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2023 Coronation King Charles III and Queen Camilla Gold Sovereign


Midasfrog

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In the U.S., we don't have all these QC issues with the U.S. Mint.  The coins they produce may not be all MS or PF 70s, but we don't see the glaring and numerous QC issues we're seeing from the RM.  The U.S. Mint doesn't produce as many different coins as the RM, but mintages of each coin are very large.  I think the RM is biting off more than it can chew with continuous new releases that they can't keep up with.  Now, their goal does not seem to be quality but rather get as many out the door as possible.  Apparently, all the returns are not bothering them.  But, if they spent more resources on QC before the coins leave the mint, they would be able to spend less time and money handling all the returns plus irate customer complaints.

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16 minutes ago, JeffM said:

In the U.S., we don't have all these QC issues with the U.S. Mint.  The coins they produce may not be all MS or PF 70s, but we don't see the glaring and numerous QC issues we're seeing from the RM.  The U.S. Mint doesn't produce as many different coins as the RM, but mintages of each coin are very large.  I think the RM is biting off more than it can chew with continuous new releases that they can't keep up with.  Now, their goal does not seem to be quality but rather get as many out the door as possible.  Apparently, all the returns are not bothering them.  But, if they spent more resources on QC before the coins leave the mint, they would be able to spend less time and money handling all the returns plus irate customer complaints.

The odds are though that the sales they make from all of these releases exceed the money they lose via QC returns/replacements. I would say that it is likely a calculated decision for the business which honestly makes it worse as it means that an element of that strategy is to just sell off their reputation for short-term gain.

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11 minutes ago, BOOLIAN said:

The odds are though that the sales they make from all of these releases exceed the money they lose via QC returns/replacements. I would say that it is likely a calculated decision for the business which honestly makes it worse as it means that an element of that strategy is to just sell off their reputation for short-term gain.

well said!

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The MD/CEO of the Royal Mint in the real private sector would be looking for a new job.

Utter failure.
I bet they are appointed by Fat Cat/Political friends or has a water tight contact.

Tarnishing the brand worldwide. 

“Foook You, you’re an irrelevant customer, go somewhere else peasant, nobody’s listening, I’m alright Jack”

-Royal Mint 2024

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44 minutes ago, JeffM said:

In the U.S., we don't have all these QC issues with the U.S. Mint.  The coins they produce may not be all MS or PF 70s, but we don't see the glaring and numerous QC issues we're seeing from the RM.  The U.S. Mint doesn't produce as many different coins as the RM, but mintages of each coin are very large.  I think the RM is biting off more than it can chew with continuous new releases that they can't keep up with.  Now, their goal does not seem to be quality but rather get as many out the door as possible.  Apparently, all the returns are not bothering them.  But, if they spent more resources on QC before the coins leave the mint, they would be able to spend less time and money handling all the returns plus irate customer complaints.

Ahh, comments like these would be great on that video 😉

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My STOD has a few spots where the frosted finish is missing.  I’d kind of describe them as chips, but it’s not damage, just missing.  Does that really matter on this coin?  Nothing I can do about it anyway, May 6 has come and gone and no replacement is available 

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On 12/05/2023 at 16:21, BOOLIAN said:

One thing that I do find interesting is the little 'QC' sticker. I've never seen that before. New policy to improve quality control, perhaps?

https://cdn.discordapp.com/attachments/708382334235181076/1106601664531664946/IMG_0010.jpg

The QC stickers appeared in late 2021, I think, during the fiasco of the proof 2022 Platinum Jubilee sovereigns of which many were delivered having ‘escaped’ from their capsules.

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27 minutes ago, Foster88 said:

The QC stickers appeared in late 2021, I think, during the fiasco of the proof 2022 Platinum Jubilee sovereigns of which many were delivered having ‘escaped’ from their capsules.

We should build a chart of QC numbers to find the worst RM offender.

My money’s on Paraplegic Stevie Wonder.

“Foook You, you’re an irrelevant customer, go somewhere else peasant, nobody’s listening, I’m alright Jack”

-Royal Mint 2024

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49 minutes ago, NGMD said:

We should build a chart of QC numbers to find the worst RM offender.

My money’s on Paraplegic Stevie Wonder.

Maybe a chart of QC numbers might seem to be a good idea but I think the QC stickers won’t create any real correlation to faulty or otherwise pristine coins.

I’m not sure what disability has to do with it but that joke is lost on me.
Bad taste, unfortunately.

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6 minutes ago, Foster88 said:

Maybe a chart of QC numbers might seem to be a good idea but I think the QC stickers won’t create any real correlation to faulty or otherwise pristine coins.

I’m not sure what disability has to do with it but that joke is lost on me.
Bad taste, unfortunately.

The joke is that he could not have touched or seen in to inspect it.

People are assigned a QC number and might be a particular ‘inspector’

“Foook You, you’re an irrelevant customer, go somewhere else peasant, nobody’s listening, I’m alright Jack”

-Royal Mint 2024

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3 hours ago, Sc391 said:

Does that really matter on this coin?

Imo no - I don't think these are going to be hard to sell even with (minor) issues. You might get a bit less than one in perfect condition but those are likely few and far between. It will certainly be interesting to see what some of these are graded at.

Edited by BOOLIAN
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just wondering basic on the QC your talking about on the SOTD sovreign what do you think the chance of  getting SOTD MS70 popping up? Im looking to get myself a MS70 sign I couldn't buy it on release day.

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On 19/05/2023 at 09:03, BOOLIAN said:

Imo no - I don't think these are going to be hard to sell even with (minor) issues. You might get a bit less than one in perfect condition but those are likely few and far between. It will certainly be interesting to see what some of these are graded at.

I think they will be harder to sell beyond its already inflated price as time goes by as the real proof sets are coming soon. But hey, what do I know ? Good luck either way :)

 

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19 minutes ago, Oldun said:

I think they will be harder to sell beyond its already inflated price as time goes by as the real proof sets are coming soon. But hey, what do I know ? Good luck either way :)

I don't think they will be hard to sell but the current prices may well drop as the FOMO crowd move onto the next set of releases.

Longer term they will remain boyant imho.

Looking to complete a date run of Bu Sovs and still require; 2010, 2011, 2018 & 2019

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