Posts Tagged ‘Sell out’
What happened when The Royal Mint launched the official Coronation coins?
Today, we witnessed the monumental launch of the official UK Coronation coin range.
And as you would imagine, the coins released for the biggest royal event in decades have generated insatiable demand. The Royal Mint have already SOLD-OUT THIRTEEN of their specifications.
Featuring a 50p, £5 and an Ounce range, these FIRST Coronation coins were made available in BU, Silver Proof, Silver Piedfort, and the most prestigious quality – Gold Proof.
OVER 60,000 Collectors Waited…
The story began at 9am, when we were greeted by a queue of over 60,000 on The Royal Mint’s website.
And since then, we have seen almost immediate SELL-OUTS…
Sell-Out After Sell-Out
The growing queue soon resulted in the 16-MINUTE SELL-OUT of the Struck on the Day Sovereign, going off-sale from the Mint at 9:16am.
The sell-out of the 1/40th oz Gold coin came next, selling out an impressive entire edition limit of 2,023 in just over twenty minutes!
The prestigious 1oz and ¼ oz Gold Proof Coronation coins soon followed suit and sold-out too.
Next were all the coins in the Gold Ounce range to sell-out of their edition limits, which ranged from 500 to 2,023.
Then, the 5oz Silver with an edition limit of 1,500 was next to sell-out…
Even the large edition limit of 3,250 belonging to the Silver Piedfort 50p and Silver Piedfort £5 coins have BOTH SOLD-OUT!
But most impressively so far, BOTH the prestigious Gold Proof 50p and Gold Proof £5 specifications have sold-out of their 500 edition limits!
2023 Annual Sets SELLING OUT fast!
The 2023 Annual Set issued earlier this morning was rumoured to be the most sought-after commemorative annual set to date…
…and the rumours were true.
The coins are the very first 2023 dated coins to feature King Charles III’s portrait on the obverse and collectors have been racing to guarantee them for their collections.
Record breaking sell outs
Within just 16 minutes of release, the Silver Proof and Silver Piedfort specifications of the 2023 Annual Set were no longer available to order at The Royal Mint.
The Premium Proof and Proof 2023 Annual Sets were also in high demand, becoming unavailable to order at The Royal Mint in less than an hour of release.
A new era of UK coinage
The 2023 Annual Set includes two brand new 50p coins, two £2 coins and a new £5 coin.
Each of the coins in this highly sought-after set feature King Charles III’s portrait on the obverse. And importantly, this is the first time His Majesty‘s effigy is seen on a UK £2 coin.
The issue of the 2023 Annual Coin Set marks a new era of UK coinage. You can still secure the set in Brilliant Uncirculated quality here.
The most sought-after Winnie the Pooh 50p coins yet!
The final coin in the Winnie the Pooh 50p series has been issued today, marking an end to one of the biggest sell-out stories of recent years. Secure yours here in .925 Sterling Silver >>
And, considering the drastic edition limit cuts to the 2022 coins, THOUSANDS of collectors are set to miss out on completing their collection…
Celebrating 95 years of fun-filled adventure, these charming 50p coins each feature designs of the best-loved characters from A. A. Milne’s original stories, with original illustrations from E. H. Shepard.
When the first three coins were issued in 2020, they took the collecting world by storm. They were so popular that the very first Silver Proof 50p featuring Winnie the Pooh himself – SOLD-OUT in LESS THAN 24 HOURS!
Tigger 50p sells out
Collector demand continued into 2021 with the second series of Winnie the Pooh 50p coins.
Featuring some of Winnie the Pooh’s most trusted companions, these coins each had an edition limit of JUST 18,000 for their Silver Proof specification.
In fact, so popular were these coins that the Tigger 50p is no longer available at The Royal Mint.
As collectors anticipated the issue of the final three coins in the series in 2022, at The Westminster Collection, we were already expecting demand to outweigh supply.
JUST 6,000 ISSUED WORLDWIDE
That’s because JUST 6,000 of each of the Silver Proof 50p coins have been issued worldwide – one third of the edition limit of the sell-out 2020 and 2021 coins!
12,000 collectors missed out on the Eeyore Silver Proof 50p as it sold-out in a matter of hours at The Royal Mint.
Undoubtedly, this final 50p, which features a design of the most popular Winnie the Pooh characters, will be just as popular. Unfortunately, this means many will likely miss out on securing it for their collection.
How much is the Winnie the Pooh 50p worth?
The first and last issues in any coin series are hugely popular with collectors.
When a theme is as universally popular as Winnie the Pooh, there are no surprises collectors rushed to get their hands on the UK’s first Winnie the Pooh 50p.
Much like first editions of best-selling books, or the first run of banknotes, UK-first coin issues can sell for well over their retail price on secondary market sites.
And, with edition limits as low as this, we knew the sell-out potential for this coin was high, and collectors knew it too.
Don’t miss out on the Winnie the Pooh and Friends 50p!
If you want to be one of JUST 6,000 lucky collectors to own this BRAND-NEW coin in .925 Sterling Silver, you’ll need to act extremely fast.
Click here to secure yours for the Royal Mint issue price of JUST £67.50 (+p&p) >>
