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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. |
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Not another Coin thread
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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. |
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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. |
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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 |
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will you be buried with your coin collections as well?
![]() material junk, clutter at best |
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coin collection will be sold to help fund retirement
cant take em with me, and aint leaving em to others to fund their retirements. |
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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. |
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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. |
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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 ! |
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best of luck with that
if you have no luck, you can pretend, or make it up hey ho |
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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)!! ?? |
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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 |
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sorry it's £10 at royal mint not £12 as above
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...
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 |
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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 |
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You have to wonder about the people on ebay one if the £2 navy coins just sold for £60
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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 ! |
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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 |
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I bought a thousand of the fukers can't get rid of em for love of money
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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 . |
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Why are the £2 coins going so high when done are £15??
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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 |
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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. |
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I can get 20p for 20p
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Not an undated on breeding.
This auction made me laughter. Item 191512327739 |
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My mate next door buys fivers for £100 ,no not for me buying money
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Must be tough being in an asylum.
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Seen a few up for £130 and not one bid. People caught on??
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You can take these into the bank no problem :)
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What for to show them and take them home??
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