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 Replies: 294 / Views: 46,913 |
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Pillar of the Community
Canada
798 Posts |
In my opinion, if you are re-selling RCM product ... you'd be incredibly lucky/sagacious to break-even on your venture. I know many dealers who can't move product and have been taking losses over the past few years. Absent a strong move in the silver spot price, I'm not sure what else will breathe life into this market again. |
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Valued Member
Canada
70 Posts |
"you'd be incredibly lucky/sagacious to break-even on your venture"
Or to work for the Mint or to work in conjunction with the Mint!
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Pillar of the Community
Canada
6768 Posts |
Quote:
"To set the price $1-$2 less for $100 isn't undercut." What extraterrestrial world do you come from? Selling for One penny less than onyone else is undercutting!
The mint charges PST on top; bless MWarios heart for not charging taxes and to pay the government out of his own pocket, or does he?  who really cares? That seller and some more (the ones who usually makes pre-sales for the price close to issue), they take care for the "small people", who don't have any connections, and hence we can get the coin, despite all RCM regulations / limitations. |
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Valued Member
Canada
70 Posts |
"who really cares?" How about Concerned Canadian Tax Payers who may be wondering how an ebay seller can get coins that no one else can and sell them for less than anyone else can and ship for free around the world when everyone knows CanadaPost rates are not the cheapest and charge no taxes when their sales are obviously over $30k per quarter. When JGG states that "you'd be incredibly lucky/sagacious to break-even on your venture". MWario's business model shows no opportunity for profit only an opportunity for the Mint to move product underground, keep prices low, eliminate the secondary market and for one Saint of an ebay seller to avoid paying tax, bless his heart! |
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Pillar of the Community
Canada
6768 Posts |
Imho, Canadian (and others) concerned tax payers shouldn't wonder..just pay the tax Let the people ask questions and think (oh do they really think?) - nothing will be good. Mint issueing UFO coin without consulting with anyone, it projected to be rare, powerful sellers like Mario get the coin for us, asking initially $10-$15 on top (effort should be paid off). What doesn't right here for us?  |
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Pillar of the Community
Canada
1571 Posts |
There is no tax to pay on this coin,as its pure silver
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Pillar of the Community
Canada
5324 Posts |
I think he or she is referring to Income or Capital Gains Tax, or loss on 99% of sales
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Pillar of the Community
Canada
798 Posts |
There is a seller on ebay that has '500 pieces available'. How is that possible? Was there a maximum dealer allotment? |
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Pillar of the Community
Canada
5324 Posts |
They could have commissioned the coin
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Pillar of the Community
Canada
640 Posts |
This ebay seller has 20pcs available. [URL="https://postimages.org/]  [/url][URL="https://postimages.org/]image hosting over 2mb[/url] |
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Pillar of the Community
Canada
798 Posts |
In the description it says 500 available. Maybe they have a selling limit. I know my selling limit is somewhere near $50,000 or so ...
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Valued Member
Canada
291 Posts |
Selling limits increase depending on the amount of business you do, your past feedback and the monthly fee paid for your ebay store. Plus, buy-it-now with multiple available works as one post not many. |
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Pillar of the Community
Canada
640 Posts |
CA has 4 pcs available for CAD$649.95 each [URL="https://postimages.org/]  [/url] |
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Pillar of the Community
 Canada
541 Posts |
falcon lake UFO coins are still selling in the plus 500 range but most of the sales have been at issue price from the RCM or post Office and the initial orders from the big coin stores which have sold out except for this 4 coin supply at COL Acres and of course they are charging big bucks now..Pretty soon... god knows when....more of the the orders will be arriving from the post office and RCM and then ebay will be flooded with lots of less expensive options. I think as stated previously that the coin will go to around 350 and stay there for awhile...but right now a few are selling every day on ebay for over 500.00..Im waiting for my post office order ..the lady said they would be shipping soon..ha ha |
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Valued Member
Canada
70 Posts |
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Replies: 294 / Views: 46,913 |
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Posted 04/15/2018 9:19 pm
