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February 2016 Releases

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Pillar of the Community
Canada
6768 Posts
 Posted 01/31/2016  2:21 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
According to the other forum, "The Coin Shoppe" will get tomorrow shipment of 200 units of "2016 Uncirculated sets" (wasn't it Jan release?) , so interesting, will he sell them, or part of them for issue, or all will go via ebay auction?

For Toronto people worth to check locally.
Pillar of the Community
Canada
2845 Posts
 Posted 01/31/2016  2:47 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Silveroid, I'm guessing how this might play out but I know Uncirculated Sets were first shipped by RCM around middle of January. Shortly thereafter the Mint acknowledged their mistake by sending an email to their customers, offering a trade.

From that point on, after RCM became aware of the glitch, I'd be very surprised if they'd continue to ship any "defective" sets.. Their quality control people would be on high alert with all sets getting thoroughly checked. I have high doubt that any new shipments would contain a 2015 loonie...but that won't stop people from hoping.
Pillar of the Community
Canada
6768 Posts
 Posted 01/31/2016  3:17 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
From that point on, after RCM became aware of the glitch, I'd be very surprised if they'd continue to ship any "defective" sets.. Their quality control people would be on high alert with all sets getting thoroughly checked. I have high doubt that any new shipments would contain a 2015 loonie.


Oh...you right. It's actually discovered much earlier. Yes, could be new shipments are fine, no surprises.
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 01/31/2016  4:39 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
I doubt the guy from the Coin Shoppe will be selling the 2016 circulation error for issue if he find any. Remember he was the guy who sold the #20,000 last penny roll for $5000+.
Pillar of the Community
Canada
6768 Posts
 Posted 01/31/2016  5:11 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
part of them probably will be sold for issue.
I doubt, that the seller will say to walk-in customers : "Sorry guys, I keep these sets for the ebay" :)

That roll was special case. It only one numbered 20.000, and buy the chance "The Coin Shoppe" got one.
And then, I hardly understand the buyer, who turned to be Mint worker (?) who should know, that the roll is only symbolically "the last one"...
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pocket change 50's Avatar
Canada
1751 Posts
 Posted 01/31/2016  6:46 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
Was the buyer of the last penny roll, that Jack auctioned, a mint employee. I never heard that detail. I know he was on the forum for a time. It was a very interesting auction to watch. This was the only set Jack received and he let the market set the price, which is fair! I think most people would do the same.
Edited by pocket change 50
01/31/2016 6:48 pm
Pillar of the Community
Canada
6768 Posts
 Posted 01/31/2016  7:07 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Well, so I forgot the details.
But the buyer told, that or him or his dad was Mint employee, and he really wanted to get something "memorable" Mint-related, so he went for this "last Penny roll".
That was more or less the story.

In the case of the set, different people collect different stuff. So, this is still "error set" (even assembling mistake) and people will to pay big money for this. The problem that no one knows, how many of these sets came out to the customers.
Worth CAD 100 max, imo, but us we seen, one of the ebay items priced CAD 1000 already sold (with the Best Offer).
Will someone pay now the CAD 2000 (last listing for now)?
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pocket change 50's Avatar
Canada
1751 Posts
 Posted 01/31/2016  7:42 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
The other question, how many returned their sets to the mint. Many may have returned the set without thinking twice, when they got the mints email.

Which error would you rather have, a wrong coin, or a flipped coin in package.
Pillar of the Community
Canada
6768 Posts
 Posted 01/31/2016  9:21 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
Which error would you rather have, a wrong coin, or a flipped coin in package.


"Wrong coin" is better. Don't you remember the conversation about flipping coins in the sets and re-selling them?

There are more sets on ebay now (I see 6 on ebay Canada).
The seller, who recently sold the CAD 1000 set (with best offer), put another one for sale. Looks like he not satisfied with the offer, which accepted, cause now it auction-style listing.
Item ID = 262269803560
Valued Member
Mikesnickname's Avatar
Canada
115 Posts
 Posted 01/31/2016  10:56 pm  Show Profile   Bookmark this reply Add Mikesnickname to your friends list Get a Link to this Reply
I doubt very many got returned. I think most people would realize the value in such a large error.
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Solidifier's Avatar
Canada
814 Posts
 Posted 01/31/2016  11:06 pm  Show Profile   Bookmark this reply Add Solidifier to your friends list Get a Link to this Reply
I bet some got retuned...if you look at the comments in the 2016 set section on the RCM site there is one where someone put 1 star because they got a 2015 loonie in there 2016 set and they are upset about this and want to return in hahah
Pillar of the Community
Canada
2845 Posts
 Posted 01/31/2016  11:26 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
I'm only going to say things sure changed only after the set that was put up for auction sold for $500.

Before that, many forum members didn't think it was much of a big deal either, a packaging error, so what. Some still feel that way....

Pillar of the Community
Canada
6768 Posts
 Posted 01/31/2016  11:50 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
Some still feel that way....


that's truth.
Depends on what do you collect, and thoughts about re-sale.
Pillar of the Community
Canada
2845 Posts
 Posted 02/01/2016  12:27 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

that's truth.
Depends on what do you collect, and thoughts about re-sale.


Yes, and I don't think most people who buy Uncirculated Sets at $24.95 are ever thinking of re-sale. That's what 3 heads of cauliflower to make a pot of soup cost last month. Most people just buy the sets because they want a brand new set of circulated coins to save. So if they didn't get a 2016 loonie, putting myself in their shoes, I can understand why that might be irritating. But rather than sending it back to RCM for a replacement, I'd guess most wouldn't bother, they'd just buy another one.
Pillar of the Community
Canada
5324 Posts
 Posted 02/01/2016  12:33 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
As an errors guy, take a look at the 1992 double struck 25 cents on my earlier post in the errors section, like I said no computer skills to upload a picture, I had to step up and pay 500.00 US each for them, which would you prefer for around 500.00.
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