| Author |
 Replies: 234 / Views: 38,556 |
|
|
|
Pillar of the Community
Canada
2366 Posts |
|
|
Valued Member
Canada
387 Posts |
Quote:
The reason I say 49 is because there are only 49 2009 Edmonton Oilers loons f I know that the Charlton Catalogue has listed the quantity as 49. I also know that the RCM Annual report lists the "quantities invoiced" as 49 in their annual report that shows quantities till the end of December 31, 2008 (Yes 2008 for a 2009 coin). There is no listing for 2009 NHL coins in the annual report that lists quantities till the end of 2009. In the meantime the RCM annual reports list the following terminology: in 2008 annual report - "2008 quantity sold" in 2009 annual report - "2009 quantity invoiced" in 2010 annual report - "2010 quantity" Furthermore in their the 100th anniversary Montreal Canadian set is listed as 526 but on their website the same set is listed as 9500. In the Charlton Catalogue (at least until the 2012 version) the quantity for painted coin was listed as 526 and gold plated was listed as 9500. Add to all of the above the question: Why would mint limit the PRODUCTION to 49 a stock item that actually costs them pennies to make, that has a great potential sale appeal and that actually has to be brought to shelf to sell. And then does one actually believe that the Mint PRODUCED different quantities of these sets for each team when on their website they advertised "collect all six". These examples are clear case of taking the Mint Annual Report, and the Charlton Catalogue with a grain of salt when it comes to these types of details. And to top it all up when I was looking to buy this coin about a year and a half ago I had actually counted 20 pieces available from different dealers across the country. They were even going for prices below their list price. Something tells me that if a National newspaper writes an article on this with good coverage a lot more of these pieces will surface. But then I would like to be wrong until I decide to sell my piece. |
|
Valued Member
Canada
370 Posts |
|
|
Valued Member
Canada
457 Posts |
I tried to find out how many might be out there with a pole. Very unsuccessful pole to say the least.  LOL But .......it does make me believe the number may be true. Not that any one cares, but here's the link to the pole. https://goccf.com/t/145231Close as I can guess, there are about 25 that I can account for. I was hoping to find at least 50 then I would know for sure the info I have is wrong. I still wouldn't know the real answer but.....  |
|
Pillar of the Community
Canada
1823 Posts |
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ****** this section is not for Sales Promotion ***
|
|
Valued Member
Canada
387 Posts |
Quote:
Posted - 08/02/2013 8:22 pm
on sale For Sale? $1500 is hardly a sale. The last one (coin only) sold for $999 and this is trending lower. I was talking someone and they said a dealer in Toronto sold almost 20 at under $100 last year. They said one guy bought most of them and is selling on e-bay. Maybe this is the guy. I remember when this guy started listing for the first time last year they indicated the quantity they had. I got an impression that the dealer may dump a few more. I have a feeling that sooner or later the hype is going to die down. Look at the Colonial Acres sale of 2008 loonie. Did not sell and now they have three listed. At least the advertising now is not deceitful. |
|
Pillar of the Community
Canada
1581 Posts |
There is a story that one or more dealers cornered the 1973 LB PL and SP set supply, driving prices way up. But when they started to liquidate it became clear the supply was much greater than thought. Prices have stagnated for decades.
This has the same smell. 849 isn't rare, or even all that scarce, considering the lack of demand.
|
|
Moderator
 Canada
10458 Posts |
On the other hand, how many of these sets where bought in post offices and coin shops, as wedding gifts? I bet a lot of these are tucked away in houses across the country... we may need a good decade or more to see them come out of the woodwork, as people hold on to things not for monetary value, but sentimental value... (e.g., I still have the 1970 cased nickel dollar my grandfather gave me, he originally bought it when I was born)...
"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
|
|
Pillar of the Community
Canada
1581 Posts |
Quote:
On the other hand, how many of these sets where bought in post offices and coin shops, as wedding gifts?
Yes. Such an item is not a general collector offering, but one aimed more at retail to expose it to such sentimental buyers. So, how many got shipped to post offices and coin shops? Less than 849? Does that make any sense? Also, isn't it interesting that most who talk about having this set had/have a bunch? |
|
Valued Member
Canada
457 Posts |
I find it kind of funny that the people responsible for making our money do not have any proper book or record keeping skills  I can just imagine Revenue Canada if I told them " I know I made money last year but I forgot to count how much " |
|
Pillar of the Community
Canada
3690 Posts |
Quote:
I find it kind of funny that the people responsible for making our money do not have any proper book or record keeping skills I'd suggest the issue is not record keeping but lack of disclosure. I'm sure the Mint staff know exactly how many coins they produce, they simply don't choose to disclose the information. The schedules used in the Annual Reports don't tie to revenue, COGs, production or anything else and don't pretend to - they are even often mislabelled. Sloppy audit work? I think, yes. Even though the schedules are not very useful, sadly they are all that collectors get. Edited by CC-Ottawa
08/05/2013 1:28 pm
|
|
Valued Member
Canada
370 Posts |
Who wants to file a freedom of information claim to get the info?
I'm sure the mint has records of all destinations of all items sold. I know they have my address and order history, not to mention credit card number.
As CC-Ottawa said, it's getting access to this information that's the problem.
|
|
Valued Member
Canada
387 Posts |
Quote:
Who wants to file a freedom of information claim to get the info? Before the freedom of information maybe I will try a friendly request. If all of us try the same strategy then maybe they might really want to look into it. I am surprised that a publication like Charlton does not spend effort on this type of research. Not only would they have clout because of their stature but they could show to their users that there is value in their publication. But maybe this is another forum topic. I will send an e-mail requesting a friendly request for the 2007 wedding set. Keep you posted on what happens. |
|
Moderator
Canada
10458 Posts |
I remember seeing them, in every post office in Sherwood Park and Edmonton, Alberta, back in 2007.... at the time I thought it was a waste of money, because it cost almost as much as the 2007 regular proof set, but you got a brass medallion instead of a silver dollar...
"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
|
|
Pillar of the Community
Canada
5324 Posts |
You would think even at a 1000.00 a set, they should be coming out for sale. I was told by local post offices that after a certain time of discount unsold coins are returned eventually to RCM. If this is the case, maybe most of these sets were returned and melted by the mint. |
| |
Replies: 234 / Views: 38,556 |
First Page
Previous Page
Posted 07/29/2013 5:14 pm
