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 Replies: 86 / Views: 7,875 |
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Valued Member
United States
134 Posts |
The limits for MCs were raised a couple of years back.
I believe it used to be at least a couple of hundred dollars lower.
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Pillar of the Community
Canada
2426 Posts |
Just a thought...with the release of the BoC Hoard the Mint welcomed a few extra thousand MC Members!
What do you suppose will happen to these few extra thousand members come february or march of 2014?
My belief is that there will be a few thousand less MC members bringing the numbers back to where they originally were before the Hoard sale!
Any thoughts are welcome...
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Valued Member
 Canada
246 Posts |
My source came from the RCM... And for the mintage et the people who are not MC, my suggestion was that MC should continue to get their advantages, but the first week before public release, a limit should be like that : For a mintage of 5000 = 1, 10 000 = 2, 15 000 - 30 000 = 3 and orver 30 000, not limit... With this kind of limit, everybody will have a chance to get the coins they want... Now, even MC members dont have the chance the get the coins they want, it's a big problem because to much people act like re-seller... If you want to be a re-seller, do a business and make it for linving but not to make money on the back of others... |
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Valued Member
Canada
299 Posts |
Isn't the memebership postponed to whatever date you bought your last coin ? It's not 1000$ a year, it is 1000$ once and then you stay MC, no ? Every purchase later prolongs it, no ?
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Valued Member
Canada
189 Posts |
Quote:
The limits for MCs were raised a couple of years back. The limit has been $1000 for as long as I can remember. They changed the format a few years ago from $1000 per year to $1000 per 12 month period. You can upgrade your status at any time now by making a big purchase. Previously you had to wait till January 1 of the upcoming year before becoming a MC member. Memberships ran from Jan 1 - Dec 31. They now run for a 12 month period. |
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Pillar of the Community
Canada
2426 Posts |
@Mlalonde1977...if you have ever sold anything for a profit then welcome to the club
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Valued Member
Canada
246 Posts |
Oh and by the way, for the limit, after the first week to the public release, no limit... So, everybody will have the chance to get the coins they want... I think the RCM has to be fair with the people who collect the coins and not encourage the flipping... It's a question of time, because if you have to pay the double price everytime a coins is getting popular on the secondary market, in the long term, the RCM will loose customer. I collect coins since a couple years ago, and it's the first time I think to stop collecting... |
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Valued Member
Canada
246 Posts |
@darryldarryl
I never flip a coins... The only reason I'll sell coins it's because I do not want it anymore in my collection...
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Valued Member
Canada
72 Posts |
A noble thought Mlalonde. As long as coins sell, the Mint doesn't care who buys 'em. The faster the better.
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Valued Member
United States
134 Posts |
I have been an MC member since inception.
I believe at that time, the qualifying limit for Canadians was different from Americans.
Canadians were at $999.99 and Americans were at $799.99.
A couple of years back they raised it to $999.99 for everybody.
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Valued Member
United States
134 Posts |
I have been an MC member since inception.
I believe at that time, the qualifying limit for Canadians was different from Americans.
Canadians were at $999.99 and Americans were at $799.99.
A couple of years back they raised it to $999.99 for everybody.
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Valued Member
Canada
189 Posts |
Quote:
It's not 1000$ a year, it is 1000$ once and then you stay MC, no ? Every purchase later prolongs it, no ? As long as the total of your purchases during the previous 12 months are at least $1000. If you go under that limit, you're out. But you can get back in by bringing your 12-month total back to $1000. |
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Valued Member
Canada
299 Posts |
Ok, I see what you mean there :)
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Rest in Peace
Canada
1360 Posts |
mltung was correct - at inception, it was $999 per year to be Master Club Member. And yes, you have to maintain $1000 or more every 12 months to maintain that status. It's got easier in recent years. Back in the beginning, you could buy both $100 and $200 coins, and still not break the $1000 mark.
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Pillar of the Community
Canada
2984 Posts |
Quote:
As long as the total of your purchases during the previous 12 months are at least $1000. If you go under that limit, you're out. But you can get back in by bringing your 12-month total back to $1000.
In other words, you don't start back at zero when your 12 month period is up and your limit falls below $1000. Suppose it is at $900, all you need to do is spend another $100 to bring your account back to MC status. Is this correct? |
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Replies: 86 / Views: 7,875 |
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Posted 03/28/2013 8:17 pm
