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Paul
Reputation Activity
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Paul reacted to Taikonaut in Investigation into Historic Coin Pricing by The Royal Mint
Is that AI statement using ChatGPT?
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Paul got a reaction from 9x883 in Gold Monitoring Thread £ GBP only
Moooooooooooooooooo................... N ?
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Paul got a reaction from James32 in Gold Monitoring Thread £ GBP only
Moooooooooooooooooo................... N ?
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Paul reacted to AndrewSL76 in Investigation into Historic Coin Pricing by The Royal Mint
Translation:
FORMAL STATEMENT BY THE ROYAL MINT
STARTS
Firstly, we would like to thank you for forcing these issues to our unwanted attention. We understand you have concerns and we welcome the opportunity to ignore them. The Royal Mint strives to provide customers with low premium products at high premium prices, and we would like to reiterate that we take all customer feedback seriously. (NB until you buy something you are NOT a customer, so please feel free to spend spend spend).
We have a responsibility to ensure that we provide our customers with quality, authentic boxes from reputable dealers. These are not cheap. As such, our pricing reflects a variety of factors, not limited to but including, rarity of the wood, condition, their historical significance, demand, as well as the very expensive cardboard packaging. Before establishing a retail price, The Royal Mint carefully ignores price guides and market trends.
As we source our historic boxes from high end carpenters to ensure we can make enough money for the terrible condition coins, our pricing model is obviously quite different to dealers selling great coins in flips. 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, torn it up, and are working to ensure that we never have to read it again. We always want our customers to make informed decisions before purchasing, but on this occasion it is not helpful so we won't.
We are always working to review and enhance the pricing of our historic coin offering and so we are not taking your feedback on board. As a trusted brand, we acknowledge that there may have been instances where we have not charged enough for the tat we offer. However, we would like to reassure you that we are committed to improving the bank balance by offering more for more.
ENDS
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Paul reacted to HerefordBullyun in Gold Monitoring Thread £ GBP only
I see the euphoria has died down now.
No doubt the sales page is flooded lots of sales. Not that I've bothered looking but if any one has any brits for sale at 1500 an oz DM me.
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Paul got a reaction from SidS in Gold Monitoring Thread £ GBP only
Gold needs some Viagra today, not hedging
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Paul got a reaction from ZigZag in Gold Monitoring Thread £ GBP only
So great, this thread is so grown up and mature, in it's advanced discussion and experience.
collectively as a community we certainly give kitco and Michelle Makori a run for its money in our predications and market analysis
🏅
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Paul got a reaction from jultorsk in Gold Monitoring Thread £ GBP only
So great, this thread is so grown up and mature, in it's advanced discussion and experience.
collectively as a community we certainly give kitco and Michelle Makori a run for its money in our predications and market analysis
🏅
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Paul reacted to Coverte in Gold Monitoring Thread £ GBP only
We're up over 5% in a month;
so blips like this should be expected and I suspect won't overly detract from an upward direction of travel either in the year or medium term.
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Paul got a reaction from Dom in Gold Monitoring Thread £ GBP only
Oooohhhh sorry I thought you were someone else. I better stop drinking in a school night sorry
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