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    koru
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    5 coin - 80th birthday Queen Elizabeth II
    • #1
    • 26th Jan 06, 11:00 AM
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    5 coin - 80th birthday Queen Elizabeth II 26th Jan 06 at 11:00 AM
    Just got a flier in this morning's post, saying I have been "specially selected" to be offered the chance to buy the Royal Mint's new 5 coin to commemorate the Queen turning 80. It will apparently cost only 5, post free.

    Language like that smells like a scam to me, but I have found the same offer on what does genuinely seem to be the Royal Mail's website. Which makes me curious about how they can afford to send you a coin that is worth 5, post free. If they are bearing the costs of postage and of this marketing, and so on, I reckon that must mean they are only making about 4 after costs. So who is taking the 1 loss?

    Does anyone out there know how the Royal Mint operates? Do they have to pay the government 5 in order to mint each 5 commemorative coin? Or do they pay 4? Or what?
    koru
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