COIN NEWS FEBRUARY NOW ON SALE! COIN NEWS is the biggest-selling coin magazine in the UK and incorporates Banknote News. Read on for the many interesting features in the magazine this month!
may say, if the Mint, charging the prices they do, bring in new collectors only to have those collectors run a mile when they realise that the secondary market for such coins means they haven’t made the fortune they were hoping to and/or they realise they could have bought the coins cheaper elsewhere? A fair point, but ask yourself this firstly the Mint don’t promote coins specifically for investment, so why people automatically
assume they will increase in value is one of life’s mysteries; secondly the coins the Mint sell are all catalogued in price guides, both by us and others. Information on values is easily obtainable even via the Mint itself which sells our COIN YEARBOOK. If customers choose not to research the cost of their purchase before they buy, or if they choose to buy for investment and don’t actually check out whether this is feasible or not, isn’t that their choice? As I mentioned above, many of them do know the price of the coinsthey are buying but when necessary they are perhaps prepared to pay a little more for them in order to benefit from the service the Royal Mint provides. Sometimes the “value” of a product goes beyond what it is intrinsically worth.
