Ted1945

On 21/03/2024 at 09:36, Smiler999 said:

Mad question but is anyone still buying Gold?

1725

Atkinsons 

2 hours ago, GoldDiggerDave said:

Release like this are a "necessary evil " and it's easy for advanced collectors to dump on them.  The industry needs cross genre products to drag fresh blood into the interest and get people into collecting and buying coins.   

I started collecting circulation commemorative 50p's and its  lead into opening so many different avenues for me  with this hobby/interest and now business.  

The biggest challenge the RM will have is pulling new people into the interest with a product aka coinage thats practically become obsolete for some generations already,  give it another 10 or so years and kids of that   generation will not even be handling coins they will never  have a coin in their pocket go to the shop to spend it and receive others coins back in change.   

As a child I felt rich with a newton £1 note in my pocket and I loved the massive 50p's  always thought the queen looked pretty (2nd portrait by Arnold Machin)   this is how I remember queen. Usually I'd be given a £1 note off the old man to walk to the shop and by a packet of fags for him I still remember 10 players No 6 were 76 & 1/2  pence a packet  and would get 10p for going, this was the time where  half pence sweets were a thing, the prise was the 3 pence sweets the white chocolate fish and chips for those who remember those.........There is so much nostalgia with handling currency  going forward I doubt there will be the same for those  tapping a card or phone for future generations.  

 

 

After buying the HP set for my children they have now developed an interest in coins and are tracking the gold price. 
 

Whilst we may find them tacky they are the gateway coins for the next generation of TSF members 

2 minutes ago, treetop1280 said:

I’m confused ( no surprise “ so gold has gone up say 15 % in the last 2 years ( ish maybe) but everything else has gone up more , cans of soup , cars , paint pencils, etc , isn’t it just price rises like everything else , surely the only half decent profit , or gains  to be made is if you bought say , 10 years ago , so is the idea of buying gold  is for many years down the line ????  I’m still struggling to work out  if you buy an ounce for x amount of pounds , then wait a year  you might only make £50 , feel free to educate me ??? Or give me a bollocking, ???? Kind regards Ashley 

Gold purchases can be for a number of reasons,  including and in no particular order , savings outside bank or other scrutiny and control, benefits arising from capital gains tax exemption and if bullion ease of liquidity, an interesting pastime where you can meet like minded individuals and in some instances take a major dislike too, the opportunity to lose money on RM proof issues that are becoming daily and general collecting amusement 

am sure more sensible reasons exist  but there’s a couple for you 

Just now, Smiler999 said:

Mad question but is anyone still buying Gold?

1725

Gordon Brown massive FOMO 

Looks like they came out today 

Had an unexpected present today 2oz Silver.  All lovely until I checked the lettering.   Should I keep or send back on hope of getting something better 

would be grateful for thoughts suggestions 

thanks 

Just now, Ted1945 said:

Had an unexpected present today 2oz Silver.  All lovely until I checked the lettering.   Should I keep or send back on hope of getting something better 

would be grateful for thoughts suggestions 

thanks 

 

Even just like to know wtf they’ve done 

On 13/03/2024 at 12:33, BackyardBullion said:

 

FORMAL STATEMENT BY THE ROYAL MINT

STARTS

Firstly, we would like to thank you for bringing these issues to our attention. We understand the concerns raised and welcome the opportunity to address them directly. The Royal Mint strives to provide customers with premium products and services, and we would like to reiterate that we take all customer feedback seriously.

We have a responsibility to ensure that we provide our customers with quality, authentic coins from reputable dealers. As such, our pricing reflects a variety of factors, not limited to but including, rarity, condition, their historical significance, demand, and grading, as well as packaging and presentation. Before establishing a retail price, The Royal Mint carefully reviews price guides and market trends.

As we source our historic coins in large volumes to ensure we can make enough available for customers on the website, our pricing model is quite different to dealers selling small volumes or one-off pieces. We are unable to compare or offer comment on valuations provided by external sources.

With regards to specific issues raised with products such as the Victoria Young Head Crown, we have taken this feedback and are working to ensure that our website imagery is a more accurate representation of products available. We always want our customers to make informed decisions before purchasing.

We are always working to review and enhance our historic coin offering and we are taking your feedback on board. As a trusted brand, we acknowledge that there may have been instances where we have fallen short of meeting our customers’ expectations. However, we would like to reassure you that we are committed to improving customers' experiences.

ENDS

Your thoughts on a postcard please....

Do see how much notice has been taken check out the Maunday sets on the RM website, makes the above sound like fiction 

4 hours ago, BackyardBullion said:

My thumbnail for today's video.

Publishing at 5pm

Not my full results, just feedback about the call. 

My full video including responses from The Royal Mint will come out in due course, I am expecting some publishable statements from the royal mint next week to include as responses to our observations.

 

Disappointed for you 

guess they can’t openly admit so early on to being less than respectful 

however the issue has been raised and thus recourse for later when they issue the next batch of overpriced coins in a tidy box  

2 hours ago, BackyardBullion said:

Well, I now have a time and date for a zoom call. Next week.

I'm expecting to be told I am wrong and that there are no problems.

Will be interesting 

 

Good luck this is noble work 

5 hours ago, Simmoleon said:

I mean, this one looks a bit more like a My Little Pony than a unicorn so I assumed somebody had hurt the original unicorn that appeared on all the shields 

 

With poor eyesight that looks like a forearm producing from the rear to hold the snake out of the jungle book or perhaps I double dosed my meds? 

32 minutes ago, SovereignBull said:

Even the horse on the left looks shocked!

Is that Daniella westbrook’s nose making a sneaky appearance 

2 hours ago, GoldDiggerDave said:

Received this error strike 1oz Gold Britannia from @ilovesilverireallydo   Its a beauty.  This has got to be the only hobby in the world where we are happy to get a mangled product and be happy about it!     It's clearly not been flush within the collar out by 3-4 mm easy.    Really don't know how this got out of the factory like this. 

 

 

Maybe a strike your own done with a club hammer ?  

When I first started collecting I fell foul of the RM, canny salesperson quickly spotted I was a newbie. Subsequently I have some nice old coins in tidy packaging with an SOA and warnings never to open lest the sophisticated grading EF is contaminated.

The premium to comparative coins I’ve seen on TSF hurts like hell.

Caveat Emptor foff they are exploiting trust and debasing the institution.

Fortunately having laughed at subsequent attempts to fleece me with what’s best described as s*** they leave me alone.

I wish you all the best in your endeavours. I hope the recipient of your complaint can read.

Delivery and QC issues will keep this alive too

I managed to get 10gs on the interest free credit facility which probably means I’ll be back later 

Thanks for this I got my children the gold 1/4 oz’s low ish mintage and still available at the mint, the original release date if I recall was when QE2 passed away.

Looking at the RM web sites Christmas stuff

it is amazing to see what hasn’t shifted going back a couple of years 

Just checked all still available at the RM 

3 minutes ago, Chrisplym said:

I am in at that price if anyone wants to sell! 😉

On 25/10/2023 at 12:02, Theodoros said:

According to a dealer the 2024 Proof Sovereign will be available on 02/11/2023 and the King's birthday Celebration Sovereign will be available on 06/11/2023 with the following limited editions:

 

5 Coin Sovereign Set: 450

3 Coin Sovereign Set: 650 

Sovereign: 7500

Half Sovereign: 1250

75th Birthday Celebration Sovereign: 750

Are the birthdays desirable? 
Still new to this really and having ridden the rollercoaster of recent releases am a bit unsure  as in anyone bothered by his 75th or is it just desirable due to the low mintage ? 

Finally got my set today 

lovely box and layers of packaging 

it was a good feeling knowing they were going to be top pop no pre opening QC anxiety 

Getting sucked into bidding fever whilst supposedly only viewing online auctions whoops hey ho