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Replies: 57 / Views: 5,806 |
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Pillar of the Community
Canada
981 Posts |
To become an RCM dealer you have to take most of their coins whether you want them or not if I had an actual retail store I would consider it but most coins from the mint are not worth reselling. 20000 is just a joke
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Pillar of the Community
1007 Posts |
I can't beleive you guys thought he was serious. Lol
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Valued Member
United States
337 Posts |
Just ordered mine! Thanks everyone for the alert that these were available.
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Pillar of the Community
Canada
6768 Posts |
Quote: 20000 is just a joke I thought it was serious. Maybe not 20000, but at least 1.000 coins. Quote:To become an RCM dealer you have to take most of their coins whether you want them or not Didn't know about this fact, thanks for clarifying.
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Pillar of the Community
Canada
2984 Posts |
Quote: Limits mean nothing it is too easy to get many of these new coins from different places by the way Canada post is now sold out so this will be a popular coin in my world What?! You mean you can't order from the post office anymore? I was planning to go today to order some today.
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Pillar of the Community
Canada
981 Posts |
Yes read on other forum Canada post unable to order any more
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Pillar of the Community
Canada
3733 Posts |
went into my postal outlet today, and they have a double order, supposedly for feb, they have no idea if they will get them all. and it will be first come first served. with no coins being put aside for anyone.. guess we will see..
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Pillar of the Community
Canada
2984 Posts |
Time to open multiple accounts at the Mint for Tuesday's opening to the public. This will be a hot coin. I predict a sell out in one or two days.
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Valued Member
 Canada
189 Posts |
I hope the value goes up, I already purchased 3
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Pillar of the Community
United States
2543 Posts |
Just remember, they are not silver, they are cupro-nickel, so they have zero intrinsic value. And we are coin nuts, very excited , on a coin collectors forum, absolutely no oneI know in the " real " world has ever even heard of these. That being said, does anyone know what the RCM shipping charges are to the states.? Don't know if I should buy them from the mint or in the after market.
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Pillar of the Community
Canada
1528 Posts |
I only order 3 and I am ok with that. If I come across some in P.O then I may consider picking them up but not for keep
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Pillar of the Community
Canada
590 Posts |
First one on ebay sold for $53.83: http://www.ebay.com/itm/29085446352...refresh=trueNot a huge profit, around $20. Still more than a 50% profit is not bad. Will be interesting to see if this price trend continues. Hard to say, most people don't even know the second coin has been released. Presales are often risky.
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Pillar of the Community
Canada
1581 Posts |
Plus $20 for shipping. Minus fees and actual shipping costs.
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Pillar of the Community
Canada
981 Posts |
His fee for that would be about $8 for ebay and paypal combined
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Pillar of the Community
Canada
590 Posts |
For those who think flipping coins on ebay is easy, this how it breaks down: Selling price: $53.83 - ebay fees (9%):$4.84 - Paypal fee:$1.88 = $47.10 Shipping price: $19.99 - ebay fees (9%):$1.80 - Paypal fee:$0.70 = $17.49 $47.10 + $17.49 = $64.59 minus the original price of the coin = $30.70 minus shipping (profit)= $18 - $21 (depending on location) minus your time to create the auction, time to package and ship = not a huge profit / hours invested. It works out better if you have more of the same item, like 10 or 20 coins. Then your margins increase. But to flip one coin, not worth it. But if you are limited to three and keep one flipping only two, you basically get one coin for free. Still worth flipping.
Edited by Dooby Rak 02/02/2013 11:29 am
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Replies: 57 / Views: 5,806 |