Silverman2U

On 02/03/2024 at 10:36, BackyardBullion said:

This screenshot is taken from a Instagram video the royal mint published about the making of some George Michael coins.

Can you spot the giant frosting break on his forehead and to my eyes the background of the coin is a little hazy.

How can they not even get a promo video right?

 

Wow! 😮 In their own video too! Thats insulting. It’s like the  emperor’s new cloths. It’s treating everyone like muppets. 😤 

On 15/02/2024 at 12:51, cjbcomm said:

Some of their "collections" are outrageously priced. 

The silver set mentioned above is an ideal example along with the 3 coin gold set they marketed today. This had the 2 OZ GE coin along with 2 sovereigns (1821 and 1820) for a total price of £19,500.

This values the 2 sovereigns at £14k when you take off the price of the 2 Oz. You'd struggle to value the sovs at £4k based on recent auction prices. Massive premium with a tag line of "Only 15 sets available". You could build this set for half the price without a fancy RM wooden box.

Their pricing for modern coins is transparent enough. Buyer needs to decide if they think it is value or not but the historic sets are basically a rip off when you look at the intrinsic value of the coins in the sets.

Sure it would be possible to go through any of their recent offerings and find this with pretty much all of them.

No doubt there are many unsuspecting buyers with these collections that are now worth significantly less than the purchase price.

RM themselves often call their clients with reduced price offers for these sets which are still OTT.

 

 

Yes. Agree with these comments. Definitely cut back as finding is mainly taking a hit of purchase from RM. 99% drop in value, watches by contrast… you know the ones to buy that go up, or at least hold value. You don’t know this with RM coins and it’s almost more a “pump and dump” market on proofs. Bullion is the only decent asset, a little milt we are not worried as the value is in the metal. This is NOT the case with the proof. 1/2 of all proofs I have ever received from RM are returned due to quality issues most of the time. 

Just now, BriEarl said:

there in decent bullion condition but I’ve not been through all 25 with a magnifying glass but I’m happy with them as a bullion stacker mate 

Fair point. Silver is silver.  

Milky? Looks it from that pic. 

1 minute ago, Silverman2U said:

Fab. Great deal!  Missed it! 😕 … ah! 

Put the reminder in the week before… doh! 😩 

Fab. Great deal!  Missed it! 😕 … ah! 

Just now, Silverman2U said:

😜

Even better marketing. Create the hype, pull the plug, the leads continue to flow. Fair play to them, they got me attention… the magpie that I am  

1 minute ago, Spark268 said:

well now they have closed the deal but have an email signup page for those who may be interested. I guess now they can get leads without giving anything way!

😜 

322 of the finest British 🇬🇧 fiat pounds sir! 😘 

6 minutes ago, ccfcpaul said:

sorry about the delayed reply, I will dm you

haha nice. yeah kinda wish i didnt set it for 7 days lol. waste of time lol

Agree. Happy to buy it at the current bid  

On 26/02/2024 at 14:57, ccfcpaul said:

Decided to list one as an auction on the bay starting at 1 quid, try and figure out a price on there!

https://www.ebay.co.uk/itm/126349869184

I might aswell leave the offer up on here anyway

I ramped it to £12 for fun but suspect will go a lot higher.

That’s a deal for raw silver coins

I am starting to wonder how this one is now. Especially in the year of the dragon 🤔 

2 minutes ago, Bars said:

Its clean - was fluff 

I did say

Apologises.   … I’d suggested editing post without the fluff on pictures you’ll get more interest. 

On 04/02/2024 at 15:47, Chrisplym said:

In my opinion this is a fantastic price for this coin 👍

Will be with a chunk taken out of the face of it . 

52 minutes ago, timsk said:

I can't work it out either! Obviously, it's great for turnover - they'll get £1,000s through their books - but it's tough to see how they'll make anything out of it. Perhaps they're hoping that it'll direct lots of traffic to their site - which I'm sure it will - and punters will pick up something else while they're there that they wouldn't otherwise have bought? Just speculating - it's a head-scratcher. Be that as it may - thank you Atkinsons! 👍

This is exactly what it will do. Smart move!! 
I pay over £70 a lead in our business and get loads of time wasters. Though are limiting it to 10 coins, so limiting their expenses and potential even paying out of their own pocket. But yet even if they loose £20-30 from each deal they only need to get a few good people from like minded people that invest and they will make that all back and plus some!  … love it! 😻 

7 minutes ago, Silverman2U said:

Check out @BackyardBullion video released just hours about on the cracking deal from Atkinson £21.75 an Oz on a new 2024 Silver Britannia’s (limited to 10) ! Post included!!

CRAZY 🤪… 

 

Cracking video mate!  

Check out @BackyardBullion video released just hours about on the cracking deal from Atkinson £21.75 an Oz on a new 2024 Silver Britannia’s (limited to 10) ! Post included!!

CRAZY 🤪… 

2 hours ago, Smiler999 said:

5 ½sovs courtesy of BBP offer 😃

What’s was the BBP offer? £? 

6 hours ago, modofantasma said:

First one of these on here? 

Bulmint 10th Oz Phoenix 

🤩 😍 

2 hours ago, paulmerton said:

Another little Denarius. Very grateful if anyone can tell me exactly what this one is!

Try a google image search

8 hours ago, Fenlander1 said:

It's a shame it has to go back for qc issues. My thoughts on the design are it's a bit to angular for my taste

My thoughts too. 

6 minutes ago, Silverlocks said:

I think really small gold that size is more of a novelty.  It's fine for little gifts, but you wouldn't want to go stacking it at anywhere near its retail price.

Rather give 4 x 100 year only silver vic crowns  … more classy.  

Also got this… back to the mint it goes due to scuff in frosting, but what is peoples thoughts on it as a collectable. 🤨… not sold on the design, think may just let RM keep it. 😕 … think I like the colour combination on the exterior box more!! They could have made a cool 😎 looking box to hold coin… with the felt feel like the USA proof eagles. 🦅