david.bordeaux Posted March 25, 2022 Posted March 25, 2022 The Royal Mint shop is selling a 1906 florin for... 942 pounds. Slabbed by CGS as "EF78", it looks more like a good VF from the photos (too much wear on Britannia and in the sea for it to be EF in my opinion). Even in EF, they sell for about one-third of that price. Maybe they looked at the wrong line in the catalogue and priced it as a 1905! 1 3 1 Quote
azda Posted March 25, 2022 Posted March 25, 2022 27 minutes ago, david.bordeaux said: The Royal Mint shop is selling a 1906 florin for... 942 pounds. Slabbed by CGS as "EF78", it looks more like a good VF from the photos (too much wear on Britannia and in the sea for it to be EF in my opinion). Even in EF, they sell for about one-third of that price. Maybe they looked at the wrong line in the catalogue and priced it as a 1905! Or maybe they got their price from Sovereign Rarities 1 Quote
VickySilver Posted March 26, 2022 Posted March 26, 2022 Yes, I to am appalled by their prices on "classic" and often worn coins of no real substance or value (excluding that 1819 sovereign which didn't look like diddly to me), but the profit margin is also IMHO to high on the current offerings. 1 Quote
Sword Posted March 27, 2022 Posted March 27, 2022 They are asking £100 for a proof 1977 silver crown!? Around 400% profit margin when sourced from eBay? 1 2 Quote
Peckris 2 Posted March 27, 2022 Posted March 27, 2022 On 3/25/2022 at 2:19 PM, david.bordeaux said: The Royal Mint shop is selling a 1906 florin for... 942 pounds. Slabbed by CGS as "EF78", it looks more like a good VF from the photos (too much wear on Britannia and in the sea for it to be EF in my opinion). Even in EF, they sell for about one-third of that price. Maybe they looked at the wrong line in the catalogue and priced it as a 1905! Never mind. If you're hard up, you can always afford a 1902 Crown in F for a mere £250 https://www.royalmint.com/our-coins/ranges/historic-coins/historic-crowns/hisx160/ 1 Quote
copper123 Posted March 28, 2022 Posted March 28, 2022 19 hours ago, Peckris 2 said: Never mind. If you're hard up, you can always afford a 1902 Crown in F for a mere £250 https://www.royalmint.com/our-coins/ranges/historic-coins/historic-crowns/hisx160/ OMG what a retail price - it is a scarce coin but not worth much more than seventy pounds Quote
Bruce Posted March 28, 2022 Posted March 28, 2022 3 minutes ago, copper123 said: OMG what a retail price - it is a scarce coin but not worth much more than seventy pounds 19 hours ago, Peckris 2 said: Never mind. If you're hard up, you can always afford a 1902 Crown in F for a mere £250 https://www.royalmint.com/our-coins/ranges/historic-coins/historic-crowns/hisx160/ RM must be making a hefty profit from buying at 50 and selling at 250. Maybe they are charging 200 for authentication😅. Quote
copper123 Posted March 28, 2022 Posted March 28, 2022 1 hour ago, Bruce said: RM must be making a hefty profit from buying at 50 and selling at 250. Maybe they are charging 200 for authentication😅. The coin has a lamination fault as well , but to be honest I would say its good fine .... Quote
Peckris 2 Posted March 28, 2022 Posted March 28, 2022 3 hours ago, copper123 said: The coin has a lamination fault as well , but to be honest I would say its good fine .... They do say "minimum Fine", but no guarantee that the coin in the photo will be supplied! Quote
copper123 Posted March 28, 2022 Posted March 28, 2022 Oh they bought a few hundred then - how many mugs do they think are out there? They might have been better off with 1967 pennies - the amount they would have to lay out would be a lot less after all The London mint keeps on going doesn't it Quote
Peckris 2 Posted March 29, 2022 Posted March 29, 2022 23 hours ago, copper123 said: Oh they bought a few hundred then - how many mugs do they think are out there? They might have been better off with 1967 pennies - the amount they would have to lay out would be a lot less after all The London mint keeps on going doesn't it "Yours for only £19.67 - a special celebration price" Quote
Bruce Posted March 29, 2022 Posted March 29, 2022 On 3/29/2022 at 5:18 AM, Peckris 2 said: They do say "minimum Fine", but no guarantee that the coin in the photo will be supplied! Years ago, i have asked them for pictures of actual coin selling. They declined to do so, and said if you think the quality is not up to standard, you can return in 7 or 14 days which i can't remember the exact days. I think they are having below par sales standard for such a big organization. 2 Quote
david.bordeaux Posted January 7, 2023 Author Posted January 7, 2023 Someone seems to have bought the 1906 florin at £942 (status has changed to "awaiting stock"). Same for this 1904 at a mere £775. 1 2 Quote
Bruce Posted January 7, 2023 Posted January 7, 2023 Even though it is MS63 (unsure whether it worth that grade), it is still ridiculously steep in price. 1 Quote
1949threepence Posted January 8, 2023 Posted January 8, 2023 7 hours ago, Bruce said: Even though it is MS63 (unsure whether it worth that grade), it is still ridiculously steep in price. 100% agreed. It doesn't look MS63. It just looks a scruffy mess. As you say, ridiculously overpriced. 1 1 Quote
blakeyboy Posted January 8, 2023 Posted January 8, 2023 (edited) With the reduction in birthrates, there is now one born every 96 seconds... Never underestimate how stupid people can be, and how led-by-the-nose. Last month my old mate asked me why he saw so many stupid people about. I pointed out that, all things being even, ignoring things like the 'brain 'drain' to the cities, the IQ distribution curve is centred on 100, and for every person he knew whose IQ is 120, he will meet one whose IQ is 80. So, for the ten or so of us in this thread, there are ten people, also into coins, who are finding the RM coins appealing..... Edited January 8, 2023 by blakeyboy speling 3 Quote
Silverlocks Posted March 7, 2023 Posted March 7, 2023 On 1/8/2023 at 11:15 AM, blakeyboy said: With the reduction in birthrates, there is now one born every 96 seconds... Never underestimate how stupid people can be, and how led-by-the-nose. Last month my old mate asked me why he saw so many stupid people about. I pointed out that, all things being even, ignoring things like the 'brain 'drain' to the cities, the IQ distribution curve is centred on 100, and for every person he knew whose IQ is 120, he will meet one whose IQ is 80. So, for the ten or so of us in this thread, there are ten people, also into coins, who are finding the RM coins appealing..... There's a saying that goes: Think how dumb the average person is. Now, remember, half the people are dumber than that. 1 Quote
Peckris 2 Posted March 8, 2023 Posted March 8, 2023 12 hours ago, Silverlocks said: There's a saying that goes: Think how dumb the average person is. Now, remember, half the people are dumber than that. Tsk tsk - you really need to brush up on your 'averages'!! Quote
Silverlocks Posted March 8, 2023 Posted March 8, 2023 6 minutes ago, Peckris 2 said: Tsk tsk - you really need to brush up on your 'averages'!! The distribution isn't skewed as far as I'm aware. 1 Quote
david.bordeaux Posted October 7, 2023 Author Posted October 7, 2023 Newly listed, a 1951 crown (complete with a shabby ink-stained cardboard case) for just 250 pounds plus postage. Rush before someone snaps it up! 3 Quote
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