NEW CONDITIONS AND OPPORTUNITIES FOR THE SALE OF CERTAIN GOLD COINS
We see an ever-increasing interest in gold coins. Simpler gold coins in terms of quality or occurrence, with limited collector’s value beyond the metal value itself, have usually not been profitable to sell at auction, due to the fees involved. To promote auction submissions with this type of material, we are now introducing a significant change in conditions on a trial basis, offering a competitive alternative in the market. With special online auctions, we will offer submitters completely free sales, i.e. 0% seller’s commission. In addition, for a commission of only 5%, we can offer a guarantee that an item’s hammer price is equal to the spot price of gold on the day of the auction. The buyer’s commission on these auctions is 10%.