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BackyardBullion

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  • Posts

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  • Trading Feedback

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  • Country

    United Kingdom

Reputation Activity

  1. Super Like
    BackyardBullion got a reaction from stefffana in 5kg 999 Silver Geiger Edelmetalle Silver Bar (Square) For Auction! - Ends 12th April 9am UK GMT - WITHDRAWN   
    I saw it when it was originally listed for sale as a BIN. I had contacted the seller about it at the time of the BIN with a backup offer of £3525. 
    Subsequently the seller and I then agreed the sale. Having read this thread I think it would have been a case of just get it sold and thats exactly what we did. 
    Sorry if I have annoyed anyone, not intentional 
  2. Haha
    BackyardBullion reacted to Skyfiller in Goldbacks In The UK Now Same price As-USA-Get Your GoldBacks   
    Thanks @JamesH, so they are just a collectable 😀👍🏻 God, that was hard work 😂
  3. Thanks
    BackyardBullion got a reaction from Cabletek in Silver Forum Bars & Rounds for 2024   
    Howdy all!
    Been getting a few private messages about this so thought I would just make a quick post about schedules for 2024 releases. 
    Normally we would have the 1 oz bars ready by about this time of year - and to be fair they are all manufactured but I am going to be releasing them in June. 
    The reason for this is I am shifting how I work. 
    I am trying to get ALL production for our annual products done in the first half of this year. This allows me more time to focus on the delivery of the projects when they are done. 
    Shipping out all the bars to customers takes a lot of time and it often is all consuming. 
    So, for now I am working away creating all the forum products for 2024 based on the following scheule:
    Silver Forum Products
    1 oz forum bars (250 mintage): Release June
    100g forum bars (175 mintage): Release Late August
    1oz, 3oz and 5oz forum rounds (50, 75 & 25 mintages): Release November
    BYB annual products
    1 oz BYB bars (100 mintage): Release June
    100g BYB Bars (25 mintage): Release Late August
    Interested in getting some of our products?
    Just comment on this thread, or watch out for my future posts on the subject!

  4. Sad
    BackyardBullion got a reaction from GBStacking in Investigation into Historic Coin Pricing by The Royal Mint   
    Oh no
    Someone bought one of the greatest queens set for £750
    There are now 45 available from the 46 last month
    Someone just got ripped off
     

  5. Haha
  6. Haha
    BackyardBullion reacted to Olivard in Investigation into Historic Coin Pricing by The Royal Mint   
    I'm sure that the RM Executive that bought it can afford the premium. 😊
  7. Haha
  8. Haha
  9. Haha
  10. Haha
  11. Sad
    BackyardBullion got a reaction from Silfrfish in Investigation into Historic Coin Pricing by The Royal Mint   
    Oh no
    Someone bought one of the greatest queens set for £750
    There are now 45 available from the 46 last month
    Someone just got ripped off
     

  12. Like
    BackyardBullion got a reaction from Silfrfish in Investigation into Historic Coin Pricing by The Royal Mint   
    Quick update on my little investigation.
    Had no tangible feedback from The Royal Mint yet on their pricing of this product in particular: 
    https://www.royalmint.com/shop/monarch/queen-victoria/victoria-young-head-crown/
    £270

    I sent the images of this coin off to Sovereign Rarities (Who are recommended on RM's website for historic coin valuations, also RM owns 23.4% stake in Sovereign Rarities).
    Anyway, I got a very prompt reply from Sovereign Rarities who put a value of £25 on this coin.
    SHOCKING
    So, I decided to place an order on RM website for this listing to see what I got. 
    Unfortunatley I did not get this dog of a coin. Instead I got a middle of the road version with at least the crown side visible. 
    This is the coin I received


    Not terrible, but not great either. 
    I think we can all agree this is not a £270 version of this coin.
    I understand that there is a premium for the display and the fact you are buying from an authenticated source and that is worth something. But when you see comprable coins in similar condition selling for £50 and £64 respectively you have to ask where is the value of the additional £200+ coming from.

    Needless to say I have initiated a free return to The Royal Mint for my £270 coin with a note to say that the value of the coin is far less than expected considering its condition. 
    Its a shame I didn't get the complete dog of a coin though, that would have been fun.
    What I would say is that at very least the RM has no clue what it is doing. Why would you have a picture of a coin like that as the listing image if you have better versions of the coins in stock?
    There is only one answer. 
    Show the worst image you have then nobody can moan when it arrives, you bought what you see. 
     
  13. Like
    BackyardBullion got a reaction from Silfrfish in Investigation into Historic Coin Pricing by The Royal Mint   
    For a while now you may have seen I have been making comentaries on the seemingly extortionate prices of some of the Royal Mint's Historic Coin pricing. 
    Today we see another example of outrageous prices with the Pistrucci 3 coin set. 
    The Royal Mint have  valued two silver crowns (1819 and 1821) at a combined value of £600+ 
    I am in the process of an investigation and deep dive into this and have reached out the the Royal Mint press office for comments (they have not been great in their replies so far). 
    Lots to share in due course and it should be quite telling for the mint when published. 
    What I would like from this thread is any community sentiments on this practice by The Royal Mint. 
    They need to understand its not just one crazy guy with a YouTube channel that has a problem here. There are deeper issues at play which I feel very strongly about including but not limited to The Royal Mint profiteering from the unsuspecting public that don't know better and who take the valuations from the mint at face value. 
    If you have an opinion on this and you would like it to be shared please post here. 
    If you would rather remain anonymous please feel free to PM me and sentiments can be shared that way. 
    The Royal Mint is in my opinion taking a direction that will ultimately do serious damage to their brand and reputation. My goal is change, but I will settle for consumer awareness for the wider population. If I can save just one person from buying a coin 10x the true value that is my job done. 
    Any thoughts/comments and opinions are most welcome.
    Remember, this is a public forum and thread and comments may be publiushed on YouTube.
  14. Haha
    BackyardBullion got a reaction from ZigZag in Royal Mail/Fail..."Dangerous Goods" Completely stupid   
    I use the phrase "total bollocks" and "Thieving b******s" in my video, I don't think this will be good publicity for them.
  15. Like
    BackyardBullion got a reaction from KleinerVogel in Silver Forum Bars & Rounds for 2024   
    Howdy all!
    Been getting a few private messages about this so thought I would just make a quick post about schedules for 2024 releases. 
    Normally we would have the 1 oz bars ready by about this time of year - and to be fair they are all manufactured but I am going to be releasing them in June. 
    The reason for this is I am shifting how I work. 
    I am trying to get ALL production for our annual products done in the first half of this year. This allows me more time to focus on the delivery of the projects when they are done. 
    Shipping out all the bars to customers takes a lot of time and it often is all consuming. 
    So, for now I am working away creating all the forum products for 2024 based on the following scheule:
    Silver Forum Products
    1 oz forum bars (250 mintage): Release June
    100g forum bars (175 mintage): Release Late August
    1oz, 3oz and 5oz forum rounds (50, 75 & 25 mintages): Release November
    BYB annual products
    1 oz BYB bars (100 mintage): Release June
    100g BYB Bars (25 mintage): Release Late August
    Interested in getting some of our products?
    Just comment on this thread, or watch out for my future posts on the subject!

  16. Super Like
  17. Super Like
    BackyardBullion got a reaction from Darr3nG in Royal Mail/Fail..."Dangerous Goods" Completely stupid   
  18. Like
    BackyardBullion got a reaction from DavePa in Royal Mail/Fail..."Dangerous Goods" Completely stupid   
  19. Like
    BackyardBullion got a reaction from Webby7671 in 🔨 BYB Hammer Time - 5, 10 and 20oz Hammered Silver Rounds and Bars   
    That 40 oz is still to this day the single largest piece of silver I have ever made. 
  20. Haha
    BackyardBullion got a reaction from MBTPSilver in Royal Mail/Fail..."Dangerous Goods" Completely stupid   
    I use the phrase "total bollocks" and "Thieving b******s" in my video, I don't think this will be good publicity for them.
  21. Like
    BackyardBullion got a reaction from MBTPSilver in Royal Mail/Fail..."Dangerous Goods" Completely stupid   
    You can't make this up...

    I will hold any excitement until it's in my possession and contents have been checked.
    Good news I suppose!
  22. Haha
  23. Like
    BackyardBullion got a reaction from westminstrel in Royal Mint Black Friday Weekend   
    Live YouTube Debates are not my thing 🙂
  24. Haha
    BackyardBullion got a reaction from James32 in Royal Mint Black Friday Weekend   
    Live YouTube Debates are not my thing 🙂
  25. Haha
    BackyardBullion got a reaction from CoinCupboard in Royal Mint Black Friday Weekend   
    Live YouTube Debates are not my thing 🙂
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