Are NCLT Coins Really Tanking Or Occassional Bargain.

I have also been reading Coin World column, the analyst it gives a broader perspective. Its an eye opener and gives a different perspective, especially when reading the comments. It just be a downturn in local markets. Especially in auctions, however, prices are still high in BINS.

Also as collectors aren't we keeping the coins we buy. What is changing is the opportunity to fund your collection by flipping. Flipping is a rather new approach, made possible by ebay. All of a sudden everyone is dealing coins. So now there is a lot more competition, which can drive prices down, with sellers trying to under bid each other.

What other time period in history offered this opportunity of selling your own coins to a world market. Yes the large number of releases in this market are having an effect on prices. Many collectors got spoil by buying extras to sell, in order to fund their collections. Reading the US nclt forums this is very apparent for the hot releases. They are very up front in talking about buying extras to resell and the price increases.

I think since flipping has declined in Canada, now collectors have soured on Canadian coins. What has happened to being happy with buying to just add to the collection. This was the way it was prior to ebay. I think the ease of ebay has changed the way we see and think about modern coins. Maybe we have gotten spoiled by funding our collection through flipping, hence the sour grapes talk. Things are always changing, an ebb and flow. No one can see the future. Its why the best advice is to carefully consider the next purchase.

I just finished reading an interview of a dealer specializing in European modern coins in the states. He values nclt coins as artwork, done sometimes in very innovative ways. He said nclt is different than circulating coinage. Circulation coins are a means of exchange, where nclt coins are more like small works of art. This distinction makes a lot of sense. It explains why there can be two types of collectors and the different reasons behind specializing in one or the other. I like nclt coins to appreciate the artwork.

Money isn't lost until its time to sell, if we keep selling our coins, our collections would be bare. I think we need to take a hard look at why we buy the coins we do, what are our intentions and end purposes.

We all want cheap coins, however when prices cheapen, we all complain the market is crashing. Now we cant have it both ways. We need to choose one.

I will gladly pay up for a coin IF

a- it is something I like..

b- it increases in price in the secondary market after sometime..

one coin that I did break down to buy was the silver 2015 Back to the Future coin with the Delorean.

Hopefully there will be some strong designs, similar to the 1967 designs. They need to put out some well thought out appealing designs that are meaningful. I do like the fact our coins have a minimum of text on them. I am putting money away in preparation for some worthy coins. The one thing I dislike on the American coins is the heavy use of text. I feel too much text detracts from coin designs, I

Yeah I missed the whole thing and there's no way to see the candidates. They had Alex Coleville design the 1967 coins, a world renown artist. This time it was an open contest, maybe a good design or two. I'm not holding my breath. Hopefully the none circulation coins will have a few stunners.

So almost guaranteed, that we well have "alternative" circulation coins, as real circulation and NCLTs as well in the singles and various sets and subscriptions editions.

The two sets above (quarters) were intended to get young collectors interested in the hobby.

I'd love to see the 1967 Alex Coleville designs re-used for 2017, including the 50 cent piece.

I think a lot of the new grannybaitish stuff the RCM has been releasing as of late is really hurting the hobby (e.g. Looney Tunes, Nascar)

However, it seems a lot of their classic stuff like commemorative dimes, quarters and loonies that I'm selling are as hot as ever. People like collecting things that look like circulation coinage but are of a different design you can't get in change. I listed things 2 days ago on ebay, didn't look at them and some of them are already at $20, or have 20+ watchers!

A lot of my coin auctions have more than 10 watchers so I guess coin collecting isn't dead...yet. :)