GoodAsGold

The releases of the Jubilee series, the Memorial series and the Coronation series have hit collectors hard in our pockets as we all know. Likewise the cost of living crisis. I wasn’t too sure about stretching to a third quintuple purchase after the first 2 special releases. In the end, I decided to give the Coronation quintuple a miss, simply basing my decision on the fact that the Jubilee and Memorial special designs appear on the front of my slabs, whereas crowned Charles would only appear on the back. The 2016 sov with the one-off effigy of the Queen suffered the same fate.

PM now sent @ST1986

Hi Stefan. I’d like to purchase one of these please. I’ll PM you tomorrow to check that there’s no change to your bank details since I bought the quintuple Memorial. I recently bought my son his first bullion sov and I’d like to buy him a top graded proof for Christmas so he can compare both versions side by side. Cheers. Steve

Yes, welcome to the forum. Was it a case of not hearing what the release is, or your account manager perhaps forgetting to tell you, do you think? @Paul might know, because he usually gets those calls too.

Shocking. I wonder just how many Aussie cricketers and swimming gold medalists have missed out on that over the years?

Can you “celebrate” a defeat? It could only be silver and not the gold.

But will it be a long queueueueueueue? 😀

Hi @Ignorant. Some of us collect, some of us stack and some of us do both, as we’re all aware. But when it comes to precious metal coins then we all invest. Some of us look to sell our investments on at a profit. Some of us like to hold onto our investments and ultimately gift them to sons, daughters or whoever. So when you suggest “some coins are just bullion, worth no more than their weight in gold and unlikely to appreciate in value” I would add that the value of bullion fluctuates in line with its constantly changing price on the precious metal markets. Simply buy your bullion when market prices are down and sell when the market is up and there’s your profit. Personally I wouldn’t refer to it as “just bullion”. After all, it’s still precious.

Impulse purchases maybe, but they should set your own pulse racing when you’ve got the coins in your hand. I bought the same coin in the First Release label from Mr T back in May, but you’ must have acquired these beauties at a truly rock bottom price.

What a great spot. Are all of the staff so eagle-eyed? I bet Miranda has never lost a needle in her haystack then.

Fascinating stuff and thank you for the pics. I hope Lawrence is well.

Thank you for this info. I thought it was a practical joke (in Lawrence’s style). 5 years into collecting gold coins and I’m still not ready to take my L plates off. Here’s to the next 5.

Seems like the Royal Mint is taking more liberties with the traditional G+D design. Or is it Doug the photographer at Chards with an exclusive special reverse reverse?

Imagine what it would be worth with a QA sticker as well.

Decisions, decisions. Not so easy when there’s thousands of pounds at stake. When I mentioned that I tend to dwell on decisions until I’m happy with whatever I decide, I failed to mention that they’re not always right in the longer run but they seemed right at the time! Knowing I couldn’t afford a £5 proof Memorial in a box set I took the plunge on the raw £5 BU. When the opportunity came to buy a PF70 £5 sov off a TSF member then I upgraded to that. The Bank of Wife had to help me out with that one. So now I’m dwelling on the future of the BU coin. I’ve still not got around to the Coronation sov yet but I “think” I know my plan. It would be very handy to have a 2nd wife though! TBH box sets are not my thing. Hopefully the monarchy will settle down for a while now, I can settle my IOU and then think about obtaining a first ever SOTD myself (raw though, so I could admire its plain edge).

I tend to dwell on such decisions for a considerable time before I arrive at the conclusion I’m happy with. I share your concerns regarding what you could end up with from the Mint. You did really well to get a SOTD and, maybe you could wait and see what comes up on the secondary market? Bearing in mind the high mintage of the sov as well as the low mintage of your SOTD, perhaps you could forego acquiring everything in the 4 coin set and just go for the £2 proof instead? Or is it more the prestige of owning the 4 coin set itself?

I don’t recall @westminstrel giving us the heads-up on that one!

The available to order coins must not be in stock yet, I suppose.

Buy the coin, not the slab - oops, I mean the damn box. I envy the RM wooden boxes with the “gold” hinges myself.

Gut feelings are one thing but I struggle with the FOMO personally!

Just FYI Paul I did the same calculations for the 5 coin Memorial box set when I bought a PF70 Quintuple off a TSF member. A raw Memorial Quintuple equated to £3197 on release, or £74 less than your estimate for this one.

Hi. If the 1907 Melbourne AUNC sov pictured immediately above is still available then I’d like to buy it please. I take it BT would be acceptable?

Beautiful collection @Paul. I hope to contribute to your thread myself soon. So is this you now owning 6% of the total mintage of those Platinum Jubilee crowns?

In general it’’s easy to criticise the RM. I like the occasional moan about them (quite rightly about the lack of any QC in particular). However, we complain about some mintages in general because they’re just too high, hence this topic of debate whether the long term value makes them a good investment or not. Yet other mintages are just too low and we complain that they sell out in a flash and we just can’t get hold of them. It can’t be easy to strike a balance and please everybody, collectors and flippers or both alike. The skill in spotting a winning coin release is based on more than factors beyond something that’s just a special release perhaps?

That would be over 95% achieving a 70 out of those sovereigns considered worthy of grading. Others (particularly in box sets) have been returned straight back to the RM as being unsatisfactory.