UK first £100 for £100 silver coin... Big Ben 2015 (seriously?)

[Kman]

I wish I had a business that was this risk free.

 

Basically a license to print money isn't it since they can put whatever denomination they like

 

Will be a £200 coin next   

[Murph]

I can't believe they sold out so quickly. if it had been of proof quality I might have been tempted but it looks like they are going to make numerous versions of these coins now. They even offer you the chance of registering your interest in the next coin!

I imagine there will be another out in a few mounths.

[K_theepan]

I can't believe they sold out so quickly. if it had been of proof quality I might have been tempted but it looks like they are going to make numerous versions of these coins now. They even offer you the chance of registering your interest in the next coin!

I imagine there will be another out in a few mounths.

I just ordered Murph because i couldn't really lose nothing cause of Face value 

[Keithoil]

Some are up to £142 on the bay already.

 

http://www.ebay.co.uk/itm/Big-Ben-2015-UK-100-Fine-Silver-Coin-Royal-Mint-Limited-Edition-of-50-000-/271733678507?pt=UK_Coins_BritishComm_RL&hash=item3f4496e1ab

[motorbikez]

Keith the average sold price is around £160 for these now, a few have made insane money I saw one sold for £500

[Hookythestacker]

Starting price of £100- £120 seems to be attracting a few bids on ebay, anything higher not getting much attention. With such a small amount of silver involved and fiat being what it is I think I'll give them a miss, of course the value to collectors in the long term is not to be under estimated.

[HighlandTiger]

Sell for £160,

 

Ebay fees = £16,

Paypal fees about £6.40,

Special Delivery Postage about £7.00

 

Profit about £30. Not a bad flip for those who took the risk

[Murph]

Others sold for not much more than the £100 plus postage on ebay so there is a chance you could end up out of pocket.

[Hookythestacker]

 A few buy it now's on for around the £170-£178 + P&P mark will depress auction prices, one auction currently at £175, surprisingly the buy it now's are probably a little under priced, if I had one I think I'd stick it on for £199 buy it now + P&P,then resort to auction if it didn't sell, a 99p start always get's the pulse going a bit.

[MickB]

Just like buying Post office shares when they were released, great feeling if you had some at the time but a little while later...

[Keithoil]

I have ordered two one for me and one for my son, we are both keeping them.

[Lindeman]

After I read you guys saying they were sold out I went on eBay to find open auctions where you could make an offer. With tongue firmly in cheek I put in a straight offer - £100. Oddly enough it was declined!! "How very dare you..!" Well - was worth a try, as I refuse to pay more than £100! I think it was Danny that said earlier - in a nice box, maybe.

[garthy]

Others sold for not much more than the £100 plus postage on ebay so there is a chance you could end up out of pocket.

 

Looks like any that sold before the mint run out sold for less, since the mint sold out they've gone for between £155 and £175, I think these coins have crossed over to the general public as well us the likes of us, should be interesting to see what happens in the long run.

[motorbikez]

I have ordered two one for me and one for my son, we are both keeping them.

 

 

Snap.I said to my son" It will be mid Feb before your coin comes",his response "can I have yours Dad". Erm NO

[Hookythestacker]

One seller has shifted five over the last three days priced £169.97 each free p&p, still has another four to sell (ebay), must be keeping the other one for themselves assuming a round number bought. Pretty savvy move, he's had a look at the going rate and got the balance right between quick profit and quick sale, once the fast turnaround sellers are finished we might see auction prices climb a little.

[Keithoil]

I had intended to buy two more to flip but then I saw the post that they had sold out.

 

This one is now up to £155.

 

http://www.ebay.co.uk/itm/271733678507?_trksid=p2055119.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT

[Kman]

I'm really shocked there are 50,000 people who wanted these 

 

Who are they appealing to? 

[Keithoil]

Don't really know.

 

It is comforting to know you can flip it and make a decent profit into the bargain.

[K_theepan]

I'm really shocked there are 50,000 people who wanted these 

 

Who are they appealing to?

Kman I bought one of this not because I like the design of it. I didn't see any risk because of face value .

In my eyes it's like if I go to some one with 2 £ 10 and swap it for one £20 note.

If it goes on price up it is a gain at least it will not go under £100

[Hookythestacker]

One currently in auction (ebay) at £175.01 + £4.99 p&p, the one immediately above on my screen is priced buy it now £169.97 free p&p?

The next time the voice of my inner stacker pipes up saying "it's only 2oz of silver" I'm going to ignore him.

 

Above auction finished at £185.95 + £4.99 p&p, be really interested to see what the price settles at in the future.

[craig12]

on e bay someone has 6 for sale on buy it now £1650    please.....shouldnt be allowed   isnt that around £140 per oz 

[craig12]

oh just had a double check some are selling 1 only for £500          rip off b........s   feel free to fill in the blanks

[morezone]

An item is only worth what someone is WILLING to pay for it.  No one is force to buy it and it is a non-essential item.

[Guest]

Royal mint telephoned me yesterday to tell me that they had some cancellations and I could now go ahead with my order of two coins for mid February delivery. I was number three on the reserve list.

Sent from my iPhone using Tapatalk

[Murph]

How did you get put on a reserve list? When I phoned, after receiving an email saying 80% were sold, I was just told they were sold out and there was no chance of getting one in future.