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Replies: 13 / Views: 2,307 |
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Pillar of the Community
Canada
1751 Posts |
I stumbled on seller RCM on the US ebay selling the $20 Bugs Bunny and Superman coins with free shipping. Then reading about pocket pieces on main forum, a poster showed picks of these 2 coins, saying he got them from RCM ebay. When I looked at these 2 coins there were over a 1000 sold. I wonder if our mint really is on ebay, and if so why aren't they doing anything about counterfeit coins. Does anyone have any info to share. My account isn't working and I'm not bothering to fix it. This way it keeps me from buying!
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Pillar of the Community
Canada
5324 Posts |
No wonder the RCM is under some layoff pressure, these coins has royalties and now you add ebay paypal fees on top
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Pillar of the Community
 Canada
1751 Posts |
I am not totally certain its our mint, but 1300 superman coins leads me to 90% certainty. They don't ship to Canada. So I was hoping someone could confirm. I would see this as an odd selling venue for them. I tend to stumble across strange stuff.
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Rest in Peace
Canada
1360 Posts |
can you provide a link so we can check it out ourselves?
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Valued Member
Canada
402 Posts |
User ID Effective Date End Date y guess it isn't...this is the ebay Member User ID History rcm Sep-10-02 Present guitartradingpost Aug-09-02 Sep-10-02 rcm Oct-18-98 Aug-09-02 Additional site navigation
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Pillar of the Community
 Canada
1751 Posts |
The seller Royal Canadian Mint ebay 121733753429 they've sold 1486 superman $20 coins with 45 the past 24 hrs. I found it by looking at Most Watched Canadian coins on forum menu. The Bugs Bunny is also there. There 334 watchers on the coin. I hope this helps.
Edited by pocket change 50 11/13/2015 12:17 am
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Valued Member
United States
214 Posts |
The RCM has been selling on ebay for some time, but the US $ price they are charging tends to be higher than the exchange rate the credit card company will charge if you buy from the mint site. Right now a C $20 purchase would be slightly under US $15.10, but the mint is charging US $ 15.99 for the 20 for 20s on ebay.
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Pillar of the Community
Canada
5324 Posts |
Shows the power of ebay, with all the fees and exchange the RCM must lose 2 to 3.00 on each coin sold.
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Pillar of the Community
Canada
3733 Posts |
but you must notice, that they are not shipping to Canada, I guess they figure if they sell them only to the States there is very little chance of them getting returned to the bank..
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Pillar of the Community
Canada
5324 Posts |
This reminds of a supermarket in downtown Toronto who a few years ago got in a price war with a neighbour and sold bananas for 9 cents a pound, he was losing about 15 cents a pound and was proud of selling 12 skids, so I asked him why, the more you sell the more you lose, he said it brought in the customers from his neighbour. Difference is the RCM is a monopoly
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Rest in Peace
Canada
1360 Posts |
I just tried to enter my US zip code after selecting United States delivery, and it came up with: Shipping cost cannot be calculated. Please enter a valid Postal Code. So I can't verify if they are charging for shipping or not. The ' ebay seller' has only the one item listed, and it is completely sold out. If it truly was the RCM, you would think that they would have got into this with both feet, and started selling anything that hadn't sold out say 6 months ago or older.
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Forum Dad
 United States
24154 Posts |
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Pillar of the Community
Canada
3690 Posts |
Edited by CC-Ottawa 11/13/2015 1:59 pm
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Pillar of the Community
 Canada
1751 Posts |
The RCM on ebay, hopefully they would notice all the counterfeit coins and take action! I still find it shocking that the mint is on ebay. The cant bode well for reseller trying to get above issue for coins not sold out yet. I wonder how they will handle shipping complaints, as sometimes they are slow. Will they crack down on people using mint stock images in their ads? They seem to be testing the waters. Do you think they will end up offering a greater selection of coins?
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Replies: 13 / Views: 2,307 |
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