Queens Beasts 1oz Griffin Gold Now Out Of Stock at the RM

[Midasfrog]

The Gold Beasts are hitting new record prices on the Royal Mint Bullion site today. The 1oz Griffin is showing as out of stock for the first time , only available in tubes of ten now.

Prices 1oz Dragon £1548 , Griffin 1oz £1555.57 (out of stock) , Lion 1oz now £1707.92 😨 

[Frost]

£1637 at Bleyer Bullion https://www.bleyerbullion.co.uk/1oz-gold-queens-beasts-griffin-2017

[Cornishfarmer]

19 minutes ago, Frost said:

£1637 at Bleyer Bullion https://www.bleyerbullion.co.uk/1oz-gold-queens-beasts-griffin-2017

If anyone wants can have mine for £1500!!

[freefall]

If anyone’s looking for one they are £1237 at ATS bullion. Showing 4 in stock. 

https://www.atsbullion.com/one-ounce-gold-coins/queens-beast-one-ounce-gold-griffin-2017/#.XR2t_yXTWEc

[Fastnick]

ATS now out of stock 

[xthomasx]

Any ideas why the Griffin 1oz gold bullion is so sought after? It is far more expensive than the lion... The quarter-ounce gold have similar prices here...

[KDave]

Are the RM still producing the early coins or have they just been selling off stock? Its down to preference but the griffin in 1 oz gold is the most attractive of the set imo, not worth paying silly money for though its still a bullion coin at the end of the day.

[FoolzGold]

1 hour ago, xthomasx said:

Any ideas why the Griffin 1oz gold bullion is so sought after? It is far more expensive than the lion... The quarter-ounce gold have similar prices here...

Probably down to numbers (supply/demand) as much as anything else. Before the RM went dark with their sales figures they revealed that they sold 22,707 Lions, 13,159 Griffins, and 14,456 Dragons. So there are 72% more Lions than Griffins out there.

We don't know how sales of later coins have been but there has probably been an uptick over time as more people started collecting the series. That said I suspect the jump in the gold price has maybe had an impact on sales of the Yale and may impact the remaining coins if prices stay high... Difficult to say how the prices of each coin may vary in the long term.

[goldmember44]

I think when the Griffin proofs will come out they'd fly off the shelves... quick sellout.

[KDave]

52 minutes ago, goldmember44 said:

I think when the Griffin proofs will come out they'd fly off the shelves... quick sellout.

Saving the best until last I reckon 👍

 

[goldmember44]

8 minutes ago, KDave said:

Saving the best until last I reckon 👍

 

I'll start saving up already

[Martlet]

8 hours ago, FoolzGold said:

Probably down to numbers (supply/demand) as much as anything else. Before the RM went dark with their sales figures they revealed that they sold 22,707 Lions, 13,159 Griffins, and 14,456 Dragons. So there are 72% more Lions than Griffins out there.

And yet they only just sold out, which is odd. 

[Abyss]

The last three 1oz Gold Queens Beast coins will not garner premium as long as the next one yet to be released. On the European Mint website the Bull, Falcon and Yale listed at the same price but I have now noticed that the Bull is out of stock. Anyone buying multiple QB 1 oz Gold coins waiting more favourable Gold spot price can afford to wait and buy the last three released in the series (wouldn’t wait to long) at the same time.

As for earlier released QB coins nice to see how well premiums appreciated for those already own the coins but big premium for collectors wanting to back date the series.