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 Replies: 20 / Views: 4,968 |
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Pillar of the Community
Canada
5324 Posts |
Of the 40 sellouts, most of these coins are in dealers hand, as recently by all the discounts by major dealers this is the problem upcoming, why buy any future issue from RCM six weeks latter discounted prices. Also out of the 40 sellout many or too many commissioned coins, equal artificial sellout. |
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Pillar of the Community
Canada
1189 Posts |
I saw some listing on Kijiji for this coin for only $135-140.
I still do not want to get one for my collection. :)
After the "Fall" of this coin. Do you all think they will make another Venetian Glass coin?
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Rest in Peace
Canada
1360 Posts |
Nice post 'Pocketchange50' As Numoose said... your post has reflected my thoughts. I wonder, if the excessive production this year is the mint's ways of curbing the flippers? There is still a lot of talk "Can't make money on this or that"... but you are right, it is greatly reduced from previous years. The comment of 'artificially' selling out (ie Dealers have bought up the slack) says a lot, and was my contention with the flippers. As they pushed a sell out at the mint, then offered more and more on ebay, is where I compared them to scalpers for concert or sports tickets. A risky proposition to say the least. |
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Pillar of the Community
Canada
5324 Posts |
Its not flippers that's destroying this market, its the RCM with their endless bad themed coins, in the last release 3 of the coins the 5 oz. beaver, caribou, and pond hockey coin were commissioned by one dealer. Take the 5 oz. beaver, why do you need another coin with a beaver swimming, they start a new maple spring series, nice coin but the second design looks terrible and out of theme. Remember the piedfort maple leaf, limit one for mc, a commissioned coin, looks good on the RCM book for short term gain. |
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Valued Member
Canada
78 Posts |
Quote:
in the last release 3 of the coins the 5 oz. beaver, caribou, and pond hockey coin were commissioned by one dealer. Who is the dealer? |
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Pillar of the Community
Canada
5324 Posts |
Canadian Coin and Currency
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Pillar of the Community
Canada
2984 Posts |
@pocket change 50,
I agree with your thoughts. And where is rockdaddy and elkslayer? I have not hesrd from them for a long time.
I suppose they have seen the light, the days of flipping coin are over. People are getting wise, knowing they can get the coin cheaper over time. Coins that are sold out seem to come back again.
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Pillar of the Community
Canada
1046 Posts |
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Pillar of the Community
Canada
1823 Posts |
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Pillar of the Community
Canada
746 Posts |
Yeah, although I'm only interested in collecting and holding, I agree that the flipper boom or pyramid-type scheme is pretty much over... I'm in the camp of buying less coins next year and trying to avoid the hype. Only buy what I really like.  And I'll try to save up for and wait it out for the big discount day: BLACK FRIDAY!!  |
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Valued Member
Canada
109 Posts |
@John100 The coins commissioned were actually the 5 Oz Beaver, Pond Hockey and Iconic Polar Bear (not caribou)
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Pillar of the Community
Canada
6768 Posts |
Followed by occasional ebay email notification, saw this coin: 2013 20 $ PURE SILVER MURANO GLASS CANDY CANE COINItem ID 1116994500322 available, BIN is CAD 85 |
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Pillar of the Community
570 Posts |
Yeah, I was really lucky to sell the only one I had with a small profit a while ago.
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Valued Member
Canada
121 Posts |
I was really lucky to have cancelled my order for two of these paper weights.  |
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Pillar of the Community
Canada
6768 Posts |
Yes guys, the RCM "overused" the theme. While annual edition, keeping the same theme was OK, but not the "seasonal" coins, repeating the same innovation. Might be the Snowman coin will be more lucky, but the Candy Cane was initially strange choice. |
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Posted 12/12/2013 12:17 pm
