3oz Queens PLATINUM Jubilee Coin. limit 52.

[Silverman2U]

What do people think this is worth? 
I have an option to buy.
 

Can’t find them anywhere. Not sure. Gold is easily to liquidate, platinum not so sure. 

[richatthecroft]

@Silverman2U I have limited previous knowledge of Platinum, except for buying and flipping Bu 1oz Platinum Britannia coins and a couple of 1/4oz Britannia Proofs I picked up reasonably in a Royal Mint sale- for around half RRP.

The 1oz was just a spot play, the 1/4’s didn’t set the world alight- but made a profit- but I didn’t get anywhere near the RRP. 

@Jaconet & @cliveb13 & @kneehow2018 will have insights into Platinum.

The Platinum Jubilee issues  appear to be extremely popular and this has a minute mintage, but the amount of people interested in Platinum, as opposed to Gold will be minute too.

Im certainly not comparing eggs with eggs here- but this 3oz Platinum coin sold at the Coin Cabinet, looks like a spot play.

Personally, I would be wary- but it looks like a wonderful Puedfort 👍 

Edited January 19, 2022 by richatthecroft

[Jaconet]

We (UK) aren’t a great place to sell these coins. I dare say if platinum prices move up these coins will be appreciated more for low mintage size and if they are graded 70 they’re a sight to behold.

the attached images are a sale at heritage on pf70 version of the coin rather than the Uk sale of pf69@richatthecroft posted. The selling price includes 20% bp but it’s over £6k. The other screenshots are from great collections where better prices can be achieved especially for attractive pf70 with low mintages

pm me if you have any follow ups

i have one of the 52

[Silverman2U]

Yes. Nice! Thanks for feedback. 
:) 

[Silverman2U]

Just now, Silverman2U said:

Yes. Nice! Thanks for feedback. 

Seeing the 1oz prices prices up around £3-3.6k range on eBay. 

[Jaconet]

Imho

this £5 platinum piefort is a step above the ones which preceded it. Fabulous William iv design but also with special reverse, I’d be disappointed if it wasn’t setting highest prices in pf70

[cliveb13]

Thanks @richatthecroft & @Silverman2U

i do have a platinum collection, and lovely, but it is not easily convertible to cash as there are very few buyers of Pt coins & bars. 
@Jaconetis also a Pt follower I know

i am a collector, not a trader, & my interest stems from the intrinsic metals & elements & the rarity & purity. 
I seriously doubt any of my Pt purchases can make £ except maybe the 2017 Krugerrand. But I am not selling so a loss, if it was so, is only theoretical. I also collect gold, special sovereigns & Palladium, almost of which show a theoretical gain, but academic really. 
Some have made ££ with Pt, but I doubt most have. 
my last 3oz Pt purchase was £2600 & that is a proof that someone paid a lot more for in the past. 
buy it cos you like the design. Buy it cos you love the metal. Don’t expect an easy flip I think but I am not an expert 

good luck, and interested to here the experiences of others. 
Now rhodium …. 
clive 

[cliveb13]

17 minutes ago, Silverman2U said:

Seeing the 1oz prices prices up around £3-3.6k range on eBay. 

There is a Pt Krugerrand on eBay for £4.2k 

 

I bought one four months & I didn’t pay anywhere near that. What is wanted & what is paid in Pt can be a big gap 

very nice piece you are interested in though 

[Silverman2U]

The question to though is how many there are in the world. Queen has only one 70th Jubilee, only Queen in the history of U.K. and probably most of the worlds royal families to get this far… and there are only 52.  

[Silverman2U]

Get it grade to 70. Hmmm 🤔 

Could be interesting. Also takes up less space than the 1kg I was offered (albeit 1/2 price). Another option is take the 2oz gold, though not the same as the platinum for a platinum jubilee is it? 

[kneehow2018]

Thank you for the mention @richatthecroft - I particularly like the material and its potential as an industrial, however, I have no idea as to the market value of proofs. Last September I failed to achieve a little over £2k for an 'unboxed' PF69 Krug.

[Silverman2U]

1 hour ago, Jaconet said:

Imho

this £5 platinum piefort is a step above the ones which preceded it. Fabulous William iv design but also with special reverse, I’d be disappointed if it wasn’t setting highest prices in pf70

Yes I agree.

 

Just now, Silverman2U said:

Yes I agree too. 

 

[cliveb13]

2 hours ago, kneehow2018 said:

Thank you for the mention @richatthecroft - I particularly like the material and its potential as an industrial, however, I have no idea as to the market value of proofs. Last September I failed to achieve a little over £2k for an 'unboxed' PF69 Krug.

Kneehow, I was interested in that but wanted the box for display & bought an ungraded one for just a bit less. I was, and remain, happy with that but I am sure yours is very nice indeed. 

[kneehow2018]

12 hours ago, cliveb13 said:

Kneehow, I was interested in that but wanted the box for display & bought an ungraded one for just a bit less. I was, and remain, happy with that but I am sure yours is very nice indeed. 

Good to hear @cliveb13..my comment was merely to reveal personal lack of knowledge regarding the proofs/ graded coins, and certainly not addressed to anyone I had privately discussed my potential sale with. Pleased to hear that prices are on the up! Good luck with the collection. 

 

Edited January 20, 2022 by kneehow2018

[Silverman2U]

Hmmm. So got that 3oz platinum coin. Surprised it’s 3oz, feels smaller. Though it’s a lump for sure still!  

However given a list price of £5.3k I think it has a very light hairline scratch (located at 3 o’clock just inside the rim, about 4-5mm in length, next to “JB” initials which can only be seen at certain angles though. Back to the mint it will probably go. 😕 

Thoughts? 
 

Whilst there is only 52 I have noted that the mint does actually remind coins, wounder if that would do that on platinum.

Just got my 10x 2oz QB limited edition set back 4 months later after apparently re-minting apparently. 
 

 

 

 

Edited January 20, 2022 by Silverman2U

[richatthecroft]

That’s  a beautiful coin- Looks like it’s a couple of hundred years old in the photos in that lighting.

A tiny flaw- nothing’s perfect in this world- if you like it- keep it 👍 

[ArgentSmith]

2 hours ago, Silverman2U said:

Hmmm. So got that 3oz platinum coin. Surprised it’s 3oz, feels smaller. Though it’s a lump for sure still!  

However given a list price of £5.3k I think it has a very light hairline scratch (located at 3 o’clock just inside the rim, about 4-5mm in length, next to “JB” initials which can only be seen at certain angles though. Back to the mint it will probably go. 😕 

Thoughts? 
 

Whilst there is only 52 I have noted that the mint does actually remind coins, wounder if that would do that on platinum.

Just got my 10x 2oz QB limited edition set back 4 months later after apparently re-minting apparently. 
 

 

 

 

Are you sure it's 3oz not 2oz?

[westminstrel]

@ArgentSmith The weight specified on the RM website is 94.2 g so it would seem this is a 3 oz coin. 

[Stuntman]

That platinum jubilee coin is a beautiful coin.  However, it's one that probably has a very limited collector market.

I love it.  But it's very pricey and there are a lot of things I would spend >£5k on before even considering one of these.

Personally I would buy this for the pleasure of ownership, rather than with a view to a future profit.

I have 6 oz of physical platinum bullion coins and don't really have any expectations of selling them for a profit.  

[westminstrel]

I agree it looks stunning - but £5 k is a huge investment (for me anyway).

If I could afford this, I’d have bought one for keeping.  It’s looks lovely and is very unique.

Congrats on acquiring one. 🙂

[Knight]

Received the platinum piedfort proof coin earlier this week.

When I was told I got the COA #25, I did not consider this number any special and even told the dealer I wish the number could be something like #1 or #52. Then a day later I started to remember in 19"52" The Queen ascended to the throne at age 25, and now I cherish this COA number a lot more.