King Charles III, new urgency to hoard his coins?

While it is tragic news that cancer has struck again, and we hope and pray for Charles' recovery, the chances for a shortened reign have increased. Does it make sense that the coinage with his likeness will become a hoarding target? Or will the Royal Mints (UK, Canada, etc) simply not distribute those coins while anticipating William's ascension?

What are your thoughts?

 

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There's no reason to hoard his coins - there are plenty of them out there. He was always going to have a shorter reign since his mother lived so long, like Edward VII who succeeded Queen Victoria and was only king for about 10 years.

 

It wouldn't surprise me if there was some hoarding in the short term, especially considering how few of his coins are in circulation at this point, but it won't matter in the long term.

 

Really depends on how many coins are made. My mother hoarded 1776-1976 bicentennial quarters back in the late 70's and into the early 80's. They only made those quarters for one year. Problem was, they made so many of them. She had a total of 16 coffee cans lined up along the walls of her walk-in closet full of those quarters before she realized they weren't worth anything over face value. She ended up rolling quarters for months on end and then turning them into the bank for paper currency in the later part of the 80s. She went out and bought a Camaro with the money.



Like I've said before, there's a fine line between "hobby" and "mental illness".

 

Does anyone actually like him?

 

Charlie doesn't want any speculation about his reduced public role, so he disclosed he has cancer. Yet the type of cancer remains a mystery. What's that all about? Why the secret about the type of cancer?

Not going to hoard any Charlie coins here. Y'all are welcome to procure mine.

 

This all must mean we will be seeing "news" about this family dynasty in the media again everywhere we look for the next 6 months. Just like when Harry married that woman from the US. The never-ending story.

 

Wow, what a leap. They haven't even said what type it is, other than it's not prostate cancer. And you're already having him abdicate? Or worse?

 

I knew it would end badly when he disregarded the fatal reigns of Charles I and II and went for Charles III. At least he didn't start a new Civil War yet. Ever since 1914, the English haven't been able to fully recover.

Nonetheless, there's always the possibility of a Charles IV, so perhaps there's still a chance.

 

Well, there is still time to screw up, but lately it has been the elected government (will she last longer than a head of lettuce?l.

 

What the layperson doesn't understand, is that they only made 1974-P quarters for one year too. And 1974-D, and 73-P, etc. Just because the reverse changes, doesn't make it any more uncommon than any other circulation issue.
And they made bicentennial quarters for two years, for what it's worth.

 

Don't know why either,i guess it's just a royal thing.King George VI had lung cancer for a pretty long time and it wasn't announced until his death.Not regular coins but if Charles does pass soon it might effect bullion related if his design is only for a year or two.

 

Your mother was a smart lady. She saved her quarters and bought a car. Nice

 

Take a step back and think about it. How many bicentennial quarters would one get in their pocket change over the course of around 6 - 8 years? Not 16 Folgers coffee cans full. She didn't put all these aside from her change. She went out and purposely bought them from various places such as banks, credit unions, etc. You have any idea how much time/effort it would take to collect this many, only to spend months rolling and eventually taking multiple trips hauling them down to the bank for paper currency?

Not so sure I'd call that exactly "smart". It did keep her quite busy though. For years to be exact.

 

Long Live the King!

I mean, is the world ready for a King Willy???

 

LOL. Sounds funny.

 

Well, yeah, Charles I lost his head. But Charles II did OK. Reigned 25 years, wreaked havoc on those behind the overthrow of his dad, was generally well liked by his subjects, and had 14 children by 7 women. None of the issue was legitimate; likely his queen was infertile. Then his brother James II had the throne until he was kicked off for being too Catholic. He was succeeded by his daughter Mary II and her Dutch hubby Willy III.

Cal

 

Yet now people are spending 2x face on eBay.
I had 4000 from a delinquent safety deposit box auction and I looked around for someone else who wanted them.
Crickets, so I cashed them in at face value.
It wasn't 3 months later that people were paying 2x face on eBay mine were all Uncirculated.

 

Shame on you

 

Live to deal again. Not so bad