Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsSpecializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Knock Off Last Million Penny Rolls.... Ummmm

To participate in the forum you must log in or register.
Author Previous TopicReplies: 37 / Views: 4,618Next Topic
Page: of 3
Pillar of the Community
Northerncoins's Avatar
Canada
2019 Posts
 Posted 01/13/2015  3:31 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
His description says....Authentic Hologram...one can think it's the RCM penny roll.


Ya thats where I think the line gets crossed in reference to RCM but it still could be an "Authentic Hologram" just not one issued by the RCM unless its a picture of an "Authentic Hologram" that was issued by the RCM but then they would have to state that its a picture of one ...


Pillar of the Community
Learn More...
SilverDon's Avatar
Canada
2360 Posts
 Posted 01/13/2015  3:50 pm  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
The 20,000 real authentic RCM hologram penny rolls are the only 2012
non-error, pennies that will be worth a premium. Maybe the last box
as well, unopened, stamped.

The rest is all fluff and probably close to patent infringement. I have
two rolls from CC&C of the non hologram plastic rolls by Bromburg.
Again this is all about the packaging.

Tear that away and you have 50 of 200 million pennies.


Knock-Off-Last-Million-Penny-Rolls....--Ummmm
Edited by SilverDon
01/13/2015 3:56 pm
Valued Member
thecurse9's Avatar
Canada
112 Posts
 Posted 01/13/2015  6:25 pm  Show Profile   Bookmark this reply Add thecurse9 to your friends list Get a Link to this Reply
Pillar of the Community
Learn More...
SilverDon's Avatar
Canada
2360 Posts
 Posted 01/13/2015  6:34 pm  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
Weird, not serialized like the original hologram RCM rolls.
The ends are clear plastic, unlike the real hologram with
xxx/20,000 on the hologram.
Pillar of the Community
Canada
6768 Posts
 Posted 01/13/2015  6:41 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Why weird, SilverDon?

The roll minted by RCM, while third party have put (or inserted?) the authentication paper. Like third-party COA for some bullion coins (F15 for example)
Pillar of the Community
Learn More...
SilverDon's Avatar
Canada
2360 Posts
 Posted 01/13/2015  6:49 pm  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
Weird because it is a misrepresentation of the facts as stated;

20,000 rolls of the last copper plated zinc 2012 cent coins were sold to collectors by the Royal Canadian Mint at an issue price of $9.95 per roll, and these all sold out within the first two days after they were released. The current market price in the secondary market for these rolls has now gone up to about $100 per roll. The Mint did not offer any of the scarcer copper plated steel coins to collectors.

It appears as if SilverTowne would like the buyer to believe that these plastic rolls are the same as those sold by the RCM. I believe it is a bit of a bait and switch. Get the buyer excited about the story and offer an inferior product.
Edited by SilverDon
01/13/2015 6:51 pm
Pillar of the Community
Canada
6768 Posts
 Posted 01/13/2015  7:02 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
It appears as if Silvertowne would like the buyer to believe that these plastic rolls are the same as those sold by the RCM. I believe it is a bit of a bait and switch. Get the buyer excited about the story and offer an inferior product.


You right.
I didn't read description.
For the people who not familiar with RCM issue - these rolls (offered by Silvertown) directly associate with the item distributed by RCM (even without saying it directly).
Pillar of the Community
Learn More...
SilverDon's Avatar
Canada
2360 Posts
 Posted 01/13/2015  7:10 pm  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
Bait and switch. It used to be, advertise/offer a product at a sale price and then run out fast, no stock, and offer expensive alternative, now that the customer is in the store, maybe a sale.

Pillar of the Community
Northerncoins's Avatar
Canada
2019 Posts
 Posted 01/13/2015  7:20 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
The Mint did not offer any of the scarcer copper plated steel coins to collectors.



Quote:
It appears as if Silvertowne would like the buyer to believe that these plastic rolls are the same as those sold by the RCM. I believe it is a bit of a bait and switch. Get the buyer excited about the story and offer an inferior product.


No I think they are just trying to peddle the "Scarcer" copper plated steel cores 2012 pennies.... While they maybe Scarcer then the other type they are by no means "scarce"

But ya whatever works to sell something....

I will quote" "Sell Me This Pen" anyone here know who said it?
Edited by Northerncoins
01/13/2015 7:25 pm
Pillar of the Community
Learn More...
SilverDon's Avatar
Canada
2360 Posts
 Posted 01/13/2015  7:42 pm  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
Who was -"The Wolf of Wall Street", Alex.

I haven't seen it.

There are a tonne of knock off rolls out there.

Going with the metric tonne.

Just wondering Northerncoins, are all of the 20,000 rolls the zinc variety? Because there are a lot of the steel rolls around. No-one would open the roll to check zinc or steel.
Does it say on the sales description whether zinc or steel?
Edited by SilverDon
01/13/2015 7:52 pm
Pillar of the Community
CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 01/13/2015  7:45 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
So who produced these mocked up hologram stickered rolls? Sivertowne, CC&C or someone else?

I found this statement interesting.


Quote:
it is believed that most of the 2012 mintage remained unissued and was melted down


Believed by whom?

It's also widely believed that Elvis lives in Tweed Ontario, that aliens run the world, that the Earth is flat, that Dez Bryant actually caught the ball and that the Leafs will one day win the Cup. Doesn't mean any of that is true.

Pillar of the Community
Learn More...
SilverDon's Avatar
Canada
2360 Posts
 Posted 01/13/2015  7:57 pm  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
The grand melting of 2013. Sasquatch, Yeti, Ogopogo, Nessy, Oak Island.
Pillar of the Community
punman's Avatar
Canada
849 Posts
 Posted 01/13/2015  9:01 pm  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply
Actually the Leafs won the Stanley Cup in 1967 - Canada's Centennial year. Canada's 150th is coming up in a couple of years so who knows - maybe it will be the Leafs turn again. I've since become a Flames fan but their chances might not be much more likely either.
Pillar of the Community
Canada
6768 Posts
 Posted 01/13/2015  9:16 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
No-one would open the roll to check zinc or steel.
Does it say on the sales description whether zinc or steel?


I had a post, where opening that roll, with the pictures of the process.
Well, it only one from 20.000 , but all the coins in it were non magnetic.
And no hidden dime or 2013 penny.
Pillar of the Community
CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 01/13/2015  9:22 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
No need to open the roll to see if a magnet will stick to it.

But...


Quote:
had a post, where opening that roll, with the pictures of the process


https://goccf.com/t/144882#144882
  Previous TopicReplies: 37 / Views: 4,618Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.34 seconds to rattle this change. Forums