being bought by collectors for more than face value.

in 5 or 10 years time when all these £100 coins have been bought off ebay by collectors and there are hardly any available to buy then they might be worth £500 or more each as other collectors try to get hold of them. 

collectors are only interested in the item and not the real value of the item.
By:
Breedingmad
When: 13 Feb 15 10:28
Not another Coin threadCry
By:
Money Tree cost me thousands!!
When: 13 Feb 15 12:07
Obviously a few of you have collections.
How do you store the valuable stuff? At the mo mine are in fire proof lock boxes but am thinking of a safe.
Any tops on a safe for the house and location?

I had a spell years back where if I had a crisp uncirculated bank note from a machine I would keep it.
So don't most but only had one £20 which I kept. Never looked into it much but on looking a year ago realise it had a really good serial
Number all with doubles like ee33 886633 so pleased with that.
Breeding this thread makes a change from Cheltenham none runner threads where some insiders have profited before its announced.
By:
Money Tree cost me thousands!!
When: 13 Feb 15 12:11
Outpost I think dik has a valid point here I'm not sure most collectors have these all ready.
I was tempted to buy the £80 silver first birthday coin for George as it was the same design as the old florins I have.
De cided against it now they were limited to only 7500 so pretty rare but the ones I've seen on ebay have not even sold for £80 so a loss inside two years.
By:
donny osmond
When: 13 Feb 15 12:31
i dont see it going as high as 500, but 120-130 medium term seems fine.
there are 50k coins today and until silver hits £50 an ounce there will
be 50k coins .

lots of the other coins sold by royal mint are very poor investments as they overcharge.

royal mint supply other vendors at a discount so that is the true value, and even then many will bomb.


you do need a safe, or better still storage via a bank away from your home.


your coin / banknote collection will be treated as one item for insurance so if
it gets cleaned out/destroyed you may find you get as little as 3k for the lot
unless you make prior provision with your insurer.

get them all photographed and keep photos in safe place..not with coins notes
By:
oneyallbeenwaiting4
When: 13 Feb 15 12:33
will you be buried with your coin collections as well? Laugh

material junk, clutter at best
By:
donny osmond
When: 13 Feb 15 13:03
coin collection will be sold to help fund retirement

cant take em with me, and aint leaving em to others to fund their retirements.
By:
Money Tree cost me thousands!!
When: 13 Feb 15 14:04
Hiw is a precious metal junk.
Paper money is more of a junk item.

Sentry do a fire and waterproof safe but most of my floor is timber so not sure where to secure it.
By:
Money Tree cost me thousands!!
When: 13 Feb 15 14:06
The first kilo silver bars I purchased cost a whopping £164 each.

If silver drops that low again them I'm going to put all savings into silver and gold.
By:
DIK DASTARDLY
When: 13 Feb 15 17:50
Donny Osmond
I really do feel sorry for you !
You are the sort that swears BLACK is WHITE -and actually believes it . !
Anyway good luck to you when you try and spend your £100 coins .
I think thats enough on this topic .
Its become boring -but thanks for all the replies -some of them very interesting and I have learnt a few things .
Now on to more serious matters !
FINDING WINNERS !
PLUS LAYS THAT GET BEATEN !
By:
donny osmond
When: 13 Feb 15 18:18
best of luck with that

if you have no luck, you can pretend, or make it up

hey ho
By:
DIK DASTARDLY
When: 16 Feb 15 09:14
Hate to bring this topic up again but at last some folk are seeing the light on the merits of this coin .
Prices for it on Ebay are dropping gradually and some are now  going for under £130
This means that with all the Ebay and Paypal charges involved the profits in selling them have virtually gone to nothing .
I hope I have enlightened one or two prospective buyers and possibly saved them some money in the short (and long term)!! ??
By:
donny osmond
When: 16 Feb 15 12:43
so the price is trending towards what was expected, a sale price of £130 ish

a small profit after costs for £100 coin, that is worth £30 to you...and you
think you have given good advice.


meanwhile the speculation bubble moves on to the £2 coin for 2015 with the ship on the back
and the 4th portrait of the queen on the front. 100 released into circulation, and on sale
off mint for £12. (£8 elsewhere) the ebay mugs paying up to £25 for them

coin will go into general circulation later this year with new 5th portrait of queen on front
and same ship on back

as mint have hyped this coin, the collectors will already have it...therefore the value
will be held by the other coins for this year with 4th portrait of queen which will only
be released until march of this year, all should be around and you can find them in your change

no need to ay over the odds
By:
donny osmond
When: 16 Feb 15 13:08
sorry it's £10 at royal mint not £12 as above
By:
donny osmond
When: 16 Feb 15 13:11
...


http://www.ebay.co.uk/itm/2015-2-BATTLE-OF-BRITAIN-RARE-ONLY-100-MINTED-AND-PUT-INTO-CIRCULATION-/400863165544?pt=LH_DefaultDomain_3&ha****m5d554e7c68


this is the coin you can buy for £10.... taken out of packet and hype does the rest
By:
donny osmond
When: 16 Feb 15 13:14
http://www.ebay.co.uk/itm/2015-2-BATTLE-OF-BRITAIN-RARE-ONLY-100-MINTED-AND-PUT-INTO-CIRCULATION-/400863165544?pt=LH_DefaultDomain_3&hash=ítem5d554e7c68




change the í in item to an i

censorship gone mad, ffs
By:
Money Tree cost me thousands!!
When: 16 Feb 15 23:06
You have to wonder about the people on ebay one if the £2 navy coins just sold for £60
By:
donny osmond
When: 16 Feb 15 23:48
one going for £150


http://www.ebay.co.uk/itm/MEGA-RARE-2015-2-COIN-TWO-POUND-HMS-BELFAST-1-OF-100-CIRCULATED-BY-ROYAL-MINT-/281600431035?pt=LH_DefaultDomain_3&ha****m4190b193bb



pop down get a receipt !
By:
donny osmond
When: 16 Feb 15 23:50
http://www.ebay.co.uk/itm/MEGA-RARE-2015-2-COIN-TWO-POUND-HMS-BELFAST-1-OF-100-CIRCULATED-BY-ROYAL-MINT-/281600431035?pt=LH_DefaultDomain_3&hash=îtem4190b193bb


change the î in item again, ffs betfair
By:
Breedingmad
When: 17 Feb 15 00:07
I bought a thousand of the fukers can't get rid of em for love of moneyCry
By:
DIK DASTARDLY
When: 17 Feb 15 13:13
Donny Osmond
Are you familiar with charges related to selling things on ebay ?
TOTAL  charges plus 5% PAYPAL deductions on ebay amount to quite a bit off the actual amount you receive .
In my own case I sold my ten £100 coins on ebay for exactly £160 each on BUY IT NOW . I also provided free Special Delivery postage for each coin ..
So the net result was this
Total sale amount for the ten coins £1600 to give a supposed profit of £600
However the Ebay selling charges and Paypal deductions came to £232
Plus 10 x £7 postage £70
SO THE NET RESULT WAS A PROFIT OF £298 !
So with the same selling conditions you can see that anyone selling their £100 coin on ebay and only receiving a £130 bid is hardly going to end up in a profitable situation
Just a thought .
By:
Money Tree cost me thousands!!
When: 17 Feb 15 13:19
Why are the £2 coins going so high when done are £15??
By:
donny osmond
When: 17 Feb 15 14:51
dik

you said 130 left a profit, thats far from your its only worth 30 quid

not sure you have read your posts nevermind anyone elses

there are other places to sell other than ebay by the way


moneytree

hype innit, buy for £10, remove from packet, tell people there are only 100 in circulation

bobs your uncle

some thick people around
By:
Money Tree cost me thousands!!
When: 17 Feb 15 23:50
There sure are feel sorry for them.
There's someone trying to sell an undated 20p for £1700. What makes people waste their own time when there is zero chance to sell it as
U can buy one for under £50.
By:
Breedingmad
When: 17 Feb 15 23:53
I can get 20p for 20p Excited
By:
Money Tree cost me thousands!!
When: 18 Feb 15 00:22
Not an undated on breeding.

This auction made me laughter. Item 191512327739
By:
Breedingmad
When: 18 Feb 15 00:26
My mate next door buys fivers for £100 ,no not for me buying moneyLaugh
By:
Money Tree cost me thousands!!
When: 18 Feb 15 09:55
Must be tough being in an asylum.
By:
Money Tree cost me thousands!!
When: 04 Mar 15 23:32
Seen a few up for £130 and not one bid. People caught on??
By:
Hammond
When: 05 May 15 10:57
You can take these into the bank no problem :)
By:
Money Tree cost me thousands!!
When: 05 May 15 11:37
What for to show them and take them home??
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