Rob81

I’m thinking of selling my 1/2 oz Britannia in blister pack, so I can put towards getting a 1 oz.

Does anyone know what sort I price I can expect from selling this please?

Thanks 

8 minutes ago, WizardOfSov said:

I bought 5 of them, all 5 are now covered in milk spot and not small blemishes they're half to two thirds covered in milk spot.

Maybe I’ll just stick to gold haha

7 minutes ago, LawrenceChard said:

There is also a gold one:

https://www.chards.co.uk/2023-king-arthur-one-ounce-gold-coin-bullion/17552

Which is what I thought your were referring to because your title only said "2023 Royal Mint 1oz King Arthur Coin", without specifying the metal.

I only knew after I looked at the category: "Home  Precious Metals  Silver"  

The silver ones are also OK:

https://www.chards.co.uk/2023-king-arthur-one-ounce-silver-coin-bullion/17553

😎

Would love the 1oz gold coin but only just bought a 1/2 oz Britannia.

Good prices on chards. I must start looking at other sellers than my default of the royal mint!

10 minutes ago, silvergaga said:

I do have 2 of them and they are typical Royal Mint bullion quality, but the Robin Hood series was popular with the British public, if you have one they sell quickly around the £100 mark! 

The 1oz Robin Hood and maid Marion coins are sold out on the Royal Mints website. They do have the little John coin though, looks really good!

That’s a shame, I might avoid then. 

Thanks 

4 minutes ago, codenamedtango said:

It’s really down to your preference. 

1oz will mean, in theory lower premiums, but decrease liquidity.

Fractional will mean, in theory higher premiums, but increase liquidity.

Arguably though, if/when you come to resell, if you do so at a fair price point, they’ll likely sell either way, just might take a bit longer selling the 1oz.

What you could find, is that if you do decide to go down the fractional route, then the higher premiums you’ve paid, can be passed on when it comes to selling them on in a private sale, say to someone on TSF. Broadly speaking they’d understand that fractional carry a bit of a higher premium, but as long as they can see it’s still cheaper than a dealer.

Very broad brush advice I know, sorry.

Personally, I’m going down the fractional Brit route., just on the fence between 0.5oz or 0.25oz’s. Though I’ve seen how quickly sovereigns get snapped up on TSF, so if liquidity is something you value highly, then full sovereigns is a very good option. (When I say sovereigns, I mean proper sovereigns from the Royal Mint)

 

That’s very helpful, many thanks 😊 

Thoughts on this coin? Although a bullion coin, would this be worth picking up for an investment piece or would it be better to just buy a Maple?

Thanks 

Finally got the replacement back. Now in correct blister pack. My OCD can rest easy haha.

What do you recommend for my next Britannia purchase, go straight to a 1oz or is best to buy fractional sizes?

1 hour ago, ShineyMagpie said:

Of course not knowing your financial state, but an option could be for you to put up a sells post on here selling the oddity coin vs blister. Those that were interested could buy it and then use the funds to re buy a new coin from the mint again? just a thought

Good shout but I’ve started the returns process now. It would also involve more time to sale and then repurchase. I think the coin is around £30 more than I paid it now so any potential gain would be offset a bit on the current price. Could easily go the other way though I suppose.

Appreciate all the reply everyone. I’ve had a think and I want to get it rectified, mainly for my ocd haha.

I chose the blister pack for my first coin as it’s going to be the last effigy of the queen on a Britannia. I will probably get the matching when the King Charles coin is issued, then switch to buying capsulated Britannia’s post 2021.

I will update, once resolved! 

Thanks again, all very helpful 

6 minutes ago, ZRPMs said:

It does take the shine off your purchase (no pun intended), but don't be discouraged. Start buying from different sources. It's a shame Royal Mint quality control missed this. I'm sure it'll be rectified. Nice coin though

Thanks. Yes, I will be looking at other sources for future purchases too. As it was my first I wanted to it to the Royal Mint

You think so? Not sure I can as it’s messing with my OCD Haha

It’s the hassle to return and wait for the replacement. Disappointed I didn’t receive the email for the return info they promised too. 

Evening all,

Just received my first purchase of gold, a 2023 1/2 oz Britannia in a blister pack from the Royal Mint.

Quiet pleased with the purchase until I noticed that the back of the blister pack is for a 1/4 oz coin, the info on the back of the blister pack is incorrect and doesn’t show the whole coin as it’s 1/2 oz!

spoke to the royal mint who confirmed they would email me a returns form for an exchange and never received an email! 
 

Not a great start to my journey. Anyone else had these issues before?

Thanks for reading

10 minutes ago, James32 said:

For low premium and fast resale gold ( full sovereigns) plus they are CTG free.

Every once in a while treat yourself to a nice coin or bar ( you have to keep it interesting otherwise boredom could kick in)

Always think of resale as much as possible and that will steer you well.

Thanks for that!

27 minutes ago, James32 said:

Good strategy and a good price too.

Thanks James.

Any tips for stacking gold? Coins vs bars? Buy anything that is low or certain designs etc?

I’m a big bond fan and have my eye on the 1oz bullion bar. Not that I’m expecting it to do that well, I just like it haha

Thanks for the comments all.

I just picked up a 1oz for £84 on eBay.

I want to collect the set and in time sell it to buy gold.

Hi all,

I’m looking to start a collection in this series. From a (long term) investment point of view, would it be best to collect the 1 or 2oz coins?

I thought these would have been sold out by now but you can still order. Do you think the remaining are the returned orders due to the amount of defects people are receiving.

thanks