Selling gold soverigns
Selling gold soverigns
Author
Discussion

RacingPete

Original Poster:

9,197 posts

233 months

Monday 25th October 2021
quotequote all
My wife and her sister have rediscovered their christening gold in an old safe while clearing their parents house and I have taken it on myself to sell them and distribute the funds between them - just trying to work out the best way to sell them.

The collection is 8 gold sovereigns dating from between 1895 to 1965, and a single 100 Corona Austrian gold coin from 1915 (I assume from reading up on them this makes it a reproduction rather from that date). All in they weigh 98 grams, so have some intrinsic value, but guess there is some added value by being coins.

Looking for some help on how to sell, based in Berkshire and go to London so any brokers around would be useful too. thumbup

caziques

2,842 posts

197 months

Tuesday 26th October 2021
quotequote all

I have dealt with Michael Gouby of Michael Coins based in Reading,

He's been in the coin dealing business for many years.

http://www.michael-coins.co.uk/index.htm

NickCQ

5,392 posts

125 months

Tuesday 26th October 2021
quotequote all
caziques said:
What a brilliant site biggrin

Burwood

18,718 posts

275 months

Tuesday 26th October 2021
quotequote all
NickCQ said:
caziques said:
What a brilliant site biggrin
I see what you mean biggrin

Burwood

18,718 posts

275 months

Tuesday 26th October 2021
quotequote all
RacingPete said:
My wife and her sister have rediscovered their christening gold in an old safe while clearing their parents house and I have taken it on myself to sell them and distribute the funds between them - just trying to work out the best way to sell them.

The collection is 8 gold sovereigns dating from between 1895 to 1965, and a single 100 Corona Austrian gold coin from 1915 (I assume from reading up on them this makes it a reproduction rather from that date). All in they weigh 98 grams, so have some intrinsic value, but guess there is some added value by being coins.

Looking for some help on how to sell, based in Berkshire and go to London so any brokers around would be useful too. thumbup
this may be of some help to gauge whether value is higher than intrinsic https://www.chards.co.uk/blog/sovereign-list-all-d...

eliot

11,995 posts

283 months

Tuesday 26th October 2021
quotequote all
Burwood said:
NickCQ said:
caziques said:
What a brilliant site biggrin
I see what you mean biggrin
Ling Cars side hustle.

caziques

2,842 posts

197 months

Tuesday 26th October 2021
quotequote all

I was at school in Nottingham in the sixties, the bus fare home was 4d. Some of the coins in circulation were over a hundred years old and extremely worn - I just got into the habit of saving them.

Also noting that silver coins pre 1947 were actually 50% silver. Pre 1920 it was 92.5% or sterling silver, this had disappeared by the sixties.

Some rare coins, that I may have used for my bus fare, will now cost you hundreds of pounds. Fascinating in a geeky way.

Throttle Body

453 posts

202 months

Tuesday 26th October 2021
quotequote all
Also try ATS Bullion.

hidetheelephants

35,759 posts

222 months

Wednesday 27th October 2021
quotequote all
eliot said:
Burwood said:
NickCQ said:
caziques said:
What a brilliant site biggrin
I see what you mean biggrin
Ling Cars side hustle.
Zoiks! eek 1998 has called, it wants its web template back.

oldaudi

1,618 posts

187 months

Wednesday 27th October 2021
quotequote all
I deal with Chards a lot. Recently had an offer of them buying Sovs back at spot price. I think they may be worth a call

RacingPete

Original Poster:

9,197 posts

233 months

Wednesday 27th October 2021
quotequote all
Thanks all for the help here - trying to work out spot value for each coin and then look at 96% of spot value as my ideal price point. Will give all the above a call though.

Ridealong

574 posts

99 months

Wednesday 27th October 2021
quotequote all
You can do selling by post nowadays, if don't want to travel into London.
A couple of years ago a work colleague of mine got a better deal in person (around an extra £20 iirc for his mums jewellery) than advertise online in Hatton Garden.

Pretty sure this was the place.
https://www.hattongardenmetals.com/

Fundoreen

4,180 posts

112 months

Wednesday 27th October 2021
quotequote all
hidetheelephants said:
eliot said:
Burwood said:
NickCQ said:
caziques said:
What a brilliant site biggrin
I see what you mean biggrin
Ling Cars side hustle.
Zoiks! eek 1998 has called, it wants its web template back.
I love websites like this. A no social media era. Just individual bizarre and nutty websites.
The www has really gone downhill since this glory era.


anonymous-user

83 months

Wednesday 27th October 2021
quotequote all
Fundoreen said:
I love websites like this. A no social media era. Just individual bizarre and nutty websites.
The www has really gone downhill since this glory era.
This reminded me of when I first started work in 1996 creating intranet pages for Shell. First of all I started with Word, converting to HTML and then later on using Frontpage and tidying up the HTML in notepad.

When I saw this site I had visions of him editing the page on an old Gateway 2000 Pentium II with Windows 95 and Frontpage. Checking the source it appears I might not be far off...

<meta name="GENERATOR" content="Microsoft FrontPage 6.0">

cloud9

Edited by anonymous-user on Wednesday 27th October 20:16

Mr Whippy

32,453 posts

270 months

Wednesday 27th October 2021
quotequote all
Fundoreen said:
hidetheelephants said:
eliot said:
Burwood said:
NickCQ said:
caziques said:
What a brilliant site biggrin
I see what you mean biggrin
Ling Cars side hustle.
Zoiks! eek 1998 has called, it wants its web template back.
I love websites like this. A no social media era. Just individual bizarre and nutty websites.
The www has really gone downhill since this glory era.
Exactly, it just works. Thus it's perfect for purpose.

Even on my small iPhone SE mk1, or my 4k 32" PC monitor and Firefox, the website is perfectly functional. Win!



As for gold, there are loads worth a look.

I'm pretty sure Hatton Garden Metals do decent prices on coins, and usually give a bit above spots for decent/certain sovs.