2018 Canadian sovereigns!

[Ryland]

I wanted to see if any of you had heard of this.  I just got the email this morning and placed an order for one of each!

 

[Shinus73]

Gold plated silver? I'll pass.

[Ryland]

7 minutes ago, Shinus73 said:

Gold plated silver? I'll pass.

One is gold plated and silver and the other is 9.999 gold, both one ounce 

[Seasider]

I wonder why they didn't make them sovereign sized?

[Ryland]

27 minutes ago, Seasider said:

I wonder why they didn't make them sovereign sized?

 

28 minutes ago, Seasider said:

I wonder why they didn't make them sovereign sized?

I agree they should’ve made them the same size as the sovereign, but then again even the Royal Mint has been tempted into making different sizes lately

[SovTracker]

These are not "Sovereign's" IMHO. Unfortunately the Mint couldn't get the sole rights to using the name exclusively.

These look more like commemorative coins and the fact that HM Queen Elizabeth's head does not feature is a big giveaway.

[xthomasx]

To me, this looks sacrilegious.

I would have enjoyed (and definitely ordered) a one-year jubilee issue in sovereign size and alloy, with QEII of course, and the C mintmark. Just like the new Indian sovereign.

[westminstrel]

Ugh! Tacky  

I’ll admit I got excited when I saw your subject line. But, to me, these so-called Sovereigns by various issuers seem like desperate attempts to take advantage of an established name/brand.

[Ryland]

Don’t say that guys!!!!  I’m buying them and I don’t want to think I’m wasting money!!

[Ryland]

2 minutes ago, westminstrel said:

Ugh! Tacky  

I’ll admit I got excited when I saw your subject line. But, to me, these so-called Sovereigns by various issuers seem like desperate attempts to take advantage of an established name/brand.

I see your point but with double thick sovereigns that the mint has put out it’s not like there is anything sacred when it comes to size.  It’s a sovereign, the only thing different is the size 

[westminstrel]

Just now, Ryland said:

Don’t say that guys!!!!  I’m buying them and I don’t want to think I’m wasting money!!

Sorry. I didn’t mean to come across as harshly as I did.

If you like these coins then go for it. At the end of the day this is subjective hobby. But usually people also think of resale value, even if the resale is meant to happen a generation down the line. I personally, and honestly, don’t see these “Sovereigns” as being valuable beyond their spot price. But I’m not as knowledgeable as others here, so you can take my words with a pinch of salt    

[westminstrel]

24 minutes ago, Ryland said:

I see your point but with double thick sovereigns that the mint has put out it’s not like there is anything sacred when it comes to size.  It’s a sovereign, the only thing different is the size 

My yardstick is whether the design matches the UK Sovereign (barring the mintmark of course) and if the coins undergo the annual Trial of the Pyx.

For this reason I don’t even consider the new Australian Sovereigns as valid issues because they have “25 Dollars” written on them and don’t undergo the Trial.

Just my personal opinion though. I know people who collect the Aussie Sovs, which are actually very beautifully struck, and seem to hold their collector value.

[Ryland]

I’m hoping the low mintage of only 500 saves me 

[sovereignsteve]

It's a sovereign Jim, but not as we know it.

However, IMO, in no way, shape or form is this a sovereign!

It looks like those cheap, plated copies you see on feebay.

[Kman]

Obverse is so bad

Like others have said, would have been cool if they got a license from the Royal Mint like Pamp have and made some actual C sovereigns 

[Ryland]

Here’s a little better picture,the others are just screenshots 

[Ryland]

You guys have me worried, maybe I should cancel my order?

[sovereignsteve]

15 minutes ago, Ryland said:

You guys have me worried, maybe I should cancel my order?

It depends why you have bought them. If you like them and you identify with the anniversary, then fine.

However, if you think they will appreciate in value, I suspect you are mistaken. I say that without any knowledge of the Canadian commemorative coin scene, so I may be totally wrong.

[Ryland]

I was hopeing they would be seen in the same category as the India sovereigns and thought if there’s only 500 it might be a good thing to have but seeing that people on this forum who are sovereign crazy don’t seem very excited makes me hesitant.

[Ryland]

It is cool that it’s a remake of the first gold coin made by the Royal Canadian Mint 

[westminstrel]

The premium seems too high imo for such a risk. I’m assuming that image is of the 1oz version, in which case the premium is about 50%? 

Edit: Yes it is the 1oz gold. It would be crazy if it were the gold plated silver ☺️

[Ryland]

Correct 

[TheGoldSovereign]

Nothing good to say, just echoing what everyone else is, and that is it's not a sovereign.

[Ryland]

I haven’t canceled my order yet, not sure if I should wait till I get it to see if I like it or just cancel now 

[Ryland]

So specifically you guys don’t like the size and don’t like that it’s not the queen on it?