Great Engravers - Petition Crown (Gazette Proclamation)

[Chrisplym]

My RM account manager has also confirmed today that the two coins will be sold together as a set.

This rules me out for the 2oz gold due to the high cost in one go and like others I only really like the one side of the original.

I will be going for the 2oz silver set but not sure about anything else at this stage. Mintages will be the key. My account manager believes that the range will sell out within minutes. Maybe the mintages will be lower?

 

[Paul]

53 minutes ago, Chrisplym said:

My RM account manager has also confirmed today that the two coins will be sold together as a set.

This rules me out for the 2oz gold due to the high cost in one go and like others I only really like the one side of the original.

I will be going for the 2oz silver set but not sure about anything else at this stage. Mintages will be the key. My account manager believes that the range will sell out within minutes. Maybe the mintages will be lower?

 

Thanks Chris. I've been juggling Dosh to have funds available for this to continue the 2oz gold series. £5k yes I can juggle, But I'm not parking £11k into it simply can't afford it. It'll be ultra limited in gold in years to come this unless I think. Or in plain English a flop 

Even though the mintage may be X 

The sales may by well below that

[AR03]

On 27/02/2023 at 21:03, Alz111 said:

Is there a link to register interest? And when is this releasing? Thank you

 

Edited March 7, 2023 by AR03

[AR03]

On 18/02/2023 at 08:57, Paul said:

The two 2oz gold will be looking at £10,500-£11,000 which ain't easily found down the back of the sofa 

2oz gold gothic QA was £4995 and portrait was £5120 back in Feb 2022, so I'm pretty sure it will be much higher than 11k this time 

[AndrewSL76]

Is there a release date yet?

[Alz111]

What’s releasing today on the royal mint page ? 

[Paul]

1 minute ago, Alz111 said:

What’s releasing today on the royal mint page ? 

Proof Britannia 

[Paul]

10 hours ago, AR03 said:

2oz gold gothic QA was £4995 and portrait was £5120 back in Feb 2022, so I'm pretty sure it will be much higher than 11k this time 

Una was £3995 for the 2oz gold at launch 

[westminstrel]

12 minutes ago, Paul said:

Una was £3995 for the 2oz gold at launch 

Seems soo cheap now. 😭

[Paul]

Just now, westminstrel said:

Seems soo cheap now. 😭

It still felt very dear per oz on the day compared to what a Krugerrand was selling for

[AR03]

16 minutes ago, Paul said:

Una was £3995 for the 2oz gold at launch 

Oh yes that was ages ago

[westminstrel]

11 hours ago, Paul said:

Thanks Chris. I've been juggling Dosh to have funds available for this to continue the 2oz gold series. £5k yes I can juggle, But I'm not parking £11k into it simply can't afford it. It'll be ultra limited in gold in years to come this unless I think. Or in plain English a flop 

Even though the mintage may be X 

The sales may by well below that

I like the idea of the Royal Mint releasing the two coins as a single set, however the price point is going to make these rather prohibitive, especially in the gold and the larger silver denominations, and in a year when most people are finding it hard to cope with the increasing cost of living; so it’s very much a double-edged sword.

I definitely see all the denominations selling out nonetheless, regardless of the mintages, as even the kilo gold etc. of past releases have sold out, so there’s definitely people out there who have more than enough spare cash and a few £10k isn’t a big deal.

[Sc391]

Lots of conversations but still nothing on a release date.  It’s got to be getting close….

I have tried prying a hint from my acct manager, but her lips are sealed.

[Paul]

39 minutes ago, Sc391 said:

Lots of conversations but still nothing on a release date.  It’s got to be getting close….

I have tried prying a hint from my acct manager, but her lips are sealed.

Ac managers never let cat out of the bag. Embargoed detail. 

Safe to say once the register your interest page is up and stock photos done, it's not far away. Possible next release maybe ? 

[NewCoins]

8 hours ago, westminstrel said:

I like the idea of the Royal Mint releasing the two coins as a single set, however the price point is going to make these rather prohibitive, especially in the gold and the larger silver denominations, and in a year when most people are finding it hard to cope with the increasing cost of living; so it’s very much a double-edged sword.

I definitely see all the denominations selling out nonetheless, regardless of the mintages, as even the kilo gold etc. of past releases have sold out, so there’s definitely people out there who have more than enough spare cash and a few £10k isn’t a big deal.

After the stress with the gothics and the uneven mintages (at least on the 2oz silver) I think the set is the right call. I completely understand the one off cost is annoying. As I will be only going for the 2oz silver, I will just able to manage.

As I have said previously I would love them reduce the mintages, even if that means I may not get any.

This series needs saving....

[Chrisplym]

I asked my RM account manager today about the release and she just said ‘soon’.

[Sc391]

Still nothing on a release date?

[Paul]

26 minutes ago, Sc391 said:

Still nothing on a release date?

It'll not be long, once they've made PR images and sign up for alerts  squeeze pages, it never too far away 

[Robda1986]

So if its a 2 coin set and one of them is munted but one is acceptable its going to be a right pain getting a decent pair ffs

[westminstrel]

18 hours ago, Sc391 said:

Still nothing on a release date?

I cant think of any more ranges that have a scheduled release after today’s British Monarchs Charles I, so I’d say the Petition Crown might be the next one, perhaps as soon as later this week. The RM is rather relentless with their releases. 🫤

[JeffM]

On 21/02/2023 at 01:50, Paul said:

So do we collectively think FLOP for this release?? 

Yes, the coin doesn't excite me.

[JeffM]

Simon's original coin has the obverse slightly concave (to show off the king better) and the reverse slightly convex.  I wonder if this coin will be the same?

[Paul]

10 minutes ago, JeffM said:

Yes, the coin doesn't excite me.

im not going to go for this one, if they are not doing it as a spilt release, could manage £5k+ for one 2oz gold

but not both in one £11.5k hit

Im pretty sure sure a lot of other folk will be in the same boat

Will try to get the crest side in a PF70 at some stage in secondary market down the road at some stage if its not a draft price and ignore/let pass the portrait side

Had a similar comment from another collector who is giving this release a miss also   

[JeffM]

2 minutes ago, Paul said:

im not going to go for this one, if they are not doing it as a spilt release, could manage £5k+ for one 2oz gold

but not both in one £11.5k hit

Im pretty sure sure a lot of other folk will be in the same boat

Will try to get the crest side in a PF70 at some stage in secondary market down the road at some stage if its not a draft price and ignore/let pass the portrait side

Had a similar comment from another collector who is giving this release a miss also   

The Royal Mint has issued an awful lot of coins lately.  Seems like they are turning their production department into the Royal Sweat Shop.  I would assume that quality will be worse than it already is with so many coins coming off the presses.  Plus, they are making it quite upsetting for collectors without a bottomless pocket.

[dikefalos]

Is there anyone who would like to own the original Petition Crown because of its beauty? 
Unlike the Una, the Gothic Crown set and especially the Three Graces, the Petition Crown has no real aesthetic appeal for me. It's not ugly, but it's not outstanding like the first issues of the GE series.