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Experience With Royal Mint Collector Services?

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Pillar of the Community
United Kingdom
604 Posts
 Posted 05/05/2021  09:13 am  Show Profile   Bookmark this reply Add Hogarth to your friends list Get a Link to this Reply
hwilkinson, all Royal Mint coins, 'historic' or otherwise, are being offered at prices many times greater than actual market value and what any experienced collector would be willing to pay. I would strongly advise you look elsewhere for your coins. Here, for comparison, are a selection of 1551 crowns sold in recent years through London Coin Auctions:https://www.londoncoins.co.uk/?page...searchtype=1 Your recent disappointing experience will have also taught you that the grade of a coin you're likely to receive from the RM will fall far short of the one they've used for illustration.
Edited by Hogarth
05/05/2021 09:20 am
Valued Member
United Kingdom
60 Posts
 Posted 05/05/2021  10:03 am  Show Profile   Bookmark this reply Add hwilkinson to your friends list Get a Link to this Reply
@Hogarth, wow, The Royal Mint really is way overpriced for all of their coins. Next time I will purchase from somewhere else.
Pillar of the Community
United Kingdom
652 Posts
 Posted 05/05/2021  1:24 pm  Show Profile   Check PaddyB's eBay Listings Bookmark this reply Add PaddyB to your friends list Get a Link to this Reply
@Saxon - I am in North Devon and I do markets in Barnstaple and South Molton if you (or any other coin collector) are down this way. PM me if you need more info.
Valued Member
United Kingdom
482 Posts
 Posted 05/14/2021  06:27 am  Show Profile   Bookmark this reply Add zookeeperz to your friends list Get a Link to this Reply
The Royal Mint are simply using their Heritage position rather like a Bank does with your money. But just because it says something on the outside doesn't mean the practices on the inside are ethical . TRM are nothing more than greedy exploiters using their massive market place influence to dupe joe public. Do not buy anything from them 9/10 you will lose value on your purchase. Just 1 example of many. Paddington bear silver proof 50p 65 was the buying price for those when they launched. I have seen them @ buy now 14. It's a modern piece of Silver in the thousands and will never be rare. All those gimmicky novel storyline coins unless they hit lucky with collectors are worth the value of the metal and nothing more IMO. I can't wait to hear all the cry babies start hissing and spitting when in a few years that Over hyped un rare 200 kew gardens 50p plummets in value like a stone.

Their historical side is by far the worse. It really is tant amount to fraud. Grossly over graded coins and even more grossly over priced .
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