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 Replies: 20 / Views: 6,531 |
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Valued Member
Canada
116 Posts |
In the 2012 annual report from the RCM it lists the 2012 mintage for the Farewell to the Penny - Fine Silver 5-coin Set - at 2817... less than the published mintage of 5000. The set went on sale at the end of September and sold out to MC and Dealers. From what I can find the RCM started shipping at the beginning of October 2012 and should have finished before the end of the year. I guess my question here is does anyone know if customers received shipment of this set in 2013? If 2013 shipments occurred then there probably are 5000 sets, if they didn't ship in 2013 why the reduced mintage? |
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Pillar of the Community
Canada
3690 Posts |
My two sets were shipped in mid Jan 2013.
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Valued Member
 Canada
116 Posts |
Wow. Ordered in September and received the following year! That is quite the delay.
Thanks for the info CC
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Pillar of the Community
Canada
3690 Posts |
That's nothing.
Still waiting for 2013 50 cent roll ordered in February.
Many items in 2012 were delayed 4 months or more.
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Valued Member
Canada
299 Posts |
I just got my 50 cent butterflies ... Ordered in Jan -_-
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Pillar of the Community
Canada
2425 Posts |
Back to the question...How many were minted? 5000 or 2817?
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Pillar of the Community
Canada
1505 Posts |
I think it is a pretty safe assumption that mintage is 5000 - a few returns that were not resold (if any)?
Accounting rules do not let you recognize revenue until a product sale is completed (in the mint's case, shipped to customer), because so many of the sets were shipped in 2013, we should see the balance on this years annual report. I am assuming that they take their mintage numbers as actual units sold, not produced, because my understanding is that recycle unsold products. For example,
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Pillar of the Community
Canada
3690 Posts |
Quote:
because so many of the sets were shipped in 2013, we should see the balance on this years annual report Maybe. That table in the annual report is often suspect especially for issues dated one year but sold in a subsequent year. That said, I would agree completely that it's virtually certain that all 5000 were produced. BTW - the question was did anyone receive the set in 2013. The answer was yes. The subsequent question was moot.   |
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Pillar of the Community
Canada
2124 Posts |
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Pillar of the Community
Canada
6768 Posts |
You know, that RCM didn't issue this, right? It could be not "hand made", since maybe printed on print machine using quality paper, but for sure "home made" edition. Added: I also received my 5 coin Penny set in January 2013.... Edited by Silveroid
11/07/2013 01:48 am
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Pillar of the Community
Canada
2124 Posts |
I supposed RCM didn't but always a confirmation is helpful. By your answer I guess you're not getting anyone... |
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Pillar of the Community
United Kingdom
552 Posts |
I just got my set today, glad I got one....this set is for the long term and should increase in value...
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Pillar of the Community
Canada
6768 Posts |
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I just got my set today, glad I got one....this set is for the long term and should increase in value... Wow! almost 2 years delay..... It will increase, but not till infinity, will settle at some point. Actually I think, it's peak already passed ($500 for set), but now I believe it could be found for $350-$400, and this not the end of the decrease. After all - less than 1 oz silver. |
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Pillar of the Community
Canada
2019 Posts |
Quote:
Wow! almost 2 years delay..... Lol. At some point I plan to get one of these sets . Figured I would finish the question on final mintage.I looked at both 2012 and 2013 reports and some how there is an extra set sold/produced or its a listing error. 2817 from the 2012 report. 2184 from the 2013 report. 5001 sets were sold/produced. |
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Pillar of the Community
Canada
1823 Posts |
Quote:
Actually I think, it's peak already passed ($500 for set), but now I believe it could be found for $350-$400, and this not the end of the decrease.
 plus the 5 oz penny will follow this lower price trend. |
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Valued Member
Canada
491 Posts |
I bought the Dream catcher coin and it only took them 9 months to get it to me. The reason is the Mint claims a striking error was found in the second run of this coin. The Mint rejecting the second run, never said what the error was wondering if any made out to the public
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Replies: 20 / Views: 6,531 |
Posted 09/24/2013 1:55 pm
