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Canada 150th: 1967 Centennial Big Coin Series

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Looney4Numi's Avatar
Canada
659 Posts
 Posted 10/04/2016  11:40 am  Show Profile   Bookmark this reply Add Looney4Numi to your friends list Get a Link to this Reply
Gatewest is now Sold Out.
Pillar of the Community
Canada
6768 Posts
 Posted 10/04/2016  11:41 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
People were right when they said there will be a lot of stock available on public release day.


Yes, this is truth
But when supply (single coin for issue) will be dried a bit, I do expect sales for premium - 200-300 above the issue max.
Pillar of the Community
Looney4Numi's Avatar
Canada
659 Posts
 Posted 10/04/2016  11:45 am  Show Profile   Bookmark this reply Add Looney4Numi to your friends list Get a Link to this Reply
Gatewest was Sold Out for a split second. Now price is $699.95.
Pillar of the Community
CoinCanuck94's Avatar
Canada
644 Posts
 Posted 10/04/2016  12:02 pm  Show Profile   Bookmark this reply Add CoinCanuck94 to your friends list Get a Link to this Reply
The Coin Shoppe raised their price to $659 for the single goose
Edited by CoinCanuck94
10/04/2016 12:14 pm
Pillar of the Community
Canada
6768 Posts
 Posted 10/04/2016  12:10 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
The Coin Shoppe raised their price to $649 for the single goose


CAD 729.95 already

But I haven't seen them selling for issue... (might be didn't notice)
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CoinCanuck94's Avatar
Canada
644 Posts
 Posted 10/04/2016  12:11 pm  Show Profile   Bookmark this reply Add CoinCanuck94 to your friends list Get a Link to this Reply
I think they sold one at 659, and now just raised their price.
Pillar of the Community
Canada
634 Posts
 Posted 10/04/2016  12:26 pm  Show Profile   Bookmark this reply Add Electrum to your friends list Get a Link to this Reply
Kudos for Gatewest
Not so impressed by CC&C artificially spiking up price to entice more to buy whole set-
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 10/04/2016  12:30 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply

Quote:

"Note: This single coin is now priced at current market value. However, you can still get it at the original issue price of $559.95 when you purchase the complete six coin subscription set"


This is...ah...distasteful?

Firstly, 999 is not the market value. Only the market can determine a market price, not the seller alone. The seller can present an offer but until it is accepted and no other higher or lower sales exist, it is not the true "market value". IMO they are playing somewhat lose to create artificial demand.

Secondly, it is widely believed that this dealer commissioned the coins. Assuming that means they got the bulk of the mintage and that they were at least involved in setting the mintage, they have the motive and means to manipulate the market via constricted supply with what appears to be the complicity of the Government of Canada. How can that stand? How is that good for the long term success of the Mint's NCLT business line and the NCLT collecting hobby in general?

This is a the continuation of a troubling trend and IMO the Mint needs to step back from these sorts of dubious arrangements.

Pillar of the Community
Canada
634 Posts
 Posted 10/04/2016  12:36 pm  Show Profile   Bookmark this reply Add Electrum to your friends list Get a Link to this Reply
CC

Then they'll get on tv tomorrow and harp about the quick sell out and jacked up price to the gullible tv crowd - same pattern repeatedly-
I'm not a dealer for the record
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jimper's Avatar
568 Posts
 Posted 10/04/2016  12:51 pm  Show Profile   Bookmark this reply Add jimper to your friends list Get a Link to this Reply

Quote:
Then they'll get on tv tomorrow and harp about the quick sell out and jacked up price to the gullible tv crowd - same pattern repeatedly-


That is exactly what is going to happen.
He (steve) is a weasel.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 10/04/2016  12:57 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
He's smart. Buying/commissioning these coins will certainly make them a huge profit. It's the big shots that allowed this deal that are at fault.
I hope they don't allow this shady practice in the future but I'm sure they will. Without cc&c buying up so many of these coins, I'm sure the issue price would be the market value for some time to come.
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CoinCanuck94's Avatar
Canada
644 Posts
 Posted 10/04/2016  12:57 pm  Show Profile   Bookmark this reply Add CoinCanuck94 to your friends list Get a Link to this Reply
I agree with you CC-Ottawa, none have sold on ebay yet. I think CC&C is selling themselves short by raising the price to $999 already.
Edited by CoinCanuck94
10/04/2016 12:59 pm
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 10/04/2016  12:58 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
This was the same tactic used with the first maple leaf shaped coin.
Pillar of the Community
Canada
640 Posts
 Posted 10/04/2016  1:06 pm  Show Profile   Bookmark this reply Add justsilver to your friends list Get a Link to this Reply
London Coin Center has stocks on 5oz Goose Silver Dollar

Soldout 5 pcs minutes ago.

Second batch ( 4 more pcs release )

Still issue price CAD$559.95

http://www.londoncoincentreinc.com/...silver-coin/
Valued Member
onecad's Avatar
Canada
194 Posts
 Posted 10/04/2016  1:09 pm  Show Profile   Bookmark this reply Add onecad to your friends list Get a Link to this Reply
I just order the 5oz Goose Silver Dollar coin from the Canada Post web-site.
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