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Reputation Activity
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Oldun reacted to MergingCultures in The Memorial Sovereign 2022 with King Charles
I managed to get a 2022 Proof using my phone while having a boozy lunch!! I didn't even notice the queue!!
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Oldun got a reaction from Mkbigboy in New coins coming soon.
Think about it…..almost all modern silver proofs go down…..just a fact of life…
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Oldun got a reaction from Bixley in New coins coming soon.
Think about it…..almost all modern silver proofs go down…..just a fact of life…
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Oldun reacted to apachebleu in New coins coming soon.
I actually kind of like these as a set but not enough to buy one...though I did briefly have the qold quarter in my basket as I would like some kind of jubilee coin.
These launches piss me off, why must it be a great big secret until the queue forms? It would be nice to see the designs and think before having to spend a fortune rather than being made to decide on a whim as flippers try to snatch it all.
Maybe best just get a couple of sovereigns as my jubilee coins
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Oldun reacted to FlorinCollector in A flipping good strategy - advice, hints and tips please
IMO - I think you have just missed the boat. During covid the flipping of numismatic coins boomed. Coins that many on here would not touch in normal circumstances were being bought up and flipped for many times initial price. I think we are now entering back into normal times. I think the biggest gains from RM releases are in the past. Many will go back to not touching these coins as the last few get burned with what they are holding.
This is just from the numismatic point of view I have no experience in trying to flip bullion. One main point about flipping is for the best price you need to have it relatively fast because people will pay a premium to send it off for grading to get the first releases label. If you are buying from the RM and you do not get the first batch released you will see your paper profit reduce significantly as each batch is released. Add in RM quality issues and it really is a lottery - if you can get the coin first and good quality then you win.
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Oldun got a reaction from MancunianStacker in Stopping using Royal Mint for good ? Boycotting completely, voting with your feet/wallet, discussion.....
Gothics were the last purchase I will ever make direct from the RM. I have been a customer for a few decades now but I am done.
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Oldun reacted to LawrenceChard in Stopping using Royal Mint for good ? Boycotting completely, voting with your feet/wallet, discussion.....
I had forgotten about that page.
We have more examples!
😎
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Oldun got a reaction from AppleZippoandMetronome in Nickel andthe LME
https://edition.cnn.com/2022/04/02/investing/nickel-short-squeeze/index.html
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Oldun got a reaction from Deus in Nickel andthe LME
https://edition.cnn.com/2022/04/02/investing/nickel-short-squeeze/index.html
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Oldun got a reaction from jultorsk in Nickel andthe LME
https://edition.cnn.com/2022/04/02/investing/nickel-short-squeeze/index.html
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Oldun got a reaction from Dakaras in What is your most prized piece of silver?
https://www.apmex.com/product/64902/1983-mexico-8-coin-silver-libertad-proof-set
I bought the set 10 years ago for about £350-£400 on a reputable auction site. All intact, and rare. Even back then, I was surprised I only had to outbid once.
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Oldun reacted to Foster88 in Royal Mint British Monarchs Collection
You both make very valid points and it, sadly, all comes down to RM being a Monopoly and don’t they know it. They’ve got the U.K market by the balls.
I’ve tried to buy into the following:
The Great Engravers (after Una and the Lion)
British Monarchs (Henry VII and James I)
Successfully buying none. It happens, you win some, you loose some, it’s life.
But what RM have massively, hugely failed to realise is that they’ve created a new series with very little chance of being able to collect the whole series.
What they’ve also done is create a secondary market of ‘flippers’ (no offence to anyone who wants to sell for over buying price within reason).
Where do numismatists come into this?
Firstly, we don’t, not that I’m professing to be one.
But four releases a year, no way to sign up to the continuity for the rest of the series like they did with The Tudor Beasts. But do so with this series at your own peril, I abandoned The Tudor Beasts after coin 1 in proof.
In my opinion, four releases a year for four years with no guarantee of the rest of the series is a dead duck in the water before it even began.
Imagine that, four times a year for four years, the stress, the anxiety of a possibility that you might complete your series. If you don’t, you’re paying around double the original RM price.
It could and can be a good series but anyone hoping for a a full set, I admire you. Anyone just buying to flip, rethink why you’re here.
Go and look for the originals of these coins that have HISTORY, we fight over a reincarnation of the original and pay a premium and why.
If you ask yourself that question you’ll realise how rediculous it is. Paying more, in some cases for a reincarnation of the original than the original itself.
But in my opinion, pick your cards and play them wisely and I feel this series will have its ‘up’s’ and it’s ‘down’s’, some coins will really be in high demand others not so.
Now, where are the sovereigns....
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Oldun reacted to Sharron in Royal Mint British Monarchs Collection
Didn't like the James I coin..just thought it looked tacky...I'm going to go for the best releases like Henry VIII EDWARD VII And Victoria..I believe its not a series that I will collect all..just the best ones...if the James 1 Is anything to go by there are going to be some very nice ones and some C**P ones...and at a price for 1oz at £95 and 2oz at £185...people must have so.e serious money to buy these coins at well over the value and current spot price..but the ones I mentioned I believe will do very well..and over 5 years...nah..not an option for me....
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Oldun reacted to BackyardBullion in Royal Mint - Great Engravers 2021 - Gothic Crown information
Dispatch email received for the 3x gothic crown portraits
Fingers crossed for some good ones
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Oldun got a reaction from MancunianStacker in Royal Mint - Great Engravers 2021 - Gothic Crown information
You fast flirt, you
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Oldun got a reaction from Paul in Royal Mint - Great Engravers 2021 - Gothic Crown information
You fast flirt, you
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Oldun reacted to Paul in Royal Mint - Great Engravers 2021 - Gothic Crown information
2oz gold "plain edge" Gothic portrait in hand now
No issues at all by the looks of it - tiny bit of surface dust
Hopefully the plain edge is visible
Away to safe deposit box now - see you again in retirement, ive only met you for 30 mins
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Oldun got a reaction from Spanishsilver in Royal Mint British Monarchs Collection
Too many coins too soon with awful qc. They have murdered the market, which is now telling them this…..
The signs were there on the first issue.
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Oldun got a reaction from Frenchie in Royal Mint British Monarchs Collection
Probably @BackyardBullion’s 2,000th special edition celebratory return coin…..
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Oldun got a reaction from Frenchie in Royal Mint British Monarchs Collection
Meanwhile gothic 2oz in stock
https://www.royalmint.com/our-coins/events/the-great-engravers/gothic-crown/gothic-crown-portrait-2021-2oz-silver-proof-coin/
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Oldun got a reaction from James32 in Royal Mint British Monarchs Collection
Absolute farce at the RM. They have zero idea how many customers they are upsetting. That is just how poor their operation has become….
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Oldun got a reaction from Paul in Royal Mint British Monarchs Collection
Meanwhile gothic 2oz in stock
https://www.royalmint.com/our-coins/events/the-great-engravers/gothic-crown/gothic-crown-portrait-2021-2oz-silver-proof-coin/
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Oldun got a reaction from Paul in Royal Mint British Monarchs Collection
Probably @BackyardBullion’s 2,000th special edition celebratory return coin…..
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