2024 Proof sovereign

[Zhorro]

I'm in, but I can't find the coins!!!!

[Alz111]

Just now, Zhorro said:

I'm in, but I can't find the coins!!!!

https://www.royalmint.com/sovereign/2024-sovereign/

[dvl]

Chards - free delivery + lower prices

 

 

[Zhorro]

It is sad how little excitement this set has generated.  Going back a few years the Forum would have been buzzing at the release of a proof sovereign.

[Olivard]

No quarter, quintuple or piedfort . Presume they might come later.

[Zhorro]

7 minutes ago, Olivard said:

No quarter, quintuple or piedfort . Presume they might come later.

The proof quarter and quintuple are in the sets.  The proof piedfort and matte BU quintuple are usually released in June/July.

[Petra]

Hope all you whales enjoy your purchases! I suppose the next thing will be slabbed ones and set splitting to help pay for them🤔😮😃

[JohnV66]

Unless the Royal Mint are holding back stock, they're selling nonetheless. I count 786 in stock. Dealers have an unknown amount.

I'm estimating total 1 sovereign mintage at around 8,950 +/-.  Which is pretty good.

[Petra]

3 minutes ago, JohnV66 said:

Unless the Royal Mint are holding back stock, they're selling nonetheless. I count 786 in stock. Dealers have an unknown amount.

I'm estimating total 1 sovereign mintage at around 8,950 +/-.  Which is pretty good.

They state on the RM site 7500 for the single sovereign 😮

[JohnV66]

Just now, Petra said:

They state on the RM site 7500 for the single sovereign 😮

That's just the single 1 sovs on their own.  Add in the 1 sovs in the sets too.

[Clockpuncher]

Good to see they’ve brought the 5 and 2 sov mintages way down, but I don’t think this will save these coins from being a steer clear and buy on the secondary market in years to come.

 

[Chrisplym]

Does anyone believe that this may a longer term winner with it being the first King Charles III George and Dragon sovereign and the lower mintages?

[Shinus73]

5 minutes ago, Chrisplym said:

Does anyone believe that this may a longer term winner with it being the first King Charles III George and Dragon sovereign and the lower mintages?

Mintages are similar to 2019, which has not been a winner yet, although a lot has happened since then.....

[CoinCupboard]

1 hour ago, Zhorro said:

I'm in, but I can't find the coins!!!!

Their website is terrible to navigate. 

They need a 10 year old kid to do their website design. 

[JohnV66]

4 minutes ago, Shinus73 said:

Mintages are similar to 2019, which has not been a winner yet, although a lot has happened since then.....

2019 had a total mintage of 13,000 (incl. sets).

2024 mintage is closer to 2010 - 2012.

[GoldDiggerDave]

10 minutes ago, Chrisplym said:

Does anyone believe that this may a longer term winner with it being the first King Charles III George and Dragon sovereign and the lower mintages?

Honestly I can see them being like mid 90’s proof sovereigns, low mintage low demand, due to inflation etc etc.  Could they come good over time ?  100% yes.  
 

 

[Clockpuncher]

2 minutes ago, GoldDiggerDave said:

Honestly I can see them being like mid 90’s proof sovereigns, low mintage low demand, due to inflation etc etc.  Could they come good over time ?  100% yes.  
 

 

Albeit the lack of a bullion alternative in the mid 90s forces anybody looking to do a date run in to the low mintage proofs which underpins prices a bit along with the small mintages - whereas bullions will be plentiful and cheaply available here.

[Darr3nG]

4 minutes ago, GoldDiggerDave said:

Could they come good over time ?

But flipper need profit now!!!

 

Are you grabbing a 5-set @GoldDiggerDave?

[apachebleu]

 I'm not touching these, been an expensive few years for sovs and this is just a plain one for the hard-core sov fans. I know the mint are saying its the first definitive charles and g+d together but that's not really a desirable thing for me and really pushing it to make this seem special

 I do appreciate the uncrowded portrait though, should help the coronation coin remain special.

[refero]

725 gbp is just killing the market. how can possibly this proof sov keep this value over time? (we are talking about a 90% premium over spot, which is already at its all time high)

[Chrisplym]

It is interesting how few of the graded Coronation sovereigns have come to the market even though the mintage was high.

[goldmember44]

Mintage is low, similar to the 2022 Platinum Jubilee one, which is definitely attractive for the long term. I'm getting one graded.

[JohnV66]

1 minute ago, refero said:

725 gbp is just killing the market. how can possibly this proof sov keep this value over time? (we are talking about a 90% premium over spot, which is already at its all time high)

I half expected them to jack up the price to £750 - 825. 

Consider this a small mercy  😁

[goldmember44]

Just now, JohnV66 said:

I half expected them to jack up the price to £750 - 825. 

Consider this a small mercy  😁

Well, with the price of gold seemingly on an upward incline for the time being with global political instability, this list price might be a bargain when compared to next year's prices.

[Shinus73]

18 minutes ago, JohnV66 said:

2019 had a total mintage of 13,000 (incl. sets).

2024 mintage is closer to 2010 - 2012.

TBH - I was looking at the 2 and 5.

The difference between 9000 and 13000 for the sovereign doesn’t seem that significant to me. Demand won’t be that high at > £700.