Key year date gold Sovereigns from the Royal Mint

[longplay]

Had a bit of a random email from RM today, couldn't see anyone else mention it:

Quote

Among all the Gold Sovereigns minted during Her Majesty's lifetime there are a handful that stand out, and we have acquired a very small number of a key year date at a fanatastic [sic] price. Due to the small qunatities [sic] available, we are only able to offer this coin on a request basis.

Somewhat vague, but if you're a collector of Sovs, might be worth getting in touch.

[Darren9330]

I had the same email, I sent a reply but nothing back from them

[sovereignsteve]

Just now, Darren9330 said:

I had the same email, I sent a reply but nothing back from them

me too, I didn't reply😉

[Xander]

# Me Too.

[CadmiumGreen]

Same here...for a very brief moment I had a bad feeling that the Queen had passed...and then saw it was just another randomly vague Royal Mint email trying to have me call them from the US and rack up a $15 phone call. 🙄

[westminstrel]

Apparently it’s the 1957 Sovereign. A lot of hype for nothing.

[GoodAsGold]

40 minutes ago, westminstrel said:

Apparently it’s the 1957 Sovereign. A lot of hype for nothing.

That was the first year date for Queen Elizabeth sovereigns, even though she became Queen in 1952. The big questions are what year will she appear on the sovereign for the final time and will there be 2 issues that year to include the new monarch?

[westminstrel]

Yes I know that. But the 1957 isn’t rare, and it’s being sold by the RM at £395. So the statement that they’ve acquired a key year date at an attractive price seems like marketing hype.

Regarding your other question... I would think it will depend on when HM passes and Charles crowned king. Of course he will accede to the throne immediately, but there is usually a one year “mourning” and “preparatory” period before the coronation of the next monarch. 

If HM passes before the following year’s Sovereigns are struck (they are usually struck around October/November), then there’s no reason why the RM would do two designs for the following.  They could, but probably there are laws that govern when a monarch’s effigy needs to be replaced.  I have no idea but would be a good research project, or maybe someone who knows people at the Mint can ask what the laws are or where we can find them. 

[FlorinCollector]

I replied to the email and then a phone call. All of the prices were to high. I was told they have the glorious 1989 sovereign that you must have. I said i already had it and paid 1100. She sounded shocked as she tried to offer me it for 1850. Both 2002 and 2005 were about 750. 2012 was 1350 if i remember correct. 

[sovereignsteve]

They are over-priced for everything and they can't grade to save their lives, well overly optimistic.

[TheGoldSovereign]

On 08/03/2019 at 03:48, westminstrel said:

Apparently it’s the 1957 Sovereign. A lot of hype for nothing.

I was going to reply and say its probably 1957s, they can be picked up now and then for very very low prices so not a big deal.