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New Releases From The RCM?

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Valued Member
Canada
78 Posts
 Posted 11/27/2013  10:29 am  Show Profile   Bookmark this reply Add snoopy to your friends list Get a Link to this Reply
I hope it won't come soon. My pocket needs time to recovery from recent release.
Pillar of the Community
Canada
5324 Posts
 Posted 11/27/2013  10:43 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
I hope the RCM will get the message of too many coins per year, you are just starting to see dealers like Canadian Coin, Canada Post, Colonial selling recent issues below issue prices. Simply too many releases
Valued Member
Canada
55 Posts
 Posted 11/27/2013  11:51 am  Show Profile   Bookmark this reply Add Josh1459 to your friends list Get a Link to this Reply
Its too bad because they really likely will not learn.
Pillar of the Community
Canada
6768 Posts
 Posted 11/27/2013  12:31 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
I hope the RCM will get the message of too many coins per year, you are just starting to see dealers like Canadian Coin, Canada Post, Colonial selling recent issues below issue prices. Simply too many releases


If I remember correctly, someone posted earlier about RCM's revenues that increased last period (quarter?year?) so one of the messages, that Mint got - continue this way and profit will be good.
In long term - it seems not good, that big distributors sells the coins below issue, but who knows, maybe even with this the dealers have also increased their profits.

I think, the Mint will continue with the production the same as it was in 2013.
Pillar of the Community
Canada
5324 Posts
 Posted 11/27/2013  1:03 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
If their dealers are starting to discount list pricing, means one thing that the product is being over produced, I have read somewhere that the RCM intends to release more issues than this year.
Valued Member
chubbycheeks's Avatar
Canada
480 Posts
 Posted 11/27/2013  1:38 pm  Show Profile   Bookmark this reply Add chubbycheeks to your friends list Get a Link to this Reply
It's like a house of cards over there. Bennett's going to try to retire before it all falls apart.
Edited by chubbycheeks
11/27/2013 4:34 pm
Pillar of the Community
MoneyPenney's Avatar
Canada
2984 Posts
 Posted 11/27/2013  2:15 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
There are so many coins at the Vancouver Mint Boutique I think there are going out of space. They will need more display cases.

Same goes with the Vancouver Main Post Office on Georgia Street which will be closing soon as they will be moving to Richmond. Maybe they will have a sale.
Pillar of the Community
kuh_85's Avatar
Canada
2366 Posts
Valued Member
Canada
55 Posts
 Posted 11/27/2013  3:52 pm  Show Profile   Bookmark this reply Add Josh1459 to your friends list Get a Link to this Reply
I read that article...seems shady!
Valued Member
chubbycheeks's Avatar
Canada
480 Posts
 Posted 11/27/2013  4:39 pm  Show Profile   Bookmark this reply Add chubbycheeks to your friends list Get a Link to this Reply
Just read it as well. Real shady...
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