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Nene NE NE NE NE NE NE Ne.....batman!

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Pillar of the Community
Canada
2984 Posts
 Posted 03/26/2015  2:35 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list
I got the email one month ago. I guess they have trouble selling them and are trying to reach more customers.

The problem is the high mintage of 7500. It seems anything over 1500 units have trouble selling out. The Star Trek Sets sold quickly at 1500 units but the individual Star Coins are not sold out at 5000 units.
Rest in Peace
Canada
1360 Posts
 Posted 03/26/2015  4:16 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list
I'm sorry if there was a thread a while back - but I did do a bit of a scan to see if anybody else had started anything about the Batman coin... there wasn't at the time I posted this - this morning. Why was another thread started this afternoon? No idea.

I did post it here (Canadian NCLT) only because the email I received this morning originated from the Royal Canadian Mint.

After receiving the email, I contacted my rep and asked him two question - Why so expensive (considering the original price), and why now as "new listing" of a 2014 coin... his response:

"Good morning,
You are correct on both points.
Unfortunately I do not have a say in the price.
Keep in mind that 160 USD is about 200 to 205 Canadian plus shipping
Have a great day."
Valued Member
Canada
234 Posts
 Posted 03/26/2015  4:34 pm  Show Profile   Bookmark this reply Add SolarPenny to your friends list

Quote:
It's made by the Sunshine Mint.


So how does that work? Niue commissions a Batman coin to be made then outsources the work to Sunshine Mint who makes the coins and ships them to distributors?
Pillar of the Community
Canada
3690 Posts
 Posted 03/26/2015  4:39 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list

Quote:

So how does that work? Niue commissions a Batman coin to be made then outsources the work to Sunshine Mint who makes the coins and ships them to distributors?


More like the Sunshine Mint wants to make money selling a commemorative round. They know it will sell better if it has a denomination especially if it says 'dollar' and they can call it a coin. They pay the government of Niue to issue the coin in their name.


Edited by CC-Ottawa
03/26/2015 4:42 pm
Pillar of the Community
Canada
2984 Posts
 Posted 03/26/2015  5:14 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list

Quote:
"Good morning,
You are correct on both points.
Unfortunately I do not have a say in the price.
Keep in mind that 160 USD is about 200 to 205 Canadian plus shipping
Have a great day."



If that was the case, why is the RCM selling them for $249.99 when other dealers are selling for $200 or less?
Pillar of the Community
Canada
1823 Posts
 Posted 03/26/2015  5:21 pm  Show Profile   Bookmark this reply Add yingyang to your friends list

Quote:
If that was the case, why is the RCM selling them for $249.99 when other dealers are selling for $200 or less?



Because they can charge what they like.
Pillar of the Community
Canada
2984 Posts
 Posted 03/26/2015  5:38 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list

Quote:
Because they can charge what they like.


Sure they can charge $1000 if they like but everyone is selling them for less than $200, it does not make business sense since no one is going to pay $50 more than the going rate for the coin.
Edited by MoneyPenney
03/26/2015 5:39 pm
Pillar of the Community
Canada
2019 Posts
 Posted 03/26/2015  6:00 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list
You would be surprised how many people dont look for cheaper prices else where, same as ebay , some items sell for much more then it should, its called a stupid tax, if you too stupid to shop around then you get to pay the stupid tax.
Valued Member
Canada
109 Posts
 Posted 03/26/2015  6:05 pm  Show Profile   Bookmark this reply Add jw-collectibles to your friends list
Rest in Peace
Canada
1360 Posts
 Posted 03/26/2015  8:23 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list
Stupid tax....yup !
Pillar of the Community
Canada
532 Posts
 Posted 03/27/2015  06:04 am  Show Profile   Bookmark this reply Add Fixguy to your friends list
Just wondering if anyone else noticed the quality of the picture? If you zoom in you can see they didn't even dust off the coin before the picture. If you want that much for a coin do like McDonald's and make it look perfect.
Pillar of the Community
Canada
6768 Posts
 Posted 03/27/2015  07:00 am  Show Profile   Bookmark this reply Add Silveroid to your friends list


Quote:
Just wondering if anyone else noticed the quality of the picture? If you zoom in you can see they didn't even dust off the coin before the picture. If you want that much for a coin do like McDonald's and make it look perfect.



Quote:
Now looking at the coin image (scan?) on RCM website, it looks like the frosting has been done without great quality.Many marks appear, like on the bullion coins, that delivered in the tubes.


Pillar of the Community
Canada
1528 Posts
 Posted 03/27/2015  1:03 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list
APMEX was selling these for $125USD. I got it from thecoinshoppe for $159.99 CDN. I've always though it sold out but I guess not. I did offered to sell it to RCM for $200 but didn't get any response. The coin is actually pretty good looking coin. I sold them on ebay for $220 each
Pillar of the Community
Canada
1823 Posts
 Posted 03/27/2015  1:34 pm  Show Profile   Bookmark this reply Add yingyang to your friends list
STATUS:
Awaiting Stock
Starts shipping on 30-06-2015
- See more at: http://www.mint.ca/store/coins/coin....VRWTjvnF99I

Shipping June 30
Pillar of the Community
Canada
2019 Posts
 Posted 03/27/2015  1:54 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list

Quote:
STATUS:
Awaiting Stock
Starts shipping on 30-06-2015
- See more at: http://www.mint.ca/store/coins/coin....VRWTjvnF99I

Shipping June 30


Wow, lots of stupid taxes were paid, and now they get rewarded by having to wait till June for the coin? Amazing!
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