Jump to content
British Coin Forum - Predecimal.com

50 Years of RotographicCoinpublications.com A Rotographic Imprint. Price guide reference book publishers since 1959. Lots of books on coins, banknotes and medals. Please visit and like Coin Publications on Facebook for offers and updates.

Coin Publications on Facebook

   Rotographic    

The current range of books. Click the image above to see them on Amazon (printed and Kindle format). More info on coinpublications.com

predecimal.comPredecimal.com. One of the most popular websites on British pre-decimal coins, with hundreds of coins for sale, advice for beginners and interesting information.

mhcoins

New Baldwins fixed price list

Recommended Posts

Oh and Germamy won the World Cup :D

Why are you smiling? Scotland didn't even qualify ... as per usual. :D

Was there any point in England Qualifying? They were embarassing. I smiled due to my adopted country winning the tournament

Share this post


Link to post
Share on other sites

Oh and Germamy won the World Cup :D

Why are you smiling? Scotland didn't even qualify ... as per usual. :D

Was there any point in England Qualifying? They were embarassing. I smiled due to my adopted country winning the tournament

But we are used to it by now, it's the Brazilians that must be really hurting.

Share this post


Link to post
Share on other sites

While interest rates stay low, 'alternative investments' will remain attractive.

We may find that interest rates do not return to there previous highs. Before the 1970's the world enjoyed much lower interest rates. Of course rates will rise but the new normal could be the old normal.

The bubble may burst at the top end of the coin market but the centre may stay firm. Particularly if you buy the idea that more people are collecting than ever before.

Mark

Share this post


Link to post
Share on other sites

Oh and Germamy won the World Cup :D

Why are you smiling? Scotland didn't even qualify ... as per usual. :D

Was there any point in England Qualifying? They were embarassing. I smiled due to my adopted country winning the tournament

You live in Germamy now? When did you move? :P

Share this post


Link to post
Share on other sites

I, for one, do not believe the collector base is expanding; quite the opposite & we see even rarer dates in lesser condition to languish at mere fractions of their higher grade brethren of the same date and type. Also, am of the opinion that the so-called bottom dweller coins are staying just there, with the middle bits subsiding. High-enders either go higher and higher, or in a few cases appear to be languishing in comparison to their highs.

Share this post


Link to post
Share on other sites

I, for one, do not believe the collector base is expanding; quite the opposite & we see even rarer dates in lesser condition to languish at mere fractions of their higher grade brethren of the same date and type. Also, am of the opinion that the so-called bottom dweller coins are staying just there, with the middle bits subsiding. High-enders either go higher and higher, or in a few cases appear to be languishing in comparison to their highs.

I think ebay may have opened up the collectors market for a few years now but I think they peaked a while ago and are now on the slippery slope. Once you can no longer get a bargain interest will wane.

Share this post


Link to post
Share on other sites

The big difference between the market now and the market when I started collecting is that the internet has made it a worldwide one. Thus I can bid by email at London Coins (who are a bit behind the times) or online at Heritage or DNW. Most dealers have web sites and I can go online and view their coins. The advent of digital photography has allowed me to see what I am buying rather than taking the dealer's or auctioneer's word for it (other than the few cases where they invested in a photo). Location is much less of a barrier to the collector or investor than it once was. I cannot believe that this has not expanded the market and that it has not had some influence over price levels.

  • Like 1

Share this post


Link to post
Share on other sites

The big difference between the market now and the market when I started collecting is that the internet has made it a worldwide one. Thus I can bid by email at London Coins (who are a bit behind the times) or online at Heritage or DNW. Most dealers have web sites and I can go online and view their coins. The advent of digital photography has allowed me to see what I am buying rather than taking the dealer's or auctioneer's word for it (other than the few cases where they invested in a photo). Location is much less of a barrier to the collector or investor than it once was. I cannot believe that this has not expanded the market and that it has not had some influence over price levels.

I love DNW online auctions.

I log on when the lots I want to watch...consider....or generally interested in.

Share this post


Link to post
Share on other sites

I, for one, do not believe the collector base is expanding; quite the opposite & we see even rarer dates in lesser condition to languish at mere fractions of their higher grade brethren of the same date and type. Also, am of the opinion that the so-called bottom dweller coins are staying just there, with the middle bits subsiding. High-enders either go higher and higher, or in a few cases appear to be languishing in comparison to their highs.

I think ebay may have opened up the collectors market for a few years now but I think they peaked a while ago and are now on the slippery slope. Once you can no longer get a bargain interest will wane.

I concur with both posts. The interest in ebay listings is definitely on the wane. The wife had 4 sales and 89 unsolds go off at the weekend despite a broad mix of things starting at a quid, some higher and BINs, some also with best offer. The only best offer was a generous (not) offer of less than melt for a sovereign which was just plain stupid. Maybe 10-15% had watchers, but I'm sure that was only to monitor the item to see if it sells because most items get only one or two views irrespective of price.

It is and always has been difficult to wean people off ebay and get them to look at a dealer's list or site. For some reason a £5 washer from a dealer is deemed a rip-off whereas a £50 eBay washer isn't. There is very little crossover between the two populations considering the tools are identical to access both, which implies the ebay market is in serious decline.

At the fairs, the 50p/£1 bins do quite well, but that is a market which is unaffected by prices in general - people just want to feel like they have a bargain. For better quality, Gibbons have been the major buyer in the market for months now but the individual purchaser is quite elusive. The market has definitely moved away from rare varieties unless in top grade, though that is denomination dependent. This can't be down to a lack of liquidity as money isn't exactly restricted by government edict. Maybe people need to realign their perspective of what constitutes value for money? Anybody who has collected for a reasonable length of time is in danger of always relating to the good old days when everything was affordable, but I would surmise, failed to appraise whether this base cost was reasonable at the time.

  • Like 1

Share this post


Link to post
Share on other sites

I concur with both posts. The interest in ebay listings is definitely on the wane. The wife had 4 sales and 89 unsolds go off at the weekend despite a broad mix of things starting at a quid, some higher and BINs, some also with best offer. The only best offer was a generous (not) offer of less than melt for a sovereign which was just plain stupid. Maybe 10-15% had watchers, but I'm sure that was only to monitor the item to see if it sells because most items get only one or two views irrespective of price.

It is and always has been difficult to wean people off ebay and get them to look at a dealer's list or site. For some reason a £5 washer from a dealer is deemed a rip-off whereas a £50 eBay washer isn't. There is very little crossover between the two populations considering the tools are identical to access both, which implies the ebay market is in serious decline.

At the fairs, the 50p/£1 bins do quite well, but that is a market which is unaffected by prices in general - people just want to feel like they have a bargain. For better quality, Gibbons have been the major buyer in the market for months now but the individual purchaser is quite elusive. The market has definitely moved away from rare varieties unless in top grade, though that is denomination dependent. This can't be down to a lack of liquidity as money isn't exactly restricted by government edict. Maybe people need to realign their perspective of what constitutes value for money? Anybody who has collected for a reasonable length of time is in danger of always relating to the good old days when everything was affordable, but I would surmise, failed to appraise whether this base cost was reasonable at the time.

A very good point. For most of the 80s and 90s - when I bought most of my collection - Seaby/Spink would always say in their 'state of the market' introduction that in spite of a few gains the British coin market was undervalued, "as it has been for years". It had to correct itself at some point, though I feel that eBay has helped push that correction too far the other way. My hunch is that early milled is about right, but there is scope for reductions in modern coins.

Share this post


Link to post
Share on other sites

ebay was good at the beginning when even decent coins were allowed to find their own level (ie they tended to start everything @ 99p with no/low reserve - I remember frantically bidding on a 'Mills for Mudie' crown in EF which was going for about £62 with a few minutes to go but being outbid in the last seconds as it went beyond £600). Now everything's buy it now - usually no offers - & usually far too high. eg there's a 1707E crown in Fair (perhaps GFair if there is such a grade) which is on at £245. It isn't worth it. Start it at 99p and someone will bid it up to £130-£140. Or how about the Oxford Crown copy on at £700? - it's not difficult to pick these up for about £100 so why keep relisting it at that price - it'll never sell.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×