Proof Lion of England spotted ....

[Silvergun]

This morning at 8:30 the RM have available.

1 oz silver  = 3,363 

1/4 oz gold = 1359

Sales seem very slow to me , imo they are over priced and not as appealing as the bullion range.

[TheGoldSovereign]

As everyone points out these just won't hold their value. I'll buy in a year or two for 30% off and continue to buy the bullion set. The only thing that may make them good value is if the gold price increases a lot imho

[Pampfan]

Currently the pre-order period will determine how many the initial mint run will be.  The blanks for the coins are all available so they can ramp up production at any time to the mintage limit.

Per my conversation with a royal mint representative, the release date of the 1/4 ounce gold proof is Dec 14.  Also, I asked if a reverse proof version of the 1 ounce would be produced. To which she stated "possibly" but then quickly corrected herself.  Deal with  Apmex maybe? We will see!

I have put in an order for the 1/4 ounce gold and a 1 ounce proof silver to add to the collection. Will post pictures when received.

 

 

[Kman]

3 hours ago, sg86 said:

As everyone points out these just won't hold their value. I'll buy in a year or two for 30% off and continue to buy the bullion set. The only thing that may make them good value is if the gold price increases a lot imho

My gut instinct is that the silver 1 oz will do well, but usually when I feel like that I feel like it's the popular consensus on here too, that doesn't seem to be the case this time hmm

[richo]

I have looked forward to this proof all year (had my eye on the 1/4 gold), and typical RM taking all the excitement away with mintages that look way too high. Am probably leaving it.

[dazzerbooth]

Im out. Overpriced and not as sexy as the bullion version.  

[Guest]

I think it's the mintage that kills it for me and the cost relative to the number in the series. I would not be surprised if the Mintages were toned down ahead.


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[fehk2001]

2 hours ago, dazzerbooth said:

Im out. Overpriced and not as sexy as the bullion version.  

 

[Quicksilver]

I ordered when first available and Cancelled within 24hrs.

[Pampfan]

This coin has all the makings of a sleeper.  High issue price and low demand for it = will result in a low actual mintage. 

If you try to put the set together you will still need to get it = low mintage + high demand later on will result in higher prices in the future.  Same thing happened to 2009 high relief us $20 dollar gold piece.  That carries a huge premium over spot and they made 100,000 of them. Initially coin sold poorly at the time.

We will see- 

 

[Kman]

26 minutes ago, Pampfan said:

This coin has all the makings of a sleeper.  High issue price and low demand for it = will result in a low actual mintage. 

This is what I'm thinking, the actual mintage wont turn out to be nearly so high because there wont be the demand, then in coming years people will want the whole set and be coming back for them

I think the 1 oz proof silver will perform well eventually anyway, maybe the 5oz silver and 1/4 gold too, but not so sure on the rest. 

[Cornishfarmer]

I think it will be a great series to collect and will go up in value IF that's a huge IF they can be kept in mint condition and don't milk spot or 'rust' like the lunar horse,.    I'm rubbish at storing silver so I'll just enjoy the pics that other members put up

[Silvergun]

This morning at 8 :00am the Mint have available .

1/4 oz gold = 1343  sold 16 in 24 hours

1 oz silver   = 3037 sold 326 in 24 hours

[Kman]

1 hour ago, Silvergun said:

This morning at 8 :00am the Mint have available .

1/4 oz gold = 1343  sold 16 in 24 hours

1 oz silver   = 3037 sold 326 in 24 hours

The silver is more than I would have thought, not selling too badly 

[Silvergun]

33 minutes ago, Kman said:

The silver is more than I would have thought, not selling too badly 

Yes i agree , its a more affordable option to collect a set. but at £850 at today's prices for the set can you see any profit in the future ?

[Kman]

Just now, Silvergun said:

Yes i agree , its a more affordable option to collect a set. but at £850 at today's prices for the set can you see any profit in the future ?

I could sure

Silver Proof 2014 proof Britannia's were £92.50, you would expect to pay at least £200 now I would think if you can find one for sale, mintage was only 5,300 though and 2500 limited presentation 

That's a bit of an outlier perhaps as it's a very popular design

 I'm comfortable they will hold their value at worst and optimistic they could do better 

 

 

[Silvergun]

How much did this cost on release ? then  take into account ebay and paypal selling fees 

2016 Royal Mint 1oz Silver Proof Britannia. Boxed with COA.

• £62.00
• 14 bids
• Free Postage
•  
  View similar active items
  Sell one like this

• 27-Nov 19:15

[Kman]

14 hours ago, Silvergun said:

How much did this cost on release ? then  take into account ebay and paypal selling fees 

2016 Royal Mint 1oz Silver Proof Britannia. Boxed with COA.

• £62.00
• 14 bids
• Free Postage
•  
  View similar active items
  Sell one like this

• 27-Nov 19:15

 

There's a reason I said 2014

How much were the Peter Rabbit coins on release and how are they doing now? 

Can pick and choose winners and loses to point out but there's no doubt coins can do much better than their release price, whether they actually do we can only make educated guesses, time will tell. 

[Oldun]

 

http://www.ebay.com/itm/Royal-Mint-Proof-1oz-Silver-Britannia-2-Pound-Coin-2016-Display-Box-Capsule-CoA-/122184707526?hash=item1c72c6adc6:g:HAMAAOSwNRdYA6ho

 

This went for sale price.

The set has fared a little better and held its price (I actually picked a set up for less than The RM price as I don't pay VAT

http://www.ebay.com/itm/The-Britannia-2016-UK-Six-Coin-Silver-Proof-Set-/322337826330?hash=item4b0cd4e61a:g:D8IAAOSwA3dYNZ0c

 

 

 

[Kman]

This is the sales since since the very start of Wednesday

Silver 1oz - 3,401 vs 3,029 = 372

gold 1/4 - 1361 vs 1328 = 33

 

[sovereignsteve]

4 hours ago, Oldun said:

 

http://www.ebay.com/itm/Royal-Mint-Proof-1oz-Silver-Britannia-2-Pound-Coin-2016-Display-Box-Capsule-CoA-/122184707526?hash=item1c72c6adc6:g:HAMAAOSwNRdYA6ho

 

This went for sale price.

The set has fared a little better and held its price (I actually picked a set up for less than The RM price as I don't pay VAT

http://www.ebay.com/itm/The-Britannia-2016-UK-Six-Coin-Silver-Proof-Set-/322337826330?hash=item4b0cd4e61a:g:D8IAAOSwA3dYNZ0c

 

 

 

It's early yet. The 2014 set and singles weren't going for that much until earlier this year, then they suddenly exploded. I know the 2016 design won't be as popular but I expect them to make money at some point.

[Oldun]

Slow burners are better than shooting stars

[lightjaw]

My 1oz silver arrived yesterday. The best way to describe it would be........Meh. 

 

The bullion looks nicer. it's generally a bit ****. My opinion only though.

[TheGoldSovereign]

As i say, i'll get these in a year or two for cheaper than retail and still own a lovely set

[ARGAR]

Not the best coin imo.

There is a nice little info booklet inside, a dark brown box with bronze coloured writing

But I'll put them away in the drawer for the future.

I can post better pix If anyone is interested?