Theodoros

75.5

7 minutes ago, Paul said:

Someone is bound to ask, what do LEP and MCM stand for ?

I realise it is to do with mintage 

I assume they stand for Limited Edition Presentation and Maximum Coin Mintage

2 minutes ago, paulmerton said:

Did anyone else see the privy mark and wonder what the significance of 26 divided by 22 was?

STRUCK WITH A SPECIAL PRIVY MARK

The definitive coins each bear a special privy mark on their obverse, which displays Queen Elizabeth II’s birth year alongside the year Her Majesty passed away.

Very happy! Thank you silver forum! 😊

2 hours ago, paulmerton said:

Did anyone successfully order more than one in the end? Wondering if cancellations could explain why they randomly keep going back into stock every now and then.

Yes, I received today 2x2oz silver.

4 minutes ago, AndrewSL76 said:

Ooh, Sov Rareties are offering the silver 2oz for £700.00. That has to be the best secondary market price I have seen so far!

This price is without the VAT.

Sovereign Rarities price for 2oz gold:

£10900 on Monday night

£11500 yesterday

£13500 now

Britannia Coin Company had 2 available yesterday and it is out of stock today.

It looks like there’s strong demand for them on the secondary market. 

2 hours ago, sovereignsteve said:

I have found it variable, almost random.

At times when I have been logged on well before 9am, I have had a very low queue number but sometimes a high one. People have posted here that they logged on around 9am and been given a queue number well before me!

I think it is random on purpose. 

There are two main ways to manage an online queue. The First Come First Served and the Service In Random Order. My understanding, from my experience and experiences of other forum members, is that the Royal Mint is using the second one. So it doesn’t matter what time you have joined the queue between the time the queue system is in place (usually 8:30 or 8:45) and before 9:00 (for a 9:00 am sale). At 9:00 anyone in the queue will get a random place. If you refresh the page after that you will loose your place in the queue.

 Also I have the impression that after the problems with the Three Graces release, where many orders were cancelled, the Royal Mint has slowed down the process. It allows less customers placing orders at the same time so in average it takes more time waiting in the queue after 9:00 for the same number of customers to enter the website.

@SovCollectorand @GoldenGriffin thank you for your advice. I will have another look tonight and I will decide if sending back or not. I am really happy being part of this amazing community. 

@SovCollector, @sovtsf, and @Frenchie thank you for your replies. The mark in the red circle is definitely on the coin and looks like a scratch when I look at it with a loop but I'm not 100% sure. All others must be dust. I was thinking to send it back for a replacement. They told me that they will check it and if they agree that there is damage on the coin it will be replaced with a new struck coin. There is a risk as I cannot insure the coin for the value it has and I can't be sure that I will not just get someone else's return...     

This is my first post even though I have been following the silver forum daily for some months now. It is full of knowledge and useful information for someone new in the precious metals world like me.

I was lucky enough to buy a gold three graces coin but I am not sure about the condition and if I should return it to royal mint for an exchange. I have attached some photos and any advice would be much appreciated.

Thank you

Theodoros