Commemorative coin confusion

[pscrub02]

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.

[tobiasd4 · Accepted solution]

Some sellers believe certain coins are worth more than they are. 

Do a search for similar items and check sold items, but still does not mean buyers paid.

[pscrub02]

Thanks,

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

Kind regards

[jckl1957]

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.

[john1297576]

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]

Thanks for your this, helpful, I see what you mean.

[pscrub02]

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

[tommystrezures]

A good price check website (ignore ebay) is try Numista. Easy way to price silver is on bullion. Currently I think at £34 (ish) an ounce

[pscrub02]

Many thanks I will take a look.