New 2014 Proof Britannia is an absolute beauty

yrh0413 said:
However for the 5oz the mintage jump from 600 to 1,350, and this was not mentioned anywhere on their website.

They can package the coins in limited presentation packaging, or in a mint roll for all I care, but maximum mintage to me only means the maximum number of coins struck regardless of how you present it. Just like Perth Mint kooks, carded or non carded they all form part of their 300,000 mintage.

Now Royal Mint shows 60% sold for the 5oz... But they still have the remaining half of its total mintage still in their inventory...
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Agree totally with you.
Max is max. Give the figure which includes all types of presentations.
As i said before, they did do it correctly at first. For a few days the specs page gave 1350 as max.
Then they amended this to the 600 a few days later.
It seems an odd decision, to edit that. They must know they can be pulled up for it, if they were consciously misleading.
This is what makes me think they have in fact decided to limit it to 600, after all. And not option the extra 750 as the coa says.

We'll wait with interest to hear what mmissinglink gets back from them.
 
then I would much prefer they re-issue a revised COA to all buyers or perhaps put up a note on their website. With COA stating higher mintage I am leaning towards believing the COA is right and Royal Mint's website is wrong.
 
Hey all,

After reading this thread, I placed an order for two 5oz Britannia's. The next day I received an email from RM Credit Control. They said due to the high value of my first order I need to pay by bank deposit rather than credit card. :(

Has anyone else ran into this issue before? I'm in Aus so I need to do an international fund transfer which has a fee.
 
monk1 said:
Hey all,

After reading this thread, I placed an order for two 5oz Britannia's. The next day I received an email from RM Credit Control. They said due to the high value of my first order I need to pay by bank deposit rather than credit card. :(

Has anyone else ran into this issue before? I'm in Aus so I need to do an international fund transfer which has a fee.
Click to expand...

Sounds suspicious. Never heard of anything like that!
 
never have this issue, but the most expensive stuff I bought from Royal Mint is a single 5oz proof Britannia :D

Maybe they have credit control on orders exceeding GBP500... not sure.
 
I received the following reply:

- - - - - - - - - - - - - - - - - - - - - - - - -


Thank you for your email

Please accept my sincere apologies for the online print error.

The Maximum Coin Mintage for this coin is 1350. The Limited Edition Presentation is 600.

I have contacted the web department to update their information immediately.

Kind Regards

Jane Clark
Customer Services

- - - - - - - - - - - - - - - - - - - - - - - - -


This is actually not only a disappointing response, but disappointing news for those who were led to believe that the max coin mintage is 600.

I am going to respond with another complaint to the RM.

For those who also want to lodge a complaint, you should e-mail your complaint here to Royal Mint Customer Services: [email protected]



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I follow this topic cause i had my eye on the 5 oz brit but this is outrageous 600 to 1350 is more than double for such a exclusive coin to make a mistake? like that is to much all confidence is gone still i like the coin a lot but these practices from this mint are unforgivable .
 
I think it is the inconsistency and lack of close control on the information put up on their website. They did announce the true maximum mintage for the 1oz proof Britannia, and clearly stated 2,500 in limited presentation packaging.

But they never report the same set of information on their 5oz. To be honest I would have waited a bit more until exchange rate is in my favor (SGD/GBP) but I was blinded with the temptation to own 1 out of 600. To me 600 is an extremely small number.

Now 1 out of 1,350... that's totally different story. Oh well I got nothing to complain; I know I will still buy one even if Royal Mint stats 1,350 as maximum mintage since day 1.
 
While I understand the sentiment that a coin buyer will not complain to the Royal Mint of the misleading (whether deliberate or not) figure of 600 vs 1,350, I am beginning to feel more duped than simply the recipient of a coin that is less than twice as scarce as I initially was led to believe. Modern coin mintages below 1,000 pieces is an unstated scarcity threshold for some coin collectors...one of them being me.

No question in my mind that this coin is an awesome design and it is a spectacularly produced coin...my contention is that I pulled the trigger on paying the high cost of this coin because I believed I was getting a coin whose maximum mintage is a mere 600. Now to learn that it's possible that more than double this figure could be minted is a disappointment to me and certainly will affect my purchasing decisions of Royal Mint products in the future.




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We questioned that at the time of release and was told the difference was for International First Strike editions. Their initial press release was accurate and we did report the 5oz at 600 from 1350 overall on the day of release, so they've not tried to hide anything. It could have been better handled on their own website, however.
 
I was disappointed to see that possible mintage as well. Had I understood the true mintage I likely would have instead put my money towards another 2013 1 Kilo Proof-like Libertad (mintage 400), one of the 2014 Libertad silver proof sets , or tried to get one of the lower mintage 2 or 5 oz silver proof libertads.

Cheers,
Luker
 
AgAuNEWS said:
We questioned that at the time of release and was told the difference was for International First Strike editions. Their initial press release was accurate and we did report the 5oz at 600 from 1350 overall on the day of release, so they've not tried to hide anything. It could have been better handled on their own website, however.
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I find it a bit strange if the 750 yet to be made available are for international first strike.
The 600 issue are numbered 001-600 on the coa's.
But they are technically coin numbers 751-1350 in terms of minting order?
There will be some complaints about that, i'm guessing.
 
$_57.JPG

Source: http://www.ebay.com/itm/The-Britann...28339?pt=US_Bullion_Coins&hash=item4185c92d73

OMG!! This eBay seller has the sexiest 5oz proof Britannia photo! Whether mintage is 600 or 1,350 I would be proud to own one! :D :cool:
 
I was one who was fooled into purchasing last year's proof 5 oz by the RM website mintage limits in this "exclusive presentation" or whatever vs a real mintage limit. I even called customer service to get the true mintage limit and they either lied or were confused themselves. This year, I knew the number of 600 was going to be a lie but the relatively small limit of 1350 posted elsewhere tipped the balance in favor of this coin.

BTW, I saw this listing on ebay, item 331231429935, for last years 5oz coin in NGC69 "First Release" that sold for $429 (!). Tracing the cert # to the NGC population report shows:

PF69UC - 2087
PF70UC - 1239

Total Graded: 3326

If you add the 1150 (I think that was the OGP limit from last year) to 3326 you get about 4500 which is probably the true mintage limit. I suspect govmint.com is holding on to these and probably will get the first 750 of the 2014s as well.

Since I am not particularly a fan of the exclusive packaging in future I will wait a year or so and pick these up as PF69 or PF70 on ebay for less than the issue price.
 
AgAuNEWS said:
We questioned that at the time of release and was told the difference was for International First Strike editions. Their initial press release was accurate and we did report the 5oz at 600 from 1350 overall on the day of release, so they've not tried to hide anything. It could have been better handled on their own website, however.
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What exactly does "International First Strike editions" mean? I've never heard of a mint putting aside more than half it's allotted maximum mintage to be used in packaging which states "First Strike" or something similar. Has anyone else heard of something like that??


EDIT: I just saw madronya's post now. So, the RM has made a batch of 750 coins exclusively for some private company to purchase? At some discount to that firm apparently. I wish I would have known this.



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madronya you are absolutely right!

For the 2013 5oz Britannia proof, Royal Mint advertised on their website (http://www.royalmint.com/shop/2013_...e_Ounce_Coin?tab=specification#productdetails) that the maximum mintage was 1,150. But on my COA it was stated maximum mintage 6,150

And on NGC census, somehow there was a large batch of 2013 5oz proof Britannias being graded PF69 and PF70.
14783882410_2d4e9c56df_b.jpg

You do the math: 3,326 in NGC census as "First Release", and 1,150 in limited presentation packaging. Total 4,476 out of its maximum mintage of 6,150.

And here is the interesting part, for 2014 5oz proof Britannia, limited presentation packaging of 600, with maximum mintage of 1,350. So where are the remaining 750 coins?
14783985577_0410e93ac2_b.jpg

HERE YOU GO! 750 coins in NGC census!! :mad: :mad: :mad:

This is disgusting!
 
The question is, does the RM own these graded coins or did they sell the coins in advance to some private company who immediately sent them for grading?



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mmissinglink said:
What exactly does "International First Strike editions" mean? I've never heard of a mint putting aside more than half it's allotted maximum mintage to be used in packaging which states "First Strike" or something similar. Has anyone else heard of something like that??
Click to expand...

Now I am crystal clear on what Royal Mint has been doing all this while. I remember 2013 Royal Birth coin (classic St George and the Dragon in proof strike), there were abundant of "One of out first 2,500 struck". All the while I thought those were fake ones as my COA was different (I have the limited presentation packaging version without the numbered COA).

And behold... Royal Mint even produced a "First Strike" COA!
$_57.JPG

Source: http://www.ebay.com/itm/2013-THE-RO...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
 
mmissinglink said:
The question is, does the RM own these graded coins or did they sell the coins in advance to some private company who immediately sent them for grading?
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pretty obvious don't you think? Why would a government mint endorse NGC, and sell their products as graded?

By the way to answer my previous reply... this is my 2013 Royal Birth coin that comes with the limited presentation packaging.
Notice the lack of "First Strike" and not numbered COA?
9621636297_69b7ea75dc_b.jpg
 
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