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Bank Of Canada 1912-14 Gold Coin Special RCM Release

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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/26/2013  7:10 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Haven't posted this in awhile (about 70 pages) but...

Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release
Caution, the numbers in red are estimates. If you know the actual number, please let me know.
Valued Member
Hoop130's Avatar
Canada
333 Posts
 Posted 02/26/2013  7:19 pm  Show Profile   Bookmark this reply Add Hoop130 to your friends list Get a Link to this Reply
Johnrandal

cc-ottawa thanks for that chart.
It is amazing that coins are still available, especially so many 1913 $5s.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 02/26/2013  7:28 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
One of my local dealers claims these coins are being re-stamped, thus the waiting. I don't believe that but in he should know more about coins than me. naturally, the non-hoard $5 golds he's selling are over $1000
Valued Member
Jerry_B's Avatar
Canada
453 Posts
 Posted 02/26/2013  7:40 pm  Show Profile   Bookmark this reply Add Jerry_B to your friends list Get a Link to this Reply
If the coins were re-struck, I'd would think that the mint would be obligated to disclose that information. To my knowledge, they have not made such a statement.
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 02/26/2013  7:40 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
^^^^^^

What does "re-stamped" mean? They are making more of them?
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 02/26/2013  7:46 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
If all coins I'm waiting on are not here by end of March, I'm canceling them and only dealing with authorized RCM dealers. It does seem strange that there are any of these coins still available based on the hype over them since before Nov. 28. I'm really losing faith in the RCM. If any private business ran the way the RCM does, they wouldn't last a week. If there are so few coins available, what could possibly be taking so long?


Do you really think authorized RCM dealers are going to sell them at list price when some of the 1914 $5 coins are going for $800-$1000 on ebay.
That is a bit of wishful thinking. I woudn't cancel the orders.
Pillar of the Community
Canada
5327 Posts
 Posted 02/26/2013  7:47 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
the RCM has made a huge mess with marketing these gold coins, but I am sure they did not restrike these coins, it makes no logic for them to do it, Only the Perth Mint has done a restrike.
Valued Member
Jerry_B's Avatar
Canada
453 Posts
 Posted 02/26/2013  7:49 pm  Show Profile   Bookmark this reply Add Jerry_B to your friends list Get a Link to this Reply
The Mexico mint has re-struck a lot of 1945 Dos Pesos gold coins.
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Lostwords's Avatar
Canada
1528 Posts
 Posted 02/26/2013  7:50 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply

Quote:
Only the Perth Mint has done a restrike.
and they pay a big price for it.

I don't think they would restrike. If they were, it would make more sense to do it from start rather than now
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 02/26/2013  8:01 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
I did not imply that the coins were re-strikes. In fact, I'd bet all my coins to a regular dime that they are not. I was just pointing out the desperation of some shady dealers in selling non-hoard coins since these were released.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 02/26/2013  8:06 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Money penny

To my understanding, authorized dealers cannot raise prices until the mint deems them sold out. Then they do whatever they want, claiming that they've re-bought them from customers. Once it says sold out in the website, they can raise prices. In fact, some dealers do not even display "hot sell" items until the mint says they are sold out. This way, they get the dealer discount buying and higher profit selling
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 02/26/2013  8:11 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
John100

A huge mess? It's a disgrace.
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Cassidy77's Avatar
Canada
541 Posts
 Posted 02/26/2013  9:12 pm  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
Ive done a search of several authorized dealers in Canada and not one of them is listing these coins. I talked to one dealer in Vancouver who has them in hand but wont list until the market value becomes more apparant.. I think the coins will only become available through dealers after the RCM has shipped out every one....

.I notice gold started to climb back today and the UK banks are considering moving to negative interest

gold is money

lol and hold the gold
Valued Member
moejaber's Avatar
Canada
147 Posts
 Posted 02/26/2013  11:48 pm  Show Profile   Bookmark this reply Add moejaber to your friends list Get a Link to this Reply
Now I'm confused.which one is more rare? the 5$ 1912 or 1914?
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/27/2013  12:03 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply

Quote:
Ive done a search of several authorized dealers in Canada and not one of them is listing these coins.


Imaginaire has a 1913 $5 HS on their website for $600. They had the 1914 and 1912 for $800 but are currently sold out.

Colonial now have the same 1913 and 1914 HS $10 that are still available from the Mint though they are asking $1199, but they no longer have the PHS $10 listed.

I guess some dealers have them and will sell for the right price. Some will hold on to them and strike when they think the market peaks.

I just wish the mint would ship the coin I ordered 3 months ago .
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