Why you shouldn't buy the 2025 Silver Proof Sovereign

[@theonlyDerp]

Not paying close to 100 euros for a quarter oz of silver

[@the_islandstacker]

@@theonlyDerp good decision

[@jadenephrite]

Regarding 1:14, the thickness of the pure Silver Sovereign proof coin should be 2.56 mm whereas the 22 karat gold sovereign has a thickness of 1.52 mm. Regarding 2:50, the Silver Sovereign proof coins with the Privy Mark will have a mintage of 15,000 which is not among the 50,000 coins without the privy mark. The Silver Sovereign proof coin without the Privy Mark will cost £79.99 each. The Silver Sovereign proof coin with the Privy Mark will cost £125 each. The Privy Mark itself is a tiny shield with the year 1825 on it.

[@the_islandstacker]

@@jadenephrite thanks for confirming, as I feared the privy mark version is even more expensive which makes it's an absolutely rip off in my opinion. Just proves the mint is only after money charging that for less than 8 grams of silver.

[@JimWemm-ql1ge]

The price of them makes my decision very easy. I will be saving my money for next years golden coloured gold sovereigns! 🍻

[@MrDGoldchains]

Will be purchasing but probably waiting for secondary market for non-privy

[@the_islandstacker]

@@MrDGoldchains I would not buy on release and wait

[@JJJKKOKJAY]

£20-£25 delivered from eBay in June 2025! 😂

[@the_islandstacker]

@@JJJKKOKJAY I think so as well

[@SouthSideFrankie]

I will not be getting one. Agreed, as well there are plenty of bigger 1 oz bullion silver coins that have around 50,000 mintage. It simply is not that rare for the money. It is such a pity RM cannot think about their customers and offer good value. The price is well over the bullion value.

[@the_islandstacker]

@@SouthSideFrankie totally agree

[@coinstruck6079]

The 2013 £20 silver coin which has the St George & Dragon on the reverse (so the same as this new coin) sells for about £20-25. The 2013 is a BU with mintage (I think) of 250,000. So the secondary market price for the new 2025 proof silver sovereign would have to be much higher given it’s a proof, lower mintage and status as a sovereign as opposed to a £20 coin. I would like to get one of each but the price is quite prohibitive. Given the high mintage level I think it’s a safe bet to wait as particularly the non privy mark coin should be easy to source later. One question though. Is it a one year only issue?

[@the_islandstacker]

@@coinstruck6079 but was the 2013 coin the same size as what this will be? I think at best this will be £50 in a year or so, the RRP is just way too high for what it is, it's about £6.50 worth of silver for £125 for the privy version it's never going to make money. I think they might start to do it each year but as they do with the gold version.

[@JJJKKOKJAY]

No chance £20 in a few months on eBay!

[@coinstruck6079]

@ the 2013 £20 coin diameter 27mm and weight 15.71 grams. So the 2013 does have a larger diameter.

[@the_islandstacker]

@coinstruck6079 ok so double the metal content, I just don't see the new coin being much more even if it is a proof coin

[@johnhurrell9312]

classic Royal Mint cash grab. Greed.

[@aucourant9998]

This is probably the worst value coin they've ever produced.

[@the_islandstacker]

@@aucourant9998 definitely think so