Although principally stamp dealers, we do also deal in coins, medals and banknotes. A variable general stock is held at our shop, and we are always interested in buying new stock. We do not specialise in any particular area, and many collectors (and dealers) look in on us regularly to see what is new.

BUYING

Scrap Gold; In years gone by we didn't deal in scrap gold and silver; we saw it as being too far removed from our main area of business. However, with increased precious metal prices coupled with the appearance of hard-advertising gold-buying companies, we realised we could probably get better prices for our customers while still making business for ourselves.
If you come in to us with scrap gold or silver which can be easily assessed (weight and purity) we should be able to quote a price there and then. If items need to be checked, we have trusted colleagues in the trade who can do this for us. We usually charge a percentage brokerage fee for doing this (see above).

All our transactions are legal, above board, and documented. If you are coming in with gold or silver for sale, please bring photographic official identification with you (passport or photographic driving licence). Buyers might also be asked to provide ID. If you want to do "a cash deal with no paperwork" then you need to go and see someone else !

Appointments are strongly advised. Please phone to fix a suitable time.

Sovereigns; A UK gold sovereign contains exactly 0.2354 of a troy ounce of gold. The charts below (which can be set to update automatically) show the current price for one troy ounce. If you were selling to or through us, you'd normally expect to get 94% of the nominal gold price (possibly higher on large deals). Half sovereigns have exactly half the weight of gold, gold two pounds double the weight, five pounds have five times the weight, etc. Many modern sets come with a card giving the specifications of the coins.

Fakes and Forgeries; We will check any gold coins coming in to us, and should we have any doubts as to whether a coin is genuine, we'll explain why we have any suspicion, and what can be done to check the coin.

SELLING
We usually have a range of gold coins available from stock, but please do not just turn up without getting in touch first. {A} there might not be stock available, {B} stock is often held off-site, and {C} it is normally Mr Murray who deals with any gold transactions, and you need to check that he is likely to be available when you come in. For most standard bullion coins (e.g. sovereigns, half sovereigns, many others of various countries) we charge just a 3% premium above the nominal gold price. If we have krugerands we charge just 2½% premium. Stock can vary from day to day, and prices are always calculated to be absolutely up-to-date.

Auctions in Edinburgh. We hold a stamp auction every few weeks (and this usually includes a non-philatelic section, often with banknotes, medals, or coins). About every third sale we have a Stamps and Collectables Auction which comprises all manner of things apart from stamps. From time to time we hold specific specialised auctions of banknotes or coins. Click here for more information about auctions. Some indication of buying prices for British coins here.

Charities; many charities collect quantities of coins (UK and Foreign, current and obsolete) which they then sell to us, and find that this can be a very lucrative source of funds. Some do this at the same time as collecting stamps and postcards.

Tel 0131 552 1220
Tel 0131 478 7021                      Send us  an email