Post offices offer an opportunity

On the surface, the term sell-out seems somewhat unambiguous. I mean either you have something or you sold it all, right. Well yes and no. The Royal Canadian Mint retails coins to collectors and wholesales them to dealers and distributors around the world. That means every time a coin is planned, the mintage is sort of divided up, so much for each market, and so many for direct sales. Admittedly that’s a somewhat simplified version, but you get the idea. There is an advantage for collectors, when a coin is launched it isn’t as if the dealers can phone up and order everything in stock. Dealers ask for what they want, and then see what they get. In some cases they don’t get what they hoped for because demand is high enough that there aren’t enough coins. Continue reading →

Superman clears the shelves faster than a speeding bullet

Two iconic comic book covers appear on these coins. Superman’s first appearance from 1938, and a classic one from 1972. The superman coins sold out quickly.

The Royal Canadian Mint’s (RCM) new Superman coins turned into super sellers, with the four coins selling out in just days. The coins were unveiled on Aug. 29, at Fan Expo Canada in Toronto by Peter Van Loan, leader of the government in the House of Commons, and Patrick Hadsipantelis, vice-president of marketing and communications at the Royal Canadian Mint. The coins went on sale on Sept. 2 at RCM boutiques in Ottawa, Winnipeg and Vancouver, as well as distributors and participating Canada Post outlets. By Sept. 8, the RCM’s inventory was gone, with all four coins listed as sold out at the Mint’s website. However some retailers may still have inventory. Continue reading →

World Cup memories live on in coins

The World Cup’s colourful mascot, Fuleco, is featured on a $10 coin from Cook Islands.

As the world settles down from World Cup fever, coin collectors will have plenty of souvenirs to remember the 2014 games. FIFA – the sanctioning body for the event – recognizing the success of commemorative coins for events such as the Olympic Games, created its own official numismatic program back in 2004. In recent years, the company MDM (Münzhandelsgesellschaft Deutsche Münze) has been responsible for the development, promotion and roll-out of the official international commemorative coin program for the World Cup. The coins offered by MDM include gold and silver commemorative coins from 40 different countries. Understandably, many of the coins come from Germany, winner of the 2014 Cup. However most of the coins were created and struck before the competition started. Continue reading →

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