Curious About The 20 Pound Coins

I haven't, but there's a thread. Basically it's the first time this coin has existed, it's not a circulating coin or anything, it's more a way for The Royal Mint to make money. But people say it's worth 20 quid and they can get it for 20 quid so they're not losing any money. Paying more than this would be just because you actually like the coin, rather than any investment.

Had three, moved two on at cost to friends. Nice thick coin, packaging a bit naff but to be expected for a coin with no mark-up. Only purchased myself because I love Pistrucci's classic design, had it not had that I probably wouldn't have bothered tbh as I don't really see this going anywhere in terms of price.

Norm

The coins do have more silver than the Canadian $20 for $20 series.

I hope they don't go the route of the Royal Canadian Mint with making more than one each year.

Ken

I purchased 3 when they first came out.
I personally disagree that they are not worth the £20, purely due to the fact that the face value is £20.

To a coin collector, I don't think these will ever be a must have, but I think to a NON collector, this is 'cool'.
As a reasonably new collector, I don't have many collector friends, and when I try to show off my coins, I get a lot of Yawns! But this is one coin that most people think is cool, purely through it being a £20 coin.

The funny thing is, these were selling at £40 each on ebay at one point, considering they are still available for £20 each, I found it quite funny.

As to whether you should buy them, I would say no. I have the option to buy more, even though they are limited to 3 per person, I can get more via other friends and family, but, I see the value of them decreasing already, and I think now, if I sold them, I would struggle to get the £20 back.
I actually quite like the coins, but I don't like them any more than other coins I buy for a third of the price.

If I could go back, I would have still bought them, but I would have sold them via ebay and made a quick buck.

I see these being like the £5 coins, that you struggle to sell for £6 now, and no 1 would actually take them to the bank and change them for cash, so just a coin that will sit in the collection gaining dust, losing more of the cool factor the older it gets, and the more they release.

Westminster coins were buying these @ £25 for a period, so they clearly plan to sell them on later at quite a premium. I think if RM were a little less greedy, and limited them to something like 50,000, then they would have sold out pre-release and the £40 per coin would have still been going, and there would be a rush for next years coin.

I don't think I will buy next years coin now, but I will at some point stick a couple of the ones I have on ebay at £30, if they sell, I may use the profit to get the next one, but maybe not

The more I type, the less I want these coins :/