Official Coronation Coin Range Reveal

[Paul]

https://www.ngccoin.com/census/world/great-britain-decimal-1968-to-date/sc-350/s5pnd/varieties/363180/

x925 graded 70s

and

x16 graded 69s 

 

[Paul]

@JeffM I don't suppose you called them to ask for prices ??

I notice nothing is posted on the web site, just prompting to call their data gathering telesales crew 

We had it listed momentarily on Friday here in the UK for the 1oz gold reverse proof in 70 for £3250 GBP before it disappeared

 

 

[JeffM]

1 hour ago, Paul said:

@JeffM I don't suppose you called them to ask for prices ??

I notice nothing is posted on the web site, just prompting to call their data gathering telesales crew 

We had it listed momentarily on Friday here in the UK for the 1oz gold reverse proof in 70 for £3250 GBP before it disappeared

 

 

GovMint charges huge, obscene prices.  $6,295 (USD) for the 1 oz. gold and $495 for the 2 oz. silver.

[JeffM]

1 hour ago, Paul said:

@JeffM I don't suppose you called them to ask for prices ??

I notice nothing is posted on the web site, just prompting to call their data gathering telesales crew 

We had it listed momentarily on Friday here in the UK for the 1oz gold reverse proof in 70 for £3250 GBP before it disappeared

 

 

GovMint charges a ton here in the U.S. for all the coins they sell.  Some are only available through them, so you pay a pretty penny if you want the coin.

Edited July 17, 2023 by JeffM

[Paul]

That ain't great value at all. £3250 was the price in UK on Friday before it disappeared for gold 

Forget what USD to GBP is exactly but it not that far from even parity, one for one. 

Nice coin but too dear

[ak74]

5 minutes ago, Paul said:

Forget what USD to GBP is exactly but it not that far from even parity, one for one. 

GBP/USD is about 1.30, thus 3250 GBP is about 4225 USD, i.e. 1.5 times less than GovMint charges

[westminstrel]

Corporate greed blah blah. I’m keen but not at these prices. There’ll be lots more opportunities for specials and reverse proofs over the months and years. Missing out on these isn’t the end of the world. Chin up my friends. 🙂

[GoldDiggerDave]

8 hours ago, Paul said:

That ain't great value at all. £3250 was the price in UK on Friday before it disappeared for gold 

Forget what USD to GBP is exactly but it not that far from even parity, one for one. 

Nice coin but too dear

I almost bought 8 legs of venison for £40 then I thought that was two dear too!  

[Paul]

6295usd / 1.30 GBP = £4842 

That's a wee be more than the £3250 GBP we saw it offered for on Friday in UK 

 

[Agaupl]

2 hours ago, Paul said:

6295usd / 1.30 GBP = £4842 

That's a wee be more than the £3250 GBP we saw it offered for on Friday in UK 

 

Yankie Scoundrels. “Oh we don’t like tea taxes” bla bla bla. … coronation RP 1oz gold comes out of no where …

[Agaupl]

18 hours ago, Paul said:

https://www.ngccoin.com/census/world/great-britain-decimal-1968-to-date/sc-350/s5pnd/varieties/363180/

x925 graded 70s

and

x16 graded 69s 

 

So where did the rest go? And the golds?

This is my I avoid mint marque as what’s the point? 

[Paul]

3 minutes ago, Agaupl said:

So where did the rest go? And the golds?

This is my I avoid mint marque as what’s the point? 

no idea

[Agaupl]

1 minute ago, Paul said:

no idea

Can’t believe Sov rarities only had one. 

[Paul]

2 minutes ago, Agaupl said:

Can’t believe Sov rarities only had one. 

it didn't look like it sold - it looked like it was removed 

you could also add more than one to basket when it was live  

[Agaupl]

So they got bought up 

[westminstrel]

Maybe they realised they had underpriced it (in comparison to GovMint). 👀 

[Agaupl]

2 minutes ago, westminstrel said:

Maybe they realised they had underpriced it (in comparison to GovMint). 👀 

Yep. Speculative holding 

[JeffM]

1 hour ago, Agaupl said:

So they got bought up 

I'll bet GovMint bought a ton of them to corner the market.  Then they can charge what they want, and if you absolutely must have it, open your wallet nice and wide!

[westminstrel]

49 minutes ago, Agaupl said:

Yep. Speculative holding 

 

21 minutes ago, JeffM said:

I'll bet GovMint bought a ton of them to corner the market.  Then they can charge what they want, and if you absolutely must have it, open your wallet nice and wide!

Yeah if this is true then collectors should just boycott such behaviour. 🫤

[Agaupl]

25 minutes ago, JeffM said:

I'll bet GovMint bought a ton of them to corner the market.  Then they can charge what they want, and if you absolutely must have it, open your wallet nice and wide!

More to the point why does Rm allow certain dealers especially overseas to buy in bulk and shaft the entire market. It’s happend so much this year. Esp for unexpected coins like this … oh wait sorry. We know why. £€¥$

[westminstrel]

I’m surprised that even the Mint Marque members on here who were offered the 2oz gold matte proof Coronation coin were not offered this one.

So it likely was not even an exclusive in that sense; rather more of a “dealer exclusive”.

[JeffM]

15 minutes ago, westminstrel said:

I’m surprised that even the Mint Marque members on here who were offered the 2oz gold matte proof Coronation coin were not offered this one.

So it likely was not even an exclusive in that sense; rather more of a “dealer exclusive”.

I think you're correct.  I have seen this before, especially with GovMint here in the U.S.  They commission issues that only they sell, or they buy a large hunk of the issue.

[Agaupl]

1 minute ago, JeffM said:

I think you're correct.  I have seen this before, especially with GovMint here in the U.S.  They commission issues that only they sell, or they buy a large hunk of the issue.

Bit sh!tty. To say the least. 

[JeffM]

 

The silver RP looks great, too, but not at the price GovMint is charging (even though a lot less expensive than the gold).

[Agaupl]

4 minutes ago, JeffM said:

 

The silver RP looks great, too, but not at the price GovMint is charging (even though a lot less expensive than the gold).

Ah mate it’s gorgeous. As is the gold. Although the web page showed the gold RP as just the regular I noticed. Im not paying their prices though. 

Edited July 18, 2023 by Agaupl