RCM / Royal Canadian Mint New Releases: 2016 50-Cent Special Wrap Circulation Roll - Page 2

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Author	Replies: 20 / Views: 4,661	Page: of 2

Silveroid Pillar of the Community Canada 6768 Posts	Posted 04/09/2016 1:11 pm Quote: Why couldn't they continue releasing the pennies in the same manner as they continue to this day, with the 50cent? From all the aspects, that Wildflower mentioned, I think, the difference, that the Penny minted from copper/bronze (additional metal), and 50c same as other coins. Except this - business. To Mint the 1c coin mint spends more, and revenue from selling Penny rolls annually will be lower, rather "making money" on 50c rolls. Report this Post to the Staff
wildflowerAB Pillar of the Community Canada 2845 Posts	Posted 04/09/2016 6:54 pm To clarify, yes thanks Silveroid I agree, I think if the mint were ever to sell collector copper pennies by annual issue, it wouldn't be by the roll. They'd be sold as singles encased in a capsule within a clamshell...and priced accordingly. But then comes Special Edition pennies, and pennies in sets whereby you must buy the entire set just for the sake of the penny..... The 50c rolls are not NCLT even though the can be ordered directly from RCM. They'd be graded MS in the same way as a new 25c, from a mint roll from a bank, would be. Edited by wildflowerAB 04/09/2016 7:12 pm Report this Post to the Staff
OttawaVoyageur Valued Member Canada 206 Posts	Posted 08/09/2016 9:50 pm Clearly 32,000 rolls/800,000 coins is way too much. More than 5 months after their release only 87% have been sold by the Mint. ''Previous 50-cent special wraps sold out quickly. Avoid disappointment, order yours today! '' Well I think some dealers sitting on large inventories may soon start to sell them for less than $24.95... Report this Post to the Staff
john100 Pillar of the Community Canada 5324 Posts	Posted 08/10/2016 09:07 am There is legislation to end the penny production, they might produce a 10 kilo penny Report this Post to the Staff
Northerncoins Pillar of the Community Canada 2019 Posts	Posted 08/10/2016 09:32 am I lost interest in these after they increased the mintage from 15000 in 2013. Personally 15000 was too high but anyways, I guess they need to make a profit like any other business. If it takes all year to "sellout" the 2016 roll at 32000 mintage they will have made a decent profit from small three-ply nickel finish plated steel discs. Report this Post to the Staff
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RCM New Releases: 2016 50-Cent Special Wrap Circulation Roll