Britannia 2016
- Thread starter jazzy988
- Start date
worldbubble
Active Member
with milk spots and scars on Queen's face?
Given the tragic spotting on recent ones, I think people are too scared to order these.
Source: http://www.royalmint.com/our-coins/ranges/britannia
Source: http://www.royalmint.com/our-coins/ranges/britannia
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.
Golden ChipMunk
Well-Known Member
mtforpar said:
Well said....
The Britannia can be full of milkspot
Golden ChipMunk
Well-Known Member
worldbubble said:
That's the Pirate Edition , Hurry don't miss this one
Think there is a parrot there too
mmissinglink
Active Member
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.
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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.
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Golden ChipMunk
Well-Known Member
mmissinglink said:
Do you think they Cares???
I see so many mint have these sort of issues, none of them bother to rectified problems
mmissinglink
Active Member
Golden ChipMunk said:
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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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.
mmissinglink
Active Member
SilverPete said:
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.
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barsenault
Well-Known Member
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.
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.
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.
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:
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:
barsenault
Well-Known Member
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.