Personally, I wouldn't even think about grading a bullion coin.....a waste of time and money. Keep them in a capsule and look after them and they are as good Gold...quite literally!!
Nice coins, shame the previous owner paid out to slab them. As for the car analogy, you can replace the window or sort the dent out. This scratch on Her Majesty's cheek is like that rattle inside that you cannot find to fix.
I chuckled at the car analogy. It was so apt. I also found myself agreeing with all of your comments. I’ve been focusing a lot less on the special design £5 proof sovereigns recently and started buying regular modern bullion sovs. But just like the £1 coins in your pocket they’re so boring to a lover of larger coins with different designs such as myself. Great for stacking, but lacking inspiration for collectors. So I’ve now switched to the occasional purchase of larger 1oz bullion coins instead. I bought the Robin Hood as a gift for my son who’s into his archery and I’m currently awaiting delivery of the 2016 Lion of England which you also mentioned. Not so keen on the same old design Britannias though, especially the recent years with the hologram security feature which intrude on the overall design in my opinion. Thanks for the video.
Those coins are the reason I don't buy RM bullion gold by post. So many have problems. A local dealer here will let me cherry pick but they don't carry as many types as they used to.
Love your contents as they are Informative content especially people like me who are novice in Gold coin collections. I have few questions as below as I'm planning to get these gold coins as below and appreciate if you could throw some lights on this: 1) Is it worth to buy 1oz or less than 1 oz gold coin? As per my analysis,less than 1 oz gold coin have higher premium and it's better to buy 10z gold.Is my understanding correct? 2) Is it better to invest in Royal Mint coin like Britania and sovereign for VAT and CGT exempt rather then investing in other gold coins. Just wondering why people still buy other coins when the CGT is applied to those coins since the CGT allowance are getting lesser every year( 2024/2025 is £3000)? How people are getting away from CGT for those coins which doesn't has CGT exmpt? 3) Is Gold bar do have premium and is getting bar is better option if you are considering the CGT? How people managing multiple portfolios by having different coins and bars while there will be a need to pay CGT?
Hello 1 Oz is typically lower premium though not always it just depends on what deals are available when you're shopping. Britannia or equivalent CGT exempt coins would be favourable yes. In my opinion it doesn't make sense to buy bars as they're often not much lower premium than 1 oz coins and also the dealers typically buy them back at lower % of spot (therefore bigger spread) plus then as you say you'd have to deal with CGT implications in the UK.... some countries the rules are different though so bars wouldn't have that issue
LOLOL - the graded coin with the scratch on QEII's face! Reminds me of an NGC MS69 ASE I purchased on ebay from a major, major national coin dealer which had visible, obvious scratches and dings on both sides of the coin. This was a listing which only used stock pics of ASE's, so the actual coin was not pictured. I filed a complaint with the dealer, they responded that they received the coin in it's current condition. I said there was no way it should have graded out to MS69 and would they please refund my purchase price. They did so, without question - case closed. BUT - they subsequently blocked me from bidding or purchasing ANY of their products listed on ebay. This occured over 18 months ago, and the block is still active. All over a $50 refund.
Thanks for watching... Dealers are the main and probably 'safest' source but people often buy via online market places such as eBay and Facebook (be aware of the associated risks), coin shops, coin fairs and shows, pawn brokers are other options... I know it doesn't exactly answer the question but it depends on what's available and what exactly you're looking for too plus what you have access too. In an ideal world I'd rather walk into a coin shop and see what I'm buying
great and informative video regards grading and buying graded coins. These are the only graded coins I buy, slabbed coins at bullion price. At least you can validate authenticity of coins via the PGCS database ( especially the scratched one ). And if you ever sell, you could always say there are only XX amount of MS67 King Arthur may even be less than MS70's King Arthurs ..... When it comes to storage the slabs take up room, I suppose its how much space you have. Brilliant video as always
Just looking at those .. and I've noticed several marks on those ... in general I think PCGS tend to over grade coins.. if they were sent to NGC they'd be lucky to get a MS65 .. the scratch on that coin would probably get a details grade... lol
The 2023 King Arthur has QEII on it but she was dead by that date. This seems to havehad no effect on people buying the coins- but could it make it a sought after coin in the future?
It's possible but there's a lot of coins with the Queen on in a similar position.... The 2022 platinum jubilee sovereign seems to have faired the best so far
I've noticed in the American market the price of Queen's Beasts coming down. £2051 for an Griffin of Edward at APMEX. One would imagine you would find similar deals from UK dealers from time to time. The more time which passes from the mania about the series and the more these get loosened out of collections and sold into the market, the greater the likelihood you'll find the high premiums on coins in this series dropping.
Yeah if buying something with so much premium it would be nice to know the grade but that was my other point ... All 4 coins the same grade yet one had a large scratch 😬
I've only ever graded trading cards because it keeps them nice and safe. Never done it with a coin. Probably a good idea if it's something really special.
personally i would take them out of the cases at ms67 they should not of even come off the production line. In bullion they should not be less than 69 coming off the line
@@IceCold100 Bro, within the first 21 seconds incase you missed it, I bought them like this at a lower premium than dealers are selling ungraded bullion. Not sure why the seller had them graded
Here's an example of a mass produced, very cheap product, that isn't sold with scratches in it. Cutlery. Now I realise that gold is soft, but a big scratch is the result of poor handling and normally would cause the product to be rejected by the quality control process, for a 60p fork or knife. Then chuck it back in the melting pot and start again and the penalty in loss adding up over time, would cause them to change their handling practices (an insignificant cost, with just a little more vigilance required from management, training for staff and slight changes to the process, Brits can remain competitively priced). Maybe there needs to be a standards authority, hahah. (no more government entities, it's bad enough already).
Maybe that's what makes a nice one more special? Generally though I agree unless it's something especially rare which does occur in some sovereigns through history
There is nothing at all wrong with slabbing bullion coins if you like the designs and it shows a buyer that they are not buying a scratched example if a 69 or 70, i have the maid marion in a slab and it's beautiful
Personally, I wouldn't even think about grading a bullion coin.....a waste of time and money. Keep them in a capsule and look after them and they are as good Gold...quite literally!!
Well said
Nice coins, shame the previous owner paid out to slab them.
As for the car analogy, you can replace the window or sort the dent out. This scratch on Her Majesty's cheek is like that rattle inside that you cannot find to fix.
It's nuts that they were slabbed. The chap must have caught the slabbing mania.
I suppose yes it's even worse with that analogy.
I chuckled at the car analogy. It was so apt. I also found myself agreeing with all of your comments. I’ve been focusing a lot less on the special design £5 proof sovereigns recently and started buying regular modern bullion sovs. But just like the £1 coins in your pocket they’re so boring to a lover of larger coins with different designs such as myself. Great for stacking, but lacking inspiration for collectors. So I’ve now switched to the occasional purchase of larger 1oz bullion coins instead. I bought the Robin Hood as a gift for my son who’s into his archery and I’m currently awaiting delivery of the 2016 Lion of England which you also mentioned. Not so keen on the same old design Britannias though, especially the recent years with the hologram security feature which intrude on the overall design in my opinion. Thanks for the video.
Fantastic. The 2016 Lion is a stunner!
Those coins are the reason I don't buy RM bullion gold by post. So many have problems. A local dealer here will let me cherry pick but they don't carry as many types as they used to.
Yeah if I'd got that from the mint I'd have been very disappointed
Love your contents as they are Informative content especially people like me who are novice in Gold coin collections. I have few questions as below as I'm planning to get these gold coins as below and appreciate if you could throw some lights on this:
1) Is it worth to buy 1oz or less than 1 oz gold coin?
As per my analysis,less than 1 oz gold coin have higher premium and it's better to buy 10z gold.Is my understanding correct?
2) Is it better to invest in Royal Mint coin like Britania and sovereign for VAT and CGT exempt rather then investing in other gold coins. Just wondering why people still buy other coins when the CGT is applied to those coins since the CGT allowance are getting lesser every year( 2024/2025 is £3000)? How people are getting away from CGT for those coins which doesn't has CGT exmpt?
3) Is Gold bar do have premium and is getting bar is better option if you are considering the CGT? How people managing multiple portfolios by having different coins and bars while there will be a need to pay CGT?
Hello
1 Oz is typically lower premium though not always it just depends on what deals are available when you're shopping.
Britannia or equivalent CGT exempt coins would be favourable yes. In my opinion it doesn't make sense to buy bars as they're often not much lower premium than 1 oz coins and also the dealers typically buy them back at lower % of spot (therefore bigger spread) plus then as you say you'd have to deal with CGT implications in the UK....
some countries the rules are different though so bars wouldn't have that issue
As always excellent content brother, I ordered 3 more Gold 1 Ounce Liberty & Britannia Coins, they look very sexy 😀
Nice 👌🏽
LOLOL - the graded coin with the scratch on QEII's face! Reminds me of an NGC MS69 ASE I purchased on ebay from a major, major national coin dealer which had visible, obvious scratches and dings on both sides of the coin. This was a listing which only used stock pics of ASE's, so the actual coin was not pictured. I filed a complaint with the dealer, they responded that they received the coin in it's current condition. I said there was no way it should have graded out to MS69 and would they please refund my purchase price. They did so, without question - case closed. BUT - they subsequently blocked me from bidding or purchasing ANY of their products listed on ebay. This occured over 18 months ago, and the block is still active. All over a $50 refund.
Oh man that's not ideal. Not all coins are graded equal it seems 😬
Really enjoying your channel, I'm just curious where the best place to look for preowned coins in your opinion? Thanks
atkinsons bullion
Thesilverforum
Thanks for watching... Dealers are the main and probably 'safest' source but people often buy via online market places such as eBay and Facebook (be aware of the associated risks), coin shops, coin fairs and shows, pawn brokers are other options... I know it doesn't exactly answer the question but it depends on what's available and what exactly you're looking for too plus what you have access too. In an ideal world I'd rather walk into a coin shop and see what I'm buying
great and informative video regards grading and buying graded coins. These are the only graded coins I buy, slabbed coins at bullion price. At least you can validate authenticity of coins via the PGCS database ( especially the scratched one ). And if you ever sell, you could always say there are only XX amount of MS67 King Arthur may even be less than MS70's King Arthurs ..... When it comes to storage the slabs take up room, I suppose its how much space you have. Brilliant video as always
Yes very true mate
With the RM premium they add I expect them to be scratch and milk spot free. Even the proof coins that they issue are scratched up
It's really unfortunate.
Just looking at those .. and I've noticed several marks on those ... in general I think PCGS tend to over grade coins.. if they were sent to NGC they'd be lucky to get a MS65 .. the scratch on that coin would probably get a details grade... lol
I just commented on another comment but imagine buying a new house at the equivalent of that ms67 🤣
@@SovereignSaurus Yep .. comes with graffiti and a smashed window.. but it's a new build.... not many PCGS coins cross grades to NGC ..
The 2023 King Arthur has QEII on it but she was dead by that date. This seems to havehad no effect on people buying the coins- but could it make it a sought after coin in the future?
It's possible but there's a lot of coins with the Queen on in a similar position.... The 2022 platinum jubilee sovereign seems to have faired the best so far
I personally wouldn't pay to have a Bullion coin slabed.
However, if I could pick one up for a Bullion price, I'd have no problem with that.
Yeah I'd prefer non slabbed but looking like a good move now gold is up about £100 an Oz 😏
@@SovereignSaurus Gold is on the move 🚀 ✨️!!!
I've got that king Arthur 1oz, but if I'm honest I would swap it out for 4 victoria shield backs if I was keen to get the dates.
Yeah personally I'd take 4 nice Shields
I prefer a graded to a loose, but I did notice today that a loose Griffin of Edward 1 oz gold is worth £3,333
I've noticed in the American market the price of Queen's Beasts coming down. £2051 for an Griffin of Edward at APMEX. One would imagine you would find similar deals from UK dealers from time to time. The more time which passes from the mania about the series and the more these get loosened out of collections and sold into the market, the greater the likelihood you'll find the high premiums on coins in this series dropping.
Yeah if buying something with so much premium it would be nice to know the grade but that was my other point ... All 4 coins the same grade yet one had a large scratch 😬
I've only ever graded trading cards because it keeps them nice and safe. Never done it with a coin. Probably a good idea if it's something really special.
I imagine they're easy to damage yes
personally i would take them out of the cases at ms67 they should not of even come off the production line. In bullion they should not be less than 69 coming off the line
Yeah you'd think so. Imagine buying a new house that's ms67 equivalent... sorry the doors don't shut and your kitchen is 5 inch off square 🙄
Slabs never a favourite of mine ( unless its a coin a historic significance ) at least you didnt over pay.
Yes exactly. Deep in profit now with what gold has done since too
I don't want to be collector just a stacker so if I got those slabs I'd crack them and handle the coins raw.
Yeah I've broken quite a few out over the years
Bro, you got 1oz Britannias graded?🤦♂️why
Presume you commented this before watching the video? 😂
@@SovereignSaurus I watched
@@IceCold100 Bro, within the first 21 seconds incase you missed it, I bought them like this at a lower premium than dealers are selling ungraded bullion. Not sure why the seller had them graded
Someone else graded bullion coins? Why bother. So long as you got it at spot, that's cool.
Yes in the grand scheme of a 1 Oz coin it's only a couple % for them to grade but still for me I'd rather get my bullion low premium as possible
Interesting 😊
👍🏼
Here's an example of a mass produced, very cheap product, that isn't sold with scratches in it. Cutlery. Now I realise that gold is soft, but a big scratch is the result of poor handling and normally would cause the product to be rejected by the quality control process, for a 60p fork or knife. Then chuck it back in the melting pot and start again and the penalty in loss adding up over time, would cause them to change their handling practices (an insignificant cost, with just a little more vigilance required from management, training for staff and slight changes to the process, Brits can remain competitively priced). Maybe there needs to be a standards authority, hahah. (no more government entities, it's bad enough already).
Well put! Let's start a campaign to get you in the RM 😁
why bother grading a bullion coin? they will never have been handled well at the mint or by the dealer
Maybe that's what makes a nice one more special? Generally though I agree unless it's something especially rare which does occur in some sovereigns through history
How the F**k can a puff of smoke bitcoin cost the same as 1KG of gold 😂
🤣
Grading bullion coins is so American. Why take the lowest grade, lowest quality of finish coin your mint produces then present it for grading 🤣
🤣
There is nothing at all wrong with slabbing bullion coins if you like the designs and it shows a buyer that they are not buying a scratched example if a 69 or 70, i have the maid marion in a slab and it's beautiful
If the joy of ownership is worth that few % extra we've probably all spent that money on worse
@@SovereignSaurus We do, every day of the week
@@SovereignSaurus Slab hate is fashionable at the moment, I like them for a number of reasons
Good video. Sorry If I am being a wanker but if you do close-ups of your hands maybe wear gloves or clean them up. Just sayin...
No offense taken. I usually do 🤣 Hard working hands
yes you are ... it costs money and time to sort the hands out and then that will mean less money spent on those 1OZ Gold coins.
Yes your a wanker, but a nice one 😂
Of course that's why how you get to buy so many of those beautiful coins :-)@@SovereignSaurus
LOL true 🙂@@jkly495