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RE: Why British Sovereigns & Rare Coins are taking the world by Storm

in #rare7 years ago

3rd again. I have a lovely local jewellery shop that will sell me sovereign at spot. Unfortunately I am flat broke at the mo. But 4 weeks ago I did pick up 1 for £225.

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Nice. I'd be in there pretty fast to get some.

Unless I some how win the lottery(which I don't play), the chances of me picking any more up any time soon is slim to none.

just keep doing that, and send to numb for grading

Numb? I've heard of ngc & pcgs but not them. I have 1 full and 1 half sovereign are they worth grading? How much is it? The sovereign is rather scratched but the 1/2 is in good nick

Probably means send to Numistacker. He does a cheaper group grading thing.

Now him I have heard of and follow on YT. Any idea on the cost of grading and what "score" actually adds value? Is a 60 going to make the value of the coin more than the actual cost of grading it. If you know what I mean.

Good questions to ask Numistacker or regal. I've never graded.

@welshstacker Is that just a normal jewellery shop or do they double up as a gold buyer? Do you think I have a chance of getting sovs in some of my own local jeweller's?

They do buy gold for cash. I actually went in to ask if they had any silver coins but they said no one has ever come in to try and sell any. Your best bet is to go in and ask. No jewellery shop will ever turn down the opportunity of a sale. My jewellery shop was upfront and honest, he said they sell on all gold at below spot to be remelted. So when I said I'd pay them full spot he was very happy. It's a win win situation. He sells at full spot and I don't pay more than spot. As a jewellery shop they have no numismatic interest it's all about turnover and profit, so I could pick the better sovereign for the same price. I'm flat broke at the moment so haven't been back for 5 weeks now.