NEW St. George and the Dragon coin with Garter inscription

[Alz111]

1 hour ago, tpcob303 said:

I just noticed that people are starting to receive their George Micheal coins already and not a single Great Engravers is yet to be dispatched or received. 

The mint is certainly messing with its customers.

Probably be despatched next week now 

[tpcob303]

17 minutes ago, Alz111 said:

Probably be despatched next week now 

From what I have now been told from a source by their AM, expect Great Engravers to be dispatched Mid March now for 2oz Silver. 

[Petra]

🤔just gotta have faith🤔😮

[Allgoldcoins]

Yes RM confirmed today dispatch of Great Engravers starts week starting March 14th - I just got to tell my customers now 😒

Edited February 29 by Allgoldcoins

[westminstrel]

Well well well… 

https://www.ebay.co.uk/itm/126354974016

[Paul]

43 minutes ago, westminstrel said:

Well well well… 

https://www.ebay.co.uk/itm/126354974016

To da'mooooooooooooon 🚀🚀🚀 ! 

Doubt it'll get bid up to far with that low feedback score however

[Petra]

7 minutes ago, Paul said:

To da'mooooooooooooon 🚀🚀🚀 ! 

Doubt it'll get bid up to far with that low feedback score however

People with the money to think about buying this will probably wait until some appear on a ‘proper’ auction site and know that the amount they are spending is pretty safe🤔😮

[westminstrel]

1 hour ago, Paul said:

To da'mooooooooooooon 🚀🚀🚀 ! 

Doubt it'll get bid up to far with that low feedback score however

 

52 minutes ago, Petra said:

People with the money to think about buying this will probably wait until some appear on a ‘proper’ auction site and know that the amount they are spending is pretty safe🤔😮

True and true. Don’t really get how people can spend high 4-figure sums on eBay. 😵‍💫

[GoldDiggerDave]

1 hour ago, Paul said:

To da'mooooooooooooon 🚀🚀🚀 ! 

Doubt it'll get bid up to far with that low feedback score however

I could list one here to bid on.  

[BackyardBullion]

2 minutes ago, GoldDiggerDave said:

I could list one here to bid on.  

[Paul]

5 minutes ago, GoldDiggerDave said:

I could list one here to bid on.  

Can i pay a fiver a week if i win it ?

[Shadab]

What is the general consensus here on the group for this new GE coins?

Is it okay to buy 5oz/10oz silver proof if I get a chance at reasonable price?

[GoldDiggerDave]

16 minutes ago, Paul said:

Can i pay a fiver a week if i win it ?

Ok £5 per week and you can have it delivered in 2400 weeks once paid in full. 

[Paul]

7 minutes ago, GoldDiggerDave said:

Ok £5 per week and you can have it delivered in 2400 weeks once paid in full. 

46 years to pay off  

[Shadab]

Taking inflation into account, if you are very young...it's a solid deal to have and definitely worth a lot more in future even in gold terms if not real value. 

[GoldDiggerDave]

4 minutes ago, Paul said:

46 years to pay off  

Quicker than a wonga loan 🤣

[Paul]

1 minute ago, GoldDiggerDave said:

Quicker than a wonga loan 🤣

46 years of safe deposit storage costs saved 

[NGMD]

29 minutes ago, Shadab said:

reasonable price?

You need a mortgage broker? I’m sure there’s a few on here. 

[Silverlocks]

37 minutes ago, Shadab said:

What is the general consensus here on the group for this new GE coins?

Is it okay to buy 5oz/10oz silver proof if I get a chance at reasonable price?

It would be ok at a 'Reasonable' price, but the majority will fall in value from their retail price, so buying at RRP is more likely to lose you money than otherwise.  I suggest keeping an eye open on the secondary market and getting a sense of where they settle out to.  More often than not (quite a lot more often), you'll lose money on high-value proofs if you buy them straight off the RM's web site at retail.

Edited March 1 by Silverlocks

[Shadab]

Thank you but I am very specifically talking about 2024 Great Engravers. It has been 3 weeks now so I thought it would give enough time to sense how it went hence I will get some answers if I can buy now or wait?

[Silverlocks]

1 minute ago, Shadab said:

Thank you but I am very specifically talking about 2024 Great Engravers. It has been 3 weeks now so I thought it would give enough time to sense how it went hence I will get some answers if I can buy now or wait?

It will take longer than that for the secondary market to settle, I think, maybe 6-12 months.

[tpcob303]

Just now, Shadab said:

Thank you but I am very specifically talking about 2024 Great Engravers. It has been 3 weeks now so I thought it would give enough time to sense how it went hence I will get some answers if I can buy now or wait?

No one really knows, if you can find one from a dealer at RRP then you will still have to wait for it to be delivered. Thing is, everyone who has bought one no matter the weight or be it gold or silver and has bought it from the mint or a dealer is yet to take ownership of it as non have been dispatched by the mint as they are taking their sweet time sending the coins to those who bought one. In the mean time a bunch of other coins have been released and people are taking delivery of these wierd looking cartoon coins. So the reality is we are in another dimension and nothing is real and you are just dreaming about the 2024 GE coin as it doesn't exist. 

[marston59]

If the gold price keeps rising the Royal Mint may put another premium on the gold coins, they have done this before.

[Shadab]

2 hours ago, tpcob303 said:

No one really knows, if you can find one from a dealer at RRP then you will still have to wait for it to be delivered. Thing is, everyone who has bought one no matter the weight or be it gold or silver and has bought it from the mint or a dealer is yet to take ownership of it as non have been dispatched by the mint as they are taking their sweet time sending the coins to those who bought one. In the mean time a bunch of other coins have been released and people are taking delivery of these wierd looking cartoon coins. So the reality is we are in another dimension and nothing is real and you are just dreaming about the 2024 GE coin as it doesn't exist. 

Fair point however the dimensions will collide in the next 2-3 weeks or rather we will all be back living in the same boring dimensions we always have been. Coming back to my question, I completely understand when you/others say we have to give 6-12 months to see how it does which is a fair point but I was asking about the feeling related to this release. Offcourse I am not going to come back in 12 months to hold you/other responsible because eventually if I pay £1K for 5oz silver and it crashes, I am the only one to blame. 

With everything we have known so far, design, mintage...do we think it could be a winner and by winner I did not mean matches Una.

[tpcob303]

4 minutes ago, Shadab said:

Fair point however the dimensions will collide in the next 2-3 weeks or rather we will all be back living in the same boring dimensions we always have been. Coming back to my question, I completely understand when you/others say we have to give 6-12 months to see how it does which is a fair point but I was asking about the feeling related to this release. Offcourse I am not going to come back in 12 months to hold you/other responsible because eventually if I pay £1K for 5oz silver and it crashes, I am the only one to blame. 

With everything we have known so far, design, mintage...do we think it could be a winner and by winner I did not mean matches Una.

Can you elaborate on "how I feel"? I'm not sure if I'm meant to give an emotional response or how I feel the market will be in this time. 

It's just speculation at the moment. 2019 una did well, will this coin do well in secondary market? Maybe but its going to take time. 2013 was the last time we got a silver proof pistrucci and there was a mintage of 10,000 and a pf70 can fetch decent money over RRP or a second hand raw or pf69. So it will do better than the 2013 coin for sure will it do better than una? I think it will do slightly better than 3 graces due to the mintage but only graded pf70 will see the highest premiums for silver, gold I don't know, but only time will tell. 

Don't expect most coins to do well considering due to mint QC is always lacking.