Has the bottom fallen out of the ROYAL MINTS beasts already!!!

[StackemHigh]

A look at the queens beasts might be a eye opener for some!

[motorbikez]

1 hour ago, StackemHigh said:

A look at the queens beasts might be a eye opener for some!

Give us a clue.

[GrahamDiamond]

No Why ????

[AndrewSL76]

I’m guessing they looked at their silver this morning and noted the milk spots…….

[GoldDiggerDave]

What about my 10 coin reverse frosted gold proof set? 

[AndrewSL76]

6 minutes ago, GoldDiggerDave said:

What about my 10 coin reverse frosted gold proof set? 

Turns out they are chocolate coins.

[Pete]

5 hours ago, StackemHigh said:

A look at the queens beasts might be a eye opener for some!

Could you shed some light on this please before we all head to the cliffs like Lemmings.

[Gordy]

bit of a random post with no explanation...

[GoldDiggerDave]

Fire sale all your QB now!……..😂😂😂😂

[DarkChameleon]

7 minutes ago, GoldDiggerDave said:

Fire sale all your QB now!……..😂😂😂😂

Already did, sold them for $1400.

[motorbikez]

I've had a cursory look at ebay UK & a few of the standard 1oz silver proofs have made below issue price they are the usual suspects Bull, Greyhound & white horse & white lion. Rarer 2oz bullion are making strong sales & money ditto 1oz proofs although not at the highs of 3 - 6 months ago where some standard 1oz silver proofs were making triple plus issue price.

Could be a few cheapies because of Christmas but I see no obvious downturn, PF70 s in the 1oz proofs are still making very good to insane money for certain coins. Re 2oz graded & raw all are making good money apart from Greyhound & white Lion, those are my cursory observations

[motorbikez]

18 minutes ago, GoldDiggerDave said:

Fire sale all your QB now!……..😂😂😂😂

I don't think so pal.

[GoldDiggerDave]

5 minutes ago, motorbikez said:

I don't think so pal.

Just having a laugh.......Mine are going nowhere fast! 

[Pete]

I think with many silver proof coins there is always a risk of price collapse once the hype of owning dies down.
It will be interesting to compare prices in a couple of years time for the Una & Lion etc that commanded astronomic prices.
Same applies to the Britannia / Horse Mule which was selling for many hundreds of pounds, even a thousand pounds or more early on, but can be purchased for £40 today.
Sucks since I found I had a full tube in my stack.

 

[blackadder]

I think he means the new tudor beasts maybe 🤷‍♂️

[TeaTime]

Royal mint proof coins always depreciate after the initial hype and flipping fades. Prices then stabilise after a couple of years - and i can see very little logic in where the prices end up. Often beautiful and low mintage coins end up being sold for next to nothing (i.e Britannia 2001/03/05 proof sets), and coins with higher mintages & poorer designs commanding higher prices.

I think all the Queens Beasts coins will show a healthy return at re-sale simply because they are well designed and original - but the reality is that there must be an interest from the general public (non- collectors) for this to happen - there simply aren't enough collectors in the UK to sustain high prices (see Britannia proof set mintage figures as an example of just how few genuine collectors there are). 

The trouble is that sustaining the general public's interest in coins is notoriously difficult to do. The hype train moves quickly...

As for the bullion coins, i believe they will always carry a premium over issue price. Hopefully enough of a premium to offset inflation in the long-term.

These are my Sunday thoughts and are liable to change by Monday 😁

[Spanishsilver]

I think I’ll keep mine 🤩