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refero

Silver Premium Member
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Everything posted by refero

  1. refero

    Slab...over coin

    why i got the feeling that more and more stackers/collectors are buying and, rather than enjoying their purchase, are immediately taken into this PF70 or MS top pop madness? I understand this is an extremely expensive hobby, and it is more than reasonable to protect our investments.. but it looks like a shame nowadays getting a PF69 back from NCG or PCGS.. (its also good to bear in mind that its perfectly natural that only a small % of a specific proof mintage get the highest grade) I dont understand this rush in sending a recently aquired coin to get its plastic sarcophagus. I queued like thousands of people recently to get my Jubilee, and few months after my memorial. I have no clue if they would get a pf70 or not, but to be honest i couldnt care less. Maybe, if and when i ll decide to sell... but why now? This late slab rush is turning us blind guys. We should enjoy more our coins and not focus on those bloody figures/plastic box..
  2. i m not sure britannia and cazlikescoins got the meaning of my message... had no intention to deny the beauty and the magic of this particular coin. I myself love the idea of having (1980) a birthday sovereign... the point is about the crazyness we are now experiencing about standard sovereigns like gillicks. I dont see any difference between today (2023) and few years ago, when these coins were considered just as bullion ones (i dont consider the passing of Queen Elizabeth II THE factor behind this insane raise in prices) and i dont get the point in paying silly prices for top pop grading when there are dozens and dozens of top pop and these figures are updated almost daily...
  3. i m sorry to ruin the party.... but i really dont understand this madness about gillicks. They are normal bullion sovereign. If we sum the 10 years as a whole we get to more than 45 million !! of pieces... fortyfive millions! of coins that never circulated. 99% of them are in Mint state. a couple of days ago, a 1957 in MS66 (NGC) at Coin Cabinet fetched 1700 gbp hammer (this is 2000 euros); for that amount you can actually buy 4.5 "normal gillicks". NGC declares 26-27 MS66 slabbed 1957. and with PCGS i guess we get to 50ish coins with that grading. Not really a rarity imho.... And considering the current rush in sending these bullion to slab... i bet within an year there will be dozens of brand new MS66 pieces around.... do you understand guys that with such behaviour we are feeding this insane market? We cant then cry for current prices.. gillicks are gillicks. BULLION rounded pieces of gold. we are creating artificially a numismatic value to something that it's not numismatic
  4. i thought TB series was going to duplicate QB one. i dont get the point in releasing the first 2 and then stopping? or changing the scheme.. are they definitively gone mad?
  5. thanks for the kind reply. I m not after PF70 because i m not willing to pay the large premium they attract. PF69 or no slab would be my preference. Thanks in any case.
  6. good morning, as per title, i am after the following proof sovs; 2006-2007-2008-2009-2010-2011 (not necessarily in slab, but of course they have to be flawless. I m not UK based but i can provide a London delivery address ; cheers
  7. that happened already in 2015, with fourth and fifth obverse of QEII. my guess is that there will be a SoTD on the 6 May (and another one to celebrate KCIII 75th birthday later on this year) with a special reverse, and a traditional 2023 Sov as part of the coronation set
  8. there's an insane run going on, where everyone tries to buy, slab and get the ultra super duper maxi fantastic wow PF70 (on modern proofs) or a TOP POP ms 66-67 (on modern bullions); and this is just DESTROYING the market (when i see a gillick going for 2 grands i really turn sad).
  9. 1) i havent on modern sovereigns, but maybe i just havent checked them that closely before. 2) i wouldnt consider it "an error", or in any case i wouldnt personally consider it something that would add value on the coin. And that would apply both ways (if i was to keep for myself, or i was to sell it) 3) i d call it doublestruck too 4) i'd return it and ask for a replacement
  10. hi all, when is usually released the bullion version of 1oz gold coin (after the proof one is out?) i ve noticed on the Royal Mint webiste that the proof Bull of Clarence (300 pieces) 1oz gold coin is on sale
  11. assuming i pay today a 1oz gold coin 11% over spot (around 1690 gbp when the 1oz today stands at 1520 gbp); what would be the re-buy price that very same dealer would pay me tomorrow? that is the crucial information to me; if they pay spot i am even more convinced it is a huge mockery. if they pay spot + something it is already different...
  12. i understand, that's what we all hope at the end of the day... nothing personal of course and my comment wasnt pointing at any of the users that wrote in this thread. Thing is, when it comes to stacking, the goal should always be to pay the minimum spread possible above spot price. Otherwise it is another thing. And thats i am afraid to say a huge success of the RM (and other mints around the world); to create a brand new hybrid half stackers-half numismatic market, where people pay large premiums on something that should't carry it on
  13. unfortunately the real madness is the artificial market that has been created on ounces. They were first minted just as a different way to stack gold, with a little to 0% premium over spot. Nothing numismatic, nothing that should attract more than 3-4-5% premium over spot. What is happening today is, i am afraid to say, just a huge mockery. You can create the fanciest ounce ever, but bullion is and bullion will remain. And people that pay an unreal premium over spot should be aware that (if and when they will re sell it) dealers will payback exactly what is worth in gold. No (zero, niente, nada, niet) premium.
  14. at least you are UK based. think about poor lambs like me if (and when...) they receive a fail coin...
  15. As the 6 of May (coronation day) approaches, id like the big boys here on the forum to start sharing thoughts and feelings (nothing under embargo vetoes of course); i read about a coronation proof, eventually a SoTD but i wonder if that would be THE 2023 (proof) sovereign instead. And i also wonder about the coronation set. That is an incredibly fascinating and powerful piece of history that will be written soon. I'd prefer the 2023 proof being part of the coronation set to be honest. Cant afford multiple "unique" treasures this year..
  16. The Jubilee proof sovereign (2022) was released on November 2021
  17. earlier today i received an e mail from the RM stating that my memorial proof sovereign is ready to dispatched. As i (they...) clearly failed to get one of the first sovs despite my super early order back on 15 november 2022, i answered that, got this point, "I INSIST TO GET THE LAST PROOF SOVEREIGN MINTED AND DISPATCHED, WITH A COA STATING THAT"
  18. refero

    Sharing a beauty

    While waiting for my memorial poof to get home (.......) i share with you today my lovely 1867 Sidney mint sovereign. As representative for the Sidney sovereigns it was to me quite straightforward to pick 1867; it is (with 1840 but Sidney started only in 1855) the only year where London shield sovs are missing; a perfect year then to fill this way,.... It is slabbed NGC as AU58 and it took me several years to find the right compromise between grading and price
  19. what to me is really not acceptable is that RM keeps on hold buyers (like me) that bought directly to the RM itself on the very same release day, while other suppliers (like chards) got it back on stock now and (i guess) ready for IMMEDIATE delivery. (and 15 gbp cheaper) for not talking about (this really matters to me) the totally screwed prioriry order. I ll get one of the last proofs, when i bought mine amongst the first honestly what is the point in buying from the RM? more expensive and getting a random product, most probably minted amongst the last ones
  20. A legal action is clearly something not worth the effort (and the money wasted); what surprises me a lot is i haven't read in your comments anything about the discrepancy between queueing (getting a priority etc etc) and then having to wait when people that ordered way later are having their goods dispatched. this is of course not a matter of principle but of substance. Why should i get one of the last proof sovereign minted with a die when i bought it amongst the firsts? in today's numismatic world, obsessed with first strikes, ms67, pf70 etc etc etc i "invest" money and i realize timing is essential. I dont see this right protected anyhow here
  21. Just got another unreal e mail from the RM… and, after all these weeks, i wonder if (in an imaginary world, with endless money to waste) ..a legal action would be somehow feasible.. “Dear Mr XXX , thank you for your email, I hope you are well. I can see that your order is just awaiting stock which we plan to retrieve within the next few weeks. Your order will then be despatched. I apologise for the delay. Kind regards, Nikkitta FACTS I placed my order on the very same day of release (15 november) and i did it within the first half an hour (9,30 ish a.m). I placed my order directly to the god damn producer (not to a whichever dealer) which should be the one crafting and holding the good purchased, and therefore keeping what has been ordered before re selling a % of the rest to its commercial partners (other dealers etc etc). If i am not mistaken the delivery was at that time guaranteed during (for) the first weeks of January. I paid and got my money taken on the 15 November. Quite surprisingly, the proof sovereign has not gone sold out immediately, but has been availabe for weeks and weeks (at some point, with the clear goal to speed up the selling process, the RM officially stated that this coin would have been available “only” until 31 of December, and that the official mintage could have been possibly reduced, after that day. ASSUMPTION - Being in a queue, i assume (am i wrong?) that the “rule” first come first served” applies, where my order should be processed BEFORE others placed later on the very same day (for not talking of all the others placed in the following days-weeks). - The RM used the last months of 2022 to start minting the proof sovereign (keeping an eye on the still-open purchase option on the website) and related set-s and the first weeks of January to start with the deliveries. FACTS Hundreds (thousands?) of buyers received their purchase in the last 4 weeks, with the RM totally screwing/ignoring the day (and hours) of the orders’ placement. I got friends (and not only in UK but across Europe) that ordered it at the beginning of December (and not even from the RM) that got it ages ago. What is the point in trying to be amongst the first and to secure a coin with the highest possible definition (oh yes i am talking about a damaged die, or just a “tired” one) if then no one gives a *°*° and, with more than a month’s delay, you receive an e mail like the one i got yesterday? THEY PLAN TO RETRIEVE STOCK IN THE NEXT FEW WEEKS (WTF?); retrieve from where if i may ask? Conclusion; Isn’t the RM breaching a contract i “signed” when i paid for something that should have been delivered a month ago? Should’t they pay a legal inerest for the money taken with no compliance whatsoever of their part of the contract? I bought my good directly from the producer, not from a delaer, therefore their statement about the need to retrieve a stock sounds totally unacceptable. And i m not even talking about the quality of the product (that i hope will be satisfactory) p.s not even keen in properly writing Nikita... what the hell is NIKKITTA a pornstar nick name?
  22. what is (if known) the official mintage of the first 2 tudor's beasts? compared to the queens? thanks again
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