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Should I get the 1/4 proof gold Queens Beast?


Kman

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I'm struggling with the choice whether or not to get the gold 1/4 proof Queens beast

It's hard to justify it as an investment, it could do well, I wouldn't be shocked if it turns out to be a popularly collected set but as a new range and without any history it's guesswork. 

At £455 it doesn't seem like it's leaving a ton of room for profit in future

Getting two 2017 bullion sovereigns with a mint mark instead seems a much safer bet.. but it's just not as sexy and there isn't as much potential upside, but no real potential low side either hmm

I don't want to be suckered in too much into collecting side of things, but @Phrophet800 pictures just make it look so appealing ahhh

CSC_1104.thumb.JPG.45a72469c747234c37c9e

 

 

Help thread for members new to silver/gold stacking/collecting

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I'm struggling with the choice whether or not to get the gold 1/4 proof Queens beast

It's hard to justify it as an investment, it could do well, I wouldn't be shocked if it turns out to be a popularly collected set but as a new range and without any history it's guesswork. 

At £455 it doesn't seem like it's leaving a ton of room for profit in future

Getting two 2017 bullion sovereigns with a mint mark instead seems a much safer bet.. but it's just not as sexy and there isn't as much potential upside, but no real potential low side either hmm

I don't want to be suckered in too much into collecting side of things, but @Phrophet800 pictures just make it look so appealing ahhh

CSC_1104.thumb.JPG.45a72469c747234c37c9e94aa361f4ca.JPG

 

 


It is very expensive which can't be denied but it is a great looking coin. I don't regret getting one and I'm looking forward to getting a full set.
I think its a set for the future myself but I would say that [emoji6]

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I'd say NO, this coin looks fantastic .  £4500+ for the set if you want all ten for 2.5 Oz.    If it's a 1 off purchase maybe hoping that people will start collecting in the future and want to back date but that's not to say that they won't re mint the coin in future years.      If go for 1/4 Bu and 2017 sov.        Or if you have money to burn go for it

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I have not gone for the proof. The mintage is too high and at 2 per year i prefer to focus on the bu. If it has been 1000 mintage and £375 I would have been a buyer. I don't like to buy things that are almost certain to lose money in absolute terms. It's bad enough betting on the gold price and currency


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I've gone for a few 1oz and 1/4oz BU beasts and also 10 BU sovs. I think this will turn out to be good investment wise but as others say if you don't care about keeping value and just want a great coin then get it, it does look amazing!

The Gold Sovereign

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www.thegoldsovereign.com    |    contact@thegoldsovereign.com

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Wait a few years until they start to turn up at auctions.

Let the mugs who buy it first take the hit,buying the latest Proof coin from the Royal Mint is like buying a new car in that you are certain to lose money as soon as you buy it.

Like most of the Mints in the world they produce low mintage,rare coins and limited editions every month and have done for donkey's years.

You might hit lucky with one from time to time, then again you can also get lucky now and again buying scratch cards but you will never recoup your money.

If you love the coin and you are not bothered about losing money then buy it,if you are concerned that you might lose money then I wouldn't bother.

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i think this is one of the best looking coins the RM has produced but the price is too high.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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Everyone brings up good points in the discussion.  The coin is almost at 50 % percent sold from the royal mint.  If 95% of the sentiment of the forum is not to buy it and I would think that we are the core purchases of this then who bought the approx 1200 coins sold. 

Did the royal mint strike a deal with Apmex or mcm to sell hundreds at a huge discount so they can turn around and get them graded in their fancy label ngc or pcgs holders to sell to the public? I have yet to see any big bullion houses offering these coins. In fact I will call both companies on Monday and ask them if they will be having them available for purchase.

Another factor I see from being from the USA, this coin series has caught the attention of the entire world market, in that there are many collectors who couldn't give a crap about British collectible coinage but this series is different, original, and interesting and many coin collectors in the USA are buying and planning to buy it for the entire series.

I myself have ordered the 1/4 ounce proof to go with the bullion version I already have.  My plan is to get it graded - early releases and add it to the collection.  I also got the 1 ounce silver.  

Yes it is expensive but we only live ounce. ?

 

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2 hours ago, Pampfan said:

Everyone brings up good points in the discussion.  The coin is almost at 50 % percent sold from the royal mint.  If 95% of the sentiment of the forum is not to buy it and I would think that we are the core purchases of this then who bought the approx 1200 coins sold.

There are lots of people who buy from the RM and reputable dealers who wouldn't dream of the existence of a forum such as this let alone participate!

Profile picture with thanks to Carl Vernon

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Good question Kman! I have the same dilemma.

My musings....

It has a mintage of 2500, quite high but then again I bought a 2017 Proof Sov!

The proof sov was £430. 7.32g.

The bullion beast is unlimited mintage and will be for sale at HGM with a 5-8% premium over spot.

A bullion beast from the mint is already a considerable % over spot.

The quality of bullion beasts is poor, as is the RM bullion customer service. A proof beast will be perfect (or returned/replaced/refunded). The RM are quite capable of producing 'mint' coins.

Not everything is an investment. Sometimes you buy something because you want it, like an Alfa :P

Over the composition of this message, I decided and bought one......I mean, just look at it! :wub:

 

 

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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Good question Kman! I have the same dilemma.

My musings....

It has a mintage of 2500, quite high but then again I bought a 2017 Proof Sov!

The proof sov was £430. 7.32g.

The bullion beast is unlimited mintage and will be for sale at HGM with a 5-8% premium over spot.

A beast from the mint is already a considerable % over spot.

The quality of bullion beasts is poor, as is the RM bullion customer service. A proof beast will be perfect (or returned/replaced/refunded). The RM are quite capable of producing 'mint' coins.

Not everything is an investment. Sometimes you buy something because you want it, like an Alfa [emoji14]

Over the composition of this message, I decided and bought one. Can't wait to receive it!

 

 


Haha you won't be disappointed (unless it has a scratch [emoji6] )

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Lol  actually you are to blame sir!

It was your photos of the coin that I fell in love with.

Cheers :rolleyes:

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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I liked the bullion coin a lot. But when the proof was revealed, well...

It's beautiful. So simple, the bullion coin now looks fussy. And the stippled background? Ugh.

I'd wager JC is particularly proud of his proof.

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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Just received my order of the 1/4 ounce gold proof from the royal mint.  It was shipped across the sea in a flimsy little mailer package.  Opened it to find the insides in good order and took a look at the coin.  Fantastic, a masterpiece.  Absolutely stunning, etc.  I think it was well worth the money spent on it.  The silver 1 ounce is also very nice.  Pictures will follow shortly.

have already shipped both off to ngc for grading.  

 

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On 12/17/2016 at 15:33, sovereignsteve said:

There are lots of people who buy from the RM and reputable dealers who wouldn't dream of the existence of a forum such as this let alone participate!

True, it took me a good six months of ghosting before posting.

The problem of this kind of website/community is to manage to show-up on the first page of a generic Google search: Not easy.

It is not easy either to find a forum where people talk about gold/silver bulion without mentioning the end-of-the-world-as-we-know-it, fighting over a deer carcass and gold at $100,000 an ounce. The latter tend to crowd said Google search results.

 

 

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1 hour ago, Vacendak said:

It is not easy either to find a forum where people talk about gold/silver bulion without mentioning the end-of-the-world-as-we-know-it, fighting over a deer carcass and gold at $100,000 an ounce. The latter tend to crowd said Google search results.

Preppers :ph34r:

 

Help thread for members new to silver/gold stacking/collecting

The Money Printing Myth the Fed can't and don't money print - Deflation ahead, not inflation 

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