RAM could learn a lot from RM

[Fulvio]

Just received this in an email from the Royal Mint. With every new contact, I'm becoming more and more impressed with them and how they do things, and less impressed with our own pack of profiteering *****.

As a valued Royal Mint customer, you were recently given the opportunity to purchase coins from The Sovereign 2014 Gold Collection.

Since writing to you, and as part of our commitment to bringing you the best value for money, we have reduced our flagship gold Proof coins in line with the fluctuating market conditions on gold prices. As you have not yet placed an order you can now benefit from these fantastic SAVINGS OF UP TO £300* on the following Sovereign 2014 Gold Proof coins:

• The Sovereign 2014 Five-Coin Set NOW £3,300 SAVE £300*
• The Sovereign 2014 Three-Coin Premium Set NOW £1,300 SAVE £200
• The Sovereign 2014 Three-Coin Set NOW £625 SAVE £125
• The Sovereign 2014 NOW £390 SAVE £60
• The Half-Sovereign 2014 NOW £195 SAVE £30
• The Quarter-Sovereign 2014 NOW £110 SAVE £5

[nealeffendi]

Just received this in an email from the Royal Mint. With every new contact, I'm becoming more and more impressed with them and how they do things, and less impressed with our own pack of profiteering *****.

As a valued Royal Mint customer, you were recently given the opportunity to purchase coins from The Sovereign 2014 Gold Collection.

Since writing to you, and as part of our commitment to bringing you the best value for money, we have reduced our flagship gold Proof coins in line with the fluctuating market conditions on gold prices. As you have not yet placed an order you can now benefit from these fantastic SAVINGS OF UP TO £300* on the following Sovereign 2014 Gold Proof coins:

• The Sovereign 2014 Five-Coin Set NOW £3,300 SAVE £300*
• The Sovereign 2014 Three-Coin Premium Set NOW £1,300 SAVE £200
• The Sovereign 2014 Three-Coin Set NOW £625 SAVE £125
• The Sovereign 2014 NOW £390 SAVE £60
• The Half-Sovereign 2014 NOW £195 SAVE £30
• The Quarter-Sovereign 2014 NOW £110 SAVE £5

I'm not impressed, 390 pounds is close on 700 dollars for under 1/4 ounce of gold. that is a 100% mark up. I can get 100 year old MS slabbed sovs for less than $100 over melt. Same mint and more history.
Yes, they might be proof strike quality, but that wouldn't add a fiver to the cost of production.

[Fulvio]

Yes, they might be proof strike quality, but that wouldn't add a fiver to the cost of production.

There isn't a collector coin in the world that's fairly priced. The whole point of them is to make money, and lots of it.

I'm not saying RM overcharge any less than RAM or PM or any other mint. I'm saying that relatively speaking, they have a much classier act than our mob.