Time to drag the Royal Mint's business model in to this century?

[SovereignBishop]

Or just enjoy the coin at the price you were happy to pay ?

[Paul]

And we're on page 37 and still nothings resolved 

[Zhorro]

9 minutes ago, SovereignBishop said:

Or just enjoy the coin at the price you were happy to pay ?

 

[dicker]

Hi @BarryWoods

I can’t comment on FB as I am not a member, but in most places much the PM and Numismatic community is a friendly one, with people willing to give their time and expertise for free and with good grace.

A good example is new members asking “which gold coins should I buy first”. I and many others answer the same question many many times with good grace (not saying as happens on other non PM forums “read the effing forum before asking stupid questions”), forum members opinions differ a little but we are here to help and share.  People appreciate the help and it keeps the forum friendly and positive.

Personally, I have learned lots from people like @LawrenceChard @sovereignsteve @Roy - the list is endless.  I don’t necessarily always agree 100% but that’s part of life.

All I have to say is that you will get more out of the forum by working *with* the good folk who post here.  

Best

Dicker
 

 

 

 

[Heirlooms]

45 minutes ago, sovereignsteve said:

So just return the bloooody coin and then try to extract your revenge and kick the dealer later. Why prolong the issue?

 

2 hours ago, Paul said:

 

Because he's trying to flip it for more money 🙄

[Gordy]

1 hour ago, James32 said:

Lawrence and Barry are tied in first place 

The blue car and the red car had a race.....

[HerefordBullyun]

Can we change the thread title to time to drag ya balls over razorwire? 

[Paul]

1 hour ago, Heirlooms said:

Because he's trying to flip it for more money 

Shocking !

You'd think he must have paid too much in the first place and got buyers remorse??

[SilverDrum]

On 10/12/2021 at 10:19, BarryWoods said:

I have no intention of selling (maybe care home fees in 30 years) - As long as it is better than cash. I'd be happy

This didn't age well.

[James32]

Just now, SilverDrum said:

This didn't age well.

Maybe Barry has aged 30 years in two weeks.

[SilverDrum]

On 10/12/2021 at 10:19, BarryWoods said:

I have now purchased the 125 limited plain edge 2 oz gold quartered arms, secondary market

(don't ask the price! - other half might be watching - joke she knows, though not completely comfortable. for less than the highest, milled edge versions seen on ebay )

I now have the option to get the portrait..  Personally I'm thinking as a pair, I won't ever likely lose money (my main concern) and the Portrait may become very desirable by itself?

(Rare coin with two longest reigning  female monarch on - Elisabeth 2nd and Victoria)

 

I have no intention of selling (maybe care home fees in 30 years) - As long as it is better than cash. I'd be happy

 

It is however a very  significant lump of money for me. Thoughts? 

(though this forum may be a bit partisan to think gold coin collecting is a good idea!!!)

I just noticed the end of the first sentence from the post i quoted. That you knew is was from the secondary market.

[paulmerton]

4 minutes ago, SilverDrum said:

I just noticed the end of the first sentence from the post i quoted. That you knew is was from the secondary market.

https://giphy.com/gifs/reaction-loop-Aff4ryYiacUO4

[NewCoins]

15 minutes ago, SilverDrum said:

I just noticed the end of the first sentence from the post i quoted. That you knew is was from the secondary market.

He knew the RRP. He knew it was on the secondary market. 

I agree dealers shouldn't misrepresent themselves.

But, fundamentally he bought a coin on the secondary market for a price he was happy to pay.

 

[FlorinCollector]

I say we group buy his coin. Real collectors only. 

[Zhorro]

1 minute ago, FlorinCollector said:

I say we group buy his coin. Real collectors only. 

What happens if we then regret it?  Will he buy it back from us?

[FlorinCollector]

1 minute ago, Zhorro said:

What happens if we then regret it?  Will he buy it back from us?

yeh something about distance selling regs or something he has to 😂

[NewCoins]

3 minutes ago, Zhorro said:

What happens if we then regret it?  Will he buy it back from us?

You just need to blame everyone and everything but yourself.

Do a Barry.

[BarryWoods]

1 hour ago, NewCoins said:

He knew the RRP. He knew it was on the secondary market. 

I agree dealers shouldn't misrepresent themselves.

But, fundamentally he bought a coin on the secondary market for a price he was happy to pay.

 

I was told it was -initially - 

 

I was told later on - it was direct from the Royal Mint -

 

I was also told that their coins were supplied from the Royal Mint mad an awful lot of other things.. It appears I was told a lot of lies...  _if anyone has read how this progressed, I discovered things about the dealer, and it's provenance along the way.  But irt appears people just skip stuff, and do not take things in..  Both Royal Mint and Baird and Co have had all references about them removed from this dealers website. Baird and Co - seemed to have had 'words' the same day..  This whole topic, was actually about something else though - he Royal Min's business model where, they don't have 'authorised dealers' but somehow dealers get the pick of the stock via their RM account managers - Dealers can then charge whatever they like.  th elimited stock left on the website for the public, then sells out. and feeding frenzy, artificially hight prices, and we have the public thinking the must be good, look what dealers are chargiing.. of course, insiders in th eSilver forum think, do your own research, etc,etc it just works that way...  Can't be good for anyone when the bubble burst. 

 

And yes, I am now trying to get shot of all my gothics.. Return one if  can, but I do not trust this dealer, because of the lies they have told, sell the others when I can.. But right now, if my tone is a bit off, my father dies ten days ago. and I'm not in the best frame of mind.

[James32]

1 minute ago, BarryWoods said:

I was told it was -initially - 

 

I was told later on - it was direct from the Royal Mint -

 

I was also told that their coins were supplied from the Royal Mint mad an awful lot of other things.. It appears I was told a lot of lies...  _if anyone has read how this progressed, I discovered things about the dealer, and it's provenance along the way.  But irt appears people just skip stuff, and do not take things in..  Both Royal Mint and Baird and Co have had all references about them removed from this dealers website. Baird and Co - seemed to have had 'words' the same day..  This whole topic, was actually about something else though - he Royal Min's business model where, they don't have 'authorised dealers' but somehow dealers get the pick of the stock via their RM account managers - Dealers can then charge whatever they like.  th elimited stock left on the website for the public, then sells out. and feeding frenzy, artificially hight prices, and we have the public thinking the must be good, look what dealers are chargiing.. of course, insiders in th eSilver forum think, do your own research, etc,etc it just works that way...  Can't be good for anyone when the bubble burst. 

 

And yes, I am now trying to get shot of all my gothics.. Return one if  can, but I do not trust this dealer, because of the lies they have told, sell the others when I can.. But right now, if my tone is a bit off, my father dies ten days ago. and I'm not in the best frame of mind.

Genuinely extremely sorry to hear about your father 🙏🙏

Never worry about the coins and take care of your family.

[HerefordBullyun]

@BarryWoods my honest advice is instead of stressing yourself out over coins. Is go and look after your mental health first. Losing your Dad is a big thing buddy.

Id be concentrating the thing closer to home first family. The rest can wait. you have a LOT going on.

Ive no doubt you can either sell or auction the coins. Take a rain check and look after yourself and others close you first. This is from someone whose been through rinser himself on mental health. 

You have to look after yourself before you can look after others and men are c**p at it. 

My advice is go and seek some help. Pieces of metal can seriously wait, honest!

Best of luck. 

[GoldDiggerDave]

Is this post still a thing? 

[James32]

1 minute ago, GoldDiggerDave said:

Is this post still a thing? 

The fact your out out on the lash , but still checking into the silver forum is quite worrying 

[GoldDiggerDave]

2 minutes ago, James32 said:

The fact your out out on the lash , but still checking into the silver forum is quite worrying 

A bottle of coke is hardly what I call out on the lash!  
 

You are right I do spend a bit too much time here.    
 

Did I see that right?  Barry’s flipping them on FB……..I need to look up irony in the dictionary. 

[Petra]

Draw a line under this thread and start on about trying to get the new Royal Mint coin Monday at 9am!! Have a moan about the hassle!

 

 

 

[Gordy]

7 minutes ago, Petra said:

Draw a line under this thread and start on about trying to get the new Royal Mint coin Monday at 9am!! Have a moan about the hassle!

 

 

 

FA Cup... big queue for this one!!!!!