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Ontario Lake Deal

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Valued Member

Canada
246 Posts
 Posted 07/10/2014  11:11 am Show Profile   Bookmark this topic Add Mlalonde1977 to your friends list Get a Link to this Message Number of Subscribers
http://www.silvertowne.com/p-23745-...-in-ogp.aspx

Well, another sell to prove that the RCM saturated the market...
Pillar of the Community
Canada
6768 Posts
 Posted 07/10/2014  11:36 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
The same - Lake Superior

And they ship free (mentioned in the offer)
Valued Member
Canada
246 Posts
 Posted 07/10/2014  11:50 am  Show Profile   Bookmark this reply Add Mlalonde1977 to your friends list Get a Link to this Reply
29% off... Good deal...
Valued Member
R4mn33k's Avatar
Canada
204 Posts
 Posted 07/10/2014  11:54 am  Show Profile   Bookmark this reply Add R4mn33k to your friends list Get a Link to this Reply
They have all 3 lake coins, out of which the lake ontario is on further sale at $85, others are $90ea (creditcard/paypal) so $282.46 CAD vs $345 CAD from the mint.
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 07/10/2014  12:04 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply
Ya this is exactly why I cancelled my sub to the lake series.Since I have the box I can fill in the extra spots when the coins go on sale.
Valued Member
chubbycheeks's Avatar
Canada
480 Posts
 Posted 07/10/2014  12:33 pm  Show Profile   Bookmark this reply Add chubbycheeks to your friends list Get a Link to this Reply
This really looks like the end for the RCM. I think reality will hit them a lot sooner then I thought it would. With discounts this deep will dealers continue to order from them? I guess I'll be finishing my set at the end of the series they might be further discounted.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 07/10/2014  1:11 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Also, the cardboard set boxes they're giving out these days for subscribing through them aren't worth it. Some of the older wood ones were really nice and made it worthwhile paying more for the coins.
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 07/10/2014  1:36 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
Also, the cardboard set boxes they're giving out these days for subscribing through them aren't worth it. Some of the older wood ones were really nice and made it worthwhile paying more for the coins.


I agree, I don't even consider a sub now if it has the crappy cardboard box. thankfully the great lake series has a decent wooden box with the set.
Valued Member
Canada
246 Posts
 Posted 07/10/2014  1:52 pm  Show Profile   Bookmark this reply Add Mlalonde1977 to your friends list Get a Link to this Reply
Maybe the end of the fear about the collapse of the financial market VS the demand of gold and silver is another reason why the maket is going down... Also, the spot price VS the price who go up and never go down for NCLT is another good reason for the lowest demand... And with all the offer the RCM has with monthly release is far too much with the market and all the other mint around the world who try to sold their coins...
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 07/11/2014  07:28 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
The Mint made too many of them (10,000) for the market to absorb for a niche coin. I doubt many people outside of the Great Lakes region were truly interested in these coins.
Pillar of the Community
Canada
6768 Posts
 Posted 07/11/2014  10:01 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
I doubt many people outside of the Great Lakes region were truly interested in these coins.


Average people outside of North America (i mean without having a deep knowledge in geography or these who didn't read some books) do not know about existance of these Lakes. And this is OK - each one with it's own knowledge, but yes, RCM' mistake to mint too many.

IMO, for some specific coins, better to issue them within subscription only - the demand will be higher.
Pillar of the Community
Canada
871 Posts
 Posted 07/11/2014  12:13 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
What a shame? I almost subscribed to a subscription and now look at what's going on? The RCM needs to adjust their pricing.
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Canada
1461 Posts
 Posted 07/11/2014  5:58 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
I would guess these are USD prices and the shipping is free within the US.
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Lostwords's Avatar
Canada
1528 Posts
 Posted 07/11/2014  6:35 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply

Quote:
I would guess these are USD prices and the shipping is free within the US.


Price is in USD but shipping is free to Canada as well
Pillar of the Community
United States
3789 Posts
 Posted 07/13/2014  2:03 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
I saw this yesterday when I was looking for that black rhino silver coin and I was thinking,, and these are just random thoughts, thinking out loud...

1- a good sale if you wanted this series, if you are a collector this a good sale

2- dont be surprised if they are having trouble selling these, that down the road, prices drop even more on this series....since what is cheap usually becomes cheaper...

3- there should be no rush to add coins, as prices continue to drop....

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Lostwords's Avatar
Canada
1528 Posts
 Posted 07/13/2014  8:14 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply
Yup.. Which black rhino? The one from nzmibt?
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