How to value my coin cover collection.

posted on 30 September 2022 | posted in Knowledgebase


Value your own commemorative coin cover collection


To value a coin cover collection, is a subjective art that is developed through experience, market conditions and time. Similar to skills acquired by coin and antique dealers. However you too can gauge a value of your coin covers by looking at public auction sites and other retail marketing platforms. Here, by judging the sold prices you will have an idea of the market value. A simple way as a starting point is to look on Ebay and go through the sold listings, searching for your specific coin cover. You will find two types of listing and sold prices: a) Buy It Now listing price b) Auction listing price. The auction price is generally a good gauge.

Majority of retailers obtain there coin cover collections from public auctions. Here the auction houses charge a fee to the seller (you) which generally is around 15 - 20% of the final hammer price. They also levy a fee of 25 - 30% to the buyer (retailers or collectors) accounting for the Buyers Premium, VAT and any delivery charges. It is for this reason a retailer will want to offer the least for the covers to help him ensure lower fees and hence a better profit margin when purchasing from a public auction.

Below is an illustration to help you understand it visually for a specific 2009 Kew Gardens 50p coin cover. The example gives you a fair idea of fees and margins faced by both you as a seller and the buyer.
Coin Cover Valuation

We hope this has helped you and always welcome an opportunity to provide you an appraisal for your coin covers collection. We always ensure that it is a fair price based on market value and you will avoid paying fees to auctioneers should you decide to sell the coin covers directly to us, a key benefit to you. Additionally the process is simple and straight forward. Click here to see how to request a valuation.

You may wish to look at past reviews of customers who have done this with us. Their comments show the simplicity for lodging a valuation request, company reflection of people and quick settlement of funds.


Important: Please be advised that the above is a general illustration correct at the time of writing this article. It is an effort to give you and idea and does not constitute exact pricing as it does change through time.
 

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