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New for 2013 £20 for £20 Silver Coin from the UK Royal Mint.
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<p>[QUOTE="eddyk, post: 1785020, member: 3712"]That does make a lot of sense.</p><p> </p><p>However, if you do try and purchase the coin from outside the UK, the total price comes up at £16.67. Which means there must be VAT of some sort being added to the coin to make up the £20 price.</p><p>My opinion is that they are probably going to sell these coins at a loss, but then end up with 100,000 people on the mailing list to send catalogues to every month.</p><p><br /></p><p> </p><p>As far as what the dealer said. I believe a coin is worth what a collector would pay for it, not a dealer.... whose goal is to get it for as little as possible.</p><p>I doubt many people will be daft enough to give away a coin with £20 face value for less than half that.</p><p> </p><p>As it is I have purchased 3 of these coins with the intention of selling 2 of them to pay for the first one.[/QUOTE]</p><p><br /></p>
[QUOTE="eddyk, post: 1785020, member: 3712"]That does make a lot of sense. However, if you do try and purchase the coin from outside the UK, the total price comes up at £16.67. Which means there must be VAT of some sort being added to the coin to make up the £20 price. My opinion is that they are probably going to sell these coins at a loss, but then end up with 100,000 people on the mailing list to send catalogues to every month. As far as what the dealer said. I believe a coin is worth what a collector would pay for it, not a dealer.... whose goal is to get it for as little as possible. I doubt many people will be daft enough to give away a coin with £20 face value for less than half that. As it is I have purchased 3 of these coins with the intention of selling 2 of them to pay for the first one.[/QUOTE]
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New for 2013 £20 for £20 Silver Coin from the UK Royal Mint.
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