I recently acquired this 2017 250 Pounds Britannia 20 oz silver PF70UC coin and have been trying to find out a bit more about it. Diameter 100 mm, mintage of not more than 350 pieces. Mostly available in PF69UC or DCAM so a perfect strike carries a much higher premium. People are paying and sellers are asking ridiculously high prices for the smaller issues in 70UC grade so I'm assuming the large coin with a much smaller mintage would command higher premiums. Any thoughts, inputs or ideas? Is it a keeper or something should not hold onto for very long?
I like it. If you paid anywhere close to spot you did very well. I have a few larger "bullion" type items with low mintages. You are correct that they can and do bring high premiums. Hopefully, that is still the case when I decide to sell. Whether or not it is a keeper is up to you. Do you like it?
I personally like this one, but the collector base seems to be rather small for this and when Kg sizes are available. So as Chris says, collector's choice.
Personally I prefer this design to many of it's predecessors. The idea of Britannia 'wearing' the British Isles and protecting it with her Trident and Shield is a nice touch to a 20th Anniversary issue. Having said that, the 2018-20 coins are very pretty designs too. Getting the 20 Oz Proof in PF70UC for spot or near spot or even 3X spot is IMPOSSIBLE. They are listed at $2,000 for an impaired proof coin on APMEX and several other sites. Whereas the bullion issues are more readily available in all weight variations, the larger Proof versions are very elusive. I think this could be a keeper at least for now
Is the 2017 Proof available in 1 Kg weight? I couldn't find any reference to a 1 Kg version for this Proof issue.
I don't want to start rumours, because I don't know about the 2017 year and have seen them only for 2018 and 2019. There may have been but don't recall exactly and google searches yield only a bunch of ads! I will keep an eye out however (not my size as I get the 1 and 5 oz silvers plus the platinums).
Take a profit soon if you can -- there's no way to know if holding it will get you more. I don't care for the modern design -- classic designs are timeless, IMO. I'm sitting on a bunch of silver pandas that don't seem to be of interest to speculators anymore.
You go boy! That is smart; dummies like me just sit on huge accumulations of such and even forget what they have!
I don’t believe in getting emotional about every coin I buy. At least I can say I had one of those or enjoyed that for a while. The very rare ones I would keep but for the others......well it depends what someone else is prepared to pay me for them
The design and the concept is great. But is it just me that at first glance - it looks like Britannia is checking her phone? As for the monetary side, These rarely appreciate over time unless silver itself gets a huge bump up. If you can get a profit on this one immediately - I would take it!
I remember when this design was first published, my first thought was - Why does it look like Britannia is Farting, I doubt the Irish will be pleased As for value, if someone is willing to pay 4 figures for less than £240 of silver I would take the money and run.
Took the advice given by all of you guys and took the profit.....40% after all costs and commission. Not bad I think for something I just acquired 3 months ago in the midst of a global pandemic!!!
