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 Replies: 555 / Views: 40,078 |
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Pillar of the Community
Canada
706 Posts |
O that's not good.
I bought the sub and intended to get every coin. I'm cancelling my subscription then.
Im very OCD about packaging.
Ill buy them one by one lol somehow.
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Pillar of the Community
 Canada
2984 Posts |
If you want individual boxes, subscribe to them from Canadian Coin & Currency.
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Pillar of the Community
Canada
706 Posts |
That's who I subscribed with. They will give individual boxes with the sub? If so, I'm sticking with them.
Im so confusedl ol
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Pillar of the Community
Canada
2984 Posts |
Quote:
That's who I subscribed with. They will give individual boxes with the sub? If so, I'm sticking with them.
Im so confusedl ol After further study, CC&C is following the same policy as the RCM: no individual boxes with subscription. So unless you buy the coins separately you won't get individual boxes either from CC&C or the RCM. |
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Pillar of the Community
Canada
706 Posts |
That's the thing that doesn't make sense. It's almost as if you're being punished for subscribing to the coin series, despite the fact you're being a loyal customer and making a bigger $ purchase than someone buying a single coins. By not providing single boxes, it absolutely kills any resale value of these coins as you can't sell them separately without boxes. :/ The whole thing is just backwards and doesn't make sense...as with everything at RCM. It costs the Mint how many cents of a $500+ coin to produce a clamshell and paper box. It's such a shortsighted decision that will repel people from the subscription. They should provide clamshell boxes for ALL coins and provide the wooden case as a BONUS. If they want to prevent people from signing up for the sub and cancelling just to get the free box, give it out with the 6th coin. I wouldn't mind that. Anyone with me? :D Edited by wilsonwu89
09/29/2016 05:01 am
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Pillar of the Community
Canada
6768 Posts |
 I agree, and for sure it has to be Wooden Box as a bonus and not substitution. At least for the expensive subs. (the cheap ones, like 1/2oz O Canada - it more or less ok) If you think, that you will be able to resell the Goose without OGP - get this coin , and then cancell the sub. Do this to RCM / dealer, and do net let them cheat on you. You might will be asked about cancellation reason, tell about individual boxes, and could be - you will get them. |
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CCF Master Historian of USA Commemoratives
 United States
12281 Posts |
I think the approach to packaging that the RCM is following for this (and other) series makes perfect sense from their perspective and does not mean they are out to "cheat" or "punish" any of their customers. From their perspective, it needs to be assumed that the majority of subscribers intend to complete the series. This needs to be done to ensure appropriate inventory levels are maintained for all subscribers. In such a case, it makes perfect sense for them to provide one overall case for the series of coins/medals and use simpler packaging for the shipment of the individual coins/medals. It saves them money on production (and likely shipping) and avoids having collectors accumulate unneeded cases. Many (most?) collectors who are looking to complete the subscription would not want all of the additional packaging - the individual clamshells just become something else to store. The RCM is not in the business of making it easy for its customers to re-sell its products (at the expense of the RCM). Its business is to strike and sell coins at a profit. The saving of costs through simple (but secure) individual packaging and providing one nice case for a subscription makes good business sense IMO. I know this won't be a popular viewpoint, but it is the reality for a for-profit business. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
2845 Posts |
Quote:
From their perspective, it needs to be assumed that the majority of subscribers intend to complete the series. This needs to be done to ensure appropriate inventory levels are maintained for all subscribers.
This makes good business to me as well. I'm not clear on why others might expect that the Dollar be more in demand to collectors than the full series considering the mintage of each is exactly the same. One of the reasons that's been mentioned is there's lots of Silver Dollar collectors out there. If this refers to circulation silver dollars, they were issued only for 28 years, 1967 being the final. While I don't know that such a survey has ever been done, I'd bet that silver dollar collectors at some point move on to also collect other denominations as well otherwise it makes for quite a low volume collection. Aside from that, as circulation silver dollars don't come in clamshell cases. Therefore in order to display or store a circulation silver dollar collection some type of coin holder, binder or box is required. One single 5oz coin added to a set of 36mm SDs makes for somewhat of an albatross situation. Likewise for those who collect NCLT dollars...is it likely that's the only type they collect? If so, how reasonable would it be to expect that niche drive up the price of a 5 oz SD to $1000 or $2000, given that's almost worth more than the entire cost of an NCLT SD collection The price increase of the renewed 2 oz Voyageur has been mentioned as well. Considering the manner of RCMs release was known to be lacking, it seems to me the price was in part driven upwards by existing and upcoming MC members who missed out, who's intention is to complete the full series in the future. As the 5oz Big Coin series is not a MC release, in my opinion it's a bit like comparing apples and oranges. The appeal Is in the full 5oz set, not just one, because it becomes a collection unto itself as each coin is released. Just in my humble opinion, discussion of how to quickly turn a profit on new RCM releases is not 'collecting' nor a hobby and turns more readers of this forum away from buying NCLT than it attracts. |
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Valued Member
Canada
354 Posts |
I think I read something on another thread or forum that a dealer was offering a discount if you wanted full the subscription. That makes sense to me. How many people were discussing they would take the subscription, get the first coin and the case, then cancel. Talk about sticking it to someone, isn't that sticking it to RCM? How many top level MC members ordered then got the extra free coins too? Would they be some of the same one's complaining about not getting the singles cases with the subscription? Edited by rjlavoie
09/29/2016 12:00 pm
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Rest in Peace
Canada
1360 Posts |
Quote:The RCM is not in the business of making it easy for its customers to re-sell its products (at the expense of the RCM). and this is what provides the most disgruntled members of this and the other forums. The RCM doesn't expect everybody to try to sell their coins after receiving them. They expect people to collect them - themselves. |
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Pillar of the Community
Canada
6768 Posts |
I made my assumption for the popularity of the Silver Dollar only (and may be the Penny), on basis of: 1.Believe me, not a few bought extra sub, to try to re-sell Dollar and to cancel the sub. The floating single coins will reduce their value and value of all the set except the SD. 2. Personal appeal with budget calculations: These commisioned Big coins becomes "too much", not fresh theme, so spending $3000+ on the sub will be unnecessary, while to choose one coin for CAD 550 - will be OK. Added: Although I still thinking that this incorrect from RCM side to not to send single packaging with the sub, I will add that RCM do not care, what the people will do with the coins: collect them, re-sell or use as Monopoly-money. Edited by Silveroid
09/29/2016 1:50 pm
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Pillar of the Community
Canada
2984 Posts |
Not everyone can afford or want to buy the entire set. I believe some singles will be worth more than others. Again, the analogy with hockey card sets. Some singles are worth more than others. Individually, singles are worth more than the set. Just be the first in the series will make it more valuable than the others. Look at it this way, if you want only one or two coins, will you buy it without the single box/clamshell or COA? |
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Pillar of the Community
Canada
2845 Posts |
Quote:
2. Personal appeal with budget calculations:
These commisioned Big coins becomes "too much", not fresh theme, so spending $3000+ on the sub will be unnecessary, while to choose one coin for CAD 550 - will be OK.
This assumes the 5oz Big Coin is going to be the one and only commemorative 1967-2017 that will be issued by RCM. It's only September 29, 2016, the bell for 2017 has not yet rung. If a 1967-2017 Special Edition silver proof set (normal size) is released in 2017, gold-plated or not, it will certainly be priced far less than one Big Coin at $550 or more. Unless a collector is already collecting 5oz coins, I would think a lower cost Proof Set that aligns in size will become a hot seller, rather than one single Big Coin. And RCM would be absolutely foolish not to capitalize on the 50th anniversary of the 1967 series. One of the principles of marketing is to feature items of limited appeal sooner rather than later. If we are to believe the Big Coin set is the one and only, then RCM has forecast only 2,150 collectors are interested in a commemorative version of the 1967 series. While RCM has its faults, I cannot believe it's that far out of touch with the coin collecting community. |
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Pillar of the Community
568 Posts |
When mine arrive from the mint, I'll be putting them up for sale on my store. Price yet to be determined.
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Pillar of the Community
Canada
1027 Posts |
This year there definitely is a change with the subscription for the Big Coin Series. Now CC&C is doing exactly like the RCM is doing. The wooden box comes with the first coin for this series. For the last two big coin series, CC&C issued the coins in the original packaging with clamshell and graphic sleeve and then sent the wooden box at a later date. NO LONGER! To get to my point: "No one will be able to screw RCM or CC&C by ordering the subscription and thinking that they will receive the packaging with the first coin. Hope this ends the conversation about the silly idea of ordering the sub and then getting the Goose Coin and then cancelling. Better cancel now if you are looking for clamshell and graphic beauty box. Edited by New1954
09/30/2016 08:56 am
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Replies: 555 / Views: 40,078 |
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Posted 09/29/2016 01:19 am
