Hi There, from Sunny South Africa

[Amouret Anderson]

Hello all! Hailing from South Africa. Gold and bullion trader by trade, numismatist learner. Excited to learn and share!

 

[Costa BLACK]

Hello all! Hailing from South Africa. Gold and bullion trader by trade, numismatist learner. Excited to learn and share!

What is the deal with SA Scoin Shop in the major malls in SA. How do you value those things? Good deal or not?

 

[Alan]

Hello all! Hailing from South Africa. Gold and bullion trader by trade, numismatist learner. Excited to learn and share!

Welcome! Can you share more about your trade, are you doing it using the market or as a broker or physically trading it?

 

[Amouret Anderson]

What is the deal with SA Scoin Shop in the major malls in SA. How do you value those things? Good deal or not?

I would say that any business is working on a commission percentage/profit margin. If they have something you desperately want, they obviously reserve the right to the price they charge. They use NGC and PCGS for grading, both prestigious grading councils, though they have sllightly different stringence in their methods/allowances. I would recommend them but you could find some great deals on ebay/bobshop/etc too. Private sellers of rare items also worth a look.

 

[Amouret Anderson]

Welcome! Can you share more about your trade, are you doing it using the market or as a broker or physically trading it?

Thank you for asking! I work for a company dealing in Krugers and some foreign bullion, as well as karatbars etc, but more so buying and selling of rare coins and valuable bullion. I am still only learning numismatics and while we rarely buy international coins (because of the diffuculty in finding a local buyer), there have been some exceptions. We work according to the daily market price. It has been a fun and fascinationg learning curve.