2006 silver britannia proof has arrived

drjules

I don't know how long these have been up for sale on the Royal mint website but here they are. Limited to 2750, or is that a reflection of the interest they will generate at the bargain price of 47.50GBP

2006 proof brit

Needless to say I ordered one!

Dr J

Hyperion

did you actually get one ? Id be suprised if it didn't already sell out...

drjules

Good question, I have no idea when it went on sale and the Royal Mint website has been vague about sell outs in the past. My hunch is the high price will put off buyers, so I may get one

I'll keep you posted

Dr J

KoinDawg

Yikes, 47.50 United Kingdom Pounds = 89.4328 United States Dollars

You'd pay $90 for one ounce modern bullion coin?

cosmicdebris

Anyone wanna buy my whole modern Britannia collection?

drjules

<< <i>Anyone wanna buy my whole modern Britannia collection? >>



I wondered when that would come up



Dr J

drjules

<< <i>Yikes, 47.50 United Kingdom Pounds = 89.4328 United States Dollars

You'd pay $90 for one ounce modern bullion coin? >>



The mint really has me on this one, low mintage and I have the other proofs so far

Dr J

Steve27

Nice looking, but the price is a little over the top.

trozau

<< <i>Anyone wanna buy my whole modern Britannia collection? >>


Pardon me for hijacking the thread: Cosmic, are you buying a VW? I believe they have a promotion where they give away a free electric guitar with a VW purchase.

cosmicdebris

<< <i>

<< <i>Anyone wanna buy my whole modern Britannia collection? >>


Pardon me for hijacking the thread: Cosmic, are you buying a VW? I believe they have a promotion where they give away a free electric guitar with a VW purchase. >>



I've seen the Mayer and Slash commercials for it. However, I doubt I will buy a VW to aquire a guitar.

Hyperion

myself ? I think the britannia proofs if kept in perfect shape will be something your childrens children find to be quite valuable, especially as world coins take thier rightful place in the realm of US numismatics. anyway, my impulse purchases are savved for gold coins, so Ill leave the silver britannia proofs for the next guy

MichaelS

I received my 2006 proof several days ago. Here's a quick scan of Britannia:


High-Res Image

For comparison, here's my 1998 Britannia:


High-Res Image

Doesn't the '98 look sharper, and the '06 frostier?

-Mike

kimon1230

According to the Royal Mint site, the price for it in USD is $75

I think that's a bit pricey, especially for a coin with just under 1 troy ounce of silver.

Add to that $9.95 for shipping and it becomes a too expensive.

What's the market like for these? What is a, say, 2002 going for?

MrEureka

I think that's a bit pricey, especially for a coin with just under 1 troy ounce of silver.

A cup of Starbucks coffee will run you an average of $3.50 in London. Makes the coins seem cheap.

7Jaguars

Boy, Britannia sure looks mean in these larger silver formats (vs. the gold).

drjules

I like the 1/10oz gold britannia proofs too though

Anything larger and I would go for a sovereign (or 5 pound)



Dr J

MichaelS

<< <i>According to the Royal Mint site, the price for it in USD is $75

I think that's a bit pricey, especially for a coin with just under 1 troy ounce of silver.

Add to that $9.95 for shipping and it becomes a too expensive.

What's the market like for these? What is a, say, 2002 going for? >>



The BRM didn't offer a silver proof Britannia in 2002; only an uncirculated. But that year's uncirculated looks like a reverse proof.

APMEX is selling the 2002 BU for around $25.

-Mike

kimon1230

<< <i>

<< <i>According to the Royal Mint site, the price for it in USD is $75

I think that's a bit pricey, especially for a coin with just under 1 troy ounce of silver.

Add to that $9.95 for shipping and it becomes a too expensive.

What's the market like for these? What is a, say, 2002 going for? >>



The BRM didn't offer a silver proof Britannia in 2002; only an uncirculated. But that year's uncirculated looks like a reverse proof.

APMEX is selling the 2002 BU for around $25.

-Mike >>


Thanks. I guess I picked the wrong year for a comparison. I don't know anything about Britannias, other than what I read about them the other day on the BRM site.

In any case, the proof appears to be way too expensive. I will admit it's a beautiful coin, but to me it's not worth $85 to someone else, it may even be cheap. YMMV

drjules

For comparison last years proof Britannia sold for 35GBP from the Royal Mint, I think that had a mintage of 10,000 though

Dr J

drjules

I last TTT for this thread as I just heard that the coin arrived today, I had it shipped to my parents in England to save on the postage charge. They just bring all my coins over the pond when they visit

Dr J

kimon1230

<< <i>I last TTT for this thread as I just heard that the coin arrived today, I had it shipped to my parents in England to save on the postage charge. They just bring all my coins over the pond when they visit

Dr J >>


Congrats and enjoy!

Tootawl

<< <i>Yikes, 47.50 United Kingdom Pounds = 89.4328 United States Dollars

You'd pay $90 for one ounce modern bullion coin? >>


With the current conversion rate, they are down to $75 as of tonight.
I forgot to order one until tonight.

MichaelS

<< <i>

<< <i>Yikes, 47.50 United Kingdom Pounds = 89.4328 United States Dollars

You'd pay $90 for one ounce modern bullion coin? >>


With the current conversion rate, they are down to $75 as of tonight.
I forgot to order one until tonight. >>



It was $75 when I placed my order back in September. Did the price fluctuate between then and now, or is the BRM giving us in the USA a discount of sorts?

-Mike

MichaelS

Interesting to note that the maximum allowed mintage for the regular 2006 silver proof is 250 less than the max for the selectively gold-plated Britannia Silhouette set they sold earlier this year. Though I wouldn't be surprised if they sell more of the regular proof, since the Silhouette set was so expensive... did anyone actually buy a set? I did not, mainly because I didn't care for the look.

7Jaguars

Uhh, and maybe the price - 525 seems pretty high. I guess the 20th Ann. Eagles put it to shame, or at least the gold...All relative, shudder to think what demand would do to an American Eagle with that mintage.

drjules

<< <i>Interesting to note that the maximum allowed mintage for the regular 2006 silver proof is 250 less than the max for the selectively gold-plated Britannia Silhouette set they sold earlier this year. Though I wouldn't be surprised if they sell more of the regular proof, since the Silhouette set was so expensive... did anyone actually buy a set? I did not, mainly because I didn't care for the look. >>



I bought the silhouette set, I just haven't seen it in hand yet as it was shipped to the parents in England and it hasn't been carried over the pond yet. I'm not sure if it sold out but I guess it did. The limited mintage (as well as the design) attracted me. But the price made me have a bad case of buyers remorse when it hit the credit card! I took a gamble on it and I'm not sure it will pay off, the design was not endorsed by the original artist Philip Nathan

Edited to add - I can't see the silhouette set on the Royal Mint website any more so it looks like a sell out. Also if you want to talk about big price mark up check this out

1/10 oz gold for GBP 89.95

Dr J

7Jaguars

OK, not going to hijack the thread but 170 USD for a 1/10 oz piece is ridiculous - that would be 125 for the minting and packaging!