2020 Alderney Three Graces Silver Proof 2oz

[Gypsy]

Cc auction price already £650. 

[Paul]

Just now, Gypsy said:

Cc auction price already £650. 

is the buyers from here today !!! i bet 

[diesel]

I hope Royal Mint deliver on this, I don't get the same shortness of breath, or rush of blood to my private parts as I did the UNA, both RM or Alderney.

Granted, it is a thing of beauty but it doesn't have that "IT" factor IMO.

Id happily pay £499 but £999? Not a chance.

[Oldun]

I would be surprised if any of these intially released coins go for more than £999 right now as the remaining 900 are going to be released at £999 eventually. So, for now, there would appear to be a ceiling on the price. The real test will. be after that. Quite an interesting strategy by BCC. 

Edited January 22, 2021 by Oldun

[Paul]

1 minute ago, diesel said:

I hope Royal Mint deliver on this, I don't get the same shortness of breath, or rush of blood to my private parts as I did the UNA, both RM or Alderney.

Granted, it is a thing of beauty but it doesn't have that "IT" factor IMO.

Id happily pay £499 but £999? Not a chance.

the market wasn't WOWed at all really by Una in 2019, available for a few days 

not an instant sell out.

the lack of them coming to the market is where the value started raising 

the big boost only came when that graded one went daft in USA auction for $10,000+ and then repeated 

[Paul]

1 minute ago, Oldun said:

I would be surprised if any of these intially released coins go for more than £999 right now as the remaining 900 are going to be released at £999 eventually. So, for now, there would appear to be a ceiling on the price. The real test will. be after that. Quite an interesting strategy bt BCC. 

the value of the Alderney will see-saw so much on the aftersales and speed of sell out of the Royal Mint issue

This will always be the "ugly sister"

[Oldun]

For sure, but at the same time, they are 70s and Alderneys do ok from past records and The RM are not reliable at producing 70s, so they should do alright in the main. Of course the RM ones are the top of the tree in terms of desirability.

Edited January 22, 2021 by Oldun

[Paul]

Just now, Oldun said:

For sure, but at the same time, they are 70s and The RM are not reliable at producing 70s, so they should do alright in the main. Of course the RM ones are the top of the tree in terms of desirability.

absolutely !

its going to be an interesting year ahead for sure, viewing and tracking these

 

[Altitudes]

I honestly think them all being 70's is a bit of a downside. A perfect grade like that needs lesser grades in comparison to carry a premium.

Didn't the Alderney Una and the Lion do fairly well though? Obviously not as crazy as the RM but still went for multiples over sale price?

[Oldun]

Once the RM Graces mintages and graded coins start to hit the secondary market, all will become clear. I do wonder if BCC already know the RM mintages and have judged the market well. Who knows. And holding back the majority of the remaining coins until after the RM release ? Or dribbling them out ? Who knows ? Fascinating new strategy regarding what they may or may not do, timing around the RM release date  and price. Personally, I have never seen this sort of thing before.

Edited January 22, 2021 by Oldun

[Oldun]

9 minutes ago, Altitudes said:

I honestly think them all being 70's is a bit of a downside. A perfect grade like that needs lesser grades in comparison to carry a premium.

Didn't the Alderney Una and the Lion do fairly well though? Obviously not as crazy as the RM but still went for multiples over sale price?

At the end of the day, there are only 1,000 of these coins in total. That is a small mintage any way you look at it with a huge collector base for this design. And £499 for a PF70 may not be too much. The real test will be seen much later down the road as Paul suggested.

Edited January 22, 2021 by Oldun

[Paul]

1 minute ago, Oldun said:

Once the RM Graces mintages and graded coins start to hot the secondary market, all will be come clear. I do wonder if BCC already know the RM mintages and have judged the market well. Who knows. And holding back the majority of the remaining coins until after the RM release ? Or dribbling them out ? Who knows ? Fascinating new strategy regarding what they may or may not do, timing around the RM release date  and price. Personally, I have never seen this sort of thing before.

given the dispatch date is from NON 1st feb 

one can maybe prersume the RM release will be either this Monday coming or 1st Feb 

1st Feb most likely - 1st day, start of month ? big launch? hype up? cant recall anything else BIG due from Royal Mint soon ??

[Kman]

9 minutes ago, Altitudes said:

I honestly think them all being 70's is a bit of a downside. A perfect grade like that needs lesser grades in comparison to carry a premium.

Didn't the Alderney Una and the Lion do fairly well though? Obviously not as crazy as the RM but still went for multiples over sale price?

I always thought it was people mistakenly thinking they were getting the real deal rm version 🙈

[Altitudes]

1 minute ago, Paul said:

given the dispatch date is from NON 1st feb 

one can maybe prersume the RM release will be either this Monday coming or 1st Feb 

1st Feb most likely - 1st day, start of month ? big launch? hype up? cant recall anything else BIG due from Royal Mint soon ??

Speaking of which, I've never ordered directly from the Royal Mint before. Is the site expected to crash like the US Mint site always does?

Think I've heard they use a queue system but not quite sure how that will work.

[Paul]

1 minute ago, Oldun said:

At the end of the day, there are only 1,000 of these coins in total. IThat is a small mintage any way you look at it with a huge collector base for this design.

also offering x2 to folk/per household - if everyone bought x2

that's only really x500 transactions, available 

how many of these x500 are just planning to sit on it ???

i will be, for the foreseeable future at least a year plus most likely 

[Oldun]

It would also seem that the RM coins may all be raw as there is no information up on the NGC website regarding graded coins (unless the RM has some fiendish secret agreement with NGC not to show any pre graded figures until release day). Oooooh the intrigue. I can’t keep up with it all !

[Paul]

Just now, Altitudes said:

Speaking of which, I've never ordered directly from the Royal Mint before. Is the site expected to crash like the US Mint site always does?

Think I've heard they use a queue system but not quite sure how that will work.

you will needs an account set up prior or you'll miss out for sure, RM have a queue system for launch days when site traffic is huge  

[Oldun]

1 minute ago, Altitudes said:

Speaking of which, I've never ordered directly from the Royal Mint before. Is the site expected to crash like the US Mint site always does?

Think I've heard they use a queue system but not quite sure how that will work.

You get put in an online queue...it will run into the many thousands ! It will be nutso from past popular releases.

[Altitudes]

Just now, Paul said:

you will needs an account set up prior or you'll miss out for sure, RM have a queue system for launch days when site traffic is huge  

Do you know if the queue is randomized or more of a first come first serve system? Thanks for the info, btw.

[Oldun]

5 minutes ago, Paul said:

also offering x2 to folk/per household - if everyone bought x2

that's only really x500 transactions, available 

how many of these x500 are just planning to sit on it ???

i will be, for the foreseeable future at least a year plus most likely 

Good points. Indeed. Many will just tuck these coins away. Alderneys will take its usual backseat and quietly disappear from the limelight for a year or so as the RM frenzy takes hold. And when you also factor in how successful RM buyers will also do the same, you may not see these coins in the open for a very long time.

Edited January 22, 2021 by Oldun

[Paul]

would like to think it is first come first served but cant be certain.

RM take the entire site offline totally before launch.

then the queue system happens  

[Altitudes]

2 minutes ago, Oldun said:

You get put in an online queue...it will run into the many thousands ! It will be nutso from past popular releases.

Ah, sounds like fun, haha. Have mixed feelings about the queue type systems, been through it with some other releases.

[Oldun]

This one is going to be an epic one. This has genuine worldwide interest for very few coins, assuming the RM haven’t ramped the mintage up and nobody will know until they appear online, whenever that is.

[Paul]

3 minutes ago, Oldun said:

Good points. Indeed. Many will just tuck these coins away. Alderneys will take its usual backseat and quietly disappear from the limelight for a year or so as the RM frenzy takes hold. And when you also factor in how successful RM buyers will also do the same, you may not see these coins in the open for a very long time.

for me ive got nothing to lose, love a gamble/punt, happy with thrill of chase, dot the i's and cross the 't's on this and unlikely to see too much of a downside personally, ive enjoyed so much the past 2 years with Una & following everything about it. one needs to look for new hobbys in these post-COVID times ! 

if i dont make a penny so be it, ive tried 

fortune always favours the brave, will never make a profit if you never take a risk 

[Oldun]

Yep, happy to have a little flutter too. I dont own a car as I dont need one, so for me, it is fun to play with a little excess and add to the numismatic side of life.

Edited January 22, 2021 by Oldun