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What's Up With The Grizzly Coin?

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New Member

Canada
5 Posts
 Posted 11/02/2016  7:08 pm Show Profile   Bookmark this topic Add tr9865 to your friends list Get a Link to this Message Number of Subscribers
When it came out yesterday, I placed an order for one, thinking that I would just cancel it later if I changed my mind. Until this afternoon, it was showing as 87% sold. All of a sudden it became sold out, and on the mint website it says "Also available from Canadian Coin & Currency!".

I checked out the Canadian Coin and Currency site and they are selling them for $1500 instead of $999.95. Seems a bit fishy to me. Is this normal?

Edit: Just noticed this on the Canadian Coin and Currency page for the coin: "Note: This first coin only is now priced at the current market value. However, you can still get this coin at issue price as part of the full five coin subscription set while limited quantities remain."
Edited by tr9865
11/02/2016 7:12 pm
Valued Member
Canada
91 Posts
 Posted 11/02/2016  9:22 pm  Show Profile   Bookmark this reply Add Rg500s to your friends list Get a Link to this Reply
Shopping channel at issue price
Pillar of the Community
Canada
6768 Posts
 Posted 11/02/2016  9:50 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Commissioned by CC&C / the Shopping Channel

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silverwolf's Avatar
Canada
3733 Posts
 Posted 11/02/2016  9:56 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
you can get the single coin at any dealer right now for issue price..
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Debrajc's Avatar
United States
4211 Posts
 Posted 11/02/2016  10:07 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
and yes...shop around for it with dealers and find one at issue price.
Valued Member
Mikesnickname's Avatar
Canada
115 Posts
 Posted 11/02/2016  10:37 pm  Show Profile   Bookmark this reply Add Mikesnickname to your friends list Get a Link to this Reply
I'm curious. How many people on the forum have taken the plunge and subscribed to this series?
New Member
Canada
5 Posts
 Posted 11/03/2016  08:30 am  Show Profile   Bookmark this reply Add tr9865 to your friends list Get a Link to this Reply
I already have one on order from the mint and am not looking to buy another, so it's not a big deal for me. I just thought it was strange that it sold out very suddenly and the mint is now telling people they can get it at CC&C for 50% more.
Pillar of the Community
Canada
2845 Posts
 Posted 11/03/2016  08:52 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
If it's a commissioned coin, don't read anything into RCM selling out. They may have left with very few to sell, making it appear that it's hard to come by. Then "Already Sold Out At the Mint!" has the potential to increase popularity for Shopping Channel and CC&C. A sort of marketing shell game.....
Valued Member
Jackalope's Avatar
Canada
194 Posts
 Posted 11/03/2016  09:39 am  Show Profile   Bookmark this reply Add Jackalope to your friends list Get a Link to this Reply
No worries, after Bromberg and the shopping channel finish trying to pawn it off on everybody it will show up at RCM under the category BACK IN STOCK.
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 11/03/2016  3:20 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Its a commissioned coin. Here is the part of email from Canadian Coin & Currency.

What's-Up-With-The-Grizzly-Coin?
Valued Member
SoulBrotherNo3's Avatar
Canada
330 Posts
 Posted 11/03/2016  3:30 pm  Show Profile   Bookmark this reply Add SoulBrotherNo3 to your friends list Get a Link to this Reply
I could have sworn I heard Bromberg say that 400 of these were sent out of the country leaving 800 for Canada.
Anyone else watch and hear something like this or is old age starting to creep up on me?
Pillar of the Community
Canada
6768 Posts
 Posted 11/03/2016  3:40 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
I heard Bromberg say that 400 of these were sent out of the country leaving 800 for Canada.
Anyone else watch and hear something like this or is old age starting to creep up on me?


But it doesn't mater
The mintage is worldwide....if you do not live in one of the major cities, you probably will be the single owner of the coin around.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 11/03/2016  5:39 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
RCM actually directing people to a specific dealer is just nuts. Especially with the mark up. Nuts!!
New Member
Canada
5 Posts
 Posted 11/03/2016  6:33 pm  Show Profile   Bookmark this reply Add tr9865 to your friends list Get a Link to this Reply
I had no idea the mint made commissioned coins. It makes a bit more sense now. Do you know of any other examples of commissioned coins?
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Canada
6768 Posts
 Posted 11/03/2016  8:29 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
Do you know of any other examples of commissioned coins?



Big Coin series (all of them),
Animal Series [Several series] (4 coins each) with Serial Number on the edge
Coloured Animals series
2013 SML Piedfort

and probably some others
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 11/03/2016  10:45 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Other coins include the Glow in the Dark 2 oz silver coins. The last one being the Coral Reef coin.
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