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Posts posted by Agaupl
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20 minutes ago, Zhorro said:
St George looks to be carrying a baseball bat!
Hes just happy to be there 🤣
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6 hours ago, Bratnia said:
The Royal Mint's remit is to ... mint. It promotes dealership competition rather than enforcing a monopoly by setting its spreads to be relatively wide. Flipped the other way would you rather no other dealership being able to compete because RM's spreads were the tightest/smallest/best! It's spreads are in effect a maximum cap that other dealerships wont be inclined to extend beyond. Competition is good, as is having maximum caps on spreads.
It's teams are focused upon distribution of its minted products around the world and has many partnerships for that purpose, such as a partnership with Chards - who then retail to the general public - and where obviously in being able to sell at smaller/tighter spread are supplied by the RM at a lower spread than what the RM opts to directly retail the same product for to the general public.
Royal mint’s remit is to make money. I think everyone wants them to be successful it’s just the trading on the history, image and name of the Royal mint to sell substandard or over priced c**p that is grating. I don’t buy the ‘promoting competition’ line. They simply overcharge to people that don’t know better.
Juxtapose The Perth mint .. historic in its own sense, a huge government owned institution (granted not a circulating currency maker), lbma registered , and I think quite a-bit larger than RM on the bullion side (although I might be wrong).
It also sells retail, doesn’t price gouge on current releases (although their limited historic sets are equally inflated tbh), has plenty of domestic completion and importantly doesn’t have the QA problems like Royal mint esp on proofs.
Personally I prefer royal mint releases and designs though, which makes it even more infuriating they do so poorly for their customer who they ‘listen closely too’. Esp in the QA area.
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It’s a very interesting story for sure and one for the collection … but they aren’t exactly rare and £625 extracts the urine a bit too much
- Petra and westminstrel
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28 minutes ago, paulmerton said:
If the City Views series has just resumed after a pause of 1.5 years, I'd be surprised if this one stops for good.
I thought the same. Only thing that made me think twice was the possibility of cashing in on the Olympics to shift a Paris coin.
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- motorbikez, Booky586, Silverlocks and 21 others
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Australian dealer has the 1/500 Germania mint Berlin money fair Bear bar up for charity auction…. Current price for 2ozt silver?
£1200!!! And there’s three days left on the auction. All proceeds to children’s hospital Melbourne.
ps I’m not affiliated and it’s a not for profit auction!
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23 hours ago, paulmerton said:
Better than the coins imho
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A really special TDIR post today. @Upsidedown very generously donated a @BackyardBullion star to a raffle on the NBS. Very happy to have won the 1/1 NBS embossed piece. Thanks again to Upsidedown for a great prize.
cheers mate.
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If you are under 50 and can’t do that it’s time to call it a day 🤣
- AndrewSL76, NextDayBullion, Skyfiller and 1 other
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I like them. But I don’t expect them to make a profit. Also never buy full price.
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Nothing confirmed. But doesnt look good
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3 hours ago, Chronos said:
If this is correct, we just by chance dodged the WWIII (I hope it is not):
If you think this is real then I have a bridge to sell you
- Shuaib121 and treetop1280
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36 minutes ago, paulmerton said:
I believe so, but the second coin won't be until next year.
Love it. But a medal becoming a coin, in two releases is just hard to swallow given the current royal mint customer care. Also given the spot rise expect a mind blowing price increase.
The RAM recently had to withdraw coins from sale as the proofs were selling for less than spot 🤣
4 hours ago, Jeffers46 said:Any ideas on release date for this? What an incredible coin. I hope its not due for a while, will need to save a bit for this.
Inverse looks much better realised than the reverse. But could just be picture resolution
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Is it definitely a two coin release?
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39 minutes ago, Gruff said:
They've realised that there is a large arbitrage to the LBMA and TAS off the Comex. Hoovering it up on the cheap to make decent profits selling into Asia.
I feel sorry for the Japanese. Currency going to sh!t.. property stagnant for 20 years , stocks basically the same, you try run to gold… 10% tax 😥
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in UK (Ungraded)
Posted
Nugget as described is a very nice piece indeed.