richatthecroft

Hi, I've PM'd you 😃

Another Crown- bought from eBay for no more than the going rate for an Unc. 1953 Coronation Crown. Not sure why the RM slabbed it?

No.

Yes, they could, and I certainly get why you want things to be as they should be, its never good to have this thing hanging over your head and its a worry. Having thought about it a bit more, I didn't just ignore it, I did worry somewhat- I rang the HMRC, they were helpful and reassured me that whatever happened, I wouldn't be out of pocket (except the Parcelforce fee of course). Their advice was that next time I bought a Gold coin from abroad that I remind the seller to write the necessary exemption code on the Customs label prior to sending it- this makes sense of course. What I don't understand is why Gold dealers don't actually do what the HMRC suggest when they ship the coin in the first place.

Hi BYB. This happened to me in October 2018- I bought a 1/2oz Gold coin from the USA. After it was delivered by Parcelforce, I received an invoice asking me to pay the VAT/ Import charges. I simply ignored the letter and have heard nothing since. I agree with @CollectForFun nothing can happen- the VAT was never due in the first place, as you already know. It will be a pointless exercise paying the money over and then claiming it back- a waste of money to the taxpayer, by ignoring the invoice you are doing HMRC and all us taxpayers a favour.

What a lovely Silver Proof Crown 😃 Not a lot to not like, nice Reverse design and a Machin Obverse- This to continue my Type Set of Crowns. The only Crown Sized coin to bear the Machin Portrait until it was reproduced in a 2013 4 coin Silver Crown Set ‘The Queen’s Portraits’

Continuing the Crown Type Set I’m putting together, a nice 1937 George VI Coronation Crown (Spink 4078) to go alongside the Proof variety (4079) I already own. Also today, a near Unc. 1953 Elizabeth II Coronation Crown (Type I) and the rather dour 1965 Churchill Commemorative- not anyone’s favourite I guess.

Received today and continuing the Crown Type Set. This time a 1960 Crown- to celebrate the British Exhibition in New York. This is an example of a Prooflike (from polished dies) 70,000 mintage. The reverse design was the same used on the 1953 Coronation Crown (date excepted), the edge reeded instead of the incuse lettering of the 1953, this design was recycled on the 2014 Reverse of the Prince George 1st Birthday Crown. The Obverse bears the Mary Gillick Portrait of Her Majesty. This none circulating Crown was also produced as a ‘normal’ issue of 1,024,000 Copper Nickel Crowns and a tiny mintage of just 50 were issued as Frosted VIP Proof’s- again Cupronickel but the VIP Proof will set you back two or three thousand pounds 🤯 rather than the tenner I was able to buy the Prooflike for 😃

Thanks for sharing the photos of the Half Crowns, absolute stunners the pair of them, enjoy👍😀 🤩

Received today.

@LawrenceChard is the 2 Pound Sovereign purporting to be an Unc. example but it’s really a fake?

Received today, another for the Cabinet, this time an 1845 Victoria Crown. Quite obviously cleaned at some point but nevertheless, some nice detail can be seen, the Cinquefoil stops and the Wyon inscription 😃 A couple of gaps made ready in the Cabinet tray for nice examples of an 1821 George IV Secundo and the 1893 Victoria when funds permit. You can start to see which Rabbit hole I have gone down here 🙄

Ah, just found this in the blurb at the midpoint of this page: https://www.chards.co.uk/1989-gold-sovereign-elizabeth-ii-proof-london/281

The 1989 issue might well have caused a stir however, from memory (I can’t be bothered firing up my desktop to check this out) but according to https://m.taxfreegold.co.uk I remember reading that they didn’t sell out and we’re discounted to the dealers.

2017 issues: 1/4 £150 1/2 £250 I think the Sov was around £480 and the Plain Edge SOTD a bit more. The Piedfort around £800 5 Pound Bu around £1775 I’m not sure of the Set Prices From memory, If you go to Chards old website you might get info about the remainder 2002, 2005 & 2012 including issue prices- https://m.taxfreegold.co.uk (I think the link only works from a desktop browser nowadays) @LawrenceChard might recall the prices.

Bought today from a local coin dealer, a nice Mahogany Peter Nichols ‘Mascle’ Coin Cabinet. A lovely way in which to enjoy those special coin sets. Let that nice Cabinet toning (and Cabinet friction) begin 😂👍 😃

A very nice and what appears to be, a very honest and straight George V 1927 Silver Proof Set. 15,030 Proof Silver Sets were produced in 1927. The 1927 ‘Wreath’ Crown was the first Crown issued for George V and the first since the 1902 Edward VII Matte Proof Crown. It was an Impromptu Sunday evening eBay gamble. It’s been on my want list for quite some time and I don’t know why I left it quite so long- it’s a beautiful Set.

Thanks. It’s a good EF. It’ll likely Grade with NGC around an AU58.

I don’t believe I’ve ever been so captivated by a coin before 🙃

I think as many have already stated, £2k is a very large premium for a 1oz Bu coin with an unlimited mintage set by the RM. @Pampfan did a freedom of information request several years ago, I’ve linked to where you can find the figures below. At the time of the request there were 22,248 Units of the 1oz Lion sold- the RM didn’t respond to his subsequent FOI requests in terms of updated figures. I think as @dicker stated, £1600- £1700 is about the mark.

A Nicely toned George V Rocking Horse Crown

Both beautiful coins in their own way- I prefer the older 22ct Gold, the strike on them is pronounced and they are much more hardy- just a glance at a 999.9 Gold Brit seems to leave a mark on them! 😂

Thanks. Except when they have not gone to ground, but have resurfaced in a degree of quantity, as exemplified by the offer Chards have currently for the 2017 year date. As @LawrenceChard stated, Chards don't 'need' to sell their inventory of these 2017's but they have obviously bought plenty in, and as Lawrence stated 'we exercise sensible stock management'. As I stated in my initial post above, I am a fan of the Britannia and I do like larger denominations of the coin but all I'm saying is that paying any more than a sensible, low premium for Britannia issues that run into the many tens/ hundreds of thousands of units produced might not be a good idea, or need be- as per the Chards offer. I'm certainly not a Gold naysayer I continue to buy Gold, but my cautionary tale of paying large premiums for these beautiful Britannia coins- both Bu & Proof- comes from personal experience- granted, my experience is from the times of when the PM market was somewhat cooler- the effects of the pandemic have brought more buyers to the market and its been hot for quite some time. I'm certain that people who are lot more savvy than me can atest to the point I am attempting to put across, @Pete, @SilverMike @Roy @kneehow2018

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Agreed- debate and opinion is always good to have but I wanted to add some accuracy. If you read the OP's initial post, he is clearly very enthusiastic about the Britannia and if he's thinking about putting down a large wedge of his hard earned cash on a 2017 Britannia then he needs the question answered accurately. To this end, I wanted to provide him with accuracy- and to clarify, its irrelevant that 2017 marked the Anniversary of the Modern Sovereign in terms of the Sovereign release having any bearing on the premiums asked for a 2017 1oz Bu Britannia. To go further, I don't think @LawrenceChard accurately answered the question question the OP made: There is some common sense logic to what Lawrence stated but the fact is, a plain 2017 Britannia does not generally attract anymore premium than a freshly minted one- Chards actually have them on offer however; in 2017 a tiny amount of the 2017's- 7,030 to be precise, were struck with the Trident Privy mark (as opposed to 10's of thousands and likely over a hundred thousand of the plain 2017's) and it is these 30 Year Anniversary coins that might well attract premium, a point that Lawrence didn't pick up on (not that I expect him to pick up on everything) but in my opinion, that would explain why *some* 2017 Britannia coins attract premium. Chards have both varieties listed, (as do Bullion by Post- I picked this company because they often have listings of out of stock items, the 2017 Anniversary Britannia is often out of stock). Chards: Plain 2017- £1349 https://www.chards.co.uk/2017-gold-britannia-one-ounce-bullion-coin/883 Privy 2017- (indicative price out of stock price: £1423) https://www.chards.co.uk/2017-gold-britannia-30th-anniversary-one-ounce-bullion-coin/3366 Bullion By Post: Plain 2017- £1451 https://www.bullionbypost.co.uk/gold-coins/britannia-1oz-gold-coin/2017-britannia-one-ounce-gold-coin/ Privy 2017- (indicative price out of stock price: £1550) https://www.bullionbypost.co.uk/britannia-1oz-gold-coin/Specific-Year-Gold-Britannias-1oz/1oz-gold-britannia-anniversary-coin/ Hope this provides clarity to you and answers your question @rdhcustance