First Charles III portrait coins

[GrahamDiamond]

5 oz Silver Proof Limited 3000

10 0z Silver Proof Limited 1000

[SidS]

1 minute ago, GrahamDiamond said:

5 oz Silver Proof Limited 3000

10 0z Silver Proof Limited 1000

All the expensive stuff. They don't really cater for the budget range do they. Heck even a tightfisted range would be a start.

[AndrewSL76]

7 minutes ago, GrahamDiamond said:

5 oz Silver Proof Limited 3000

10 0z Silver Proof Limited 1000

Anyone who had contacted me about sales for the 5oz etc. please note this....CHEAPER than the RRP at the Mint!

[Paul]

Spotted on a BookFace group -

A interesting poll for todays release. 

Looks like the vast majority have shunned todays launch and bought nothing.  If we are to believe their votes.

We presume the collectors, investors & flippers are not involved today and it is Westminster Mint, London Mint Office & Harrington & Byrne type of buyers hoovering stuff up today taking up 50,000+ places in the queues all day 

 

[westminstrel]

2 minutes ago, Paul said:

Spotted on a BookFace group -

A interesting poll for todays release. 

Looks like the vast majority have shunned todays launch and bought nothing.  If we are to believe their votes.

We presume the collectors, investors & flippers are not involved today and it is Westminster Mint, London Mint Office & Harrington & Byrne type of buyers hoovering stuff up today taking up 50,000+ places in the queues all day 

 

Out of curiosity… How many people took that poll?

[Paul]

Just now, westminstrel said:

Out of curiosity… How many people took that poll?

x63 votes Walter 

[James32]

1 minute ago, westminstrel said:

Out of curiosity… How many people took that poll?

10 😆 

[westminstrel]

Also, I’m wondering how the percentages do not add up to 100. FB acting weird? 🤔 

[westminstrel]

Unless the poll lets you select multiple options - in which case the poll set up is incorrect as it allows people to select mutually exclusive answers which can lead to misleading results.

[westminstrel]

The correct options (if serious poll) should be:

- Both gold and silver

- Gold only

- Silver only

- Neither

[JeffM]

I really appreciate that this is mint to order.  It allows everyone who wants something to order it over the next 3 months.  Sure, the value will not be as great as a strictly limited edition.  But, this takes the flippers and high-profit dealers out of the picture until the end of December.  We won't know what the mintages will be until January.  I really don't care because I just want the coins for my collection as a part of history.  I wasn't collecting coins in 1951, so I wasn't able to get QEII's inaugural coins.  (I was more concerned with what was in my diaper than in my piggy bank! 🤪)

[Shinus73]

1 hour ago, Paul said:

Spotted on a BookFace group -

A interesting poll for todays release. 

Looks like the vast majority have shunned todays launch and bought nothing.  If we are to believe their votes.

We presume the collectors, investors & flippers are not involved today and it is Westminster Mint, London Mint Office & Harrington & Byrne type of buyers hoovering stuff up today taking up 50,000+ places in the queues all day 

 

If you ever needed proof that everybody's a flipper.

Nobody interested in coins that have little potential to increase in value.

[Paul]

21 minutes ago, Shinus73 said:

If you ever needed proof that everybody's a flipper.

Nobody interested in coins that have little potential to increase in value.

probably right 

[Mtaybar]

28 minutes ago, Shinus73 said:

If you ever needed proof that everybody's a flipper.

Nobody interested in coins that have little potential to increase in value.

Everyone has a price mucker.... Flipper or not lol

[Mtaybar]

I'll probably get a 50p eventually but there really is no rush. That was the only one I was interested in so 🤷

[GoldDiggerDave]

https://crawleycoins.co.uk/collections/queen-elizabeth-ii-memorial-coins/
 

If these coins are being discounted already one day of release by dealers it’s not looking good folks…..does it  matter if you have over paid today as you are “Real collectors” or are you not slightly miffed they RM has cashed in and will mint as many as people will buy?  It’s that not the point of a proof coin that it’s carries some exclusivity with limited numbers? 

[ArgentSmith]

3 minutes ago, GoldDiggerDave said:

It’s that not the point of a proof coin that it’s carries some exclusivity with limited numbers? 

With unlimited mintage many are destined for the pot I would have thought.

[GoldDiggerDave]

Even BBP are emailing me with them……every man and his dog will be selling these  dealers will have a window to flog these and make a small cut.

 

[Mtaybar]

Everybody expects a proof coin to go up in value.... It's all part of the appeal. Whenever I tell my family I've bought a piece of gold or silver they expect it to have made profit before it's even delivered. They don't get the concept that gold and silver goes up and down... They just think I'm loaded and stupid. It's laughable to think the majority of people only collect these types of  coins because they like them and not their future value. Gold is only valuable because it's a limited material. Again part of the appeal. Take that away and it's worth as much as a baked bean tin. 

[TheShinyStuff]

It's hard to know what to make of today's releases. The 50p is a great looking coin, the first RM bust of Charles is very good in my opinion, and the reverse is also a winner. Does the mintage bother me? - not particularly, £60 for proof silver 50p is the going rate, for me it's to keep, not flip.

The ounce coin and the crown I think look awful. The portraits of the Queen are lamentable. Overall they look like TDC or Cook Islands coins. Not for me.

All in all I think RM would have been better giving this release a miss, but money talks...

[Paul]

https://crawleycoins.co.uk/product/2022-her-majesty-queen-elizabeth-ii-memorial-2-oz-gold-proof/

£155 discount on the 2oz gold if anyone fancies taking a gamble on it - sold out at the Mint 

[James32]

3 minutes ago, Mtaybar said:

Everybody expects a proof coin to go up in value.... It's all part of the appeal. Whenever I tell my family I've bought a piece of gold or silver they expect it to have made profit before it's even delivered. They don't get the concept that gold and silver goes up and down... They just think I'm loaded and stupid. It's laughable to think the majority of people only collect these types of  coins because they like them and not their future value. Gold is only valuable because it's a limited material. Again part of the appeal. Take that away and it's worth as much as a baked bean tin. 

Baked beans are worth a fortune. 

[Mtaybar]

1 minute ago, TheShinyStuff said:

It's hard to know what to make of today's releases. The 50p is a great looking coin, the first RM bust of Charles is very good in my opinion, and the reverse is also a winner. Does the mintage bother me? - not particularly, £60 for proof silver 50p is the going rate, for me it's to keep, not flip.

The ounce coin and the crown I think look awful. The portraits of the Queen are lamentable. Overall they look like TDC or Cook Islands coins. Not for me.

All in all I think RM would have been better giving this release a miss, but money talks...

Have to agree the 50p and the new bust looks great. The others should've never made it past the design stage

1 minute ago, James32 said:

Baked beans are worth a fortune. 

🤣

[Darr3nG]

2 minutes ago, Paul said:

https://crawleycoins.co.uk/product/2022-her-majesty-queen-elizabeth-ii-memorial-2-oz-gold-proof/

£155 discount on the 2oz gold if anyone fancies taking a gamble on it - sold out at the Mint 

Even the limited release coins are being discounted! FFS! What was the point of this release?

[Mtaybar]

2 minutes ago, Darr3nG said:

Even the limited release coins are being discounted! FFS! What was the point of this release?

Literally to just mark an event for everyone. And why not .... Give it a few weeks and you can be the proud owner of one as well but at a lower price than today's release price. I might get a couple of they come down lower.