Divmad

I don't know about the Canadian Mint, but I notice that the RM Crown Silver Proof Platinum issue was selling at £92.50 before it sold out. With a silver content of 28.28gms, that's about 5 times the intrinsic value of the coin. Some premium!

Makes me think that the 2015 Longest Serving Monarch Crown, currently treading around the £35 mark for the same mintage, isn't so bad a deal after all.

Yes, I know the figures. But are they accurate? Sales were in the millions in 1982 and before, and 250k+ from 2010.

OK, I've invested in a revised copy of The Gold Sovereign Series, by Michael Marsh.

I've studied the mintage numbers for QEII and the "normal" state mintages for the years 2001-2009 run between 60,292 (2009) and a low of 27,628 (2007). Then there are even smaller numbers minted in proof state.

Are these low numbers really accurate? Or are they somehow just the sales by RM in a fancy box with a COA, but in BU state, and more released in just a plastic flip case, like they are now? I say this, because for the 2016 issue, Marsh (Steve Hill now) states a total of just 1,750 in normal state, but adding..."+bullion issue".

Anyone know?

That's if the Third Reich hadn't

taken over with a puppet King in place.

Seems like the going rate on Flea Bay. How come? How can that be a good investment for anyone, this side of the Pond? What is a reasonable price to pay?

58 minutes ago, James32 said:

😳 Great spot.

At least there is a 50% chance the buyer gets the correct coin 🤣

Sold for £745

I bet they stink to High Heaven after a few minutes of use. What's wrong with good old cotton gloves?

Isn't this whole "Struck on the Day" thing a rather expensive exercise in milking coin collectors with another faddish item at exorbitant premiums? Reminds me of the craze for GB Commemorative FDCs, struck on the day, in the 1970s and 1980s. Where are these pieces of colourful paper now?

In my naive first purchases of Peace Dollars, back in 2008, I bought coins from the now defunct UK Grade Evaluation Company. Stupid me. I can see now that the high grades are fictitious, but the coins are still highly graded and attractive, imho. 

How best to sell them? Force open the case somehow, or sell them "as is" on here? 

2 hours ago, Centauri167 said:

I buy them at my LCS, not paying a piece but at weight price. I buy them when he has them available. The last weeks he has no 90% silver at all, the demand is high and nobody is selling it ... 

Maybe it's a question of more plentiful supply for Franc-based coinage in your neck of the woods. Over here in the UK they are still treated somewhat as an oddity.

20 minutes ago, Centauri167 said:

May I ask you how much premium you pay for the French coins ? I pay between 5 to 7,5% over spott price for them.

You've been brilliantly! My buys in the last year have varied between 12% and 20% premium over spot, including P&P. Over on E Bay buyers seem willing to pay nearly £30 regularly for the 50Fr coin, or about a 100% premium!!!!! I'd be interested to know where you source yours from. ATB.

On 12/12/2021 at 20:03, GoldDiggerDave said:

This what you are after?

 

Is that 2015 mintage number for "normal" sovereigns, of 10,000, anywhere near the mark? Incredibly low for a bullion grade issue.

22 hours ago, dicker said:

It’s an excellent book.  I thought it would be best in spreadsheet form, so I used two teams to translate the tables into a spreadsheet, then diffed them to find differences and now have a beautiful spreadsheet of all the Marsh tables.  
 

Way better in spreadsheet form for a quick lookup!

What do you mean, "then diffed them to find differences..."? Curious.

54 minutes ago, GoldDiggerDave said:

This what you are after?

 

Perfect. You're a star!

Now this is interesting. Look at the low "normal" aka bullion mintage figures for the years 2003, 2004, 2006, 2007 in particular. If these are accurate numbers, then surely these years will hold their own very well against the average in the future.

3 minutes ago, GoldDiggerDave said:

Yes the bullion sales are always like this. 

It's a real puzzle, and I wish someone could give a more precise sales number, through forensic digging.

I note that Numista have bullion mintage figures of 250,000 each for 2010 and 2011, yet only 2695 for 2013. Whilst I understand that the 2013 number is suspiciously low, where did they get the 250k numbers from? Is that what is a reasonable mintage figure going forwards every year? Just because they're bullion coins, like all the ones of the QE2 era by the way, doesn't mean RM won't know how many were minted or sold since 2005?

1 hour ago, GoldDiggerDave said:

https://www.royalmint.com/discover/uk-coins/mintage-figures/bullion-coins/

Always handy to check the RM sales figures.

But they stop at 2005.

Am I reading Numista correctly, when they state that the 2013 sovereign only had about 11,000 sold in total of bullion and proof versions combined? This must make that year the scarcest of the QE2 sovereigns. 11,000!!  And just a run of the mill 4th portrait design, too. Why isn't this one more expensive to buy and collect?

1 Sovereign - Elizabeth II (4th portrait) - United Kingdom – Numista

2 hours ago, MJCOIN said:

Unique design plus possibly the last one under the monarch.

Will the bullion version initially sell at a small premium to spot, like all other modern sovereign yearly issues?

When can I buy a bullion grade 2022 Sovereign from a dealer/RM?

Can anyone please shed any light on the initial premium mark ups available for the 1989 or 2005 gold sovereign issues, compared with bullion condition? I'm trying to figure out if a £700 price tag for the 2022 proof issue currently, is a good deal or to be expected. Seems quite steep to me, but then I usually try to buy bullion coins up to only 7% premiums.

So pre-1870 Victorian sovereigns in slabbed form, in particular, must be a real collector's item.

8 minutes ago, GoldStatue said:

WWI basically killed them off as a coin in circulation in the UK and then we left the gold standard in the 1930's, which decoupled the intrinsic gold value from the value of the pound.

I read somewhere that a lot of these older sovereigns in circulation were melted down and shipped as gold bullion to the USA in part settlement of war incurred debts. Was this for WW1 or WW2 or both? I wonder what % of Victorian sovereigns went that way?

7 hours ago, Tn21 said:

For Max future potential growth - buy as low as you can when it comes to bullion. 

As a matter of interest, when did gold sovereigns first become "bullion" coins?

12 minutes ago, LawrenceChard said:

I didn't realise Marks and Spencer had started selling coins! 😎

Our local M&S is on Victoria Road, so I should have suspected.

I was thinking M&S Victoria Sponge at first. Very nice.

3 minutes ago, Robda1986 said:

Aim for low premium pieces as the price of gold moves premiums seem to stick or look at sheild backed 

Hi Robda,

That's interesting. Shieldback because they were circulated in quite low numbers, typically 2m-4m each year? Or because of their position as the very first Victorian sovereign design? Or their relative scarcity now because of their age? Or a bit of all of the above.

ATB.