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RCM Going Too Far?

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KevA's Avatar
Canada
13 Posts
 Posted 09/06/2013  2:39 pm  Show Profile   Bookmark this reply Add KevA to your friends list Get a Link to this Reply


Now THAT'S putting things in perspective. I've only bothered with dealing with RCM on a couple of series (my emphasis being on circulation coinage and bullion coins), but the latest onslaught of product seems excessive. They won't be getting any of my money unless it's something particularly noteworthy.
Valued Member
Cowboy905's Avatar
Canada
329 Posts
 Posted 09/06/2013  2:53 pm  Show Profile   Bookmark this reply Add Cowboy905 to your friends list Get a Link to this Reply
even my father who is a NCLT collector (68yrs old) who has never touched a computer in his life and relies on phone in orders with the mail catalogue has been griping about the crazy amount of releases. I look at him and see it's a serious problem because he doesn't have the influence of forums to give him ideas and perspectives.
Valued Member
chubbycheeks's Avatar
Canada
480 Posts
 Posted 09/06/2013  3:30 pm  Show Profile   Bookmark this reply Add chubbycheeks to your friends list Get a Link to this Reply
I doubt they will stop anytime soon. That recent report on their profit's last quarter was surprising. Those 20 20's were a gold mine for them. on top of the sold out 100 for 100's. Someone got a rise for that one.

I think it's best to just pick the coins and series that interest you most and not get caught up in the hype. Because at the end of the day if the market drops you can ether be stuck with a coin you like and enjoy or a coin you don't.
Pillar of the Community
United States
3789 Posts
 Posted 09/07/2013  12:02 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
Yes they are.. wayyy to far.

I think they are diluting their brand for starters. How exclusive is the RCM if they crank out so much stuff.

Its pretty clear only a handful of coins hit the sell out stage each month, THOSE are the coins you want to get for investment. Outside of that, the RCM should be thankful for their loyal collectors who purchase from them because they love collecting.

SO.... while Its nice they offer limited mintage on coins, I think that doesn't do the trick. Because even if its limited and demand isn't there, it wont help the price. Conversely, if the coin is disliked and no one wants it, well maybe that's the one you should buy because in the end, they find out very little were sold.
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 09/13/2013  08:10 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I agree with the original poster. The RCM does produce magnificent coins but too many cheesy collector coins. One thing I like about the RCM is that when there are commemorative quarters for example, they still produce the regular caribou quarter. This is something I wish the US Mint would do for those that choose not to collect commemorative quarters.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 09/13/2013  09:11 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
What is going to be the next big commemorative event?

The centenary of the inaugural meeting of the
Society For the Preservation of Wooden Toilet Seats?
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 09/13/2013  09:22 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Valued Member
sodude's Avatar
United States
149 Posts
 Posted 09/13/2013  11:06 am  Show Profile   Bookmark this reply Add sodude to your friends list Get a Link to this Reply
I don't understand the complaints. They put out a lot of different coins, and you are free to select the ones you want. When I buy something I never get upset that there are too many choices.

And besides that, if you you are the guys buying all the cheesy stuff they are putting out then you are the enablers.
Edited by sodude
09/13/2013 11:07 am
New Member
United States
1 Posts
 Posted 09/26/2013  08:15 am  Show Profile   Bookmark this reply Add Onofrio Bacigalupo to your friends list Get a Link to this Reply
This past year I bought 2 five ounce gold coins witha face value of $500.00, one commemorating "O'Canada" and the other one commemorating the naval battle between the HMS Shannon and the USS Chesepeake. The mintage for each coin was 200 worldwide. Any coin not sold by 365 days after issued will be melted. These are on the road to being as rare as the 1933 double eagle with its contrived rarity engineered by FDR.
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