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Caribou Coin Certificate

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Pillar of the Community
Canada
6768 Posts
 Posted 12/08/2013  09:56 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
I can accept this change (to the bad side) of the COA, since as I said before - for any Mint production (RM, RAM, Perth Mint) I didn't see the long descriptive COAs, and their coins priced same and even higher (RM).

But still, will agree with everyone, that it step back for RCM.

Instead, I can suggest the Mint to cut on shipping, while 3 circulation sets were sent in the box.
Valued Member
coinzchange's Avatar
Canada
174 Posts
 Posted 12/08/2013  12:39 pm  Show Profile   Bookmark this reply Add coinzchange to your friends list Get a Link to this Reply
I agree that it appears things are going backwards with the COA, new logo design, shipping. But I would say with all the new finishes applied, be it frosting or colouring, likely this has an impact on the pricing.

For the collector, cutting back on the display quality is not the best route to take! Perhaps cutting down on the number of different coins produced, and scaling back the mintages with the ones that are, would be a better avenue to take.

Concentrate on keeping quality high, mintages low and numbers of releases mangeable is key (IMO) to the success of this great hobby!
Valued Member
Lithanial's Avatar
Canada
451 Posts
 Posted 12/08/2013  1:25 pm  Show Profile   Bookmark this reply Add Lithanial to your friends list Get a Link to this Reply
The problem is that everything is related for short term success if you are the CEO of a company. Lets say you have a 4-5 year contract, then your goal is to make as much money as possible in those 4-5 years. Then you can net a bigger contract somewhere else afterwards.

James B. Love (2009-2014) Chair of the Board of Directors
Ian E. Bennett (2011-2014) CEO, didn't the Mint start going crazy in about 2011?

I think it is problematic when CEO's get short term goals.

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