AppleZippoandMetronome

I was reading a post on here the other day (apologies for being unable to remember the member who wrote it off the top of my head) where it was mentioned that with the higher gold spot price some of the more common and less desireable proof sovs are already being thrown in the melting pot so we're kind of there already without the SHTF situation. That being said...
I think a reality check is probably helpful in actually answering this question.
Things like proofs and graded coins, etc only have a value uplift because enough of us desire them to give them a value uplift. The market which gives that value uplift is something that exists because of our modern way of living. In a crisis scenario where we no longer have access to our modern way of life priorities will naturally change and frankly pretty much anything that we currently assign a collectable value to will lose that because people won't care. Your priorities will be survival, safe passage, etc for you, your family and loved ones. Your priorities will not be what a paper label says inside a plastic slab or how shiny the finish is on your coins.

The Waterloo medal is a gem……..also the depictions around the out side of the medal read like hieroglyphs and tells an interesting story, also a warning to those 4 who were in power. 

Who knew this would come SO FAST!?
Most likely part of the Great Engravers range, and forming a trilogy of Pistrucci’s works including St. George and the Dragon.
https://www.thegazette.co.uk/notice/4571112
 
For the obverse impression Our effigy with the inscription “· CHARLES III · D · G · REX · F · D · 10 POUNDS ·” and the date of the year
And for the reverse either:
(a) a depiction of Prince Regent George of Britain (later King George IV), Emperor Francis II of Austria, Emperor Alexander I of Russia and King Frederick William III of Prussia surrounded by symbolic scenes representing peace; or
(b) a depiction of the Duke of Wellington and Prussian Commander Gerhard Von Blucher, represented as two horsemen accompanied by a representation of Nike, the goddess of flying and the chariot of Zeus, surrounded by figures of men with serpent legs.

I had the exact same thought here:
 

I was reading a post on here the other day (apologies for being unable to remember the member who wrote it off the top of my head) where it was mentioned that with the higher gold spot price some of the more common and less desireable proof sovs are already being thrown in the melting pot so we're kind of there already without the SHTF situation. That being said...
I think a reality check is probably helpful in actually answering this question.
Things like proofs and graded coins, etc only have a value uplift because enough of us desire them to give them a value uplift. The market which gives that value uplift is something that exists because of our modern way of living. In a crisis scenario where we no longer have access to our modern way of life priorities will naturally change and frankly pretty much anything that we currently assign a collectable value to will lose that because people won't care. Your priorities will be survival, safe passage, etc for you, your family and loved ones. Your priorities will not be what a paper label says inside a plastic slab or how shiny the finish is on your coins.

I was reading a post on here the other day (apologies for being unable to remember the member who wrote it off the top of my head) where it was mentioned that with the higher gold spot price some of the more common and less desireable proof sovs are already being thrown in the melting pot so we're kind of there already without the SHTF situation. That being said...
I think a reality check is probably helpful in actually answering this question.
Things like proofs and graded coins, etc only have a value uplift because enough of us desire them to give them a value uplift. The market which gives that value uplift is something that exists because of our modern way of living. In a crisis scenario where we no longer have access to our modern way of life priorities will naturally change and frankly pretty much anything that we currently assign a collectable value to will lose that because people won't care. Your priorities will be survival, safe passage, etc for you, your family and loved ones. Your priorities will not be what a paper label says inside a plastic slab or how shiny the finish is on your coins.

I was reading a post on here the other day (apologies for being unable to remember the member who wrote it off the top of my head) where it was mentioned that with the higher gold spot price some of the more common and less desireable proof sovs are already being thrown in the melting pot so we're kind of there already without the SHTF situation. That being said...
I think a reality check is probably helpful in actually answering this question.
Things like proofs and graded coins, etc only have a value uplift because enough of us desire them to give them a value uplift. The market which gives that value uplift is something that exists because of our modern way of living. In a crisis scenario where we no longer have access to our modern way of life priorities will naturally change and frankly pretty much anything that we currently assign a collectable value to will lose that because people won't care. Your priorities will be survival, safe passage, etc for you, your family and loved ones. Your priorities will not be what a paper label says inside a plastic slab or how shiny the finish is on your coins.

I was reading a post on here the other day (apologies for being unable to remember the member who wrote it off the top of my head) where it was mentioned that with the higher gold spot price some of the more common and less desireable proof sovs are already being thrown in the melting pot so we're kind of there already without the SHTF situation. That being said...
I think a reality check is probably helpful in actually answering this question.
Things like proofs and graded coins, etc only have a value uplift because enough of us desire them to give them a value uplift. The market which gives that value uplift is something that exists because of our modern way of living. In a crisis scenario where we no longer have access to our modern way of life priorities will naturally change and frankly pretty much anything that we currently assign a collectable value to will lose that because people won't care. Your priorities will be survival, safe passage, etc for you, your family and loved ones. Your priorities will not be what a paper label says inside a plastic slab or how shiny the finish is on your coins.

I was reading a post on here the other day (apologies for being unable to remember the member who wrote it off the top of my head) where it was mentioned that with the higher gold spot price some of the more common and less desireable proof sovs are already being thrown in the melting pot so we're kind of there already without the SHTF situation. That being said...
I think a reality check is probably helpful in actually answering this question.
Things like proofs and graded coins, etc only have a value uplift because enough of us desire them to give them a value uplift. The market which gives that value uplift is something that exists because of our modern way of living. In a crisis scenario where we no longer have access to our modern way of life priorities will naturally change and frankly pretty much anything that we currently assign a collectable value to will lose that because people won't care. Your priorities will be survival, safe passage, etc for you, your family and loved ones. Your priorities will not be what a paper label says inside a plastic slab or how shiny the finish is on your coins.

Yeah I've long been a proponent of the ownership of physical assets because I simply don't trust the systems that are in place. You're very much preaching to the choir with this here but its always good as a reminder for others to read. Like I said in my post I do get a good amount of comfort from holding the gold and silver that I do not to mention land and other property.
That being said the kind of emergencies most of us are likely to have to deal with in our lifetimes are going to be much more everyday. Car breaking down, vet bill, house repair, etc. Stuff like this comes up every now and then and when it does it is necessary to have a good cash buffer to deal with it. If a sudden bill that needs to be paid ASAP pops up and all you have is gold and silver you will take a hit on that because you need to sell it quick to settle the bill. Cash is still needed in this world regardless of what any of us think about its stability.

Yeah I've long been a proponent of the ownership of physical assets because I simply don't trust the systems that are in place. You're very much preaching to the choir with this here but its always good as a reminder for others to read. Like I said in my post I do get a good amount of comfort from holding the gold and silver that I do not to mention land and other property.
That being said the kind of emergencies most of us are likely to have to deal with in our lifetimes are going to be much more everyday. Car breaking down, vet bill, house repair, etc. Stuff like this comes up every now and then and when it does it is necessary to have a good cash buffer to deal with it. If a sudden bill that needs to be paid ASAP pops up and all you have is gold and silver you will take a hit on that because you need to sell it quick to settle the bill. Cash is still needed in this world regardless of what any of us think about its stability.

The point of such emergency funds are that in case of a bank run you will have access to tangible assets you can barter or sell off for cash. Having an easy access account is the problem, will you have access if the emergency is a run on the banks where you have now the problem of accessing your easy access account which is no longer easily accessible. You have your cash in the bank and the bank is literally taking the funds to fund themselves to pay off their debts. 
Having gold or silver is but a percentage of an emergency fund you have direct access to, cash makes up another percentage and how its stored should be easily accessible but not in the form of an account. Any account is open to the owners of said account, we are merely temporary depositors with which we don't own anything in the bank which we store our own money as soon as we deposit the money it becomes their money and they give it to us when they decide they want to give it to us. 
 

No I would never buy gold or silver for use as an emergency fund. I have two stores for emergency and these are split between cash and an easy access account.
For an emergency scenario I want the peace of mind of knowing what I need is there and not something I'd have to go through the stages of selling to get access to. Chances are also good if you are having to liquidate gold or silver in an emergency the urgency of that scenario means you are almost certainly going to take a hit on the value of those items.
I am very glad to have the gold and silver I do - there is a good amount of comfort in it. But its there for the long term. Cash is still king for emergencies not to mention day to day living.

No I would never buy gold or silver for use as an emergency fund. I have two stores for emergency and these are split between cash and an easy access account.
For an emergency scenario I want the peace of mind of knowing what I need is there and not something I'd have to go through the stages of selling to get access to. Chances are also good if you are having to liquidate gold or silver in an emergency the urgency of that scenario means you are almost certainly going to take a hit on the value of those items.
I am very glad to have the gold and silver I do - there is a good amount of comfort in it. But its there for the long term. Cash is still king for emergencies not to mention day to day living.

No I would never buy gold or silver for use as an emergency fund. I have two stores for emergency and these are split between cash and an easy access account.
For an emergency scenario I want the peace of mind of knowing what I need is there and not something I'd have to go through the stages of selling to get access to. Chances are also good if you are having to liquidate gold or silver in an emergency the urgency of that scenario means you are almost certainly going to take a hit on the value of those items.
I am very glad to have the gold and silver I do - there is a good amount of comfort in it. But its there for the long term. Cash is still king for emergencies not to mention day to day living.

An information post for anyone who trades a volume of PMs or other collectibles, even if you're just a sole trader or not VAT registered.
I have been using specialist insurance for 2 years and found it very reasonable for the cover provided. Though I have not had to claim, I have no reason to suspect there would be an issue.
It covers stock held at premises, on person, at shows/events/auctions etc, but most importantly stock in transit sent by registered mail, for up to £5k. 
This will be especially valuable now that the extra compensation on SD costs £10 per package! This cover will go to £5000 at no extra cost per package.
Please PM me if you would like further details. I get a referral reward for everyone who takes out insurance  

Whether intentional or not I do feel the current way the RM is selling these packaged up historic coins is wrong and very much has the potential to take advantage of people who don't know better. The cobbling together of coins and marketing them as something special when they aren't is nothing new but I do think its especially problematic coming from a place like the Royal Mint. From what I've seen the RM has quite a good reputation and level of trustworthiness amongst the general public. I would think there are quite a few people out there who wouldn't expect to be taken advtange of by the RM but that is what is happening when the RM puts these things together and tries to sell them as something special. All businesses have to make money but the issue I see with this is its dressing up something to be more than what it is so it can be sold at a much higher price than what its worth. It is misleading and people will be swindled by it. Sadly it tends to be some of the most vulnerable in our society that get drawn into and swindled by things like this.

I think the RM have pretty consistently proved how little they care about QC over recent years. There are always problems and its annoying having to deal with them.
The only thing I'm still purchasing from them is the Great Engravers coins and even then I find myself questioning whether its worth sticking to that series at this point or not. More people need to remember the power of voting with their wallet and stop supporting a company who seemingly cares so little about the products they send out. There are plenty of other coins out there to spend ones hard earned cash on that don't come with the same annoyances.

I think the RM have pretty consistently proved how little they care about QC over recent years. There are always problems and its annoying having to deal with them.
The only thing I'm still purchasing from them is the Great Engravers coins and even then I find myself questioning whether its worth sticking to that series at this point or not. More people need to remember the power of voting with their wallet and stop supporting a company who seemingly cares so little about the products they send out. There are plenty of other coins out there to spend ones hard earned cash on that don't come with the same annoyances.

If you regularly sell on ebay one thing you (sadly and quite often annoyingly) come to realize is that very few people actually read an items description. Quite often someone will see the title, look at the first picture and base their bid/purchase on that alone. Whilst the title of this one does clearly give a weight indicating it is a half sov one other thing I've noticed in the coin world is that quite often people rush to buy things without knowing anything about it. I suspect there is a combination of those two things at play with this auction.
The above being said though this is very much a thing on ebay which I'd mostly chalk up to some form of auction fever. You'll see the same behaviour if you attend an auction in person. I was at one back in November and watched as one lot after the other went for well over what you could buy the items for from the shops around that sold them. Factoring in auction fees people paid as much as double for some of the goods and it wsan't because it was a charity auction. Its not something I'll ever understand.

When I first started collecting I fell foul of the RM, canny salesperson quickly spotted I was a newbie. Subsequently I have some nice old coins in tidy packaging with an SOA and warnings never to open lest the sophisticated grading EF is contaminated.
The premium to comparative coins I’ve seen on TSF hurts like hell.
Caveat Emptor foff they are exploiting trust and debasing the institution.
Fortunately having laughed at subsequent attempts to fleece me with what’s best described as s*** they leave me alone.
I wish you all the best in your endeavours. I hope the recipient of your complaint can read.
 
 
 

Whether intentional or not I do feel the current way the RM is selling these packaged up historic coins is wrong and very much has the potential to take advantage of people who don't know better. The cobbling together of coins and marketing them as something special when they aren't is nothing new but I do think its especially problematic coming from a place like the Royal Mint. From what I've seen the RM has quite a good reputation and level of trustworthiness amongst the general public. I would think there are quite a few people out there who wouldn't expect to be taken advtange of by the RM but that is what is happening when the RM puts these things together and tries to sell them as something special. All businesses have to make money but the issue I see with this is its dressing up something to be more than what it is so it can be sold at a much higher price than what its worth. It is misleading and people will be swindled by it. Sadly it tends to be some of the most vulnerable in our society that get drawn into and swindled by things like this.

Whether intentional or not I do feel the current way the RM is selling these packaged up historic coins is wrong and very much has the potential to take advantage of people who don't know better. The cobbling together of coins and marketing them as something special when they aren't is nothing new but I do think its especially problematic coming from a place like the Royal Mint. From what I've seen the RM has quite a good reputation and level of trustworthiness amongst the general public. I would think there are quite a few people out there who wouldn't expect to be taken advtange of by the RM but that is what is happening when the RM puts these things together and tries to sell them as something special. All businesses have to make money but the issue I see with this is its dressing up something to be more than what it is so it can be sold at a much higher price than what its worth. It is misleading and people will be swindled by it. Sadly it tends to be some of the most vulnerable in our society that get drawn into and swindled by things like this.

Whether intentional or not I do feel the current way the RM is selling these packaged up historic coins is wrong and very much has the potential to take advantage of people who don't know better. The cobbling together of coins and marketing them as something special when they aren't is nothing new but I do think its especially problematic coming from a place like the Royal Mint. From what I've seen the RM has quite a good reputation and level of trustworthiness amongst the general public. I would think there are quite a few people out there who wouldn't expect to be taken advtange of by the RM but that is what is happening when the RM puts these things together and tries to sell them as something special. All businesses have to make money but the issue I see with this is its dressing up something to be more than what it is so it can be sold at a much higher price than what its worth. It is misleading and people will be swindled by it. Sadly it tends to be some of the most vulnerable in our society that get drawn into and swindled by things like this.