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 Replies: 23 / Views: 3,832 |
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Pillar of the Community
Canada
814 Posts |
iv noticed this also. I have 1 extra left I bought to sell. Will just wait until the next one or the one after that is released. If the new ones are nice people will want the first one....then it will die down again.
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Pillar of the Community
United States
3789 Posts |
yea,,, its clear that flipping coins is great for flippers. Long term is extremely dicing and its probably better to wait on the more popular coins after the hype fizzles, then you can pick them up. In addition, the RCM is making way to mannnny coins. But its not because there isn't demand,,, there is demand, thats why flippers are able to flip... but then too, it might be that they have so much product coming out that the attention spans are too short for one product a time. |
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Pillar of the Community
 Canada
5404 Posts |
buy this nclt so called coinage and you will reap what you sow!
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Pillar of the Community
Canada
2124 Posts |
RCM is releasing many many coins, that;'s nothing new. But, in this case the series hasn't finished yet.
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Moderator
Canada
10463 Posts |
Wow, mint product depreciating drastically.... I would have never imagined that happening...  /end sarcasm "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa
02/27/2014 08:30 am
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Pillar of the Community
Canada
1461 Posts |
I don't really have an issue with the amount of variety. The issue is mintages. Some of the coins should be brought down to 2500 (or even less) and certainly not over 5000. It would certainly make the hobby more interesting and the market much more competitive. I'm guessing though at 2500 it might be difficult to cover off production costs. An FYI from a retail standpoint (at least from my experience) most new RCM products are bought as gifts and by people who truly like the designs and not as investment. |
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Pillar of the Community
Canada
5324 Posts |
How can one say the NCLT are an investment when in 2013, one series and maybe 2 or 3 other coins held value while the other 200 or more issues can be purchased at discounts. Buy these coins for themes or design only, the RCM has overproduced and overpriced their coins |
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Pillar of the Community
Canada
3234 Posts |
My feeling is that this "stuff" is always going to be "melt value"...down the road.
Too many products coming out and none of it will ever be rare...............but still nice to look at and then pass it on..........for some next generation..of a non-collector..to melt..........
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Pillar of the Community
Canada
1461 Posts |
Here is another way to look at it. We have all bought some trinket or gift to stick on our or someone else's fireplace for 50 bucks at some point only for it to wind up at a garage sale a few years down the road for a buck. At least with a coin you have some value going forward. Not to say that some modern coins don't turn a profit, they do, but if you want investment, especially now, buy Maple Leafs or numismatically significant coinage.
Edited by TheCoinHunter
02/27/2014 11:13 am
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Valued Member
Canada
373 Posts |
This coin hit $200 on ebay at one point? All I know is that RCM ruined this series with a poor second coin. |
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Pillar of the Community
United States
2764 Posts |
I agree with the majority that: 1) Too many coins (too many design/large mintage) released by RCM2) The 2nd coin just ruined the series Btw, when did this coin hit $200? The most I saw was average around $150 or so..... |
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Pillar of the Community
 Canada
2984 Posts |
Quote:This coin hit $200 on ebay at one point? All I know is that RCM ruined this series with a poor second coin. Even now some are listed for $200. Like this one: http://www.ebay.com/itm/2013-CANADA...em4ac565bb71Of course, none are selling at that price now. But when it was hot, it consistently sold in the $150-$200 range. |
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Pillar of the Community
Canada
1581 Posts |
The glass Ladybug had a Trends of $700 last December.
The latest issue (March 11-24) has it up to $800.
So, some NCLT is doing OK.
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Valued Member
Canada
300 Posts |
Quote:
The glass Ladybug had a Trends of $700 last December...So, some NCLT is doing OK. Oh, for sure. And the first GITD dino will almost certainly always trade well above its initial list price. But it *has* dropped a fair bit from its height of a year or so ago. And the 2nd and 3rd dinos in the set can easily be found at list price--for example J and M Coins is selling both right now--and probably lower if you're patient on ebay auctions. |
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Pillar of the Community
Canada
1461 Posts |
Another example is the 1998 Lunar (The first coin in series). Around $500 in it's hay day and some still listed at that price but most are selling at well below $200 these day.
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Replies: 23 / Views: 3,832 |
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First Page
Posted 02/26/2014 10:06 pm
