2022 Proof Memorial Sovereign - what I bought and why I bought...

แชร์
ฝัง
  • เผยแพร่เมื่อ 18 ม.ค. 2023
  • Hello and welcome to my channel!
    I am a full-time gold and silver coin dealer trying to educate the market 1 video at a time. If you like unboxings, want insight into how the market works or just want to hear me rant about the market then this is the channel for you :D I also show lots of wonderful Shiney from Bullion to Numismatic.
    If you like something you see and you want to buy or equally if you wish to sell to me feel free to email me at Shaun@backthemetal.com. if anyone wants to view my website please find it here www.backthemetal.com.
    If you want to support my channel, feel free to donate via the super thanks function, any donations allow me to take time out from trading to focus on making content
    please note I am not a financial advisor and as much as I am very capable in my field of work I am not permitted to give financial advice.
  • ภาพยนตร์และแอนิเมชัน

ความคิดเห็น • 86

  • @stephenmatura1086
    @stephenmatura1086 ปีที่แล้ว +2

    6:35 'I think the Royal Mint has been a bit greedy.' Understatement of the year.

  • @rjim1
    @rjim1 ปีที่แล้ว +5

    Wow, I thought I was pushing the boat out with my half sovereign! 😂

  • @kimchi_b
    @kimchi_b ปีที่แล้ว +3

    It's an incredible design, and you are definitely right on the halfs for new or future collectors being priced out of fulls...I would look at the mintages though (not that I have as I didn't buy this, but what I mean is the half collector market will only ever support the lowest key coin mintage numbers at a fat profit).
    I ended my modern proof collection with the Jubilee because Charles is on this, I don't regret it. Stunning coin but just that design is a little bit too much for me. I wasn't a huge fan of the Jubilee at the time but I actually think this makes it more of a 'restrained' classic, and do really like it now!
    Really appreciate your openness and honesty Shaun!

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +2

      I think its a fair point on the lowest key coin - I think these will be priced around the £500 mark when the dust settles in the mid term, expect them to stay low in price whilst the flippers scrap it out! I have spoken to a lot of people who have stopped with the Queen and I get it tbh. I think both this and the Jubilee will both do very well. Thanks for stopping by.

  • @ianritchie9017
    @ianritchie9017 ปีที่แล้ว +3

    That is one glorious coin, & understandable where you pushed the boat out, maybe not to the point of cash flow problems though, but it is a once in a blue moon occasion. I hope all your half sovereigns grade to 70 & you can sit back & relax for a number of years.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      I lost the plot a little - cue the results video! We both know I could never relax haha but I certainly am slowing down :)

  • @gunnargundersen3787
    @gunnargundersen3787 ปีที่แล้ว +2

    I bought a full and 1/2 Sovereign. They are beautiful. But I only bought one of each. You will not regret this long term even though it hurts financially now.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      I agree, sometimes you have to make power plays, Ill grade them keep 10 and slowly trickle the others out to new homes :) Thanks for stopping by

  • @golddiggerdave
    @golddiggerdave ปีที่แล้ว +1

    Also you might not want to instantly dismiss the first KCIII G&D proof sovereigns.

  • @BlacksmithBets
    @BlacksmithBets ปีที่แล้ว +1

    I wish mine would just arrive, it’s been nearly two months and customer service ignore me.

  • @ianbird7444
    @ianbird7444 ปีที่แล้ว +2

    Looking forward to mine coming they look better and better every time I see them think in a few years as they disappear from the market they will go up in value

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      I expect a slow burn as the flippers get hold and then the price will work itself up.

  • @golddiggerdave
    @golddiggerdave ปีที่แล้ว +1

    Shaun, if you are ever struggling to get proof 5 coin sets or anything that's high in demand you can try giving me a shout. I got 3 of these 5 coin sets and I'm in zero rush to sell, grading them all and sticking in the vault for a few years.........and no way should you be waiting in the RM que-it with the other muggles.......no offense muggles

  • @MilledSteel
    @MilledSteel ปีที่แล้ว +2

    I don’t know about the anniversary Sovereign but I’m thrilled to order some Chuck Britannia’s. Just happy there’s a change on the coins in 70 years. 😄

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      I was actually pleasantly surprised about the look of it - I was expecting something not that good but I think he looks good on the brits especially the silver!

  • @coinstruck6079
    @coinstruck6079 ปีที่แล้ว +1

    Hello Shaun, yes this design is splendid and definitely a classic.
    I went for the five coin set, £5 BU and Piedfort.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      Hello! I am never sure on the BU and the Piedfort coins myself, saying that had I bought anything else the wheels would ahve fallen off my business as I wouldn't have been able to buy anything!

  • @Professionalcynicalist
    @Professionalcynicalist ปีที่แล้ว +1

    I don't want to think about how much I spent last year on proof sovereigns 😅 If only they were as easy on the pocket as they are on the eyes 😄 Got the single and waiting for the 3coin set . Have to say my favourite sovereign last year was the strike on the day, I've high hopes for it in the future 🤞

  • @davidfarmer9598
    @davidfarmer9598 ปีที่แล้ว +1

    Good morning Sir.
    I thought you were having a rest.
    Still "needs must" I suppose.
    "This Gentleman". So much said with so few words!
    The English language, when used as God intended.
    So, thanks for that.
    Still smiling now, ten minutes later.
    I can confirm that the bloke (and we know it was a bloke) that made the "Die" is probably not the same bloke that fitted my kitchen.
    Its is something to behold; the hand of man.
    Regards

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      I am taking it lighter, there will be more videos as I a doing less on the coins but it means I can put out some of the older style videos.

  • @SovereignSaurus
    @SovereignSaurus ปีที่แล้ว +3

    It's an incredible design. I think having seen the design in a few places I prefer the proof 22 as it's a bit less busy. I thought these might have sold out quicker but can see them being popular as time goes on

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      I saw the design and fan girled haha

    • @VirginiaBikeWoman
      @VirginiaBikeWoman ปีที่แล้ว

      @@shaunoliver1703 It's a beautiful design. Reminiscent of the reverse designs on George IV and Victoria Half Crowns.

  • @womblestacker7993
    @womblestacker7993 ปีที่แล้ว +2

    Beautiful

  • @Stevenharknett
    @Stevenharknett ปีที่แล้ว +2

    I bought one of each quarter, half, full sov and the piedfort.

  • @Stevenharknett
    @Stevenharknett ปีที่แล้ว +3

    You really went for it Shaun wow the cash flow must have taken a hit but as they say fortune favours the brave. I have just had a 2017 graded and got a PF70 not sure whether to sell and buy bullion. I have noticed and correct me if I am wrong that there has been a lot of graded coins up for sale and not shifting. Some of mine never moved even with price reductions.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      Its always a tough market this time of the year! congrats on the PF70. The market tends to pick up around March/April but Im not sure if it will be slow heading into rough waters.

  • @piecesofeight
    @piecesofeight ปีที่แล้ว

    I concur, Shaun. It is a beautiful work of art.
    However I will only be getting the 1/2 and 1/4 Sovereigns.

  • @johnlee4897
    @johnlee4897 ปีที่แล้ว +2

    Magnificent! Thanks for sharing your early arrivals. My full and half are on their way tomorrow and then they'll head off to Numistacker for grading. So many nay-sayers lurking on the SilverForum saying the mintages are too high or they prefer 2022 Jubilee Sovs. I think they'll regret not picking up a few. For the serious collector, they are a must have just like the Sovereign specials and low-mintage years (have you seen how many 2014's full Sovs or 2015 5th portrait half Sovs were released - next to nothing).

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +2

      As a investor in coins, this coin ticks every box. The mintage is pretty low in comparable terms, the design is awesome, its the first of a new monarch. The price was higher than I would have liked but not out the bounds taking the biscuit. I don't really follow the nay sayers everyone has an opinion but from experience of trading these should do well (doesnt mean they will..) Time will tell and I hope you coins grade well :)

    • @johnlee4897
      @johnlee4897 ปีที่แล้ว

      Mine arrived today. Full sov was perfect but half has tiny frosting breaks and small scratch on Charles's cheek. Scrutinise your halves with a good loupe. You might find a number of disappointments.

  • @Stevenharknett
    @Stevenharknett ปีที่แล้ว +2

    Some say the piedforts do not do well when grading however, with such a low mintage I am betting on the striking being good.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      Im undecided on the pied forts it was outside of my comfort design

  • @Stevenharknett
    @Stevenharknett ปีที่แล้ว +1

    Great vid BTW.

  • @Keeperscrypt2929
    @Keeperscrypt2929 ปีที่แล้ว +1

    Hi you still got any for sale I am just starting out and this is a beautiful coin and would love a proof coin if poss

  • @Stevenharknett
    @Stevenharknett ปีที่แล้ว +2

    Hi Shaun I graded the 2014 a bit disappointing as it got a 69 I was sure it would get a 70 just goes to show you cannot take anything for granted with NGC and I also paid for conservation so not best pleased but hey ho the 2017 did me proud so mustn't grumble.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      Nothing is a given sadly. Ive got a 2005 coming back that I think is a 65! its a proof :/

  • @chrisb.h4605
    @chrisb.h4605 ปีที่แล้ว +2

    Nice , I was one of the first in queue at the R.M release .. if I remember correctly .. still no shipping or dispatch details yet , I agree with you on this .. that's why I went for the half .. will be my first ever , but with a single mintage limit of 3,000 together with the price , I think they will do well ..
    The R.M are running out of time if they are going to release the bullion version of this , as well as the 2023 King Charles sovereign ...

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      im waiting on the 5 set from the Mint but have received all 25 I purchased from other dealers :) I think it has all the hall marks of a £500 coin in the making.

    • @kimchi_b
      @kimchi_b ปีที่แล้ว

      Thought the bullion release had been confirmed for pre-orders? 2023 proof will come soon I'm sure (just before Coronation?).

    • @chrisb.h4605
      @chrisb.h4605 ปีที่แล้ว +1

      @@shaunoliver1703 If not more ... especially when you think of where gold seems to be going ..

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      @@chrisb.h4605 I think gold has a bright future in terms of price but like all assets it will go up and down. I will sit on these coins to the £500 mark.

  • @Stevenharknett
    @Stevenharknett ปีที่แล้ว +1

    Did you think my price for the 20 krona was high or about right. Hard to gauge but it has potential for someone who collects them.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      Facebook me the price again, I would need to research it. I thought it would grade better it got a 63 right?

  • @the_islandstacker
    @the_islandstacker ปีที่แล้ว +2

    Your lucky you have them in hand, I have a 3 coin set and full sov on order which I'm not likely to see to send of Feb even though I ordered on release day

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      These came from dealers - I am still waiting on the 5 coin set from the Mint - I have pretty much forgot about it annoyingly!

    • @the_islandstacker
      @the_islandstacker ปีที่แล้ว +1

      @@shaunoliver1703 I tried for the 4 coin set but annoyingly the mint decided to suspend my account on launch day so couldn't order so went to another dealer. But the coin does look good, can't wait to see it in the flesh.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      @@the_islandstacker I am a huge fan of this coin - I do think it might struggle with grading mind you. Its a shame you missed out on the 4 coin set I think the double will do ok.

    • @the_islandstacker
      @the_islandstacker ปีที่แล้ว +1

      @@shaunoliver1703 I will keep my fingers crossed to get 70s to go with the jubilee ones I have but might be hard.
      It's a shame but that's life. Are you going to buy the bullion version of the memorial sovereign?

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      @@the_islandstacker Every time the different design bullion sovereign comes out I have every intention of buying and then dont - I want to say yes but from experience probably not :(

  • @adamtanner4023
    @adamtanner4023 ปีที่แล้ว +2

    Good luck with grading m8

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      Thank you and thanks for stopping by

  • @dleetr
    @dleetr ปีที่แล้ว +1

    So is this design going in the bullion Sovereign?

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      Ive been told they are doing bullion sovereigns with this design

  • @albertboulderwardthe3rd590
    @albertboulderwardthe3rd590 ปีที่แล้ว +1

    Hi Shaun, yes agreed it is a stunning coin and future classic dare i say. I have the full sov, but here is a heads up to you and anyone else, my coin seems to have a very slight mark between the C and H of Charles. I suspect quite a few will have unfortunately, Regards.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      I do think there will be more issues with this design. Its a very intricate design. We shall see - can you get a replacement?

    • @albertboulderwardthe3rd590
      @albertboulderwardthe3rd590 ปีที่แล้ว

      @@shaunoliver1703 Hi, not sure about that, but would RM have any more to replace it with?

    • @albertboulderwardthe3rd590
      @albertboulderwardthe3rd590 ปีที่แล้ว +1

      Would be interesting to know if anyone else has noticed any issues with their coin(s). Like you said Shaun its an intricate design, but the mark i have noticed is not on the busy side.

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      @@albertboulderwardthe3rd590 I’m pretty sure when you get it from the royal mint they have a return slip should you want to send it back/replace. I’m not sure if the royal mint make more than the limit and then destroy the extras.

  • @Stevenharknett
    @Stevenharknett ปีที่แล้ว +1

    The 2014 one 20th Brit. Think I will struggle to break even.

  • @365DaysofSilver
    @365DaysofSilver ปีที่แล้ว +2

    Its a nice design but I refused to get involved due to the prices, felt like a huge cash grab!

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      It was a cash grab but that doesnt mean it wont do well (or at least thats my view)

    • @365DaysofSilver
      @365DaysofSilver ปีที่แล้ว

      @shaunoliver1703 I agree that the halves have a better potential long term due to the lower mintage

  • @goldsilverman
    @goldsilverman ปีที่แล้ว +1

    good luck - it's a bet tied to gold too. you paid 375 gbp per sovereign or half sovereign ? that's not a lot over spot for full sovereign is it?

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      375 for halves. They are not cheap coins! I feel the benchmark is the other special year designs alot of them trade hands at £500 :). Spot is less relevant in this type of coin, consider it the bargain basement bottom as Ive paid pretty much double spot so in theory I can lose 50% of my investment :)

    • @goldsilverman
      @goldsilverman ปีที่แล้ว +1

      @@shaunoliver1703 Spot is inching up anyways. And smaller coins always have big premium. There are people like me who will pay for them in the NGC holder If the date is significant for family or self. I try not to buy much modern. If you ever come across the 1980 gold Saddam Hussein medal or the 2020 Somalia Donald Trump gold coin, please contact me

  • @leeperola7023
    @leeperola7023 ปีที่แล้ว +1

    I went for the quarter, like most people I'm POOR. 👍🏴󠁧󠁢󠁷󠁬󠁳󠁿

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      Its getting tough for a lot of people and its something that does worry me. I don't think you will go far wrong I just dont like the Quarter personally.

    • @leeperola7023
      @leeperola7023 ปีที่แล้ว +1

      @@shaunoliver1703. I kinda thought the standard 2022 quarter sov with the queen on it, would match the 2022 Charles one. (I was wrong) 😡

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว

      @@leeperola7023 Different design. can always send it back to the mint mind you if you dont like it :)

    • @leeperola7023
      @leeperola7023 ปีที่แล้ว +1

      @@shaunoliver1703. Nah, I'm sure in a few years I can sell to someone as a pair. I will try eBay for one million shekel"s. (Hehe).

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      @@leeperola7023 one millón shekels hahaha

  • @unlockeduk
    @unlockeduk ปีที่แล้ว +1

    if i find one in my price rang ill get a half but.........my range is very clodse to spot

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      On the one hand you wont go far wrong with that approach on the other you wont go far right either as you will miss alot of opportunities.

    • @unlockeduk
      @unlockeduk ปีที่แล้ว

      @@shaunoliver1703 yeah thats fair point but i dont have a huge disposable income i only started buying gold and silver 6 months ago and been on benefits so 1 kg of silver and 2 half sovs is good in my book......i just got a new job in security so i hope i will be able to save decent amount now

  • @unlockeduk
    @unlockeduk ปีที่แล้ว +1

    as it stands i can only afford halfs ....anything with a big premium...no thanks

    • @shaunoliver1703
      @shaunoliver1703  ปีที่แล้ว +1

      Thats fair enough - There is something for everyone in the coin world, there isnt really right or wrong just preferences and circumstances :)

    • @unlockeduk
      @unlockeduk ปีที่แล้ว

      @@shaunoliver1703 for sure i can mostly afford silver lol