Britannia 2016

Discussion in 'Silver Coins' started by jazzy988, Jul 1, 2016.

  1. jazzy988

    jazzy988 Member

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    The Royal Mint Britannia 2016 coins are out. Nice design. Bold. Well balanced.
     
  2. worldbubble

    worldbubble Active Member

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    with milk spots and scars on Queen's face?
     
  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  4. Stark

    Stark Active Member Silver Stacker

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    Looks like we will need to wait for the "Brexit" edition until next year.:p

    Better than previous one (which it seems is still not sold out), but not sure if I would buy it.
     
  5. mtforpar

    mtforpar Member

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    It is a nice coin but it is just too painful for me to buy one only to find out I have a milk spot special worth spot. I would rather wait and let the spots come out and buy a few years later when I can have a better evaluation of the coins spot disposition. There is nothing worse than picking a winner and going to look at your prize a few years later to find a spot riddled mess.
     
  6. Altima

    Altima Well-Known Member Silver Stacker

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    Think the winner is the 2014 one. The rest seems to be languishing on the secondary market.
     
  7. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Well said....
    The Britannia can be full of milkspot
     
  8. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    That's the Pirate Edition , Hurry don't miss this one

    Think there is a parrot there too
     
  9. mmissinglink

    mmissinglink Active Member

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    The mints will need to swallow the hard pill of realizing that if they don't get their production act together to resolve the milk spotting issue, they are going to be spending a lot of money on producing otherwise lovely numismatic coins that few people are willing to risk buying in fear of the dreaded milk spots.


    Royal Mint representative, if you are reading this let it be known that the lack of addressing this issue by the Royal Mint is your own worst enemy.



    .
     
  10. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Do you think they Cares???

    I see so many mint have these sort of issues, none of them bother to rectified problems
     
  11. mmissinglink

    mmissinglink Active Member

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    My guess is that if it affects their profits, they may care. If the mints are made aware that more or many collectors are not buying some of their high premium coins because some of these coins are prone to spotting, then maybe they will address the issue in a serious manner. The mints need an incentive.....low profits may just be the incentive that could work.

    The RCM will not change their production methods of their bullion silver Maple Leafs because even though many are prone to spotting, they still sell tens of millions of them every year....there's no incentive there for them to change the way they make them.




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  12. mtforpar

    mtforpar Member

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    In the case of a bullion coin like the maple the premium to spot is not so catastrophic to lose. It still makes me sick but I might lose like 5% of the value of the coin. In the case of a coin that is 2, 3, 5 or more times spot there is a great deal of risk and I am just not doing it any longer upon issuance. I have been burned too many times.
     
  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I'll have to dig out my 2014 5oz Britannia to see how much worse it has become since last year. It was a milky spotty mess at that time.
     
  14. mmissinglink

    mmissinglink Active Member

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    You need to keep it in a near vacuum....I hear outer space is cheap.....it's just the asteroids that you may have to worry about. :D



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  15. barsenault

    barsenault Well-Known Member

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    That is so unfortunate. I had no idea that those things had white spot problems. I'm so happy I never bought any. They really are one of the prettiest of all Numi coins, but what does it matter, if eventually they get white spots?

    it may be that one day we'll all be buying eagles and maples, and bypassing the kooks and lunars, unless of course they correct the problem or if the problem persist, they lower the premium to that of maples and Eagles (in this case, it doesn't matter if they get spots). Or we protest and not buy the coins at such a high premium. You vote with your wallet. As long as folks continue to buy, they will continue to mint with all the problems.
     
  16. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I just pulled my 2014 Britannia out of storage but I don't have the macro lens I used before so I can't pick up the spotting. Here's the pics I took just now. It is undisputedly a classic design and it may be a long long time before it is equalled.

    [​IMG]

    [​IMG]

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    [​IMG]



    I did make a belated discovery today. The presentation box insert has magnets embedded in the wood frame and stands firmly at an angle on any metallic surface:

    [​IMG]

    [​IMG]
     
  17. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    These are pics from last year when someone lent me a macro lens. Milkspot horror:


    [​IMG]

    [​IMG]

    [​IMG]
     
  18. barsenault

    barsenault Well-Known Member

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    OMG!!! You have to be kidding me silverpete. That is horrendous. The RCM should be ashamed of themselves for producing a masterpiece, only to have it ruined by 'a marker' scribbled on the canvas. Very sad indeed. That gal is simply gorgeous!! But I can't believe those milkspots. I will never buy a collectible from them, no matter how beautiful, unless it comes with a life-time guarantee against spotting.
     
  19. jazzy988

    jazzy988 Member

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    If you like the design but don't want the milk spots, get the gold coins....
     
  20. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Many people have been unhappy with this coin, especially since the design is so exceptional. What an absolute pity.
     

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