BackyardBullion

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
 

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. 
 

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.

I use the phrase "total bollocks" and "Thieving b******s" in my video, I don't think this will be good publicity for them.

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!

That 40 oz is still to this day the single largest piece of silver I have ever made. 

I use the phrase "total bollocks" and "Thieving b******s" in my video, I don't think this will be good publicity for them.

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!

Live YouTube Debates are not my thing 🙂

Live YouTube Debates are not my thing 🙂

Live YouTube Debates are not my thing 🙂

Was looking forward to @BackyardBullion's YouTube live court case against them to be honest! 

Thank f**** for that, I was on the hook for twelve of them 😆 

And everyone on TSF breathes a collective sigh of relief (heard all the way Down Under). 😆

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Submitter ChrisSilver Expiration Date 1 month and 11 days Submitted 21/04/24 Category Prize Draws open to ALL member groups  

At this point even the most minimal of damage will result in a claim.