Author Topic: Alphabet series  (Read 2913 times)

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Online quaziright

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Re: Alphabet series
« Reply #75 on: March 02, 2018, 01:15:40 PM »
Why would Indian buyers not pay vat if other international buyers would indeed have to pay full price? It came up to £52 plus £12.5shipping to Canada. Have you ordered from the royal mint and received such a discount before?

Oh I must apologize. I just checked the receipt and indeed paid £43.42. With shipping it’s £55.92

Offline Bimat

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Alphabet series
« Reply #76 on: March 02, 2018, 01:25:52 PM »
Why would Indian buyers not pay vat if other international buyers would indeed have to pay full price? It came up to £52 plus £12.5shipping to Canada. Have you ordered from the royal mint and received such a discount before?

I have never ordered anything directly from RM, but we definitely don't have to pay VAT.

Couple of years back, I was surfing on the RM website and I added some £5 for £5 coins to my basket. Then I noticed that they had deducted the VAT amount from the selling price and showed price of less than £5 for the £5 coin. :D I didn't go ahead as I wasn't really interested in those, but I guess that alerted the RM staff and they rectified the glitch few days later.

Aditya
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Offline FosseWay

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Re: Alphabet series
« Reply #77 on: March 02, 2018, 04:16:20 PM »
VAT is an internal EU thing. If you are a visitor to the EU and buy stuff for export you can often get the VAT removed or refunded. Conversely, you can be liable for VAT on items brought into the EU from outside. The Swedish customs service has started clamping down on goods ordered from China for this reason.

Offline eurocoin

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Re: Alphabet series
« Reply #78 on: March 02, 2018, 04:47:53 PM »
Product range:

Early strike uncirculated - Plastic ziplock bag - 2 pounds (available at The Royal Mint)
Early strike uncirculated - Plastic packaging - 4 pounds (available at Crown Post Offices) These are being sold as BU although they are not!
Silver proof - Capsule inside of a bit of cardboard - 35 pounds (available at The Royal Mint and the Crown Post Offices)

Mintage of all of these is unlimited. So far The Royal Mint has minted 100,000 pieces of each coin for circulation, these will be released into circulation by the Crown Post Offices only from March 5. They will not be sent to the cash centres.

There are also name frames, acryllic blocks and collectors folders available to store the coins in.

Offline Alan71

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Re: Alphabet series
« Reply #79 on: March 03, 2018, 09:53:55 AM »
Ah, “so far”... that means these coins probably won’t end up being that rare then...

eurocoin, I just want to say thanks for posting this all those weeks ago.  I certainly couldn’t find it anywhere else on the web prior to Thursday.  There may have been some initial doubters on here, but everything you told us has come to fruition.  Even the timing - you said it would be announced in March, and sure enough, 1 March it was!

Offline eurocoin

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Re: Alphabet series
« Reply #80 on: March 03, 2018, 03:48:41 PM »
Ah, “so far”... that means these coins probably won’t end up being that rare then...

Let's wait and see.

eurocoin, I just want to say thanks for posting this all those weeks ago.  I certainly couldn’t find it anywhere else on the web prior to Thursday.  There may have been some initial doubters on here, but everything you told us has come to fruition.  Even the timing - you said it would be announced in March, and sure enough, 1 March it was!

I am glad to have been able to put some nice news on here.

I had hoped to have also been able to show all of the designs here first. Although it could definitely have succeeded to obtain the designs for WoC on February 27 already, I was diplomatical in my conversations with the mint due to which it unfortunately didn't.
« Last Edit: March 03, 2018, 04:11:43 PM by eurocoin »

Offline Bimat

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Alphabet series
« Reply #81 on: March 03, 2018, 04:33:20 PM »
If the mintage is indeed going to be unlimited, then I don't think it's wise to spend £52 for the set right now (It's unjustifiable even if the mintage is limited to 100,000). I'll just wait to see more coins in circulation in next few months...

Aditya
You don't need a parachute to skydive. You need a parachute to skydive twice.

Offline eurocoin

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Re: Alphabet series
« Reply #82 on: March 03, 2018, 04:45:06 PM »
Keep in mind that the more of these coins people find in circulation, the fewer they will buy from the Mint to be able to complete their set. And as the mint only earns money on the ones they sell, I expect mintage for circulation to remain (fairly) low. Although the early strike ones are unlimited (they of course have to stop minting at December 31), I can not see millions of these being sold from the post offices and The Royal Mint website. Therefore I think eventually it will be a quite good buy. Sets are currently already selling at a profit on eBay. I am considering to buy a set of these, which would be my first ever purchase from The Royal Mint.

Offline redlock

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Re: Alphabet series
« Reply #83 on: March 04, 2018, 10:01:28 AM »
Keep in mind that the more of these coins people find in circulation, the fewer they will buy from the Mint to be able to complete their set. And as the mint only earns money on the ones they sell, I expect mintage for circulation to remain (fairly) low.

The mint only needs to make two, three or four of the 26 coins really rare to sell the sets.  ;)

Offline eurocoin

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Re: Alphabet series
« Reply #84 on: March 04, 2018, 01:15:12 PM »
An acquiantance pointed out the wording on their website on the page of the Silver Proof ones: "Made in the UK and certified by The Royal Mint". Does this leave an option (some of) these were minted at Pobjoy, Tower or Commonwealth Mint?

Offline eurocoin

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Re: Alphabet series
« Reply #85 on: March 09, 2018, 02:46:43 PM »
The post offices will receive mixed bags each containing both standard 10p coins as well as a few alphabet 10p coins. They have been ordered to "help collectors collect them" and although not all crown post offices have the mixed bags in yet, a visit to the nearest crown post office may be worthwile for our British members  ;)

Online quaziright

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Re: Alphabet series
« Reply #86 on: March 10, 2018, 01:08:08 AM »
I got a message from the RM that my order has been delayed and I’ll get it by the end of the month

Offline augsburger

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Re: Alphabet series
« Reply #87 on: March 26, 2018, 04:46:07 PM »
The mint is getting really good at stoking the fire.

They release figures that are rather vague. There might be 100,000 of these coins released. That could be 100,000 of all of them, of 100,000 of each of them, you don't know. It might just be the beginning, it might be the end. It's designed to strike fear into the hearts of people that they could, potentially, miss out on making a killing, or maybe miss out of spending way too much money on shell tokens with the queen's head on one side.

Offline kena

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Re: Alphabet series
« Reply #88 on: March 26, 2018, 05:27:44 PM »
Some of think that the FAQ's regarding these coins have changed over time.

https://www.royalmint.com/coinhunt/faqs/

What is the definition of Early Strike?
The Early Strike AtoZ 10p's are the first 500,000 struck of each letter.

How many coins are being made?
To date more than 2.6 million circulating 10p coins have been struck across the 26 designs and additional volumes will continue to be struck in line with UK demand

Any idea of the die life for UK 10 pence coin?

Offline andyg

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Re: Alphabet series
« Reply #89 on: March 26, 2018, 07:08:19 PM »
Some of think that the FAQ's regarding these coins have changed over time.

https://www.royalmint.com/coinhunt/faqs/

What is the definition of Early Strike?
The Early Strike AtoZ 10p's are the first 500,000 struck of each letter.

How many coins are being made?
To date more than 2.6 million circulating 10p coins have been struck across the 26 designs and additional volumes will continue to be struck in line with UK demand

Any idea of the die life for UK 10 pence coin?

US idea for early strike is the first few strikes from the die - Royal Mint idea for early strike I suspect is the first 500,000 coins - regardless of the state of the die - Much like the differing ideas for BU.
always willing to trade modern UK coins for modern coins from elsewhere....