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Timberwolf

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Everything posted by Timberwolf

  1. 2022 proof coins were a much smaller mintage, a significantly more popular monarch (all over the world) and an extremely exclusive event (70 years of rule). IMO the 2023 sovereigns will not be close to being in the same league, value wise, though that's just my opinion, I could be very wrong
  2. Do they use Royal Mail, or another courier that insures beyond the standard £2500 covered by special delivery? I'm considering dropping off my coins physically in the London office, then paying for them to send them back to me (insured). Also, can anyone confirm is this is the London office? Doesn't look to be advertised externally as NGC (Certified Collectibles Group UK). https://www.google.com/maps/@51.520237,-0.1225173,3a,75y,239.3h,100.72t/data=!3m6!1e1!3m4!1sSSkJ82S2OjvcAVJxarBB4Q!2e0!7i16384!8i8192?entry=ttu
  3. South Wales. Easily doable on the train I guess. I think I'd repurpose a money belt to carry my coins for peace of mind. Guess I could also collect them in the same manner, or do NGC use some god tier courier to return coins to you?
  4. Thanks for the reply and info, I hope your coins make it back safely to you soon! I wish there was a way to send with RM special delivery with > £2500 insurance. Does anyone know a reputable courier that would fully insure a large value package than this? Else it'll be multiple special delivery shipments that I'll have to use.
  5. I'm in the process of packaging my coins to send to NGC, so exciting! This maybe a strange question - is it an issue that I'll be printing the form out in black and white? I only have a mono laser printer at home. I could pop to a library/printing company if colour is 100% required though. I can't see any stipulation on the form, but thought worth checking here.
  6. Thanks for the reply, Dave. Ah I didn't realize the grading was done in the US. Will I be shipping to an address in the UK, then NGC ships to the US? As for coin flips - I've got some suitable for 1oz Britannias, but nothing that fits the £5 sovereigns. Which coin slips do you use for those and where do you get them?
  7. I'm just about ready to join NGC and send off several proof coins for grading. I'd like some information from anyone familiar with the process, so I know what to expect. I have several 5 coin, 4 coin, 3 coin and individual sovereign sets to send. 1. The www.ngccoin.uk website mentions putting the coins in plastic slips, then double boxing. Would it not be best to send the sovereign sets in their RM wooden boxes, with packaging to stop the coins from rattling? 2. I've not removed the proof coins from the original capsules, nor do I want to, as I don't want to risk dust/scratches/accidents. 3. Sending the coins - Royal Mail special delivery insured up to £2500, so for the 5 coin sets, would it be best to use another insured courier, or even to physically drive/take my coins there in person (if this is even possible). Only other option I can see would be to remove the capsules from the 5 coin set, then pack the capsules in boxes of up to £2500 worth in each box. Many thanks for any response/help with my newbie questions.
  8. Over the last 70 years, which of the two countries has declined and which has ascended? In another 70 years, I imagine India will have less problems than the UK will. Gordon Brown saw fit to sell much of the 401 tonnes of gold to India (at $275 an ounce) after all, this will undoubtably help them in the coming economic collapse/reset.
  9. The UK is a very different country with Charles as king, compared to Queen Elizabeth II. India overtook us to become the world's 5 largest economy. The UK is in steep decline. India was once a former colony of the UK. To think that they've now overtaken us.... Again, I just don't see many collectors wanting a piece of 2023 history Britain. QEII however, different story.
  10. It's a big gamble, for those that are hoping Charles coins become more sought after in the future/after his death. I don't see it myself - he's currently at the height of his popularity from how I see it, absolutely not something I'd take a risk on. Instead, I'll be buying as much bullion as I can (as I simply love stacking gold). The bullion coins I'll purchase will also have crowns on them too, making that feature common and undistinguished.
  11. I think this is a great coin for those that like Charles. It's a fantastic coin if you're a fan of him and the age he represents. Those in this category, in my opinion, are buying to hold for many years and pass down through their family. I'm speaking purely from those looking to buy now and profit from selling in a few months to years. I just don't see there being enough interested buyers willing to pay such a premium for Charles III. With the memorial sovereign coins of Charles III and now these, there are many thousands of proof coins minted. More than enough to satisfy demand for a very long time, certainly beyond the lifetimes of even those buying in their 20's/30's. Contrast this to Queen Elizabeth II coins. Queen's beasts, platinum jubilee, they are much more popular worldwide and will only get more popular over time.
  12. The mintage for the Charles III 2023 proof coins is higher than the Platinum Jubilee sets. Which do you think will be rarer and more popular?
  13. I'll be loading up on the bullion sovereign instead. Asked myself the question, in 1 year, 5 years, or 1 years, how many will be willing to pay extreme premiums for Charles III coins? Not many IMO. Queen Elizabeth II coins are different - she's special and renowned world wide. I have many sets of proof Jubilee Sovereign (including two 5 coin sets), I wish I'd bought more tbh!
  14. I'm skipping this release. I just don't think that Charles III coins are in demand, nor will they ever be in demand. Queen Elizabeth II was special, I have many sets of the Jubilee sovereign, and happy to hold these and pass them to to family. In one year, 5 years or 10 years, just how many people will be willing to pay extreme premiums for Charles III coins? What does he represent worldwide? Exactly.
  15. Ordered just the coin, not in blister packaging. I just received shipping notification, though a week's wait for an in stock bullion coin is surprising! Shows demand. Thanks for the reply.
  16. Hey all, Just wondering if anyone else has experienced delayed shipping for in stock bullion items from RM? Ordered a double sovereign a week ago, still waiting! Cheers
  17. Just looks a mess to me. Way too much going on. Looks like they took the (IMO fantastic) 2022 Platinum Jubilee design and copy pasted bits to fill the die.
  18. Does anyone else feel a sense of desperation from many owners of the proof sets, to convince themselves/others that these will "do well" in the next few years? That's the overwhelming feeling I get. Comparisons are drawn to the Platinum Jubilee 2022 proof sets, when I personally don't see how they're comparable: 1. Queen Elizabeth II was a very, very popular monarch, worldwide 2. No-one currently alive will see another platinum jubilee, it may take multiple generations or even hundreds of years 3. King Charles III's (lack) of popularity, both domestically and worldwide. There just isn't much interest or care towards Charles 4. The era that Charles III's reign/coins signify. Major UK cities being minority white, UK being overtaken by India in GDP, less than half of UK registering as Christian during 2021 census, general financial collapse of UK. IMO proof coins featuring the Queen will continue to do very well. I think the RM will continue to churn out as much c**p as possible from this point, with as many special editions of sovereigns for whatever reason they can, just to maintain their margins and try to cash in on inexperienced collectors. I've always said that proof coins are a very risky investment. They're okay if you know what you're getting yourself into, though many clearly don't, or they wouldn't be worrying or trying to convince themselves/others not to cancel. If you LOVE the design, LOVE Charles III, then these are a good investment, as you're not going to be selling. If you're worried about resale value in a few years, why exactly are you taking this risk? Who do you expect to be willing to pay even more for your coins than the ludicrous premium RM already charged for these huge mintage coins?
  19. Yeah, such extreme mintages. Has there ever been a time when the 5 set had such a huge increase? From only 700 sets for the 2022 Jubilee 5 coin set, to 1200 for this sovereign. A 71% increase in mintage, not sure why people are expecting the £5 sovereign to do well?
  20. There's a big difference in paying huge premiums over spot for proofs that may not do well long term, versus backing up the truck for bullion coins at low premiums over spot IMO. Proof coins are very risky. I'd only consider these sets if you really love the design, rather than out of a desire to flip for profits in a few years.
  21. I think it's a combination of factors putting people off: 1. Mintage. Almost doubled for some sets, for example 5 coin set 700 for 2022 Platinum Jubilee (much rarer event also), vs 1200 for Charles III's first sovereign. That's a huge increase... 2. Popularity of the Queen. 3. Majority of people not being interested in what Charles III reign symbolises for the UK. It's a very different era, one where the UK has lost much of it's power, economic might, credibility and worldwide influence. India recently overtook the UK to become the 5th largest economy (by GDP). Paris just took the #1 stock market position from London. We're a complete laughing stock to the world after Liz Truss's pathetic few weeks as PM.
  22. Ditto! Just can't compare the popularity or exclusivity difference of the 2022 and 2023 proof sovereigns IMO.
  23. 5 set, 4 set and 3 set were all gone within minutes.
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