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 Replies: 19 / Views: 3,969 |
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Valued Member
Canada
227 Posts |
Poll Question
As far as I know, coin dealers (including CP) usually have 15% - 25% margin on the issue price for NCLT. Currently there are 6 coins in the $20 for $20 series. Do you think that dealers also have a dealers' price lower than $20 from the mint? 
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Pillar of the Community
Canada
1189 Posts |
Just curious, why are you concern about this?
Do you want to buy bunch of them 500 to 1000 pcs?
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Valued Member
Canada
315 Posts |
The fact of discount (non)existance does not depend on our opinion.
And there's no discount, at least for CanadaPost.
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Pillar of the Community
Canada
1189 Posts |
One of my Chinese classmate told me there is a Chinese guy on Westca can order 2 or 3 big box of the $20 for $20 coins. He must have a extreme good relationship with Mint to do that.
Maybe you can contact that guy if want to hoard a large amount.
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Valued Member
 Canada
227 Posts |
Quote:
Just curious, why are you concern about this?
Do you want to buy bunch of them 500 to 1000 pcs? I am asking because one coin dealer told me that he hates the $20 for $20 when he complained that his cost is $20 from the mint; therefore, I wonder it is a special case or all coin dealers have the same cost at $20 as well. |
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Valued Member
Canada
348 Posts |
canada post sells the coin for $25 because I know for a fact they have to pay $20 to get it
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Valued Member
Canada
227 Posts |
Quote:
canada post sells the coin for $25 because I know for a fact they have to pay $20 to get it Sounds reasonable and CP keeps 20% margin in this markup. |
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Pillar of the Community
Canada
1354 Posts |
I have heard as well that this is the only coin CP doesn't get discounted. That's why they are $25 there
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Bedrock of the Community
Australia
21788 Posts |
Canada Post sells mint products for a higher price than the RCM does? That's interesting. Australia Post is a defacto agent for the the RAM, and as far as I know, sells RAM products at RAM prices. |
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Valued Member
Canada
227 Posts |
Quote:Canada Post sells mint products for a higher price than the RCM does? That's interesting. Australia Post is a defacto agent for the the RAM, and as far as I know, sells RAM products at RAM prices. CP only markup this $20 for $20 seriies and have the same price as RCM for the other NCLT coins. |
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Pillar of the Community
Canada
535 Posts |
The fourth choice should be WHO Cares. Dealers have to make something. It either has to be through a wholesale price ( just as all other retailers) or through a mark up if paying the full mint price.
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Pillar of the Community
Canada
1581 Posts |
There is probably a law against the mint selling below face value.
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Pillar of the Community
Canada
3690 Posts |
Quote:
The fact of discount (non)existance does not depend on our opinion.
And there's no discount, at least for CanadaPost. Exactly. Why is this a poll? The answer is No. Might as well have a poll asking if the Earth is round or if the Leafs suck. There is only one answer.  |
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Pillar of the Community
Australia
4411 Posts |
The earth is round  |
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Valued Member
Canada
207 Posts |
The Leafs suck.  Of course there is no discount, it is worth $20. If you sold it to the dealers for $15, then every sane dealer would buy as many as they could and cash them in. |
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Valued Member
Canada
478 Posts |
The latest study suggests most polls start out as surveys  and the oilers were suppose to win the cup this year  Edited by rmc
09/27/2012 2:59 pm
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Replies: 19 / Views: 3,969 |
Posted 09/26/2012 9:39 pm
