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RCMint June Release Launch #6

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Valued Member

United States
134 Posts
 Posted 05/03/2013  12:26 pm Show Profile   Bookmark this topic Add mltung to your friends list Get a Link to this Message Number of Subscribers
Launch #6 is scheduled as follows:

Elite MC Release Tuesday 5/28

MC Release Wednesday 5/29

Public release Tuesday6/4.

There are a couple of items that will be part of the 60 item RCM sellout objective for 2013
Valued Member
SoulBrotherNo3's Avatar
Canada
330 Posts
 Posted 05/03/2013  12:37 pm  Show Profile   Bookmark this reply Add SoulBrotherNo3 to your friends list Get a Link to this Reply
Ugh....stop the insanity!

I only ordered 2 silver eagles this release and I'm still feeling like this is too much.

When I read in their report that they'll be listing over 200 new items this year I really started to think they're about to make this hobby/addiction "jump the shark".
They listed 136 last year and that was a record.
Over saturation is really going to be evident over the next few months.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 05/03/2013  12:47 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Too much is too much. Only ordered eagles as well and that was plenty.



@mltung, appreciate the information though. Do you have anything more on the 1912-1914 gold coin delays? I understand there is an 'issue' that was to be reviewed this week.
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Lostwords's Avatar
Canada
1528 Posts
 Posted 05/03/2013  12:53 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply
with so much coins being release and the frequency of the rleases, I think it is more important now to buy coins you like and stay away from the ones you don't like. It's the only way the mint can understand and see that they are pushing too much stuffs out.
Valued Member
United States
134 Posts
 Posted 05/03/2013  12:53 pm  Show Profile   Bookmark this reply Add mltung to your friends list Get a Link to this Reply
Folks:

You got one of the 3 sell out items this time around. One out of three ain't bad.

As I mentioned before in another post, 1914 $5 Au Hand Select is oversold.

There is a high chance of cancellation.

Now the task at hand for us is to forecast the sell-out items for Launch #6.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 05/03/2013  1:00 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
So the review was really damage control strategy? Monday will be a interest day to raise bloody hell.

Thanks again for the information.
Edited by CC-Ottawa
05/03/2013 1:01 pm
Valued Member
United States
134 Posts
 Posted 05/03/2013  1:06 pm  Show Profile   Bookmark this reply Add mltung to your friends list Get a Link to this Reply
As the saying goes, the squeaky wheel gets the grease.

@cc-ottawa
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kuh_85's Avatar
Canada
2366 Posts
 Posted 05/03/2013  1:48 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Any 'info' as to what specifically will be in the release yet?
Valued Member
rp14's Avatar
Canada
69 Posts
 Posted 05/03/2013  2:43 pm  Show Profile   Bookmark this reply Add rp14 to your friends list Get a Link to this Reply
To jump back to the May release (there have been about 3 or 4 different dates posted), based on the Tuesday / Wednesday release for Elite MC / MC members and a public release for the following Tuesday, I'm assuming that the public release for May will be May 7th?

As a "lowly" non-MC member, just trying to understand when I'll have a crack at the leftovers!
Valued Member
United States
134 Posts
 Posted 05/03/2013  3:22 pm  Show Profile   Bookmark this reply Add mltung to your friends list Get a Link to this Reply
5/7 will be the public release date for May.
6/4 will be the public release date for June.

The RCMint Objective for sell out is 60 items for 2013 However, they need to outperform the objectives so that they can get a bigger bonus, so let us assume that they will try to sell out 72 items (i.e. 6 items per launch based on a 12 launch per year schedule).

I would say that out of these 6 items per launch, 3 will sell out almost immediately. Remember another objective of the RCMint is to support the secondary market (Does that mean the flippers?)
Valued Member
NorthBayGuy1977's Avatar
Canada
60 Posts
 Posted 05/03/2013  3:28 pm  Show Profile   Bookmark this reply Add NorthBayGuy1977 to your friends list Get a Link to this Reply
200? They must be nuts....they can hardly keep up with orders as it is!
Valued Member
United States
134 Posts
 Posted 05/03/2013  3:32 pm  Show Profile   Bookmark this reply Add mltung to your friends list Get a Link to this Reply
Do not underestimate what a Crown Corporation like the RCMint can do.

They have already sold out (Awaiting stock) three items for the May Release

o Bald Eagle
o Platinum $300 Shannon
o Silver Kilo Maple leaf

The Gold Blessings will be the next one to go.

Hip Hip Hooray
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 05/03/2013  4:04 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
<<< been plenty squeaky already and it's gotten me nowhere. My rep says he's in there pushing but we'll see. All I can say is, if they cancel my order, it will be a great excuse to stop throwing money at them hand over fist.

I wonder how many orders are unfilled (and pending cancellation) at this point for 1914 $5 au.

Supporting the secondary market is more about dealers than flippers. Despite what they may think, flippers still are only a small percentage of RCM sales.
Valued Member
Canada
373 Posts
 Posted 05/03/2013  4:49 pm  Show Profile   Bookmark this reply Add taro-chan to your friends list Get a Link to this Reply
huh? the 1914 $5 are oversold?
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 05/03/2013  5:00 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Apparently. mltung mentioned it in the other thread (https://goccf.com/t/134544&whichpage=156#1346952 ) a week or so ago but no one really jumped on it.

I followed up with my rep again this week. Up till now, I've been told it's coming the next few weeks, there's an issue with the packaging, cheques in the mail, etc etc. Now I hear they are trying to figure out how to handle the 'issue'.

Just really curious who else is waiting (ie how many are in the same boat).

It's unfathomable and unforgivable that the mint sold these things in Feb and delivered them to those customers but forgot about some of us who ordered last year.
Edited by CC-Ottawa
05/03/2013 5:01 pm
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RoyalSilver's Avatar
Canada
933 Posts
 Posted 05/03/2013  5:02 pm  Show Profile   Bookmark this reply Add RoyalSilver to your friends list Get a Link to this Reply
Im still waiting for my $5 1914 HS....SINCE THE SECOND DAY OF THE darn RELEASE !!!!!
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