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Posts posted by SilverMike
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3 minutes ago, Colnago said:
Jeez, anyone got a tutorial on how to do this 🙃
It was this, putting the correct product code in.
https://www.royalmint.com/basket-page/Add?sku=UK22PJS2&quantity=1
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I wonder if this is what has pumped the recent prices in hammered coins, word has got out the mint are buying to make sets up? Some crazy prices at Spink recently for nice, but not normally extremely expensive coins. Wouldn't want to be on that spike, ive had some nice, high grade hammered coins and I become ambivalent to them quickly and move them on
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1 minute ago, NewCoins said:
Its something I have been looking at recently (genuinely from an interest perspective). This was due to seeing it happen on previous releases.
I don't fully know how widespread is, or if there is a consistent method for doing so.
I have my suspicions around what happens, but I also think the door might have gotten closed this morning.
There might be other ways, but I have some suspicions around how there maybe be more people doing it recently.
Yeah, I only learnt about it on the Gothic release (after the event), you needed the product code and you could link straight to it and add to basked immediatly on release. It didn't work this morning
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I didn't have the balls to go for it in 2oz Gold but I know I will be trying later down the line, I did go for it in 1oz Gold and 2oz silver though 😉
- ArgentSmith and James32
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Like the great engravers there's no formal continuity, but also like the great engravers if you have collected all the past ones it definitely gives you a better chance of securing one when you get put on reserve lists and speak to them. It isn't about this release for me, albeit clever what they've done and im looking forward to getting it. Wether I keep it or not is another thing. For me, im interested in the future releases, when you get to George III and the dims match up with a few outliers on the way, William and Mary, Queen Mary, Elizabeth I etc. These are going to be in proof, with the Edward VII, will they do a matt proof to match the 1902? we'll see at the end of this year, but anything from George III onwards (in monarch date order) is going to be very hot imo. These other ones we'll see.... what about a special release of Edward VIII 😅
- ArgentSmith and NewCoins
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2 minutes ago, matt1r said:
Wow is that it. Low numbers.
Well, thats the “limited edition presentation” apparently. Could be higher for other sets
- ArgentSmith and matt1r
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13 minutes ago, NewCoins said:
Do you mean lpm ?
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Is it me missing something, these gold £100 1oz coins don't seem to appear in the gazette? It only mentioned the 200 2oz unless I missed it entirely?
that label isn't a Royal Mint label either, I'm wondering if its a special commission like they did on the QB Completer and it wont actually be for sale via RM. We’ll be offered the 2oz gold where the 1oz is from MCM or somewhere like that?
Edit: Pretty sure its MCM.
- harrygill111 and Chrisplym
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11 minutes ago, NewCoins said:
Ive looked at this too. I think the diameter of the gold also just lies outside of the max size. Also the bulk submission requirement is difficult to meet, from memory it needs to be over 100coins.
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14 minutes ago, magpie79 said:
Haven’t got a problem losing the capsules but whats the best way to send these for grading ?
as theses won’t squeeze into the 2.1/2 saflips recommend
I don’t want to give the grader the hump trying to unscrew these impossible things
On this size i leave mine in the capsule and push it into the 2.5 flip and label the flip. Ive always got the capsules back as long as you tick the box, but they don’t necessarily come back at the same time
edit: sorry if you mean a 5oz or 10oz, i tape the capsule shut so it doesn't open then label capsule
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Depending on what you are selling and its respective value you can normally negotiate either very low or zero seller fees with a few of the bigger coin players, heritage, DNW, Spink etc. But the auction houses all will take their 20-30% cut somewhere so the amount you ultimately get back is probably not that different as most buyers will (should) take the buyer fees into consideration. There are some of the online auctions that have lower total fees, such as @CoinsOfTheRealmAuctions so you get more back but it depends on what market you want to hit I guess and what you think is the best psychology. best of luck
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1 hour ago, Timberwolf said:IMO the difference is that a collector will simply not want to sell certain coins. For example, I recieved my 2oz gold Gothic Crown a few days ago, and it's just beautiful. I can honestly say I don't want to sell it, as I want to look at it often over the years and sleep well at night knowing it's safely in my collection, in perfect condition.
If I were in the position where I had to sell assets, my gold 2oz would be the last coin I sell.
I think thats fair enough, but I imagine the vast majority of us, regardless of out respective nett worth collect within a range of affordability. I think for most of us a £5k gold coin is either unaffordable or a serious investment. If that coin never really changed much in value those who could afford it would likely be happy to hold and enjoy. But if that coin becomes worth 20k that collector needs to seriously ask themselves is it worth 20k to me, would I buy it for 20k, could I afford to buy it for 20k, do I want a 20k coin in my collection, etc. If the answer is no to any of those questions then I think its time to sell to someone who will answer yes to one or more and everyone moves on, the seller happy they had one for a while and isnnow able to buy stuff that suita their affordability and the buyer enjoying their valuable collection.
Dont get me wrong, there a handfull that have just come in to the market as they see rhe margins, but i have no issue with them as to be successful they need to do a lot of research first. I also genuinely don’t think they refelct the majority of what alot of people here and elsewhere are grouping as ‘flippers’
- Jeffers46, jultorsk, apachebleu and 7 others
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I’d be interested to know if my latest exploits deem me a flipper or not:
i bought the silver 2022 annual sets as I wanted the JC crown. I don't want the rest, not my thing and they are expensive. So I've stripped it out the set. I had offered the remainder here at what was equivalent to less than cost. No one wanted them, fair enough, so I've shot the lot on ebay to move on. If those coins sell and I effectively get the crown I wanted for cheap, next to nothing or even make more than the whole set cost does that make me a flipper? but if they sell for nothing and the crown costs me a 80% of the set price does that make me a collector? some would say how can I be a collector splitting a set up, but thats exactly what the daddy of flippers does, the RM and i’ve collected the crown(s).
- Griffo, SilverJacks, Paul and 2 others
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Everyone is a flipper imo, just different strokes for different folks. unless you’re getting buried with them, but even then you are just keeping them for the flippers of the future.
Id be interested to hear from those that adamantly deem themselves not flippers as to what is an acceptable period of time to hold a coin to say you are a genuine collector and at the point is there an acceptable % uplift over what you paid on release that you deem not profiteering? Or do you need to sell at what you paid (irrespective of time and markets) to not be a flipper? if the market has crashed and you sell for what you paid is that ok?i get it, ive been annoyed when ive missed releases but i dont hold it personally against those selling, yes some regret and undoubtedly envy but i just accept it, but everyone is different
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39 minutes ago, Samcrewsilverlover said:
Will the release in the upcoming months of Queen Victoria gothick crown set really increase the value of the first quartered arms release???? I see sellers selling the first edition for the quartered Arms at a a lower price..and some dealers lowering their prices on this first edition....makes me think that these coins are not as popular and sought after as they should be....is this release a bummer or will they increase in value in the next 5-10 years??????
I am expecting a graded 70 set in silver to have a floor of about 1500 and rise from there, graded gold 30k ish+. Graded Plain edge gold set, could (probably will imo) fly.
- magpie79, AndrewSL76, richatthecroft and 2 others
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- Gruff, silversurf, richatthecroft and 24 others
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Surely this isn't fair on collectors, I have no issue with with a broad release but they should be releasing the info beforehand so people know what's coming and can ask questions. There are going to be loads of **** ups.
Good luck everyone @ArgentSmith PM sent
- Spanishsilver, AndrewSL76 and ArgentSmith
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More about the range and the design just been put up: https://www.royalmint.com/our-coins/events/the-queens-platinum-jubilee/behind-the-designs-with-john-bergdahl/
- Heirlooms, richatthecroft, Piperscoins and 2 others
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1 hour ago, westminstrel said:
Which obverse will it have, do you know? I like the JC obverse - somehow the “Queen on horseback portrait” which they’ve used on Jubilee coinage since 1977 has never appealed to me.
Hey @westminstrel, my reading of it is that the annual sets will have the JC portrait (my preference in this case also) and the separate releases will have the queen on horseback. This applies to the £5 and “70” 50p (I think) in the gold, platinum and silver ranges. Going to be pricey though, here are the release details, mintages etc:
although the platinum mintage set is only 30 (nearly £10k for the set!), my preference is still the gold, a snip at £7.1k 😂…
- westminstrel, richatthecroft, Chrisplym and 1 other
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24 minutes ago, Samcrewsilverlover said:
Was surprised to see the Gothic Crown in 4th place? I've seen alot of comments from people saying it was the best coin this year...
Any opinions why it didn't make the No:1 slot?
Bare in mind this won it last year, at which point the competition lost all credibility imo.
even this year, although I have no issue with the completer winning it, the £5 BU wasnt the choice of the range.
that the insulin, the prince philip and the remembrance coin come in above the sovereign makes this years competition almost as farcical, imo 🙂
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36 minutes ago, GoldDiggerDave said:
then it’s worth subbing as you could be lucky.
100% agree with this, ive had the same experience.
15 minutes ago, Altitudes said:I think that would be difficult to capture. It's mostly if you turn it at a certain angle it just has an odd kind of smudged look.
It is normal and I know what you mean, unlike the old proofs which have a very flat and mirror surface (allowing for die polishing) the modern ones on a 10+ ish magnification seem to have a ‘mottled’ look. i assume its just the difference between the manufacturing techniques of the dies. The modern ones look ok in hand though but assume they aren't lapped and finished as they used to be. The use of modern multi-axis machining can also sometimes be seen in the details of the designs, normally on what should be smooth long running details. It does annoy me sometimes but it’s just the difference in machining techniques.
Royal Mint British Monarchs Collection
in Gold
Posted
Thinking about it, if you happen to have the modern 2oz gold 3 Graces or the 2oz Gold Una, surely you'd want the 2 oz George III and/or 2oz Victoria (assuming YH) to go with them? it's the same idea as the recent Gothic release. Its an expanded Great Engravers release in my mind, some coins may not be as desirable as others but there will be quite a few key coins...