Outrageous Prices: £20 Coin for £65 or £1.85 Coin for £25 – @royalmint’s Royal Screw-up!

by | Jan 31, 2024 | Inflation Hedge | 5 comments

Outrageous Prices: £20 Coin for £65 or £1.85 Coin for £25 – @royalmint’s Royal Screw-up!




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The Royal Mint has come under fire for its latest offerings – a £20 coin priced at £65 and a £1.85 coin priced at £25. The astronomical prices have left many people scratching their heads and questioning the Mint’s pricing strategy.

The £20 coin, which features a design commemorating the Battle of Britain, was released to mark the 80th anniversary of the historic air campaign. While the coin itself may hold significant value to some collectors, the steep price tag has caused outrage among consumers. The Royal Mint defends the high cost, citing the limited edition nature of the coin and the quality of materials used in its production.

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Similarly, the £1.85 coin, which marks the 75th anniversary of the publication of George Orwell’s novel “Animal Farm,” has also raised eyebrows with its price tag. Many have expressed their frustration at the seeming disparity between the face value of the coin and its selling price, with some calling it an “outrageous” move by the Royal Mint.

The backlash has prompted a wave of criticism on social media, with many questioning the fairness of the Mint’s pricing and calling for more transparency in their pricing strategy. Some have even gone as far as to accuse the Mint of taking advantage of collectors and exploiting the demand for limited edition coins.

In response to the backlash, the Royal Mint has defended its pricing, stating that the cost is reflective of the quality and craftsmanship that goes into producing these commemorative coins. They have also emphasized the limited edition nature of the coins and the potential for them to increase in value over time.

Despite the Mint’s attempts to justify their pricing, many consumers remain unconvinced and continue to express their frustration over what they perceive to be exorbitant prices for commemorative coins.

The controversy surrounding the £20 coin and £1.85 coin has sparked a broader conversation about the accessibility and affordability of commemorative coins, with many calling for greater transparency and fairer pricing from the Royal Mint.

As the debate rages on, it remains to be seen how the Royal Mint will respond to the mounting criticism and whether they will reconsider their pricing strategy in the future. In the meantime, consumers are urged to carefully consider the cost and value of commemorative coins before making a purchase, and to voice their concerns if they feel that their prices are unjustified.

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5 Comments

  1. @ethanhockley2546

    It is more greedy just plain outrageous
    When any coin shop or antique shop sells these coins for 1/5 of the price

  2. @DavidJames-ms6rt

    Lets hope that both seasoned and new collectors do at least some basic homework and realise that the Royal Mint is trying to rip them off. If people don't buy them then the RM will hopefully stop selling them and concentrate on bringing out new and exciting coins and bullion that are worth buying!!!

  3. @asheland_numismatics

    I agree, they need to stick to minting new, innovative coins and stop selling these older ones so insanely overpriced.

  4. @thestackcollector

    You're really not wrong. The prices they put old coins up for really are outrageous.

  5. @dubmechanic

    Well said BYB, imo even better fetch a couple of 1oz silver bullion instead

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