British Coin Market

coinkat

Is the up trend finally over?

Any thoughts?

ajaan

Looking at Cooke's farthing sale, I say not.

wybrit

The CC farthing auction was a shocker. Many of the dates I was interested in traded for many times the most enthusiastic Spink prices. That is more the exception, though. Prices were fairly moderate in the recent Goldberg and Heritage auctions (except for most of the pieces I was bidding on).

I think demand for top notch material continues. If you're selling VF or aEF stuff, forget it, unless it's an ultrarare date.

7Jaguars

Well, I think it is quite healthy as I was at the last St. James auction and there was enthusiastic bidding on all of the better pieces. Quality has its day and prices are big for the coins in higher state of preservation. Although the Australian sovereigns are ony borderline British, the 1920-S just went for 582k Australian Dollars.

But to support the point of lesser preserved pieces, I recently purchase the 1847/6 groat with EF obv. and gVF reverse (as is often the case) for 125 pounds. This coin is scarce but did not receive much interest, and I got it as an upgrade. Pieces such as this have stagnated these last several years, but I would say there is NOT a sag in the market with respect to the better preserved and beautiful pieces.