FlorinCollector

If anyone is looking for the gold versions of these, they are all going over on the fb groups at cost. Before they return them to the mint.🤣🤣

I guess there will be very little available on release morning? What I do know is someone will get my 5oz silver because I was too stupid to see different option.

If it was really my friend I would not charge them. What if you need a favour in the future?

@SilverJacks I get what you are saying. Some parts I do agree with. However, just a couple I don't think we do agree on. - Demand currently is not natural. You might be a beloved collector but I and even though they won't admit it (mostly all of the new comers in this forum) are here because the coins are worth more. Before covid we were not buying every 2oz silver proof that was released. The Una was a terrible release. this has only changed due to potential returns. Your opinion changes naturally when prices are increasing. When prices are down nobody wants the coin and they are trying to punt it for any price. When prices are going up you somehow end up loving every release. The key here is you do not. It is due to the potential return. The mint in turn rewards those customers who are with them regardless of the sell out release or not. So the higher mint marquee customers deserve the first refusal because when coin prices are down they still buy. I think it is easier to think coin collecting has increased in desirability in the last few years if you only collect coins. This market rationale has nothing to do with coins. It is another hard asset in a basket of products ranging from Rolex watches - Pokémon cards and beyond. This will turn and when it does all of these newbs that are die hard collectors and joined the forum in last 2 years will be able to get every coin the royal mint produces. I doubt they will up take every coin when they are not doing so well.

I think people that spend more money always feel entitled to this and companies in turn have to offer it or lose them to another hobby/investment?

That is the big difference since covid started. Before covid the business of flipping coins wouldn't work on every release. This is due to the fact that many coins used to sell under RRP. Now that this has changed and most coins sell for RRP or more there is no need for them to return the coins. They simply offer them at profit or cost. At profit they win and at cost they add to their spend history to help them get higher end coins with bigger profits. I would say it is even wise if they lose a few quid on each release to be in at a chance of a high end gold engravers coin for example.

Yep and at the risk of sounding like a **** people praise them for doing these deals but it is clear. There might be the odd nice guy but come on people!

@TeaTime Spot on! The main part is the biggest loser here (unless you hold many modern proof silver releases) is the Royal Mint. The flippers will only get caught holding the latest coin and lose on it. However, when the market turns the RM have changed their business model to more releases. I don’t think it will do well in the end.

This 100% happens and to add to that on the Facebook groups. When a coin sells out but does not have insane hype. On the groups people will offer the coins at cost or they will send it back. They offer it at cost to you so they can build their spend history with the RM. You could easily get into the higher tiers and it wouldn't cost you a penny.

@ArgentSmith Well done! Like most of these releases, the best returns are to who is quickest out the gate.

If you look at the world today you do not need to think it, just look at the riskiest markets right now. Think it will come right back to this hobby to.

Not too sure but we are going to be back to back with Tudor beast and gothic. Don't know what way about. The production team must be working weekends.

That would be nice and the RM would see a lot less quality related returns on an antique finish 😆

I don't know how everyone is keeping up with these. I really like the coin but I'm tapped out on my coin buying. Any sort of downturn or slow down will wreck this new royal mint business model I believe. I have more than one hobby sadly and this is getting a bit much.

Decided I am not going to grade my 4 coin set. It is the first time I have ever had one and looks great in the box on my desk. Grading prices going up to like everything else I have seen.

I would say in my opinion gold may go the same way if recession is inbound. No expert though.

@Darr3nG Congrats. Mine should be with me tomorrow. All going for grading?

Mine arrived today. Definitely going to be trying for as many of these as possible this year.

Mine is coming via Royal mail. Always does not sure if its because I’m in Scotland.

@Darr3nG I hope so mate 🙏

@watchesandwhisky My 4 coin set was dispatched today. Be careful and check your emails. I had to phone up and reverify my card because of the length of time, the authorisation had dropped off. This might be an issue with second engraver coin to I feel.

@kimchi Even though its even more premium i’m quite liking these blister packs the RM are coming out with. I suppose another slab for the coins but another step towards easier guarantee its real when buying.

Anyone know when Harrington & Byrne offer sovs are shipping?

@kimchi tried to quote you but not happening on my phone. I’ll be doing the exact same 👍