THE 65TH ANN. OF THE CORONATION OF HM QUEEN 2018 STRUCK ON THE DAY FULL GOLD SOVEREIGN

[fehk2001]

Anyone will get one of these ?

 

[SovTracker]

Mmmmm. I collect all Sovereigns but I think I will give this a miss.

If you look back at all the Strike on the Day Sovereigns where there is no difference to the Normal Issue Sovereign the price has not moved.

Why pay £500 for a Brilliant Uncirculated Sovereign?

Now if it had some distinguishing mark that made it unique, then fair enough.

I will bring this up again with the Royal Mint.

[sovereignsteve]

How many of these anniversaries are they gonna do?

65 that's naff, 70 might be worth doing.

[Harry]

 More sh!te.................. every occasion seems to be a coin! 

[Augustus1]

was considering this but glad thought about it now with more wiser heads than mine saying its over sold

dean.m

[Guest]

I have ordered 3 of these today for myself and 2 for @RegalStacker. Unlike last year (apart from the Pistrucci) these are a unique design (the Privy) and recognisable as a variety. The specification says Maximum Mintage 650 which means they will not create another SOTD the same as this one like they did in 2017.

I like modern low mintage varieties and I like the 650 maximum mintage of this one. I will be grading mine and keeping them until such time as a silverforum desperado begs me for a MS70 DPL rare sovereign and then I will take one out of the safe and agree a price, perhaps a small profit. 

I hear you guys and you may very well be right @sovereignsteve 65 is a weak anniversary but on the other hand there is no guarantee of a 70 at all. 

I am not making any form of recommendation on this one - it is riskier than the 2017 editions for sure. On the other hand I did check the sold listings for the February 2017 Sapphire SOTD and the last one sold for £1000 or therabouts...

 

[CoinStruck]

Yes I have ordered and paid for one. 650 is a low mintage and the privy mark looks good. 

[kimchi]

35 minutes ago, Numistacker said:

I like modern low mintage varieties and I like the 650 maximum mintage of this one. I will be grading mine and keeping them until such time as a silverforum desperado begs me for a MS70 DPL rare sovereign and then I will take one out of the safe and agree a price, perhaps a small profit. 

For me this really resonated as spot on. If you like it and want it in your collection and have the funds to spare, and are not missing out on other opportunities (not limited to PMs), can afford to possibly indulge yourself, then it's for you. As an investment? Certainly not, for me (could be just as wrong as anyone else there!).

65 may be a bit 'weak' but none of us will ever see the like again. I think we're being prepared for the next generation and Charles will take over very soon, one way or another. Should the 70 ever occur though that would make this more desirable as part of the QE anniversary 'set' imho.

I also think it's a nice 'partner' to the 2018 Proof, and to last year's SotDs if you have them all.

Too rich for me though lol.

[Cornishfarmer]

With this be available with you @ChardLizzie?

[Guest]

These SOTD sovereigns are specialist and do not appeal to everyone.  I am ok if i am wrong about this one but i sense:

1. A growing world market for Sovereigns.

2. That the mintage of this is low enough to make it a sought after specialist coin.

I am also conscious that:

1. Almost all modern mint issues apart from the 2017 proof and bu sovereigns are losers

I took the decision to buy 2 on my RM account interest free and one using 150 of free cash from Quidco to help subsidise it. Thats my rationale and it may be that these will appear on the secondary market at £300 i dont know. If I saw them at £300 in 2 years I would buy more I think as they might be the lowest mintage modern strike on the day sovereign that is unique. 

Many of the earlier SOTD were same as the regular sovereign and not gradeable unless mint sealed. This one follows from the plain edge in that it is unique. Billion does not have the privy mark.

Proof mintage 10,500 coins

2018 Bullion Coin - Mintage - tons and tons

2018 Sapphire Coronation -  mintage 650 units or about 5% of the proof mintage

 

 

[Cornishfarmer]

@Numistacker just watched your video about what makes a rare sovereign.    see you have one with a 65th anniversary with privy on.    If they do too good of a job on this one and the bu looks like a proof they could cause confusion like they did with the 2017 sotd bu

[Roy]

Same design as the proof version only in BU...and with a plain edge?

And more expensive than the proof?  Wait...what?

 

Ah....mintage of 650 

[kimchi]

4 hours ago, Numistacker said:

I am also conscious that:

1. Almost all modern mint issues apart from the 2017 proof and bu sovereigns are losers

Not correct at all - there are numerous recent examples showing that, not least the Queen's Beasts.

???

[Guest]

Not correct at all - there are numerous recent examples showing that, not least the Queen's Beasts.
???

I was not thinking of bullion and I think Queens Beasts bullion might be sound. Queens beasts proofs bought from the mint are not winners unless I am mistaken.

[kimchi]

Just now, Numistacker said:

 

 

I was not thinking of bullion and I think Queens Beasts bullion might be sound. Queens beasts proofs bought from the mint are not winners unless I am mistaken.

 

This is a bullion topic (albeit this one will be DPL), but even bullion Beasts aside (more than sound at present!), the Beast proofs are doing OK and showing very good signs imho - certainly can't be written off as 'losers' so soon. The 2018 proof Sovereign will do well. Back to bullion and the 2017 regular Sov is a long-term winner due to the privy, it will never lose. Other examples from last year.

[Guest]

This is a bullion topic (albeit this one will be DPL), but even bullion Beasts aside (more than sound at present!), the Beast proofs are doing OK and showing very good signs imho - certainly can't be written off as 'losers' so soon. The 2018 proof Sovereign will do well. Back to bullion and the 2017 regular Sov is a long-term winner due to the privy, it will never lose. Other examples from last year.

The BU DPL coins are very different and not bullion. They are pressed 3 times and handled carefully.

Beast proofs doing ok? I have not seen many secondary market sales yet but the one I noticed was a 1/4oz Proof at £100 or so less than mint price on eBay. Deduct selling costs and that’s a big loss.

The 2018 Sovereign has only ever reached about £30 less than mint. Allowing for selling costs that’s a £50 loss.

The 2017 privy bullion Sovereign will always sell for less than 2002 2005 2012 Bullion Sovereigns and more likely £3-5 premium next 20 years.

I maintain that most buys at mint price are more likely to lose than gain.

[fehk2001]

7 minutes ago, Numistacker said:

 

The BU DPL coins are very different and not bullion. They are pressed 3 times and handled carefully.

Beast proofs doing ok? I have not seen many secondary market sales yet but the one I noticed was a 1/4oz Proof at £100 or so less than mint price on eBay. Deduct selling costs and that’s a big loss.

The 2018 Sovereign has only ever reached about £30 less than mint. Allowing for selling costs that’s a £50 loss.

The 2017 privy bullion Sovereign will always sell for less than 2002 2005 2012 Bullion Sovereigns and more likely £3-5 premium next 20 years.

I maintain that most buys at mint price are more likely to lose than gain.

 

https://www.ebay.co.uk/sch/i.html?LH_Auction=1&_osacat=0&_odkw=2018+proof+sovereign&LH_Complete=1&LH_Sold=1&_from=R40&_trksid=p2334524.m570.l1313.TR0.TRC0.H0.Xbeast+gold+proof+coin.TRS0&_nkw=beast+gold+proof+coin&_sacat=0

 

beast 1/4 proof are actually doing fine ebay auction ( auction normally fetch less than fixed price ) 

2018 sovereign is still new I think they will do well later 

[Guest]

https://www.ebay.co.uk/sch/i.html?LH_Auction=1&_osacat=0&_odkw=2018+proof+sovereign&LH_Complete=1&LH_Sold=1&_from=R40&_trksid=p2334524.m570.l1313.TR0.TRC0.H0.Xbeast+gold+proof+coin.TRS0&_nkw=beast+gold+proof+coin&_sacat=0
 
beast 1/4 proof are actually doing fine ebay auction ( auction normally fetch less than fixed price ) 
2018 sovereign is still new I think they will do well later 

That link is inflated asking prices.





Sold prices are not totally dire but they are not strong generally.

[fehk2001]

7 minutes ago, Numistacker said:

That link is inflated asking prices.

it is auction not fixed price so it is what buyer willing to pay  , so probably depends on when u sell it and who sells it, looks like german dealer takes a hit  but sells uk to uk seems fine 

secondly dragon and bull are relatively new coins same as 2018 proof sovereign 

[Guest]

it is auction not fixed price so it is what buyer willing to pay  , so probably depends on when u sell it and who sells it, looks like german dealer takes a hit [emoji3] but sells uk to uk seems fine 
secondly dragon and bull are relatively new coins same as 2018 proof sovereign 

That’s my point. Secondary buyers are not willing to pay over mint price apart from where they feel supremely confident like 2017 Pistrucci Sovereigns.

[fehk2001]

3 minutes ago, Numistacker said:

 

That’s my point. Secondary buyers are not willing to pay over mint price apart from where they feel supremely confident like 2017 Pistrucci Sovereigns.

 

yea even 2017 takes a few months to go up properly but once it taken off it went up to 600/650? , I think now a raw coin is about 700+ so it is a steady increase 

and half sovereign 2017 doing decent as well 

 

 

[westminstrel]

According to the specifications, this is a PLAIN EDGE Sovereign, so I would think it is different enough to be at least a little sought after once the initial 650 have been sold out.

Or are you guys saying that even with the plain edge as a differentiator this Sovereign is a “no deal”? 

Though who knows, they may yet release more variations later this year and make the 2018 releases an eventual debacle like they did the 2017, since it seems they’ll pick any occasion at this point to release something new :-/

[Guest]

3 minutes ago, westminstrel said:

According to the specifications, this is a PLAIN EDGE Sovereign, so I would think it is different enough to be at least a little sought after once the initial 650 have been sold out.

Or are you guys saying that even with the plain edge as a differentiator this Sovereign is a “no deal”? 

Though who knows, they may yet release more variations later this year and make the 2018 releases an eventual debacle like they did the 2017, since it seems they’ll pick any occasion at this point to release something new :-/

Exclusive to this edition of The Sovereign 2018 is a plain, rather than milled, edge and a mint mark featuring the number ‘65’

I didn't notice this before but this does seem to differentiate it sufficiently I think and since I bought 5 for me and Regal and Robert over in the USA bought 2 thats 1% accounted for in 3 people ))

 

 

[ShaolinStacker]

8 hours ago, Numistacker said:

 

That link is inflated asking prices.

Aq



Sold prices are not totally dire but they are not strong generally.

 

I Sold 4 PF70 1/4 proof Dragons for $1200 each and 1 $800 on Ebay. Have 2 left that have been sitting for a while at 800$

[xthomasx]

22 hours ago, fehk2001 said:

Anyone will get one of these ?

 

 

Not sure yet. I would have skipped it if it was just a BU version of the 2018 Proof. I guess the plain edge will eventually push me over the edge  .

I'll check, and when it says 'over 80% sold', I'll make up my mind...