SlavicScott Posted August 12, 2005 Report Share Posted August 12, 2005 Anybody recognize this set?? Is it an official Royal Mint set? or something else, like a Westminster set?? What kind of value should it have. Link to comment Share on other sites More sharing options...
silver Posted August 13, 2005 Report Share Posted August 13, 2005 It's definately from the Royal Mint, however, I have searched far and wide and cannot find the specific set. I did find the Royal Mint website http://www.royalmint.com/RoyalMint/web/site/home/home.asp Link to comment Share on other sites More sharing options...
Ætheling Posted August 13, 2005 Report Share Posted August 13, 2005 On my god, more junk i see. Christmas sets? Christmas set? They really are running out of ideas. This goes hand in hand with Christening sets, new born baby sets, wedding sets... what's next? Easter sets and Bank Holiday sets? This is getting as bad as Police Acadamy, make a movie then make a dozen sequels. Idea, stick, beat, death, to. Link to comment Share on other sites More sharing options...
Sir Sisu Posted August 13, 2005 Report Share Posted August 13, 2005 On my god, more junk i see. Christmas sets? Christmas set? They really are running out of ideas. This goes hand in hand with Christening sets, new born baby sets, wedding sets... what's next? Easter sets and Bank Holiday sets? ... Finland offers matriculation sets. A couple of years back there was also a Ice Hockey World Championships set too. Of course we have also had a Christmas set and baby sets, etc too. Link to comment Share on other sites More sharing options...
Trantor_3 Posted August 14, 2005 Report Share Posted August 14, 2005 In the Netherlands we have birth sets and so called "good cause" sets. The "good casue" set contains the 8 denomination of a year, in BU. They're sold by the mint and they donate a percentage of the selling price to an organisation in the netherlands, like the "burning wounds foundation" or the organisation that trains dogs to help blind people. I don't have too much problems with these sets, in fact, I get my "good cause" set each year and I'm about to order a birth set (if still available...) to give to the new kid from my brother, to be born in november. Link to comment Share on other sites More sharing options...
Ætheling Posted August 14, 2005 Report Share Posted August 14, 2005 I do like the idea of good cause sets because it's charitable, in my book that's good. When it's for mint profit and greed then no, not good. Link to comment Share on other sites More sharing options...
Emperor Oli Posted August 14, 2005 Report Share Posted August 14, 2005 I do like the idea of good cause sets because it's charitable, in my book that's good. When it's for mint profit and greed then no, not good. There's nothing greedy about it really: the mint does it to stay afloat. Last year they only made about half a million pounds profit. If items like these weren't around, the mint would go under. Link to comment Share on other sites More sharing options...
Ætheling Posted August 14, 2005 Report Share Posted August 14, 2005 I've always though the mint should be a nationalised operation run by the government. That's how it used to be back in the middle ages, the kings ran the mints as their own. And moneyers were royal employees. Link to comment Share on other sites More sharing options...
Ætheling Posted August 14, 2005 Report Share Posted August 14, 2005 Infact that's it, the Royal Mint should be run off of the royal income, they don't need it all surely. Link to comment Share on other sites More sharing options...
Emperor Oli Posted August 14, 2005 Report Share Posted August 14, 2005 I've always though the mint should be a nationalised operation run by the government. That's how it used to be back in the middle ages, the kings ran the mints as their own. And moneyers were royal employees. They did a lot of things in the middle ages which they don't do now. If it were run by the government, that doesn't mean it wouldn't produce these types of sets: it would have to just to stay afloat. Unless of course they decided to make coins out of something else to reduce operating costs (which were around £100m last year). Link to comment Share on other sites More sharing options...
Ætheling Posted August 14, 2005 Report Share Posted August 14, 2005 True... Although if it had been the Thatcher government there would have been alot of spending cuts. I think all the proof/mint sets would have been axed and they probably would have eliminated the bronze coins too to save on brass. It was that government that was responsible for the size reductions in the early 1990s... so they were already initiating spending cuts even though they didn't run the mint! Link to comment Share on other sites More sharing options...
gxseries Posted August 14, 2005 Report Share Posted August 14, 2005 Appearently that's how it works here too in Australia, as the mints are supposely government property, but the governement is definately not footing a cent in from the production line to the finishing line. :/ Link to comment Share on other sites More sharing options...
Ætheling Posted August 14, 2005 Report Share Posted August 14, 2005 That's governments for you. Link to comment Share on other sites More sharing options...
SlavicScott Posted August 14, 2005 Author Report Share Posted August 14, 2005 True...Although if it had been the Thatcher government there would have been alot of spending cuts. I think all the proof/mint sets would have been axed and they probably would have eliminated the bronze coins too to save on brass. It was that government that was responsible for the size reductions in the early 1990s... so they were already initiating spending cuts even though they didn't run the mint! From the website of the Royal Mint.... "The Royal Mint is a department of government and its primary responsibility remains the provision of the United Kingdom coinage. Its reputation, however, extends beyond this and internationally it has a reputation for making some fascinating coins for over 100 countries." "In April 1975 the Mint was established as a Government Trading Fund, operationally very similar to a government-owned company." Another note... the reduction in sizes of the pieces in the 1990's was not a government initiative to cut spending, it was in response to increases in the metal prices that were cutting into the government's profits. It wasn't initiative, but reactive measures. Link to comment Share on other sites More sharing options...
SlavicScott Posted August 14, 2005 Author Report Share Posted August 14, 2005 There's nothing greedy about it really: the mint does it to stay afloat. Last year they only made about half a million pounds profit. If items like these weren't around, the mint would go under. This year, they lost £3M, including almost £2M in operating losses. By the way, these items are the exact reason why they have such an operating loss. Everyone knows that the seignorage for circulation pieces is squat, but it is steady and sure. With the collectibles market, it is a crap shoot, and you have to spend millions in advertising just to find out whether or not the public will actually buy the wares you are hocking. Link to comment Share on other sites More sharing options...
SlavicScott Posted August 14, 2005 Author Report Share Posted August 14, 2005 I enjoy all this discussion, but I still want an answer to my original post. Does anyone know whether this set was issued by the Royal Mint, or not? Link to comment Share on other sites More sharing options...
Ætheling Posted August 14, 2005 Report Share Posted August 14, 2005 Sorry i don't know the answer to that one Kuhli. (But at least the discussion has hopefully kept the thread at the top of the page and gained it a wider audience). Why not ask the royal mint directly? Link to comment Share on other sites More sharing options...
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