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 Replies: 45 / Views: 6,284 |
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Pillar of the Community
United States
3789 Posts |
@sherwooddavid noooooo dont lol. I have enjoyed expanding my focus to coins from countries such as Russia and there are some other specific releases for series out there. For me, I have enjoyed the Dr Who coins and looking forward to Donald Duck as well. Also, take a closer look at the German mints, I enjoy their varied themes and super beautiful production. Now, dont get me wrong, I like some RCM coins. One such coin is the Bison series, I dont like all the coins in that series but a few are really nice! |
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Pillar of the Community
Canada
815 Posts |
I realized Mint products were a dead horse when I acquired a ton of $20 for $20 coins at face value, predominantly consisting of the long out of print Polar Bear and Voyageur coins, which sell for a premium. I had them on display for 6 months, and could not sell ONE. The Mint has brainwashed people into thinking of these coins as a savings account, not a numismatic purchase, and I think for the most part, they are targetting bored retirees with their new business model. I don't mean that as a disparaging remark, but the mint has destroyed any semblance of an investor/collector market.
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Valued Member
Canada
411 Posts |
That's me "a bored retiree" ! Lol
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Pillar of the Community
Canada
3692 Posts |
Might be cool to see some new 100% nickel coins. Low mintages due to dies getting used up fast.
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Pillar of the Community
 Canada
1751 Posts |
Will someone please educate me why nickel coins fail to appreciate? I'm thinking of the collector sets from 1968-1990. Also of the nickel: Voyaguer dollar & fifty cent coins. These seems to be still only worth face value, unless they were graded. The nickel Commemerative dollars are very striking in appearance. When and where does numismatics play a role in their lack of value? I realize silver is a precious metal. I don't know anything about nickel or copper. I want to learn about these metals in relation to coins.
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Valued Member
Canada
147 Posts |
I think its two-fold. A combination of source and intrinsic value. Pennies and nickels are big collector pieces because, outside of a few key dates, they're very affordable. Silver coins that trade at melt value are also still very affordable (of which most of my customers hoard, rather than collect). Because nickel dollars and halves are largely impossible to pick up through circulation and hold no intrinsic value (let's not even get into the discussion of whether they can be deposited into banks), I don't think people consider them as collectible. Likewise, I have found the PL Unc sets and older specimen sets were largely overshadowed by the silver counterparts. It took including a unique dollar coin ONLY available through that set to make specimen sets even slightly more desirable.
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Moderator
 Canada
10463 Posts |
Quote:
Because nickel dollars and halves are largely impossible to pick up through circulation and hold no intrinsic value (let's not even get into the discussion of whether they can be deposited into banks), I don't think people consider them as collectible. I disagree... two of your father in-law's collecting customers have found quite a niche in this series, me being one of them... at grades below MS-64, yes common. At grades of MS-65 or higher, combined with low mintages, and the last of the voyageur series... both Tom Becker and Sandy Campbell think the nickel dollar business strikes are sleeper series in MS-66+ grades. Here is what a decade of hunting across the country looks like: http://www.pcgs.com/SetRegistry/all...aspx?s=82059 (note where the 1982 Constitution Dollar was found  ) PS - my bank takes them all the time. In fact, I am "the bank" with nickel dollars for several coin dealers across Canada, which then get filtered by me, and are deposited at my bank (in bags of $250 face value at a time), which then go directly to the mint for the allow recovery program. I have provided complete MS-64 sets to several CCF members over the past years... "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
06/26/2014 4:50 pm
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Valued Member
Canada
147 Posts |
I don't mean literally nobody finds them collectible. For the pedestrian collector that isn't filling out beyond dates, they're largely ignored. I don't think anyone could call your collecting habits "pedestrian", SPP!
With regard to depositing them into the bank, your relationship with your bank sounds highly unique. Is it because you are able to supply them with enough quantity to warrant sending them back for recovery? I'll be honest, I've never tried to deposit them, myself, but the stories I've heard definitely lean toward full refusal of nickel dollars.
Edited by Universalcoins
06/26/2014 9:48 pm
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Pillar of the Community
Canada
576 Posts |
Wow... I'm really enjoying following this discussion. I don't have much to add other than to agree that RCM is at the least frustrating. I like the comment about the beavers. Thanks for the smile. Kind thoughts to all. Liverpool |
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Pillar of the Community
Canada
815 Posts |
Nickel dollars are the dog of the hobby because they are small, ugly, base metal, and worthless. Nothing much more to say. A coin typically has to have at least two of: Precious metal content, scarcity, large, attractive, value, in order to be collectible. Nickel dollars/50 cent pieces have neither.
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New Member
United States
25 Posts |
Quote:
Here is what a decade of hunting across the country looks like wheey.. very nice SPP-Ottawa! Quote:
Nickel dollars are the dog of the hobby because they are small, ugly, base metal, and worthless. Nothing much more to say. A coin typically has to have at least two of: Precious metal content, scarcity, large, attractive, value, in order to be collectible. Nickel dollars/50 cent pieces have neither. Many people find them attractive. These coins also have something you might not be familiar with: character. *shrug* You have your "requirements" to consider something collectible, other people have theirs. Based on the opinion stated, I'll have less competition when it comes to these great coins. Works for me  Edited by dei gratia regina
06/28/2014 7:45 pm
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Pillar of the Community
United States
3789 Posts |
I really like the uptrend in nickel..... even after backing away from its yearly highs, which is very normal and very very very healthy price, its still in an uptrend and if it keeps this pattern probabilities are still in place for higher prices down the road.
keep an eye on nickel this year, I think it will continue outperform gold and silver.
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Moderator
Canada
10463 Posts |
Almost every post 1968 nickel composition MS-66 and MS-67 25-cent sold at the Moore Legacy auction last night. Higher grades are always in demand...
"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
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Pillar of the Community
Canada
1751 Posts |
I watched the Moore's auction on my phone it was very interesting. Roger were you at the auction and was it well
attended? I'm glad your responding to my question on nickel coins. I didn't think I'd see you responding as your in the other forum.
Great discussion everyone, I'm learning so much. Now I'd like the deposit a couple nickel fifty cent pieces just for fun at my bank. I find the different viewpoints very interesting. I'm glad everyone is being respectful of each others opinion!
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Valued Member
Canada
451 Posts |
Are there any promo codes going on right now other than free shipping with Bromberg at TSC?
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Replies: 45 / Views: 6,284 |
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Posted 06/24/2014 11:58 pm
