Legacy Of The Penny Five-Coin Set

I feel it, MoneyPenney

But trough the years we all knew this (and it became more visible recently):

if the coin / set not popular it drops very quick in resale value.
When you still keeping the item in your possession - this doesn't bother you, but in case, when planning to sell....literally the melt value is the bottom limit.

I see on other resource people speak about not to lose on the fees of the marketplace site.
And this so irrelevant, when selling something from old releases. Unless, you don't want to wait years, but to sell promptly, need significantly to drop the price and prepare for big loss.

Selling some coins this period (as wanted couple of years ago to narrow the collection), and I happy , when someone offers ~70% from the price that I initially paid (this is before all fees).

On the weekend, the once much sought after 1990 Lancaster $20 and 1991 Silver Dart $20 went under the hammer for $58, $68 after buyer fees. http://www.icollector.com/1990-Cana...rt_i30549304

These coins were issued at $55 each in 1990/91. $110 in 1990 is equivalent to $183 in 2018 thanks to inflation http://www.in2013dollars.com/1990-C...8?amount=110. These coins sold for 62% of their purchase price or 37% of their inflation adjusted price. When I look at the current Charlton suggesting a retail of $120-$150 for the Lancaster and $50-90 for the Dart I shake my head and wonder the last time that Charlton actually verified current trend pricing.

Although both coins weighed a Troy ounce, since they are Sterling, the actual Silver weight of the two of them is 1.85 Oz Using $20.70 as the current price of bullion silver in Canada, they sold, after buyer's premium for 1.8X Bullion which is a reasonable premium for a proof coin and also consistent in range with what the RCM charge for their gold NCLT product. Clearly with very few exceptions,over time all NCLT will trend to a small multiple over bullion. I would have thought that the Lancaster would have been one of the exceptions.

The takeaway is that unless you really like a NCLT coin and want to lock it into your collection, wait 5-10 years or on occasion longer and it will show up in the secondary market at near bullion, especially if the mintage is in the thousands or tens of thousands.

You right about price decrease.
The 2012 set no more hitting 450-500 price as in it's peak.
But CAD 300 is right price to sell fast.
Anyway, the item was priced SO correctly by RCM (at that time)....

But I think not only the Big set has an influence...it also the item becomes old. All 'after-hypes' are over, and it joined to the group of 'another RCM set' (beautiful though)

The idea of display of this theme is great!

But don't forget about the points:
1. Selling as a lot is harder (specially for expensive items)
2. Some people do not like the fact that the coins have been displayed, due to exposure to the sun light.

this is the common situation, and it very nice to display

But remember, here was some post here about coin displayed in the Canada Post?

I caved in... sorry... couldn't resist. Call it nostagialis inflammation of the nostalgia which causes uncontrolled buying of coins.

Product Number 203273
Mintage 15,000
Composition 99.99% pure silver
Weight 31.39 g
Diameter 38 mm
Edge Serrated
Certificate Serialized
Face Value 1 cent
Finish Tailored Specimen

Not sure if I can post picture but here it is:



Mine is on order now.

Congrats! Nice image (as always)!

If I had some spare cash, I'd love to put one on the train track