First Page
Previous Page
Posted 05/27/2019 9:35 pm
While I'm not terribly upset with the RCM and agree with much of what has been said so far, the bottom line is that I can no longer afford to get sucked into the hype and loose my shirt on amazingly attractive products that will only cause me to regret purchasing them in the first place.
Some of the things that have annoyed me in recent years are attempts of coercing potential buyers into purchasing subscriptions sight unseen and cancellations of series due to lower profitability without regard to the collector. Ie: Lost ships in Canadian Waters silver plated issues in favour of the pure silver versions priced at 5x the silver value. I'm sure if I wait long enough I can buy the premium coin at the same price as the plated one that wasn't produced.
Face value circulation coins in 5 or 10 packs should have been maintained rather than scrapped given the difficulty of finding them in change to registered buyers. Many of these were set aside for friends, relatives or fellow collectors. Paying double the value and HST for a specially wrapped roll does not appeal to me unless it has sentimental reasons if I plan on be keeping it for awhile and in hopes of receiving my investment in return.
Truth be told the RCM needs to make a decent profit to justify their expenses and ground breaking achievements by not alienating their best customers and blindly assuming that the public will swallow whatever line they feed them.
I really hated to sell off my early Canadian proof sets (1981-1996) for a substantial loss having fallen in love with them, suddenly realizing the perceptions of value had changed too much to make them worthwhile hanging on to.
Challenging and difficult years are ahead for the RCM if it wants to maintain a large collector base who just want to be appreciated, heard and recognized. Sadly we may have only ourselves to blame but we are not gullible experiments who will easily forget being burned.
Far too much of the hobby seems focused on monetary gains and losses versus educational benefits echoed numerous time in the past particularly during the early 1960's when silver prices escalated and demand for mint product was high.
Some of the things that have annoyed me in recent years are attempts of coercing potential buyers into purchasing subscriptions sight unseen and cancellations of series due to lower profitability without regard to the collector. Ie: Lost ships in Canadian Waters silver plated issues in favour of the pure silver versions priced at 5x the silver value. I'm sure if I wait long enough I can buy the premium coin at the same price as the plated one that wasn't produced.
Face value circulation coins in 5 or 10 packs should have been maintained rather than scrapped given the difficulty of finding them in change to registered buyers. Many of these were set aside for friends, relatives or fellow collectors. Paying double the value and HST for a specially wrapped roll does not appeal to me unless it has sentimental reasons if I plan on be keeping it for awhile and in hopes of receiving my investment in return.
Truth be told the RCM needs to make a decent profit to justify their expenses and ground breaking achievements by not alienating their best customers and blindly assuming that the public will swallow whatever line they feed them.
I really hated to sell off my early Canadian proof sets (1981-1996) for a substantial loss having fallen in love with them, suddenly realizing the perceptions of value had changed too much to make them worthwhile hanging on to.
Challenging and difficult years are ahead for the RCM if it wants to maintain a large collector base who just want to be appreciated, heard and recognized. Sadly we may have only ourselves to blame but we are not gullible experiments who will easily forget being burned.
Far too much of the hobby seems focused on monetary gains and losses versus educational benefits echoed numerous time in the past particularly during the early 1960's when silver prices escalated and demand for mint product was high.
Edited by Proof Nut
05/27/2019 9:57 pm
05/27/2019 9:57 pm
