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 Replies: 326 / Views: 53,023 |
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Pillar of the Community
Canada
5324 Posts |
These 5 coins will probably act like the 5 oz. penny version due to it's theme, who cares about 5 different versions of a smiling beaver, plus with CCC now accepts one coin payment options on the sub. Again just shows the vast dealer markups for the largest RCM dealers. |
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Pillar of the Community
 Canada
933 Posts |
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I'm guessing Canadian coin and currency is pretty reputable? I see they have these big coins for sale including the subscription with a free gift! ......I'm honestly sitting here right now,credit card in hand and don't know what to do?My heart is saying yes,but because of the $3300 price tag my mind is saying no.....oh man,I'm also a big outdoorsman and collect firearms so this a tough call.....
Do you guys think these coins will at least hold there value in time unlike the majority of NCLT Coin? I am in the same boat. The price tag is big for me, and I too am a huge outdoorsman but in regards to fishing, camping and hiking. I absolutely love the coins, the design and the mintage is low. In terms of future value. I initially thought it would go up and stay above issue for a while based on the design, mintage and quick sell out....however ebay seems to be telling a different story. http://www.ebay.ca/itm/PRE-ORDER-20...em58b4c8eab7Edited by RoyalSilver
09/03/2014 8:31 pm
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Pillar of the Community
Canada
789 Posts |
IMHO, I believe collectors who are interested in these coins will get the subscription with the wooden box. Not many people would spent 550$ and cherry pick just one of the big coins, hence individual coin won't sell as well from the beginning. Sales of individual coin might pick up when/if the subscription sold out from retailers.
And even if people cheery pick one coin in this series to buy, it would likely be the half dollar (for its uniqueness) , or the 5 cents (since who know when it will be out from circulation like the penny). But these are just my speculation.
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Pillar of the Community
Canada
6768 Posts |
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And even if people cheery pick one coin in this series to buy, it would likely be the half dollar (for its uniqueness) , or the 5 cents (since who know when it will be out from circulation like the penny). But these are just my speculation. That's me... I really do not have $3300 to spend on the coins. But something near $1000 for what I really like (5c and 50c), probably yes....I'll liquidate different stuff (all kinds of "smiling beaver") and will get 1 or 2 these 5oz'ers |
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Pillar of the Community
Canada
2124 Posts |
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CC-Ottawa
It's not difficult to control limited production numbers at all. I'm pretty sure someone at the mint can count to 350. It's not like they are making hamburgers on a grill and losing a few to the floor. Well, I said "difficult" with "" in my post so it's like if they don't want to be very strict with the control .... anyway I'm sure that if we enter the RCM warehouse we'll have many surprises.... Quote:
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Btw... do you think they throw in the trash the boxes they have in excess?
Why would they have excess custom ordered 6 slot coin boxes that hold 5oz coins? Do you really think they only ordered (from China maybe?) 300 sleeves and boxes? They have to keep at least 5% to replace all damaged items. I created a thread about a damaged sleeve I received and they sent me a replacement (now I keep both) so it's clear they have a higher amount than what they need, the same for the boxes. I doubt RCM will ask his provider just to send 1 box, the costs would be too high. This is the thread: https://goccf.com/t/161607Quote:I suppose you're free to think the RCM will do anything for sales but if they would produce more sets than they state, then I guess we shouldn't trust any mintage numbers including serialize. Who knows. there could be 5 thousand gold Supermans. 5 Thousand gold coins would be more difficult because you will have almost 3 repeated COA's (same serial number). With boxes you don't have that problem. The only way you can know if there is a place where you will register your box like NCG, PCGS, etc and you can see the total population. Quote:BTW, Taro-chan and I each have the same number COA for a coin produced by the RCM. So maybe we can't trust their numbers on anything. https://goccf.com/t/139695 Well, in fact that terrible situation only stand by my opinion, because that shows that they would have produced even more coins than the mintage. The damaged coin/COA should have been destroyed as occurs with bank notes. They only print a replacement bill when the Central Bank has received the original bank note. Edited by arianzo
09/04/2014 02:03 am
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Pillar of the Community
Canada
3690 Posts |
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Do you really think they only ordered (from China?) 300 sleeves and boxes? They have to keep at least 5% to replace all damaged items. Sorry but you are making up facts. The boxes and sleeves do not all come from China and the RCM doesn't have a 5% damage rate. That said, there are not more than 350 subs. BTW, in most cases if you return a 'damaged' sold out item, you will get a refund...not a replacement. Edited by CC-Ottawa
09/04/2014 01:17 am
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Pillar of the Community
Canada
593 Posts |
I think this series will pick up after the Superman hype.
My 2 cents.
Bought one from The Coin Shoppe,3% off good deal.
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Valued Member
Canada
457 Posts |
Personally I think for the most part the RCM keeps track of what they produce and sell, BUT! There are some glaring examples of miss counting. The ones that come to mind are the hockey loons and petro-canada quarters. I find the mintage numbers released very hard to believe. I'm sure there are others as well. I don't believe it was done as a scam, only poor book keeping. |
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Valued Member
Canada
233 Posts |
Another example is the first 20 for 20 - Maple Leaf... declared mintage of 200,000 and they reported a production of 244,000.
But anyway, besides some exemple like this, I think we can thrust them and I'm happy they finally declare the amount of boxes that will be produced for series.
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Pillar of the Community
Canada
2124 Posts |
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CC-Ottawa
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Do you really think they only ordered (from China?) 300 sleeves and boxes? They have to keep at least 5% to replace all damaged items.
Sorry but you are making up facts. That's the problem my friend. As there is not transparency, the information is not clear, we've to assume things. Quote:The boxes and sleeves do not all come from China and the RCM doesn't have a 5% damage rate. I don't care if they come from China or India, it was just to point out that it's obvious they've an Overstock. So, tell me which is the damage rate? Quote:
That said, there are not more than 350 subs. Can I know why at the Mint web site regarding the 5 oz. subscription the only information is mintage: 1500 ? http://www.mint.ca/store/coins/5-oz...prod2150101# If they use a different item number for the subscription that for the individual coins, they'd indicate the mintage of the subscriptions. Here another example with the famous great lakes: http://www.mint.ca/store/coin/1-oz....-prod1730037 |
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Valued Member
Canada
233 Posts |
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If they use a different item number for the subscription that for the individual coins, they'd indicate the mintage of the subscriptions. Mintage will always refer to the number of coins "minted". The number of subscription is another number (in this case 350). I agree they should indicate it clearly in the subscription page, but I guess it would require a website modification... so time and money. |
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Pillar of the Community
Canada
867 Posts |
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...but I guess it would require a website modification... so time and money. And let's not forget the mint's DESIRE to provide accurate information to customers! Yikes! But that would mean giving good customer service.  |
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Pillar of the Community
Canada
2124 Posts |
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TIPIT
The number of subscription is another number (in this case 350). I agree they should indicate it clearly in the subscription page, but I guess it would require a website modification... so time and money. What modification? The only they need to do is to indicate it in the coin description. Their system is supposed to be already working with the subscription mintage stock. If 350 are bought, the web page would show sold out. |
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Valued Member
Canada
233 Posts |
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What modification?
The only they need to do is to indicate it in the coin description. You're 100% right on this one, in the description would be as easy as writing it. I was thinking in adding a line above, something like: MINTAGE: 1500 NUMBER OF BOXES: 350 STATUS: Awaiting Stock STORE AVAILABILITY: Awaiting stock in store Which look very simple, but depending of how their website is designed can be not as easy as adding it. Not a big deal, but with big companies like this, website are often managed externally, etc. And [just for you Numoosematic] with a big crown corporation, I don't expect any changes,as small as it can be, to be done easily. But I agree in description would be good enough. Edited by TIPIT
09/05/2014 07:10 am
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Pillar of the Community
United States
1002 Posts |
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Replies: 326 / Views: 53,023 |
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Posted 09/03/2014 8:27 pm
