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I have just found the correspondence from the Royal Mail that accompanied their payment of compensation. The claim form that I completed confirms that "I undertake to advise Royal Mail Group Ltd immediately if any lost letters or parcels are subsequently traced, and to refund Royal Mail Group Ltd any monies paid in compensation for these items." That's pretty clear - I have a liability to pay back the compensation. Let's hope the buyer understands my position.

No, he has not. He said that when I provide proof of repayment, he will "act on it" - you can't get much vaguer than that. I'm very loathe to open communications with the RM when the buyer is so vague and non-committal. I'm going to wait until I get the legal position before any further action.

Can I ask members not to voice personal opinions of the buyer in this thread - I don't want this transaction to be carried out in the media. I will continue to brief progress as it is of interest and importance to anyone who collects/buys/sells coins.

I would guess that the reverse E on the f14 was one of a set of trial dies that broke up almost immediately when they started to use the dies on the production line , hence virtually no coins if any survive without die cracks, possibly also the fate of the obverse 2* which all examples found up to now have serious die cracks showing .

He is certainly honest enough to have declared that the coin had re-surfaced, but as he presumably wanted to put it on his website -which he has done- and may want to sell it on in the future, it’s not really that remarkable, just normal behaviour. What is strange is that he is trying to impose on Richard conditions to be fulfilled before he will complete his side of the contract, which he has no right to do. He is not in any way a beneficiary of the insurance, and carries no liability in its legal settlement. The RM makes it clear that only one party can benefit from the claim, and Richard has done that. The responsibility to repay the compensation is Richards alone, and of no interest to the purchaser. I am really amazed that what should be a good news story has become an issue causing stress to the party who has behaved entirely openly and correctly in his management of this transaction. It is so disheartening. Jerry

read my post above ! To save you doing that, I'll copy it here: I have just found the correspondence from the Royal Mail that accompanied their payment of compensation. The claim form that I completed confirms that "I undertake to advise Royal Mail Group Ltd immediately if any lost letters or parcels are subsequently traced, and to refund Royal Mail Group Ltd any monies paid in compensation for these items." That's pretty clear - I have a liability to pay back the compensation.

It could be an issue with the metal supplied for the dies as documented by the mint, just as it was 12 years before when the halfcrowns managed a mintage of 91872, mostly struck from recycled 1846 dies together with a few new 1848 dies. The same problem was probably the reason for the number of 1848/6 & 1848/7 pennies as the bar used for the dies was presumably the same for both denominations. The metal stock used for a particular die would probably come from the same bar and be made as a job lot, not singly, so a wholesale failure of a particular reverse or obverse would be expected for that group. I'd go for that over a particular die being a trial because the basic design had been approved, so slight changes in the finer detail would be down to new punches, not the overall design.

Perhaps i should of worded it better Jerry ,apart from sending a few emails i hardly know him and would be not any different than anyone else getting involved 👍

So he wants you to pay for the coin that you sent him, before he pays you! He is deluded. I would politely ask him to send you the coin back. No deal.

Entirely plausible, especially given that so many F14's seem to be virtually uncirculated.

I think I would have chosen a different Ebay userid than "fakingit-fun"!

Hi Jerry, I think there are at least 3 different reverse dies for the F14, all with different, mutually exclusive, die flaws. Please refer to my 2015 post below. More Pennies - Page 29 - British Coin Related Discussions & Enquiries - British Coin Forum - Predecimal.com

Or E over R, wow, that is a nice catch there! I'm not a farthing nut but rather like this one; again, excellent spot there.