Recently took a trip to llantrisant mint Wales done the mint tour. I purchased several fine silver £20 coins which were only able to purchase at the mint shop. Removed one of the coins out of its presentation booklet on closer inspection the coin was off centre outer edging extremely sharp and discoloured informed the mint of find immediately incase of injury Via email, social media to be ignored for 6 weeks their response in email : send them back No attachment return slip or ref numbers. Obviously someone has turned a blind eye knowing most coins never get taken out of presentation packs!
I'm sorry, but I'm having trouble following what the issue is? I got lost around here "the coin was off centre outer edging extremely sharp and discoloured" I'm not quite sure what you're meaning.
Paddyman98 I have to disagree it is major the coin in question is legal tender so obviously meant to be used for purchases! if it's nothing major why aren't all coins in circulation sharp enough to cause injury ?
If you think it’s a “major error” which can cause injury then report it to HSE but in the Numismatics world it’s not a major error, same as finding an grease filled die in penny’s in the U.S. . These bullion coins are known for their poor rimming/edges and has been a problem, blame the bad quality control which they have not fixed for years.
Blackbeard I did contact Royal Mint immediately also through social media etc advising that they should make others aware of coin incase of injury only to be ignored for 6 weeks. I've also been in contact with national media outlets who were very intrigued that's until they contacted RM then Silence no further response, contact. I've been informed in confidence that it happens regular due to coins being mostly collectors item unopened due to devalue kept in presentation pack/booklet and stored away lots of errors go un noticed.
@Nicola since you won't believe anyone here, may I suggest that you stick to your social media experts and quit wasting everyone's time, here. Chris
I dont understand how a minor error is so dangerous. Have you ever felt the rims of a proof? And whats all this about legal tender?
Being legal tender has NOTHING to do with being meant to be used for purchases. It means, in theory, that they MAY be used to make purchases, but believe me they have NO intention of these coins ever being used in circulation as money. In fact the banks have been informed that any coins larger than 2 pounds won't be accepted for redemption. So even though they are "legal tender" there is a good chance that if you tried to deposit one at the bank it would be refused. Silver is a softer metal that that used for circulation coins, and since this coin is actually intended for collectors it has been struck at a higher pressure than the would have for circulation strikes resulting in the metal being squeezed up into a "fin" around the outer edge between the collar and the die face. This is not too unusual on high fineness silver and gold coins.
Similar how the Coinage Act of 1965 made all US coinage legal for use, even though I don't think Starbucks would accept a half cent. And you're right with the legal tender, another way to put it: no matter what the value of the metal is, even if silver for some reason goes to lets say £2 an ounce the coin is still worth £20 due to the assured value.