New 2014 Proof Britannia is an absolute beauty
- Thread starter AgAuNEWS
- Start date
mmissinglink
Active Member
yrh0413 said:
If the 2015 coins you received look terrible as you claim, why are you putting them in your safe...why not return them?
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jazzy988 said:
Same thing happened to me. Both 2013 and 2014 5oz proof Brit has milk spots straight out from the mint packaging. 3 returns for 2013, 1 return for 2014.
Surprisingly zero spots for 2015!
And from the finishing looks like it is from the initial production run (nice and sharp edges). My 2014 5oz 1st copy was decent (although with spots), but its replacement has some "wear" on the corners.... clear sign of the die wearing off.
Gatito Bandito
Active Member
SilverPete said:
With the Royal Mint having learned that T&A moves product, rumor has it that the 2016 Britannia will feature ample cleavage..
mmissinglink
Active Member
yrh0413 said:
Perhaps, since 2014, due to RM customers who'd purchased the 5 oz Britannia proof and consequently made complaints to their customer service, the mint actually changed their protocol or finishing or QC or all 3. The fact that the design of the 2015 proof was not appealing to me in the least and knowing full well that the RM is capable of producing a far better design, is the reason I will not buy the 2015.
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mmissinglink
Active Member
Silverpv said:
There are two types of designations for NGC graded 2014 5 oz proof Britannia's:
1) "Numbered First Struck"
2) standard designation
The "Numbered First Struck" designation is the best designation from any of the TPG companies, in my opinion. You can read more about the various NGC designations here: http://www.ngccoin.com/coin-grading/scale-designations/other.aspx
If the slabbed coin you have does not state "Numbered First Struck" then it is a standard designation...which, being that it's 70, is still superb. We don't know how many dies were used to mint these 5 oz coins, but if only 1 set then with great likelihood, the "Numbered First Struck" coins will have a more crisp strike than those minted later in the run. Dies wear down and wear out....especially those used for proof high relief products....the difference may not be readily noticeable to the naked eye but common sense tells us it is there - to what degree depends on the number of die changes or if changed at all.
Being that the slabbed coin you have says that it's one of the first 750, then with near certainty, you have a "Numbered First Struck" PF70 coin...which is the highest possible grade and designation. It's the cream of the crop (creme de la creme!). You may be able to get a replacement COA from NGC...it can't hurt to ask what is their policy on that.
Big congrats on your amazing purchase! The 2014 5 oz proof Britannia is a favorite with quite a few stackers and collectors.
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mmissinglink
Active Member
Silverpv said:
If it's slabbed, then there's no reason to believe that the RM will create a duplicate numbered COA for you...that just won't happen.
I wouldn't worry that you don't have a COA but if you are concerned you should ask the seller why there's no COA. You can do a cert look-up on NGC's website for further verification. You can contact the RM but I think it will end up being a waste of your time.
It is technically very, very difficult to create a large, high relief, proof fake of such a coin which actually looks convincing and measures and weighs correctly and secured inside an intact fatty slab with appropriate looking NGC labels. The odds that you have a fake is probably very low to zero.
It's far more likely that you just got very, very lucky if you got it for under USD $1,500.
Post pics please.
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I asked the seller about it and he kept reiterating it was slabbed and therefor genuine. I'm going to take it to my authorized NGC dealer just to be sure. I also wonder if there are any known cases of these spotting. I'm so worried about that on such a high dollar piece it sucks. The COA I didn't think was that big a deal, but to some it might be. I took the risk of buying just the coin in the slab. It's my largest premium silver purchase / oz, but at the price I couldn't refuse. I just want to make sure its legit. The 5oz is so beautiful!
I will post pics once I receive it. Thanks for the info.
I bought mine late as well and overpaid it. Well at least based on the initial price. I was looking quite some time to get another one. I was offered at least 3 for sale, that had milkspots. I hope mine won't develop them. Pretty lame for such an amazing coin with big premium.
mmissinglink
Active Member
Silverpv said:
Can you post pics? How bad are the spots?
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