Royal Mint Silver Proof Coins

[DeanMills83]

I was given some coins the otherday from a family member, most silver proofs made by the royal mint, some with coa some without.

 

I wanted to know... If it's worth collecting Royal Mint silver proofs, Will it be worth it in the long run? is it worth me keeping these?

 

Here are some of the coins i was given...

 

Sorry about the poor camera quality lol

 

 

 

 

 

[Keithoil]

I have some of those coins or some very very similar in my silver stack.

 

I do not really see them as my core stack as I predominantly only buy mine from my local supplier and typically get them at spot or just over.

 

They are worth keeping because they are .925 silver and if they are for free then that will bring your average £/oz way down. As for buying anymore I would give it a miss unless you can get them for silly money.

 

Just buy the modern coins, I would have thought a Panda, Lunar coin etc would fair better a few years down the line.

 

One of them states I think  "Queen Elizabeth the Queen Mother Her parents home St Paul's Walden Bury". I paid £10 for it and it is a proof coin.

 

It is too difficult to make the others out.

 

Hope this helps.

 

And don't forget this is only my opinion.

[DeanMills83]

thanks mate nice info... i was sort of thinking that tbh

[SilverPirate]

It is all ounces at the end of the day,If they do not light your candle just hoard them away in the stack and forget about them till it's time for your exit plan.

[HighlandTiger]

There are very few collectors of these coins today, so don't expect them to be worth too much over spot. You can buy them all regularly on Ebay for around the £15-£18 mark

[Danny-boy]

There are very few collectors of these coins today, so don't expect them to be worth too much over spot. You can buy them all regularly on Ebay for around the £15-£18 mark

Seconded.

There are a few that I bought recently, but only for nostalgic reasons.

Even low mintage sets don't do very well in general.

[motorbikez]

I'd agree with all the above,but if you like them or have an interest in royalty themed silver proofs they are a bargain at not much over spot.

[HighlandTiger]

Seconded.

There are a few that I bought recently, but only for nostalgic reasons.

Even low mintage sets don't do very well in general.

 

Most of these types of coins are about 20-30 years old, and no doubt would have been highly collectable when they were released. Today, no one collects them and you never make any big money on them. But, it makes me wonder about todays "must have" coins, such as pandas and lunars etc. Will these coins go the same way in the future, Will prices drop big time, as collectors in the future ignore them in order to buy the "must haves" of 2040

 

I have this gut feeling that keeping hold of todays high premium coins for a long time may not be a wise financial move, and maybe flipping them after 5-10 years might give you the highest return on your original outlay.

[Danny-boy]

Only time will tell....

[Hookythestacker]

In your position I would sell and put the proceeds to a nice piece of silver I really wanted, assuming no sentimental value is held by the coins.

 

Just had a look at them online and there's certainly no shortage of em! They seem to have gone the way of the Hummel figurine, I'd still sell them though and put the cash to a piece of bullion with a higher premium than I'd normally pay.

[Keithoil]

You will make money on them when silver is £89.56/oz.

[Danny-boy]

You will make money on them when silver is £89.56/oz.

He only has a couple of years to wait then [emoji4]

[DeanMills83]

Thanks guys!

[StackemHigh]

That Churchill crown is a base metal (Cupro-nickel) coin worth about 75p-£1. Over 9 million produced to mark the death of Churchill.

 

A very low relief on this and not very well made IMO.

 

Wish it was a better coin i've got loads

[HelpingHands]

Did they do a plated version for the horse?

 

Ebayers may need to be careful with these in case they think they are getting a bargain should someone stick one up for £600 loose.

 

http://www.royalmint.com/shop/Lunar_Year_of_the_Sheep_2015_UK_Gold_Plated_One_Ounce_Proof_Coin

[HighlandTiger]

Did they do a plated version for the horse?

 

Ebayers may need to be careful with these in case they think they are getting a bargain should someone stick one up for £600 loose.

 

http://www.royalmint.com/shop/Lunar_Year_of_the_Sheep_2015_UK_Gold_Plated_One_Ounce_Proof_Coin

 

Come on, get into the ebay spirit. This is not a gold plated coin, It is a ...................................

 

"RARE, RARE, RARE, UK Lunar Year of the Sheep, 1 ounce Solid Gold layered  Proof Coin, with box and certificate, RARER than Kew Gardens 50p. RARE RARE RARE"