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jsinger21
Pillar Of The Community
Canada
559 Posts
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Hi everyone,
I was just curious why the latest and last coin made of Niobium sold out so quickly since the first 2 were widely available?
Any input?
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Pillar Of The Community
Canada
559 Posts |
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Pillar Of The Community
Canada
1502 Posts |
Even after the first two coins sold out, the subscriptions were still available so I suspect that pushed more people into the set, thus guaranteeing sales of the 3rd and 4th. I also think the series took off slowly because of the price ($138 including tax), the small size of the coin, the unfamiliarity with Niobium and the colour/design of the first two coins. The 3rd and 4th are simply nicer looking coins IMO. Still, this has not been a blockbuster series but if collectors have the first, second and third, it's understandable that they would want the 4th. Therefore, I suspect dealers ordered most of the 4th in the series knowing that they would have strong resale as collectors fill in their sets. Incidentally, the subscription is certainly more profitable for the RCM because it requires only one wooden case whereas the 4 coins individual require 4 cases (and packaging/shipping cost). I think there should have been a discount for committing to all four.  Edited by CC-Ottawa
05/23/2012 09:18 am
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Valued Member
Canada
396 Posts |
I wonder why the mint does not sell any accessories. For example, overstock case and capsules.
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Pillar Of The Community
Canada
1502 Posts |
Quote:
I wonder why the mint does not sell any accessories. For example, overstock case and capsules. A little off topic, but the Mint does sell some accessories. As for boxes, I suspect they rarely have overstock since they likely order JIT from the manufacturers and they usually have RCM logos on them. Putting empty boxes into the marketplace could be an open invitation to counterfeiters or people making their own 'sets'. Besides, there is not much profit in capsules and packaging relative to the logistics, increased SKUs etc.
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New Member
Canada
15 Posts |
I just wish I could get the subscription 4-coin case somehow. I managed to get the first two coins from dealers and the last two from the mint, but displaying them in four separate cases isn't as cool.
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Pillar Of The Community
Australia
4041 Posts |
hHs someone got a link or a picture for this coin? Never heard of Niobium  |
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Valued Member
Canada
396 Posts |
According to my Google research, niobium is a rare metal but not a precious metal, so why is this coin priced much higher? Does it have something to do with the process of making it?
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Valued Member
Canada
396 Posts |
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Valued Member
Canada
78 Posts |
Quote:
According to my Google research, niobium is a rare metal but not a precious metal, so why is this coin priced much higher? Does it have something to do with the process of making it? Niobium is used for the colorization of the coin, it's not painted as the metal itself is colored. The Mint is making every coin unique in giving a "random processing" (I can't explain what is the process), so the color and shades is slightly different for every coin. I like these coins!
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Valued Member
130 Posts |
 TIPIT
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Valued Member
Canada
52 Posts |
I think they use different oxidizing techniques to achieve the colours....
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Pillar Of The Community
Canada
584 Posts |
Quote:
I think they use different oxidizing techniques to achieve the colours.... Anodizing is a form of oxidizing, but the color is simply added with dyes. They may well have used aluminum to achieve the same effect. An anodized Titanium Coin would be cool, but hard to make. Quote:
Anodized niobium
Niobium anodizes in a similar fashion to titanium with a range of attractive colors being formed by interference at different film thicknesses. Again the film thickness is dependent on the anodising voltage.[13][14] Uses include jewelry and commemorative coins. http://en.wikipedia.org/wiki/Anodizinghttp://www.longcanyon.com/Shop_Ring...dizingNb.htm
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Valued Member
Canada
78 Posts |
Thanks for the welcome ;)
I thought the niobium was more appropriate for this kind of colorization, so thanks for this clarification!
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Pillar Of The Community
United States
1490 Posts |
The only disappointment for me is that the coin wasn't ALL 100% niobium.
If I'm not mistaken, the price of Niobium is relatively low $50-100/kilo while silver is about $900/kilo.
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Pillar Of The Community
Australia
4222 Posts |
At 8.5g this is one super expensive silver nclt coin.
It works out to be over $400 per oz for the silver.
Nice looking reverse on the coin but I think I will pass on this one
Aim to Enjoy life. You only get one shot at it
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Posted 05/22/2012 8:56 pm
