celtic_coin
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Everything posted by celtic_coin
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Those days are difficult for collectors. For example, the briots sixty shilling ms61 is bought by wessex coins for around 10500 pounds(including buyer premium), but he lists that on his website for an unreasonable 18500 pounds. For some rare coins, you need to be "luxury" at some time, otherwise you are likely to find it far more expensive on a “dealer"’s website.
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What surprise me is it there are so many "collectors" who are bound to estimates. For example, a ms62 1887 two pounds sold for 1500 pounds without buyer premium, which is far more expensive than "far price", and it estimates: 1400 pounds to 1600 pounds. Those days, I only buy rare coins at spink auction, as buying normal coins at the spink can be too costly.
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I only bought one coin in the spink auction yesterday -- 1732 half guinea au55. The price is slightly beyond the "fair price", and I am quite lucky. Those kind of rare coins can easily be far more expensive than "fair price". An au58 1731 half guinea sold for 4800 pounds without buyer premium.
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Nowadays a lot of rich people buy rare british coins for hard assetment managment (because of ngc and pcgs, this trend has incerased signficantly).
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Spink tends to be another Heritage auction those days. It is quite common, if you look at the Vigo crown sold in the Erik Miller sale. It sold for 23000 GBP (without buyer premium) on March 26, 2019, while it is graded by ngc and sold in heritage for a massive 54000 dollar on Jan 13, 2020 (include buyer premium).
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That pattern halfpenny is purchased by a friend of mine. It is indeed an expensive one but collecting rare copper coins is a hobby of him.
