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foinikas

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Everything posted by foinikas

  1. I am waiting for my 5-coin set which i was hoping on grading with First release label. Do you or anyone else knows how i can send them coins as a set to be eligible for First Release label?
  2. Does anyone has any information about first release cut off dates for NGC for the various denominations of the memorial soveteigns? Will it be the same for 1 sovereign and the 5-sovereign proof?
  3. I guess the full sovereign proofs are sold out now! finally 🙂
  4. Memorial Sovereign is another masterpiece from Jody Clark. One of the most talented great engravers of our time. When people get the coins in their hands they will realise that. I think the design will look stunning on the proof 5 Sov. Too sad that the RM did not sell the artwork as they did with the Platinum Jubilee.
  5. Always buy the coins you like and you cannot go wrong. The design on this coin is amazing to say the least. One of the most beautiful sovereigns out there designed by the legendary engraver Jody Clark who made the Britannia 2014, the Queens last effigy and the Queens Beasts and Completer coin! People who will miss out and future collectors are going to be looking for these coins. Mintage numbers are higher than before but not the highest of special reverses. This was not advertised well, actually really badly as they sent an email 1 week before release and that was it. Higher mintages and higher prices all contribute to slow sale, HOWEVER, i must say that all sets were sold out by lunch time and then in the afternoon RM decided to add more (even though they actually wrote “sold out”). These coins are a part of history, a wonderful design and the first sovereign of the new King. I have no doubt in my mind that these will appreciate very well in the long run. I am glad i could buy the 5-coin set as this design will be a stunner and i am sure will be one of my favourites.
  6. Where did you read that there will be another special reverse next year?
  7. Theres a new design, it is already been leaked in TSF and other places.
  8. I will argue that the price of the 5-coin platinum 2022 proof aet in pf70 sells around £8500 give or take. I have seen many sales around that mark the last few months mostly on direct sales but if i remember correctly also on some auction houses. Having said that, i cant wait to buy the new 5-coin set for my collection. If i could get my hands on a second set and graded and got pf70 in all, (considering a fast sell out) i am guessing the price would range around the £7500 mark. The design is so amazing that there is a chance this would be desired as much as the platinum Jubilee set. I think time will tell, but this is my prediction.
  9. Isnt the 2023 proof sovereign supposed to be G&D reverse?
  10. The design is the best i ve seen the last few years. Maybe the most beautiful sovereign design. I love Jody Clark, he is one of the best coin engravers out there in my opinion and i am collecting his coins. I am definetely buying whatever i can get my hands on on Tuesday! Will aim for the big set as i think only the £5 will really do justise on the beautiful details on this design. The demand will be very high and i dont think these will last more than a day or two. Even with the increased prices, once these sell out, will be hard to get them at RRP again.
  11. The design will be a shield similar to the platinum jubilee, but i have heard it will be so much better and made from a well known engraver! I am very excited as design is a very big deciding factor for my purchases. if anyone has the design please share it with us 🥹🥹 Mintage numbers seems to be higher to meet demand. I am pretty sure these will be quick sell out (within few days).
  12. Indeed, they should leave the actual prices of past coins, but if they do it people will realise the 15-20% increase from last year.
  13. I believe mintage will be higher. They will try to meet on demand and the demand will be very high, higher than the 2022 sovereign when it was released in my opinion. I hope the deaign will be nice
  14. I think it will be slightly higher than that. sovereign 2022 showing at £695 on RM website so i am guessing thats the new price
  15. Yes, the Royal Mint will want to monetize on the ascension of a new King, but as this is such a special event, i really do not understand why not everyone is welcoming this new design. We are lucky enough to have the opportunity to purchase two special reverses in two consequent years. This is something to celebrate! There will be plenty of years to buy the standard reverse for people who are happy to buy that every year. I am very excited for this release and hopefully they will keep proof coin mintages within a good range (not very high mintage).
  16. foinikas

    QB completer

    I have the completer coin in bullion and proof gold and silver editions in various sizes and i can only say, its on of my favourite designs. So glad RM released this. Hope they do it with Tudor Beasts as well.
  17. Will it be the exact same reverse design as the 2022 sovereign? What do you expect regarding maximum coins mintages?
  18. The slab is much better protecting your coins than the capsule. Most of us have dropped capsules at some point i am sure 😂
  19. I wouldnt buy anything else tha Royal Mint on british coins. Unfortunately coins from the other mints dont usually hold on their values and most of the times you will lose money when you sell.
  20. Unfortunately the coin in discussion was full of milkspots (despite being a pf70). For me grade is not just a number, i always check carefuly the photos of the coin in sale. If there is a very small milkspot or imperfection i might still buy if i like the coin, but i would never buy a pf70 full of milkspot as i know the coin might be a pf67-69 and is worth half of what is sold for..
  21. The highly anticipated Great Engravers Silver and Gold bullion bars have been available for pre-order on 24th May. This is the 2nd in the series as most already know, what are people thoughts on the design ? mintages are pretty much the same like Una & the Lion. I like the design, although i think Una & the Lion is better. Maybe when i see the bars in person i will like it more (usual case with all the coins i buy 😂🫣)
  22. This coin is on my bucket list! I will add it to the list, although it will be rarely seen for sale due to its rarity
  23. Hi all, time for an update on coin prices! Update April 19th 2022 There seems to be a downward trend the last few months on the prices achieved in auctions of the new modern coins sales, especially on silver coins. An exception is for the proof sovereigns which, not surprisingly, are doing very well on the auctions, ebay and facebook groups! For the rest of the modern coins, It seems that Royal Mint have been releasing too many coins and the collectors (and other buyers) have run out of steam and cash. Many flippers did not manage to sell the coins easily for a quick profit and panicked undercutting each other out and driving secondary prices down (this can be seen at the Gothic Crown silver portrait secondary prices selling at release prices). Many popular series like proof Britannias 2022 did not sell out on most coin denominations (with very high mintages that the RM in all their wisdom decided to have not helping) and the new promising “Monarch Series” latest release King James I experienced a similar thing (The RM decided to partner with Heritage Auctions and give the 500/600 1oz proof gold coins in pf70 for exclusive sale, leaving only 100 coins for us mortals). Only the 1oz proof silver has sold out in a few minutes due to very low mintage of approximately 1250 coins. RM is extremely slow on new coin deliveries, sometimes taking over a month to send the coins out, however it seems that they have improved their quality control in the last few coins, at least to my experience. At the moment, the covid situation seems to be fading away, although the inflation is at very high levels affecting prices of all goods. The war on Ukraine is also not helping the global economy and hopefully it will end soon and peace will prevail. People seem to be more reluctant to buy as all the above reasons are having everyone wanting to save some cash just in case things go worse. Below the update in prices from recent sales and auctions. CC= Coin Cabinet Auctions, HA= Heritage Auctions, Ebay= Fleebay 🤣 PF70 Sales: 2019 Gold Una & The Lion 2oz £59,000 ➡️ No new sale 2020 Gold Three Graces 2oz £17,500➡️ £13,500 (source: CC= Coin Cabinet) 2021 Gold Completer 1oz £4500➡️ £4500 (ebay sold over £6000 but most sales in groups around £4500) 2021 Gold Gothic Crown Q.Arms 2oz➡️ £8500 (CC) 2021 Gold Gothic Crown Portrait 2oz➡️ *£8500 (only raw and pf69 sales of around £6500 achieved) 1989 1 sovereign £1900/ 5 sovereign £6500 ➡️ 1SOV £2000/ 5SOV £7500 2002 1 Sovereign £700/ 5 sovereign £3000 ➡️ 1SOV £750/ 5SOV £3100 2005 1 sovereign £700/ 5 sovereign £3000➡️ 1SOV £750/ 5SOV £3100 2012 1 sovereign £1400/ 5 sovereign £6,500 ➡️ 1SOV £1200/ 5SOV £6500 2016 1 sovereign £950 / 5 sovereign £4,500 ➡️ 1SOV £850/ 5SOV £3300 2017 1 sovereign £1000 / 5 sovereign £5,500 ➡️ 1SOV £1075/ 5SOV £5500 2022 1 sovereign N/A ➡️ 1SOV £900 / 5SOV £5750 2014 Britannia 1oz £7,500➡️ No recorded sale There were many good deals for buyers in the past couple of months auctions done by heritage and CC, as the prices achieved on most coins were below fair market value due to the reasons above but also some auctions were taking place in bad auction days (mothers day) where most of us where busy and could not bid on the coins we wanted. What do you all think the market is moving from here onwards? Would you like to monitor some key or popular silver proof coin prices as well? Please comment and let me know. Thanks
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