Royal Mint Rip-Off, My Counter Rant

in #dtube6 years ago


This is not about The Royal Mint ripping you off, it’s about them getting you to HATE GOLD and swap it for Fiat fake money!


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Cheeky Spink!

Maybe their angle is that back then you didn't pay wacky premiums on NEWLY minted sovereigns, because it really was just money? Not that old rare coins are a rip-off.

Nowadays, the Royal Mint pre-taxes your good decisions by taking an extra £250 off whatever the coin appreciates right out the gate. Isn't that a fair assessment?

They want a slice of the secondary market before it's even become secondary.

Upvoted & Resteemed, because reasons!

You could be right.
I'd just turn to a much more reasonably price bullion coin and there are plenty to choose from.