Has Charles rogered sovereigns ?

[apachebleu]

On 11/09/2023 at 19:05, SiCole said:

Wanted - Memorial 5 sov PF70's

£2600?

Even I wouldn't offer that! (Well not publicly, over PM maybe)

[kimchi]

18 minutes ago, apachebleu said:

Even I wouldn't offer that! (Well not publicly, over PM maybe)

I would only personally attempt that kind of negotiation via smoke signals

[tpcob303]

I bought the Jubilee Sovereigns 1/4 (which while it's the proof it's also the piedfort plain edge limited to 70) the 1/2, full and double. Then I bought the Memorial 1/4,1/2, full and double and now the coronation so far just the 1/4, 1/2 and full and yet to get the double in a couple of months even though I'm saving for a watch. So will probably put off buying the double. Point was to buy all three of these sets to a maximum of 4 coins per set and forget the 5 sovereign and keep them long term to pass onto my daughter. No intention of selling, no intention of getting the 5 sovereigns. I have other coins for selling and they are all bullion as that's the point of them to buy and sell compared with collectors coins. 

It is however understandable that people have been hit with a tidal wave of releases, so much flooding the market in a short space of time and with the cost of living it's not easy to just say yes to spending money that could be used for living cost especially plus with Rishi sucking our banks dry while filling his own with our money and while the banks might be giving good returns on savings they are taking it away again with mortgages with the interest rates kicking in for those on variable rates. 

I expect push will come to shove at something, there will be only so long the public can go on until like Birmingham it all goes bankrupt and everyone is out of the house while the CCP buys up the country for pennies on the yuan knowing how spineless our politicians are to sell us out especially when the chances of a tax break are diminishing with gold, the last place people seem to be going are britannias and sovereigns in bullion to escape the CGT on the profits as bars now incur tax. 

 

Edit Addition: That and I'm told not everyone likes Charles on their coins, each to their own but I don't care myself as long as its a sovereign with a King or Queen and not a Socialist Peoples Republic of quacks printing funnier money than whats already given to us through our banks as it devalues more and more. 

Edited September 15, 2023 by tpcob303

[Foster88]

Has Charles ‘rogered’ Sovereigns?

No, I don’t feel he has.

We have a King on our coins and soon to be bank notes for the first time in 70 years and also the sovereign coin will also have a King. But most likely none of us on this forum will ever see another Queen on the throne again. Yes, I know, I had to read that again after I wrote it and it sunk in. The following years will be, at least in most of our lifetimes, three Kings.

My Guess:

Charles III (We know)

William V

George VII

Given his age, Charles III’s reign will likely be similar to the the reign of Edward VII, a long standing Prince of Wales in waiting. Charles takes that record previously held by Edward VII as the longest ‘heir’, in waiting in history.

The last and the first monarch will always be popular, I suppose it’s down to the individual to make their mind up and history will do the rest.

But, we are, wether you’re a collector or a stacker living through times of great change in the monarchy and society as a whole and I don’t think Charles has rogered sovereigns at all.

Personally I think this may just be the ‘new’ that none of us are used to after 70 years.

Edited September 16, 2023 by Foster88

[Leonmarsh]

5 hours ago, Foster88 said:

Has Charles ‘rogered’ Sovereigns?

No, I don’t feel he has.

We have a King on our coins and soon to be bank notes for the first time in 70 years and also the sovereign coin will also have a King. But most likely none of us on this forum will ever see another Queen on the throne again. Yes, I know, I had to read that again after I wrote it and it sunk in. The following years will be, at least in most of our lifetimes, three Kings.

My Guess:

Charles III (We know)

William V

George VII

Given his age, Charles III’s reign will likely be similar to the the reign of Edward VII, a long standing Prince of Wales in waiting. Charles takes that record previously held by Edward VII as the longest ‘heir’, in waiting in history.

The last and the first monarch will always be popular, I suppose it’s down to the individual to make their mind up and history will do the rest.

But, we are, wether you’re a collector or a stacker living through times of great change in the monarchy and society as a whole and I don’t think Charles has rogered sovereigns at all.

Personally I think this may just be the ‘new’ that none of us are used to after 70 years.

So maybe more of a light finger blasting rather than a full Rogering ? 

[SidS]

1 hour ago, Leonmarsh said:

So maybe more of a light finger blasting rather than a full Rogering ? 

I'm not sure 'light' and 'blasting' are entirely synonymous. 😁

Maybe a light tickle perhaps.

[CazLikesCoins]

On 11/09/2023 at 22:48, Leonmarsh said:

I have come close 50 times to buying Charles pf70 sovs and pulling the trigger on here they seem an absolute bargain 

But why aren't they selling? There not selling at all which is making me reluctant 

I know it's been covered a million times but someone help me out am I missing a bargain or has Charles rogered sovs 

 

 

Imo Charlie has become the Micheal Flatley of investment gold - mass marketed, cheesy, yet strangely addictive to a small pot of dedicated fans who went to all the shows, paid over the odds, and are now stuck with a load of memorabilia no one wants to buy - apart from other fans, who are snowed under with the same stuff anyway.

[SidS]

16 minutes ago, CazLikesCoins said:

Imo Charlie has become the Micheal Flatley of investment gold - mass marketed, cheesy, yet strangely addictive to a small pot of dedicated fans who went to all the shows, paid over the odds, and are now stuck with a load of memorabilia no one wants to buy - apart from other fans, who are snowed under with the same stuff anyway.

Daniel o'Donnell fans then. 😁

[CazLikesCoins]

1 minute ago, SidS said:

Daniel o'Donnell fans then. 😁

Oh no, he's strictly for lovers of silver 🤣 

[SlowFrog]

On 15/09/2023 at 01:39, apachebleu said:

Even I wouldn't offer that! (Well not publicly, over PM maybe)

I was thinking a bit more about this, and on the face of it, £2600 seems like a silly offer given how much everyone has spent. However, perhaps it's just that the Royal Mint absolutely ripped everyone a new one with their initial premiums and a lot of people went for it regardless. If collectors are buying these coins, they can't all then complain about the Royal Mint inflating prices year on year. The RM will keep raising the price so long as there's demand.

A 5 sov is roughly £1830 at spot, so £2600 still actually represents a pretty huge premium given that it's a brand new coin (albeit with some potential for it to be a future winner if you're willing to sit and wait). Still, it's a risk and even at £2600, it's £770 more than the coin's metal is worth.

 

[apachebleu]

45 minutes ago, SlowFrog said:

I was thinking a bit more about this, and on the face of it, £2600 seems like a silly offer given how much everyone has spent. However, perhaps it's just that the Royal Mint absolutely ripped everyone a new one with their initial premiums and a lot of people went for it regardless. If collectors are buying these coins, they can't all then complain about the Royal Mint inflating prices year on year. The RM will keep raising the price so long as there's demand.

A 5 sov is roughly £1830 at spot, so £2600 still actually represents a pretty huge premium given that it's a brand new coin (albeit with some potential for it to be a future winner if you're willing to sit and wait). Still, it's a risk and even at £2600, it's £770 more than the coin's metal is worth.

 

You know what, thats actually true...quite a bitter pill to swallow for many, myself included, but you are correct.

 If we are honest most buy coins like this hoping they appreciate, fewer still buy them not caring if they lose value (queue me getting quoted to death by people pretending throwing 5 grand away is nothing to them because they are proper collectors)

 I believe in the memorials so I have bought a fair few from people who don't at prices I think leave me a future profit but I could be wrong. I have also bought a coronation set and when the quintuple came back a 69 I just had to accept that its basically just bullion.

 I enjoy collecting but at this price point with what I've got tied up in gold I maybe do need to rethink the true value of some things I own and maybe cash out a bit.

 Thanks for giving me an existential crisis to start my day!!!!

[SlowFrog]

28 minutes ago, apachebleu said:

You know what, thats actually true...quite a bitter pill to swallow for many, myself included, but you are correct.

 If we are honest most buy coins like this hoping they appreciate, fewer still buy them not caring if they lose value (queue me getting quoted to death by people pretending throwing 5 grand away is nothing to them because they are proper collectors)

 I believe in the memorials so I have bought a fair few from people who don't at prices I think leave me a future profit but I could be wrong. I have also bought a coronation set and when the quintuple came back a 69 I just had to accept that its basically just bullion.

 I enjoy collecting but at this price point with what I've got tied up in gold I maybe do need to rethink the true value of some things I own and maybe cash out a bit.

 Thanks for giving me an existential crisis to start my day!!!!

I do apologise but I love your honesty and willingness to at least think about it. This is coming from someone that nearly blew a £2k premium on a 1oz monkey coin just last week because it had a #01 on the COA (and an overall limited mintage of 888). However, the kind members of this forum brought me to my senses before I went all in. I've decided that bullion is just a much safer option for my sanity, even if I do get tempted by the odd proof or graded coin.

Edited September 16, 2023 by SlowFrog

[SiCole]

35 minutes ago, apachebleu said:

You know what, thats actually true...quite a bitter pill to swallow for many, myself included, but you are correct.

 If we are honest most buy coins like this hoping they appreciate, fewer still buy them not caring if they lose value (queue me getting quoted to death by people pretending throwing 5 grand away is nothing to them because they are proper collectors)

 I believe in the memorials so I have bought a fair few from people who don't at prices I think leave me a future profit but I could be wrong. I have also bought a coronation set and when the quintuple came back a 69 I just had to accept that its basically just bullion.

 I enjoy collecting but at this price point with what I've got tied up in gold I maybe do need to rethink the true value of some things I own and maybe cash out a bit.

 Thanks for giving me an existential crisis to start my day!!!!

£2600 for quintuple PF70? 😉

[Leonmarsh]

4 hours ago, SidS said:

I'm not sure 'light' and 'blasting' are entirely synonymous. 😁

Maybe a light tickle perhaps.

A hard blasting would be with sausage fingers like a pneumatic drill 

[SidS]

2 minutes ago, Leonmarsh said:

A hard blasting would be with sausage fingers like a pneumatic drill 

I stand corrected. 😁

[Olivard]

12 hours ago, Foster88 said:

Has Charles ‘rogered’ Sovereigns?

No, I don’t feel he has.

We have a King on our coins and soon to be bank notes for the first time in 70 years and also the sovereign coin will also have a King. But most likely none of us on this forum will ever see another Queen on the throne again. Yes, I know, I had to read that again after I wrote it and it sunk in. The following years will be, at least in most of our lifetimes, three Kings.

My Guess:

Charles III (We know)

William V

George VII

Given his age, Charles III’s reign will likely be similar to the the reign of Edward VII, a long standing Prince of Wales in waiting. Charles takes that record previously held by Edward VII as the longest ‘heir’, in waiting in history.

The last and the first monarch will always be popular, I suppose it’s down to the individual to make their mind up and history will do the rest.

But, we are, wether you’re a collector or a stacker living through times of great change in the monarchy and society as a whole and I don’t think Charles has rogered sovereigns at all.

Personally I think this may just be the ‘new’ that none of us are used to after 70 years.

Be interesting to see how they price the 2024 proof sovereigns and what quantity they decide to issue.

I presume they'll try and market it as C III first normal sovereign.  However I can't see it selling that well after all the specials of the last 2 years.

[apachebleu]

2 hours ago, SiCole said:

£2600 for quintuple PF70? 😉

  You sir are shameless!

 Anyway we both know that I occasionally have these moments of introspection regarding my collection....usually its followed by buying the first shiny thing that catches my eye 2 or 3 hours later and completely forgetting any lessons I think I may have learned

1 hour ago, Olivard said:

Be interesting to see how they price the 2024 proof sovereigns and what quantity they decide to issue.

I presume they'll try and market it as C III first normal sovereign.  However I can't see it selling that well after all the specials of the last 2 years.

 It will be a hard pass for me that's for certain

[apachebleu]

2 hours ago, SlowFrog said:

I do apologise but I love your honesty and willingness to at least think about it. This is coming from someone that nearly blew a £2k premium on a 1oz monkey coin just last week because it had a #01 on the COA (and an overall limited mintage of 888). However, the kind members of this forum brought me to my senses before I went all in. I've decided that bullion is just a much safer option for my sanity, even if I do get tempted by the odd proof or graded coin.

 You should have bought the monkey coin, I mean there can't be many with serial number 1

[Darr3nG]

13 minutes ago, apachebleu said:

there can't be many with serial number 1

1, by my count  

[apachebleu]

9 hours ago, Darr3nG said:

1, by my count  

 Well that does makes it pretty rare you must admit

[StackemHigh]

On 16/09/2023 at 13:02, SlowFrog said:

I do apologise but I love your honesty and willingness to at least think about it. This is coming from someone that nearly blew a £2k premium on a 1oz monkey coin just last week because it had a #01 on the COA (and an overall limited mintage of 888). However, the kind members of this forum brought me to my senses before I went all in. I've decided that bullion is just a much safer option for my sanity, even if I do get tempted by the odd proof or graded coin.

Are there other countries national mints have this type of problem? This is a rm generated issue. TOO many issued coins with confusing singles, sizes, sets, finishes, over pricing and poor quality are what the rm has become. It has become difficult to see a solution to this!

I happily pay good money for good quality products. 

[CANV]

Over supply of ‘special editions’ of everything. Plus anyone sitting on a pile of cash looking to buy is getting 5 per cent P.A. 
Interest on their loot, paid monthly.  For the first time in a decade ,  it takes the edge off procrastination 

Edited September 19, 2023 by CANV

[westminstrel]

In one word, NO!

The beginning of Charles’ reign just happened to coincide with a worldwide cost of living crisis not seen in several decades.