terakris

My 2oz got a 70 grade, really like this design over the other one, i think the other is a bit too busy.

Mine has also moved to closed so dispatch email should be on its way. i think they usually come early afternoon from experience. Looking forward to getting the 5oz, hopefully the quality is like the grace so its 70 worthy.

42 minutes ago, sovtsf said:

My 1oz Gold arrived this morning, the forum seems to have been down a lot lately so just catching up on the thread on this one... 

I was on the site by chance when it was released, took a chance on this as I really liked the design but havn't collected any others in the series. 



 

where is my instant regret for not getting one.... its somewhere... oh look, there it is... found it!

damn that's a seriously nice looking coin mate.... just wow. I should have taken the plunge too.

4 minutes ago, Spence098 said:

I think ultimately at the end of the day like you say Mike it can be frustrating... but there is no way we can loose on this coin so just sit back and enjoy it and let's see what happens with it all...that being said I was still unsure what to do with mine personally as it was graded PF69 and due to the fact there are alot of PF70 is a 69 really going to be desirable to anyone ??

There will be a market for it for sure, but i think as you say the number of 70 grades will effect it. If you took say (completed random number) £1500 for it, thats still £1200 profit... not to be sniffed at.

6 minutes ago, MikeG1978 said:

I understand where you are coming from this is what stopped me grading mine the floodgates are going to be opened and to be fair I don't blame people doing it as money is money 

But when they are doing it with every coin it just gets boring and everything becomes "rare"  which will either makes nothing rare as such or as other members say The mint will grade themselves and keep most of the money 

A little bit of the enjoyment has gone for me in the last 4 months 

 

Oh i completely understand. I think the Mint did the right thing not to increase the mintage numbers too much and keep the coin some what limited, the other sizes have gone a bit crazy, but the 5oz seems a pretty stable coin for the mint now so that may be the new size a few people start collecting.

When the next one comes out the same bun-fight will happen, and i will be in there, i narrowly missed out on a gold one this time around, if that had worked out thats 35k profit... collector or not, that cant be sniffed at and i would have flipped that as soon as i could to take the money, despite imho, the three graces being a much nicer coin than the una. End of the day, as you say money is money and some people have near life changing returns on some of these coins, so sometimes the gamble can pay off. more often than not, as with say a lot of the gold 50p's they return potential isnt there unless its a hot topic and most of the new issues will be long term loses.

5 minutes ago, MikeG1978 said:

What is killing the values is flippers buying everything up then sell asap

I think the next month when a lot of these really start dropping back in the uk is going to be a bloodbath for the graces coin with undercut after undercut. I have some with NGC atm and will sell some of them when they come back, ill see what the market is like but dont mind holding for a while.

2 hours ago, Rll1288 said:

I know its crazy.... 69's are so close to being perfect and to pay more money for something that may not even get that is ridiculous..

 

I agree, i guess there is a gamble that it could be a 70 grade coin... but it could also be worse. Its very strange pricing. Essentially, get a 69 grade, put it back in the box to sell 🤦‍♂️

grading has calmed down a little now, 16 more pf70 for the 2oz and 8 more for the 5oz. few more 69 grades too.

Yeah ive seen them under 3k on other groups. I guess maybe an international bidder.

8 hours ago, jultorsk said:

https://www.sovr.co.uk/elizabeth-ii-2020-pf70-silver-2oz-three-graces-1st-day-of-issue-fm18712.html

👍

I wonder how many have been sold at that price. I can be "selling" one at £50k, doesn't mean any have sold at that. I think this is the upper limit, there is no reason to pay more, so I would expect auctions to sell for less than this. Once the bulk of these come back from grading and are being offered, I suspect the price will drop as they will be easily available in a 70 grade, its not like an Una where they are a lot rarer.

My experience of buying at auction is the buyer will take the premium into account so if the target price is 6k they will bid the target price minus the commission and that will be the hammer price. 

1 minute ago, Stu said:

A 70 for mine also😎, thanks @CoinsOfTheRealmAuctions

there appears a lot coming through, anyone got total numbers to date for 70’s on either grading companies?

NGC update stats every tuesday, so currently its this - last column is 70 grade. almost 1k total graded for the 2oz, market is going to be flooded with flips. Best money may have been on gone on these now as i suspect this will drag the price down a lot.

4 hours ago, NewCoins said:

Guesses for how much a 67/8 would be worth ?

67 is a really unlucky grade. I have coins 40+ years older than that at higher grades. there are coins 80-90 years older that are that grade so its not a good result for who ever has it. Cant be worth much in that grade i dont think unless someone really doesnt care about the grade and just wants the coin. release price x 2 maybe? I dont think i'd pay a lot for a 67 grade modern coin.

If purchased by someone who wants to sell them on it will be broken out and resold as a raw coin no doubt.

2 minutes ago, Rll1288 said:

still only 26 5oz graded at NGC

https://www.ngccoin.com/census/world/great-britain-decimal-1968-to-date/sc-350/s10pnd/varieties/551272/

So far this could be the winner of the collection (excluding gold's)

783 total at 70  

1 minute ago, CoinsOfTheRealmAuctions said:

https://www.ngccoin.com/certlookup/6135423-001/70/

 

Not sure if you can use the link - but currently 612 at PF70 UC

Thats only the FR/ER cos they have split them out.

In comparison there are 600 total una's graded with only 200+ getting a 70, so its a big difference. there are 900 graces graded already  

10 minutes ago, NewCoins said:

Can someone explain why a pf69 is worth less than a raw coin? The seller didn't say if it comes with original packaging and coa.

 

IMHO you know its not a 70 grade coin, and most of these would have NCS already im sure but with a raw coin you could take the gamble and get a 70. I dont think there is going to be as much an uplift with these compared to the unas especially with all the 70 grade coins coming out of NGC atm. I wouldn't be surprised if these are selling for sub 1500 in a couple of months.

A pf69 that was on eBay for just under 1900 didn't sell so that may be an indication that a pf69 is gonna be around raw grade or less price.

I have a couple of custom sets but I keep forgetting to maintain them so they usually get updated before the end of each year when I get the email about the awards so I check my standard and current sets are in order.

7 minutes ago, sovtsf said:

Based on these results and volume I don’t see a 69 having any premium at all over raw. 

I agree. I think a 69 will be the same as raw and raw appear to be dropping in price so I think the best chance for good money is either the early sellers or the 70 grade ones. Then again I suspect at least half of those 70 grades will be flipped so market is going to be flooded with everyone undercutting each other until there is not much of an uplift.

8 minutes ago, AndrewSL76 said:

2oz Silver Proof.....PF67...68?? Ouch.........

That's gonna be broken out and sold raw for sure. It's scary when you think there are coins almost 100 years old that get those kinda grades. Lots of first time graders I think on these coins so think total number graded will be high.

I recon the 5oz maybe the winner here if the 2oz are over graded in high results, purely down to mintage numbers.

On 27/03/2021 at 11:54, richatthecroft said:

 

 

What's the grade on this mate, that coin looks in cracking condition! 

1 hour ago, creative said:

Congratulations!

Im looking forward to getting the coin back now and checking out TSF label

Gotta say not sure I get TSF label. May detract from any resale with a non standard label that's very custom.