With the British Pound down 35% against the US Dollar, are you loading up on British coins?

MrEureka · January 24, 2009 6:57AM

All of the sudden, British looks cheap to those of us using dollars. Are you taking advantage of the situation? I can't wait for my next trip to London!

theboz11 · January 24, 2009 6:59AM

I have picked up a number of medals , but they don't seem to be getting any cheaper IMHO.

coinkat · January 24, 2009 7:33AM

Agreed... terrific opportunity

JCMhouston · January 24, 2009 7:45AM

I've picked up a couple of pieces in the last month or so, and just did a deal with a UK delear, the pile should be here in a week or two. The new batch are all raw and nothing really rare, it includes a 1819 Shilling, 1887 1/2 p, 1903 penny, and a bunch of George V Farthings, all uncirculated supposedly. It's nice they are 30% cheaper just on the exchange rate, and some dealers want to move quantities.

Doogy · January 24, 2009 8:01AM

short answer, yes. I've purchased a dozen or so nicer British pieces in the past two months alone.

Doogy · January 24, 2009 9:02AM

here is a good example. I just bought this coin today, to go toward my George IV Farthing set. A few months ago, this coin was nearly $200 because of the exchange rate (100 British pounds). Now, it sits at $136, which is a just a hair higher than the Krause UNC price of $125.

click here

farthing · January 24, 2009 11:19AM

I has made it easier for me with Conder tokens also.

SaorAlba · January 25, 2009 5:51AM

I have been haunting the British dealers sites.

Stuart · January 25, 2009 5:53AM

Andy: Here is a new British Coin purchase that I made from the recent Heritage World Coin Auction held in NY. I have not yet received the coin, but am looking forward to examining it in person (Heritage has been very slow to ship it

).

1845 England (Victoria Young Head) Crown -- Heritage Jan 2009 Auction Photos

1845 England (Victoria Young Head) Crown -- Previous Heritage 2004 Auction Photos (for comparison)

7Jaguars · January 25, 2009 6:53AM

I note very few coins up for sale in the Vicky, Ed7, G5 and G6 series (bronze/copper and silver) that are higher grade.

Stuart, if we are not too crude, what did that crown go for?

Another thing is that I haven't really seen a downward deflection in prices of coins sold here & the really upmarket bits are still going for big money = like the Tokyo sale and the Gold Gothic, E8 sov, etc.

Stuart · January 25, 2009 7:47AM

<< Stuart, if we are not too crude, what did that crown go for? >>

7Jaguars: In reply to your above quoted question, here is the 1845 British Victoria (Young Head) Crown - Heritage Auction Link for your reference.

7Jaguars · January 25, 2009 8:46AM

Yes, very fair price. I still need to get a similar 1847 of the ordinary type. I think the prices of these in Unc. had gotten too high and time for adjustment.

Doogy · January 27, 2009 5:09AM

looks the like few days have seen the US dollar slipping against the pound again. hope that trend doesn't continue!

With the British Pound down 35% against the US Dollar, are you loading up on British coins?

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