2017 Indian sovereign availability?

[Goldhooked]

5 minutes ago, kimchi said:

If bought from an Indian dealer on credit card, would it be covered by CC insurance if it/they never arrived?

Anyone know?

 

Probably, if it was a no show.  If something arrived that was 'not as described'  the credit card company might still require it to be returned to the seller at your cost.

[kimchi]

17 hours ago, Jester said:

The more I hear about these, I think I'm of a like mind with Steve.  They're well-struck bullion Sovs in pretty packaging with a hefty price tag and what appears to be hype in waiting (or in the making).  I still have some other Sovs higher on my Want List to more than zero out my available PM dollars.

I think they're 'very nice' (to say the least!) from the two I bought, compared to the bullion royal mint 2017s (which I love also), in both quality of strike and presentation. That said, they are bullion at the end of the day. I'm happy to have them as 'curios' but I don't see them as being 'key' whatsoever to any sovereign collection (disclaimer - I am still a newbie with Sovs, and certainly not a collector!) because folk can simply not bother with them, as Steve said.

I do think the mintage might be low, as none have been pictured numbered above the 9000s that I've seen (I understand mintage isn't capped but they don't have that long left - do they - ?). But at the end of the day it's a lovely Sov beautifully presented and nothing more (imho).

A hundred quid's a huge extra premium just because the limited supply sold out the first time. I don't see any reason for that beyond the mint not being able to keep up with an unexpected demand as of now (and if they milk it that may change in a few weeks). I can picture quite a few sat around in Indian dealers that I linked to earlier. Not many Sov 'collectors' in India somehow I think, they just like gold! I also don't see the hype on Ebay you've mentioned @Numistacker, am I missing something beyond folk asking £1k for these and failing to find a buyer?

 

[Kman]

43 minutes ago, PolarPanda said:

For anyone interested -> https://www.thegoldbullion.co.uk/buy-gold-sovereigns/british-full-sovereign-2017-gold-coin-in-certicard/ 

@Jester They also don't ship to Belgium so... I feel your pain...  

They also have 49

Do the dealers have to order them in batches of 49 

[sovereignsteve]

7 minutes ago, Kman said:

They also have 49

Do the dealers have to order them in batches of 49 

probably minimum 50 but they wait until they have one order before they buy

[Kman]

Just now, sovereignsteve said:

probably minimum 50 but they wait until they have one order before they buy

"2017 Certicard Gold Sovereign" I also notice neither say it's an Indian sovereign

Why could this be? 

[Roy]

54 minutes ago, Jester said:

The more I hear about these, I think I'm of a like mind with Steve.  They're well-struck bullion Sovs in pretty packaging with a hefty price tag and what appears to be hype in waiting (or in the making).  I still have some other Sovs higher on my Want List to more than zero out my available PM dollars.

Great minds think alike?

I thought I'd kill the hype with my spoof sales post but it appears to be too subtle. 

Or maybe I added to the fever?!

Don't worry folks if you missed out on these, I'm soon going to release for sale my collection of 1982 bullion half sovereigns.

1982 was a key year for sovereigns. Quite a few minted but most of these got melted down or ended up in rings belonging to chaps called Wayne. Get a bit of 80s history!

It also marked the start of the Falklands conflict and the Mary Rose, the flagship of Henry VIII was raised in the Solent. GOLD!!!!

Sorry only 1 coin per member.

 

 

[ChrisF]

@kimchi which dealer did you use?  Im interested to see if anything turns up? 

[Kman]

Anyone got any idea why British dealers wouldn't list the Indian sovereign as Indian and just carded instead? are they not suppose to be sold outside of India? seems too odd to be a coincidence that both UKBullion and TheGoldBullion have done this. 

[IOSILVER]

4 minutes ago, Kman said:

Anyone got any idea why British dealers wouldn't list the Indian sovereign as Indian and just carded instead? are they not suppose to be sold outside of India? seems too odd to be a coincidence that both UKBullion and TheGoldBullion have done this. 

 

Aren't UKBullion & TheGoldBullion the same company when looking into the websites more at depth? So they would have the same descriptions.

[Kman]

4 minutes ago, LewisRichards said:

 

Aren't UKBullion & TheGoldBullion the same company when looking into the websites more at depth? So they would have the same descriptions.

Oh 

I wonder if they have 49 total between both sites to sell 

[Murph]

10 hours ago, sovereignsteve said:

Not for me, I've left this "series" well alone.

At a small premium, maybe, but they didn't get off to a good start in my eyes by trying to charge a very large premium initially.

They're just bullion after all

Yes, the 1918 is the only Indian sovereign for me.

[Murph]

4 hours ago, kimchi said:

 

I do think the mintage might be low, as none have been pictured numbered above the 9000s that I've seen (I understand mintage isn't capped but they don't have that long left - do they - ?). But at the end of the day it's a lovely Sov beautifully presented and nothing more (imho).

 

They could continue minting any years as long as they want.  They could still mint 2017 ones in 2022 if they haven't put a limit on them.

[IOSILVER]

57 minutes ago, Kman said:

Oh 

I wonder if they have 49 total between both sites to sell 

They are both part of "Group International Limited". Not sure if they would share stock mind both being listed as separate companies. But 49 is a random number to have.

[IOSILVER]

On 09/13/2017 at 21:16, Murph said:

They could continue minting any years as long as they want.  They could still mint 2017 ones in 2022 if they haven't put a limit on them.

This is a quote from information about how many will be produced. Doesnt actuslly give a figure mind, but once the tools have been used to their maximum capacity... 

 

"These tools will either be returned to South Wales when worn out or rendered unfit for further production, or be physically defaced in India by the Royal Mint technical personnel."

[Kman]

On 9/13/2017 at 21:16, Murph said:

They could continue minting any years as long as they want.  They could still mint 2017 ones in 2022 if they haven't put a limit on them.

They're done under license from the Royal Mint, I don't think they can just do whatever they please like that.  

 

[Kman]

UkBullion now showing 24 in stock hmm can't think they sold 25 

[sovereignsteve]

On 13/09/2017 at 17:13, Roy said:

I thought I'd kill the hype with my spoof sales post but it appears to be too subtle. 

Didn't see that one @Roy, very good

[blab]

These Sovs aren't legal tender. They are made for gifting in Indian marriages etc.
Its just hype again from individuals.

Don't think ill be getting one now tbh.

[Kman]

UKBullion only have 9 left

If they sold 40 for £345+ then label me shocked 

[MikeSol]

Maybe we will see 40 of them on eBay tomorrow for £500 each 

[ChrisF]

7 hours ago, Kman said:

UKBullion only have 9 left

If they sold 40 for £345+ then label me shocked 

Im sure there are 40 idiots in the UK, maybe a few more 

[kimchi]

Still in stock.

I have to say that UKBullion have let me down for a second time. After overcharging me through simple negligence ~£13 on my first order of two of these coins they then offered me a discount code on this second batch. Not that I was interested at this price, but I did ask them to send me the code anyway in case the price fell, and they haven't.

If a company messes up charging you the first time I don't think they should ask you to make a further purchase to 'make things good', and I have told them that from the start. However had the coins been priced in the same bracket as the first batch I would have been happy enough, I guess, with the discount, but not overly enthused about the company (despite some aspects of their service - the follow up call to make sure I was happy (I was with the coins but not for being overcharged!), and delivery and packaging being very good indeed - being very welcome).

I won't use again.

 

 

[arcglide]

TheGoldBullion currently have 47 in stock at £284

 

https://www.thegoldbullion.co.uk/buy-gold-sovereigns/british-full-sovereign-2017-gold-coin-in-certicard/

 

Referer code removed

 

 

 

 

 

[Kman]

UKBullion (apparently another site of theGoldBullion) has them @ £281 but not sure about codes

If they sold 49 at £350 fairly quickly why would they sell these for £280? 

Doesn't seem true does it. 

[arcglide]

UKBullion (apparently another site of theGoldBullion) has them @ £281 but not sure about codes

If they sold 49 at £350 fairly quickly why would they sell these for £280? 

Doesn't seem true does it. 

 

..will let you know

 

Sorry - its the "refer a friend" (via email address) that provides the £10 off (over £250 spend)