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  • Опубліковано 22 чер 2024
  • Welcome to my channel, in today's video we look at if the special sovereign is being damaged by the Royal Mint.
    #royalmint #soverign #gold #preciousmetals
    This channel is dedicated to my stacking journey and the things I have learnt and experiences along the way.
    Giveaway - • Thank you all for the ...
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    If you enjoy what you see please also check out my Instagram: / the_islandstacker
    Email: theislandstacker@gmail.com
    For the record I am not a financial advisor and any opinions and comments shared in my videos are not to be taken as financial advice.

КОМЕНТАРІ • 24

  • @milessakauye8819
    @milessakauye8819 Місяць тому

    Just subbed as well. Saw your video on BYB. Good luck on your sub progress.

  • @ianbird7444
    @ianbird7444 Місяць тому +1

    SOTD Sovereigns are great but the pricing rules it out

    • @the_islandstacker
      @the_islandstacker  Місяць тому +1

      Definitely, double the metal price is just too much

  • @meteoman7958
    @meteoman7958 Місяць тому

    I can guarantee those special sovereigns will sell for gold in the fullness of time. When there is flood of rare made for collector coins, they become common as a group. E.g. my Canadian low mintage proof 5-9's gold coins.

    • @the_islandstacker
      @the_islandstacker  Місяць тому +1

      @@meteoman7958 if they carry on with all these "special" year ones then they will be just sold for spot

  • @rory7511
    @rory7511 Місяць тому +1

    Just subbed, BYB sent me👍

  • @dleetr
    @dleetr Місяць тому

    I don't think this issue, as dilution of available sovs. will impact the pricing of the recent special year sovs. They're more likely to face cold winds of high mintages, in a cooling market. As such, they're a long term hold.

    • @the_islandstacker
      @the_islandstacker  Місяць тому

      Perhaps, but just seems like a pointless thing to mint. Keep it till the 100 years.

  • @nates4310
    @nates4310 Місяць тому

    Royal Mint jumped the shark years ago

    • @the_islandstacker
      @the_islandstacker  Місяць тому

      Jumped the shark?

    • @nates4310
      @nates4310 Місяць тому

      Term came from a show, Happy Days I think, it got so bad they had an episode where Fonzie water ski jumped over a shark…
      The term became synonymous with a sinking company’s last wild attempt at relevance

    • @the_islandstacker
      @the_islandstacker  Місяць тому

      @@nates4310 ah right got you! Sorry didn't get the reference but yeah it seems they are in constant downward spiral

  • @UKDark_Mark
    @UKDark_Mark Місяць тому

    RM’s business development strategy is certainly flawed and by producing such items as shown in your video, they are further compromising their once good name. Sad indeed…….

    • @the_islandstacker
      @the_islandstacker  Місяць тому +1

      @@UKDark_Mark there are slowly turning into one of third tier mints that do weird knock off style coins