UK first £100 for £100 silver coin... Big Ben 2015 (seriously?)

[motorbikez]

Its OK now

[barney]

Hi Motor, Firefox but there web site was running slow

[Danny-boy]

Is this a sign of a high demand?

It's been in the paper and on BBC news website, and the mail shot.

[motorbikez]

Is this a sign of a high demand?

It's been in the paper and on BBC news website, and the mail shot.

 

Could be Danny, its also on the business section of the BBC's teletext and I haven't seen that before for a coin.

[barney]

more like the same ten people try to log in again and again

[Danny-boy]

It's been intimated that I may well be getting one of these for my birthday in 2 weeks.

Won't do much to lower my £/oz, but it would be a pretty cool gift.

[silversword]

£100 face value is ridiculous - that's the same as a 1oz gold Britannia. Call it OCD but that doesn't sit very well with me.

[motorbikez]

It's been intimated that I may well be getting one of these for my birthday in 2 weeks.

Won't do much to lower my £/oz, but it would be a pretty cool gift.

 

 

What's this Danny your Mam making amends 

[Danny-boy]

What's this Danny your Mam making amends

Yes it is actually.

I could never tell her the Christmas set was base metal, so she's just being nice really.

But yes, she'll be making amends secretly in my head [emoji1]

[motorbikez]

Nice one Danny

[Kman]

These seemingly don't serve any purpose for me

 

If I'm going to sit on £100 id prefer it to be more liquid/recognised form aka in the bank or cash

 

If im going to buy precious metals im sure there are a lot more semi numi choices with better potential upsides

 

If you like it because you're a collector I suppose you aren't going to lose anything.  

[Danny-boy]

If you like it because you're a collector I suppose you aren't going to lose anything.

Apart from interest and inflation!!!

[Kman]

Apart from interest and inflation!!!

 

Yep, well, in terms of fiat you have what you had before, until those things  

[daniel.yrh]

just curious (since I am not residing in UK)... how easy it is in UK to bring your Big Ben to a bank teller/merchant and make payment for £100?

 

from what I read online, those $20 for $20, $50 for $50, $100 for $100 coins from RCM are accepted by banks and the mint depends on whether they want to take them in... So it is not 100% that one can get back his fiat.

[motorbikez]

It is unlikely a shop would accept a £100 coin, but most banks would and the post office will. Why are you so concerned when you are not interested in the coin anyway.

[daniel.yrh]

well if the £100 and £20 are generally accepted at banks and post offices in UK, then it is still OK to get a few of these since there is nothing to lose (you still get to convert your coin back to £). Thanks for the answer. 

[Danny-boy]

Just noticed one on eBay already, £166.50 delivered.

[mr-dead]

A waste of money if you ask me.

 

You either keep it as a £100 coin and watch its buying power reduce year on year through inflation or hope silver goes to the moon in which case you would be better off buying £100 worth of silver to start with,

[garthy]

A waste of money if you ask me.

 

You either keep it as a £100 coin and watch its buying power reduce year on year through inflation or hope silver goes to the moon in which case you would be better off buying £100 worth of silver to start with,

 

Or buy one, show your kids, nieces, nephews and friends, hold on to it for a couple of years, have a chance of it increasing in value due to it's low mintage and collectable properties, sell it for a profit, if not just take it to your local post office and turn it back to paper.

 

Let's face it you'll get next to nothing having £100 sitting in the bank.

[motorbikez]

A waste of money if you ask me.

 

You either keep it as a £100 coin and watch its buying power reduce year on year through inflation or hope silver goes to the moon in which case you would be better off buying £100 worth of silver to start with,

 

That's your opinion and with inflation very low, potentially on paper loosing a pound or two a year isn't going to break anyone.This coin is aimed at collectors who tend to hold coins because they like them not to turn them over for a few quid.Funny how a few originally hostile attitudes towards this coin are now changing.

[daniel.yrh]

Just noticed one on eBay already, £166.50 delivered.

 

wow this is crazy... I can still add one in my shopping cart for £100 + £12.50 shipped to Singapore.   

[redrug]

From the write up on the RM site, we should expect to see more £100 coins - "Or, as a proud citizen, keep it at the heart of your collection – you will be able to add new editions as they are released and watch your set grow over time."

[garthy]

Just looking at the sold listings on ebay and someone's paid £750 for this coin, madness!

 

http://www.ebay.co.uk/sch/i.html?_from=R40&_sacat=0&_nkw=%C2%A3100+silver+coin+big+ben&LH_Complete=1&rt=nc

[HighlandTiger]

Just looking at the sold listings on ebay and someone's paid £750 for this coin, madness!

 

http://www.ebay.co.uk/sch/i.html?_from=R40&_sacat=0&_nkw=%C2%A3100+silver+coin+big+ben&LH_Complete=1&rt=nc

 

You clicked on the completed auction button, not on the sold button.

 

http://www.ebay.co.uk/sch/i.html?_from=R40&_sacat=0&_nkw=%C2%A3100+silver+coin+big+ben&LH_Complete=1&LH_Sold=1&rt=nc

 

Only one sold and a little less than £750

[garthy]

HT I always thought anything highlighted in green was a sold price, if you click on the £750 one it does say 'one sold' though it does seem pretty excessive.

 

http://www.ebay.co.uk/sch/i.html?_from=R40&_sacat=0&_nkw=%C2%A3100+silver+coin+big+ben&LH_Complete=1&rt=nc