ExpatBrian

11 minutes ago, LawrenceChard said:

Graceless?

For anyone annoyed or disappointed at failing to be able to buy a "Three Graces" coin, and who is therefore feeling "Graceless":

 

A "Godless and Graceless" coin, in fact the UK's first decimal coin issued for circulation in 1849. It got bad press for the omission of "Dei Gratia" (By the grace of God). the design was changed before more florins were issued in 1852.

It demonstrates that the Royal Mint received flak is nothing new.

That’s a beauty of a coin. 
Anyone in favor of a Gothic coin for the 3rd issue in the series? Might as well change it to the Great Engraver.

5 minutes ago, GoldenGriffin said:

I know exactly where you're coming from and I've had similar experiences.

If you have received a new coin and there is an issue with it, chances are the RM are not going to re-mint it, at least that's what happened to me.  I have a copper spot on my coin, but I was okay with them not re-minting because I know I can get this coin conserved and remove the copper spot.

Now, what I also know (and you may know this already), is that when these coins are graded, they do not look at the coins in the same light we may have at home.  They grade them in a dark room and use lamps and look at the coins in a different light setting.  So, if you look at your coin directly under a spot light (can't remeber exactly what light type), if you see any blemishes (flaws), it doesn't necessarily mean the grader will see those flaws.

Something to remember and not to get too depressed about! 🙂

I didn’t know that, very interesting... 

All I know about grading is that they magnify the coin 8x, but I’m pretty sure even that is incorrect! It’s all very secret society when it comes to what goes on in the grading labs 🤫

6 minutes ago, GoldenGriffin said:

You've got to post some snaps when you get it, just to make us drool.

My experience with the RM when buying any 2oz gold coin starts with sheer excitement that the package has arrived. Even more excitement when I look at the coin for the first time... and then deep depression when I find a very noticeable flaw on the coin.  I wasn’t bi-polar before I started coin collecting but I’m pretty sure I am now 😬

2 minutes ago, Oldun said:

Well, on my open order page, it said the total for one coin was so and so but there were three pictures of the actual coin beneath it. I gave the RM chap my order reference number on tne phone and he said all was good and the problem was at their end. Whew !

It seems like everyone is seeing triples in their order. As long as you don’t get the dreaded cancellation email, I think you’ll be fine. Fingers crossed!!

Does anyone have a spare £27,000?

1 hour ago, terakris said:

My old account manager was fantastic, I'd always have a coin reserved that I wanted. My new one, not so much, maybe cos my spend is lower than before but often my emails are just ignored.

Do you have any idea if they make any commission off the sale of a coin?

Ooh just had a 2oz silver cancelled. Can’t say I’m all that surprised 🤷🏻‍♂️
Good luck to everyone else, hang in there!! 🤞🤞

11 minutes ago, MancunianStacker said:

You have a proper account manager! Wish I did. 😂

I just get the odd call trying to sell me a raw common coin for double the going auction rate.

Is it possible for you to switch account managers? Maybe some thing to look into for the future. It seems to be luck of the draw

17 minutes ago, Chrisplym said:

Are you a member of Mint Marque? Maybe that helped?

Nope, I think that’s their highest tier I think? I’m not a Japanese collector spending millions 😜

2 minutes ago, GoldenGriffin said:

I agree, a good relationship does go a long way, which I believe I have with mine - maybe I'll be surprised, like you, next time the 'Great Engravers' is released 

It makes a world of difference! I’m on the lowest tier and a very small spender in comparison to some of the heavy hitters out there, but we get along really well. Luck of the draw it seems!

1 minute ago, Spence098 said:

Definitely spends alot of money.

Well done mate.

Hope it all arrives OK 🙏

I don’t think I spend much more than the average person. I’ll purchase the big releases but that’s pretty much it.

But I do have a good relationship with my ac. I think that’s what it comes down to.

Sorry I’m late to the party! I thought everyone went oddly quiet after the sale... and then realized the conversation was moved over to the new thread 😬

I got into the queue pretty quick and purchased a 2oz silver. My account manager (who is brilliant and I worship like a god) called me in the afternoon and managed to get me a 5oz and 2oz gold. I know, ridiculous... I’m counting my blessings. 
Now I’m crossing my fingers that all arrives okay... 🤞 I don’t count my chickens until they hatch 🐣

4 minutes ago, magpie79 said:

yep sit on the page and your be directed to the sale once it opens, do not refresh !!

i had first time nerves and sat in my first que with the mr men the other other day (please don't ask)  

its quite easy just follow the instruction on the page and your be all good 

 

 

Ah yes, but I meant the process of getting into the actual queue.

If you sit on the RM page, once the queue opens, do they pop you right into it automatically?

26 minutes ago, magpie79 said:

Anyone have a idea of how many you can buy ie limit per household 

It’ll be 1 denomination per household.

so you can get a 10oz silver and a 2oz silver.

Does anyone know how the queue system work? If you just sit on the page, when the queue opens do you automatically go into it or do you need to refresh the page?

4 minutes ago, GoodAsGold said:

Great points, well said. Good luck tomorrow if you’re in the hunt for a Graces coin. I’m now out of the hunt having used most of my spare cash buying a couple of special half sovereigns from SilverMike in the past few days (1817 AU50 and 1826 PF60). 

Thanks mate. I’m definitely going for it. Setting up my command center tonight so I’m good to go in the morning.

I’m also doing finger pushups today. Gotta keep them nimble!

3 minutes ago, sovereignsteve said:

Three Graces tomorrow guys🤪

Start your engines 🚗

14 minutes ago, Paul said:

https://britanniacoincompany.com/buy-coins/proof-sets/2020-alderney-three-graces-five-pounds-matt-gold-proof-1/?fbclid=IwAR2p4g_HsX1z1csvKOwEO_DNZk-ExbvljvIsZB5EJ-QzxxIrT2dFByoY-Dg

Grab your MATT gold £5 Three Graces now 

Mintage of these x100 

£8999 to those with deep pockets 

Ooh 100, enticing... still don’t know where Alderney is though 🤷🏻‍♂️

I’ll have to give this one a miss 😬

3 hours ago, BrumChris said:

I expect dealers to be feeling out potential demand in the far east. If they start buying at £10,000-15,000 over issue price then you've got a winner.

My gut feeling says the 2oz gold will be posted on eBay for no less than £20k... and at that price, I could see people buying it. 
Personally, that is WAY too much risk. If something were to go wrong with the transaction, I don’t think it’s covered by PayPal/eBay Money Back Guarantees.

27 minutes ago, GoodAsGold said:

I’m glad you see my point @SovCollector.  Everyone knows that the Graces are going to be a huge hit due to very high demand, but once they’re all sold and the dust settles I think some owners might reflect on the exorbitant amount they’ve paid for their coin and wonder was it worth it getting caught up in the hype when the time comes to sell. The raw RM gold and silver releases should represent good value, along with the first 100 silver BCC ones (£499), but I’m not so sure about the rest at the prices some companies ask. They want big profits instantly so maybe it could be more prudent to ignore the pre-graded 70’s hype and just buy the coin not the slab? 

I agree. Buying raw from the Royal Mint is a fantastic investment. There are more denominations being released for the Graces in comparison to the Una. How will that effect future pricing, who knows. I do think a large part will come down to mintage. 
To this day, there is still only 5 2oz gold Una’s graded by PCGS as PR70 Deep Cameo. They also VERY rarely hit the market. That will keep the price up for years to come and I wouldn’t be shocked if that coin one day hit £100k in the near future. There are some people who have crazy money out there and £100k is a drop in the ocean to them.

If the gold Graces get squirreled away also, they should hold their value nicely... but I do think there is going to be mad flipping for the first couple of weeks. A lot of money is going to start flying around!
Is it too late to still get a loan out?!

28 minutes ago, GoodAsGold said:

I don’t believe I’m saying this but my interest in the 3 Graces is starting to wane as we continue to wait for the RM releases. After several versions of gold Una by the likes of the RM, Alderney, St Helena, Hattons of London and anyone else I’ve missed, it just seems to me that there’s too many parties getting involved in the Great Engravers series.

Don’t get me wrong, it’s good for collectors who want to secure any affordable gold or silver version, but maybe the RM issue of 200(ish) 2oz gold Unas alone would have created fantastic rarity which has already been diluted by lesser versions. 

The Graces do look stunning but in recent years some of the very first coin releases in a series achieve greater popularity than the rest of the series. The 2016 Lion of England in the QB bullion series and the 2016 silver proof Peter Rabbit in the Beatrix Potter series being prime examples. Admittedly you can’t compare the Graces to a rabbit, but I can’t compare them to Una and the Lion either. 

I’m not saying I won’t be trying to get involved in the buying frenzy, but maybe (just maybe) there’s too much hype for this follow up to the Una release?   

Yes! I know exactly what you mean. 
It is starting to feel like there is almost too much hype behind the Graces. It’s like waiting to meet your favorite celebrity and when you finally do, they turn out to be a bit of a flop. 
If not released on Monday... even worse if a dinosaur coin is released... what happens at that point? There is only so much time and effort one can devote towards this.

I’m sure the RM release will be beautiful and all that jazz, but talk about dragging your feet. I do think the Alderney release, at ridiculous pricing for the gold, has left a bitter taste in the mouths of many. At the end of the day, it’s Alderney..... I couldn’t point it out on a map if my life depended on it!
As much as everyone is hoping, it is definitely no Una. The value of the Graces will skyrocket right off the bat, but... it’s still not an Una. 

43 minutes ago, goldhunter said:

No need to sshhhhhhhhh!!!!

Mintages are 1,000,000  plenty to go round !!!!

Now where’s that dislike button...

Right on time...

Mr. Men Little Miss being released today at 9am (whatever that is?!)
Is anyone else tired of waiting..... 😤

4 hours ago, Paul said:

If is potentially "life changing money sorts of money"  profits involved it wouldn't surprise me 

It is crazy to think that it really is potentially life changing money. Hang on to a small 2oz for a couple of years and that is someone’s deposit on a house, a way to get out of debt or even a fancy holiday. Oh wait.... we can’t go on holiday. Scrap that idea, but you get my point

All this waiting and the entire launch will be over in less than a minute. It’s going to be a race to the finish line.