Ad for someone selling a gold sovreign for $800

[Pennysaved]

Someone had an ad online for a gold sovereign for $800 --- just one coin

I emailed him asking if he is willing to bring it more in line with spot and the prices of APMEX

This is the response I got:

1907 Gold Coin English Pre WWI British Empire Precious Rare Coins

Hello David

Gold will hit $2,500 an oz by November

I appreciate you looking

But , we're positive it'll bring $800 in time

Best of luck in what you're doing

Good Hunting


Guess he is doesn't mind sitting on it for a little while haha

[Cu Penny Hoarder]

Pure greed. It will be his downfall.

Why don't you simply buy a sovereign from APMEX?

[Pennysaved]

Or he is hoping for a sucker to come along haha

I don't usually buy from APMEX since we have great deals on here

Was just trying to negotiate an internet deal

[Cu Penny Hoarder]

Or he is hoping for a sucker to come along haha

I don't usually buy from APMEX since we have great deals on here

Was just trying to negotiate an internet deal

Got ya. I have negotiated great deals (mostly bulk silver coin purchases) with many Ebay members over the last 10 years... the worst they can do is say 'no'.

Speaking of APMEX, I remember buying a few 100 British Sovereigns from APMEX when they were below $200 per coin. I have some very nice ones from the early 1800's.