2019 Britannia One Ounce Gold Coin

[katmonkey]

Hi everyone,

I've just purchased a one ounce gold 2019 Britannia from Atkinsons.

There are some scuff marks to the left of the Queens nose. They are in my opinion minor but what does everyone else think?

This is a bullion coin but it is advertised as new.

Should I ask for a replacement or am I been too picky?

Please advise.

Thanks

 

[AllThingsShiny]

Looks like where they have been in the tube from the mint. It all depends what your planning on doing with the coin? Me personally I wouldn't worry one bit about it. 

[5huggy]

Kind of agree with @AllThingsShiny - it is afterall (probably what they would say) 1 ounce "Bullion"

[katmonkey]

To reiterate the scuffs are minor. I would like to know what other members coins are like. I've read that the Queen's head is susceptible to scuffs on Brits & the Queens Beasts as the surface is raised.

Thanks again

[katmonkey]

My plan is to sit on my stack for 15-20 years and then sell. I don't have any graded coins just bullion.

My main concern would this affect the resale value in the future?

[AllThingsShiny]

39 minutes ago, katmonkey said:

My plan is to sit on my stack for 15-20 years and then sell. I don't have any graded coins just bullion.

My main concern would this affect the resale value in the future?

If you plan to hold onto bullion that length of time the spot price would have hopefully given you a nice return regardless of the fact a few light marks are present. In my opinion the cost and risk of sending it back just for it to be returned are greater potential risks than reward when it comes to the coin you have purchased in this instance. 

[katmonkey]

Thanks for your help  @AllThingsShiny and 5huggy

I've decided to keep it, the scuffs are minor. The price difference is negligible between a 1oz coin to a bar. Bullion is bullion and I would prefer a coin to a bar.

K

[Pragmatist]

Interesting post and I too have just received one today with a scuff mark. I guess it’s bullion at the end of the day and still a beautiful coin to boot. 

[katmonkey]

Looks like our Queens' have been in a fight! 😀

[Pragmatist]

Almost like Kate and Megan 😂😂

[watchesandwhisky]

Yeah dont worry, if you want perfect buy a proof version. 

[terakris]

I purchased an oriental Britannia that had scuff marks on the face. Sent it back to RM and they sent a new one. I said even though it's bullion it's a bit pants and they agreed.

 

[KitboyE17]

On 28/12/2018 at 17:35, katmonkey said:

Should I ask for a replacement or am I been too picky?

1oz gold Britt at today’s price? Of course you should ask for a replacement. 

Think about what else you could buy for a similar price - computer, iphone etc. Would you accept a ‘scuff mark’ on one of them?

[katmonkey]

I understand your point, however the coin will always be worth spot price of gold. If I bought a computer/phone what would that be worth in 10 years. £0?

[shortstack68]

On 28/12/2018 at 18:56, katmonkey said:

My plan is to sit on my stack for 15-20 years and then sell. I don't have any graded coins just bullion.

My main concern would this affect the resale value in the future?

Resale value will always be worth whatever bullion is valued at in 15-20 years, I wouldn’t worry about it, i’d only worry if bullion was worth less in that time