I Tried to Sell a GOLD SOVEREIGN to Coin Shops.... Suprising Results!!!
#gold #phonecalls #bullion
Are you ready for a wild ride? Join us on this thrilling journey as we explore what happened when we tried to a gold sovereign to coin shops! Unsurprisingly, the responses were shocking, with some refusing outright and others demanding we sell at a rock-bottom price. With so much to explore, you won't want to miss this video. Find out what happened next and what caused these coin shops to act so strangely. Don't delay, watch now and see the shocking responses for yourself!
This video follows my journey to see what coin shops will give me for my Gold Sovereigns. You won't believe the shocking responses I get from the owners! I visit multiple coin shops and discuss their offers with them, and I even get the chance to haggle for a better deal.
Weighing up the pros and cons of each offer, I realize that getting the best deal for my coins may not always be the easy route. However, with a bit of research and patience, I eventually get the best possible return on my coins.
So if you're looking for a great way to sell off your Gold Britannias, then this video is a must-watch. Get ready to be shocked and amazed at the results of my coin shop experiment. Tune in and find out how much I got for £4,500 worth of Gold Britannias
Пікірлер: 51
A useful video as most people concentrate on acquisition rather than disposal. The video will hopefully prove people to consider disposal more.
That £225 would be retail for a half sovereign.
£225 🤣🤣🤣🤣 That is actually ludacris. About 60% of spot. I thought CC price was low at £340. Good advice from the guy saying take £390.
Interesting. As a coin collector it makes my ears bleed when I hear anybody say they're going to melt down a sovereign.
@thetruth9210
3 ай бұрын
melting coin legal tender illegal?
Sorry I don't agree with that last shop, as what they want is to get you in the shop and then make you an offer maybe low as most will take it because your there.. I would tell them that I have been calling and getting offers with no problems, so stay away from that shop!
should have called out that £225 offer & told her thats ridiculous
I'm surprised cash converters offered a close top offer.
Just go to a reputable bullion dealer. Any sovereign should be IRO £350 to £370.
A local Pawnbroker very near retirement who we ( my friend and I ) was candid about the prices.. “I buy 10% under spot; I sell 10% over spot”… So you may be put off by the “spread” but this is normal to an average retailer.. In the times of trouble ( inflation) The demand for Sovereigns and the like will be so much that the margin will shrink ( just like a stock) High volumes, low margins!. So take the 10% over on the chin- You will not regret it ever
It will change depending on the price. I know here in the U.S. generally if you go to a reputable place they will pay spot or above spot for things like an AGE.
Today i had a look around the Birmingham ones. They seem to be offering around £365. I paid £390 last year for my full 1860. They sell at reasonable prices too.
Lol, maybe she watches your channel 🤣
@thegoldstandard721
Жыл бұрын
Possible lol, I make sure to call different ones every time so I knew I had never called her before 😂
I have a question I don't like the new sovereigns they look like copper is gold wedding rings a better investment?
u know how much is half sovereign year 1913 as of today? mine is george V
Why want to weigh the soverign...I thought all soverigns were the same weight??
@bushcrafty7274
Жыл бұрын
Yep 😂 7.98g (7.32g pure gold) my 1860 still weighs 7.98g
@thetruth9210
3 ай бұрын
@@bushcrafty7274 not pure gold?
2%bellow spot thats what i find. Thats great if you bought them years ago.
I do have 1967 gold coin same as this… how to sell this ?
@thegoldstandard721
3 ай бұрын
Atkinsons online
Why are you playing Christmas music in a video published in the month of February?
@thegoldstandard721
Ай бұрын
Why are you asking?
@dfordiligence2398
Ай бұрын
@@thegoldstandard721 Why are you asking me why I'm asking?
@thegoldstandard721
Ай бұрын
Because it's my Channel. You're on my property.
@dfordiligence2398
Ай бұрын
@@thegoldstandard721 How is that a reason for asking me that question? It seems to have no connection to your question whatsoever. Why are you unwilling to explain why you are playing Christmas music in this video? If there is an obvious reason for the choice of music, I cannot see it.
@thegoldstandard721
Ай бұрын
I did it because I did it
they are going to melt them?! she is clueless
@harryzero1566
Жыл бұрын
When anyone starts talking about melt value I get my grips out ready to crush my piece of gold, looking at their reaction is priceless.
@StruanRobertson29
Жыл бұрын
@@harryzero1566 hello.....really really stupid question, but here it is. What are these ahops actually going to do with the gold if not melt it down?...is it just try and sell it second hand?
@harryzero1566
Жыл бұрын
@@StruanRobertson29mainly the gold that gets melted is the stuff they cannot sell as it is. I know that seems obvious, but that's my point, if you sell a proof or nice bullion coin at spot value to a retailer they will sell it according to its desirability. They tend not to even offer back some of the extra value that you paid for it. The satisfaction the seller might get, is when they walk away, leaving the retailer wistfully disappointed.
This video was painful to watch as you had no idea what you were doing and left the viewers with little useful information when you were finished
@thegoldstandard721
6 ай бұрын
I never have any idea of what I'm doing I'm just winging it. It's better to try and fail than never try at all, especially with youtube where you need no upfront investment to start a KZread channel, so risk is literally zero
What a waste of time this video is: the guy with the most awkward telephone manner in the uk calls bullion brokers and pawn brokers and get prices ranging from £225-£350….. how useful
@thegoldstandard721
Жыл бұрын
Well it is your choice whether you want to watch the video or not.... you don't have to watch it if you think it's a waste of time.
@CalCap
Жыл бұрын
@@thegoldstandard721yeah unfortunately I didn't find that out until I'd watched it.
@bunz637
7 ай бұрын
This is so horrible but so funny😭😭
@jessewhite2226
Ай бұрын
@@thegoldstandard721 I found it interesting seeing the the reality of dealing with various brokers. Also, I like your direct and honest style. No need to yap on. ask question, get answer, say thanks, say bye...
You never got,offerd 390