Royal Mint - Great Engravers 2021 - Gothic Crown information

[NewCoins]

1 minute ago, JeffM said:

I'm still waiting on my 1 oz. King Henry VII.  And yet, they keep issuing new coin after new coin.  They will soon be backed up for over 6 months.  Then they rush to produce and dispatch them, and the quality control goes out the window.

They are in a bad postion, which I worry they won't get out of.

They are clearly minting a percentage of the new releases, for example they had some of the FA Cup this morning. I think most have now gone to awaiting stock.

They will do the same for the next new release, instead of finishing the backlog for the FA Cup.

They seem destined to have a backlog, and will continue to do so whilst they continue with as many new releases.

Perhaps that's a sign they are doing well in some respects. Maybe they will be patting themselves on the back.

Maybe there is an element of making things that are sold making sense from a business perspective, rather then spending time money on coins that won't sell for a long time potentially.

But  clearly the downsides for the consumer is waiting and poor QC if they are constantly up against it.

[FlorinCollector]

Yeh I think we could all agree it would be worth the wait if we new we wouldnt have to send half the coins back 😕 

[apachebleu]

1 hour ago, NewCoins said:

They are in a bad postion, which I worry they won't get out of.

They are clearly minting a percentage of the new releases, for example they had some of the FA Cup this morning. I think most have now gone to awaiting stock.

They will do the same for the next new release, instead of finishing the backlog for the FA Cup.

They seem destined to have a backlog, and will continue to do so whilst they continue with as many new releases.

Perhaps that's a sign they are doing well in some respects. Maybe they will be patting themselves on the back.

Maybe there is an element of making things that are sold making sense from a business perspective, rather then spending time money on coins that won't sell for a long time potentially.

But  clearly the downsides for the consumer is waiting and poor QC if they are constantly up against it.

 Maybe, the sad part is I fear no matter how much they anger us they are still the only game in town and the brand carries so much cache with collectors.

[Simmoleon]

Just a further update to this coin, it was received a couple of days after release and sent for conservation and received a PF69 but on the NGC invoice it was declined for conservation and it was confirmed that NCS considered it milk spots. 

[SilverDrum]

Surely with the headache's from the website, queue, having busy phone lines for both dis-organised sales and all the issue's, costs of returns, re-strike's, destruction of old coins, compensating for problems, and all the stuff i'm sure everyone could add to this list. It would just save them a lot of time and money to just pause production, sort out the QC department with some actual competence. Then send out some properly presented, timely delivered, QC'd proof coins!

I've been very hesitant and selective with what i have attempted to buy from the RM, and it's not been a smooth experience for the most part. I will say that the customer service for the RM are some of the most lovely people I've spoke to. They are just stuck between a rock and a hard place...well Management and the QC department! 

On a happy note my Gothic portrait looks a beaut 😍

[NewCoins]

One to watch @BarryWoods

https://www.ebay.co.uk/itm/Gothic-Crown-Quartered-Arms-2021-UK-2oz-Gold-Proof-Coin-Plain-Edge-COA-8-/334328502800?mkcid=16&mkevt=1&_trksid=p2349624.m46890.l49286&mkrid=710-127635-2958-0

[NewCoins]

One, not to watch...

https://www.ebay.co.uk/itm/GREAT-BRITAIN-GOTHIC-CROWN-1847-ENAMELED-BOTH-SIDES-VERY-PRETTY-/384710842366?mkcid=16&mkevt=1&_trksid=p2349624.m46890.l49286&mkrid=711-127632-2357-0

[Ashes]

4 minutes ago, NewCoins said:

One, not to watch...

https://www.ebay.co.uk/itm/GREAT-BRITAIN-GOTHIC-CROWN-1847-ENAMELED-BOTH-SIDES-VERY-PRETTY-/384710842366?mkcid=16&mkevt=1&_trksid=p2349624.m46890.l49286&mkrid=711-127632-2357-0

What is this monstrosity of a coin 😆

[Paul]

33 minutes ago, NewCoins said:

One to watch @BarryWoods

https://www.ebay.co.uk/itm/Gothic-Crown-Quartered-Arms-2021-UK-2oz-Gold-Proof-Coin-Plain-Edge-COA-8-/334328502800?mkcid=16&mkevt=1&_trksid=p2349624.m46890.l49286&mkrid=710-127635-2958-0

Lets hope it is all legit and above board, and left to be a "proper auction"

Not ghost/shill bidded up to create an artificially manufactured sold prices  

[Paul]

http://www.watchcount.com/mw2.php?bkw=Gothic+Crown+Quartered+Arms+2021+UK+2oz+Gold+Proof+Coin+Plain+Edge+&bcat=0&bcts=&sfsb=Show+Me!&csbin=auc&bslr=&bnp=&bxp=#serp

x22 watches on it thus far 

[Gordy]

16 minutes ago, Paul said:

http://www.watchcount.com/mw2.php?bkw=Gothic+Crown+Quartered+Arms+2021+UK+2oz+Gold+Proof+Coin+Plain+Edge+&bcat=0&bcts=&sfsb=Show+Me!&csbin=auc&bslr=&bnp=&bxp=#serp

x22 watches on it thus far 

me included 🤣

[Chrisplym]

And me! 🤣

[Paul]

5 minutes ago, Gordy said:

me included 🤣

 

1 minute ago, Chrisplym said:

And me! 🤣

x26 watches now by the looks of it ! 

[marston59]

Me too, just sent mine for grading so this would be a great comparison.

Should make £10k plus.

[Paul]

Im gonna guess it hits £14,000

[Paul]

im sure our resident green eyed monster will chime in at some stage giving his 2p worth

[Petra]

3 hours ago, Simmoleon said:

Just a further update to this coin, it was received a couple of days after release and sent for conservation and received a PF69 but on the NGC invoice it was declined for conservation and it was confirmed that NCS considered it milk spots. 

Far from me to say, but that’s amazingly quick for milk spotting isn’t it?

[Dazlenk]

I'm going to send my 2 Gothics for grading soon, along with a couple of other new proof coins. Is conservation something that is worth doing for new coins, or is it only really for older/non proof coins? it will be my first time grading so any info you lovely people could give me would be very much appreciated. TIA. 

[Samcrewsilverlover]

6 minutes ago, Dazlenk said:

I'm going to send my 2 Gothics for grading soon, along with a couple of other new proof coins. Is conservation something that is worth doing for new coins, or is it only really for older/non proof coins? it will be my first time grading so any info you lovely people could give me would be very much appreciated. TIA. 

$64,000 question....as long as there are no milkspots....As I've always understood NCS will conserve... if there are signs of spotting! But!!! I have been told by a few members on here that NCS will conserve if your coin is milkspotted? But I have read on the NGC website that NCS will not grade with spotting??? I did see a comment today and I'm not sure which thread that a member sent a coin in for grading and conservation..but NCS wouldn't conserve their coin as was milkspotted? ...so gawd knows who is right!!!!  But if you have any signs of spotting on any coins I personally wouldn't bother with conservation....But I'm guessing there will be comments about this saying ..."Don't listen to me" and that members have had PF70's with spotting...haha..its a compete minefield to me😫😫

[Paul]

A 70 can and will most likely spot and tone as months go to years turn and the into decades 

[Samcrewsilverlover]

4 minutes ago, Paul said:

A 70 can and will most likely spot and tone as months go to years turn and the into decades 

True,I've seen many 70's over time that have spotted in slabs.....that's why I stay away from conserving and grading..

[Dazlenk]

So what are we saying, from an investment point of view as far as proof silver is concerned, buy, grade, sell? I don't really have the contacts to be able to get these coins on release. Have to rely on the secondary market and hope there's some meat left. However, I wouldn't be looking to sell for say 10-20 years. however, if they're covered in man fat then what's the point. Maybe I'll stick to lovely sovs like I meant to originally and try not to get caught up in all the hype/fomo! To that end just bought a lovely 1915 sov! 👍

Edited February 14, 2022 by Dazlenk

[James32]

1 minute ago, Dazlenk said:

So what are we saying, from an investment point of view as far as proof silver is concerned, buy, grade, sell? I don't really have the contacts to be able to get these coins on release. Have to rely on the secondary market and hope there's some meat left. However, I wouldn't be looking to sell for say 10-20 years. however, if they're covered in man fat then what's the point. Maybe I'll stick to lovely sovs like I meant to originally and try not to get caught up in all the hype/fomo! To that end just bought a lovely 1915 sov! 👍

Man fat 😭😭

[Dazlenk]

Haha

I love it that out of that whole post the bit that stood out to you was "man fat" lol 🤣🤣🤣

[Simmoleon]

1 hour ago, Petra said:

Far from me to say, but that’s amazingly quick for milk spotting isn’t it?

I’m not convinced it is but I guess we’ll never know how long RM have stored it after minting but for me I’ve never seen a coin coming from a new release with milk spots

Obviously I didn’t want to try and remove it so was hoping NCS would try but now they are saying milk spots they will not touch it either.