JeffM

I would have sent mine in for grading, but I have to first visit my optometrist for stronger glasses so I can see it.

You need to understand, however, that the slabbed coin comes in a wood case with the Royal Mint logo on top. That alone makes it worth it!

IMO - and this is just my opinion - I think both the regular proofs and reverse proof are part of that same 1000 mintage. The RM considers them all proof. It seems like the RM reserved part of the mintage for GovMint and made them reverse proofs. If that’s the case, then we don’t really know how many of the regular proofs and reverse proofs were struck. Yes, this is really crazy…..and a mystery.

Thanks, fellas. I thought their websites look very similar. BTW, their prices for the 1/4 oz. cypher are the same.

BTW, that 1/4 oz. cypher is also available from gold.co.uk.

The Kentucky Hoard went on sale in June and sold out immediately.

From what I can see, it's just GovMint / Modern Coin Mart (same company). This is a heavy hitter company here that gets lots of exclusives. Since they get the exclusive, they set their prices high. So, if you want it, you have to pay. GovMint recently got the exclusive distributorship of The Great Kentucky Hoard coins that has made big slashes in the news recently. (Farmer found millions of dollars in gold coins on his Kentucky farm that were buried for over 150 years.)

Thanks, Paul. This is as I expected. I am now even more tempted to bite the bullet on a 2 oz. RP silver, seeing how relatively rare it is. Except for us collectors in the U.S., this really stinks. A UK coin variant, struck in the UK, that is not available in the UK. I don't think I've seen that here with US coins, but it wouldn't surprise me, especially when a money grab is involved. The problem here is getting a hot issue from the US Mint. Flippers and their bots used to clog the mint site, making it next to impossible to break through and make a purchase. The US Mint solved that beautifully by setting up advance subscriptions for popular coins. Now, we just leisurely sign up for a subscription to get the annual coins in the issue and then sit back and watch on release day. It's a beautiful thing.

The silver is within reach (though overpriced), but the gold is out of sight. $6,295 (USD) for a 1 oz. gold? I don't think so. And, in the e-mail I got, GovMint had the nerve to say that they are saving you money because they showed an eBay ad of someone selling it for $6,900!

I think the silver reverse proof mintage is within that 1,000 mintage limit. This is quite strange. GovMint told me that the COA and the RM box they received the coin in before grading state that the coin is proof (not reverse proof) (same box and COA as the proof coin) with a mintage of 1,000. So, it looks to me like the RM reserved a part of the mintage for reverse proofs that went to GovMint. Certainly, I haven't seen them anywhere else.

I checked with an account manager at GovMint. He couldn’t give me too much information, but I think the gold and silver reverse proofs are a special issue for GovMint. The RM CoA and box are the same as those of the regular proof 2 oz. silver coronation coin. There is no reference to reverse proof except on the NGC slab, as pictured in the photo and link I provided. I’m thinking that the regular proof and reverse proof are both together under the posted mintage. If so, who knows how many RPs were made?

OMG, I need to move to the UK like yesterday!!! I would be at the RM every day to strike my own!

If she will graciously hand sign the COA, I will order it immediately. I know a super investment when I see it!

For sure, anyone who spends $6,295 for a 1 oz. gold has several screws loose in the head! Of course, if it was actually struck by Anne Jessopp, that's a totally different story!

2 oz.

The silver is about £378.

The silver RP looks great, too, but not at the price GovMint is charging (even though a lot less expensive than the gold).

I think you're correct. I have seen this before, especially with GovMint here in the U.S. They commission issues that only they sell, or they buy a large hunk of the issue.

I'll bet GovMint bought a ton of them to corner the market. Then they can charge what they want, and if you absolutely must have it, open your wallet nice and wide!

GovMint charges a ton here in the U.S. for all the coins they sell. Some are only available through them, so you pay a pretty penny if you want the coin.

GovMint charges huge, obscene prices. $6,295 (USD) for the 1 oz. gold and $495 for the 2 oz. silver.

This is the craziest thing. I got an e-mail from GovMint this morning that showed the two RPs. I thought it was a mistake. I contacted them, and they responded that, yes, they have the RP gold (1 oz.) and RP silver (2 oz.). I was interested in the silver, so I checked online and could find it nowhere else.

Here you go: kingscoronation (govmint.com) GovMint also has the RP gold. I did not realize these reverse proofs were even made. Maybe for foreign markets? These little secrets keep popping up!

https://www.govmint.com/kingscoronation?trk_msg=QV4D6QV7GON45DVVIR859DA64G&trk_contact=GVTAMLLHCIT1DC087SS4KL1KAK&trk_sid=IM4QPNIT9AB7A395II08A9MH8O&trk_link=0SM3V84899R4VESPQT0F75RM0S&ad=OB18EMAL&utm_source=listrak&utm_medium=email&utm_term=CLICK+HERE&utm_campaign=OB18EMAL&utm_content=OB_king_charles_coronation

My 2 oz. Coronation silver was sent to me this morning by my dealer. Here in the US, GovMint/Modern Coin Mart is selling a PF70 Ultra Cameo REVERSE proof of the 2 oz. Coronation silver. I didn't know that a reverse proof of this coin was minted, but it sure looks awesome.