First Charles III portrait coins

[Mtaybar]

Just now, BiigT said:

After last time I'm dubious to use the tab refresh - if I remember rightly, does the page auto update or did it require a manual refresh?

It auto updates .... No point to keep refreshing for half an hour before it opens bud

[Scootermuppet]

1 minute ago, Mtaybar said:

Are they seriously unlimited though?

🤔 sounds like they will just keep minting until all backorders are filled... then stop? But who can fathom the minds of the folks at RM? 🤷‍♂️

[Paul]

They could learn a few things from Rolex. If unlimited in supply, demand and after market prices will adjust accordingly if everyone can get it. I'm investor first, stacker second, collector third. 

[Zhorro]

[Rains]

Anyone got a link  to the page 

[GoldDiggerDave]

Woo theres a NFT 50p for all those who want to buy one and never sell

[Essendie]

seriously?

Who buys NFTs instead of real coins?

[SilverPlatinum]

Morning.....😴

 

Will this auto-refresh by-itself? Or I have to reload the page at 9:00AM UK time?

[Alz111]

Just now, SilverPlatinum said:

Morning.....😴

 

Will this auto-refresh by-itself? Or I have to reload the page at 9:00AM UK time?

Will auto refresh 

[GoldDiggerDave]

WTF?

Whats the point of a queue?  

[SidS]

22 minutes ago, Scootermuppet said:

🤔 sounds like they will just keep minting until all backorders are filled... then stop? But who can fathom the minds of the folks at RM? 🤷‍♂️

If it's anything like the 1970 proof sets, they kept minting them years afterwards - until 1974 I believe.

Edit: Royal Mint report actual reports a few sets in 1975-76 time frame as well.

Edited October 3, 2022 by SidS

[GoldDiggerDave]

Might as well go back to watching house of dragons 

[Scootermuppet]

1 minute ago, GoldDiggerDave said:

WTF?

 

Just now, SidS said:

If it's anything like the 1970 proof sets, they kept minting them years afterwards - until 1974 I believe.

Looks like they'll stop on December 31st... 🤦‍♂️

[AR03]

2 minutes ago, GoldDiggerDave said:

WTF?

so basically the coins are unlimited mintage...not a great news for collectors

[Petra]

Well the 50p coin must be about the most collected coin anywhere in all forms? So why not pump them out?

[Paul]

2 minutes ago, GoldDiggerDave said:

WTF?

Whats the point of a queue?  

Welll that makes it an easy decision for me. I'm oot 

[Timberwolf]

2 minutes ago, GoldDiggerDave said:

WTF?

Whats the point of a queue?  

Expect this for the 2023 Sovereign also

I think RM believe they can make more money overall by having unlimited mintages on proof coins. I suspect this will net them more profit overall for a time, perhaps a few years, until collectors/flippers realize that the resale value of these unlimited coins plummet over time.

[apachebleu]

3 minutes ago, GoldDiggerDave said:

WTF?

 Don't worry too much they will still at least charge like they are a limited edition!

 Seeing as qc is gash on limited runs should be fun to see what an unlimited run of proofs look like

[Zhorro]

2 minutes ago, AR03 said:

so basically the coins are unlimited mintage...not a great news for collectors

Surely it's great news for collectors, but it is bad news for flippers.

[AR03]

They will probably start minting them after 31st Dec once they know how many people have ordered. 

As of now, the coins are not yet produced, hence the reason you can't go to the Experience shop directly and collect.

[westminstrel]

Whether we like the new mintage system or not, it’s a smart move by the RM.

They’ve basically undercut the flippers by doing this - at least for a reasonable amount of time.

[AR03]

1 minute ago, Zhorro said:

Surely it's great news for collectors, but it is bad news for flippers.

I guess bad for both......I like to collect knowing that it is/will be a limited edition.

[Mtaybar]

8 minutes ago, GoldDiggerDave said:

WTF?

Whats the point of a queue?  

There isn't ..... But I'm going to queue anyway being as I got up especially for it 

 

[westminstrel]

Collectors should be rejoicing because they don’t have log in at 9 am and fear missing out on the issue and forking out 2x or 3x the price on the secondary market. There’s 3 whole months to make a leisurely decision - no more FOMO-induced stress. 

[BackyardBullion]

Just now, AR03 said:

I guess bad for both......I like to collect knowing that it is/will be a limited edition.

Well, it will be limited - but we won't know the final mintage for a while

Personally I will still be going for the silver 50p and 1 oz silver version just for the prosperity of having the first charles coins. 

Flippers gonna be flipping mad about this!