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Replies: 22 / Views: 9,284 |
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Pillar of the Community
Canada
3733 Posts |
the certificates are not given out in the order of the coins being sold. So it is not uncommon to have certificate number higher than the stated mintage of a certain coin.
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Pillar of the Community
Canada
871 Posts |
Certain numbers matter to certain collectors based on cultural or collectible. I don't care for specific numbers nor would I pay a premium for one.
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Pillar of the Community
Canada
3690 Posts |
Quote: I recently notice that I have some COA over 19700 of a 20000 coin. But what is interesting is that the 2012 reports says that they have sold 18200 of those coins!
Is this the kind of information that could increase the value? Very unlikely to have any added value. I have many coins with COAs higher than the published mintage. It just supports that idea that COAs are issued randomly and are in no way related to production order. I recently got one that is #123.  (i.e. meaningless) Some people attribute meaning to the numbers. I don't get it but then again I don't believe in UFOs, psychics, or bigfoot. But some people do.
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Pillar of the Community
Canada
1502 Posts |
Bit far to put the average joe that prefers one number over another to bigfoot die-hards. COA numbers for coin collectors seems like the serial numbers is for paper-money collectors. There's always a crowd willing to pay a bit extra for a neat string of numbers.
Personally, unless it's #1 of or the last one, only numbers with significant personal meaning will, well, have meaning. For example, I bought a kilo silver coin the month my wife and I got married in hopes to one day flip it and coin's COA number happens to be the date we got married. Needless to say, that coin is now tucked away in the do-not-sell bin
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Valued Member
Canada
135 Posts |
Quick question here... how much of a premium would one place on COA #1? I acquired a somewhat desirable coin with COA #1 this week, and while I don't plan on reselling it, I'm wondering "how much" of a premium it could command?
The coin is a gold issue, from a popular recent series.
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Pillar of the Community
Canada
6768 Posts |
Quote: The coin is a gold issue, from a popular recent series. I think, you better specify, what is the coin, please. I, for example, do not collect the gold coins, and do not recall any popular gold coin series. Is it 2013 Gold Superman? Although, #1 COA doesn't really add the value, but people would like probably to pay more for it....couple of hundreds maybe?
Edited by Silveroid 12/27/2015 09:08 am
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Pillar of the Community
Canada
5324 Posts |
You will get some premium for # 1 on almost any series, even the gold kilo.
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Valued Member
Canada
135 Posts |
Quote: I think, you better specify, what is the coin, please. I, for example, do not collect the gold coins, and do not recall any popular gold coin series.
Is it 2013 Gold Superman? Although, #1 COA doesn't really add the value, but people would like probably to pay more for it....couple of hundreds maybe? I wish it were the 2013 Gold Superman! Not that lucky, although I have a few "non #1" 2013 golds in the collection! The coin I just purchased was the Superman 2015 gold coin (Superman #4 - 1940). The coin was offered by Colonial Acres in their Boxing Day blowout sale: http://www.colonialacres.com/produc...-coin-146354I've never had COA #1 on any coin, so when the opportunity came up to purchase this coin, I jumped (despite recently paying "below issue" for a couple of these gold coins). I know COA #1 might not mean anything to a few collectors, but the novelty appealed to me. After all, who else can claim that they have certificate #1 on this series?!  I figured that if the novelty aspect of the certificate ever waned on my end, I could simply resell it down the line. The big question is - how much of a premium would this coin fetch in the open market in the "long term"?
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Pillar of the Community
Canada
5324 Posts |
Chuck it on ebay, although this coin is selling below issue, the #1 coa would garner some interest, put it as an auction you will be pleasantly surprised in my opinion if it is the latest superman gold. Start auction at say 1500 or so if doesn't sell you still have a cool coa.
Edited by john100 12/29/2015 10:02 am
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Pillar of the Community
Canada
6768 Posts |
I will agree with John, but will not expect much. You already paid (CAD 200?) premium for #1, so that's probably expected market price.
As for the long term...probably no NCLT with the exception of some "first" / "limited" / "classic design" keep the value.
And congrats for nice coin (I like the design of 2015 gold) with numbered #1 certificate.
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Pillar of the Community
Canada
3733 Posts |
it will take a real nut to pay 1500 for this coin, unless you find the only one who collects # 1 certificates..i hope I am wrong but unless you can find 2 people who are willing to bid it out, you won,t get any return on this, I would advise .. if you plan to sell this coin, really hype it up in your ad, and start it at 1,500 us. and keep trying until you get a bite...
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Pillar of the Community
Canada
5324 Posts |
Never know unless you try or you are happy keeping it.
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Valued Member
Canada
135 Posts |
Thanks for the input!
Will stay in my collection for now... the novelty of a #1 certificate hasn't worn out "yet". With all of the NCLT offerings this past year, I'm looking for "anything" to set a coin apart from the pack these days!
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Valued Member
Canada
393 Posts |
Quote: Very unlikely to have any added value. I have many coins with COAs higher than the published mintage. It just supports that idea that COAs are issued randomly and are in no way related to production order. I would agree with that statement as this has happened to myself on occasion (2009 Moon Mask for example). The certificates are entirely randomly inserted from what I understood. Case in point I ordered the $3 Flanders fields coins numbered 06269 and 06334 at the same time. Also a lower number is just a lower number and does not have any real correlation to strike quality. Likewise a higher certificate number won't imply die wear or abnormalities. It's just a number but if you're collecting something specific like 00001 8888, 9999 or 05, etc then good luck. I drove the poor Mint officials nuts in Halifax having them go through their proof sets looking for specific number and finally ended up with parchment 47/200. Back a few years ago when the RCM was selling souvenir 'PL' sets at the RCNA Conventions, I found that the quality of coins were the same throughout, no matter what the back of the folder said. Sadly all were circulation strikes, but that's a different subject matter all together. Here on this side of the border packaging and minting are completely two separate entities and thankfully we haven't jumped on the 'first strike' bandwagon. For me all that matters is the quality and presentation of the NCLT coin and if it's going to hold most of it's value in a few years time. The certificate is nice as it 'validates' the coin but doesn't prove the authenticity.
Edited by Proof Nut 01/02/2016 11:24 pm
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Valued Member
Canada
299 Posts |
I must perform multiple acts of sacrilege as the first thing I do when I buy an NCLT coin is remove the coin and capsule (in anticipation of hard slabbing) and chuck the rest! I do shred the certificates though as I like recycling.
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Replies: 22 / Views: 9,284 |
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