Seriously, do not return the undated 20p coin.
The Royal Mint is not recalling the coins, the London Mint Office is paying £50 for the first 10,000 returned coins. The London Mint Office is an independent company, a wholly owned subsidiary of the Samlerhuset Group (a Norwegian Company) and is in no way connected to the Royal Mint.
The words "London Mint Office" sound official and people wrongly think it is connected to the Royal Mint but it isn’t, it is meant to deceive you!
The London Mint Office will give you £50 for it, but they’ll sell it on for more, they are a coin collecting company!
http://www.undated20p.com/
http://www.londonmintoffice.org/shop/action/magazine/17032/About-Us.html
http://www.royalmint.com/
I think the "London Mint Office" have been done for false advertising before. As you said, it’s a coin dealership, not a "mint" of any sort.
They will pay £50 for your rare 20p… and then sell it on to a collector for an absolutely massive profit. That is what coin dealers do.
People are taken in because "London Mint Office" sounds far more grand and official than "Dave’s Rare Coins".
And 1967 pennies, even in uncirculated condition, are "ten a penny" if you pardon the pun. They probably got a bulk load of them at face value and are making a massive % profit even by "only" charging P+P. Nice little earner really.
Yes I already suspected that and I will not!
OoOoH really? I registered my details on http://www.undated20p.co.uk, will they use my details in a bad way?
they must had taken us for fools!
Right OK – they won’t be getting my 3 coins then – thanks for the information.
Yes – that’s the crowd who are trying to flog us half a million 1967 pennies which they are "decorating" in memory of Britannia being removed from our coinage.
What I’d like to know is where are they going to get enough REAL 1967 pennies from in order to fulfil the expectations of their customers who THINK they’re going to get it just for the price of the p+p. Just wait till all the other unwanted rubbish starts arriving every couple of weeks with the news that it’s a crappy coin but we want £25 for it (plus £6.50 p+p) AND PAYMENT IS DUE YESTERDAY.
I know – I fell for it when they were operating under another name.
Anyone want to buy some rather small "Two Pound Coins" by the way…..
and to add insult to injury – as I write this right now, their advert is just being shown on G.O.L.D. ! ! !
They want what the poor people have, the rich don’t carry 20p coins!
They understand this.
50,000 to 200,000 Max. coins out there. Millions upon millions of people collect coins. They are not poor! Never mind the investment bankers, RICH LISTERS, the elite, Arabs princes, etc…..
These coins have been on recall since they were found 6 months ago all hushed up.
People are still unaware in the UK as to there existence. Talk to the average joe in the street and he is still spending it as 20p. A lot are going and have gone into vending and meter machines. These go to the banks on mass and removed from circulation, destroyed.
They are even scarcer. Rarer than diamonds and gold. What do you think now.
A good investment opportunity? £500, £1000, today and in 6 months, 1 year, when the whole world is aware of the truly scare coin?
Today buy it now on eBay £1 500 000.
YES ONE and a half MILLION POUNDS Sterling.
People are already aware, it just takes time for the word to spread out and we are too late to invest in a sure deal one horse race.
These are better return than anything out there today!!!!!!!!!!!!!!!!!!!!!!!!!!!
The Royal Mint has always been unable or unwilling to clarify exactly how many coins were affected. Their web site states, as it always has done, that an unspecified number of “less than 250,000″ were struck. Obviously at the time of making our offer, some of our financial people were a little concerned about the possibility of paying £50 for each of these. Certain coin dealers were even suggesting that the imagined plentiful supply would lead to market prices dropping to £10 by the start of 2010.
Nick Hart, one of our coin experts, was right all along. He claimed that the number of undated 20p’s out there was much lower than the 250,000 level. His predictions that our offer would only receive a few hundred redemptions, despite the enormous publicity that the story garnered, proved to be completely correct. Clearly this story has some way to run and the value of these coins is only going to increase. Maybe we should do something about that? Watch this space for further details.
Since 2009 the market value of the undated 20p has doubled from £50 to £100. The London Mint Office would like to buy these undated 20p coins for their customers and so we are offering the public a quick and easy way to benefit.