2024 Proof sovereign

[Olivard]

2 hours ago, refero said:

i m with you 100%.

below 10.000 full sovs priced around 500 gbp

Agree but we are talking about Royal Mint...

 

[Sc391]

For that £500 price you may want to look for some older issues from early to mid 20th century - or maybe have a close friend or relative who works at RM……

[Zhorro]

On 13/10/2023 at 14:19, Darr3nG said:

Insider knowledge? 

The proof sovereign tends to be released in the first half of November - though a SOTD for Charles' 75th Birthday would complicate things.  Could the proofs be released in October?  In 2018 the 2019 proof sovereign was released in the second half of October.

[JohnV66]

As I collect the entire date run of QEII & KCIII proof sovs, I'm not going to miss out but likely to side with @Paul on this one and probably wait for a secondary market ready graded PF70 that'll be a few bob cheaper.

I'm pretty certain the Royal Mint will keep it's £725 - 750 RRP. Their pricing is like a ratchet, it never goes back down.

It's entirely possible that stock will be left unsold, similar to 2014 where only 4,613 were actually flogged. On the plus side, that's also now the lowest mintage year for regular QEII proofs (excluding SOTD's) and at some point the market will recognise this, if not already.

 

 

 

Edited October 17, 2023 by JohnV66
typo

[Zhorro]

I've been told the 2024 proof sovereigns will be released in the next couple of weeks.

The prices I've been quoted are:

5 Coin Sovereign Set: £5725 

3 Coin Sovereign Set: £1140 

Sovereign: £725

Half Sovereign £385

 

I am giving this one a miss - I will be happy with a bullion sovereign this year.

[Olivard]

43 minutes ago, Zhorro said:

I've been told the 2024 proof sovereigns will be released in the next couple of weeks.

The prices I've been quoted are:

5 Coin Sovereign Set: £5725 

3 Coin Sovereign Set: £1140 

Sovereign: £725

Half Sovereign £385

 

I am giving this one a miss - I will be happy with a bullion sovereign this year.

It'll be interesting to see the mintage numbers on these given the prices you've been quoted.

[westminstrel]

4 hours ago, Zhorro said:

I've been told the 2024 proof sovereigns will be released in the next couple of weeks.

The prices I've been quoted are:

5 Coin Sovereign Set: £5725 

3 Coin Sovereign Set: £1140 

Sovereign: £725

Half Sovereign £385

 

I am giving this one a miss - I will be happy with a bullion sovereign this year.

One word… Ridiculous! 😵‍💫

[GoldDiggerDave]

I would expect drastically lower mintage numbers 

[Olivard]

Just now, GoldDiggerDave said:

I would expect drastically lower mintage numbers 

I hope you are right. At that price it has to be a very limited edition if they want it to sell.

[GoldDiggerDave]

@Olivard  for me the 5 set needs to be around 450-495 and ideally we need a maximum mintage of the fulls of no more than 7,500  even better sub 6000.  

Its a bonkers market IMO if they did another special reverse or obverse then we'd by saying they are milking it, then most would be buying.  If it's just a normal year sovereign (hope it is) then some won't buy because its not "special"   

We have only had a run of special year sovereigns due to timing 2022 Jubilee,  memorial and then a coronation.   Many proof sovereign collectors are feeling exhausted  we have had effectively 4 full sets in a 2 year period form Nov ish 2021 to 2023.  It will be good to get back onto a normal 1 per year.   

 

 

 

 

[refero]

but it cant be (if confirmed) 725 gbp for a "standard" sovereign

[GoldDiggerDave]

1 minute ago, refero said:

but it cant be (if confirmed) 725 gbp for a "standard" sovereign

I would expect it to be around that, nothing will be confirmed until the day.....With the spike in gold price I hope they don't keep the same margins and just wang up the price to the buyer, could be easy £800+ if they keep the same margins 

[refero]

they are making life very difficult for normal collectors to keep up with a run collection per year

[begineersluck]

any news on the 2024 5 sov BU release date 

will be looking at other dealers on the day of release 

[westminstrel]

25 minutes ago, begineersluck said:

any news on the 2024 5 sov BU release date 

will be looking at other dealers on the day of release 

The £5 BU has usually been released in the middle of the year around June / July.

It was only the Memorial and Coronation £5 BUs that were released in conjunction with the respective Proof ranges (for obvious reasons).

So you’re most likely looking at mid-2024 for the 2024 £5 BU.

[begineersluck]

thank you 

[Theodoros]

According to a dealer the 2024 Proof Sovereign will be available on 02/11/2023 and the King's birthday Celebration Sovereign will be available on 06/11/2023 with the following limited editions:

 

5 Coin Sovereign Set: 450

3 Coin Sovereign Set: 650 

Sovereign: 7500

Half Sovereign: 1250

75th Birthday Celebration Sovereign: 750

[Zhorro]

18 minutes ago, Theodoros said:

According to a dealer the 2024 Proof Sovereign will be available on 02/11/2023 and the King's birthday Celebration Sovereign will be available on 06/11/2023 with the following limited editions:

 

5 Coin Sovereign Set: 450

3 Coin Sovereign Set: 650 

Sovereign: 7500

Half Sovereign: 1250

75th Birthday Celebration Sovereign: 750

If the King's Birthday Celebration Sovereign is available on 6th November, does this mean that it is not a Strike On The Day sovereign but something else?  The King's birthday is 14th November so it seems strange that the "Birthday Celebration Sovereign" is being released on the 6th November.  

Also, a mintage figure of 7,500 for the 2024 Proof Sovereigns seems low - I was expecting 15,000-20,000.

[JamesH]

22 minutes ago, Zhorro said:

If the King's Birthday Celebration Sovereign is available on 6th November, does this mean that it is not a Strike On The Day sovereign but something else?  The King's birthday is 14th November so it seems strange that the "Birthday Celebration Sovereign" is being released on the 6th November.  

Also, a mintage figure of 7,500 for the 2024 Proof Sovereigns seems low - I was expecting 15,000-20,000.

Probably just allows them to presale the birthday Sovs for immediate despatch after his Birthday? @GoldDiggerDave will be happy with those mintage numbers 👍🏼

[paulmerton]

Is the birthday sovereign likely to be the same thing but with a privy mark? Or just the same thing in BU with a plain edge?

[westminstrel]

1 hour ago, Theodoros said:

According to a dealer the 2024 Proof Sovereign will be available on 02/11/2023 and the King's birthday Celebration Sovereign will be available on 06/11/2023 with the following limited editions:

 

5 Coin Sovereign Set: 450

3 Coin Sovereign Set: 650 

Sovereign: 7500

Half Sovereign: 1250

75th Birthday Celebration Sovereign: 750

Thanks for this information.

Looks like my 75th Birthday SotD Sovereign prediction was right after all, including the 750 mintage. 😛
 

 

Edited October 25, 2023 by westminstrel

[westminstrel]

18 minutes ago, paulmerton said:

Is the birthday sovereign likely to be the same thing but with a privy mark? Or just the same thing in BU with a plain edge?

It can’t be same as the 2023 BU with plain edge as that was the Coronation SotD Sovereign right?

My guess is either a privy mark or an uncrowned portrait (unlikely to be both lol!)

[jultorsk]

1 hour ago, Zhorro said:

If the King's Birthday Celebration Sovereign is available on 6th November, does this mean that it is not a Strike On The Day sovereign but something else?  The King's birthday is 14th November so it seems strange that the "Birthday Celebration Sovereign" is being released on the 6th November.  

Also, a mintage figure of 7,500 for the 2024 Proof Sovereigns seems low - I was expecting 15,000-20,000.

It's good the Sovereign LEP is lower at 7,500, but there are the additional ones from the 5/4/3-coin sets to be counted as well.

[westminstrel]

2 minutes ago, jultorsk said:

It's good the Sovereign LEP is lower at 7,500, but there are the additional ones from the 5/4/3-coin sets to be counted as well.

Also likely a 4-coin set exclusive to the Royal Mint as usual.

(Which you’ve mentioned!)

[SiCole]

1 hour ago, Zhorro said:

If the King's Birthday Celebration Sovereign is available on 6th November, does this mean that it is not a Strike On The Day sovereign but something else?  The King's birthday is 14th November so it seems strange that the "Birthday Celebration Sovereign" is being released on the 6th November.  

Also, a mintage figure of 7,500 for the 2024 Proof Sovereigns seems low - I was expecting 15,000-20,000.

Sounds like it will be sold to be a SOTD sovereign. The coronation ones were sold prior to the day.

Probably look identical and you will need to send in with box for NGC to class it as the 75th birthday on the grading.