Hi everyone, I'm quite new to coins so I would like to get your opinions on something. One of my first purchases for the year is a limited mintage 2012 Diamond Jubilee Queen Elizabeth II 1/4oz Gold Coin ($25). Only 1000 of these coins were minted and this was my main reason for getting one, however I am starting to wonder if it was a worthwhile purchase. My aim here is to someday gain a profit from this coin as it holds no special value to me. Does anyone know whether or not this coin will go up in value due to its low mintage or am I better of selling it at cost price and invest in something else? Matt.
i might be wrong but I'm thinking that a royal coin like this would be a long hold. waiting for the throne to change hands or something else... Making a quick buck on a coin would be more like buying the first coin in a series and selling as soon as it sells out for the highest premium.
I wouldn't be buying this as an investment. I bought one for my wife as she is a Royal's tragic. I paid $700 which is under issue price, yet still $2800/oz. "Yeah yeah, I buy all these coins, I know .... but hey, here's one I got for you."
im a rookie at all this too. there is sooooo many coins out there. Does anyone that knows a bit about all this know of some good ones to chase? New release and older ones to go for?