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Lackdales gold pandas


Cornishfarmer

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2 hours ago, zeusss4 said:

I don't understand why people put gold coins in auction. The fees are so high usual bullion sovereigns regularly sell below spot price 

Buyers usually pay more for bullion gold than can be purchased elsewhere once you add buyers fees. Once sellers fees are factored in too, the seller gets a very poor deal. Numismatic coins are not so bad though.

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6 minutes ago, sovereignsteve said:

Buyers usually pay more for bullion gold than can be purchased elsewhere once you add buyers fees. Once sellers fees are factored in too, the seller gets a very poor deal. Numismatic coins are not so bad though.

My last auction I picked up 3 half sovereigns for £240 plus 24%

Full sovereigns go for £180 - £200

However they also charge the seller 24% commission so they are getting quite a bit less 

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