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 Replies: 366 / Views: 37,378 |
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Pillar of the Community
Canada
1581 Posts |
Quote:
Why is it not fair only to get the set to get "free" box?
Nothing wrong getting the SET for the box. That's the promotion. What you do with that is your own business. The issue would be subscribing only to the "free" box point, and then cancelling. In that case: TANFL |
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Pillar of the Community
Canada
3733 Posts |
everyone has the right to buy a set for their own reasons.weather you plan to flip it, or keep it is irrelevant.you have the right to whatever you wish.i was only stated my thoughts for the case being pushed back to the 7th coin. everyone who only wanted the case will still get it, they just have to flip a few extra coins when it arrives.
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Pillar of the Community
Canada
1528 Posts |
If RCM really want to eliminate folks from buying a few coins for the case and flip it, they should outright stated "You will receive the box at the end of the subscription." What they are doing is try to bait the flippers. Well time for me to find a place for these coins until the summer |
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Pillar of the Community
Canada
590 Posts |
 Well said. Trying to out smart the flippers. Unfortunately the flippers are always smarter. They will just stop buying. They should just sell complete sets. This subscription idea is garbage. They are not selling magazines after all. Maybe they can start a coin of the month club or something if they want to sell subscriptions. |
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Valued Member
Canada
55 Posts |
Quote:Does the RCM force you to buy their coins? Does the RCM change increase their price after you make a purchase? Do they refuse to refund your money if you aren't happy with the product in hand? Do I force RCM to offer the free box? RCM did in this case increase their price after I made purchase as far as I concern Yes. They refuse to refund my return shipping fee. It is their fault to begin with. |
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Valued Member
Canada
269 Posts |
@Dooby Rak: If the Mint is trying to "outsmart the flippers" then I think that they are making a very bad decision. For instance, there is no way that I would buy any subscriptions from now on (except for one for my own collection maybe), which means there will be at least 9 other subscriptions which will never occur.... so per subscription that will be AT LEAST 27 coins (because you have to buy the 1st three coins to get the box) that I will not buy at all. Multiply that by the number of silver subscriptions per year (say around 5) and that means that the Mint will lose the sale of at least 135 coins. Furthermore, I am not the only person here that buys large quantity of subscriptions... which means that number is further multiplied again. Also keep in mind that "flippers" are dealers that don't save the 10-15% off of listing prices.... so it would make more sense for the Mint to want to encourage people investing in their products because then they just buy more.
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Valued Member
Canada
269 Posts |
Not to mention that arbitrarily changing the terms of an agreement by one party without the prior consent of the 2nd party mid-way through an agreement is a very shady, unethical, and highly illegal business practice.
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Pillar of the Community
Canada
590 Posts |
This is what I've been saying all along. Not to be trusted. Last year all they did was upset customers, effectively pouring gasoline on a bridge made out of kindling and now they are getting ready to strike the match. Honestly this scares the stuffings out of me. They are going to destroy their own brand by alienating customers. People are just going to get tired of these shady practices. |
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Pillar of the Community
 Canada
3690 Posts |
You're assuming that if flippers don't buy the subscriptions then no one will?  The people who buy from flippers would simply buy from the mint or authorized dealers. While I'm not a fan of subscribing just to get the box and cancel, I agree that the Mint should not be changing the rules midstream. That is unfair. |
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Valued Member
Canada
269 Posts |
No, not necessarily... but it certainly helps the Mint sell if they have that additional base of collectors/buyers/flippers/investors (however you prefer to call it) that they can tap into.
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Pillar of the Community
Canada
590 Posts |
@CC-Ottawa
I don't agree with flipping boxes. But if you are stupid enough to give the box with the first coin and allow people to cancel right after you are asking for it. That's just bad business practices. Now getting back a flippers by changing the terms of sale, that's even worse. Someone should be fired for such an idiotic business plan.
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Valued Member
Canada
269 Posts |
I think that they want collectors to have the boxes early so that they can "see" that their sets are incomplete without finishing the subscription (which is a good business idea IMO), but what they should do is have the box an $xx.xx fee and have the last coin free... or have the box free and only charge a fee if the sub is cancelled early... or (and this is the one that I would prefer) to just offer the box for sale by itself or free with a subscription. I really only want the box, I really don't want to pay for 3 coins just to get the free box and cancel the subscription. BUT the Mint should only offer the box for sale individually for a limited period of time so that people will still be encouraged to subscribe to the set as opposed to just buying the box at retail price at the end.... if you decide that you like all of the coins in the series.
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Pillar of the Community
Canada
3690 Posts |
Quote:
don't agree with flipping boxes. But if you are stupid enough to give the box with the first coin and allow people to cancel right after you are asking for it. That's just bad business practices. Now getting back a flippers by changing the terms of sale, that's even worse. Someone should be fired for such an idiotic business plan. We agree on the first point but you're making an assumption that the RCM made this change as a result of flippers. I think you're giving both the flippers and the RCM way too much credit. I don't believe that flippers have that much influence and I don't believe that the RCM is that tactical. It's much more probable, that their box supplier simply messed up and/or they failed to project the number of boxes they would need. Keep in mind that they likely have 10s of thousands of boxes to fill and probably underestimated how long that would take. Edited by CC-Ottawa
02/26/2013 12:52 pm
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Pillar of the Community
Canada
590 Posts |
They did this some years ago with the lunar coins. The description for the subscription included images of all the coins. I've since sold my lunar collection when they decided to up the mintages and change the material type. I want a collection that is going to be consistent and not change year after year. Stupid move by the mint.
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Pillar of the Community
Canada
590 Posts |
Quote:I don't believe that flippers have that much influence and I don't believe that the RCM is that tactical. It's much more probable, that their box supplier simply messed up and/or they failed to project the number of boxes they would need. Keep in mind that they likely have 10s of thousands of boxes to fill and probably underestimated how long that would take. I like that, give them credit for their incompetence rather than for their intelligence. I am willing to bet they have boxes sitting around somewhere. I'm also willing to bet that they have made the decision that delaying the shipment of these boxes will have a minimal effect on sales and may even increase sales. Weather is incompetence or deception, someone deserves to be fired or at least sent to their North West Territories office. |
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Replies: 366 / Views: 37,378 |
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Posted 02/26/2013 05:49 am
