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RCM Annual Report Posted On Their Site

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New Member
forumguy's Avatar
Canada
35 Posts
 Posted 05/02/2013  4:07 pm Show Profile   Bookmark this topic Add forumguy to your friends list Get a Link to this Message Number of Subscribers
you can download it.
Pillar of the Community
Canada
871 Posts
 Posted 05/02/2013  5:00 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
Thanks for the update. I'll take the next 2 or 3 hours to read through the 106 pages of material.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 05/02/2013  5:24 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
One interesting note. Group of seven subscriptions sold =2965 so that should be the max number of boxes out there.
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Canada
590 Posts
 Posted 05/02/2013  5:40 pm  Show Profile   Bookmark this reply Add Dooby Rak to your friends list Get a Link to this Reply
2012 - 1 cent (CPZ) Zinc
87,972,000

2012 - 1 cent (CPS) Steel
111,375,000

199,347,000 Total. Lowest Since 1966 - 183,644,388. That's only 6 pennies per person.
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Mrpiedfort's Avatar
Canada
663 Posts
 Posted 05/02/2013  6:11 pm  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list Get a Link to this Reply
There are more CPS pennies than the CPZ pennies. So why do dealers like Colonial Acres sell the CPS pennies at a premium to the CPZ Pennies? Shouldn't the prices be similar?
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CC-Ottawa's Avatar
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3690 Posts
 Posted 05/02/2013  6:21 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Hard to say for sure but the eventual death of the penny was announced in late March (I believe) of 2012. By that time, most if not all of the steel pennies had been produced and circulated. The zinc were produced after that date up to May 4th.

I guess that people/dealers started hoarding uncirculated pennies in April and thus most of the uncirculated available were zinc.

So even though more steel were produced, fewer steel exist as uncirculated condition, thus a higher price.


Edited by CC-Ottawa
05/02/2013 6:22 pm
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lyradnoj's Avatar
Canada
548 Posts
 Posted 05/03/2013  2:46 pm  Show Profile   Bookmark this reply Add lyradnoj to your friends list Get a Link to this Reply
I can't download the darn thing! Or even read it. All I get is a blank page. And when I try opening it in HTML its completely unreadable.

Okay, I fixed it, now I can see it properly. The problem lay between the keyboard and the chair.
Edited by lyradnoj
05/03/2013 2:48 pm
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CC-Ottawa's Avatar
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3690 Posts
 Posted 05/03/2013  4:13 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply

Quote:
The problem lay between the keyboard and the chair.


Ah, the old carbon interface malfunction. Hate when that happens to me, and it happens often. I get the ID-ten-tee error a lot too.

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Libertad's Avatar
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3692 Posts
 Posted 05/03/2013  6:21 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Wow guys start hoarding the zincers!
JK
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poboxw's Avatar
Canada
1502 Posts
 Posted 05/04/2013  01:00 am  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
@ CC-Ottawa:
Dealers get a bunch of boxes too. I wonder if those factor into the count for sales of subscriptions, or if that number is just the subscriptions bought directly from the mint itself
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CC-Ottawa's Avatar
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3690 Posts
 Posted 05/04/2013  01:17 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Good point. Not sure about that but I would think the subs sales include subs purchased by dealers.

Really could go either way.
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Chadbk1977's Avatar
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31 Posts
 Posted 05/05/2013  11:11 am  Show Profile   Bookmark this reply Add Chadbk1977 to your friends list Get a Link to this Reply
Some interesting info in this report, I find a few points questionable including "affordable price points" comment in the first paragraph below, and it plans to offer more than 200 new products in 2013, and the quantities of the Special Wrap Rolls.

"Despite record precious metal prices, the Mint will continue to grow the market for numismatics and its customer
base by offering designs with wider commercial appeal at affordable price points. During 2013, it plans to issue more than 200 new products"

"In a virtuous cycle of unprecedented innovation and record demand, the Mint issued 136 numismatic
(millions of pieces) coins during 2012; 60 were sold out by the end of the year. In 2011, 30 of 110 new coins released sold out"

"Numismatics and Collectibles revenue increased 56.0% to $145.1 million from $93.0 million in 2011,
the highest in the Mint's history. The volume of coins produced increased by 89.5% to 3.6 million pieces
903 1,143 1,100 25.15 from 1.9 million pieces in 2011. The number of transactions increased 75.7% to 599,000 in 2012 from
17.6 17.77341,000 in 2011 reflecting the substantial growth in the Mint's customer base across all channels."

"Numismatic coinage, 50-cent Coin Special Wrap Circulation Roll (2012), 2012 Quantities 9,960.


Edited by Chadbk1977
05/05/2013 11:13 am
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Adorus's Avatar
Canada
299 Posts
 Posted 05/05/2013  2:41 pm  Show Profile   Bookmark this reply Add Adorus to your friends list Get a Link to this Reply
@Chadbk1977, I would have never paid attention to that myself. Thanks for the info.
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loonar's Avatar
Canada
96 Posts
 Posted 05/18/2013  12:55 pm  Show Profile   Bookmark this reply Add loonar to your friends list Get a Link to this Reply
In the 2012 annual report, statistics showed only
(191,804) Farewell to the Penny 20 4 20,
(160,781) Reindeer 20 4 20,
(174.474) Polar Bear 20 4 20
(180,020) Queen 20 4 20
have been issued in 2012.

Surprisingly, in the 2011 annual report, it states that
(244,000) of the first Maple 20 4 20, as well as
(198,000) of Canoe 20 4 20
were issued in 2011.

Can someone demystify those numbers? Now I highly doubt 100 4 100 will exactly issue 50k pieces this year.
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SPP-Ottawa's Avatar
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10456 Posts
 Posted 05/18/2013  3:33 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
The mintage numbers of the older, base metal loon dollars and two dollars remind me of the nickel dollar mintages of the 1980s...

$1 Aureate Nickel 2,414,000
Two dollars 1,531,000

Bear in mind those are the numbers minted. You would have to subtract the ones lost in that northern Ontario Brinks accident (recovered coins were sent back to the mint for the ARP) and coins that were struck, and never left the mint...


Some other interesting comments,


Quote:
Revenue from the Alloy Recovery Program continued to increase, partly due to the launch of a program to recover the first generation one-dollar and two-dollar coins.



Quote:
Sales of Gold Maple Leaf (GML) coins declined 29.8% to 883,048 ounces, down from 1.2 million ounces in 2011. Sales of Silver Maple Leaf (SML) coins declined by 21.6% to 18.1 million ounces from 23.14 million ounces in 2011.


That surprises me, considering the drop in gold and silver prices in 2012, relative to 2010-2011... However, there was some interest in platinum bullion.

"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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poboxw's Avatar
Canada
1502 Posts
 Posted 05/21/2013  10:48 pm  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
I've heard unconfirmed reports that lower SML and GML sales are due do production delays and not demand.
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