1949threepence Posted December 20, 2020 Posted December 20, 2020 Click here Price on application, apparently. I haven't asked. Any thoughts on what the price might be? 1 Quote
copper123 Posted December 20, 2020 Posted December 20, 2020 16 minutes ago, 1949threepence said: Click here Price on application, apparently. I haven't asked. Any thoughts on what the price might be? I will just slobber over it , too much for me ....... 1 Quote
1949threepence Posted December 20, 2020 Author Posted December 20, 2020 (edited) 1 hour ago, copper123 said: I will just slobber over it , too much for me ....... Me too. It's the same coin which sold at the Spink Waterbird collection in September 2019 for £111k. Also, I think the seller may be @The Coinery (Guy) who used to post here. If it is, he sold me a very nice GEF with lustre F79 for £250 in 2017. Not to be confused with "Coinery" (Stuart) Edited December 20, 2020 by 1949threepence Quote
VickySilver Posted December 20, 2020 Posted December 20, 2020 I don't think a lot of spares out there! 1 Quote
Sword Posted December 20, 2020 Posted December 20, 2020 https://www.antiquestradegazette.com/news/2019/rare-king-edward-viii-s-abdication-coin-makes-uk-auction-record/ An article regarding the penny after the Spinks auction. 1 Quote
Matteo95 Posted December 20, 2020 Posted December 20, 2020 I guess that after the sovereign sold by the RM to a private collector for the "modest sum" of 1 million, the price of this penny could rise subsequently. Quote
1949threepence Posted December 20, 2020 Author Posted December 20, 2020 1 hour ago, Sword said: https://www.antiquestradegazette.com/news/2019/rare-king-edward-viii-s-abdication-coin-makes-uk-auction-record/ An article regarding the penny after the Spinks auction. Thanks, very interesting. Quote
Sword Posted December 21, 2020 Posted December 21, 2020 14 hours ago, Matteo95 said: I guess that after the sovereign sold by the RM to a private collector for the "modest sum" of 1 million, the price of this penny could rise subsequently. I would imagine that the famous 1933 penny is always going to be more desirable than an Edward VIII. The last one was sold in 2016 for £151k by Heritage. It wouldn't be at all surprising if the 1933 would auction for more today (particularly due to the weakness of pound sterling). Quote
secret santa Posted December 21, 2020 Posted December 21, 2020 The customer base for these sorts of coins must be incredibly small ??? Quote
Rob Posted December 21, 2020 Posted December 21, 2020 (edited) 20 minutes ago, secret santa said: The customer base for these sorts of coins must be incredibly small ??? There's more than one collector with adequate funds to throw at the hobby, and there's fewer coins than sufficiently liquid collectors to fill the demand. Even half a dozen potential collectors in total would send the price sky high, and I'm sure there's more than that. Edited December 21, 2020 by Rob 1 Quote
1949threepence Posted December 21, 2020 Author Posted December 21, 2020 38 minutes ago, secret santa said: The customer base for these sorts of coins must be incredibly small ??? Most of us would have to re-mortgage our houses to raise the kind of cash needed. I wonder if it originally went to a foreign buyer, and whether it will again. Same with the 1933 penny sold by Heritage in 2016. Quote
Sword Posted December 21, 2020 Posted December 21, 2020 Presumably it could be of interest to investors too. The Edward VIII went to "a British collector in the room at The Waterbird Collection" in 2019 1 Quote
secret santa Posted December 21, 2020 Posted December 21, 2020 4 hours ago, 1949threepence said: Same with the 1933 penny sold by Heritage in 2016. And this one went to Wales. Quote
1949threepence Posted December 21, 2020 Author Posted December 21, 2020 3 hours ago, Sword said: Presumably it could be of interest to investors too. The Edward VIII went to "a British collector in the room at The Waterbird Collection" in 2019 50 minutes ago, secret santa said: And this one went to Wales. Reassuring that the coins remained in UK hands. Quote
RLC35 Posted December 21, 2020 Posted December 21, 2020 8 minutes ago, 1949threepence said: Reassuring that the coins remained in UK hands. There is a advanced collector in Cardiff, who is always in the bidding for very rare British coins. He is the one who bought my 1877 narrow date Penny! Quote
Matteo95 Posted December 21, 2020 Posted December 21, 2020 9 hours ago, Sword said: I would imagine that the famous 1933 penny is always going to be more desirable than an Edward VIII. The last one was sold in 2016 for £151k by Heritage. It wouldn't be at all surprising if the 1933 would auction for more today (particularly due to the weakness of pound sterling). You know their market better than me so I guess you're right ... I think that probably today both coins could be sold to a higher amount due to the fact that the numismatic market has grown a lot during last years and even months. Quote
1949threepence Posted December 21, 2020 Author Posted December 21, 2020 11 minutes ago, RLC35 said: There is a advanced collector in Cardiff, who is always in the bidding for very rare British coins. He is the one who bought my 1877 narrow date Penny! He's got several of that type hasn't he Bob? On another note, I understand that offers in the region of £160k are being looked for as far as the Edward VIII is concerned. 1 Quote
RLC35 Posted December 22, 2020 Posted December 22, 2020 5 hours ago, 1949threepence said: He's got several of that type hasn't he Bob? On another note, I understand that offers in the region of £160k are being looked for as far as the Edward VIII is concerned. Mike, I don't think I will be bidding on the Edward VIII Penny...I would have to mortgage my house to participate! LOL... 1 Quote
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