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 Replies: 35 / Views: 7,549 |
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Pillar of the Community
Canada
2124 Posts |
According with your experience, which % of coins from the Mint website with Awaiting Stock status became available after some weeks (when they are supposed to receive the backorder)? It's the same in practice that sold out? I see many coins with Awaiting Stock and not necessary I talk about hot coins as the Mallard for example: http://www.mint.ca/store/coin/fine-....UW8r0fIkSuI (the suscription is in awaiting stock status). Here there is another coin that is not very hot in awaiting stock status: http://www.mint.ca/store/coin/1-oz-....UW8sH_IkSuIShould I wait until they became available again or just buy with a dealer? |
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Pillar of the Community
 Canada
2124 Posts |
And they are just examples.
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Pillar of the Community
Canada
871 Posts |
I was always under the impression that "Awaiting Stock" can be result of people placing a hold temporary until they have made up their mind. For example, if they are ordering multiple items after waiting on the first item. What does the RCM say about the definition of "Awaiting Stock"? |
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Pillar of the Community
Canada
6768 Posts |
Per my understanding of the situation: each coin - is different case.
But I will not count on availability of the "hot" coins - no way that they will be available again. The case that I remember - "Two loons" - became available only due to issue with production (colour).
So, the examples: platinum coin - very desirable, will not be in stock, IMO, while Ducks Sub - possible - when people cancelling subscriptions, means that 2-nd and 3-rd coins will be available, so Mint may combine them with some of the 1-st Mallards and create return the Sub to stock.
But, IMO, again:
if you really want the coin that appears as "Awaiting Stock" - do not wait for it and get from dealer.
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Pillar of the Community
Canada
2366 Posts |
I have seen some become available again after being Awaiting Stock. Can't say I've paid close enough attention as to how many or if any go straight to Sold Out instead. My theory is that they schedule production runs of coins based on demand. So if a coin has a max mintage of 10,000 maybe then only produce 2,000 initially to see what demand is like. If that sells out quickly then the schedule another run for 2,000 more and so on. Otherwise they would end up with a lot of stock on their hands as many coins never reach their maximum mintage.
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Pillar of the Community
Canada
2124 Posts |
Quote:
Silveroid
while Ducks Sub - possible - when people cancelling subscriptions, means that 2-nd and 3-rd coins will be available, so Mint may combine them with some of the 1-st Mallards and create return the Sub to stock.
. Do you really think the Mint make projections about how many people is going to cancel subscriptions so keeping the awaiting stock? |
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Pillar of the Community
Canada
2124 Posts |
Quote:
kuh_85 Posted - Today 4 Hrs 14 Min ago
My theory is that they schedule production runs of coins based on demand. So if a coin has a max mintage of 10,000 maybe then only produce 2,000 initially to see what demand is like. If that sells out quickly then the schedule another run for 2,000 more and so on. Otherwise they would end up with a lot of stock on their hands as many coins never reach their maximum mintage. I agree with you but you are talking about production. I talk about sales. I mean, even if they produced just 2,000 they are supposed to offer an stock of 10,000 so if they sold 10,000 is a sold out if not it should be available. They sold the skimmer coin that will be available on july (pre-sale) so if there are 8,000 coins left, why don't sell them instead of being in awaiting stock status .... |
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Pillar of the Community
Canada
6768 Posts |
Your right, the estimation of the cancellations is too unpredictable.
I just can say, may be they expect the cancellations, so prefer to keep the coin / set status "Awaiting Stock".
Btw, this status also "helps" for sales of other coins - people entering the site to check the status and sometimes buy something else.
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Pillar of the Community
1007 Posts |
I can guarantee the duck sub will not be back in stock.
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Pillar of the Community
Canada
1528 Posts |
I am always assume "awaiting stock" = 99% out of stock and 1% chance it may have stock later on
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Pillar of the Community
Canada
2366 Posts |
I would hope they've at least somewhat learned their lesson about selling things that haven't been produced yet over the last couple of years.....
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Pillar of the Community
Canada
2366 Posts |
p.s. They probably also give dealers first crack so don't know how many they'll have left over for a while.
As I said, just a theory based purely on speculation. :-)
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Pillar of the Community
Canada
3690 Posts |
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I would hope they've at least somewhat learned their lesson about selling things that haven't been produced yet over the last couple of years.....
Clearly, sales and marketing do not talk to operations/production at the RCM. Not only does that result in shipping delays, I suspect it's the primary reason why the drawings of coins on the website that are produced by marketing differ so much from the actual coins that are produced by operations/production. Thankfully, the skills of the coin makers have been able to outdo marketer's images...for the most part. I have no stats on 'awaiting stock' but most of the time, items marked as 'awaiting stock' are never available again. Rarely they come back for a short period of time. If there is a coin that you want, and it's showing 'awaiting stock' call and ask - you'll get better results if you have a rep. If they can't get one for you, best to get it from a dealer to avoid disappointment. Edited by CC-Ottawa
04/18/2013 12:56 pm
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Pillar of the Community
Canada
2124 Posts |
Quote:
If there is a coin that you want, and it's showing 'awaiting stock' call and ask - you'll get better results if you have a rep. If they can't get one for you, best to get it from a dealer to avoid disappointment Yes, I want this one: http://www.mint.ca/store/coin/1-oz-...-prod1630007CP is the only dealer that has the same issue price, all the others rose the price or have it sold out. |
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Pillar of the Community
Canada
3690 Posts |
For sure - CP. Extemely unlikely it will be back on the mint's website.
Nice coin too.
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Pillar of the Community
Canada
6768 Posts |
Nice coin.
One week ago I've seen one in the PO.
And suspect, that it is still there.
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Replies: 35 / Views: 7,549 |
Posted 04/17/2013 7:36 pm
