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 Replies: 32 / Views: 4,536 |
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Pillar of the Community
 Canada
5394 Posts |
Poll Question
It appears that the RCM is on a roll these days. So are they making..........
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Pillar of the Community
Canada
981 Posts |
Too many overpriced mostly meaningless coins are being produced I have stopped all together buying from RCM |
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Pillar of the Community
 Canada
9864 Posts |
Too bad the poll doesn't accommodate multiple choice, like elkslayer132 said "Too many overpriced mostly meaningless...."
I usually buy only one NCLT coin or set per year,so far for 2014 nothing seems significant to me.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
07/13/2014 11:26 am
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Pillar of the Community
Canada
6768 Posts |
I would say "too many"
and "meaningless".
Disagree with "overpriced". Do we judge the coin by the metal content?
Better they would be high priced, rather than low - it less associates with mass production junk.
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Pillar of the Community
Canada
9864 Posts |
Quote:
Better they would be high priced, rather than low - it less associates with mass production junk. They are mass produced junk. IMO quality has really declined over the last few years. "Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
2019 Posts |
I need to vote twice... overpriced and too many...
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CCF Master Historian of USA Commemoratives
United States
12279 Posts |
IMO, the RCM is damaging their collector market and their own long-term viability by a combination of releasing too many coins in general and by releasing too many coins of similar and/or gimmicky design. If a significant majority of their products continue to go down in value (sometimes dramatically) on the secondary market, many collectors will abandon the RCM entirely or greatly reduce the number of purchases they make. In terms of pricing, I think many of their coins are priced about 10% to 15% too high. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
2366 Posts |
 You would think with greater production and at least one input cost (gold/silver) going down, the price of comparable coins would stay the same or go down over the past few years. Instead, they mostly keep inching up. |
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Pillar of the Community
United States
3789 Posts |
Elk and Silveroid hit the nail on the head: too many coins that are meaningless.
How many beavers are you going to make? How many variations of the silver maple leaf are you going to do? Some of these others with weird designs celebrating what/who... I dont even look at them....
Fatigue is setting in. Perhaps they could ratchet down slightly the prices, because I agree with Silveroid, the last thing we need is mass production junk flooding the entire coin collecting world.
The high prices are the last of their worries, I think they just need to stop with so many coins, have less product coming out with each release and drop the mintage's more. Soak up the supply of the coins by doing less amounts, mintage's numbers and frequency and I think things will improve.
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Pillar of the Community
Canada
867 Posts |
Quote:
Too many overpriced mostly meaningless coins are being produced... What the elk said. |
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Pillar of the Community
Canada
593 Posts |
Too many and they are overpriced.
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Pillar of the Community
Canada
644 Posts |
If they offered less coins each month with lower mintage's then maybe things could start to pick up.
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Pillar of the Community
 Canada
5394 Posts |
Great feedback everyone...............what did ne in was the Nanaboozoo or whatever coins. Too many issues and meaningless overpriced junk. Way to destroy numismatics RCM, Thanks! |
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Pillar of the Community
Canada
2984 Posts |
Too bad we could not choose more than one selection.
Otherwise, I would choose too many, mostly meaningless, and overpriced .
Edited by MoneyPenney
07/14/2014 02:16 am
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Pillar of the Community
Canada
871 Posts |
Too many and they are overpriced.
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Valued Member
Canada
115 Posts |
i agree with yup7676. if there weren't sooo many releases and much lower mintage, I think it would be a lot better. I think that's the biggest difference from other mints. we do not have many releases with low mintage that make people RUSH to get them... takes the edge off knowing that you'll always be able to get one... and most of the time, at a discount price! I just saw the gold moose at talisman for 300$ less than what the mint is asking for... really? if they can afford to sell it that low and still make a profit, I think they should review their prices... and if they stop offering discounts to all the distributors, that would change prices by A LOT! a lot more people would buy directly from the mint not fearing that they would see the same thing at a much lower price after! honestly, I think those discounts are the most stupid thing the mint ever came up with!
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Replies: 32 / Views: 4,536 |
Posted 07/13/2014 11:16 am
