StackemHigh

In the UK Costco usually sell various gold and silver Bairds bars, Soveriegns and 1otz brits.

On 16/09/2023 at 13:02, SlowFrog said:

I do apologise but I love your honesty and willingness to at least think about it. This is coming from someone that nearly blew a £2k premium on a 1oz monkey coin just last week because it had a #01 on the COA (and an overall limited mintage of 888). However, the kind members of this forum brought me to my senses before I went all in. I've decided that bullion is just a much safer option for my sanity, even if I do get tempted by the odd proof or graded coin.

Are there other countries national mints have this type of problem? This is a rm generated issue. TOO many issued coins with confusing singles, sizes, sets, finishes, over pricing and poor quality are what the rm has become. It has become difficult to see a solution to this!

I happily pay good money for good quality products. 

On 13/09/2023 at 21:58, CuriousCollector17 said:

My question in the title is directly linked to this, as I want to know how easy (or hard) it would be to sell off the 10g Pt valcambi suisse bar and the 1/4 oz Baird mint Pd bar for a healthy profit (factoring in premium that I would charge over spot as dealers don't give favourable prices for buy backs IMO)?

I would have to say that a healthy profit would be near impossible and to break even could be difficult to achieve at best. TAX, margins and premiums from dealers will make any profit in the short or medium term impossible. A huge leap in spot price wouldn't help as you want to sell first then buy again.

The quick way is to buy outright first time with the least add ons.

I have been collecting and stacking from the late '80s. I have seen the quality in manufacturing and the rise in the design quality and In my time i have seen a huge rise in the PF70 collecting of graded coins too.

IMHO a proof coin is a coin that has a certain type of finish to it and is in no way related to the quality of that finish. A very basic view of the subject.

A certain level of quality and standard should be applied to all products but PF70 everytime?

I haven't bought any of the rm trash recently (2016) as their stuff falls way below the standards I have myself. 

I realise that there are FANBOYS/GIRLS of the rm and they will go above and beyond to defend these rather old fashioned standards in a more modern world the rm finds itself in. 

Other mints (RAM, Perth Mint and Germania) have far better quality but the rm operators the government at westminster as always fail to impress and have lowered the CGT threshold to protect sales rather than improve standards.

How times have changed.

I'm sceptical of this being a genuine error. More likely a case of the rm generating free publicity and a buzz over finding one!

This and the quarter turn brits seems like a marketing tool used to draw in the avid collectors amongst us. 

200 years ago I could imagine this could be quite common but not by todays standards.

Guernsey doubles also come in Gold too.

Nice.

On 20/06/2023 at 14:11, MBTPSilver said:

100%, boxes were an issue for some of the Memorial coins IIRC. I believe a few members of the forum here commented on lower quality boxes received for some of that range.

Best hope for now is that the release schedule settles back down once the remainder of the coronation stuff is done with, and the capacity rebounds a bit.

Unfortunately this is an ongoing problem at the rm that has been happening at the mint for quite a few years now I personally noticed this as a problem way back in 2010/11 with the poor quality  william and kate engagement white presentation cases and the capital cities four coin presentation cases. 

The poor quality we see from the rm most likely due to harsh cost cutting measures.

IMHO you should buy what you like and what you can afford. I collect silver and I collect gold. I also have a modest stack of gold that I can sell if an investment opportunity comes along that i wouldn't normally have the cash for.

I've also heard that a major delay in delivery can be the printing of COA's, presentation cases and packaging. The coins can be waiting in caps ready to go but the printers haven't been given the goahead to start the print run.

The Pt Market is very slow at the moment. I can still buy Pt priced below spot. I buy some now and then with beer money for the month. My thinking is that it wouldn't make sense to buy more as the profit I'd make wouldn't be worth the hastle but a bit of wealth preservation with a wee investment angle like Hydrogen etc. 

I do think the market has the correct pricing for Pt at the moment.

I'd like to see Pt at around £950 but my view is that it will fall to around £800-850. The premiums will stay high on Pt bars and coins.

The obverse of the knights coin is the Maltese cross being from Malta.

I've seen this one but it didn't really spark any interest.

Knights of the past are so much nicer.

There are plenty of non RM  sovereigns that have been issued by other mints/countries. Some are good, some are not. Personally I'd steer clear of these unless the price is very very good Gold is Gold after all. The isle of man sovs might be worth looking at.

6 hours ago, Spark268 said:

I guess the holders of these bars can be glad that they didn't plummet in value 😛

Have these bars been selling with a huge premium? Otherwise I really can't imagine the price plummeting, Have the Credit Suisse branded bars been devalued in some way? 

As we are constantly being told that bars are just bullion, then if they go out of production then I'd expect a small rise in price as they become a sought after collection pieces by bar collectors.

On 03/03/2023 at 17:49, Silverlocks said:

At a guess, a cockup in the CAD software - it's the sort of error you get in constructive solid geometry apps.  How nobody in the QA department didn't see this in the dies is anybody's guess.

The  Blunder mint would have to look at their stuff to be able to see the errors

My my, more blunders by the rm

My pocket piece is a double florin the first attempt at a 20p.

Anyone got the 10p a to z coins?

14 hours ago, Foster88 said:

 

As Sean would say 'The Bar Stewards'

Is anyone really suprised anymore? It's like when BYB got his 4 coin set and unboxed it and the 1/4 sov was damaged. The rm couldn't be bothered to send out a good set even to him with his legions of you tube followers for a little good publicity.

The level of disdain show by the rm to it's customers is absolutely staggering!!!

Quite obviously a cheap and nasty import from china as there ain't any of the usual security dings, scratches and first release milk spots. 

What is the quality of the QE II memorial coins being released by the rm like? Good, bad or just ugly?

I use a black background with an axial setup. gets really good photos. Only problem i have was camera was picking up my location and adding it to the file, only realised after about 500 photos in.