Some fantastic coins from a great collection. I also bought a number of coins from the same Auction. I am getting towards my goal collection wise and generally go for upgrades to what I already have. Some coins I know I will never own. Each coin has a price and it depends on whether you believe it's value or not. I take some considerable time to assess the coin and have an extensive database of previous prices paid for coins so I can see if I'm buying at the right price point. I never go above my limit for an individual coin taking into account the Auction house premium. As I have a maximum in mind for each coin, I sometimes place my bids prior to auction. Sometimes I bid online to get a feel of what's happening. If the price goes above my maximum bid, I walk away and never chance the coin. One expensive coin vs several cheaper coins - well none of Regal Stackers coins were cheap in the scheme of things - high grade Sovereign's never are. I personally don't like putting all my money on one coin. You were fortunate to see the coin you were after before bidding. I was out of the country at the time so had to do things remotely. As you quite rightly say, selling one expensive coin can be a lengthy, time consuming process. Where do you sell? UK, America, Japan - you might need to wait 6 months for the "right" auction unless a dealer has a ready made buyer. Great coins and a great video. You pay your money and takes your chance.....
You are so you’re right in saying that none of those coins would be considered cheap coins all remotely akin to a standard bullion coin. I know that you believe in buying the best quality that is available as I also do. I’m not sure it really matters whether you buy one or two or many but I do believe in buying absolutely the best quality even if there is a significant premium for the quality.
Thanks Numi, I have never seen a better looking collection of shield sovereigns. I have always gone for high grade common date coins, which often slip through at bargain prices. And then as grading became more important, their values escalated. The really high premium coins are for prestige collectors who want the best, damn the cost. Between buyers' and sellers' premiums and devaluation of money due to inflation, I believe it is rare to recover one's initial investment through the auction. A simple example, take a 1oz gold Britannia to auction. The buyer will bid spot minus his premium and the seller will receive that lower bid minus the seller's premium, leaving him 50 to 65% of spot. Or take it to a bullion dealer and get 98.5% of spot.
Don't buy rare coins. You will never get your money back. Buy coins with a majority bullion value and a LITTLE numismatic value. I have collected coins for 50 years and learned this the hard way.
@@chrisrock4428 In my case, I bought many high grade Morgan dollars in 1972 that were considered common. They cost $3.90 each and covered every year but 1891 to 1895 and 1903. Subsequently, the grades were considered to be MS64 to 65 and are now quite valuable. I also bought high grade Canadian half dollars from 1937 to 1945, also quite cheap and now pricey.
@@meteoman7958 nice. I agree on condition. My dad was the coin collector. He always got pissed about grading. I tried to tell him over and over about how condition would play a role in price but he never wanted to hear it. I inherited his collection when he passed several years ago but I have yet to even look at what's there. I'm hoping to figure out what needs graded and what doesn't. Do you agree with the original post of not buying rare coins?
If you are a millionaire, buy super rare coins. If you are broke like me, buy whatever you can afford. I bought several tubes of the 2017 New Zealand Niue Roaring Lion (silver) coins because the mintage was low (50,000 for that year). I hope the low mintage will benefit me in the future. I wish I could afford gold. I own a couple ounces, but silver better fits my budget. Another thought is I would buy more, less rare coins that are closer to gold spot price. The numismatic value of rare coins could drop or be harder to sell in an economic downturn. But if a coin is closer to spot value when you buy it, you will always be guaranteed to get at least spot price for the metal. I like to play it safe. Those are some absolutely beautiful coins in your video. I was almost drooling over them. Cheers!
Surely it depends at what stage of collecting your on... in the U.K. we can pick up lovely proof Sovereigns for not far of spot plus a little bit this is a nice learning to start with then as things move on and you learn more the quality then goes up as you find what you like and want....
I am 60% in, and I advocate a mix of both rarities and common coins. The overall market is weak, and now is a great time to load up on the best quality coins you can buy. I believe they will far out pace lower value coins, as fewer of them are on the market.
i always try to but proof special edition coins, and totally agree with peter holman, and try to buy where i know i wont lose out on and maybe make a little on it, brilliant video aswell keep up the good work nimi
That's a good question and worthy topic. It would vary with the individual no doubt. I am a collector and like to complete series, so have some good ones but unfortunately the gap fillers of lesser dates and rarities sap monies also. So that may balance out in the end for me, but differently for others no doubt.
Wonderful coins. If you think of your collection as a portfolio then a level of diversity will reduce risk. Mid range coins are easier to sell (there are some collectors who still won't touch graded coins) with the higher value going into a more limited market. From my perspective it's a bit of both, so for me it's QEII modern sovereigns and slowly building up a collection of the older pre QEII proofs. At the end of the day I enjoy collecting and grading coins, so the enjoyment of the hobby is a big factor. Thanks for the video, very informative.
I think it depends very much on your budget. Personally I can only afford to buy a few bullion sovereigns per year, so I focus on trying to get different monarchs and reverses only at the pure bullion end of the market. I think on my budget, once I have a collection I'm happy with, I would look at replacing the poor grade ones for nicer examples, but until then I think I'm better holding a few lower value than all my eggs in one basket. These rare variety coins could easily be decimated with the discovery of a hoard so it's risky business in my opinion
A stunning display of coins. I would probably break the bank and go for the more rare coin although I think the more expensive coin would limit the potential market if selling in the future as opposed to the less expensive ones. Cheers.
Thank you for spending the time to answer questions I've been having in my own mind!!!😁😁😁. I think i will not be a hoarder, and flip some coins to upgrade to some more valuable grades, but not top rarities.
Great topic and channel! Imo buy bullion coins tax free for the gold play. Anything else is numismatic and is harder to sell. Auction premium at 30 percent mean seminumismatic can hurt often. Real rarities can be pumped up by dealers on credit and the recent runup since 2010 means they can drop hugely. Further its amazing provenance is not more sought after and grades are more believed in for rarity something that could change dramatically. Rarity should be bought to keep very long term with eyes wide open on dealers auction premium
I would buy just one $25.000 coin, then 10 coins worth $2.500 each. From an investment point of view, the value of the expensive coin will go up faster then the 10 other coins together. But only if you look at older coins, this will not work with modern coins. I normally buy just one coin at auction, for the budget I have available at that moment (and always top quality)
Very interesting topic, and I will share with you briefly of my experiences. For the past 15-20 years I had amassed a fairly large collection of iconic U.S. coins including the 09-S VDB, 3 legged buffalo, $20 Liberty from the French Champagne hoard and many others. And what I found was that when it came to sell, it was easier to sell the lower value coins very easily. Very strong collector base for quality uncleaned lower grade coins. And of course they were all PCGS and NGC graded coins. Now I'm into collecting key date proof gold sovereigns.
Hi medgasguy. How is your proof sovereign collection coming along? I'm content with the 1989 and 2017 designs myself. I would like to focus on Queen Victoria ones and a very modest amount of bullion next, when funds dictate.
Hi Good As Gold- Well I was late to the game from the very beginning, but I saw Numi's video's by chance and became obsessed with the 2017 Anniversary series and then I was hooked. So far I have the 2017 SOTD BU, the 2017 proof, the 2018 piedfort and the 2018 George's 5th sovereigns. Still have a long way to go, lol.
im currently trying to save for a BU victorian canadian 50 cents, just to have a focal point in my collection and to have a Unc exemple as a type for the set, after i will probably only buy high grade circulated one ( the victorian 50 cents series is by far the rarest set in the entire canadian coinage) Also, that 1839 crown ... wow !
Hi David. There's probably more to CC's absence than a vacation. I recently revisited an older video (sorry - can't be more specific), after which, CC was goading Joe B and Joe took the bait and lost his cool in his final reply. I noticed that all of CC's comments are now deleted, to the point where it now looks as if Joe is arguing with himself.
The U.S. coin market is a lot more liquid than world coins. Heritage has U.S. auctions almost every month. This month they are currently having an auction in Dallas without a show associated with it. I've sold them what most people would consider high end coins and they paid me a fair price. Then they auctioned those coins over a period of months. Don't buy and holds coins as an investment because they are not. Most U.S. coin collectors are over 50 so prices are falling. If you are going to buy a high end U.S. coin make sure it's CAC approved.
Good advice for us coins. My view is that the growth potential is in the world coins and Rarities. These have massive potential and interesting stackers in numismatics is a big potential for the future
Does Heritage auction world coins in the UK? I've heard you've mentioned them in videos. One of the problems with bidding live in the UK is that you are 5 or 6 hours ahead of the USA auctions. I think U.S. coins are still overpriced while world coins are a better value. I also collect 8 escudos Spanish gold coins that I buy on Heritage's auctions for $1300-1600. Every one I've bought is NGC graded. NGC is dominant in world coins while PCGS is dominant in USA coins.
Hi Numi, I have a question please. Do you think I should send my Gold proof The Falcon from the beast series for grading. Bought it from Royal Mint ???
I am of the opinion that you should buy the best coin you possibly can within your budget. However there is the old adage of not putting all your eggs in the same basket. Oh I like American old coins and British Not English coins however if given the opportunity I would buy Scottish and English gold coins pre the union of the crowns that is. Lol.
Some fantastic coins from a great collection. I also bought a number of coins from the same Auction. I am getting towards my goal collection wise and generally go for upgrades to what I already have. Some coins I know I will never own. Each coin has a price and it depends on whether you believe it's value or not. I take some considerable time to assess the coin and have an extensive database of previous prices paid for coins so I can see if I'm buying at the right price point. I never go above my limit for an individual coin taking into account the Auction house premium.
As I have a maximum in mind for each coin, I sometimes place my bids prior to auction. Sometimes I bid online to get a feel of what's happening. If the price goes above my maximum bid, I walk away and never chance the coin.
One expensive coin vs several cheaper coins - well none of Regal Stackers coins were cheap in the scheme of things - high grade Sovereign's never are. I personally don't like putting all my money on one coin. You were fortunate to see the coin you were after before bidding. I was out of the country at the time so had to do things remotely. As you quite rightly say, selling one expensive coin can be a lengthy, time consuming process. Where do you sell? UK, America, Japan - you might need to wait 6 months for the "right" auction unless a dealer has a ready made buyer.
Great coins and a great video. You pay your money and takes your chance.....
You are so you’re right in saying that none of those coins would be considered cheap coins all remotely akin to a standard bullion coin. I know that you believe in buying the best quality that is available as I also do. I’m not sure it really matters whether you buy one or two or many but I do believe in buying absolutely the best quality even if there is a significant premium for the quality.
Best not to have your eggs in one basket but to spread the risk amongst a larger field of buyers in the future.
Thanks Numi, I have never seen a better looking collection of shield sovereigns. I have always gone for high grade common date coins, which often slip through at bargain prices. And then as grading became more important, their values escalated. The really high premium coins are for prestige collectors who want the best, damn the cost. Between buyers' and sellers' premiums and devaluation of money due to inflation, I believe it is rare to recover one's initial investment through the auction. A simple example, take a 1oz gold Britannia to auction. The buyer will bid spot minus his premium and the seller will receive that lower bid minus the seller's premium, leaving him 50 to 65% of spot. Or take it to a bullion dealer and get 98.5% of spot.
I feel that bargains do arise if you keep your eyes open
Don't buy rare coins. You will never get your money back. Buy coins with a majority bullion value and a LITTLE numismatic value. I have collected coins for 50 years and learned this the hard way.
Ditto for me. And I have always concentrated on getting the highest condition possible. Many coins over the years went up exponentially with grade.
I'm newer to this. Can you give an example please. Thank you.
@@chrisrock4428 In my case, I bought many high grade Morgan dollars in 1972 that were considered common. They cost $3.90 each and covered every year but 1891 to 1895 and 1903. Subsequently, the grades were considered to be MS64 to 65 and are now quite valuable. I also bought high grade Canadian half dollars from 1937 to 1945, also quite cheap and now pricey.
@@meteoman7958 nice. I agree on condition. My dad was the coin collector. He always got pissed about grading. I tried to tell him over and over about how condition would play a role in price but he never wanted to hear it. I inherited his collection when he passed several years ago but I have yet to even look at what's there. I'm hoping to figure out what needs graded and what doesn't. Do you agree with the original post of not buying rare coins?
Oh and congrats on your buys. I was 1 in 1972 so I could not partake.
If you are a millionaire, buy super rare coins. If you are broke like me, buy whatever you can afford. I bought several tubes of the 2017 New Zealand Niue Roaring Lion (silver) coins because the mintage was low (50,000 for that year). I hope the low mintage will benefit me in the future. I wish I could afford gold. I own a couple ounces, but silver better fits my budget.
Another thought is I would buy more, less rare coins that are closer to gold spot price. The numismatic value of rare coins could drop or be harder to sell in an economic downturn. But if a coin is closer to spot value when you buy it, you will always be guaranteed to get at least spot price for the metal. I like to play it safe.
Those are some absolutely beautiful coins in your video. I was almost drooling over them. Cheers!
My first gold purchase (6 years ago) was a 1 ounce coin but I buy smaller ones now, mostly sovereigns and / or 1/4 ounce coins.
Surely it depends at what stage of collecting your on... in the U.K. we can pick up lovely proof Sovereigns for not far of spot plus a little bit this is a nice learning to start with then as things move on and you learn more the quality then goes up as you find what you like and want....
I am 60% in, and I advocate a mix of both rarities and common coins. The overall market is weak, and now is a great time to load up on the best quality coins you can buy. I believe they will far out pace lower value coins, as fewer of them are on the market.
Agreed
i always try to but proof special edition coins, and totally agree with peter holman, and try to buy where i know i wont lose out on and maybe make a little on it, brilliant video aswell keep up the good work nimi
That's a good question and worthy topic. It would vary with the individual no doubt. I am a collector and like to complete series, so have some good ones but unfortunately the gap fillers of lesser dates and rarities sap monies also. So that may balance out in the end for me, but differently for others no doubt.
Wonderful coins. If you think of your collection as a portfolio then a level of diversity will reduce risk. Mid range coins are easier to sell (there are some collectors who still won't touch graded coins) with the higher value going into a more limited market. From my perspective it's a bit of both, so for me it's QEII modern sovereigns and slowly building up a collection of the older pre QEII proofs. At the end of the day I enjoy collecting and grading coins, so the enjoyment of the hobby is a big factor. Thanks for the video, very informative.
I think it depends very much on your budget. Personally I can only afford to buy a few bullion sovereigns per year, so I focus on trying to get different monarchs and reverses only at the pure bullion end of the market. I think on my budget, once I have a collection I'm happy with, I would look at replacing the poor grade ones for nicer examples, but until then I think I'm better holding a few lower value than all my eggs in one basket. These rare variety coins could easily be decimated with the discovery of a hoard so it's risky business in my opinion
A stunning display of coins. I would probably break the bank and go for the more rare coin although I think the more expensive coin would limit the potential market if selling in the future as opposed to the less expensive ones. Cheers.
Thank you for spending the time to answer questions I've been having in my own mind!!!😁😁😁. I think i will not be a hoarder, and flip some coins to upgrade to some more valuable grades, but not top rarities.
Dionnas, Hi! The best value is education. Buy the book before the coin! *:-)*
And after you do that always buy the coin and not the holder.
Yes Sir, medgasguy! That's what the book says! I hope Dionnas rocks the world! *:-)*
Great topic and channel! Imo buy bullion coins tax free for the gold play. Anything else is numismatic and is harder to sell. Auction premium at 30 percent mean seminumismatic can hurt often. Real rarities can be pumped up by dealers on credit and the recent runup since 2010 means they can drop hugely. Further its amazing provenance is not more sought after and grades are more believed in for rarity something that could change dramatically. Rarity should be bought to keep very long term with eyes wide open on dealers auction premium
Dear coins are not for me😢I admire them in your videos.😂👍👍👍
I would buy just one $25.000 coin, then 10 coins worth $2.500 each. From an investment point of view, the value of the expensive coin will go up faster then the 10 other coins together. But only if you look at older coins, this will not work with modern coins. I normally buy just one coin at auction, for the budget I have available at that moment (and always top quality)
Hi Numi, really like these kind of videos, where you tackle a commonly asked numismatic question with a background of lovely, high quality coins :)
It’s a pretty background ))
I would buy one higher end coin with some of the money, and several less expensive coins with the money that remained.
"Some of the money?" "Money that remained?" WTF are you talking about, which Million $/€/£ is your target?
Very interesting topic, and I will share with you briefly of my experiences. For the past 15-20 years I had amassed a fairly large collection of iconic U.S. coins including the 09-S VDB, 3 legged buffalo, $20 Liberty from the French Champagne hoard and many others. And what I found was that when it came to sell, it was easier to sell the lower value coins very easily. Very strong collector base for quality uncleaned lower grade coins. And of course they were all PCGS and NGC graded coins. Now I'm into collecting key date proof gold sovereigns.
Key date proof Sovereigns are one of my favourites. Old or new?
I'm focusing on just the newer ones- '89, '02, '05, '12, '17 and '18.
Hi medgasguy. How is your proof sovereign collection coming along? I'm content with the 1989 and 2017 designs myself. I would like to focus on Queen Victoria ones and a very modest amount of bullion next, when funds dictate.
Hi Good As Gold- Well I was late to the game from the very beginning, but I saw Numi's video's by chance and became obsessed with the 2017 Anniversary series and then I was hooked. So far I have the 2017 SOTD BU, the 2017 proof, the 2018 piedfort and the 2018 George's 5th sovereigns. Still have a long way to go, lol.
Hard question, as long as there is no special coin I really really want I would buy more "cheaper" coins.
I’m debating the same now. Should I sell majority of my silver, and dump the funds in a few nice gold coins, or one big choice gold coin?
Hi Numi, I was at the coin fair as well! I couldn't afford those coins unfortunately
Rather a few that way if any spotting or bad tarnish happens ! You have a couple to fall back on ! My 2 cents !
I think in beginning I want more sovs than better sovs…. Now I believe it’s better have less but better. Congrats
1 awesome coin !!!!!
Like your thinking 🤔 Is it Rare and Qualitya new stacker
Thanks Raven
im currently trying to save for a BU victorian canadian 50 cents, just to have a focal point in my collection and to have a Unc exemple as a type for the set, after i will probably only buy high grade circulated one ( the victorian 50 cents series is by far the rarest set in the entire canadian coinage)
Also, that 1839 crown ... wow !
I think the valuable coin will always be a better investment are the ones to go for if an investor. If a collector then its what takes ya fancy.
Less isn’t more Numi. More is more (intrinsically that is) 😉
Diversity is probably
the solution to a long-term investment. As long as the item has shown a certain increase over the last 10 years.
Millionaire yes buy The one uneque coin. For me I'll take those young head Sovereigns.
Half a dozen average pieces of bullion. :-D Thanks for sharing such nice coins Numi. Looks like the resident troll is on vacation maybe!
Hi David. There's probably more to CC's absence than a vacation. I recently revisited an older video (sorry - can't be more specific), after which, CC was goading Joe B and Joe took the bait and lost his cool in his final reply. I noticed that all of CC's comments are now deleted, to the point where it now looks as if Joe is arguing with himself.
Just checked. Joe versus CC was Numi's video of 21st October: Mega Results Last Box.
@@goodasgold7167 I see. I assumed he was on vacation because he is also missing from Shadow Stacks channel.
The U.S. coin market is a lot more liquid than world coins. Heritage has U.S. auctions almost every month. This month they are currently having an auction in Dallas without a show associated with it. I've sold them what most people would consider high end coins and they paid me a fair price. Then they auctioned those coins over a period of months. Don't buy and holds coins as an investment because they are not. Most U.S. coin collectors are over 50 so prices are falling. If you are going to buy a high end U.S. coin make sure it's CAC approved.
Good advice for us coins. My view is that the growth potential is in the world coins and Rarities. These have massive potential and interesting stackers in numismatics is a big potential for the future
Does Heritage auction world coins in the UK? I've heard you've mentioned them in videos. One of the problems with bidding live in the UK is that you are 5 or 6 hours ahead of the USA auctions. I think U.S. coins are still overpriced while world coins are a better value. I also collect 8 escudos Spanish gold coins that I buy on Heritage's auctions for $1300-1600. Every one I've bought is NGC graded. NGC is dominant in world coins while PCGS is dominant in USA coins.
Hi Numi, I have a question please. Do you think I should send my Gold proof The Falcon from the beast series for grading. Bought it from Royal Mint ???
Several have done that and got good grades
Thanks
And me being silly opened it 😫 but will sent for grading
They're beautiful beautiful Coins new me
Did you know Brian May of Queen uses a 6 pence for a guitar pick?
1933 - 6d was struck for circulation however....
Yes but the proofs are VIP only
I am missing only the 1934 VIP 6d, so know the series well.
i would buy lots of coins , rather than just one... however i couldn't afford to do either..
I just need one more coin to finish my GB 1887 set.
Hi Numi! Dream Coin? U.S. 1804 Draped Bust Dollar! For $25,000 I would buy the best U.S. 1913 Type 1 Proof, Buffalo Nickel I could! *:-)*
American dreams
You bet Numi. You can't get more American than Frasier's Buffalo! *:-)*
Wouldn't where we are in an economic cycle matter?
Ihave one espanua rare 2002 gold
Anyone who knows where to find proof liberated at smaller sizes. Look the whole week at european dealers. I want many small pretty coins :(
I am of the opinion that you should buy the best coin you possibly can within your budget. However there is the old adage of not putting all your eggs in the same basket. Oh I like American old coins and British Not English coins however if given the opportunity I would buy Scottish and English gold coins pre the union of the crowns that is. Lol.
buy something better.....beans on toast for a week...lol its worth it. ....lol
maybe a rare banknote
Mixing it up millionaire JRW3
@@Numistacker The 1890 1000$ bill(The Grand Watermelon)just recently sold for 2.04 million
@@667hodge Grand Watermelon is a Holy Grail for banknote collectors.
@@ElTomekoRaszyn No doubt my friend.A little history on that,in 1970,that same note sold for 11K