SilverMike

Thanks @SilverMike for these lovely coins- a nice Lundy Islands Set, a fantastic high grade 1902 Proof Sixpence a fantastic upgrade in my Sixpence Type Set and the appreciated gift of the 1911 Shilling, with nice provenance, thank you 😃 

Lovely high grade Gold, Silver & Bronze South Africa Sets, which include several NGC top population coins.  
Well worth the wait given Customs delays and hold ups UK side due to postal strikes.  All from the late October Swiss Sincona auction.
Lovely Gold Proof Gillick & George VI portraits. 








 

Thats incredible mate. Congratulations 

Thats incredible mate. Congratulations 

Thats incredible mate. Congratulations 

Received a couple of days ago. This super graded half sov
 

Australian halves are generally harder to find in high grade than UK ones. This 1893 is from Sydney and is graded PCGS MS61.

I remember people bashing  the 2oz gold Una and the lion on release. 
 
For me I’m getting a few of these just because I genuinely like the coin, and the proof £5 will look magnificent. 
 
I do think the RM has backed some collectors into a corner releasing this as a 2022 especially at this time of year when they have Christmas to pay for, we will likely get 2 proof sovereign releases in 2023 the coronation and the usual November 2024 I just hope they don’t start a trend.

 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

After the King’s Coronation next year, there will be a dearth of reasons for special sovereigns (many recent ones coincided with the late Queen’s achievements in longevity of reign and marriage and her death along with the ascension of the new King), so enjoy it while it lasts……it’ll be back to regular sovs for a decade or two going forward after the coronation…..
 
The first proof sovereign of a new sovereign is always a winner……history proves this. If I were a youngun, I would be asking Santa for one for sure. If I were an Oldun, I would be getting one for its own worth as a collector and pass it down to a family member who appreciates value as opposed to numerical worth…..what is the phrase….someone who knows the price of everything but the value of nothing…….think of the value not the price.
 
Having bought both the 2017 5 coin set, 5 sov BU,  piedfort and SOTD,  thePlatinum wedding set and the Queen’s Platinum set as well as the 1817, 1937 and now 5 coin Charles III set, I am comfortable with my choices.

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

The RM are more institutional than this imo and if it is the case that they expected it to sell out in days it'll be the first time ever. Historically coins just sit on the website and sell out when they sell out, as has been the case with past sovereigns and everything else (before the pump and dump era of the last 2 years) and these will eventually sell out or the window to purchase will close for all "memorial coins". The RM are always behind the general market trend, it takes them 6-12 months to adjust to the market position / demand where we as collectors do within days, good or bad.
With that in mind, neither do I think the mintages have been set "to maximise profits", more a reaction to how the market was and the demand they anticipated from their data sets of the past 5 yrs or so. Which we know the last 2 was very strange and v.extreme. They simply set the mintages to what they think the market wants (and the price to what it will pay) and will adjust it as they go with their profit expectations levelised across their full range of coins. If these coins had come to market in 2021, they would have all gone within the first couple of hours, irrespective of the mintage. Now obviously not, there are less people buying who's sole intention is to immediately sell.
If on the 2023 release, or more likely the 2024 release (imo) the mintages are lower do we assume they are trying to minimise profits? no, of course not. They are constantly chasing the sweet spot, but they are currently dealing with the same cooling market we were at the beginning of the year

You think that they haven’t sold a few hundred coins, that they haven’t struck yet, in a few days, that this is an issue to the Royal Mint? They strike lots of coins in gold that they are more than happy to sit on for years. 
I suspect not, more that @westminstrel is correct in that it was a balls up and was always the case, it’s not unusual for them to make that type of mistake. They are an odd business, but in their weird way they are protective and proud about who they are and what they do and represent. These sovereigns along with the other coins they have tagged as “memorial” is their way of honouring the passing of QEII and they will proudly stand by their mandate. 

You think that they haven’t sold a few hundred coins, that they haven’t struck yet, in a few days, that this is an issue to the Royal Mint? They strike lots of coins in gold that they are more than happy to sit on for years. 
I suspect not, more that @westminstrel is correct in that it was a balls up and was always the case, it’s not unusual for them to make that type of mistake. They are an odd business, but in their weird way they are protective and proud about who they are and what they do and represent. These sovereigns along with the other coins they have tagged as “memorial” is their way of honouring the passing of QEII and they will proudly stand by their mandate. 

You think that they haven’t sold a few hundred coins, that they haven’t struck yet, in a few days, that this is an issue to the Royal Mint? They strike lots of coins in gold that they are more than happy to sit on for years. 
I suspect not, more that @westminstrel is correct in that it was a balls up and was always the case, it’s not unusual for them to make that type of mistake. They are an odd business, but in their weird way they are protective and proud about who they are and what they do and represent. These sovereigns along with the other coins they have tagged as “memorial” is their way of honouring the passing of QEII and they will proudly stand by their mandate. 

You think that they haven’t sold a few hundred coins, that they haven’t struck yet, in a few days, that this is an issue to the Royal Mint? They strike lots of coins in gold that they are more than happy to sit on for years. 
I suspect not, more that @westminstrel is correct in that it was a balls up and was always the case, it’s not unusual for them to make that type of mistake. They are an odd business, but in their weird way they are protective and proud about who they are and what they do and represent. These sovereigns along with the other coins they have tagged as “memorial” is their way of honouring the passing of QEII and they will proudly stand by their mandate. 

You think that they haven’t sold a few hundred coins, that they haven’t struck yet, in a few days, that this is an issue to the Royal Mint? They strike lots of coins in gold that they are more than happy to sit on for years. 
I suspect not, more that @westminstrel is correct in that it was a balls up and was always the case, it’s not unusual for them to make that type of mistake. They are an odd business, but in their weird way they are protective and proud about who they are and what they do and represent. These sovereigns along with the other coins they have tagged as “memorial” is their way of honouring the passing of QEII and they will proudly stand by their mandate. 

Depends what we deem a winner, but in terms of desirability and importance yes, 100% its going to be desirable and important forever more. Its a superb design and the first sovereign of a new monarch and we shouldn’t let the madness of release days distract us from the bigger picture.
Its only in very recent years have any coins sold out in the first days / few hrs (since mid 2020) and that was due to the very weird and pumpy environment we were in. 1989, 2002, 2005, 2012, 2016 & 2017 and everything in between took days if not weeks (and probably months on the early ones). These will all be sold out soon enough if that is what some measure success by.
In terms of mintages these (the 5 and 2 anyway) are low for proof coronation / first of a monarch sovereign sets if you look at anything from Edward VII 1902 proof set onwards. Regardless of what comes, this set is as important as any sovereign set that marked a new monarch and also rarer than most, with the odd exception (1953 for example). Arguably for Sovereign collectors, particularly type collectors this is the most significant and important release in 85yrs, since George VI.
1902 5 coin proof set 8,000 ish sets
1911 5 coin proof set - 2,800 ish sets
1937 5 coin proof set - 5,001 sets
1953 5 coin proof set - 3 or 4 sets
2022 5 coin proof set (KCIII) - 1200 sets (less than 2000 2 Sovereigns in total)
as something to think about, even the 1839 Una has reported mintage of 400 and I doubt that fully accounts for the extra’s struck in the years following 1839.
i grade so I've picked up a few sets todays where I could, i’ll put a 5 coin 70 set together and then move the rest on, a  profit would be nice but not essential.
These are superb and i think once im hand collectors will be very reluctant to let them go.