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 Replies: 336 / Views: 32,464 |
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Pillar of the Community
Canada
1189 Posts |
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Pillar of the Community
Canada
1189 Posts |
Order 9 so far to match with mine first dino.
When I see the real coin in hand, then I can decide whether should I get more.
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Pillar of the Community
Canada
1581 Posts |
"Easy money."
Is that what this forum's NCLT section has become?
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Pillar of the Community
Canada
1189 Posts |
How easy?
I do not see it is easy in flipping coins.
Might be I am new, do not have much experiences in this.
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Pillar of the Community
Canada
590 Posts |
Easier than working minimum wage to make the same money. Everything is relative. What I don't understand is whats wrong with turning a profit. If you buy bullion nobody questions that fact that you are buying and investment and intend to make a profit. Why should NCLT coins be excluded. Hoarders are not taking advantage of people as much as they are taking advantage of the free market system. If there was no demand, there would be no hoarders. You could argue that the hoarders are generating demand, but I would say it is the Mint and greedy retailer that are generating demand. If Mint allows me to and I can afford to and can take on the risk why should I not be allowed to buy as many coins as I can. If the mint wanted a fair system they would put buying limits on dealers also. Instead they requires dealers to by a minimum of coins per year.
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Pillar of the Community
Canada
1528 Posts |
Quote:
What I don't understand is whats wrong with turning a profit. If you buy bullion nobody questions that fact that you are buying and investment and intend to make a profit. Why should NCLT coins be excluded. Hoarders are not taking advantage of people as much as they are taking advantage of the free market system. If there was no demand, there would be no hoarders. You could argue that the hoarders are generating demand, but I would say it is the Mint and greedy retailer that are generating demand. If Mint allows me to and I can afford to and can take on the risk why should I not be allowed to buy as many coins as I can. If the mint wanted a fair system they would put buying limits on dealers also. Instead they requires dealers to by a minimum of coins per year. Well said. Some folks here also forget that most of the hoarders in this forum and other forums are collectors at heart. They sell the excess to help pay for some of their collections. |
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Pillar of the Community
Canada
1189 Posts |
+1. Dealers, retailers, coin shops can sale their coins more over issue price for profits.
Why can't individual collectors?
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Valued Member
Canada
315 Posts |
btw, new dino coin is delayed from the very beginning: just noticed "shipping in March" note. Stability and predictability is a sign of good business, right? ;-)
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Pillar of the Community
Canada
6768 Posts |
Has it been released already on RCM site for pre-order? |
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Valued Member
Canada
269 Posts |
No, its not available yet to the Masters Club members... the "shipping in March" statement is printed on the ordering brochures provided to CP outlets.
Unclekim: the other possibility is that maybe they are trying to hold off shipping any until they have them all in stock and so that they can ship to everyone at the same time.... although this scenario is unlikely because that would require advanced strategic planning in an area which seems to be of little concern to the Mint.
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Valued Member
Canada
315 Posts |
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the other possibility is that maybe they are trying to hold off shipping any until they have them all in stock and so that they can ship to everyone at the same time... normal business then would start selling when have them all in stock, not a month in advance, especially on a product with previous technological delays. maybe I'm too old-fashioned for the too modern RCM ;-) |
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Pillar of the Community
Canada
1354 Posts |
Dialog gvf
I agree with you...I don't think anyone really read or understood your post...
I personally don't have an issue with flippers or flipping. I haven't done it yet.
If that's how you want to make money that's completely fine with me.
The comments were in my opinion about why we have 8 pages of forum talk on a coin that hasn't released, and it's almost all about how much can I get, money, money,money... Not about collecting, treasuring, and enjoying.
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Valued Member
Canada
316 Posts |
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Pillar of the Community
United States
2543 Posts |
I don't think anyone has a problem with flippers, all LCS' are flippers, it's a legit business like any other. Sometimes you make out, sometimes you get caught.
I think people were just giving their opinions on whether it will be profitable or not. With classics, you always have the value of the basic classic coin. The profit goes with the condition. Same with modern Silver, you always fall back on melt.
As I opined before, I just see no safety net here, but small money is made by small chances and big money is made by taking big chances.
Edited by denco7
01/21/2013 3:28 pm
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Valued Member
Canada
315 Posts |
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The comments were in my opinion about why we have 8 pages of forum talk on a coin that hasn't released, and it's almost all about how much can I get, money, money,money... Not about collecting, treasuring, and enjoying. Hm. You miss your own point: coin hasn't been released yet so there's nothing to discuss about coin itself. |
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Replies: 336 / Views: 32,464 |
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Posted 01/21/2013 10:48 am
