Should I buy it?

Have a chance to buy a 2012 PF70UC 1 pound silver britannia. The price is "right".

Thing is, this coin only had a mintage of 2,500, and since it's a PF70, that's even better.

Now putting the collecting aspect aside, I wonder if in say...20 years, the price of this piece will go up due to low mintage and high grade.

 

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Who says it is PF-70? Remember the most important thing is not what someone in a musty and windowless Floridian office thinks of a coin - but what YOU think of it.

 

I should've said...it's in NGC plastic.

 

well if the price is right snag it up!

 

What is the price?

 

Buy it if it looks right, don't buy based on what NGC says it is. Buy the coin, not the plasticized opinion of a caged hermit in a windowless office.

 

Mainly this. It's a half ounce bullion proof piece. They *should* grade PF69 or PF70, with the occasional PF68 here or there.

 

Unless I am missing something, the silver Britannias are 2 Pounds, not 1 and 1 ounce silver not 1/2. The 2012 is a repeat design that I passed on. I believe the mintage for the 2012 Proof is 2450. The silver proofs are a good investment if you get it at the right price. The quality control at the Royal Mint has been having some issues lately and a certified PF70 might be a sleeper. I however, prefer the uncirculated versions.

 

The 2007 is the best design IMHO.

 

This one?

 

That is nice and all, but the Chariot is the best design.

 

I'll see your 10 year old design


And raise you a 2010

 

I don't know. What if it comes and you're happy with it?

 

Pretty nice designs. Too bad they have to design coins one sided. I bet the brits could do some nice work if allowed to use boh sides of the coin.

 

What do suppose the odds are that it
Won't deteriorate in the slightest over
20 years? Keeping in mind that slight
is all that is standing between PR70
and big yawn PR69. And of course
we're assuming that chemicals and
or methods used in it's production
have not already preordained it
to haze.

What about a toned EF45? What are
the odds that slight detetioration will
even be noticable?

 

I wonder what coins in slabs are going to look like in 20+ years, heck I have seen examples of coins that rotted in slabs. Slabs are made of plastic. Which the TPG's claim is inert. But plastic is made from polystyrene - we all know the effects of polyvinyl chloride - but what about the long term effects of polystyrene?

 

Scottishmoney

I have a MS64 Walker in a PCGS rattler
that's over 20 years old. It looks
like it held up okay. But I still like
Lucite. Everything else just seems
feeble compared to it.

 

If someone really wants "long term" coin storage, the only items I believe that have proven themselves are clay and glass vessels. I read once that a glass jar with a glass lid was found buried containing as struck coins about 700 years old. No toning or anything. Of course, clay jars are found all of the time buried with ancient coins inside, but since it was not sealed the coins tone.

 

I remember a tongue in cheek New
Year's predictions in one of the publications
where it predicted TPG's, would no
longer return slabbed coins but would store
them in abandoned ICBM silos and
just issue a certificate. Thereby going
full circle back to beginning.