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 Replies: 33 / Views: 12,863 |
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Valued Member
Australia
354 Posts |
G Day all. Just a quick bit of info on the Olympic $2 Coins POLICY at Woolies, It would be " 1 Coin Per Shop, Per Customer, in Your " Change ". As I went in this Morning to get a Coin with my Paper ( and Accidently forgot it ). The Paper that is, Not the Coin! Anyway went back after Lunch for some Milk & another " Coin ". and as I was Paying for my shopping, the so called on duty Floor Lady came up and said "weren't you in here this Morning" I say yes, and she said didn't you get a Coin already? I say yes. And she said 1 Coin per Customer & was going to Deny me of it. So I asked to see the Store Policy for this Venture? So I had to reply, I can come in and Purchase Your Goods and Services and ask for a Coloured $2 Coin as many time's in a day as I need be, according to this POLICY!! ( 1x Coloured $2 Coin per Shop, per Customer, and only in your change ) and not LIMITED to Once a Day? And No Swapping of Coins! She was not happy with this reply and continued to protest, so I ask her to Please call down the Store Manager, She said nothing and went away in a Huff!! So I said thanks to the Checkout Chick " who now has an Attitude " and no " Thanks for Shopping at Woolies " or Smile! I just Replied " I'll be back " in a Schwarzenegger voice "with a Smile" Well I can Forsee this happening again over the next 6 Weeks  Good luck all. Cheer's jpl... Ps, This would be inline to Stop Scalping! Edited by jpl
07/19/2016 01:06 am
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Valued Member
Canada
192 Posts |
Good luck, keep us posted!
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Pillar of the Community
Australia
908 Posts |
A lot of staff have been issued a memo saying that they will be sacked if they give out more than 1 coin at a time but I suspect that this a store policy and not company wide
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Valued Member
 Australia
354 Posts |
G day steve, Yep that's the same Memo as I read this morning! I would hazard it being this would or should be a Company Thing, as the stores are being harassed to give away multiple coins at one time? If not now, the company should catch on to this soon?  jpl... Edited by jpl
07/19/2016 02:06 am
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Valued Member
Australia
248 Posts |
They would have been better off simply making more of each. The uncoloured poppy coin still circulates in abundance, so if they increased the mintage of each coin from 2 million to 6 million, they wouldn't have these problems.
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Valued Member
Australia
248 Posts |
BTW I think it was also pretty dumb of them to make the coins exclusive to Woolworths stores. They practically invited everyone to go there and buy them all.
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Valued Member
Australia
354 Posts |
Hey Hercules, It is all about Making Money from us now 2.000.000 That is why I haven't been on here for a while, because of it being a Fun Hobby, it turned to the Dark Side! of things.. And really started to dislike the Greed, Money is good but not that good! Just have to accept it  jpl... Edited by jpl
07/19/2016 02:15 am
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Valued Member
Australia
248 Posts |
Quote:
Hey Hercules,
It is all about Making Money from us now 2.000.000
That is why I haven't been on here for a while, because of it being a Fun Hobby, it turned to the Dark Side! of things..
And really started to dislike the Greed, Money is good but not that good!
Just have to accept it
jpl... Hi jpl, I still remember the "good old days" when they would only make one commemorative coin a year, and they would make it in such large quantities that you could keep as many as you wanted. Nowadays, the commemoratives have such low mintages that it really is a matter of "first in, first served". Ordinarily, I would feel bad about walking away with 10 or 20 coloured coins all at once, but thanks to the elusive coronation, remembrance day and ANZAC day coins, I'm not taking any chances this time. Some of these coins have taken me months to noodle, so I'd rather get in now while there are still plenty around. Good riddance to the spirit of fair play! |
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Pillar of the Community
Australia
762 Posts |
Quote:
BTW I think it was also pretty dumb of them to make the coins exclusive to Woolworths stores. They practically invited everyone to go there and buy them all. I think you will find that it is a commercial arrangement and that Woolworths are paying the RAM for that exclusiveness. It's pretty clear that the RAM are now only interested in making money and it sees collectors as it's cash cow. I must say that my interest in the coloured $2 coins has waned. They are supposedly circulating coins but in the 3 years that they have ben released I am yet to s one in circulation. |
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Valued Member
Australia
248 Posts |
Quote:
They are supposedly circulating coins but in the 3 years that they have ben released I am yet to s one in circulation. I've seen plenty of the orange ones in circulation, but the rest I had to either noodle or purchase directly. I know someone who noodles $2 coins on a regular basis just to get the coloured ones, and they seem to be about as common as the 1972 5c, the 1985 10c, and some of the Centenary of Federation 20c coins. You need to go through at least $1000-$2000 to have a decent chance of finding one, and at least $5000-$10000 to have a decent chance of finding all four. The red poppy one was never released into circulation, but I've noodled all of the others within the last 3 months. Thanks to Woolworths, it looks as if I'll have a whole lot more to noodle in future. |
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Pillar of the Community
Australia
3831 Posts |
On hindsight, this is an attempt by Woolies to make you spend at their store with cold hard cash. Not only do they not have to deal with bank surcharge, they get to attract more customers. Makes you queue at the cashier, making it look even busier. Smart move in my opinion.
I don't know if it's a good or bad thing - I've seen colored coins sold at flea markets at silly prices even though they look somewhat abused. Perhaps it's good for retired people to roll search and make a little bit extra cash? I guess it somewhat helps to spark interest in the hobby.
I rarely see much commemorative coins these days - these days I see many 2010s coins heavily abused. Even one coin looked like it had at least 10+ years wear on it (!). I haven't seen any 2016 commemorative coins in circulation and I'm certain nice UNC coins would be long gone by now. Color coins are much rarer - only time I've seen them is during December (maybe RAM intentionally releases them around Xmas). Haven't seen an orange one yet. I'm dead certain the red poppy did circulate - saw one in a till and got one from a good friend.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
United States
4212 Posts |
Wish I had a shot @ this. I haven't seen a Woolworths in 50 yrs.
Do they still sell coin folders & have lunch counters?
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Pillar of the Community
Australia
7096 Posts |
Regardless of how RAM distributes any of the coloured $2 coins and this goes right back to the first Red Poppy coin, It always causes a Storm of controversy and anger amongst collectors. I personally don't think that the RAM is the major cause of this and no matter how the new coins were to be distributed there will always be this problem. I feel that the true culprit for all this controversy and anger is the sheer GREED of a minority of people that will always manage to "Rort" whatever system is contrived by RAM in their attempts to fairly distribute these new coins. If distributed fairly and evenly a mintage of 2,000,000 coins is more than enough for every Australian collector to be able to have an example in his/her collection. Just look at the Canberra florin for example, 2,000,000 minted and there wouldn't be too many collectors that Don't have at least one of these in their collection.  So the next time you feel upset and betrayed enough to pen a complaint about the distribution of these new coins, Send it to one of the Many eBayers that have rorted the system instead of sending it to RAM  |
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New Member
Australia
8 Posts |
Well at least the cashiers aren't buying all the coins and putting them onto ebay at ridiculous mark-ups. That seemed to be the case with previous issues that were distributed via the banks. Coloured $2 coins were a novelty once and looked to be an interesting thing to put aside, I didn't think it would take too long for the novelty to wear off. Now there are multiple coins being produced each year available directly to collectors via the RAM shop I can't see these ever being rare or as valuable as the first one which came out. |
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Valued Member
Australia
248 Posts |
These coins have already hit ebay en masse, with some sellers asking for up to $50 per coin. You can even buy them in bags for up to $900, with the average price being about $7 per coin. If Woolworths' policy were designed to ensure that the coins were fairly distributed, then it certainly isn't working, because some people appear to be swimming in them, and making lots of money in the process.  Why would anyone be stupid enough to buy these coins off ebay when Woolworths is giving them out at face value?  |
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Pillar of the Community
Australia
7096 Posts |
Quote:Why would anyone be stupid enough to buy these coins off ebay when Woolworths is giving them out at face value? All 5 coins on a card will be available from the 27th of this Month at Woolies or the RAM shop for $15. That works out at only $3 a coin for what I think will be coins that are Not heavily bagged up as are the coins obtained from the woolworths tills |
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Replies: 33 / Views: 12,863 |
Posted 07/19/2016 01:22 am
