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When Can RCM Become Smarter --About Mintage Of Dragon Coins

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Author Previous TopicReplies: 18 / Views: 3,940Next Topic Page 2 of 2
Valued Member
Canada
451 Posts
 Posted 10/20/2011  9:05 pm  Show Profile   Bookmark this reply Add Lithanial to your friends list
I agree. The increase demand for Dragons could have been met through all these other Dragon coins this year. There was no reason to increase the mintage on a set when there are alternative means.....

All the Dragons look nice though.
RCM Representative
158 Posts
 Posted 10/20/2011  10:34 pm  Show Profile   Bookmark this reply Add RoyalCanadianMint to your friends list
Once again, thank you for your honest feedback. Means a lot!
Valued Member
Canada
322 Posts
 Posted 10/20/2011  11:42 pm  Show Profile   Bookmark this reply Add Koin Hunter to your friends list

Quote:
Your thoughts have been passed along to our product marketing team. We appreciate your honest thoughts

With all do respect... You make it sound like the mint was surprised to hear that we the collectors are disappointed with these higher mintage's.You must of know this would happen.
I Collect because I like the Art form...aftermarket value is not why I buy....But it's nice to know that when I pass my collection on to my son..It will be worth something more than I paid....
I have the Perth 1oz Dragon proof,1oz colored proof,and the 2 dragon proofs from the R.C.M.....
I like yours the best so far...But I like there Mintage's better..
Edited by Koin Hunter
10/21/2011 12:00 am
Pillar of the Community
Canada
862 Posts
 Posted 10/21/2011  12:14 am  Show Profile   Bookmark this reply Add SilverBug to your friends list
honestly I don't think the mintage increase is a disaster, after all there will be only 9999(19999) sets in the end, maybe even less than that number in that beautiful wood box. When RCM sells these dragons in asia, make sure let them know that it belongs to a set. maybe a fly of an image with whole set in the box? I'm sure a lot of the dragon buyers will go after the set. the tigers and rabbits will be hot when this happens...now I'm thinking maybe I should buy more tiger if it's still available at $88
Edited by SilverBug
10/21/2011 12:43 am
Valued Member
Canada
480 Posts
 Posted 10/25/2011  9:07 pm  Show Profile   Bookmark this reply Add chubbycheeks to your friends list
I woke up on the day the Perth Mint released it's silver proof dragon only to find that it had sold out before my computer could warm up. I spent over $350 on ebay just to receive it today and be disappointed, very disappointed.

The Canadian Mint just can't be beat from the display box to the design. A slight increase helps prevent issues like this from happening and the bulk of the dragons went to China anyways. Bottom line is there will still only be 9999 set out there and the value and quality are still there.
Pillar of the Community
Canada
663 Posts
 Posted 10/26/2011  12:30 am  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list
Chubbycheeks, could you be more specific about why you are dissappointed with the dragons from the Perth Mint? I ordered one myself, but haven't received mine yet. Hope it's not some quality issue.
Valued Member
Canada
480 Posts
 Posted 10/26/2011  01:36 am  Show Profile   Bookmark this reply Add chubbycheeks to your friends list
Maybe it was the price I paid that left a bad taste in my mouth.
Although the coin itself is nice I really feel It didn't live up to all the excitement. The strike seems weak and the design I feel is a little plain after seeing it up close. The display case is same as the others, plastic.

Comparing that to the Canadian coin the strike is much better and more detailed. And if you didn't sign up for the subscription the single display box hands down can't be beat.

( It could just be the strike on my coin numbered 2686 )
Pillar of the Community
Canada
1502 Posts
 Posted 10/26/2011  04:07 am  Show Profile   Bookmark this reply Add poboxw to your friends list
Hot topic, this one. Compared to the Australians I would again put my money into RCM's lotus and 1oz dragons, because it's not the price, design, or even mintage figures really that got the bad reviews. It's RCM not sticking to the lower mintages of the earlier coins in the SERIES especially when many subscribed to the series under the impression that mintage or at the very least, metal composition, would be kept consistent for the whole series. Aim to make maximum profit by all means but don't step on the loyalty of current customers to do it. All this and the rather lame response that changing the lotus dragon from sterling silver to fine silver was a decision to make the coins "easier to produce"... Bleh~

(can't seem to vent enough on the topic. Carolyn would need riot gear to dive into this and the lotus dragon thread )
Valued Member
Canada
451 Posts
 Posted 10/26/2011  9:03 pm  Show Profile   Bookmark this reply Add Lithanial to your friends list
The Mint is really milking these Dragon's. There are now five different Dragon models, four in different price brackets. I guess it isn't a bad idea to cater to the different markets. I like the idea of the $30 silver Dragon, not everyone can afford a hundred bucks.
Valued Member
Canada
451 Posts
 Posted 10/31/2011  06:20 am  Show Profile   Bookmark this reply Add Lithanial to your friends list
Between all of the dragon coins, there are now 733,978 dragons. I am probably still forgetting a design, can't keep track.
Pillar of the Community
United States
2408 Posts
 Posted 11/01/2011  9:09 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list
Given these numbers, supplies will 'dragon' til next year.
Pillar of the Community
Canada
1502 Posts
 Posted 11/02/2011  02:25 am  Show Profile   Bookmark this reply Add poboxw to your friends list
"drag-on" nice.

must say though, seems like they are selling well. 2 neighboring postal stations sold out of both dragon coins, the 2 local coin shops I visited today sold 2-3 of the coins just while I was browsing.
New Member
Australia
7 Posts
 Posted 02/16/2012  12:36 am  Show Profile   Bookmark this reply Add Papoose to your friends list
In my humble opinion, I think the Dragon coins are just super. I love the Dragons from Perth Mint, and I purchased the Lotus Dragon issued by RCM - it's stunning!

I missed out at Perth Mint for the silver 1oz Dragon (with box & COA), and I'm still sorely peeved about that.

There are several other superb Dragon coins from other countries also, but these days, I have more moths in my wallet than currency. [sigh]
Valued Member
Canada
491 Posts
 Posted 02/16/2012  12:51 am  Show Profile   Bookmark this reply Add RogerD to your friends list
@jonesdav The mintage of the coins is extreme adding to the dislike of the coin is the number of dragons being produced all over the world in different forms and styles. Sure from a business perspective this may be a money maker but it just turns me off.

Adding to the contempt that is building for the mints is the EXTREME pricing with high mintages. IF I am going to buy a $100 dollar coin it might as well be an Ancient coin or earlier numismatic coin rather than an NCLT.
Valued Member
Canada
442 Posts
 Posted 02/16/2012  10:27 am  Show Profile   Bookmark this reply Add vinnycoin to your friends list
Which Dragon coins are we talking about specifically here? There are about 3 or 4 differnet designs aren't there?

If you're talking abotu the one in the series, then they should have definitely kept it the same mintage as the rest.

The 1/2 oz silver and 1/10 oz gold ones I can see increase mintage, as they are seperate coins from the series.

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