My Experience Buying First Gold Coin From Coin Cabinet Auction

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  • čas přidán 24. 09. 2023
  • Welcome to my channel.
    Look at my first gold coin from an online auction.
    This channel is dedicated to my stacking journey and the things I have learnt and experiences along the way.
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    #gold #goldcoin #preciousmetals #coincollecting #coin #stacking #sovereign

Komentáře • 16

  • @LegacyStacker
    @LegacyStacker Před 9 měsíci +1

    Hi The Island Stacker! Thanks for sharing your auction experience!😎I've subscribed to your channel!

  • @chrisoldfield8867
    @chrisoldfield8867 Před 9 měsíci +1

    Very informative as I have been wondering how the auction costs stacked up once everything taken into consideration
    Seems like a reasonable price for a quality coin for me
    Although I do tend to get wound up by paying postage
    Thanks for sharing

    • @the_islandstacker
      @the_islandstacker  Před 9 měsíci +2

      Thanks. Hopefully help if you decide to buy from an auction, but was a little shocked at the postage price. Think some of the auctions you just pay 18 percent premium and there are no other charges.

  • @chrisb.h4605
    @chrisb.h4605 Před 9 měsíci +1

    I think there's a possibility that you could do well ... but really ...to compare the Australian graded with auction purchase you'd have to get it graded ... it would be interesting to see how it comes out! that's if you don't mind waiting 4 to 5 months for NGC grading that is...!

    • @the_islandstacker
      @the_islandstacker  Před 9 měsíci +2

      I think it would be interesting to see how they stack up against each other. I might wait till I have a few coins to send off as you say the wait is crazy. I have 2 coins with them since June and not heard a thing yet 😕

    • @chrisb.h4605
      @chrisb.h4605 Před 9 měsíci +1

      @@the_islandstacker Same , 3 in May 3 in June.. I think going forward .. it may be better to wait until they've got through their backlog.. not sure what's going on...

    • @the_islandstacker
      @the_islandstacker  Před 9 měsíci +2

      @@chrisb.h4605 maybe it's people graded all these royal mint releases 😂

    • @chrisb.h4605
      @chrisb.h4605 Před 9 měsíci +1

      @@the_islandstacker Yes .. because they have minted a huge amount of tat recently.. 😂

    • @the_islandstacker
      @the_islandstacker  Před 9 měsíci +2

      @@chrisb.h4605 very much so, think they have released more coins in the last 12-18 months than the past 5 years 🤣

  • @davidporter9131
    @davidporter9131 Před 5 měsíci +1

    No it wasn't a good deal. The extra costs on top of the auction price were a total rip off. You could have got a better price from a bullion dealer.

    • @the_islandstacker
      @the_islandstacker  Před 5 měsíci

      If you can find them for cheaper than that then I'd buy them as well