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 Replies: 66 / Views: 15,389 |
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Pillar of the Community
Canada
1571 Posts |
To each their own. Please say good bye when you start to disappear.
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Pillar of the Community
Canada
1571 Posts |
If you bought every single coin issued in 2017, you would 100% for sure loss your shirt when trying to cash in. That is a fact. I can walk into a dealers shop in Toronto and get whatever coin is currently on the mint's website for at least 5% off. That includes coins that just came out, are about to come out, and haven't been dreamed up yet.
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Pillar of the Community
Canada
798 Posts |
Even very rare coins in NGC PF70 holders can be bought for $75-$80, which is what they would have costed raw.
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Pillar of the Community
 Canada
2984 Posts |
Quote:
The reason is, the more expensive low-mintage coins would appreciate much more than the value lost from inexpensive high-mintage coins. Its the complete opposite. Expensive low mintage coins like the Kilo coins, 1 oz gold coins, 1 oz Platinum coins, 5 KG Silver, and the 1 Kilo NEVER appreciate in value. The 1 Kilo Gold coins sell for $75,000 and there is only 10 of them. Yet I never seen one sold for more than issue price. Same with the 5 KG Silver coins that sell for $12,000. For the less expensive Kilo coins that sell for around $2200-$2500, never seen one that sold above issue price. I participate in many coin auctions and I always see bigticket, low mintage coins go well below issue price. One time I won an auction for a 1/2 Kilo coin for $600 when issue was $1099. On the other hand, high mintage low value coins sometimes do appreciate in value. Like the 1st GITD Dino, the Pysanka, and the Cherry Blossom coin. Edited by MoneyPenney
11/08/2017 1:37 pm
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Pillar of the Community
Canada
6768 Posts |
The Coin Shoppe has a website interface upgrade.
They probably still in the progress, since not few bugs there.
In overall - the font is good and presentation as well.
But what I didn't like:
the movement. 3 rows of the main page are moving, and it destroys the focus and concentration on single coin. In addition - even in their movement, they not present all the coins in the category, so why to move them by default - let the user to scroll.
Basically, instead of all 3 (I don't find them useful), on the main page would prefer to have still view of the "Resent items".
Anyway, great to see this dealer evolves. Still will be my first option to check.
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Pillar of the Community
Canada
6768 Posts |
Has the RCM December coin release been cancelled due to all changes (coins in the Walmart, reduced demand, closure of the Vancouver branch), or there is no Dec release, since RCM usually doesn't do it? |
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Valued Member
Canada
457 Posts |
Dec coins are out now
Two 1 oz Mapleleaf coin $189.95
12 coin crystal B-Day $54.95 each
1oz Yig & Yag $164.95
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Valued Member
Canada
457 Posts |
All the above coins are VERY disappointing to put it nicely :(
Ugly If I'm being honest:(
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Pillar of the Community
Canada
1461 Posts |
Until the RCM limits the mintages of affordable coins to under 2K, they will never appreciate. RCM should take lessons from other world mints that have produces some beautiful coins with mintages under 2K and that have AT LEAST sustained their values. I'm always straight forward with my clients when selling them RCM products. Buy the coin because you like it's design, no different than a nice (insert product here) you would buy for yourself or as a gift at any other store with the possibility that it will wind up at a garage sale 5 years from now. There is nothing wrong with it as long as expectations are set. Buy an RCM bullion product if you want your product to appreciate over time. Last but not least, specifically on the Superman series...Everything after the first series was one too many... Edited by TheCoinHunter
11/28/2017 2:38 pm
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Pillar of the Community
Canada
6768 Posts |
Quote:
Two 1 oz Mapleleaf coin $189.95 Just saw the images on the popular market place. RCM surprises the collectors by issuing Proof 1oz SML! The first since 1989. Well, it still not 'pure traditional' Proof SML, but modified - the surface isn't mirrored, but covered with the '30 and maple leaf' pattern. The mintage of the set is 5000. The price however might distract many of potential buyers. CAD 190 for 2 coins set? Does someone still ready to pay CAD 95 for reverse-proof version? |
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Pillar of the Community
Canada
789 Posts |
Quote:Just saw the images on the popular market place. RCM surprises the collectors by issuing Proof 1oz SML! The first since 1989. Well, it still not 'pure traditional' Proof SML, but modified - the surface isn't mirrored, but covered with the '30 and maple leaf' pattern. The mintage of the set is 5000. The price however might distract many of potential buyers. CAD 190 for 2 coins set? Does someone still ready to pay CAD 95 for reverse-proof version? @Silveroid: RCM have already released a proof 1oz SML in the 1989 maple leaf set. |
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Pillar of the Community
Canada
6768 Posts |
Quote:@Silveroid: RCM have already released a proof 1oz SML in the 1989 maple leaf set. Truth, exactly as I wrote: The first, since 1989 |
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Pillar of the Community
Canada
6768 Posts |
December release (small one) days ago published on the RCM and dealers. But marketing people at the Mint in shock: on the forum even no one speaks about it, except the initial couple of posts. And 2017 MC Special SD - was able Walmart to sell some, or returned to RCM? The silence is worse than negative comments. |
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Valued Member
Canada
367 Posts |
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marketing people at the Mint in shock: Thank god, I'm not the only one who thought there are many marketing people on this forum. For the December release, I found the Silver maple leaf 2-coin set is really nice. Seeing a proof coin and a reverse-proof coin side by side is oddly satisfying. However, this set is not selling out soon and I'm not in a hurry to buy it. I'm waiting for a deal, just as an evil investor does. Update for the 2 oz silver maple leaf coin: I took advantage of the $25 Black Friday deal and ordered one. Ten minutes after I opened the package, I asked RCM for a replacement. There was a 3mm by 6mm scratch on the maple leaf side. On the other side, the laser printing of "30 years" and maple leaf waves were very fat. It seems the waves were printed multiple times. |
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Pillar of the Community
Canada
6768 Posts |
Btw, 2-coin SML set: as noticed on other forum, and as appears on the APMEX website, the set is "product of collaboration between RCM and APMEX". So this kind of commissioned item? In any way, I like it more, than "Anniversary items" for other bullion coins - 2 oz silver bar and inside of it - 1 oz coin. |
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Replies: 66 / Views: 15,389 |
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Posted 11/07/2017 9:10 pm
