At the end of the day 99% of these coins are only going to be worth their metal value on the secondary market...doesn't matter what shiny boxes or plastic coffins they are in ...all the marketing hype from the likes of RM, Westminster Mint , London Mint, Hamilton & Byrne and all the others wont make a jot of difference when it comes to resale.
Oh and I was offered recently with all the accompanying marketing hype , two crowns - 1935 and 1937 Crown ....can you believe the price at £149 !!...that's a 1000% over market value ......I'm in the wrong business for sure......
Jeez, I bloody well hope not !
If thats the case, that the insurance risk is on me on the return leg then that must be a major flaw in the entire process and people should be made well aware.
I'm going in to see them on Wednesday....will let you know what happens.
14 weeks !!
Their excuse is that it can take that long, so can a manned mission to the moon and back.
I may have to explore what happens when coins are lost, how do you prove the value of lost coins and I wonder what their compensation/insurance procedures are . My guess is that they will duck under US laws. What a sodding nightmare !!
All scrap / bullion when you come to resell I'm afraid....RM is really just a marketing company ..you pay for the beautiful boxes and the advertising...with only very few exceptions the resell value is the gold / silver value only regardless of whether they are proof / low mintage/ in a shiny box
Been waiting nearly 2 months now after submitting to them. Not the friendliest of peolpe to deal with either.
I think the Pyramids took less time to build
It does say including ....not that this was the entire collection that was stolen
However I suspect that the unfortunate victim could very well have been a classic client of those companies that we all know, who prey on selling to mainly the elderly and definitely to people who don't know the value of what they are buying and who often do it furtively and with the best intentions in order to leave something of what they think is of value to the family when they've gone and generally is worth about 10 to 20% of what they paid..at best.
Stick to your knitting is what I say ( can you still say that ? ..of course men knit too....phew ! I think I got away with that one...) ......don't buy what you don't understand or haven't researched....Crypto being a recent classic example of people doing this
I understand that currently they are just submitters and are finally open at Spink's offices ...apparantly they are working towards doing it in situ at some point which will be good ..
Its like when I get put through to a call centre in India....and they say "Hello my name is John" ....er, no it isnt , so you're lying to me from the off ...!
I've followed this up with Spink as a matter of interest as it was clear to anyone yet alone a professional cataloguer that it wasnt a mule .....they did say there had been an unusual sequence of events that led to this rare cataloguing error ...that the matter had beeen resolved correctly and satisfactoraily between the buyer and the seller...pity it wasnt the other way around ie described as an F10 but actually an F9 ...lol !
I take the default French view of politicians ... they are all liars, cheats, theives and adulterers ..and when they’re proved to be liars, cheats, theives abd adulterers .. they shrug their shoulders and say ... yeah, we knew that ....