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Zhorro

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  1. These IOM coins seem to have more of a buzz on eBay than the GB military fifty pence pieces that were issued last week.
  2. Hopefully, all those people taking short positions in the gold paper market will be getting their fingers burnt!
  3. The 1872 half sovereign with Die 229 is not listed in Marsh - very nice!
  4. In the "2019 Matt Finish Sovereign" thread (on Friday morning) two people reported buying the SOTD sovereign for £416. Also we know that dealers are able to offer coins below the Royal Mint's issue price, so they must get them at a discount for this to happen.
  5. I am not sure you are correct about this. I was born in 1958 and I have been told I will receive my State Pension at 66. I think your figures are out of date. I got the following from the which.co.uk website: "From December 2018, the state pension age will rise for both men and women, until it reaches 66 in October 2020 and 67 between 2026 and 2028. The state pension age looks set to rise again to age 68 between 2037 and 2039, although the revised timetable hasn't been confirmed." Sorry!
  6. I took a conscious decision not to buy the Matt SOTD “VR” mint mark with plain rim sovereign even though I knew about it three weeks in advance. I bought the standard Matt sovereign in Spring and I was very pleased with it (even though the packaging was a bit tacky – i.e. no nice wooden box). But if I have been given a choice (i.e. knew in advance) about the standard Matt sovereign and this SOTD sovereign, I would probably have just bought the SOTD coin (even though the advertised issue price was £500 compared to that of the standard Matt sovereign of about £365). But what is frustrating is that the Royal Mint does not produce a full list of its forthcoming coins so that interested parties can take informed decisions as to what to buy. Now, if you are a flipper, I guess your hope is to have your money tied up in a coin only for a short time before you sell it on with a mark up. If this is the case then you are probably quite happy for the Royal Mint to issue lots of varieties of coins as this gives you more chances of making money. However, if you are collector you have to think very carefully about buying a coin because your money could be tied up in it for decades ahead. As a collector, once you realise that your collection can never be fully complete (unless you set your collecting parameters very narrowly) then the desire to have every variety evaporates and you can concentrate on buying just what you like. We are told that this SOTD sovereign is a £1,000+ coin, but for this amount of money you could buy four bullion sovereigns or three older proof sovereigns or three decent condition Victorian sovereigns. Most collectors have gaps in their collections, so what do you do, fill three older gaps and create one new one, or just fill the new gap created by the Royal Mint? This SOTD sovereign has also been interesting in that I have learnt about VIP buyers at the Royal Mint who are able to buy coins at a substantial discount (and presumably have priority access to new coins?). This, plus the Royal Mint’s unwillingness to set out a clear schedule for its new issues, has certainly dampened my interest in these specialised low mintage coins.
  7. So, this is something else that makes this coin special - a strike on the day which is not struck on the right day!
  8. You just got in before me, but I'll still make my points. At first sight, 45 million German people owning gold does seem a lot. However, we have to remember the economic history of Germany: 1) In the early 1920s Germany suffered from hyperinflation, and 2) Towards the end of WWII the Reichmark had almost been rendered worthless due to inflation. These economic events would have wiped out the value of any savings – and this is probably still remembered. Add to this the current concern about Deutche Bank, and maybe one can see why Germans like to hold gold. Also, the Germans have one of the lowest home ownership rates when compared to other advanced economies, so not as much of their money is tied up in this type of asset and so it seems that they have money available for gold – unlike in the UK. Maybe a German member could comment on this?
  9. This just highlights why I think the Royal Mint should issue at the start of the year a list of all their forthcoming releases. The regular Matt proof sovereign has a max mintage of 25,000 at £365 per coin, whereas this SOTD Matt proof has a maximum mintage of 650 at about £500 a coin. If we had this information at the start of the year I bet a lot of people would just go for the SOTD coin. Perhaps this is why the Royal Mint refuses to publish a comprehensive list of forthcoming releases.
  10. Last week I bought all 5 BU certified from Change Checker on eBay for £19.95. I guess some people just don't look around. And after all, I thought the BU issue was unlimited!
  11. On Thursday the new gold and silver versions of the Samuel Pepys £2 coin were released. Despite the prices and mintages being similar to recent 50p issues (there were only 225 gold Pepys £2 [with a max issue of 350]), there seemed to be hardly any interest in the precious metal versions of the Pepys £2 (the gold £2 is still available at the Royal Mint three days after release). There was certainly nothing like the near hysteria which surrounded the recent releases of the Peter Rabbit, Stephen Hawking, Gruffalo, and Snowman, 50p coins. Which leads to my question, why are the 50p pieces so popular? Is it the designs/subjects on the £2 coins that are not as popular? The Pepys design may not be brilliant, but there have been some good £2 designs (e.g. the 2015 Royal Navy Battleship, the 2015 Magna Carta, and the 2017 Jane Austen), but as a collectable coin, the £2 does not seem to be anywhere near as popular as the 50p. So, are the £2 precious metal coins “sleepers”, are the 50p coins over-hyped, or is there something else?
  12. I've just received an email from the Coin Connection publicising the gold and silver versions of the £2 Samuel Pepys coin. https://www.thecoinconnection.co.uk/product-category/british-coins/
  13. Hi, it is good to hear from you. I think the Royal Mint is milking ALL its series! If they were to produce less coins, they would have more time to spend on the designs. To me, the 2019 Peter Rabbit is very similar to the 2016 issue, only the 2016 had more detail as it was a close up, whereas the 2019 is a three-quarters length portrait. I think the Royal Mint missed an opportunity with the Stephen Hawking 50p. If they had made the coin in high relief the black hole would have looked superb, but I fear they are too busy rushing to think about these things.