Irish Euro Gold and Silver Commemorative coins

hexosan · 12-04-2013 4:25pm

Blade wrote: »

I wouldn't mind I actually got an invitation to the official launch where I could have got as many as I wanted before they went on sale to the general public. Still I didn't think much of it and didn't bother going, but they must have been expecting big interest from the Joyce fans. Anyway I just about got an order in which will be sent by post, a lot handier than going to the CB and queuing for 2 hours if that's what happened today and yesterday.

I often wondered how you get invited to these launches.

Cavehill Red · 12-04-2013 4:37pm

Blade wrote: »

I wouldn't mind I actually got an invitation to the official launch where I could have got as many as I wanted before they went on sale to the general public. Still I didn't think much of it and didn't bother going, but they must have been expecting big interest from the Joyce fans. Anyway I just about got an order in which will be sent by post, a lot handier than going to the CB and queuing for 2 hours if that's what happened today and yesterday.

There was no 2 hour queue at any point, I don't think. 20 minutes perhaps, but no longer than that. I was in yesterday, and my kid was in today, and while there was a constant queue both times (and a pal who works in the building said there was a queue from when the doors opened until they shut yesterday), it was acquitted quickly enough because there was never more than a few dozen people in it.
That said, they sold 7,000 on the first day and sold out by lunchtime on the second, which is unprecedented. Coins were limited to 3 apiece, later reduced to two. There is a large Joycean market for this as well as a coin collector market. I wouldn't be surprised to see it do as well over time as the Collins coin has. Maybe better.

DMcL1971 · 12-04-2013 4:40pm

The Central bank just updated their website to confirm the coin is sold out.

The Silver Proof €10 coin in honour of James Joyce is now sold out. The coin went on sale on 11 April 2013 and a total of 10,000 coins were minted.

We would like to express our thanks to customers for their unprecedented interest in the coin.

Blade · 12-04-2013 4:50pm

Cavehill Red wrote: »

There was no 2 hour queue at any point

Guy's bull$hitting on Adverts so, no surprise there.

Cavehill Red · 12-04-2013 4:58pm

Unless someone chose to wait a couple of hours for the office to open this morning, there was nobody queuing for two hours. It might have hit a half hour towards the end today, I dunno. I was 15 minutes and my kid 20 waiting.
Already attracting a 14 euro premium nonetheless. Like others I expect that to go higher quickly, and then settle back. The Collins coin is widely available for around the 85 euro mark these days and has been for some months. This has been more popular again with arguably even wider global appeal, so I wouldn't be surprised to see it do well.

DMcL1971 · 13-04-2013 6:43pm

The two Joyce coins that were for sale on adverts both sold for their asking price of €100 and I suspect they could have gone higher if the asking price was higher.

Cavehill Red · 13-04-2013 6:58pm

I may have to rethink my plan to give a couple away as gifts in that case! Ah, it might shoot up in the immediate term but I expect it will then come back to settle at a price point.

Backfire · 13-04-2013 7:51pm

Cavehill Red wrote: »

I may have to rethink my plan to give a couple away as gifts in that case! Ah, it might shoot up in the immediate term but I expect it will then come back to settle at a price point.

Yes i expect the same, around €80 - €90 price.
I am watching ones on ebay being sold by a german seller, curious on what they will go. But expect the high prices to be temporary.

Cavehill Red · 13-04-2013 8:19pm

Backfire wrote: »

Yes i expect the same, around €80 - €90 price.
I am watching ones on ebay being sold by a german seller, curious on what they will go. But expect the high prices to be temporary.

The chap who runs the coin market in Dublin's George's St is asking over 100 for the Collins coin, though it is available widely for about 85 online.
I'd expect ultimately the Joyce coin to settle in a similar range in time. Of course, that doesn't mean that some people won't get carried away and spend more than that in the short term.

corkcoins · 14-04-2013 8:21am

those on adverts are at 120€ now while some are going on ebay ranging from 50€. wonder if the hype has died out.

Shelmalier · 14-04-2013 2:50pm

I'm not looking to sell mine but notwithstanding that there are 10000 of them it will always be regarded as the coin with the 'error' and for that reason will have an added interest and demand above and beyond a normal 10000 mintage or a coin without an error.

Cavehill Red · 14-04-2013 6:19pm

The global coverage the error received will give this coin a higher lasting profile than coins of similarly limited mintage. Joyce's global appeal likewise. At this point in time, given that they were still on sale the previous working day, it's obviously impossible to state definitively that 'they are being hyped' or that 'the hype is over'. I've already stated I expect them to end up attaining prices in the region that the Collins coin does, but my guess is no better than anyone else's. It'll be clearer in a month or two I expect.

notuslimited · 14-04-2013 8:30pm

Hi Everyone. What's a Collins Double set selling for now?

Backfire · 14-04-2013 8:33pm

notuslimited wrote: »

Hi Everyone. What's a Collins Double set selling for now?

Around €250 to €300 mark i think...?

signostic · 14-04-2013 9:25pm

notuslimited wrote: »

Hi Everyone. What's a Collins Double set selling for now?

I was quoted 290 from a dealer a few days ago,

notuslimited · 14-04-2013 11:35pm

Thanks Backfire...where's the best place to sell these. I have 2 double sets?

hexosan · 15-04-2013 12:02am

notuslimited wrote: »

Thanks Backfire...where's the best place to sell these. I have 2 double sets?

Adverts or ebay is always a good start.

hexosan · 15-04-2013 9:00am

Any chance anyone knows the name of the English dealer opposite the An Post stand at the April Fair. He had a large selection of Gold coins.

GCU Flexible Demeanour · 19-04-2013 2:00pm

corkcoins wrote: »

those on adverts are at 120€ now while some are going on ebay ranging from 50€. wonder if the hype has died out.

The eBay prices are still strong. About nine coins up there, attracting bids with prices looking like they'll be in the range of €130 to €150.

http://www.ebay.ie/sch/i.html?_from=R40&_sacat=0&_nkw=james%20joyce%20silver&_sop=1

Like folk say, no way of telling the long-term value.

MasterSun · 22-04-2013 8:11pm

James Joyce coins for sale on Ebay at a healthy profit
http://www.irishtimes.com/news/consumer/james-joyce-coins-for-sale-on-ebay-at-a-healthy-profit-1.1367772

Backfire · 24-04-2013 12:56am

Well i got my joyce coin in the post yesterday, cert number 06512

I do predict demand for the JFK double set and a very limited mintage.

hexosan · 24-04-2013 2:07pm

Can anyone confirm if the Dublin coin fair issued an unc & proof souviner set in 2007. And if so did they do this for any other of the proof set years like 2006, 2009 & 2012

hexosan · 24-04-2013 2:49pm

That was some fast typing. Very helpful list. Thanks

Blade · 24-04-2013 4:17pm

hexosan wrote: »

Can anyone confirm if the Dublin coin fair issued an unc & proof souviner set in 2007. And if so did they do this for any other of the proof set years like 2006, 2009 & 2012

They had a load of proof coins in capsules left over from the 2007 sets with no boxes so they did a run of 2,500 (I think) coin fair only proof sets in envelopes for 25 Euro.

signostic · 26-04-2013 10:07am

MasterSun wrote: »

James Joyce coins for sale on Ebay at a healthy profit
http://www.irishtimes.com/news/consumer/james-joyce-coins-for-sale-on-ebay-at-a-healthy-profit-1.1367772

It looks as if prices are beginning to fall back, latest I seen on Ebay was 117€, so its looks like the early days of hysteria are fading when I seen pieces were fetching over 200€. I also notice that the buyers paying big bucks are in the main, buyers with little feedback, perhaps buyers who want to hoard for a few months in the hope of making a quick profit.

keaysj · 27-04-2013 8:39pm

Hi All,
Have the values of Irish coins (collectables) been affected by the recession? If so, can you give any examples?
Thanks,
John.

Cavehill Red · 28-04-2013 3:52am

signostic wrote: »

It looks as if prices are beginning to fall back, latest I seen on Ebay was 117€, so its looks like the early days of hysteria are fading when I seen pieces were fetching over 200€. I also notice that the buyers paying big bucks are in the main, buyers with little feedback, perhaps buyers who want to hoard for a few months in the hope of making a quick profit.

It'll be a few months before the price settles down finally, I expect. When some of them start making their way into the hands of European and British coin dealers, you'll begin to get a sense of the longer term value. I now think they'll settle higher than the Collins coin, which is found widely for c. 85 euro. Possibly around the 110-130 range.

keaysj · 28-04-2013 11:05am

Is the fact that the Joyce coin has an 'error' in it going to influence the price? The error was known before release, so I'm not sure if it is an error in the strictest sense...

On a other note, I am new to this game. Are there places in London ( where I live) that I can go to to buy coins? Has anyone recommendations?

I would like if someone could give an opinion on the impact of the Irish recession (or recession in general) in Irish coin values over the past 6-7 years.

MasterSun · 29-04-2013 8:44pm

DMcL1971 wrote: »

If anyone spots any errors or knows of any additions, give me a shout and I will update the table.

I believe there are at least 3 types of official Irish 2002 euro coin set.

Type A - part of a 12 country box set
Packed by the Staatliche Muzen

Type B - in CBI folder

Type C - Royal Dutch Mint

signostic · 30-04-2013 10:05am

keaysj wrote: »

Is the fact that the Joyce coin has an 'error' in it going to influence the price? The error was known before release, so I'm not sure if it is an error in the strictest sense...

On a other note, I am new to this game. Are there places in London ( where I live) that I can go to to buy coins? Has anyone recommendations?

I would like if someone could give an opinion on the impact of the Irish recession (or recession in general) in Irish coin values over the past 6-7 years.

If the coin had been withdrawn with a small number already sold, then of course the ones that "escaped" would be worth an enormous amount but all were released and there is 10,000 of them out there, nevertheless it was going to be popular coin anyway.
As regards coin prices, as in all things here at the moment I`m sure coin sales have also felt the cold winds of recession but quality and rarity would I believe hold values quite well.

As for London, cannot really help you but if you can pick up a copy of the magazine Coin News it has lots of info and ads on dealers in the UK.

Pablo Sanchez · 30-04-2013 5:36pm

I must say im delighted with the James Joyce coin, its a beautiful design, it almost makes the Michael Collins coin look crude by comparison!

I hope its not a silly question, but are the silver coins solid silver all the way through?

DMcL1971 · 30-04-2013 7:58pm

Pablo Sanchez wrote: »

I must say im delighted with the James Joyce coin, its a beautiful design, it almost makes the Michael Collins coin look crude by comparison!

I hope its not a silly question, but are the silver coins solid silver all the way through?

The Irish collector coins are made of Sterling Silver. Sterling Silver is an alloy of 92.5% Silver and 7.5% Copper. The reason for this is that 100% Silver is very soft and can get damaged very easily, also it tarnishes rapidly. So by adding some Copper it significantly increases the chances the coin will have a long shiny life.

Most of the Silver Irish collector coins weigh 28.28g which means they actually contain 26.16g of Silver or 0.85TOz.

DMcL1971 · 30-04-2013 8:04pm

MasterSun and anyone else,

Does anyone have any information on the 2002 set you have shown above as Type A?
I have seen this set a couple of times but I didn't count it as official as I thought it was released by a German company wheras, I have only been counting sets that were released by the Central Bank. However the set you have shown does have a Central Bank logo on it, so perhaps it is official. I have certainly seen many different unofficial ones. So if anyone knows anything more about this Type A set I would be interested to hear.

Blade · 30-04-2013 8:28pm

If that's from a 12 country box set released for the German market then there's probably other box sets for other countries which may also carry the official Irish CB logo. I have seen similar ones from Spain but didn't take notice of logos.

MasterSun · 30-04-2013 10:36pm

Staatliche Muzen not only packed type A set, it also packed the 2002 €1 Coin Set.

Quote from the CBI website on the €1 Coin Set

€1 Coin Set
To meet the demand from collectors the Central Bank of Ireland, along with the other European Central Banks, produced a “€1 Coin Set”. This set comprises one of each of the €1 coin for each of the original twelve countries.

Given the type A set and the 1 euro set were packed around the same time and by the same company, it is extremely likely that the type A set was produced for the same purpose as the 2002 1 euro set, hence the 12 country box set.

Cavehill Red · 01-05-2013 1:35am

Pablo Sanchez wrote: »

I must say im delighted with the James Joyce coin, its a beautiful design, it almost makes the Michael Collins coin look crude by comparison!

I hope its not a silly question, but are the silver coins solid silver all the way through?

Not 'solid' silver in the sense of pure silver, but 'sterling' silver, ie 92.5% silver. You can get pure silver coins, to the purity of 99.99%, from places like the Royal Canadian Mint, as well as from private mints, but such coins tend to come encased in plastic capsules to avoid oxidisation, tarnishing and damage. In other words, they can't be handled if you wish to preserve their value.

hexosan · 08-05-2013 1:18am

Any chance one of the Mods could move the tables supplied by DMcL1971 to the beginning of the thread. Would be helpful for anyone looking for them.

hexosan · 08-05-2013 1:50am

On another note does anyone know the approx price of the Croatian version of the 2007 Ivan Mèstrovic double coin set. This set was in a different colour box to the Irish version.

Blade · 08-05-2013 2:03pm

hexosan wrote: »

Any chance one of the Mods could move the tables supplied by DMcL1971 to the beginning of the thread. Would be helpful for anyone looking for them.

Right, I've merged DMcL's 3 tables to the first post. Hope I didn't make a mess of anything, if anything needs to be changed let me know!

Blade · 08-05-2013 2:04pm

hexosan wrote: »

On another note does anyone know the approx price of the Croatian version of the 2007 Ivan Mèstrovic double coin set. This set was in a different colour box to the Irish version.

The same as the Irish one, 200 to 250.

scoooby · 08-05-2013 5:20pm

Hi All,

I was too late to get to the Central Bank to buy the Joyce coin. I bought 3 of the Monastic Art coins previously, having failed to buy a Celtic Cross one which sold out. The Monastic Art ones are still on sale, I think. Talk about backing the wrong horse!

Anyway, I'm just wondering if there's any point in ordering coins by phone from the Central Bank. When there were queues round the block for the Joyce coins, were any phone orders accepted? In other words, do I need to join the queue when the next coin is issued, or are the queues simply for those who can't wait for the postman!

BTW, The mail advertisement for the Joyce coin arrived through my door only the day (or perhaps two days) before they went on sale. I didn't look at the date as previously the coin ads have arrived weeks before the sale date and so I was caught out this time. It's a pity the Central Bank doesn't give advance warning on its website of new coin issues (or does it?)

Blade · 08-05-2013 5:37pm

scoooby wrote: »

BTW, The mail advertisement for the Joyce coin arrived through my door only the day (or perhaps two days) before they went on sale.

If you had rung immediately when you got the mail order form, you would have secured a few coins by post. Once you phone them early there's no advantage to queuing up at the CB except to save some money on the postage.

scoooby · 09-05-2013 6:25pm

Thanks for the reply.

Just one other question. I saw coin auctions mentioned somewhere on this thread. Are there particular ones I should look out for with regard to Irish coins? I have no experience at all with auctions or coin fairs for that matter but I'm eager to learn!

Blade · 09-05-2013 6:50pm

scoooby wrote: »

I saw coin auctions mentioned somewhere on this thread. Are there particular ones I should look out for with regard to Irish coins?

You could contact www.hermanwilkinson.ie and ask them to put you on their mailing list for their coin auctions.

scoooby · 09-05-2013 7:35pm

Thanks once again:)

Shelmalier · 27-05-2013 3:19pm

Can I anyone tell me if it's OK to take a CB commemorative coin out of its capsule just to hold it and feel it for real even once. I'm not talking about doing it regularly but only once or maximum twice in say a year. Can they be handled with a glove or polished with a soft cloth or best not to take it out ever? Are the capsules airtight? Any advice would be appreciated. Thanks

DMcL1971 · 27-05-2013 3:46pm

You will get varying opinions on this. Ideally they should never be removed from their capsules. The surface of the coins are so perfect when they are packaged, that any kind of handling can leave a mark. The oils on your skin, no matter how clean you think your hands are, will leave a mark, which then over time can become more noticable. Polishing even with a soft cloth can damage the coin surface. It is best just never to touch them. There are plenty of buyers who would not dream of buying a coin that had ever been out of its original capsule. On the other hand, in many countries collectors do not bother keeping the box and certificate and would immediately transfer the coin from its original capsule into whatever type of system they use for storing and presenting their collection.

The capsules themselves are not completely airtight but they do offer a lot of protection from outside air and moisture. Silver coins will tarnish with prolonged exposure to the air but will tarnish much more slowly when kept in a capsule. Gold coins don't really tarnish as they are chemically non-reactive. If a coin has been previously handled or has become tarnished it is possible to clean it with special cleaning solutions for gold and silver but an experienced collector will be able to spot this.

In short, I would advise you to never take the coin out of its capsule, if you can't resist the temptation, then at least use a glove. Never touch it with your bare hands.

Shelmalier · 27-05-2013 10:25pm

Thanks DMcL1971,

I can appreciate the reasoning for all of this but it does seem a shame that you should never hold something which was originally designed to be held and touched; which in some ways is the essence of a coin.

hexosan · 27-05-2013 11:11pm

Shelmalier wrote: »

Thanks DMcL1971,

I can appreciate the reasoning for all of this but it does seem a shame that you should never hold something which was originally designed to be held and touched; which in some ways is the essence of a coin.

One could also argue that these collector coins are in fact designed not to be handled.

Blade · 28-05-2013 12:42am

Shelmalier wrote: »

but it does seem a shame that you should never hold something which was originally designed to be held and touched; which in some ways is the essence of a coin.

If you want to reduce the value of a silver proof coin down to scrap silver, by all means have a good feel, otherwise don't touch it and certainly do not put a cloth anywhere near it. If you so much as touch it with a cotton bud you'll leave hundreds of hairline scratches which are visible to the naked eye. No collector in their right mind would buy a proof coin that's been handled like that. As a matter of fact the coin can no longer be described or graded as 'Proof', it will then become an 'Impaired Proof'.

Same goes for uncirculated coins, if there's so much as a fingerprint on one, it's no longer uncirculated. Collector coins are not designed to be held and touched, I really don't understand this urge you have to maul them!

Irish Euro Gold and Silver Commemorative coins

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