£20 Coin

[ChrisSilver]

Just had an email from the Royal Mint now less than 2000 left get em while you can!!!

Big premiums here we come!!!

Awesome. I am hoping to get rid of most of mine when they have sold out at the mint and then use the money to buy a couple of Pandas maybe.

[Danny-boy]

I just bought one more seeing as there was a coupon for free shipping in the email.

If anybody else wants free shipping (it's free if you buy 3 anyway but this means you can buy one for £20 delivered), the code is:-

E1506A

[Pete]

Don't get over excited about the long term value of limited mintage coins.

I have a few South African 2 Rand 1Toz PROOF 1995 coins with a mintage of only 1,743

In the coin catalogue it is KM#154

Not sure I could sell much above scrap metal value - but why ?

[Danny-boy]

Because nobody wants them Pete.

That's what it's all about, it's a gamble.

Some low mintage coins do nothing, some high mintage coins triple in price.

It's hard to judge in most cases.

[Pete]

Hope the 2014 Stock Horse takes off because I just placed my order with EMK.

The 2013 coin is attracting high premiums already.

 

As for the Silver Rand - who can predict the interest ?

Not sure there would be a super-heated enthusiasm over the £20 silver coin with the general public especially with the RM charging face value.

[Danny-boy]

I hope the stock horse takes off too, I have two carded and two capsuled on the way.

The £20 coin will, more likely than not, always be worth about £20 until silver reaches £100/oz. My opinion.

[Pete]

I hope the stock horse takes off too, I have two carded and two capsuled on the way.

The £20 coin will, more likely than not, always be worth about £20 until silver reaches £100/oz. My opinion.

 

Who will be the first person to try and pay for goods in a store like John Lewis or M&S or in a supermarket with a £20 coin ?

I look forward to the Youtube video appearing.

Good luck to the pioneers.

[Keithoil]

I have already tried.

 

Costa coffee said Maybe!, The ladies at the lottery desk did not know what it was and so I explained but I guess they still would not take it. The post office also did not know what it was again I explained.

[thesoundman]

Well off the back of this thread I have two on the way 

 

Just incase they go nuts... 

 

Wasn't going to bother tbh but i've given in 

[Keithoil]

Just checked they have now sold out of the first issue of the £20 coins!!!

 

Now we wait for the price rises. Hopefully.

[HelpingHands]

It won't be long until the second in the series comes out. 

[Danny-boy]

It won't be long until the second in the series comes out.

Yes, because the first in the series was a roaring success. Ha ha

[ChrisSilver]

This doesn't sound so good "The next £20 fine silver coin will be struck to commemorate the outbreak of the First World War with a limited edition of only 150,000."

"As Britain’s first £20 coin has sold out, we are pleased to announce that the second of these collectable coins will soon be revealed."

[HelpingHands]

Worst case scenario, you can pay off your credit card at the bank with them.

[Keithoil]

Have you seen this only sold out by a week or so and they are already fetching a premium.

[Danny-boy]

There have been a few selling for £23-£28 for quite a while now, even when they were still available from the mint for less.

Silly ebayers.

Still only £22.30 after fees, and they were more expensive from the mint (if bought singly).

[Keithoil]

Yes we need to wait until they are selling for £30-£35.

[ChrisSilver]

I don't think they will reach £30-£35.

I am going to sell a few soon, if I can make just £2 profit on each I will be happy.

[thesoundman]

Well mine turned up today   only time will tell if it was worth it....

 

These are the first coins I've got that weren't bought for bullion value, it might be the start of a slippery slope 

[Danny-boy]

Well mine turned up today only time will tell if it was worth it...

I had another one delivered this morning.

Nicer than I remember too.

[thesoundman]

Yep happy with them tbh, same design as the current sovereign.

 

Just had a quick look on ebay  

[ChrisSilver]

Yep happy with them tbh, same design as the current sovereign.

Just had a quick look on ebay

What are eBay prices like?

[ChrisSilver]

Someone is trying to sell for £39.95. If he sells for that price it will set a new precedent. And hopefully increase prices, I would love to sell at those prices.

Noticed he has already sold four: 2 @ £24.95 ea and 2 @ £29.95 each

http://www.ebay.co.uk/itm/2013-Royal-Mint-St-George-Dragon-20-Twenty-Pound-Solid-Silver-Coin-Ltd-Edt-/321361423816?pt=UK_Coins_Bullion_Bars_SM&hash=item4ad2a22dc8

[thesoundman]

Anywhere between £20.00 and £156.75, most seem to be around £30-£40.

 

That said most are "buy it now" or they have no bids. 

[Ares]

It'll be very interesting to see how this develops, might have to buy a couple of the second run.