New 2014 Proof Britannia is an absolute beauty

I haven't checked my raw 5 oz 2014 proof since the day after I purchased it, sealed it in 3 layers of non-reactive plastic, and stored it in my SDB.

I probably won't open that package for quite a number of years as I don't intend to sell it and I can always go to the box and withdraw the NGC slabbed version to admire.


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Milk spots are just conspiracy of the banksters to reduce people's motivation for buying silver.:P
 
I saw a 1999 USD with best offer not long ago. Maybe someone bought that already.
 
Stark said:
Supposedly sold for 2500$. If this is true I think this is the record:

http://www.ebay.com/itm/2014-5-oz-S...OfcGSTFUDBQQL2GvJE3U8%3D&orig_cvip=true&rt=nc
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Yes, probably sold off eBay as to avoid associated fees. Every coin sold of a particular low mintage type becomes part of the market value of that coin type. The one excellent thing about coins sold on eBay is that in most cases there is a record of the actual selling price....and if a lower offer was accepted, at least there is the listing price which has relevance.

I think it's indisputable that for most modern coins, eBay is a key tool in helping to determine coin values.



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Pity the 5oz has some milkspots, otherwise it would have been worth the money. Hope the bidder can see it too :P
 
I wanted to share the same auction.:)

I wonder when they will make next time so awesome design.:)

If I could go back in time I would buy a few, get them graded and sold 1 or 2 in the future.;)
 
the most beautiful thing with recent years proof britannias - they do develop milk spots, even ms70 2014 5 oz ones
so you get premium coin, top graded, which is giving milk with the years.
good investment which generates some staff along the way

P.S. indeed very nice looking coin but count your risks properly
 
If all the proof Britannia's are going to develop milk spots then the only way to own one is to own a milk spotted coin. That doesn't mean it's a coin that can't see appreciation....it means that since the playing field is leveled (if it's true that all will develop milk spots) collectors who want to own the coin in question simply understand that no coin of that kind will be blemish free and that as is always the case, market demand drives the price.

It's really not very different to 1943 steel US cents. Eventually, unless their surface is altered or unless they are forever kept in a near vacuum, it may be that all will eventually develop rust. And so if you want to own one, you will have no choice but to understand that it will develop rust at some point.




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Stark said:
If you want to sell it, please contact me.:)
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I don't have one, before I started collecting coins. I am just curious how much a MS70 coin that is selling in a range of $1700 to $2500 sells for if it was slight more common MS68 but with spot.

Like mmissinglink state I presume it won't be selling for spot, even if it lost 50% premium that is still a hefty gain?
 
Ipv6Ready said:
Stark said:
If you want to sell it, please contact me.:)
Click to expand...

I don't have one, before I started collecting coins. I am just curious how much a MS70 coin that is selling in a range of $1700 to $2500 sells for if it was slight more common MS68 but with spot.

Like mmissinglink state I presume it won't be selling for spot, even if it lost 50% premium that is still a hefty gain?
Click to expand...



There's not a snowball's chance in hell that this coin would ever sell for spot in any situation unless someone destroyed one by scouring it with extra course steel wool until all remnants of the designs were completely ground away and you were left with a flat slug.


By the way, there is no NGC graded 67 or 68 condition for the 2014 5 oz proof Britannia. The only grade lower than a 69 is a 66 and there's only 1. So, it's possible that if you find someone selling that 66 graded Britannia, you could conceivable buy it for around USD $1300-1400 or so. It's really hard to say what the market value would be since none in that condition have sold that I'm aware of.




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