Stu

Just in case any of the guys who chose to have their coins graded through Chris and Coins of the Realm are wondering about their status, I enquired and they’re at the ‘Scheduled of Grading’ stage. Likely a while until we know those sweet, sweet grades.

Cannot abide slabbed coins however willing use where necessary I.e. looking to sell on and potentially increases value. I think it’s a very American thing with little real purpose. They will be offering a grading service for cornflakes packets next! 

A bit of fun.  

For the next large TSF prize draw to advertise and bring awareness of the forum, which will be in around a month or two. Should we double the prize and have 2x 5oz silver bars up for grabs, 2 different winners each winning a 5oz silver bar. If you think we should then like this post. 

If this post gets 100+ likes we will give away 2x 5oz silver bars. (I have set this target deliberately low so that it is easily obtainable)

If this post reaches 200+ likes, we will add a small bonus  

Hi guys. I'm a newbie here. My stack consists mainly of 10oz Kookaburra and 10oz Valiant's with a few other pieces like a 1kg dragon and 10oz snake. I got rid of most of my 1oz coins. Hope you like 👍

Possibly, but there is too much hype regarding these coins. In the short term, probably bug all difference. As @paul says, hang on to your coins folks, better for all in the long term.

anyone awaiting gradings - looks like things are going well  

I use to be the same until I realised after various tests grading that a lot of coins I was sending back would infact grade very well. I’m seeing a lot of coins people are returning with such minor issues that would most likely be fine with ncs. With scratches and perm damage I would do the same and return as you have nothing to loose but otherwise you risk a worst coin or refund.
If every RM proof coin got a 70 grade would people be happy if the 70 prices realised dramatically reduced? They certainly wouldn’t be close to UNA prices 

 
 

As has been said before, the more folk (possibly not even collectors) bang on on aboutimperfect coins, possibly with a bit of fluff, the RM will eventually cotton on, in spite of their mismanagement and will start to sell only graded coins at a massive premium. I know it’s not only the forum who is the market but make your mind up guys.
The same could be said as with Hatton garden metals in the past. We had it good for a few years, then certain folks moved in, demanding proof quality at bullion prices, computer alerts the microsecond a shield sov appeared and in the end, we have lost out in the long run.
Take the long term view folks, not the quick flip. Just my opinion

I have at the back of my mind a recollection that about 30% of regular bullion American Silver Eagles achieve a 69 or 70 grade.
That's the reason the premium on a graded ASE has been so low, often little more than the cost of grading the coin.
I have collected hundreds of Perth Mint and Royal Australian Mint bullion coins - everyone supplied in a capsule- and I honestly cannot recall seeing a single defect, scratch, pit, ding, reeded mark or scuff on any coin. Extremely rare also to see any spotting. My last tube of silver Queens Beasts from the Royal Mint - every coin was scuffed, marked and 20% showing small spots. When the 2013 Britannias were first issued the coins came in sheets with every coin in a thin plastic cell. I bought 100 and every coin, I repeat EVERY, coin was badly scuffed as if they had all gone over a wire brush. The RM at the time put the damage down to a fault on a conveyor belt or something along these lines BUT every coin was nevertheless shipped out with a QC sticker on each sheet.

As has been said before, the more folk (possibly not even collectors) bang on on aboutimperfect coins, possibly with a bit of fluff, the RM will eventually cotton on, in spite of their mismanagement and will start to sell only graded coins at a massive premium. I know it’s not only the forum who is the market but make your mind up guys.
The same could be said as with Hatton garden metals in the past. We had it good for a few years, then certain folks moved in, demanding proof quality at bullion prices, computer alerts the microsecond a shield sov appeared and in the end, we have lost out in the long run.
Take the long term view folks, not the quick flip. Just my opinion

As has been said before, the more folk (possibly not even collectors) bang on on aboutimperfect coins, possibly with a bit of fluff, the RM will eventually cotton on, in spite of their mismanagement and will start to sell only graded coins at a massive premium. I know it’s not only the forum who is the market but make your mind up guys.
The same could be said as with Hatton garden metals in the past. We had it good for a few years, then certain folks moved in, demanding proof quality at bullion prices, computer alerts the microsecond a shield sov appeared and in the end, we have lost out in the long run.
Take the long term view folks, not the quick flip. Just my opinion

As has been said before, the more folk (possibly not even collectors) bang on on aboutimperfect coins, possibly with a bit of fluff, the RM will eventually cotton on, in spite of their mismanagement and will start to sell only graded coins at a massive premium. I know it’s not only the forum who is the market but make your mind up guys.
The same could be said as with Hatton garden metals in the past. We had it good for a few years, then certain folks moved in, demanding proof quality at bullion prices, computer alerts the microsecond a shield sov appeared and in the end, we have lost out in the long run.
Take the long term view folks, not the quick flip. Just my opinion

As has been said before, the more folk (possibly not even collectors) bang on on aboutimperfect coins, possibly with a bit of fluff, the RM will eventually cotton on, in spite of their mismanagement and will start to sell only graded coins at a massive premium. I know it’s not only the forum who is the market but make your mind up guys.
The same could be said as with Hatton garden metals in the past. We had it good for a few years, then certain folks moved in, demanding proof quality at bullion prices, computer alerts the microsecond a shield sov appeared and in the end, we have lost out in the long run.
Take the long term view folks, not the quick flip. Just my opinion

If it wasn’t for my oilers and precious metals, my portfolio would be totally under water at the moment. Even my HSBC world tracker is displaying numbers in red, who’d  have thought!
Actualy BTL equity will be up also I guess but tend to forget about this. Really starting to see the benefit of the aft discussed, diversified portfolio. 

I believe @Pete wrote a piece years ago about leaving your package a few hours to acclimatise after takeing delivery, especially in winter months when opening in a warm house after parcel in a cold delivery van for hours. Condensation issues etc.  If inacapsule , hopefully on this only and not the coin itself.

I believe @Pete wrote a piece years ago about leaving your package a few hours to acclimatise after takeing delivery, especially in winter months when opening in a warm house after parcel in a cold delivery van for hours. Condensation issues etc.  If inacapsule , hopefully on this only and not the coin itself.

I believe @Pete wrote a piece years ago about leaving your package a few hours to acclimatise after takeing delivery, especially in winter months when opening in a warm house after parcel in a cold delivery van for hours. Condensation issues etc.  If inacapsule , hopefully on this only and not the coin itself.

A suspicious mind might also ask how many of them are staff or friends of. Anyway, it is what it is, just would have hoped some may have went on general sale. The chances of getting one would have been minuscule, but still feels fairer.

I'm very surprised they would even mention grades as no one knows what a coin will grade its only a prediction and then theres the transit of the coin. If they remint expect to wait a while for another, I have given up waiting for remints on other coins and have also had worst ones returned.

I think the more people that start saying they want their coins to hit certain grades to RM the more chance they will look to move into selling graded at much higher prices. I have noticed a lot of people seem to be so much worried about really tiny imperfections these days and a lot that I've seen on groups are mostly dust. I'm fussy but a lot I see I would send to grading that people are considering returning.

I'm predicting we see a higher % of 70s this time around compared to the Unas as they have been taking on board feedback and the recent 5oz Eltons show how they have improved since the Queens as one example

I’m keeping my graded Bonds medium-term now. I’m sure they will stay quite iconic. 🤔 Every movie release generates more interest. Daniel Craig’s last movie now and then onto the new Bond. Aston Martin DB series of models flew up post Craig’s first movie. I’m sure it will have a similar effect on the RM designs.
The issue I have is that when you are putting a coin into an auction below RM release price you only need one bad auction to lose out terribly. It’s great for opportunistic buyers. Who’s putting Bonds into their next auction? I’d be surprised if any did. I’d rather pay a 15% final fee over 10% if I could set a better minimum starting price. If they didn’t feel comfortable with that (putting effort into the listing with a decent starting price) then I guess they don’t feel that comfortable with their own marketing and finding the buyers / creating the demand.
Coins of the Realm are the sellers choice now imho. They need to get into the Japanese market quick though. The buyers are used to the website app. Sellers should not be too greedy also.  If I put my PF70 in for say £5,500, I’d hope for £6,000 or more and hope to get the competitive bids going. Are the Asian market aware of them though?
You want that sweet spot where an auction item starts 20% below the usual hammer price, to secure the deal for the seller (so unlikely to lose out on their investment) but still give the buyer the possibility of a bargain. Maybe Employ a Japanese National or Student living in the UK to develop their Brand in Japan and other Asian countries. What do you think@CoinsOfTheRealmAuctions? Do you advertise abroad in coin magazines, Japanese forums etc? Just some thoughts 💭 

The way things are, I think anyone would be daft not to grade before moving coin on eventually. If you are keeping until deed, no issue. The price difference could be 3k between perfect grade and raw.
Also I am not sure of  this however, I think with the likes of this coin, anything sold as raw, unles very early days will be viewed as not able to achieve a good grade, or been for grading already, got c**p grade, then broken out to achieve (try) best price. Is this a fair summary? 

The way things are, I think anyone would be daft not to grade before moving coin on eventually. If you are keeping until deed, no issue. The price difference could be 3k between perfect grade and raw.
Also I am not sure of  this however, I think with the likes of this coin, anything sold as raw, unles very early days will be viewed as not able to achieve a good grade, or been for grading already, got c**p grade, then broken out to achieve (try) best price. Is this a fair summary? 

I’ve got one to sent back also.   Just thought if keep them they can’t give to anyone else and more chance they would send a coin 

I hope you’ve got the old louoe at the ready for the “1/4 sov”😉