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Dino And Rolls Are Awaiting Stock At RCM

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Pillar of the Community
Canada
590 Posts
 Posted 02/08/2013  12:27 pm  Show Profile   Bookmark this reply Add Dooby Rak to your friends list Get a Link to this Reply

Quote:
There is an authorized RCM dealer (listed on mint.ca) that has has these listed at $24.99 all week. Please explain. Are you suggesting that the mint has rules for 'large' dealers that don't apply to all dealers?


This is getting confusing, are you referring to dino coins or pennies? I wish someone from the Mint or a dealer would clear this up for us.

As for the rules part. Small dealer can break the rules and have little chance of getting caught. Larger distributors due to their volume and exposure stand a better chance of getting caught breaking the rules.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/08/2013  12:59 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply


Quote:
are you referring to dino coins or pennies?


I'm referring to penny rolls. A dealer that is listed on the RCM's website as a dealer has been selling penny rolls for 24.99 since Tuesday. They routinely list virtually all of their RCM products above list price so I have difficulty believing that there is any rule about pricing imposed by the RCM.

I suspect that most dealer keep their prices at RCM issue because they know their customers will simply buy from the mint.ca if they don't at least match that price - market forces at play. If dealers try to gouge customers by overcharging on items that the mint is selling for less, how long do you think they would stay in business? Of course that doesn't account for the dealer selling $10 items for $25 but I suspect he/she is either hoping to find uninformed customers or is just pricing to maintain inventory for when the market does command higher prices (i.e. after the mint sells out).
Valued Member
cheney's Avatar
Canada
200 Posts
 Posted 02/08/2013  1:02 pm  Show Profile   Bookmark this reply Add cheney to your friends list Get a Link to this Reply
sporadic case can not represent the 'rule' which majority will stick with.

Not necessary to explain more when a good example (Gate-west) stick with such 'rule' and start to raise the price after official sold out.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/08/2013  1:16 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
You're free to believe whatever you wish but the fact is if the RCM has a rule as you assert, and one of their dealers routinely disobeyed that rule, then a logical person would expect the RCM to act.

I maintain that dealer pricing is set by economics. If you have some information to the contary that you can support with facts, please share it.
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elkslayer132's Avatar
Canada
981 Posts
 Posted 02/08/2013  1:24 pm  Show Profile   Bookmark this reply Add elkslayer132 to your friends list Get a Link to this Reply
DEALERS SET THERE OWN PRICES FROM DAY ONE
Valued Member
cheney's Avatar
Canada
200 Posts
 Posted 02/08/2013  2:17 pm  Show Profile   Bookmark this reply Add cheney to your friends list Get a Link to this Reply
no, I do not have black and white to support my view. it is from my observation only.

Pillar of the Community
Canada
593 Posts
 Posted 02/08/2013  3:05 pm  Show Profile   Bookmark this reply Add marty to your friends list Get a Link to this Reply
No dino's or pennies for canada post
Pillar of the Community
Canada
5324 Posts
 Posted 02/08/2013  3:34 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
i contacted the RCM regarding this pricing issue with regards to the farewell to penny sets . About 3 weeks ago I got an amazing phone from the director of dealers issue, he told me they have policies in place where the dealers are to hold prices at issue untill the RCM is soldout, but the RCM choose not to enforce it. So most of the dealers knows this and they either hold back hot items or instantly raise prices except for canada post and J&M. Can you imagine GM,Ford, Macdonalds, allowing their dealers to charge above msrp. The reps logic was its too hard to enforce,
Pillar of the Community
1007 Posts
 Posted 02/08/2013  5:08 pm  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
How hard would it be to enforce? If they see them selling above issue price they get banned, simple. They obviously don't really care.
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unclekim's Avatar
Canada
315 Posts
 Posted 02/08/2013  5:15 pm  Show Profile   Bookmark this reply Add unclekim to your friends list Get a Link to this Reply
Dealer is not an enemy, dealer helps mint to sell their stuff (and not all of this stuff is sold out in days).
And there's no lineup at RCM's door with "dealer sign-up" sign.
SO it does not make much business sense to ban dealers over minor offence.
But if situation for any reason becomes ugly and there will be mass outrage over dealer behaviour - RCM has a legalstick to beat "bad guy"
:)
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Neil's Avatar
555 Posts
 Posted 02/08/2013  5:32 pm  Show Profile   Bookmark this reply Add Neil to your friends list Get a Link to this Reply

Quote:
Can you imagine GM,Ford, Macdonalds, allowing their dealers to charge above msrp.


It's been done for decades on hard to get cars.
Pillar of the Community
Canada
5324 Posts
 Posted 02/08/2013  6:46 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
remember the Orangeville Mazda situation about 2 years ago when they took advantage of a female shopper sold her a car over 12000.00 above msrp. Mazda canada did the right thing immediately cancels the dealership and refunded the purchases price and gave the car to the lady. I dont think any owner of a good dealership or franchise would risk it over a few extra dollars. In the RCM case they are allowing a free for all except for the two mentioned dealers
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Neil's Avatar
555 Posts
 Posted 02/08/2013  6:55 pm  Show Profile   Bookmark this reply Add Neil to your friends list Get a Link to this Reply
I have bought a new 'vette when they first come out, and there's a model change.. Expect to pay way over MSRP to be one of the first. Like this year. This is common on luxury cars.
Edited by Neil
02/08/2013 6:57 pm
Valued Member
Canada
154 Posts
 Posted 02/08/2013  7:05 pm  Show Profile   Bookmark this reply Add bigspender to your friends list Get a Link to this Reply
Dinos now at 34.95 with a limit reduced to 3 from 5 on the GW website !
Pillar of the Community
1007 Posts
 Posted 02/08/2013  7:39 pm  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
Thanks for that info. 😎
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