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 Replies: 96 / Views: 13,503 |
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Valued Member
Canada
55 Posts |
It looks like a cardboard box with a cutout inside for the coin... I ordered 1 for myself.. but not sure how I feel about the new case...
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Valued Member
Canada
312 Posts |
^^^ Thanks for the replys!...that does disapoint me abit,because I dislpay All my coins in my home,in there maroon clamshells....Guess ill have to get a bunch of them tripod plastic coin holders for displaying the coins.....Wheres the best place to buy them clear plastic coin holders,for displaying purposes? If that makes sense to anyone?...lol
Thanks,WJ
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Valued Member
United States
421 Posts |
Looks like RCM going with cheap cardboard cases to increase profit. If this continues, maybe someone is better off getting a graded coin? |
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Valued Member
Canada
430 Posts |
For those that ordered a number of the Bison coins with the clamshell cases, just use the clamshell cases for the future coins! And voila, clamshell cases for future $100 for $100.
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Valued Member
Canada
430 Posts |
Also, the Mint boutique in Vancouver is taking pre-orders for the $100 coins.
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Pillar of the Community
Canada
746 Posts |
Love this series! Like this design!
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Pillar of the Community
Canada
815 Posts |
What gets my goat is the mint is using the PERCEIVED "currency swap" to lower the quality of the coin. Case in point, the Grizzly Wildlife Maple coin has a face value of $5, and can be bought for $40-45, while the new coin is $100, and has a very inferior design. The mint is using the higher face value as a justification for shoddy design choices, and nobody is taking them to task for it.
I cannot believe they completely squandered the amazing momentum they had coming out of 2012, with the successful Wildlife series, and the great early $20 releases.
I still actively seek Wildlife maples, and I will collect as many sets as I can, but I took a slight loss on the $20 and $100 coins just to be clear of them.
Collect them if you want, but please understand that what you are buying is an overpriced specimen coin in the case of the $100 coins, and a "no-win lottery" bullion coin in the $20 series. The mints marketing message that you are "swapping" a $20 bill for a $20 coin, and that if you are crazy enough to redeem for face value, you can is borderline criminal. It's certainly immoral and irresponsible. No bank is going to take these as anything other than a favor. If you want one of each coin just because, go for it, but the rest of your money can be put to better uses.
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Pillar of the Community
Canada
3690 Posts |
Anjol, that is an extremely clear and concise post. You absolutely nailed it.
I regret having way too much money tied up in these coins and did in fact only order a few of the Santa to give as gifts this holiday season.
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Valued Member
Canada
480 Posts |
I stopped collecting after the penny. the cardboard takes up a lot of room even though I only buy 3 at a time. And I can't bring myself to throw them out. I think the demand is only there from resellers who stock up otherwise I'm not so sure they would sell out. But don't get me wrong I do like the 20 for 20 series. But I stayed away from the $100 coin.
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Valued Member
Canada
330 Posts |
I have to agree too Anjohl.
I bought 3 of the Bison coins because I thought they were a no lose investment as many have stated. In some sort of way, that is correct because of the face value.
Having said that, they're not appreciating in the secondary market and it's $100 cash per coin tied up that I could put to better uses.
I initially ordered 3 of the Grizzly but when I reflected on the Bison purchase and the $300 I have tied up in them I reduced my Grizzly order to 1 coin just to continue the series.
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Pillar of the Community
Canada
1528 Posts |
People need to realize that these $100 for $100 coins are not the same as the $20 for $20. It is easier to ask someone to shell out $25 for a $20 coin that they've missed and wanted it to complete the series. It is a different story to ask folks to shell out $125 for $100 coin so that you can make your 25% margin like Canada post. Again, it is always go back to collecting what you like first. Anything else,like earning extra on the side, is just a bonus. I manage to sell quite a few bison at $10-$15 profit each.
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Valued Member
Canada
480 Posts |
Has anyone confirmed the release date of the coin. Through ether talking to a rep or the mint. Any info would be appreciated thank you.
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Valued Member
Canada
312 Posts |
Release date is Nov 12th^^^....so I was told.
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Pillar of the Community
Canada
5324 Posts |
What risk is there if the coin is always worth 100 dollars, you put 100.00 in a bank account, earns around 50 cents or less interest. Even at 110.00 sale its 10 percent return, could have purchased 3 recent gitd coins and lose money who knows.
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Valued Member
Canada
480 Posts |
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Replies: 96 / Views: 13,503 |
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Posted 09/24/2013 6:16 pm
