Queens Beast Gold Coin Premium

[RoughDog]

Just noticed that the Queens Beast griffin and dragon premiums looks to have followed the Lion and had a big increase in price at Royal Mint Bullion.

Anyone got some thoughts on the new prices?  

I was contemplating buying the quarter dragon as I would like to collect the series.  Not sure it is sensible now at over £300.

I was under the impression that paying big premiums on gold maybe OK for collecting but not a wise investment to make.

Could someone really recoup this premium when selling?

Thanks.

[kimchi]

They're now at just under £297 each, aren't they? That's what I'm seeing.

It's a clear pattern so if you have the first two and want to collect the set I'd say buy the rest as soon as you can/they come out and just take the hit on the one coin (the dragon). Saying that though they may still be cheaper elsewhere, I'd have a good shop around

[CosmikDebris]

I bought the Dragon and Griffin last Monday at around  £270 each. Right now they are £308+  I cant believe they have increased that much in less than a week! And the spot price is lower than when I bought. They must be coming to the end of sales. They can be found for less if you shop around.

[kimchi]

Royal Mint Bullion are showing £296.94 for me (?)

[CosmikDebris]

9 minutes ago, kimchi said:

Royal Mint Bullion are showing £296.94 for me (?)

Bizarre! £308.85 for me!

[augur]

12 minutes ago, kimchi said:

Royal Mint Bullion are showing £296.94 for me (?)

That's the price for 50+ coins 

1 minute ago, CosmikDebris said:

Bizarre! £308.85 for me!

That's the single coin price. 

Royal Mint upper the price Friday midday. I hope they lower the premium when they do a sale. 

[CosmikDebris]

13 minutes ago, kimchi said:

Royal Mint Bullion are showing £296.94 for me (?)

Ah, that's the volume price for 50+ If you click on the item it shows the price for one, two etc

[kimchi]

1 minute ago, CosmikDebris said:

Bizarre! £308.85 for me!

I'm sorry my mistake - that's the price on 50+. They got me on the old 'from' headline figures lol.

Blimey that is a lot isn't it 

[CosmikDebris]

1 minute ago, kimchi said:

Blimey that is a lot isn't it 

Damn right it is!

I noticed that they have removed the -25% banner for the dragon and griffin too!

[FlorinCollector]

When looking into it I had seen that they stop producing each queens beast bullion a year from when they go on sale. 

 

[RoughDog]

42 minutes ago, kimchi said:

Royal Mint Bullion are showing £296.94 for me (?)

The key word missing is From.

I only want one that price is for a quantity of 50+

[RoughDog]

I've been looking at different websites almost every day for months.  The Griffin and Dragon have been sold out for a while now.  I was expecting the quarters to disappear from the mint site anytime.  Didn't expect the price hikes for the quarter ounce. 

They currently sell 1/10 Britannia for £108.49.

Gold wise a quarter ounce equivalent price is 2.5 times 108.49 = £271.22.

1/10 Britannia is cheaper than any quarter ounce beastie.

So the question remains.  Is gold just gold?  Would a better investment be to buy 1/10 Britannia's or is it likely that someone will pay a collector premium for a gold beast.

Some people apparently pay crazy premiums for proof coins?

Thoughts?

[CosmikDebris]

https://www.yorkshirebullion.co.uk/gold-coins/ 

Griffin and Lion here, might be movement on price if you ask!

[kimchi]

1 hour ago, RoughDog said:

The key word missing is From.

I only want one that price is for a quantity of 50+

I'm not quite sure I follow, perhaps if a fifth person on the same thread could explain it all again I might get it

I had just come from looking at Proofs so that is my excuse here. It's not like I'm easily confused e.g. which end of the sock goes on first etc or anything

Still staggered at the price

How much for a Lion or Griffin MS69 then I wonder?

[Frenchie]

I am looking everywhere for the 1 oz gold Griffin at a decent price but no way...Thought some UK dealers (for ex UKBullion)  have them in stock at the right price, but I can buy to them as they don't sell and ship abroad  

[RoughDog]

8 minutes ago, kimchi said:

I'm not quite sure I follow, perhaps if a fifth person on the same thread could explain it all again I might get it

I had just come from looking at Proofs so that is my excuse here. It's not like I'm easily confused e.g. which end of the sock goes on first etc or anything

Still staggered at the price

How much for a Lion or Griffin MS69 then I wonder?

You have to watch out for those beastie lions they bite harder than count Dracula.

[RoughDog]

9 minutes ago, Frenchie said:

I am looking everywhere for the 1 oz gold Griffin at a decent price but no way...Thought some UK dealers (for ex UKBullion)  have them in stock at the right price, but I can buy to them as they don't sell and ship abroad  

Better get looking down back of sofas and taking extra odd jobs and save for the magical 1 oz unicorn.  That big ounce is next for the big bounce.

[kimchi]

11 minutes ago, RoughDog said:

You have to watch out for those beastie lions they bite harder than count Dracula.

I'm sure there's no need to bring Prince Charles' favourite ancestor into it

My MS69 Lion is a pussycat, just wonder what she's worth now

[Frenchie]

10 minutes ago, RoughDog said:

Better get looking down back of sofas and taking extra odd jobs and save for the magical 1 oz unicorn.  That big ounce is next for the big bounce.

Will get it too 

[FlorinCollector]

Just now, Frenchie said:

Will get it too 

If what I have read is correct you will have till September before the price increase happens for the Unicorn  

[Frenchie]

Yes better to get the previous ones at the right price and then selling them...Better to sell some Lions now to get the next ready to rise on the list (dragon) 

[Roy]

I'd sell the first 4 in a natty box for the right money ?

[FlorinCollector]

I have the Lion and Griffin. Were meant to be investments but I think I got attached. 

[Cornishfarmer]

@Frenchie

http://www.goldline.co.uk/bullionCoins.jsp?coinId=278&yp=246

[kimchi]

2 hours ago, JCRJM said:

I have the Lion and Griffin. Were meant to be investments but I think I got attached. 

Unless you're not prepared to ever let them go, they are looking like very good investments indeed right now I'd say!