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Replies: 19 / Views: 3,983 |
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Valued Member
Canada
348 Posts |
canada post sells the coin for $25 because I know for a fact they have to pay $20 to get it
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Valued Member
 Canada
227 Posts |
Quote: canada post sells the coin for $25 because I know for a fact they have to pay $20 to get it Sounds reasonable and CP keeps 20% margin in this markup.
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Pillar of the Community
Canada
1354 Posts |
I have heard as well that this is the only coin CP doesn't get discounted. That's why they are $25 there
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Bedrock of the Community
Australia
21788 Posts |
Canada Post sells mint products for a higher price than the RCM does? That's interesting. Australia Post is a defacto agent for the the RAM, and as far as I know, sells RAM products at RAM prices.
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Valued Member
 Canada
227 Posts |
Quote:Canada Post sells mint products for a higher price than the RCM does? That's interesting. Australia Post is a defacto agent for the the RAM, and as far as I know, sells RAM products at RAM prices. CP only markup this $20 for $20 seriies and have the same price as RCM for the other NCLT coins.
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Pillar of the Community
Canada
535 Posts |
The fourth choice should be WHO Cares. Dealers have to make something. It either has to be through a wholesale price ( just as all other retailers) or through a mark up if paying the full mint price.
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Pillar of the Community
Canada
1581 Posts |
There is probably a law against the mint selling below face value.
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Pillar of the Community
Canada
3690 Posts |
Quote: The fact of discount (non)existance does not depend on our opinion. And there's no discount, at least for CanadaPost. Exactly. Why is this a poll? The answer is No. Might as well have a poll asking if the Earth is round or if the Leafs suck. There is only one answer. 
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Pillar of the Community
Australia
4411 Posts |
The earth is round 
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Valued Member
Canada
207 Posts |
The Leafs suck.  Of course there is no discount, it is worth $20. If you sold it to the dealers for $15, then every sane dealer would buy as many as they could and cash them in.
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Valued Member
Canada
478 Posts |
The latest study suggests most polls start out as surveys  and the oilers were suppose to win the cup this year 
Edited by rmc 09/27/2012 2:59 pm
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Valued Member
Canada
299 Posts |
I've heard somewhere that they get discounts for coins worth more than the actual face value of the coin ... Might have been a false saying :)
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Pillar of the Community
Canada
1581 Posts |
The roundness of the Earth is more in question than the non-suckiness of the Leafs.
The Earth is an oblate spheroid. The Leafs suck.
See?
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Rest in Peace
Canada
1360 Posts |
"As far as I know, coin dealers (including CP) usually have 15% - 25% margin on the issue price for NCLT."
If I remember correctly, when the first $20 for $20 came out... Canada Post's price was $25 each....suggesting that they did NOT get a discount on the $20 price.
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Pillar of the Community
1007 Posts |
Actually the first 20 for 20 was sold for $20 by canadapost. Ever since its been $25.
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Replies: 19 / Views: 3,983 |
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