Proof Coins No COA or Box Query

Discussion in 'Gold Coins' started by hiho, Aug 16, 2011.

  1. hiho

    hiho Active Member Silver Stacker

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    Ok guys interested to know your thoughts on gold proof coins with no coa

    e.g.

    1996 1/4 oz Mouse/Rat Proof with Box COA would fetch "A"
    1996 1/4 oz Mouse/Rat Proof with box but without COA would fetch "A" -?%
    1996 1/4 oz Mouse/Rat Proof without box or COA would fetch "A" -?%

    tia
     
  2. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I find it very ironic that we are into precious metals to avoid the collapse of paper, yet some of those same people rely heavily on a piece of paper to tell them the precious metal is real?
     
  3. hiho

    hiho Active Member Silver Stacker

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    interesting synopsis RM, but whats your answer, zero value deviation?
     
  4. fishball

    fishball New Member Silver Stacker

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    With Box COA = Spot + 30%
    Without COA but Box = Spot + 25%
    Without Box or COA = Spot + 25%

    Just a guess... hahaha.
     
  5. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Sorry, totally didn't answer the question at all :lol:

    Personally I haven't bought anything with a COA/box. So I don't really have much swing, but I wouldn't be out looking for something with a COA/box anyway, I'd rather just get the bullion itself and no doubt I'd be able to get it cheaper because someone would be tacking on an extra bit for the COA/box.

    I done some numbers though, and up to 5% seems to be 'normal' from sales I have seen go through here.
     
  6. hiho

    hiho Active Member Silver Stacker

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    fish if you can get any series 1 lunars coins at <=30% premium go for it :) IMO of course
     
  7. fishball

    fishball New Member Silver Stacker

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    Wait not spot.

    I meant Bullion value + %.
     
  8. RhythmDoctor

    RhythmDoctor Active Member

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    You know I've been partial to those Discover Australia coins hiho - I will pay market value for them regardless of boxes or not, I do prefer to get COA's though, as I like to collect yearly typesets.

    The boxes are easy to get hold of, for me, if I collect a series, I usually get on the blower to Downies and see if they've any display cases. Often I've found they stock Perth Mint cases which you can't get directly from the mint, which is pretty damn handy :D

    All depends on what you are buying them for, whether to collect a typeset or not. COA's or boxes technically mean bugger all really, but are nice pretty things to have with them.

    Personally speaking, I reckon fishys on the ball (pardon the pun) in saying a 5% variance in value based on no box or COA. ...
     
  9. SilverPhoenix

    SilverPhoenix New Member Silver Stacker

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  10. Elemental

    Elemental Active Member Silver Stacker

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    The thing about no COA on a Numis item is that without the COA you can't be sure of resale value. The proof versions of most coins (coloured lunars are the only exception I can think of) are obviously differnent (mirrored fields etc) so the person buying knows that it's a proof but if I was buying to fill out a proof set it would be COA or I would say bullion value plus a small percentage maybe 5-10%
     
  11. Photonaware

    Photonaware Active Member

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    Depends where you are selling.
    On fee-Bay it probably won't make much difference - timing and luck would be more of a variable rather than box and COA.
    Maybe 5% but if there is fever demand, offering the perfect specimen in all it's glory might tempt a noobie to part with a silly amount of fiat.
    Some people believe a proof in a capsule means it's never been touched - Ha !! I've spent many hours cleaning the fingerprints and soy sauce off proofs.
     
  12. stackeract

    stackeract New Member

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    Can someone please explain to me why these coloured 2010 tigers with box and COA sell for ridiculous prices when the exact same coin without box and COA can be purchased for the same price or less than the normal bullion version?

    Come one, why would anyone pay a few hundred dollars for a plastic box and a COA??? This is just insane.
    I could buy the one with box and the one without box and swap the coins. No one would ever be able to tell the difference because there is none.

    stackerACT.
     
  13. alor

    alor Well-Known Member Silver Stacker

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    if some one ask, do you have a receipt for that gold bullion coin you are selling,

    we can ask them back, do you bring the ATM receipt for your cash as well,
    just to be sure your fiat is not stolen property.

    :)

    the full-metal alchemist thing, forget about it.
     

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