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2006 proof britannia question

jamakinjamakin Posts: 1,055
in World & Ancient Coins Forum
Was looking thru ebay auctions and on a lark bid on a 2006 proof britannia , got out bid at 100 and watched it shoot to $280
I was a little surprised how high it went! Checked previous auctions and saw another that when for $375
Are they that scarce or is it just shill bidding? These were availible just a few months ago for $80 from the royal mint for heaven's sake.
Anyhoo seeing that made me stop dragging my feet and buy the '07 proof britannia while the royal mint is still offering them.


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    ca0100000ca0100000 Posts: 362 ✭✭
    I was watching it also. Seems like all the prices for the proofs have been going up. Even from other sellers.
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    ColquhounColquhoun Posts: 545 ✭


    << <i>Was looking thru ebay auctions and on a lark bid on a 2006 proof britannia , got out bid at 100 and watched it shoot to $280
    I was a little surprised how high it went! Checked previous auctions and saw another that when for $375
    Are they that scarce or is it just shill bidding? These were availible just a few months ago for $80 from the royal mint for heaven's sake.
    Anyhoo seeing that made me stop dragging my feet and buy the '07 proof britannia while the royal mint is still offering them. >>



    Seems a tad excessive to me, in that money range I would rather have my money in cased set (two 97 sets sold recently for that kind of money). With that said, I still think Proof Britannias are a bargian with their minisucle mintages.

    "I am sorry you are unhappy with the care you recieved, is their anything I can do for you right now, how about some high speed lead therapy?" - A qoute from my wife's nursing forum

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    pendragon1998pendragon1998 Posts: 2,070 ✭✭✭
    Interesting. The 2007 in NGC PF69 barely sells for the cost of slabbing and shipping. I think these will go up in time.

    EDIT: I originally said MS69, rather than PF69.
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    7Jaguars7Jaguars Posts: 7,268 ✭✭✭✭✭
    Remember, the post was about proofs, not "cuurency" uncs., and slabbed British coins do not always have the cache they may have with US. So I would not necessarily get as excited about the latter. I think the proof prices may go on a ride and come down just as the piefort 1983 silver pounds did....
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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    pendragon1998pendragon1998 Posts: 2,070 ✭✭✭


    << <i>Remember, the post was about proofs, not "cuurency" uncs., and slabbed British coins do not always have the cache they may have with US. So I would not necessarily get as excited about the latter. I think the proof prices may go on a ride and come down just as the piefort 1983 silver pounds did.... >>



    I mistyped: I meant to write PF69 rather than MS69 (previous post corrected). I've seen a couple NGC PF68 and PF69 2007 britannias go for around $100-$115, which is roughly the cost of the coin + slabbing + shipping to and fro.

    Most of the uncircs are also fairly close to cost plus slabbing for MS69s.
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