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Moderator
 Canada
10458 Posts |
I suspect that the RCM entered an agreement with the BOC to refine and liquidate all the gold for a set price. The RCM saw an opportunity to heavily profit from these coins, rather than just melt and refine them. In the end, the BOC will get its agreed upon price, and then RCM makes a profit - I wonder where this one will show up in their financial reports? As numismatic sales or profit from the refinery? "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
Canada
86 Posts |
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Pillar of the Community
Canada
2426 Posts |
At 3 pm today I was on the phone placing an order and I was told by my mint rep that the coins would be shipped out in late January.
All the sold coins needed to be encapsulated and placed in appropriate casing before being distributed.
Question...If for some reason all the 30,000 coins dont sell then does that mean the remaining unsold gold coins will be melted as well?
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Valued Member
Canada
453 Posts |
@SPP-Ottawa Quote:
As numismatic sales or profit from the refinery? I imagine there will be elements of both. And perhaps elements we can't even imagine. The more I learn, the more I realize that the Mint must be an incredibly complex operation. I thought about applying for a job there, but I'll bet there's a lot of frustration & headaches involved. (Actually, that sounds attractive  ) |
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Valued Member
Canada
85 Posts |
I think if Mint wants to sell out, it will make the coins sold out anyway.
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Valued Member
Canada
453 Posts |
@darryldarryl
I think that all of the coins will sell.
It may take a while, but they will sell.
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Pillar of the Community
Canada
1571 Posts |
@coin chick,
I hope you get your order. Your collection is awesome already and I love the display. I'm way to parinoid to leave my coins in a display like that. There's lots of break ins in my neighborhood. As to addictive.... There should be a warning on the mints website. I had to quit all my other bad addictions to buy coins. Lol.
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Valued Member
Canada
85 Posts |
Hi Jerry_B,
Could you please advise why you pick up $5 coin of year 1912, since the minage of the 1913/1914 are much lower, and nearly all members here bought a 1914?
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Pillar of the Community
Canada
1571 Posts |
@jerry b,
The company I work for did some work at the mint. I wasn't part of the crew working there because I didn't pass the security check. They are VERY strict. I'm not a criminal and have never been convicted of any crime including as a young offender. In would be awesome to work there full time. But I love Toronto too much to move anyway.
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Valued Member
Canada
453 Posts |
@Coin Chick Quote:
I keep getting called into work, and I have to go in order to fund my coin addiction. Lol. So, your attraction to coins motivates you to responding to potentially life saving situations? Sounds like a win-win !  |
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Valued Member
Canada
234 Posts |
man I'm pulling out my hair here, all day at work tomorrow I'll probably be contemplating if I should pick one up or not...
It's not a matter of price, look, or condition, I just find it really unique to actually own something with so much history.
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Pillar of the Community
Canada
1528 Posts |
what's the difference (other than price) between premium hand select and Hand select?
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Pillar of the Community
Canada
1354 Posts |
Redzapsid
Thanks for the compliments. I'm sure I'll get my order.
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Pillar of the Community
Canada
572 Posts |
Nice pics, agrenier. Here is one of the press pics:  Man, I like the view. Anyways, take a look at the packaging of the 6-coin set, premiums and non-premiums. It would be nice to grab one of those bags. :) |
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Pillar of the Community
Canada
1354 Posts |
JerryB
Ummm. My attraction to money is what motivates me the most :)
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Replies: 2,778 / Views: 300,450 |
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Posted 11/28/2012 10:43 pm
