Worth buying for investment purposes?

[Divmad]

On 20/12/2022 at 22:41, AaaGee said:

Or better to just get a sovereign?

https://www.londonmintoffice.org/silver-coins/silver-sovereign-2022-five-coin-set

 

I just worked out that this set contains 2oz of Silver. For £420????

[pricha]

The 'VIP' Mystery Box - Mystery Boxes - The London Mint Office

The VIP mystery box is only £495 . A most dazzling surprise inside ? Maybe a 1838 Sovereign ? Strictly limited . ( to the brain dead ?) The bow looks nice . I'd love to see Mr Chards face on Christmas day when he opened this. 

[MonkeysUncle]

On 29/12/2022 at 15:41, Divmad said:

I just worked out that this set contains 2oz of Silver. For £420????

But the postage is free, so it's alreet!

[Petra]

How do you know how much silver there is? Have you got one?🤔😮

[Divmad]

21 minutes ago, Petra said:

How do you know how much silver there is? Have you got one?🤔😮

Well, I'm assuming their Silver sovereign weighs as much as the Gold sovereign, 0.2354oz. 

 

Tell me why that isn't the case.

[Petra]

2 hours ago, Divmad said:

Well, I'm assuming their Silver sovereign weighs as much as the Gold sovereign, 0.2354oz. 

 

Tell me why that isn't the case.

 It’s not a matter of  not being the case, but obviously knowing what is in a mystery box can be useful🤔

[pricha]

1 hour ago, Petra said:

 It’s not a matter of  not being the case, but obviously knowing what is in a mystery box can be useful🤔

But it wouldn't be a dazzling surprise if you knew 😂 

[Petra]

53 minutes ago, pricha said:

But it wouldn't be a dazzling surprise if you knew 😂 

I fully appreciate that, however, the forum member previously isn’t stating how much silver is in it🤔😮

[pricha]

2 hours ago, Petra said:

I fully appreciate that, however, the forum member previously isn’t stating how much silver is in it🤔😮

I can't find the details of the silver content . If the company sell a cardboard box with a "surprise" inside it then I suppose such small details as what you're actually buying doesn't matter to the company.  If that doesn't tell you to avoid the company what does ? No one should have to assume what weight the items ( can't call them coins ) are.  I've had a brief look and can't find any details. Dreadful. 

Edited January 1, 2023 by pricha

[sherylburke]

I'd say this kind of decision should be taken after a talk with a financial planner. The value of the set can fluctuate based on more factors, such as market demand, and supply. So, it's difficult to predict what the value will be in the future. As I know, this coin set is a limited edition, and it's worth may be influenced by the rarity and demand. But first, it's important to consider how the coin fits into your overall investment portfolio. A good financial planner may help you understand if this investment would align with your goals and risk tolerance.

Edited January 23, 2023 by sherylburke