1820 Geo Iii Proof Sovereign At Baldwins.

[MRD 6]

I was just having a look at some books on their site when i noticed the very nice but not £32.000 nice proof sov. How do they justify that 18 months or so ago you could have bought exact same coin for half the price at the Bentley sale, Was it a bargain at the Auction? or is it massively overpriced now. Certainly a massive margin.

Your thought please.

Cheers

[TomGoodheart 403]

Baldwins aren't cheap. But also they appear still (as used to be the case with all the major dealers AFAIK) happy to hold onto coins for years. The Brussels hoard was held for, what, a century before parts were put up for sale?

Eventually I guess the market will catch up with their prices. Possibly sooner than later, given that finer examples seem to be going for way over list, or even what might have been expected a year or two ago.

[jaggy 528]

I had a look at Baldwins fixed price list earlier today and thought that they were well over the top.