Valuing a coin?

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Mancave-man
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Valuing a coin?

Post by Mancave-man »

Hi, and apologies for asking but a friend of a friend who knows I am a detectorist (and assumes I must be in the know) has asked where is the best place to get a coin valuation. Does anyone know or like to make a recommendation for me to pass on please? :-/

Thanks in advance, M-m. ::g



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Re: Valuing a coin?

Post by Spearhead »

I would suggest looking at the Timeline auction archives, they show the prices that coins made on the day at auction which by definition is their value.

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Re: Valuing a coin?

Post by oldartefact »

It all depends on how old it is ...
here is a link to values for modern coins ..
ttps://www.allcoinvalues.com/united-kingdom/uk ... -1967.html
But if older I would suggest dropping a line to Peter Spencer at the Searcher...
Also when considering the value its worth noting that Retail value, and Auction values are two totally different beasts.
Can you give us some more info on the coin in question? and we'll be able to give you a more tailored answer.
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Re: Valuing a coin?

Post by Slapster »

E-Bay is your friend........
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Re: Valuing a coin?

Post by littleboot »

Ebay is one of those friends that borrows a tenner and never gives it back. :D
Valuations on there are to be used with caution because coin valuation, particularly in these days of Chinese knock-offs, is a good deal about provenance. Proving a coin is genuine, especially if its a gold coin, is the major issue. People are loath to take a risk. I was offered 120 pounds (scrap value) for a coin I know is worth over 1500. Needless to say I didn't take it. I know they would have done some checks on it, then made a huge profit at my expense. ;)
So a lot of the values on Ebay are low...some outrageously low IF they were the genuine article. It all depends who is selling them. Bonafide sellers and dealers use Ebay so check who is behind the sale.
The coin market is pretty much tucked up in much the same way as the banking and jewel trade. Often by the same people.
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Re: Valuing a coin?

Post by littlehove »

littleboot wrote:
Tue Jul 16, 2019 4:43 pm
Ebay is one of those friends that borrows a tenner and never gives it back. :D
Valuations on there are to be used with caution because coin valuation, particularly in these days of Chinese knock-offs, is a good deal about provenance. Proving a coin is genuine, especially if its a gold coin, is the major issue. People are loath to take a risk. I was offered 120 pounds (scrap value) for a coin I know is worth over 1500. Needless to say I didn't take it. I know they would have done some checks on it, then made a huge profit at my expense. ;)
So a lot of the values on Ebay are low...some outrageously low IF they were the genuine article. It all depends who is selling them. Bonafide sellers and dealers use Ebay so check who is behind the sale.
The coin market is pretty much tucked up in much the same way as the banking and jewel trade. Often by the same people.

Excellent advice littleboot.

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