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Bank Of Canada 1912-14 Gold Coin Special RCM Release

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Valued Member
Canada
430 Posts
 Posted 03/07/2013  9:13 pm  Show Profile   Bookmark this reply Add Coinsplus to your friends list Get a Link to this Reply
I was at the Royal Canadian Mint Vancouver Boutique this morning. They received the two premium sets ($12,000 set) this morning at around 11:15 am. They were both snapped up in the first 20 minutes. I have to say, they are very beautiful, just as MJT has stated. Beautiful, stunning, and gorgeous, and easily will grade MS-64+. They are even better than I expected!

At the Mint Boutique, there was one buyer that bought ALL of the remaining $10 gold coins Hand-Select and ALL the Premium Hand-Select $10, and he also acquired the ultimate Premium Set. He spent nearly $40,000 in a few minutes.
Edited by Coinsplus
03/07/2013 9:14 pm
Valued Member
Jerry_B's Avatar
Canada
453 Posts
 Posted 03/07/2013  9:27 pm  Show Profile   Bookmark this reply Add Jerry_B to your friends list Get a Link to this Reply
Wow!
Pillar of the Community
Panda's Avatar
Canada
685 Posts
 Posted 03/07/2013  9:32 pm  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply

Quote:
He spent nearly $40,000 in a few minutes.


Asian?
Pillar of the Community
dialog_gvf's Avatar
Canada
1581 Posts
 Posted 03/07/2013  9:34 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

Quote:

I just got off the phone with the mint. Only another 2-4 weeks before I get my 1914 $5. Sure. I'd bet against that even with 50 to 1 odds.


I sent e-mail, and was told it will ship "in approximately 7-10 days".

Squeaky wheel service?

Pillar of the Community
BiBo's Avatar
Canada
1189 Posts
 Posted 03/07/2013  9:36 pm  Show Profile   Bookmark this reply Add BiBo to your friends list Get a Link to this Reply
Wow. It is like everyday there are bunch of people hang around the boutiques for the hot items.

Don't know if they bought from their own collection or on behalf of someone (like the new hot Apple products)
Edited by BiBo
03/07/2013 9:37 pm
Pillar of the Community
Panda's Avatar
Canada
685 Posts
 Posted 03/07/2013  9:36 pm  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply
very strange, there are about 2000 1914 $5 sold, but only few list (sold) on ebay.

Where are the rest?
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BiBo's Avatar
Canada
1189 Posts
 Posted 03/07/2013  9:40 pm  Show Profile   Bookmark this reply Add BiBo to your friends list Get a Link to this Reply
Those are invest in these coins are experience collectors and resellers.

They will sit on them for awhile, just wait for the right time to unload them.

Edited by BiBo
03/07/2013 9:41 pm
Pillar of the Community
Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/07/2013  9:47 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Dialog gvf
I called again to complain as I was told 2-4 weeks (as I've been told numerous times). The rep gave no reason for the delay but told me that the order was put on priority status and would be sent sooner than earlier stated. She then tried to sell me on other coins that I have no interest in. After all this crap they have fed me the last 3 months, itll be awhile before I order anything else. Customer service at its finest.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/07/2013  9:50 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Bibo

This guy is trading $40k today for $60k tomorrow. If I had $ to invest for resale I would too.
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swrbxxx's Avatar
Canada
834 Posts
 Posted 03/07/2013  9:58 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
well looks like the guy will be sitting on those sets for a long time.
$12K per set for less than $4,500 in gold, is laughable.
Valued Member
MJT's Avatar
Canada
196 Posts
 Posted 03/07/2013  10:05 pm  Show Profile   Bookmark this reply Add MJT to your friends list Get a Link to this Reply
What about people who paid $10,000 for ms65 1948 canada dollar? Its only 0.6 ounce silver. Are they laughable? I will purchase that laughable silver for 10000
Valued Member
Canada
430 Posts
 Posted 03/07/2013  10:20 pm  Show Profile   Bookmark this reply Add Coinsplus to your friends list Get a Link to this Reply
@Panda: The buyer was Caucasian. A prominent person in Canadian business.
Edited by Coinsplus
03/07/2013 10:21 pm
Valued Member
Canada
430 Posts
 Posted 03/07/2013  10:25 pm  Show Profile   Bookmark this reply Add Coinsplus to your friends list Get a Link to this Reply
Nice comeback MJT. Anyhow, the premium set ($12k) coins easily grade MS-64+... So he's laughing all the way to the bank on those coins.
Pillar of the Community
Canada
5327 Posts
 Posted 03/07/2013  10:46 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
even with the best of the best sets there are 140 of them if only a few coins grade ms 65 or 66 those are the only few from the sets that will appreciate. there will simply be too many coins at the new base grade.
New Member
Canada
14 Posts
 Posted 03/07/2013  11:06 pm  Show Profile   Bookmark this reply Add Fender to your friends list Get a Link to this Reply
Where are the rest Panda?

Still sitting at the mint waiting to be shipped lol!
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