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Tsc - Coin Show With Steven Bromberg

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Valued Member
Canada
155 Posts
 Posted 08/05/2021  10:31 pm  Show Profile   Bookmark this reply Add fillurboots to your friends list Get a Link to this Reply
12% back your still taking a loss on RCM coins when u go to sell them,lol.
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Looney4Numi's Avatar
Canada
659 Posts
 Posted 08/06/2021  12:27 am  Show Profile   Bookmark this reply Add Looney4Numi to your friends list Get a Link to this Reply

Quote:
12% back your still taking a loss on RCM coins when u go to sell them,lol.

Since not everyone buys coins to re-sell, a drop from $650 to $572.00 is a good deal for a unique 5oz numismatic coin.

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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 08/06/2021  12:52 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
The 12% cashback is actually a 5% cashback if you live in a PST province like BC. I don't know why the TSC charges 7% PST while its sister company Canadian Coin and Currency does not charge PST.

$650 x 1.07= $695 x .88= $611 actual cost.

If you decide re-sell at issue price you will lose money given ebay selling fees are around 12%.
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Looney4Numi's Avatar
Canada
659 Posts
 Posted 08/06/2021  02:58 am  Show Profile   Bookmark this reply Add Looney4Numi to your friends list Get a Link to this Reply
@MoneyPenney
There are ways to get your taxes back depending on where you sell your coins. Also, it depends if you are a registered business.

It's my understanding that TSC is registered as a business in B.C. So is the RCM. That's why they charge tax in B.C.

CC&C is not, so they can't charge PST in B.C.
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