Gold sovereigns for sale on ebay

I would like to make a public service announcement. Right now it is possible to purchase gold below spot on eBay with very little effort. In my experience this is an almost unprecedented situation.

Advice about selling gold coins on eBay, including gold sovereigns, Krugerrands and other bullion and collectors coins. Expert Advice - As leading dealers in gold bullion and collectors coins for over 50 years, we believe we are quite well qualified to offer some advice about selling gold coins on eBay, especially as we also sell a small proportion of our stock through eBay. Compared with most conventional auctioneers, the selling costs on eBay are low, starting at 5. Hidden costs include listing fees, reserve fees, image fees, and extra charges for bold type gallery entry, coloured bands to make your auction stand out, featured listings of various kinds, PayPal charges. You have to pay the listing fee whether your item sells or not. EBay provide plenty of choices, which sound good, but most of them simply extra ways for eBay to make more money from you. The reserve fee must be one of the biggest "sucker traps" and money-spinners for eBay.

Gold sovereigns for sale on ebay

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Alternatives Once you have sold your item, you have to hope the winning bidder completes the transaction and pays you.

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Our best price for gold Sovereigns: our choice of date and design. The first gold Sovereigns were large hammered gold coins, issued by the Tudor kings in the sixteenth century. The prestigious name was revived centuries later for a new coin in the aftermath of the Napoleonic Wars. First issued in , the modern Sovereign was introduced as part of a major overhaul of British currency. Originally, these coins were in general circulation across the Empire, minted in England, as well as at branch mints in Australia, Canada, South Africa and India. During the First World War Sovereigns fell out of circulation in Britain though demand rose in subsequent decades, particularly in the Middle East. This eventually prompted the Royal Mint to start striking new Sovereigns in All genuine gold Sovereigns are composed of 7. This means that a 'full' Sovereign contains 7.

Gold sovereigns for sale on ebay

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Privacy Terms. I found it better to deal with a company that deals exclusively in gold. If you are just looking to add some physical gold to your portfolio, you would be much better off to buy American Gold Eagles or Canadian Maple Leafs from a reputable dealer. A Price Comparison. Should I Buy Silver or Gold? All rights reserved. Contents: Reserve Fees. Sure, you might occasionally find gold jewelry scrap sold below spot. This is because the gold content can be difficult to verify. All commentary on this site is an expression of opinion only and is in no way a recommendation to buy, sell or trade any stock, bond, commodity, collectible, antique, art work or any other financial instrument. We have made the assumption so far that, because it's an auction, you are going to get a fair and reasonable market price.

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The same would apply to a reserve price if we were stupid enough to use this expensive feature. For that reason alone i doubt that they would favor the buyer. No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation. Gold or Silver? EBay provide plenty of choices, which sound good, but most of them simply extra ways for eBay to make more money from you. As a regular seller, we comply with eBay's rule about this now we are aware of its existence. It's simply unheard of…until now at least. So the real question is why would anyone ever sell gold below spot? This is because the gold content can be difficult to verify. Protecting Your Gold Bullion Investment.