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Bank Of Canada 1912-14 Gold Coin Special RCM Release

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Pillar of the Community
Panda's Avatar
Canada
685 Posts
 Posted 12/10/2012  9:32 pm  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply

Quote:
Another ridiculously high ebay sale for a set of $5 hand selected



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RoyalSilver's Avatar
Canada
933 Posts
 Posted 12/11/2012  10:26 am  Show Profile   Bookmark this reply Add RoyalSilver to your friends list Get a Link to this Reply
Thats it, putting mine up for sale this evening. The profit is just TOO good to pass up.
Valued Member
Canada
108 Posts
 Posted 12/11/2012  6:56 pm  Show Profile   Bookmark this reply Add Shannoxt to your friends list Get a Link to this Reply
Hey RoyalSilver, what are you going to list your set of gold coins at?
Valued Member
agrenier's Avatar
Canada
86 Posts
 Posted 12/11/2012  7:13 pm  Show Profile   Bookmark this reply Add agrenier to your friends list Get a Link to this Reply
In case some of you plan to have the coins graded by NGC...


http://www.ngccoin.com/news/viewart...jA1Mjk5MTES1


Canada's first gold coins from the Royal Canadian Mint will receive a special NGC label and pedigree. See submission instructions for more details.

Much excitement surrounded the recent release of 30,000 vintage Canada gold coins by the Royal Canadian Mint. (Click here to learn more.) Struck from 1912 to 1914, these $5 and $10 gold pieces were the first gold coins minted in Canada and have been stored in the vaults of the Bank of Canada for 75 years. To honor this special release NGC is offering a unique Bank of Canada Hoard label and pedigree.

Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release
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RoyalSilver's Avatar
Canada
933 Posts
 Posted 12/11/2012  7:30 pm  Show Profile   Bookmark this reply Add RoyalSilver to your friends list Get a Link to this Reply
haha wow. thats one way of keeping current trends at bay. If it were me, id just break the capsule and send in the coin. No way they know that it came from this special release.

@shannoxt I ordere $5 1914 HS....i plan on listing buy it now at $1000....free shipping. See what happens. I wont sell for less than $1k since I really want the coin as part of my collection...but at $1k...the profits are just too sweet :) :)
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SilverBug's Avatar
Canada
862 Posts
 Posted 12/11/2012  8:10 pm  Show Profile   Bookmark this reply Add SilverBug to your friends list Get a Link to this Reply
this thread will reach 100 pages
Valued Member
Canada
85 Posts
 Posted 12/11/2012  9:06 pm  Show Profile   Bookmark this reply Add Devack to your friends list Get a Link to this Reply
Anyone think these will ship before the end of the month?
Valued Member
Jerry_B's Avatar
Canada
453 Posts
 Posted 12/11/2012  9:31 pm  Show Profile   Bookmark this reply Add Jerry_B to your friends list Get a Link to this Reply

Quote:
Anyone think these will ship before the end of the month?


That would be nice, but I imagine it would depend upon multiple factors falling into place when expected. There is always the possibility of some unexpected delay.

I'm really looking forward to receiving my order, but won't be surprised or dismayed if it stretches into the new year. But really hoping to get it yesterday
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canadian_coins's Avatar
United States
2408 Posts
 Posted 12/11/2012  9:40 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
If we all STOPPED buying anything before shipment of ALL of our backlogged purchased, you bet.

They'd have plenty of staff doing nothing.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 12/11/2012  9:41 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply

Quote:
Anyone think these will ship before the end of the month?


Odds are better that the Mayans were right and there will be no "end of the month".

It's really incredible. The mint had to hand select the coins before the sale. Thus they had to have sorted and you'd expect, packaged them in order to know how many of each to sell. So, why is there any delay?

The shipping date on the sales receipt says Dec 28. It doesn't make sense why there is any delay between selling and shipping but I would not be surprised if it's late January or February before these got to customers. Gotta be the boxes and clamshells.
Edited by CC-Ottawa
12/11/2012 9:44 pm
Valued Member
Jerry_B's Avatar
Canada
453 Posts
 Posted 12/11/2012  10:31 pm  Show Profile   Bookmark this reply Add Jerry_B to your friends list Get a Link to this Reply

Quote:
Gotta be the boxes and clamshells.


I would suspect that obtaining packaging materials from suppliers probably accounts for a lot of the delays in deliveries from the RCM.

Of course, as of now, there is no reason to expect any delay in the deliveries of these coins.

We await with anticipation
Valued Member
Jerry_B's Avatar
Canada
453 Posts
 Posted 12/11/2012  10:43 pm  Show Profile   Bookmark this reply Add Jerry_B to your friends list Get a Link to this Reply
@Agrenier
Thank you for the "heads up" on the special slab
I like it!
Reminds me of the special NGC Carson City Silver Dollar slab.

For anyone not familiar with that one, try a Google search for:

carson city gsa hoard

Just have to find out how to go about submitting (and cost).
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Windchild's Avatar
Canada
1411 Posts
 Posted 12/11/2012  11:04 pm  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
How much will it cost to slab with NGC?
Would someone mind posting in this thread?
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 12/11/2012  11:19 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply

Quote:
Of course, as of now, there is no reason to expect any delay in the deliveries of these coins.


Sorry if I was unclear. There is already a built in delay of one month. They didn't have to mint the coins that were ordered. They had to handle them to 'select' them before they were ordered, thus there should be little or no delay between release and sale on Nov 28th. Yet, the RCM built in a full month giving an initial ship date estimated at Dec 28th. One can only assume that they needed the month to prepare the packaging of the coins.

What surprises me is that they didn't sort, select and package before selling. Then the shipping could have begun on the first day after they were released and sold.

They waited to sell the coins and then ordered the boxes? That's great planning. Of course it's unrealistic to think they are going to work for a month packaging, and then ship them all on Dec 28th. IMO some people may get them late this month but most will get them over the next month or two.
Valued Member
Jerry_B's Avatar
Canada
453 Posts
 Posted 12/11/2012  11:30 pm  Show Profile   Bookmark this reply Add Jerry_B to your friends list Get a Link to this Reply
My guess is that they pushed the sale of the gold coins, so as not to interfere with the promotion of the holiday coins.
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