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 Replies: 281 / Views: 39,153 |
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Pillar of the Community
Canada
2019 Posts |
I think the worst offenders are Mints such as the RCM , pumping out more and more coins with only profits as their main concern, obviously if they truly cared about the "hobby" they wont be trying to squeeze as much money from collectors as possible. Most RFDers are actually collectors as well as sellers, yes a few are just concerned about making profits, not unlike the RCM itself. Just because one person makes a statement doesn't mean the rest feel the same way. Plus if you never sell some of your coins through out the years and just buy coins you will have a closet full of coins you will most likely not even look at or appreciate. Edited by Northerncoins
04/21/2015 1:15 pm
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Valued Member
United States
319 Posts |
Quote:
Man is there a lot of brain dead people over at CCF what a waste of time reading over there. The author of that statement is elkslayer who is a member here.  Funny thing is, he has twice the posts here, so he must think the folks on the other forum are twice as brain dead right? Edited by PawnS
04/21/2015 1:27 pm
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New Member
Canada
13 Posts |
I collect coins, and I sell coins too.
And like most collections, the coins I collect are usually huge flops - but I don't care.
To brand all RFD'ers as flippers ONLY is pretty arrogant and naive.
Most of us enjoy collecting, but also enjoy flipping.
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Pillar of the Community
Canada
6768 Posts |
Quote:Most RFDers are actually collectors as well as sellers, yes a few are just concerned about making profits, not unlike the RCM itself. Without any offend, (and basically nothing bad in it) just the fact - the RFD collectors, that investment oriented, will collect the coins that as per their knowledge and experience might hold the value: these are example, but as we all know - nothing will hold the value at the end: Mongolian Owl, Glass Ladybug, Australian Gods, mix of the stuff. |
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Moderator
 Canada
10459 Posts |
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To brand all RFD'ers as flippers ONLY is pretty arrogant and naive. Really? Maybe it is because the RFD NCLT thread is contained within a forum called "Personal Finance"? Fair enough, the thread started in April 2012 with collectors showcasing their cool stuff from all over the world... but by May 2012, posts driven by the word "profit" are prevalent... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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New Member
Canada
13 Posts |
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Really? Maybe it is because the RFD NCLT thread is contained within a forum called "Personal Finance"? Just because RFD doesn't really have another sub-forum more suitable for the thread doesn't mean all members on that thread are solely flippers lol |
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Pillar of the Community
Canada
2019 Posts |
Hmmm I guess flippers are not the only ones concerned about "Profits" Quote:
The Mint is a for-profit Crown Corporation with a mandate to produce circulation and non-circulation coins (for Canada and other countries), manage the domestic coinage system, and provide advice to the Minister of Finance on all matters related to coinage. It also extends to the production and marketing of bullion and related refinery products and services for profit. Legislation which establishes the Mint is clear that the corporation is to conduct its businesses "in anticipation of profit". That fundamental object has shaped the history of the Mint. http://www.mint.ca/store/mint/about....VTaNJ8dXHDc |
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Pillar of the Community
Canada
634 Posts |
So...why the obsession with RCM profits...its their mandate...mandated by Parliament...why is that such a concern for some? |
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Moderator
United States
23522 Posts |
Quote:So...why the obsession with RCM profits...its their mandate...mandated by Parliament...why is that such a concern for some? Shouldn't be. It's an expectation for me of my government, that their official Mint be self-supporting and therefore less intrusive of my tax dollars. It's the ones who work towards an additional layer of profit from transitory demand who raise my ire. The most beautiful coins minted everywhere are usually NCLT. I could willingly collect them from sheer love of the design. But when/if I do, it will be either in retrospect, after the transitory profit carnivores have had their say and prices regain their true level, or brand-new from the mint. |
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Pillar of the Community
Canada
634 Posts |
I've been following this forum for a few years...but only directly participated in discussions for now 205 posts...to-date.
I find it quite pathetic to view "negative" posts.
The culprits know who I am referring to...
Its far worse on RFD but seen on this forum too -
Coin class warfare really does not contribute to any stimulating discussions.
Be critical of a design/theme/price of a coin is okay...
Being unnecessarily insulting to a collector who covets a coin you don't - brings nothing to the discussions.
The worse offenders are those who quickly, angrily and bitterly dismiss a new coin release that (in their little minds) will not result in "flipper" profits...
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Pillar of the Community
Canada
2019 Posts |
Quote:So...why the obsession with RCM profits...its their mandate...mandated by Parliament...why is that such a concern for some? dont know someone, else brought up about flippers only concern is profits , I was just pointing out the RCM is all about profits as well. Maybe they are worst actually since they dont collect coins , just sell them. |
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Pillar of the Community
United States
1026 Posts |
I don't understand the bashing either way. Both the RFD forum and the CCF 'cater' towards collectors. Perhaps those on the RFD (me included) care more about the potential value of coins, whereas here it's primarily about collecting; i.e. investment vs. hobby. I'm somewhere in the middle as I see coins as both.
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Pillar of the Community
Canada
634 Posts |
Northern...RCM is a business. All businesses are there to make a buck... Obsessing, about profits to be had by flipping RCM coins...on this forum...or more so on the other forum is/has killed off stimulating discussions on coin themes/designs...etc. On RFD...the topic is always being redirected to how much this guy made on ebay versus another guy...and so on and so on...blah...blah...blah...  Edited by Electrum
04/21/2015 2:36 pm
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Pillar of the Community
Canada
2019 Posts |
Quote:Obsessing, about profits to be had by flipping RCM coins...on this forum...or more so on the other forum is/has killed off stimulating discussions on coin themes/designs...etc. I didn't bring it up , was just replying to another statement from another member about profits. Plus you cant just live in La La land and ignore other aspects of the "hobby" but to each their own I guess. |
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Pillar of the Community
United States
1026 Posts |
Just FYI - gold coin now shows as awaiting stock.
It will probably become available again for a short period of time because of order cancellations.
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Replies: 281 / Views: 39,153 |
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Posted 04/21/2015 1:23 pm
