Is this a good deal? My mum has bought it today

[Sliopjbsail]

Hi, Mum ordered this today and Dad is wondering if she’s done the right thing. I hope she’s not expecting it to be any bigger ?

 

https://www.londonmintoffice.org/65-years

[prophet800]

Incredibly expensive for less than 2g of gold.you can get a full sov for less.

[Sliopjbsail]

That’s what I thought but I think she was going more on the collectible/low mintage approach. Do things like this tend to increase in value as a collectors item? I’d have said full sovereign but I also said if you like it, buy it. It will be tiny though

[shawy2510]

I doubt that will go up as a collectors item tbh. Best to go for a Full Sovereign.

[engire]

From what I understand you have to take caution with the London Mint. I wouldn't count on an increase in value since these aren't official in any normal way. Read this:

https://forums.moneysavingexpert.com/showthread.php?t=2018327 ?

I have two 1 gram maple leaf gold coins. Tiny for sure (magnifying glass needed and I have really good eyes...), but they cost me way less.

 

 

[Gildeon]

I don't think that this particular one will ever has more value than its metal content. Of course there is always a chance to find someone who would pay more. ?

[sixgun]

i just saw you start a thread saying you have been lurking for some time - this coin is jaw dropping - your mum should have taken some advice. These people are scam artists. The only plus is the free postage.

[shortstack68]

and only 13mm, you'll need to borrow the hubble telescope to look at it in any detail

[vand]

Nothing directly from a Mint is ever a good deal

[Oldun]

Cancel the order or send it back and buy a nice sovereign.

edit, just noticed you posted in June....so too late.

[Sliopjbsail]

1 hour ago, Oldun said:

Cancel the order or send it back and buy a nice sovereign.

edit, just noticed you posted in June....so too late.

I said sovereigns would have been a much better idea and things like what she bought were out of my comfort zone but she’d already got it and hopes it may be worth more in time. 

[Sliopjbsail]

8 hours ago, sixgun said:

i just saw you start a thread saying you have been lurking for some time - this coin is jaw dropping - your mum should have taken some advice. These people are scam artists. The only plus is the free postage.

Yup, it was all so quick she just told me one afternoon. We had been picking silver coins and stuff and talking everything through and then one day.......”look what I bought, son” 

[terakris]

One thing this and other "TV Advert" type places do is show a nice huge picture of the coin so you think (although not that size) its going to be a decent size. If you have never seen a 1/4 sov before it can be a bit of a shock when you receive it and its tiny.

[Oldun]

2 hours ago, Sliopjbsail said:

Yup, it was all so quick she just told me one afternoon. We had been picking silver coins and stuff and talking everything through and then one day.......”look what I bought, son” 

That is so nice. My mum is similar. At the end of the day, if any mum is happy, that, in itself, is worth more than anything

[Xander]

Damage limitation. Make a deal with your mother, no purchase of coins unless she first consults with you.

[Sliopjbsail]

4 minutes ago, Xander said:

Damage limitation. Make a deal with your mother, no purchase of coins unless she first consults with you.

She said she’s not going to buy any for a while now cos her first purchases were pretty decent so she’s having a break lol. 

[Coolsmp]

Better off with a 1/10th oz Britannia if you want tiny 🤣

[sixgun]

1/10 oz Britannia - that's a big weighty isn't it?

[Sliopjbsail]

1 hour ago, sixgun said:

1/10 oz Britannia - that's a big weighty isn't it?

What u got there? I got my first bit of gold today. It’s a 1/10oz brit. I have to say I’m not disappointed with it, I expected it to be teeny weeny tiny,  but luckily it’s just teeny tiny. 

[sixgun]

1 minute ago, Sliopjbsail said:

What u got there? I got my first bit of gold today. It’s a 1/10oz brit. I have to say I’m not disappointed with it, I expected it to be teeny weeny tiny,  but luckily it’s just teeny tiny. 

That a 1/20 ouncer

[Sliopjbsail]

Wow that is really tiny bit still very nice 

[Blockhead]

I have a 1/40 Britannia proof which I believe is the smallest gold coin in widespread production. It wasn't bought as investment - just as a nice curio; and it is nice but I wouldn't get any other years of the same size. 

[Britannia47]

Real coin collectors never deal with the London Mint Office! They are the worst of the marketing companies. My advice is don’t touch them with a barge pole.You will pay an excessive price for something so small...

[Blockhead]

21 hours ago, Sliopjbsail said:

What u got there? I got my first bit of gold today. It’s a 1/10oz brit. I have to say I’m not disappointed with it, I expected it to be teeny weeny tiny,  but luckily it’s just teeny tiny. 

That looks like the 1/40 I have.