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Where to sell gold coins

Any other investment discussions eg. peer to peer lending
hiriskpaul
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Where to sell gold coins

#710715

Postby hiriskpaul » February 9th, 2025, 12:28 pm

My sister in law has some gold sovereigns that she would like to sell. There is no numismatic value to the coins, just bullion. Can I have some recommendations? She lives in London, so can getto Hatton Garden, etc.

I have used ATS Bullion in the past. Their web site is quoting buy/sell prices of £540.19/£562.02. Are there any better dealers? She does not want to sell on ebay!

SalvorHardin
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Re: Where to sell gold coins

#710718

Postby SalvorHardin » February 9th, 2025, 12:43 pm

I have bought from Sharps Pixley. Their shop is at 54 St James Street, London (it's to the south of Piccadilly, a very nice area)

https://www.sharpspixley.com/

They were very efficient. I haven't sold through them (or anyone else)

Padders72
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Re: Where to sell gold coins

#710719

Postby Padders72 » February 9th, 2025, 12:45 pm

£540 is over 99% of spot. You wont do better than that so take it would be my advice.

scrumpyjack
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Re: Where to sell gold coins

#710729

Postby scrumpyjack » February 9th, 2025, 1:17 pm

You can sell them back to the Royal Mint at the spot bullion price
https://www.royalmint.com/faqs/bullion/ ... ign-worth/

hiriskpaul
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Re: Where to sell gold coins

#710732

Postby hiriskpaul » February 9th, 2025, 1:32 pm

scrumpyjack wrote:You can sell them back to the Royal Mint at the spot bullion price
https://www.royalmint.com/faqs/bullion/ ... ign-worth/

Interesting, but it says here they will pay 96% of the price.

https://www.royalmint.com/invest/sell-y ... us-metals/

staffordian
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Re: Where to sell gold coins

#710746

Postby staffordian » February 9th, 2025, 3:25 pm

I've used Hatton Gardens Metals to buy and sell bullion sovereigns by post before.

I found them very efficient and the price at the time was competitive.

Padders72
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Re: Where to sell gold coins

#710748

Postby Padders72 » February 9th, 2025, 3:55 pm

staffordian wrote:I've used Hatton Gardens Metals to buy and sell bullion sovereigns by post before.

I found them very efficient and the price at the time was competitive.


HGM are only at £530 buy price for a sov at present so a little back from ATS it seems.

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Re: Where to sell gold coins

#710754

Postby Imbiber » February 9th, 2025, 4:40 pm

I have always found Chards competitive and very efficient.

Lanark
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Re: Where to sell gold coins

#710942

Postby Lanark » February 10th, 2025, 6:59 pm

Bairdmint.com when I used them they were very close to spot price, though many alternative gold dealers along Hatton garden.
Their website can be a little flaky, but buying/selling in person is very professional and very secure.

Imbiber
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Re: Where to sell gold coins

#710945

Postby Imbiber » February 10th, 2025, 7:06 pm

Gold price up 3.2% this week

1nvest
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Re: Where to sell gold coins

#711120

Postby 1nvest » February 11th, 2025, 3:24 pm

Tavex or others in person via appointment. I generally look to spot +1.5% to buy (10 x 1 ounce Britannia's), spot -0.5% to sell back.

Averaged into over 20 years (working/saving), out over 20 years (retired/drawdown) and no tax, so less than 0.1%/year for self insured (stored) including costs/taxes.

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Re: Where to sell gold coins

#713345

Postby ClarkeP » February 21st, 2025, 8:42 pm

https://www.sovr.co.uk/

These guys on Maddox St (near Regent St) in London are efficient. Make an appointment and go and see them. They will wire the money while you are there if you do decide to deal with them.


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