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 Replies: 22 / Views: 3,096 |
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Valued Member
291 Posts |
Quote: Do any serious numismatists actually collect all the frivolous "commemoratives" issued by the RCM? I don't collect 'em all but occasionally there are some that interest me. Normally I'll buy them on the secondary market, where the price is usually less than the RCM. |
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Pillar of the Community
Canada
3690 Posts |
Quote:
Do you think these organizations get a kickback for the coins ie like the hockey loonies like my logo or the CFL ones this year? Interesting question. In the 2009 annual report, the RCM had intangibles on their balance sheet at a cost of $15M. For FY2009, they recorded $5.9M in amortization expense relating to these intangibles. From the F/S notes : "Intangibles consist solely of rights to use certain trademarks and logos associated with a particular contract." So, the answer to your questions is, yes. Organizations are paid for the use of their trademarks and logos. |
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Pillar of the Community
 United States
2448 Posts |
I have to agree with those that enjoy and collect these types of NCLTs. I also get them, what few there are, off the secondary market. If I remember correctly, the RCM is one of the few mints that actually makes a profit. If that money goes back into your general fund or to make more coins (even better) why would one care if a trademark holder is compensated? The only real downside would be that the RCM would be stifling the growth or destroying their private industry competitors. I'm sure many a private coin or token minting company have approached sports franchises for the right to produce memorabilia. I doubt any private company can compete with the expertise and ability of the RCM.  |
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Pillar of the Community
Canada
5324 Posts |
cc ottawa, if you found the vin dash for a 001 shelby 1966 mustang it would probably sell for 200000 dollar without the rest of the car. kind of like a real cool error coin or 1911 dollar
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Pillar of the Community
Canada
3690 Posts |
Not exactly. If is was a 1966 mustang with a dash that had the speedometer installed in the middle by factory, then is would be a really cool error.  But I still wouldn't actively collect it. Not my thing though those '60s and '70s Mustangs were cool. All I was trying to say was that those who collect commemoratives are every bit "serious numismatists" as those who collect errors, or circulation or toned or notes or any other type of currency. Edited by CC-Ottawa
09/03/2012 11:50 am
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Pillar of the Community
Canada
9866 Posts |
Is HB on the Voyageur dollar's bundle a promotion for the Hudson's Bay Company?
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
3692 Posts |
= For the same reason that Quebec politicians are threatening to close a deal for a new hockey arena and franchise in that province just to get votes. It's Canada, deal with it, eh! By the way, hockey players make way too much money and don't do it for the love of the game, IMHO. It's a hockey hostage situation.
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Pillar of the Community
Canada
1700 Posts |
https://goccf.com/t/128283As I mentionned in this post, the coins such as War of 1812 and Navy Centenial are not only for advertisement but also for patriotism education. It gives younger people interest on these topics and spending your money on educating young people is not a bad idea. Coins like Parks Canada or even Grey Cup should have been paid by individual agencies. You should not worry about your money paid as tax. Plus, if you augment the value of these rolls and sell perhaps 2 of them, your money, if you really do worry about your paid tax. Not all your paid proceeds to minting. Maybe even less than 0.1% proceeds there. There are far more important things that the government uses the taxes for.
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Pillar of the Community
Canada
1700 Posts |
Coins such as Navy, War 1812, and Terry Fox are sonmetimes a good format of education, better than brain washing. (In China or North Korea, instead of putting historical events onto coins, nationalism education is done every morning by singing national anthem and listening to the radio annoncing historical heros, etc.
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Pillar of the Community
Canada
3692 Posts |
There's only one problem with that, though. Canada wasn't Canada in 1812. It was still a British colony, so patriotic to who, exactly?
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Pillar of the Community
Canada
1700 Posts |
Quote:
There's only one problem with that, though. Canada wasn't Canada in 1812. It was still a British colony, so patriotic to who, exactly? Seems to me that the point is: without the brave pople who fought for Upper Canada and other British Colonies, the border at latitude 49 would not be there. Canada would not be, or at least not as big as right now without these who fought for Britain. Many people who fought in this war were first nations. Therefore, it is generally the border that was important, even for today. |
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Pillar of the Community
Canada
2366 Posts |
Well, I like circulation, NCLTs AND errors! All for different reasons. I'm also a fan of the 49th parallel!
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Pillar of the Community
Canada
1581 Posts |
Quote:
Canada wasn't Canada in 1812. It was still a British colony, so patriotic to who, exactly?
The Dominion didn't exist. But, it was called Upper and Lower Canada, then the Province of Canada, and then the Dominion of Canada. There were UC circulating copper tokens celebrating Sir Isaac Brock, officially "The Hero of Upper Canada". One design is recreated: http://www.mint.ca/store/coin/fine-...-prod1520002"The unanimous Declaration of the thirteen united States of America," (Declaration of Independence). Notice "united" not "United" The USA started as weak confederation of 13 colonies acting more like individual countries than a strong central government nation. So, it wasn't the USA? |
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Pillar of the Community
Canada
3692 Posts |
I'm just saying that there are anachronisms everywhere and we're viewing past dealings with a modern mindset. I mean, define "Europe", it's not even a continent/separate land mass. Borders are imaginary lines. Just look at the eastern provinces and most of the western United States - they look like last-minute homework by a cartographer - just boxes and straight lines and they have very little to do with natural boundaries like mountain chains and rivers (with some exceptions). Coins can have images of "heroes", but they never actually explain any of the history, is what I'm saying.
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Pillar of the Community
Canada
1581 Posts |
The most ironic thing about The War of 1812:
It DESTROYED the militia myth in the USA. They realized they needed a standing army. Their militia invasions were mostly a complete joke, and they couldn't defend Washington DC.
It CREATED the militia myth in Canada. Why did we need a standing army when our militia beat the fearsome USA? The Canadian militia was allowed to take credit, when in fact it was mostly the British.
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Replies: 22 / Views: 3,096 |
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Posted 09/03/2012 10:41 am
