$30,000 An Ounce Gold Is Finally Here!

I'm not sure that a thing like this belongs in bullion, but it does appear to be consistent with the going rate for these 2 oz novelty "coins". The Royal Mint made 325 of them, and originally sold them for 4995 pounds. That's higher than the bullion value, but not astronomically higher.

Who is in the market for these shiny metal chunks?

The original was an 1817 George III silver crown pattern. 50 were made. Heritage sold one in March for $312,000.

https://coins.ha.com/itm/great-brit...sults-012417

"I'm not sure that a thing like this belongs in bullion" maybe so, but the reason I did was bc the topic title reads "Precious Metals and Bullion". I figured that the coin qualified as a precious metal.

Seriously, I think that a lot of us are just figured as suckers by either the mint or sellers or both. I noticed that in the verification page no value was assigned to it, but that happens a lot. I am just saying that anytime I see the following phrases or ones like them, that the sellers are fishing for fools, sheep, or whoever just to make a few extra bucks on them.:

FIRST RELEASES
FIRST DAY OF RELEASE
FIRST 50 STRUCK
SIGNED BY WHOEVER

ETC., ETC, ETC.

For instance, I have a beautiful PR-69, 10 oz. platinum coin struck in 1986 by the Isle of Man. (I live in an old rv, no bills, eat top ramen, no hi-maint. wife or girlfriend). Saved a year for it.

Only 15 were ever struck. There are none graded in NGC or PCGS except for the one I got... in any grade. It is the only one that was ever graded, by anyone... period. I do not believe that in 1986 they were not all into that first this, first that stuff.

Do I think I got a quarter-million dollar coin? No. Maybe a 10th of that on a lucky day, at best. In my dreams perhaps. Plus the Isle of Man stuff is not valued all that much. Why? Are these not both British coins?

What I would like to know is what grand poo-pa decides the value of a coin when it is released? And then the masses agrees and buy and sells on that scale? Who? Who "at the top" has this kind of power? Who decides when a coin is being designed what the coin will be worth. Is there a Coin-God that deals with such matters?

Well, right or wrong, that is how I feel about it. Your opinion will problably be the exact opposite of mine. Who is to say what? Experts? Let me tell you, I have suffered, financially and otherwise, by the so-called "Experts" and "Professionals. I quit paying real attention to them years ago until I make up my own mind, because I have found that some to a lot of them are just either incompetent, ignorant, greedy or just plain crooks, designed to squeeze every nickel they can out of you.

And I am not just specifically referring to coins either. Boy, could I tell you some stories, the worst one being hundreds to thousands of special-needs kids being screwed out their inheritances because of a government so-called "error", which was not really an error. But they (a state government) did eventually get caught. But that did not help those who got boned before the correction was made. Many millions upon millions of dollars were concerned and it just went back to the government instead of their rightful owners... the disabled kids who had a right to a special needs trust but were denied them by a corrupt government. Well, who says life is fair, right?

just my ignorant opinion... am not saying that I am right in all matters.... mike

To my mind a deceptive promotion to help attain an unrealistic inflated price. The way is is promoted, probably still quite legal. Caveat emptor.

Beautiful coin ridiculous price. Based on a 1817 coin? I collect Wedgwood pottery also and you can see the influence of John Flaxman on William Wyon. This is a recent acquisition of mine I am fairly sure the designs are not by Flaxman but definitely in his style as well. Sometimes we think designers worked in a vacuum but they were influenced by each other

this is a design for a commemorative medal by Flaxman around 1819 you can see the similarities. If a modern company wanted to make this as a silver round I would certainly buy one instead of the junk designs they issue today

If you like Wedgwood, that's off the charts.