Timberwolf

But in the grand plan of things there is only ever one first proof set for a new monarch.
There's 100% history of every proof set doing exponentially well over the very very long term wether the monarch is liked or not, shame we may need to rely on AI and musk life extension technology to savour the spoils when we are 300 year old and our gold £5s are worth £250,000+ each
 

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. 

Probably not IMO 
If I'm reading the beginnings of the the past year, highest grade QE II sovereigns like gillick portraits are making some serious prices, as the general unlove of Charles continues I'd expect folk just looking to source stuff that simple isn't Charles
With current events creating future trends, what is unloved or unwanted today, doesn't mean it will be so in years to come
IE the 1989 500 years sovereigns. Unloved and unwanted for many many years.
Now, they are to da'mooooooooooooonn prices 
Nobody knows for certain what the future holds 

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! 

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! 

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! 

Yes 20k after almost 90 year wait.  I would rather buy some uncirculated early Victorian sovereign

Perfect, this is the one to have, I am going for a full tube of these👍

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.

£1832

Whilst they are out of favour currently. Once the gold  are all in solid, multi year hands. A demand will remain for these I'm very hopeful of. Really too many of the silver to go up in mega terms 

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.

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.

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?
 
 
 
 

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?
 
 
 
 

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?
 
 
 
 

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?
 
 
 
 

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?
 
 
 
 

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?
 
 
 
 

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?
 
 
 
 

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?
 
 
 
 

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. 
 

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?

Absolutely, I recommend to everyone I speak to, to do their own homework and understand what they are getting into (we all remember Barry last year buying 42k of gold gothics expecting to make more on top of the well over RRP that he’d paid for them). Barry was a cautionary tail and a perfect example of inexperienced buyer, I bet he’s still explaining that one to his Mrs if she’s not already divorced him.
All anyone can do is enjoy the hobby, and if you are making money at the same time, it’s like getting paid money to play golf or go to the gym that’s the way I look at it. 
 

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.