Secondhand resale

[craigy 362]

what are peoples feeling on the secondary resale of modern royal mint proofs, you can pick up silver £5 for around £15, i picked up the queens 60th proof piedfort for £35 quid on an aution website a few weeks back 

Edited July 18, 2017 by craigy

[Paulus 1,942]

The secondary market (eBay etc) is the way to go for most modern RM proof coins and sets (if you like that sort of thing!)

Very few fetch a premium on what the RM originally charged, most go for much less

[PWA 1967 1,841]

Perhaps wait untill the next LCA you can buy them by the box full.

[Peckris 579]

The average annual RM proof sets go for around half Spink value - or less - at auction.

[argentumandcoins 70]

Some of the more recent stuff is making stupid money IMHO.

The hype around the Kew 50p has sent the 2009 proof set prices through the roof (typically in excess of £200 in salerooms). The 2010 sets onwards are all fetching good money too. As a dealer I worry that the new collectors are focussed entirely on the tat that RM produce each year and real coin collectors are dropping off. Just my opinion based on observations.

[mick1271 159]

3 hours ago, argentumandcoins said:

Some of the more recent stuff is making stupid money IMHO.

The hype around the Kew 50p has sent the 2009 proof set prices through the roof (typically in excess of £200 in salerooms). The 2010 sets onwards are all fetching good money too. As a dealer I worry that the new collectors are focussed entirely on the tat that RM produce each year and real coin collectors are dropping off. Just my opinion based on observations.

at the turn of the year ,the 2009 sets were going for nearer the £300 mark .I sold mine a few weeks ago for £215 ,which was still a decent mark up from the £39.95 I paid RM for it .The prices are dropping slowly , but the demand still seems to be there .I agree that new collectors don't seem to be able to see past the modern shiny commemorative coins .I am admin on a coin group on FB ,and have had a few discussions with so called experts about the investment value and so called rarity of the decimal commemoratives .I cant possibly see how a kew gardens 50p ,of which all are still available and 99% are in high grade can maintain a £65-75 price .Especially when the 1992 EEC 50p with half the mintage and a large percentage  have been withdrawn from circulation are only selling for £55 .