Shinus73

Painful to let this pass as an avid collector of Nectar points but couldn't find anything I wanted. Had my eye on a specific proof set, but somebody snapped it up before the 'power hour'.

3 hours ago, TeaTime said:

I think one difference between a collector and a flipper is that most collectors buy what they like whereas flippers buy what they think others will like. 

I do both of these things. If you’re ultimate aim is to maximise your returns, regardless of timescale, it’s clearly the way to go.

My approach to silver and gold has evolved over the years.

I started out as a stacker of the cheapest possible bullion (coins mostly) and was initially entirely disinterested in proof coins.

I now mostly stack / collect graded proof 1/4 oz gold, sovereigns etc, although my silver purchases still include a lot of 10 oz bars and junk silver.

Some observations for graded coins (in the UK):

Stick to Royal Mint coins, despite the frequent problems - many people will fawn over your lovely Libertads, but nobody will pay what you want for them.

Never pay RRP for proof gold 1/4 oz coins from the Mint - wait a couple of years and you will pick up the same coin (graded) for significantly less.

Always pay RRP for special design Sovereigns from the Mint - wait a couple of years and you will pick up the same coin (graded) for significantly more.

Silver - unless you get a PF70, the best you will do is get your money back.

Stop buying and grading proof silver coins (this is a message I really should listen to, but won’t).

1 minute ago, Iacabu said:

I've got order confirmation email for 2 quarters and a 3 coin set. 

FOMO made me do it, but I'm not so convinced with most things still available 

I'd relax - it's been half an hour and the website crashed.

They will do fine in time.

4 coin set sold out.

I asked Pobjoy many years ago for mintage figures relating to Isle of Man coins and was told that the information was not released for commercial reasons.

1 minute ago, richatthecroft said:

I think what's affecting supply on the Secondary market, aside from perhaps people hanging on to them following Her Majesty's passing, is that people who bought from the Royal Mint are still waiting to receive the first issue!  As exemplified by @Shinus73's frustration.  I only received my third coin issue on Thursday this week.  I think patience will be the key to getting this series collected up.  

I also received the third issue on Thursday, returned for a replacement on Friday.

On 10/08/2022 at 09:54, Shinus73 said:

Will make a nice Xmas present - still waiting for the 1st coin, ordered on 31st May.

Still waiting…..

On 10/08/2022 at 09:54, Shinus73 said:

On 10/08/2022 at 09:54, Shinus73 said:

Good delivery bars tend to start at 1000 oz, so that list is pretty much irrelevant to the everyday bullion buyer.

Thursday, 9 am.

What have the Romans ever done for us?

I like this series.

27 minutes ago, Paul said:

What happened to sovereignsteve here?? He just seem to disappear.

He seemed a very nice and knowledgeable chap posting and dealing/trading with him 

I asked myself the same thing a few days ago after looking through some old messages.

7 minutes ago, Alz111 said:

 

Still can't find it on the site....

2 minutes ago, Goldfever20 said:

But the same with silver coins, right. And people went mad.

People can afford silver, not gold.

1 minute ago, Paul said:

No 1oz silver 

I've just ordered one from coin connection, so they must be producing them.

7 minutes ago, Alz111 said:

Yes 1oz silver 15,000 mintage and gold 300 mintage 

I can't find either of the 1 oz on the site.

Just now, Goldfever20 said:

Why 1/4oz gold is not selling as fast as the silver coins, it's only 650 mintage?

It's ridiculously expensive.

No 1 oz silver or gold?

It needs a little brother.

38 minutes ago, SilverJacks said:

These aren't flying off the shelf like the others in the series. Smaller queues moving quicker also...

I'm not sure about that - my memory might be playing tricks, but the silver versions seem to have sold out much quicker than any of the previous issues. 

On 03/10/2022 at 18:23, Shinus73 said:

If the last 10 years are anything to go by, it will be down a minimum of 10% from here by Friday.

If I’d said next Friday, I’d have been spot on.

Consistently, if the bad news is very bad, it’s good news for everything except PM’s. US inflation at the top end of expectations, 10 yr treasury note yields above 4%, DOW down 600 points at the open. The banks know more money printing is on the way, buy stocks, sell PM’s.

25 minutes ago, Gordy said:

its banter at the end of the day and harmless...

‘Banter’ seems to infect every thread now - I find it off putting.

51 minutes ago, Orpster said:

curious, would have said the Charlie sov being announced but they already stated no more Charlie coins in 2022

It would be dated 2023.

I think it's definitely to confirm that the unlimited memorial coins are now actually limited to those already sold and that everybody who spent Monday moaning about unlimited coins is an idiot. 🙂