Proof Britannias 2023 Released today

[Britannia47]

Just ordered my 1/4. Bit more expensive than last time. £725 + £9 P&P  Delivery early April…. Just the  Coronation sovereign to go, then I’m finished - Honest (Again)!

 

[Frenchie]

I have got some information about the reverse proof sets....not so interesting

Fractional silver set . Total mintage 1550, & 350 sold by the RM, the rest sold by their trade department . RRP £165, so a mintage upped from 520 (2 coins silver set) to 2070 for the 1oz silver reverse proof 1oz with this fractional set combined  

Fractional gold set . Total mintage 250 and 50 sold by the RM, the rest sold by their trade department RRP £3340 So the RP 1oz gold has a higher mintage than  the proof

I'll only buy a silver reverse proof set however

 

 

Edited March 11, 2023 by Frenchie

[westminstrel]

10 minutes ago, Frenchie said:

I have got some information about the reverse proof sets....not so interesting

Fractional silver set . Total mintage 1550, & 350 sold by the RM, the rest sold by their trade department . RRP £165, so a mintage upped to 2070 for the 1oz silver reverse proof 1oz  

Fractional gold set . Total mintage 250 and 50 sold by the RM, the rest sold by their trade department RRP £3340 So the RP 1oz goldas a higher mintage than  the proof

I'll only buy a silver reverse proof set however

 

 

Becoming clearer and clearer why the max coin mintages were missing from the webpage listings. 🫤

Anyway I’m still happy I got the 1 Oz silver proof and reverse proof set. 

[westminstrel]

16 minutes ago, Frenchie said:

Fractional gold set . Total mintage 250 and 50 sold by the RM, the rest sold by their trade department RRP £3340 So the RP 1oz goldas a higher mintage than  the proof

Also, the max coin mintage of the 1 Oz gold is NOT mentioned here…

https://www.royalmint.com/britannia/commemorative/2023/the-britannia-premium-six-coin-old-proof-set/ 

… so I guess the jury is still out on whether the 1 Oz gold reverse proof has the higher mintage.

Edited March 10, 2023 by westminstrel

[westminstrel]

Meanwhile, the page for the 6-coin set states that the 1/2 Oz is exclusive to the set.

However, it is also available in the 3-coin set. 🫠

[Sc391]

I picked up a nice little 4 coin fractional set in silver.  It’s a reverse proof set made in a fairly limited mintage.  1 oz, 1/10, 1/20, and 1/40.  It’s the only way to get the little ones.  Gold was more than I wanted to spend with all the other excitement coming this year.  (Picked up the two coin set on issue day)

***correction it’s 1oz, 1/4 oz (not 1/40), 1/10, and 1/20*******

 

Edited March 12, 2023 by Sc391
Incorrect info on sizes

[Shell]

Giving it a miss this year as well. My pocket is happy🙂will keep checking back to see if it sells out🤣

Edited March 10, 2023 by Shell
More wordage🤦

[Shell]

This stamp did the concept better at a fraction of the cost🥳 when I bought a reprint set of stamps two years ago🙂

Edited March 10, 2023 by Shell
More words added🤣

[SilverPlatinum]

3 hours ago, Sc391 said:

I picked up a nice little 4 coin fractional set in silver.  It’s a reverse proof set made in a fairly limited mintage.  1 oz, 1/10, 1/20, and 1/40.  It’s the only way to get the little ones.  Gold was more than I wanted to spend with all the other excitement coming this year.  (Picked up the two coin set on issue day)

 

How you got this set? Through the website?

[Sc391]

@SilverPlatinum it was through my account manager- when you spend higher amounts with the RM they offer special releases of products like this one.  They had a beautiful gold rev proof set for £3450 but it was more than I had budgeted to spend.

 I believe the Royal Canadian Mint has a similar perk for their high spending Masters Club members.

[westminstrel]

11 hours ago, Sc391 said:

I picked up a nice little 4 coin fractional set in silver.  It’s a reverse proof set made in a fairly limited mintage.  1 oz, 1/10, 1/20, and 1/40.  It’s the only way to get the little ones.  Gold was more than I wanted to spend with all the other excitement coming this year.  (Picked up the two coin set on issue day)

 

That 1/40 Oz is tennie tiny like a button. 

[Frenchie]

2 hours ago, westminstrel said:

That 1/40 Oz is tennie tiny like a button. 

I really don't understand the motivation of the RM for these  ridiculous 1/40th oz coins...A 1/10th would have been more appropriate, and this is not even a matter of metal cost  (at least for silver)  

Edited March 11, 2023 by Frenchie

[Sc391]

I have a couple other fractional sets from other years - maybe I’ll collect the 1/40th oz coins, drill a couple holes in them, and make them into buttons for a dress shirt.  Wouldn’t I look sharp!

just kidding…….

 

[Petra]

Six coin sets! Good way to bump up the prices compared to the four coin set, a lot more than the cost of adding two very small coins.😮🤔

[westminstrel]

Yes indeed. The 1/20 and 1/40 oz in general are simply ridiculous sizes for coins.

The premiums are so high, and you can’t really see any design on them either, so what’s their point? One would be better off buying a piece of bullion for the same weight and at a fraction of the cost.

[AaaGee]

Same could be sead for the 1/4 sovereign but people still buy them.

[ak74]

12 hours ago, SilverPlatinum said:

How you got this set? Through the website?

theKoinClub has them. They sell internationally as well, afaik

https://thekoinclub.com/products/silver-britannia-fractional-set-2023

[westminstrel]

1 hour ago, AaaGee said:

Same could be sead for the 1/4 sovereign but people still buy them.

Indeed the 1/4 Sovereign is small but even so you can’t really compare the two (imo).

The diameter of the 1/4 Sov is 13.5mm.

The 1/20 oz and 1/40 oz coins are even smaller at 12mm and 8mm.

[SilverPlatinum]

17 hours ago, Sc391 said:

@SilverPlatinum it was through my account manager- when you spend higher amounts with the RM they offer special releases of products like this one.  They had a beautiful gold rev proof set for £3450 but it was more than I had budgeted to spend.

 I believe the Royal Canadian Mint has a similar perk for their high spending Masters Club members.

Thanks. Yes the Royal Canadian Mint has a Masters Club privilege (I'm  a gold member). 

[SilverPlatinum]

8 hours ago, ak74 said:

theKoinClub has them. They sell internationally as well, afaik

https://thekoinclub.com/products/silver-britannia-fractional-set-2023

The link you provided says "Proof" only. However what "Sc391" mentioned was "Reverse Proof".

[ak74]

15 minutes ago, SilverPlatinum said:

The link you provided says "Proof" only. However what "Sc391" mentioned was "Reverse Proof".

Oh yes, you are right...At the same time, the outer box photo at theKoinClub reads "reverse frosted set".

So if I were interested I'd contact them, maybe they don't 100% know what they sell  

[Zhorro]

Most of the proof Britannias that were available from the RM are still on sale.  Only the 2 coin set with reverse frosting, the the platinum quarter ounce are sold out.  Is this a sign that the market has reached saturation point?

[Chrisplym]

I believe that some of the other coin options are showing available but when you click on them they are out of stock: 5oz gold and 6 coin premium gold set.

[Britannia47]

When I look at the 6 coin set at £5035 I am reminded of the first 1987 Britannia 4 coin set I bought in 1997 for £575. I had just started collecting and saw it in a gold dealers shop in the Charing Cross Rd, and had to have it!  After all the Britannia image was the emblem of my Father’s ‘The Royal Norfolk Regiment’ based at the ‘Britannia Barracks’ in Norwich, and thus my avatar!
All my other proof sets have 4 coins (Britannia & Sovereign) and that’s the way I like them. The only exception is the 5 coin Panda set which came with a 1/20th! Today, I am amazed at the RMs extra revenue strategy of adding smaller sizes ie, the 20th & 40th oz. Perhaps next year there will be an 80th oz, with a free magnifying glass! Mention has been made of the 1/4 Sovereign, another unwelcome addition IMO. It never existed in circulation. What next at the 1oz end -  Piedforts, reverse proofs, plain edge, matte finish, 2oz, SotD? Oh Whoops, sorry that’s already happened!…….😳

Edited March 13, 2023 by Britannia47
Addition of photo

[MBTPSilver]

14 hours ago, Zhorro said:

Most of the proof Britannias that were available from the RM are still on sale.  Only the 2 coin set with reverse frosting, the the platinum quarter ounce are sold out.  Is this a sign that the market has reached saturation point?

They have overdone it a bit recently I feel. Obviously the Memorial series was unexpected but the amount of coins they did was too many, especially on top of the already planned release schedule that they've continued with.

I imagine a lot of people are also waiting to see what happens for the coronation in the next few weeks, and will be holding off. Hopefully once we get past that point releases will get back to normal for 2024 issues.