Commemorative coin confusion

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I've never posted before so hope I have chosen the right section of the eBay UK Community.

I have this coin to sell -

1981 HRH The Prince of Wales And Lady Diana Spencer Commemorative Coin.

I understand that there's a big difference in value depending on whether the coin is silver or copper-nickel and it seems the way to tell the difference is to measure the depth of the coin.

What has confused me and the reason for the post is that I don’t understand why there is such wild variation in the asking price for the silver coins from £10 to £10,000.

Hoping someone might have the knowledge to clarify. Thanks in advance.

pscrub02

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Posted 10 months ago·Last reply 10 months ago

8 comments

pscrub02

OP10 months ago

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Many thanks I will take a look.

john1297576

Mentor10 months ago

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As said, if appears sold for a high price can mean nothing.

Some buyers will buy at a daft price if only to teach seller a lesson. As seller probably has no idea what to do about non payers they can get away with it, or just use a different account each time to avoid unpaid strikes building up.

pscrub02

OP10 months ago

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I see, I hadn't understood this; bit naive I guess. Thank you

pscrub02

OP10 months ago

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Thanks,

I do always look at sold/completed prices but again, for this, they vary wildly.

Kind regards

jckl1957

·10 months ago

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Items still show as 'sold' even if the supposed buyer never pays.

if you want your coin to sell (and be paid for) list it for a reasonable amount that you are happy to accept.

If I want to buy a Brexit coin, I can pay up to £35, 000. Some at that price are listed with 87p delivery. I don't understand why sellers even exert themselves to create such ridiculous listings.

I have a bag of 20 Peace and Prosperity 50p coins, never opened. Do I believe my bag of coins is worth £700,000? Of course not. It's worth £10.