Three graces coin

[Uksilverstackers]

11 minutes ago, MikeG1978 said:

I would buy that still for the right price 

Its Worth the purchase price 

Was thinking similar thing, as just about how it came about to be in my possession makes it worth it.

[MikeG1978]

Exactly I would keep raw save money as if returned and that messy wouldn't grade well but can easily make a bit on it if you sell 

[Frenchie]

34 minutes ago, Uksilverstackers said:

Well at least the Coin actually arrived....

However, its the Wintertime Snowflake version.

Unsurprisingly, it looks like it been returned previously and RM just put it back out again as was. Box is dated March.

Hard to determine what the “snow” is. It could be fluff or its looks more like plastic swarf, plus a couple of hairs in there too 😳.

The capsule is a twist lock and surprise surprise it wasnt locked on and the top just lifted off as I opened the box.

Not surprised, but really disappointed that RM just sent it back out again, which is pretty poor as no attempt at quality control (other than reduced price, also unstated why on web add) to rectify the original issue. Probably should’ve been rejected after being returned. 
 

It is a beautiful coin and having now seen it, would certainly wish to have one in proper condition.

 

 

 

If you got it at the RRP price, that's fine, even consider yourself very lucky to have spotted this one. Now, you can send it for conservation and grading and you could be nicely surprised...

Edited July 2, 2021 by Frenchie

[SilverJacks]

RM probably listed it knowing the secondary market value makes it a good buy for anyone, even with the blizzard.

You have some good options now. Conservation, keep raw, sell, ask RM for a restrike 😂😂😂

Either way, great news that you avoided the cancellation email, well done 👍

[Uksilverstackers]

Thank you all.

May consider conservation, just to try and get it debris free. Probably going to be some scratches under there somewhere and as MikeG said, it wouldnt grade well, but hey, its a Three Graces here and now 🤗

[MikeG1978]

 limited edition well sort after coin at the right price too 😉 

[richatthecroft]

2 hours ago, Uksilverstackers said:

Well at least the Coin actually arrived....

However, its the Wintertime Snowflake version.

Unsurprisingly, it looks like it been returned previously and RM just put it back out again as was. Box is dated March.

Hard to determine what the “snow” is. It could be fluff or its looks more like plastic swarf, plus a couple of hairs in there too 😳.

The capsule is a twist lock and surprise surprise it wasnt locked on and the top just lifted off as I opened the box.

Not surprised, but really disappointed that RM just sent it back out again, which is pretty poor as no attempt at quality control (other than reduced price, also unstated why on web add) to rectify the original issue. Probably should’ve been rejected after being returned. 
 

It is a beautiful coin and having now seen it, would certainly wish to have one in proper condition.

 

 

 

Bargain.  

Send it to NGC and have it conserved by NCS or find someone competent to conserve it here in the U.K. if you don’t want to grade it. 

Not sure if you took the photos through the capsule or of the coin without capsule but for me, all that is peppering that coin is crud and detritus- I see no major faults in the fields or on the frosted areas and the clue is the same crud covering all of the surface of the coin. 

If you’re having second thoughts, PM me and I’ll give you some profit on top of what you paid.

 

 

[Wampum]

20 hours ago, Uksilverstackers said:

Thank you all.

May consider conservation, just to try and get it debris free. Probably going to be some scratches under there somewhere and as MikeG said, it wouldnt grade well, but hey, its a Three Graces here and now 🤗

An absolute brilliant find, the debris won't make a difference to the grade, however the damage  that it has caused will,

most of that looks like plastic which has been grated off by the toothed edge, if there is any sharper tooth edges they peel off little bits of the coin capsule.

These then can scratch the surface if not removed from the capsule ,however posting it "as is" increases the risk of damage.

you could buy a camera bulb blower to remove the debris first, which however would risk more damage when removing the coin from the capsule (the frosted rims are easily marked by edge of a capsule),once detritus has been removed, send it for conservation which will sort any other issues to the surfaces, however not the marks.

The holder will keep it good until you want to sell,then  put it back into it's raw state when you sell or keep in the NGC Tomb. I have seen some PF70 with more damage than a PF69,

like this one 6057258-001 PF70, so you do have real good chance on a really good grade. 

This is by far one of the better finds I have seen anyone getting for awhile, so what ever you decide hope it works out  well for you. 

[SilverDrum]

I now have my Three Grace's back in hand after its travels around the world!! It took 119 days from sending to receiving 😅

Returned to me in a slab with a PF70 grade. It didn't even need conservation, and they've blown the fluff off! I am very happy with this result! A massive thanks to @ChrisSilver and @CoinsOfTheRealmAuctions for providing the grading free of charge! The Silver Forum logo looks great  Looking forward to enjoying this coin for a while now!

 

[CoinsOfTheRealmAuctions]

@SilverDrum it was a very long time to wait. What I have realised about submitting to NGC is that if you are lucky enough to catch the shipment (ie the one from the UK office to the US) just as it's about to leave you have a shorter time to wait, however if you are unlucky and submit when they are at the beginning of a shipment then you wait until that shipment goes from the UK. This can be 2-3 weeks. When coins are sent to us, we process and send off to the UK office within a few days of receiving. Though it really has no bearing to how long those items will take to be graded. Unfortunately I am not privy to the knowledge of when they are at the end of their shipment ie about to send off to the US. 

Now I am aware of this because when your coin was back from grading (yours was submitted on March 16th to them) the May submissions came back at the same time as the few March submissions. Hopefully this is making sense. lol

Anyway, I hope this helps people to understand that we in no way have control of when these are returned or how long they take.

I am glad you got a Top Pop! Grade anyway. At least it was worth the wait.

 

Best regards

 

Louise

 

[BiigT]

Hi all, I've scoured the pages, but can't seem to find the answer, but can anyone comment on their view of how the set might do in terms of value? The sets are limited to only 500 which makes me feel they are worth the investment, but you can buy ungraded for £1300 at the moment

Edited July 20, 2021 by BiigT

[FlorinCollector]

@BiigTI see you can still get it raw on BCC website for £1,300. They are trying to sell the set PCGS70 set for £1,950 down from original price of £2,250. I think this set was not helped with the fact that they pre graded 70's. I bought the set raw on release and graded with NGC all three returning as 70's. 

Future value my thinking: I only managed to get the silver 2oz version from the Royal Mint. Silver is too risky too hold long term on a premium coin like that. So I sold.  If I had of got the Royal Mint Gold release then I would not have got this set but I wanted a kind of affordable way to own this design.

Will it do well in the future I am not sure but if you do own it and decide to move it on the best time to strike and sell would probably be when the next coin in the series starts getting hyped up early next year. 

It is a low mintage but the market does not only care about mintage. I would say one of the main factors for releases is: Is it from the Royal Mint? If not the amount of buyers instantly drops off. 

[BiigT]

Thanks for your reply. I have only just started looking at collecting coins (as oppose to stacking) so I don't yet understand all of the variables that make a coin or set an attractive proposition from an investment perspective 

Edited July 20, 2021 by BiigT

[GoldDiggerDave]

I’ve seen the 3 graces top out  and drop considerably.  They have followed the 3 peaks.

1 the in launch frenzy 

2 they next week eBay peak

3 first graded coins back on the market 8-12 weeks later peak.
 

the 2oz gold hit the high of 36-38k when it was in peak 3, this has dropped to circa 19k and they are not selling.  Still not a problem if you bought for RRP.  A big problem if you bought for 25k in peak 2.  
 

I sold both the 2 and 5oz silvers “raw” both now graded PF70 are selling for less than I sold them. Cheapest 2oz silver PF70 have sold for 1k.

There’s is massive money to be made with these, however there is a flip side, I’ve seen dealers with numerous coins they they can not sell.  
 

Like @FlorinCollector I can not hold RM silver it’s a ticking time bomb, it’s not a case of “if” it’s a case of “when” you will have issues with the coin.  

It’s okay watching the headline sales figures just make sure you don’t get left holding the baby.  
 

D

 

 

[BiigT]

On 13/07/2021 at 08:07, GoldDiggerDave said:

I’ve seen the 3 graces top out  and drop considerably.  They have followed the 3 peaks.

1 the in launch frenzy 

2 they next week eBay peak

3 first graded coins back on the market 8-12 weeks later peak.
 

the 2oz gold hit the high of 36-38k when it was in peak 3, this has dropped to circa 19k and they are not selling.  Still not a problem if you bought for RRP.  A big problem if you bought for 25k in peak 2.  
 

I sold both the 2 and 5oz silvers “raw” both now graded PF70 are selling for less than I sold them. Cheapest 2oz silver PF70 have sold for 1k.

There’s is massive money to be made with these, however there is a flip side, I’ve seen dealers with numerous coins they they can not sell.  
 

Like @FlorinCollector I can not hold RM silver it’s a ticking time bomb, it’s not a case of “if” it’s a case of “when” you will have issues with the coin.  

It’s okay watching the headline sales figures just make sure you don’t get left holding the baby.  
 

D

 

 

Thanks Dave, pragmatic view as ever. 

 

In any event, it's a lovely design 

Edited July 20, 2021 by BiigT

[FlorinCollector]

@BiigTCorrect this set you are buying was released by Alderney mint. If you look at the Queen's portrait you will see it is different from the the Royal mint portrait of the Queen. 

[Coverte]

6 hours ago, GoldDiggerDave said:

I’ve seen the 3 graces top out  and drop considerably.  They have followed the 3 peaks.

1 the in launch frenzy 

2 they next week eBay peak

3 first graded coins back on the market 8-12 weeks later peak.
 

the 2oz gold hit the high of 36-38k when it was in peak 3, this has dropped to circa 19k and they are not selling.  Still not a problem if you bought for RRP.  A big problem if you bought for 25k in peak 2.  
 

I sold both the 2 and 5oz silvers “raw” both now graded PF70 are selling for less than I sold them. Cheapest 2oz silver PF70 have sold for 1k.

There’s is massive money to be made with these, however there is a flip side, I’ve seen dealers with numerous coins they they can not sell.  
 

Like @FlorinCollector I can not hold RM silver it’s a ticking time bomb, it’s not a case of “if” it’s a case of “when” you will have issues with the coin.  

It’s okay watching the headline sales figures just make sure you don’t get left holding the baby.  
 

D

 

 

A good summary, it will be very interesting how long the buzz will keep going with Queens Beasts.

Speaking of which, I assume the RM will bless us with a 10oz bullion completer before the curtain finallly comes down. 

[SilverJacks]

2 hours ago, Coverte said:

it will be very interesting how long the buzz will keep going with Queens Beasts.

Do you see QB value generally depreciating or doing well in the mid/long term?

[Coverte]

1 hour ago, SilverJacks said:

Do you see QB value generally depreciating or doing well in the mid/long term?

 

Assuming a 10oz completer comes along they should be in demand for several months and some may be a good long term investment, although personally stuck to bullion except for the completer; they will certainly be a hard act to follow so it will I suspect depend on the next hot thing coming out of RM, generally I avoid RM proofs, it's a hell of a job even getting your initial cost back for many/most.

[jultorsk]

Results TCC41

(Una 2oz silver holding the line nicely, too).

 

[SilverJacks]

6k for the Una?? - Has someone overpaid there?

I understand the greater appeal of the Una compared to Three Graces, slightly lower mintage, 1st coin in the series and the original has higher prestige, but is one of these coins over/undervalued with such a huge difference in price?

[SilverJacks]

I didn't take into account there's a lot less Una PF70s compared to Three Graces, but still, 6k?

[TringSilver]

59 minutes ago, jultorsk said:

Results TCC41

(Una 2oz silver holding the line nicely, too).

 

Thanks for keeping a running tab 👍

[AndrewSL76]

11 minutes ago, SilverJacks said:

I didn't take into account there's a lot less Una PF70s compared to Three Graces, but still, 6k?

£6k is a lot of money but it is still reasonable for the Una in a 70 grade. It was selling for £7k+ previously.

[zxtm99]

Newbie question here: what's the difference between TCC37 and TCC38 (except £1,700 that is )?