Rolled Coin Set 2017

trout · June 05, 2017, 02:02:49 AM

These rolls do NOT contain special collector coins, They are simply circulating coins that have been minted for the Australian government and the Mint already gets paid to produce them for this purpose.
To charge the Australian public this much Extra for these coins is just so wrong especially as the Mint already gets paid to produce these by Australian tax payers.
What part of "Reasonable" is it for a government department to "Monopolise" these and hold collectors to ransom.
The Mint should be supplying these at face value because that is what they have been contracted to do and to put a 244% surcharge on these coins just because they are rolled (just like they used to be) is very wrong and possibly a breach of contract.
Why is it that RAM supplies the "Baggies" at NO extra cost But not the rolls?
The only justification for these ridicules charges is to ensure that the "Pet" dealers can continue to Rip collectors off year after year with their exclusive access to these RAM rolls .

Cockatoo Coins · June 05, 2017, 07:13:31 AM

Dealers have only ever charged the Rams RRP for rolls, we dont get them at face value either, if the Ram sold them at close to their face value they wouldn't be economical to produce and neither the mint or dealers would bother with them as the margins are tight enough already

Hercules · June 05, 2017, 08:56:16 AM

It's a great idea, but not economical for me at all. On a positive note, at least we now know that all of the standard designs will be circulating this year.

JeffH · June 05, 2017, 04:03:38 PM

How to make friends and influence people........
Manufacturers who also sell retail and compete with their wholesale customers generally upset the wholesale customers. And they aren't really doing most collectors a favour with, perhaps, the exception of ones who live away from the cities and don't have easy access to a dealer.
Sort of a lose/lose situation just to try and make a few extra dollars.

That said the RAM shop is a commercial operation and sales and marketing decisions would be much the same as for any retailer. The RAM shop however has one difference from a normal dealer -they are perceived to have the clout of the mint behind them.
If they did have any influence with the mint (manufacturing side) they would be well advised to be pushing for some decent quality with some of the coins they sell. It is most disappointing to open multiple bags and not find one coin devoid of numerous scratches and scrapes. Yet I can open twenty year old rolls (or even security firm bags) with confidence of finding a number of unmarked coins.

Hercules · June 05, 2017, 04:37:07 PM

Quote from: 'JeffH' pid='109172' dateline='1496644418'It is most disappointing to open multiple bags and not find one coin devoid of numerous scratches and scrapes. Yet I can open twenty year old rolls (or even security firm bags) with confidence of finding a number of unmarked coins.

:i_agree: That's why I bought a couple of RAM rolls of this year's Lest We Forget $2 coin. The bags were absolutely shocking, and not worth the money I paid for them.

kchan1111 · June 05, 2017, 05:06:46 PM

Quote from: 'Hercules' pid='109173' dateline='1496646427'
Quote from: 'JeffH' pid='109172' dateline='1496644418'It is most disappointing to open multiple bags and not find one coin devoid of numerous scratches and scrapes. Yet I can open twenty year old rolls (or even security firm bags) with confidence of finding a number of unmarked coins.

:i_agree: That's why I bought a couple of RAM rolls of this year's Lest We Forget $2 coin. The bags were absolutely shocking, and not worth the money I paid for them.

It's absolutely worth the money you paid for them! At 1x face.

JeffH · June 05, 2017, 05:15:18 PM

Having seen how the RAM handles circulation strikes I am of the opinion that most of the damage to the coins their shop sells happens prior to being bagged or rolled. Obviously rolled coins are less likely to suffer further damage in handling and transit, but, overall, I assumed there would be little difference on delivery.
Please disabuse me if I am wrong. Evidence, and not supposition, would be nice -I have already done the supposition part.

Hercules · June 05, 2017, 07:04:58 PM

I don't want to open up my rolls yet, so it could be years until I know for sure whether my hypothesis is correct. However, the coins on the ends of the rolls don't have any scratches at all, which suggests to me that the bags are doing most of the damage.

seedyrom · June 05, 2017, 07:26:29 PM

Heh

Not worth face value

Hercules · June 05, 2017, 09:18:46 PM

I was including postage. It's not as if they post them for free, you know? :winkextra:

seedyrom · June 06, 2017, 05:36:48 AM

I'll admit I always try to maximise postage where possible, however generally I consider postage as just a cost of doing business which doesn't have bearing on the cost of the end product.

I understand that could be been as simplistic, however, if I can get something shipped from Canberra to my door in Sydney for $10 ... it's actually a saving in my eyes. My time is worth a lot more than that.

kchan1111 · June 06, 2017, 06:32:40 AM

I bought 3x of each Mabo 50c, $2 ANZAC and $1 bags so $90 all up. The $10 postage is a modest premium above face.

trout · June 06, 2017, 07:47:16 AM

Quote from: 'JeffH' pid='109177' dateline='1496648718'Having seen how the RAM handles circulation strikes I am of the opinion that most of the damage to the coins their shop sells happens prior to being bagged or rolled. Obviously rolled coins are less likely to suffer further damage in handling and transit, but, overall, I assumed there would be little difference on delivery.
Please disabuse me if I am wrong. Evidence, and not supposition, would be nice -I have already done the supposition part.

I have opened recent RAM rolls and the coins are pretty much the same condition as the Bagged coins, I am certain that I posted images of the coins that disappointed me here somewhere.
You only have to compare the condition of our recent Mint set coins to those of past years to notice a steady decline in the quality of the coins in the sets, The rolls are NO different :ok:

Hercules · June 06, 2017, 07:59:29 AM

Quote from: 'kchan1111' pid='109201' dateline='1496696560'I bought 3x of each Mabo 50c, $2 ANZAC and $1 bags so $90 all up. The $10 postage is a modest premium above face.

Lucky you. I bought each of them as soon as they came out, because I didn't know they were going to release any more. Thus, I ended up paying postage for each of them, when I could have bought them all at once.

kchan1111 · June 06, 2017, 08:46:05 AM

Quote from: 'Hercules' pid='109204' dateline='1496701769'
Quote from: 'kchan1111' pid='109201' dateline='1496696560'I bought 3x of each Mabo 50c, $2 ANZAC and $1 bags so $90 all up. The $10 postage is a modest premium above face.

Lucky you. I bought each of them as soon as they came out, because I didn't know they were going to release any more. Thus, I ended up paying postage for each of them, when I could have bought them all at once.

Yeah I think I got lucky. I waited a bit to accumulate a few items before placing the order at one go. So I am taking bit of a risk. They do run out temporarily after initial big rush. But usually more becomes available.