Exclusive Master Club Renewed Silver Dollar #2 - Library Of Parliament

@justsilver

I agree that that the RCM cannot satisfy all customers.

They should at least satisfy MOST of the ones they do have who spend lots of $$$$$$$'s with them and they can't even do that.

I believe what is happening is that the website operators and the actual physical staff at RCM are separate entities and they are starting to clash.

I have on numerous occasions caught so many errors on the "copy" description) of items being sold. I send the question and the website's reply is ("good catch"). Seriously if the website can't even get the wording right, how on earth can they manage to get the sales ordering right?

The whole intent of this coin was to reward the best customers, the intent was right with the reps being a hard limit of one to the first few tiers, then for some stupid tech error they release onto their web with no limit, started to cancel some doubles orders and created this sad taste to many high level mc. As mentioned this is a special reward coin just mint the magic number and offer it only to your higher mc and no dealer allocation. in the end it's the RCM's own mishandling that created grief for so many.

If the final selling price is the same, I would imagine the mint would rather not split the profit.

RCM sells wholesale by large volume to dealers at whatever price RCM deems is profitable. Wholesale prices are always lower than. retail prices. RCM reduces expenses - cost of sales (rep) fees, ordering, packaging, shipping etc, by filling deliveries of 100 or 1000 items in one box as opposed to a sales force selling to 100 or 1000 customers.

I can understand why customers want to buy NCLT from wherever they feel their business is most valued, but RCM is still manufacturing it and profiting from the sale, regardless of where it's bought from. RCM does not compete with dealers, they supply them.

Canada Post is the RCM's largest client. I, too, have seen the markup sheets. It states 15%.

I may be wrong, but what I think is that the 15% goes to the CanadaPost dealer, (I know someone who has a CanadaPost outlet, so the coins he sells, he gets 15% for most of them). But then there is also CanadaPost itself, who probably gets a share too out of the sales, so basically theres 2 entities between RCM and consumer through Canadapost. Coin goes from RCM, to CanadaPost, to Dealer, then to consumer. As compared to private dealers where it goes from RCM to dealer to consumer.

@moneypenney

You are probably right. Canada Post Corporate head office probably gets 30% and its postal outlets get only 15% markup.

I don't believe Canada post corporate gets a better price than any other dealer..if you have shopped their site lately they don't carry every coin the mint produces..they pick and chose what to carry. as do the postal outlets, they can order coins that corporate does not carry.. also the mint will take certain coins back..from certain dealers..ie.. the gingerbread man 20 for 20$, it came back in stock because they had a dealer return a large volume of them.. so whatever they are doing.. it is most likely trying to keep their biggest dealers happy..i am sure they can all work the system to some extent.. weather it be an authorized discount or no we will take it back..