Quote:
Originally Posted by bobnot
(Post 4519552)
Yes they are selling for £40-50 on ebay but you can sell them back to the mint for £100. http://www.londonmintoffice.org/undated20p/
Someone i know has been buying these on ebay since this came about and currently owns over 200 of them. He took voluntary redundancy after working somewhere for 30 years and wanted to invest his payout.
The banks are in no fit state to be investing in and getting much of a return so as a coin collector anyway he started picking these up from ebay.
As it stands he could cash in now and more than double his investment or more sensibly just carry on accumulating them and see how the prices do.
One thing for sure is its a rock solid no risk investment.
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I had no idea how much they were selling on ebay for, but that's really great thinking and as you say, a no risk investment. Good luck to him, I hope his redundancy payout carries on growing.....you never know it could end up being something he looks back on as being a positive thing.......... |
