Regarding 6:00, the Royal Mint has been clever in introducing new products such as the silver proof sovereign which never existed before. Perhaps they may also introduce other new products such as a silver proof half sovereign, a silver proof quarter sovereign, a silver proof double sovereign, a silver proof quintuple sovereign and a silver proof piedfort sovereign. Traditionally sovereigns were gold coins and silver coins had lower denominations such as six pence, shilling, florin, half crown, and crown.
@@jadenephrite don't give the mint ideas 🤣🤣. I expect to see this again next year, I would really hope they don't start doing all the various good sovereign sizes in silver
I think I may be the only person in the UK to actually buy one. I made an unboxing video yesterday and 24 hours later the regret hasn't set in yet! It's a beautiful piece but my god.....the premiums and the mintage figures are hilarious! Great video as always!
@@the_islandstacker I hear you, I adore the Pistrucci George and Dragon design and I'm a bit of a fan boy. Let's hope the community get the chance to own a standard bullion version one day!
I bought the 2017 Gibraltar World's first Silver Sovereign. They were about £10 each, expensive yes but far cheaper than this rip-off. You're 100% right regarding this most likely not being a one off. Unfortunately partially privatising the Royal Mint has made them just make loads of over priced silver coins as a cash grab. I don't understand the logic of gold bullion on there and in general in this country being sold very close to spot but silver is almost always highly overpriced. I know silver has 20% VAT added to it but even with that taken in to account silver is still highly inflated compared to spot prices.
@@GazB85 totally agree, this is why I don't really buy silver it's crazy over priced and to make a profit your great great great grand kids might make some money
The Royal Mint has been a rip off these last 15-20 years. So many variants of coins in different metals as to make coins more like medallions. It was never like this and coins were worth collecting before they simply threw out overpriced versions of the same coin. They have gone the same way the Post Office did years before when they began issuing a new set of stamps every month instead of 6-8 sets a years. Less is more and people aren’t mugs.
@@markwiles3485 they definitely need to do less at a higher quality, but the mint is just churning out stuff after stuff to just make money and not focus on the customers who are buying these things.
I demand The Royal Mint do a 1/40th of an ounce colourised "Una and the Dragon" copper round. I insist on exchanging my house and all its contents for one.
I don't really like the piedfort versions myself, it's just a thick version. If it was a bigger diameter to make it standout then maybe or just buy a double instead.
What's the thing about changing sovereign's from rose gold to I'm guessing yellow gold? Are they still going to be 22kt? When did sovereign's start being rose gold? Cause the one's I have I seem to remember them being yellow gold coloured.
@@GazB85 they are removing/reducing the copper content so they will be closer to the older sovereign being more yellow. They will still be 22kt. Having a quick look it says from 2017 they changed the mix but I feel like it's been rose gold for longer.
What's your take on the shield sov, particularly the shield half sovereign, do you reckon it will have a higher numismatic value later on, compared to the "normal" designs? Considering the premium it is going for...
@@theonlyDerp are you referring to the special George and the dragon for this year or just in general? I think the shield sovereign will do better in the long run over the memorial and crowned king Charles versions as for me the design is a lot nicer and sticky with sovereign history rather than the mint making stuff up for change of monarch.
@@theonlyDerp no problems. I don't like the idea of the "special" George and the dragon version for this year as they have whacked £100 on top of the already high premium. I know the mintage is low but saying it's special as the last rose gold is not a reason. Be interested to see how they spin it for the first "gold" sovereign next year. I think if it's just a standard design for next year I'll stick to the bullion versions as there are too many one offs
@@the_islandstacker I agree. The George and the dragon version for this year is just the normal design we already saw 2024. In my opinion the Shield Sovereign is the more interesting one. One year design and only in proof.
That's another thing to consider as the mint has a really bad record with silver milking. I have to say I have a few silver proofs and they do seem to be better than the bullion coins, but still this should not even be a consideration.
They haven't sold anywhere near as fast as you're suggesting in this video - the stock count for the cheaper one was only 4,500 at 9am on release day and it took about 4 hours for it to go down by a thousand. They will have given a fair chunk to other dealers to sell, but probably not 45,500 of them. The delivery times suggest most if not all haven't even been minted yet so it's a spectacularly risk free operation either way.
Unbelievably stupid move by the RM….. again. They had a genuine chance to produce a new, globally desirable bullion coin (if it had been say 1/2 or 3/4 ounce with a price linked to spot I would have bought them by the tube), but no, another blatant rip off product. Sorry to rant in your comments but when they do stuff like this it’s just cr*p. Good video - thank you! 👍
@@UKDark_Mark oh have at it, I agree with you. I hadn't thought of that but yeah a half ounce silver bullion coin with the same design as the sovereign could be quite good. But as you say more money grabbing as usual.
I come from the perspective of a sovereign lover,and see this coin as of note in that regard.However,whilst I appreciate it has added value I certainly would not consider purchasing one at these at super high premiums. I will be looking at secondary market options in the future. Of course I expect to pay over spot,but not at these extreme`s. I would love to own one and may well do eventually,but not at all costs.
I find it hard to believe that RM cannot say if they will be producing this coin as a one off. At this price you need to know what you are getting as the price is many times above the bullion value to such an extent that the bullion value does not really count. These are not for me and I think at present due to the world situation bullion coins may be the better option bought at the good old bullion price. As well as that the quality control so to speak is pretty bad at RM.
@@SouthSideFrankie to me just shows there is no clear view for the mint and their main goal is just profit, which leads to bad quality control and this over saturation of *special* coins. Agree bullion is a far better bet at the moment.
For 80 quid???.........I'd rather two silver Britannias.
@@saxonstacker1078 get far more for your money 💰
Regarding 6:00, the Royal Mint has been clever in introducing new products such as the silver proof sovereign which never existed before. Perhaps they may also introduce other new products such as a silver proof half sovereign, a silver proof quarter sovereign, a silver proof double sovereign, a silver proof quintuple sovereign and a silver proof piedfort sovereign. Traditionally sovereigns were gold coins and silver coins had lower denominations such as six pence, shilling, florin, half crown, and crown.
@@jadenephrite don't give the mint ideas 🤣🤣. I expect to see this again next year, I would really hope they don't start doing all the various good sovereign sizes in silver
I think I may be the only person in the UK to actually buy one. I made an unboxing video yesterday and 24 hours later the regret hasn't set in yet! It's a beautiful piece but my god.....the premiums and the mintage figures are hilarious! Great video as always!
@@SyTheSoundman thank you, glad you are enjoying the coin, that's the main thing. Just couldn't justify those premiums.
@@the_islandstacker I hear you, I adore the Pistrucci George and Dragon design and I'm a bit of a fan boy. Let's hope the community get the chance to own a standard bullion version one day!
@@SyTheSoundman personally I hope they just stick to gold but that's my preference, just prefer the yellow stuff 😉
I bought the 2017 Gibraltar World's first Silver Sovereign.
They were about £10 each, expensive yes but far cheaper than this rip-off.
You're 100% right regarding this most likely not being a one off.
Unfortunately partially privatising the Royal Mint has made them just make loads of over priced silver coins as a cash grab.
I don't understand the logic of gold bullion on there and in general in this country being sold very close to spot but silver is almost always highly overpriced.
I know silver has 20% VAT added to it but even with that taken in to account silver is still highly inflated compared to spot prices.
@@GazB85 totally agree, this is why I don't really buy silver it's crazy over priced and to make a profit your great great great grand kids might make some money
@@the_islandstacker I never buy silver brand new.
I generally buy from eBay and buy old numismatic/junk silver coins close to spot.
@@GazB85 good plan, the premiums on new silver especially proofs are crazy.
The Royal Mint has been a rip off these last 15-20 years. So many variants of coins in different metals as to make coins more like medallions. It was never like this and coins were worth collecting before they simply threw out overpriced versions of the same coin. They have gone the same way the Post Office did years before when they began issuing a new set of stamps every month instead of 6-8 sets a years. Less is more and people aren’t mugs.
@@markwiles3485 they definitely need to do less at a higher quality, but the mint is just churning out stuff after stuff to just make money and not focus on the customers who are buying these things.
What a rip off as long as mugs keep paying stupid prices ,they keep churning them out 😮
@@shauncorless8965 I know, some day they might realise
I demand The Royal Mint do a 1/40th of an ounce colourised "Una and the Dragon" copper round. I insist on exchanging my house and all its contents for one.
@@mik1967 😂😂 be careful what you wish for
Does the £80 include VAT ?
@@JamesWilliamson-w8y yes it does from what I can see
I have seen huge spikes in the gold pricee in recent days problably caused by large deals by major traders . I simply ignore them.
Gold has definitely been on the rose this year
Slightly off topic so apologies, but what 's your take on the Piedfort Sovereign for £1445.
I don't really like the piedfort versions myself, it's just a thick version. If it was a bigger diameter to make it standout then maybe or just buy a double instead.
What's the thing about changing sovereign's from rose gold to I'm guessing yellow gold?
Are they still going to be 22kt?
When did sovereign's start being rose gold?
Cause the one's I have I seem to remember them being yellow gold coloured.
@@GazB85 they are removing/reducing the copper content so they will be closer to the older sovereign being more yellow. They will still be 22kt.
Having a quick look it says from 2017 they changed the mix but I feel like it's been rose gold for longer.
What's your take on the shield sov, particularly the shield half sovereign, do you reckon it will have a higher numismatic value later on, compared to the "normal" designs? Considering the premium it is going for...
@@theonlyDerp are you referring to the special George and the dragon for this year or just in general?
I think the shield sovereign will do better in the long run over the memorial and crowned king Charles versions as for me the design is a lot nicer and sticky with sovereign history rather than the mint making stuff up for change of monarch.
@the_islandstacker just the general sov. I share the same idea, though the premiums are just a tad high 😂 thanks for the input mate
@@theonlyDerp no problems. I don't like the idea of the "special" George and the dragon version for this year as they have whacked £100 on top of the already high premium. I know the mintage is low but saying it's special as the last rose gold is not a reason. Be interested to see how they spin it for the first "gold" sovereign next year. I think if it's just a standard design for next year I'll stick to the bullion versions as there are too many one offs
@@the_islandstacker I agree. The George and the dragon version for this year is just the normal design we already saw 2024. In my opinion the Shield Sovereign is the more interesting one. One year design and only in proof.
皇家铸币厂的索维林，真的是他们的现金牛，疯狂收割市场。与其担心这枚主权银币的溢价和二级市场表现，又或者会不会在明年延续出品，我更担心银币的牛奶斑问题。皇家铸币厂的银币质量，真的是非常糟糕，一言难尽。
That's another thing to consider as the mint has a really bad record with silver milking. I have to say I have a few silver proofs and they do seem to be better than the bullion coins, but still this should not even be a consideration.
This has to be the worst value coin they've ever produced.
@@aucourant9998 I think so too
They haven't sold anywhere near as fast as you're suggesting in this video - the stock count for the cheaper one was only 4,500 at 9am on release day and it took about 4 hours for it to go down by a thousand. They will have given a fair chunk to other dealers to sell, but probably not 45,500 of them. The delivery times suggest most if not all haven't even been minted yet so it's a spectacularly risk free operation either way.
@@MrJibble That's what I thought, as I mentioned it's hard to know as they release in batches so unless it sells out then only way to truly know
@@the_islandstacker if you keep checking it you can tell when they 'bump' up the number
@MrJibble 👍I would be surprised if it sells out by the end of the year
@@the_islandstacker at those prices definitely!
@@MrJibble might show the mint people are fed up with paying these stupid prices
I've got number 43,XXX so they must be shifting
@@picklerick4944 you can't go by the COA as they just get randomly assigned it's not a case of how many they have sold
We all know they will milk spot. Garbage. I think I will stick to gold sovereigns and silver bars.
👍👍
7:10 no way! RM rip off
It's crazy right!
Unbelievably stupid move by the RM….. again. They had a genuine chance to produce a new, globally desirable bullion coin (if it had been say 1/2 or 3/4 ounce with a price linked to spot I would have bought them by the tube), but no, another blatant rip off product. Sorry to rant in your comments but when they do stuff like this it’s just cr*p. Good video - thank you! 👍
@@UKDark_Mark oh have at it, I agree with you.
I hadn't thought of that but yeah a half ounce silver bullion coin with the same design as the sovereign could be quite good. But as you say more money grabbing as usual.
I come from the perspective of a sovereign lover,and see this coin as of note in that regard.However,whilst I appreciate it has added value I certainly would not consider purchasing one at these at super high premiums. I will be looking at secondary market options in the future. Of course I expect to pay over spot,but not at these extreme`s. I would love to own one and may well do eventually,but not at all costs.
Agreed, it would be a nice coin to add to the collection but maybe a £30-50 not £125 🤯
No way to buy for this price, better to buy some normal BU silver coins
@@mfun3856 very much so, could get two 1oz Brits and still have change
I find it hard to believe that RM cannot say if they will be producing this coin as a one off. At this price you need to know what you are getting as the price is many times above the bullion value to such an extent that the bullion value does not really count. These are not for me and I think at present due to the world situation bullion coins may be the better option bought at the good old bullion price. As well as that the quality control so to speak is pretty bad at RM.
@@SouthSideFrankie to me just shows there is no clear view for the mint and their main goal is just profit, which leads to bad quality control and this over saturation of *special* coins. Agree bullion is a far better bet at the moment.
I would have purchased both, if they were a more reasonable price!!, well over priced
@@JamesBrown-mg6cy I think if the mintage was 5000 and 1500 and the price was £50 and £75 then think people would really have gone for them
Agreed!, typical RM!!