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Paul

2oz Gold - Una & Lion - Stick, Twist, Hold, Flip ? What would you do ??

2oz Gold - Una & Lion - Stick, Twist, Hold, Flip ? What would you do ??  

53 members have voted

  1. 1. If you owned a gold Una & Lion what would you do ?

    • Look to flip it for an immediate profit NOW and get whatever you can over what you paid for it while interest is there
    • Keep it for x6 months to see what it sells for in the secondary market once all have been dispatched
    • Wait a year until the dusts settled and you know what a few have sold for
    • Wait until all The Great Engravers series is finished to see how it has been received by the market & then decide
    • Keep it for 5-10 years - medium term
    • Keep it for 10-20 years - hold it long term
    • Keep it in your stack for life regardless - until retirement/grandchildren inheritance


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I would also flip now and just reinvest back into gold, if the economy does take a down turn i dont think people will be buying into mega high premium gold, will be more concerned with weight over design.

Could add a decent bit of weight to your current stack with the premium on that 1 Una coin..

Just my opinion though😃

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Cheers guys for the input - its a head scratcher to know what to do for the best - who would have thought stacking would be this stressful to make the right decision 

I don't have the spare cash to to £4k a pop for the full series, thats too rich for me @AgD

Down the road, i think this would be a coin you would sell via a specialist coin auction/sale as opposed to eBay, where the catalogue is under the right sort of noses (ie those who worldwide, minted & rich !) 

It also doesnt help when a coin grows and you and its the favourite in my stack now :( 

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@Paul I have never seen you so active on the forum! 🤣

I don't blame you, many congrats on a superb pick up!!! :D

6 minutes ago, Paul said:

Down the road, i think this would be a coin you would sell via a specialist coin auction/sale as opposed to eBay, where the catalogue is under the right sort of noses (ie those who worldwide, minted & rich !)

It always was imho, was befuddled by folks looking at ebay!

The known unknown at this point is how many are in the hands of serious collectors (will never sell) and how many are in the hands of those with two minds (perhaps like yourself).

Fascinating and I am glad to be watching from the sidelines on this one because it (i.e. do I take 5k profit here, 10k profit a bit later, will it be worth £100k in fifty years and I will kick myself) would stress me out tbh!!!

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1 minute ago, kimchi said:

do I take 5k profit here, 10k profit a bit later, will it be worth £100k in fifty years and I will kick myself) would stress me out tbh!!!

you nailed it !! @kimchi 

dont get me wrong I will stacking precious metals but the designs on the front of a 1oz gold coins doesn't really bother me - its is 1oz of gold to me 

the collector, hoarder, risk vs reward, inside me seems to want me to hold it 

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I hear ya bud, it's early days though, I think you can safely let things settle a bit and still always make a great return :)

Maybe just see any profit as a bonus (?) Whatever it is, when you come to sell (if you ever do, I've a feeling you may not 🤣) you've done great, lucky so'n'so!!! :D

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What is a realistic sale price for these, you see some buy it now's on ebay for £25,000 but that cannot be right surely. 

With all big premium coins like this it is finding the right buyer at the right time at the right price.

Personally (if I had one) I would flip for the profit and move on, I have done it on others and have no regrets. 

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38 minutes ago, sovereignsteve said:

Depends what you can get for it now. If I could double my money I would sell now. Otherwise I would sit on my hands and see how the market looks to be deveoloping. Be flexible.

 

21 minutes ago, BackyardBullion said:

What is a realistic sale price for these, you see some buy it now's on ebay for £25,000 but that cannot be right surely. 

With all big premium coins like this it is finding the right buyer at the right time at the right price.

Personally (if I had one) I would flip for the profit and move on, I have done it on others and have no regrets. 

Cheers @sovereignsteve & @BackyardBullion always nice to hear your valued opinions on what you would do

Polls seems to be split down the middle - which helps my decisions no end.

I will just keep trimming cardboard boxes here at home to pass the time as im too tight to pay out 9p each for mailing stiffeners :) 

£3,995 / 9p  if i just trim another +44,388 boxes I will have saved enough for another list price gold Una 

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5 minutes ago, kimchi said:

Pretty sure it was 4k, so not a small investment.

 

5 minutes ago, kimchi said:

Pretty sure it was 4k, so not a small investment.

I got it royal mint direct for list price £3995, £2k an Oz !!!! Eeeek......bad for the stack average, but hopefully some upside with this :)

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It's not going to be possible really to establish a particular price level for the gold, because of the incredibly low mintage and high desirability...meaning most coins would likely never change hands. Hence low liquidity, not enough to establish a trend. Sales will be few and far in-between, and the price will solely depend on how eager the buyer is, and how desperate the seller is to make a sale. No two sales will likely be for the same amount.

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42 minutes ago, goldmember44 said:

It's not going to be possible really to establish a particular price level for the gold, because of the incredibly low mintage and high desirability...meaning most coins would likely never change hands. Hence low liquidity, not enough to establish a trend. Sales will be few and far in-between, and the price will solely depend on how eager the buyer is, and how desperate the seller is to make a sale. No two sales will likely be for the same amount.

Agreed. I don't see either the gold or silver making a huge profit in % terms in the long run. They will always be a reproduction and not the 'real thing'. Gibraltar, Alderney, St Helana have all produced their own so others will follow. 

That said I'm sure the gold will alway sell for a decent profit. I voted for waiting till the series is done, if it grows in popularity then demand should take off. 

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37% would flip but almost all those 37% don't have one to flip so its not  realistic.  225 coins and my guess is we will see about 20 bought by the original customers change hands. Most dealers bought for customers so do not have any stock.  I do not expect to see a realistic repeatable £20k but I can see £8-10k and at this level I would not be a seller.

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I don't know if there's going rate" for this as of yet but I can only imagine it going up in future

So really you have all the time in the world to decide what you want to do, you've already won though, so whatever you do well done. 

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Since this is part of a new series, it's true potential may be reached when the third one is launched.

Edit: On top of that, it may become even hotter when there is a new portret on the British coins.

Edited by Ceaiu

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