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

[prophet800]

Mmmm I know but they are nice

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[prophet800]

25 minutes ago, sovereignsteve said:

£455 though

Do it   lol

[sovereignsteve]

Ooh you tease!

[prophet800]

Ooh you tease!

Haha

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[Pampfan]

Better than £500 

has anyone noticed that the mint is almost sold out of the 5 ounce gold proof version.  Hard to believe that so many people have shelled out £8250 for it.

[Vacendak]

On 12/21/2016 at 10:46, Kman said:

Preppers 

 

Yeah those are total nutters. Like many around here, I buy silver to protect myself from lycanthropes. Shove a 2 oz. silver Queen's Beast in their face and watch them squirm!

 

[Vacendak]

13 hours ago, Pampfan said:

Better than £500 

has anyone noticed that the mint is almost sold out of the 5 ounce gold proof version.  Hard to believe that so many people have shelled out £8250 for it.

I saw that "thing" too. Nice and impressive... but... well... that would take a lot of explaining to the wife I think.

[Vacendak]

They also has a Kilo Coin for the Gold Lion QB.

http://www.royalmint.com/shop/u/uk17qbgk

Just a tallow fat Churchill banknote short of £50K. Nice way to max out the credit card.

Only twenty ever made though, so if you were hoping to buy them buy the tube of 25 like the Sovereign, bad luck to you.

 

 

[Pampfan]

Just checked the Royal mint website and now they have approx 1317 coins left - Seems odd because I could have sworn that they had 1250 left a few days ago when I checked.  Did that many people return them or cancel their orders?  Possible quality control problems?  It will be very interesting to see if the number left continues to go up.  If another 1682 coins are returned could I be the only one left in the world with one.  

Happy Holidays all!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

 

[Pampfan]

Sold numbers seem to be holding at about 1200 sold when checking the royal mint website. 

Quick question about the royal mint, when similar issues were released in the past with a maximum mintage number and they did not sell out, do they:

1) keep selling until all are gone?

2) keep selling until a specific date after which the product is no longer available?

The us mint has done both in the past and I think if the sales numbers hold to this level it will be very interesting to see what happens with the griffin and further releases.

[Pampfan]

As of now 1267 left of the 1/4 ounce gold beast at the mint. 

Just found out the results of My 1/4 gold proof coin being graded by ngc.  I believe it is the first one they have graded since there is no population report yet. The final grade was pf70 ultra cameo early releases.

Pictures to come once I receive it back from ngc.

 

 

[Pampfan]

Two perfect lions together for the first time:

[sovereignsteve]

At first I thought the proof looked "empty" with too few words etc but now seeing the two together, I much prefer the proof and think the bu is too busy.

[Pampfan]

Well 

tommorow is the last day ngc will be accepting the 1/4 ounce gold proof lion for early releases status.   Unless there are already coins at ngc to be graded, it could very well be that my example will be the only one in the world in grade pf70uc early releases.

I will be looking at the population report everyday for the next 4 weeks to see if any others pop up.

This brings up an interesting topic, as to what really makes a coin rare - is it mintage, grade, or grading ranks by an ngc or pcgs. 

I think for older coins it is mintage,  condition, and history.  

For newer coins just minted it seems to be third party grading in 70 condition, then all the other bull  additions by the grading services - first strike-special labels- etc.  

this in turn makes a coin of 5000 mintage into tiers of graded coinage:  by grade, release status, label,etc. for which we attribute a value on.  

What will future collectors think. 

What do you guys think. 

(Myself, I Just want some braging rights if it turns out my coin is the only one! LOL??)

 

[Kman]

15 minutes ago, Pampfan said:

What do you guys think. 

(Myself, I Just want some braging rights if it turns out my coin is the only one! LOL??)

 

Id be very happy in your position 

I see the bullion 70s are going for $200+ atm

 

[Pampfan]

8 minutes ago, shortstack68 said:

Early release is just another marketing ploy to get the masses to part with some more dollars for status, it's all BS really. The COA gives the true status of how early the coin was minted, thats more important than how quick you can get the coin to the TPG  and out of curiosity, what is your COA number?

P.s, your coin won't be the only one, i'll be sending mine in sometime this year when it suits me 

Coa was 0001 ( ?)

[Kman]

13 minutes ago, shortstack68 said:

The COA gives the true status of how early the coin was minted

Do they actually match up?

The 2017 proof sovereign I got was 400 something 

[Pampfan]

Just checked the royal mint website - They have 1212 left in stock - Which means 1288 have been sold.  Pretty poor sell rate out of all the other offerings from the mint.  

Also just checked the NGC Website and to my surprise my coin is still the only one which they have graded?

Just doesn't appear to be possible - 

So I have been debating with myself as to what should I do next:

1) Continue to collect the series?

2) Sell it to see what I can get for it?

3) Just hold on to it and not collect the rest of them?

4) Do nothing (Seems to work for a lot of people)

I think for now I will plan to continue the series.

(Heck - Someone has got to do it)

 

 

[mongo28]

The BU will appreciate 3x faster since the majority of the coins arrive damaged. (Queens cheek). The Proofs will be perfect, at least 1 in 3 will grade PF70, while 1 in ~1400 grade MS70 for the BU...

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[breaktwister]

They mispriced these.  I want one but just can't pull the trigger at this price.  Sad.

[Pampfan]

Just checked ngc website and it looks like they have only graded 3 so far - 2 @ 70 and 1 @ 69.  All three are early releases -

The mint still has 1157 left.  It appears that there is some momentum building on this coin.  A sell-out is possible. ????

 

[Kman]

The fact a lot are going to go unsold makes me want one more; be nice and rare 

[Guest]

Question is what will they do for the other 9? My guess is reduce mintage considerably. Even with the number sold at the moment the 1/4 QB won't be rare ever.


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[Kman]

28 minutes ago, Numistacker said:

Question is what will they do for the other 9? My guess is reduce mintage considerably. Even with the number sold at the moment the 1/4 QB won't be rare ever.
 

They were put on the Royal Mint Website on the 5th December with a mintage of 2500

On the 6th of December someone here checked how many they had - 1379

They now have 1157 left

They sold 1121 in one day and 222 since?!

222 seem like real sales, where did the 1121 go on the first day?

Unless they appear somewhere, I'm much more obliged to think there's only 222 kicking about 

 

[sixgun]

When the 2017 proof sovereign was released many here bought the coin with little to no hesitation. That included me.

As fully anticipated this coin has done well despite the highly inflated release price. 

This proof Queens Beast gold coin is part of a very popular series. There is no reason to imagine, save disastrous quality issues, this series will become any less popular. i imagine it will become more popular if the designs are of the same standard. 

The price is £455 for a proof. The mintage is 2500. 

I looked at the prices of proof 1/4oz gold from the Lunar series. i took a look on https://www.gold.de/kaufen/goldmuenzen/lunar-serie-ii/ 

Most of the years in the Lunar Ii coins aren't available from dealers. 

A proof Lunar II Rooster 1/4oz gold coin from http://goldsilver.be/en/gold/831-14-oz-gold-lunar-rooster-2017-proof.html is €422.79. 

i have part of a set of 1/4oz Lunar I BU coins - the prices of some of the coins is silly. 

This is a very popular series. I see these proof Queens Beasts as one of the most beautiful coins the Royal Mint has ever produced. 

The mintage is not large in the face of the popularity of the coin.

If i were to ask coin collectors around the world if they were aware of the Queen's Beast series, i expect the vast majority would be aware of these coins. If i were to ask them about certain Panda Rooster medallions there would be blank looks. 

If you want this gold coin and you can afford it, then get it. This will appreciate in value. The numbers are not that high for a very popular series and for a coin of such beauty.

i would be amazed if everyone on this thread doesn't like this coin. Everyone of us wants it. Get the coin if you can afford it.