Major-General Sir Isaac Brock - 25-Cent Circulation 10-Pack - Page 4

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Author	Replies: 95 / Views: 13,058	Page: of 7

Jerry_B Valued Member Canada 453 Posts	Posted 10/19/2012 10:48 pm @Noahs.... Got it today in Hamilton, ON. 5+ hours from Ottawa boutique. Maybe next week? Report this Post to the Staff
noahs-numismatics Pillar of the Community Canada 3167 Posts	Posted 10/20/2012 10:28 am @middross He sold 46 coins and was charging the buyers for shipping @ $0.60 so... $1.25 -11.9% + $0.30 per transaction for Paypal and ebay fees leaves you with... $0.80 -$0.25 he paid for each coin. $0.55 profit per coin. Yes you could argue that envelopes would be $0.02 each, but most people have a bunch lying around the house anyways... $0.55 -$0.02 for envelope $0.53 profit per coin. So, that means to hime his time is worth $6.60/hour if it takes him 5 mins. to package. Also, we must remember that 4 people bought 10 coins and one person bought 2 which saves him $0.30 x40 = $12.00 for the $0.30 per transaction fee. That raises his profit per coin to $0.79 per coin and his "hourly wage" to $9.49, which is almost getting close to minimum wage and really is minimum wage because he only needed to spend 40 mins packaging because only 8 buyers bought the coins. Then again I'm not taking into account that two of those buyers sent best offer prices that I cannot see from the ebay page... WOW! Now wasn't that fun! Report this Post to the Staff
noahs-numismatics Pillar of the Community Canada 3167 Posts	Posted 10/20/2012 10:33 am Well, I guess if I want a card really badly I could probably get one for around $5... http://www.ebay.com/itm/War-1812-Co...em4abd236b9f Theres some money there, get 500,000 cards free and sell 'em for $5 a pop, you'd be a millionaire! JK, don't even know how many of the cards they made :) Report this Post to the Staff
CC-Ottawa Pillar of the Community Canada 3690 Posts	Posted 10/20/2012 10:51 am Quote: That raises his profit per coin to $0.79 per coin and his "hourly wage" to $9.49, which is almost getting close to minimum wage Didn't vet your other numbers but given that the seller is unlikely to report this as taxable income, you can add back about 30% tax rate when comparing to minimum wage. In colloquial terms, this is an "under the table" transaction. Report this Post to the Staff
noahs-numismatics Pillar of the Community Canada 3167 Posts	Posted 10/20/2012 6:59 pm Yes, good point. Report this Post to the Staff
super26 Valued Member Canada 65 Posts	Posted 10/20/2012 7:55 pm Just got shipping confirmation that my 10 pack coin got shipped out on Oct 17. Anyone else got their yet? Report this Post to the Staff
Petersun Pillar of the Community Canada 1700 Posts	Posted 10/20/2012 7:59 pm Still "Processing". A week already. My Lucky loonies processed for three months (but I got them before I even received the shipping notice) My legendary collection processed for two months. Report this Post to the Staff
BiBo Pillar of the Community Canada 1189 Posts	Posted 10/20/2012 8:20 pm I got 2 rolls + a bunch of collect cardboard. It is actually very nice to display coin in inside that presentation card. Report this Post to the Staff
Mrpiedfort Pillar of the Community Canada 663 Posts	Posted 10/20/2012 8:29 pm @Bibo, where did you get the cards? Are they available at a Mint Boutique? TIA Report this Post to the Staff
BiBo Pillar of the Community Canada 1189 Posts	Posted 10/20/2012 9:05 pm @Mrpiedfort, I got them at First Canadian Place - Downtown Toronto. Report this Post to the Staff
Anjohl Pillar of the Community Canada 815 Posts	Posted 10/21/2012 8:20 pm Got some circulated Brocks today, the red coloring on the one, and the frosting on the other are both stunning. Report this Post to the Staff
SA4H Pillar of the Community United States 2764 Posts	Posted 10/22/2012 2:03 pm Only wishing if USMint would operate chain of retail store or partner up with the Post Office to sell/distribute coins.... we could have many more collectors. Report this Post to the Staff
Ail Valued Member Canada 66 Posts	Posted 10/23/2012 9:29 pm I can't wait to get mine. The image on the Mint website looks stunning. Report this Post to the Staff
Anjohl Pillar of the Community Canada 815 Posts	Posted 10/24/2012 12:24 am They look incredible. Report this Post to the Staff
noahs-numismatics Pillar of the Community Canada 3167 Posts	Posted 10/24/2012 09:26 am Yeah. I'm excited too, can't wait to see what the frosting on the non-colorized one is like! Report this Post to the Staff
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