Legacy Of The Canadian Nickel (2015 Subscription) - Page 6

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Author	Replies: 79 / Views: 13,491	Page: of 6

MoneyPenney Pillar of the Community Canada 2984 Posts	Posted 09/08/2015 5:46 pm Quote: Even though it's a good price for collecting these coins, I called a local larger coin retailer and they offered to buy it for $300, since they don't have any in stock. Local coin dealers will NEVER offer you issue price, catalog value, or current trends for ANY coin no matter how hot they are. Businesses are to make money, ie. buy low, sell high. Don't forget dealers get a discount from the RCM or coin wholesalers so they are not going to offer you much if you just walk in the front door. Edited by MoneyPenney 09/08/2015 5:50 pm Report this Post to the Staff
john100 Pillar of the Community Canada 5324 Posts	Posted 09/08/2015 6:41 pm We all agree that dealers deserves to make some profit on all stuff they sell or how are they to make a living, but to have almost every RCM issue to be half value instantly why would anyone purchase any future releases at issue prices. Almost every large RCM dealer is now offering discounts, watch the September TCNC auction it will give you a good idea where NCLT prices are heading. There is nothing really hot this year. Report this Post to the Staff
Northerncoins Pillar of the Community Canada 2019 Posts	Posted 09/08/2015 7:18 pm Quote: We all agree that dealers deserves to make some profit on all stuff they sell or how are they to make a living, but to have almost every RCM issue to be half value instantly I guess most dealers know that these coins "could" and "do" drop in value, no point in taking that chance and paying even close to issue if they don't have to. Report this Post to the Staff
Petersun Pillar of the Community Canada 1700 Posts	Posted 09/09/2015 01:23 am The US Mint has prices that are, in my opinion, a lot better. At least as a consumer I would say that. It's a bell curve correlation between the price and profit, not what I know much about, so I can't speak from a dealer's perspective to say if the American system helps them make more money or if the Canadian system is still good. Report this Post to the Staff
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