Expectations were exceeded when the hobbies of coin and stamp collecting joined forces in the Greater Toronto Area for Trajan Media’s three-day National Postage Stamp and Coin Show. Les Garvey, owner of Edmonton’s Garvey & Sons, said he enjoyed an “above-average” weekend, adding the final day, May 15, was “one of the busiest Sundays we’ve seen in a long time.” “Our sales were very good. We saw a lot of new collectors and made a lot of new customers, and we come here often, too,” said Garvey, who added he makes the nearly 3,500-kilometre trip east to Toronto four times each year. “Having more customers is always better for business, and with a lot of new people on our mailing list, it makes things much better. It’s always good to meet new collectors.” Continue reading →
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The Royal Canadian Mint annual report is out, and once again the collector is king. For years, I have always looked at the numbers in our favourite crown corporation’s fiscal year end and pointed out the significant fact that sales to collectors has always been the most reliable, and generated the best profit margins, of anything the Mint does. This year it is official. Forgive me for being the “I told you so” guy, but I’ve been wrong often enough to enjoy it when I am right.
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