New RCM / Royal Canadian Mint Release: 2016 Silver 3-Coin Subscription - Canadian Salmonids

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Author	Replies: 7 / Views: 1,890
CCFPress Press Manager United States 1420 Posts	Posted 01/18/2016 11:44 am Royal Canadian Mint - 2016 Fine Silver 3-Coin Subscription - Canadian Salmonids - Mintage: 5,500 Report this Post to the Staff

SPP-Ottawa Moderator Canada 10456 Posts	Posted 01/18/2016 11:54 am A very expensive lure!! I use Len Thompson lures for lake trout, brook trout and land-locked Arctic Char in northern Canada. If I tried using that ugly RCM lure to catch a salmon, all I would catch would be a very large fine... (most salmon rivers are only open to fly fishing). Why on earth would the RCM use a lure here, and not a really nice hand-tied salmon fly? What will be next, a lobster coin with a codfish jig? "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 Oppenheimer Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US My eBay store Report this Post to the Staff
john100 Pillar of the Community Canada 5324 Posts	Posted 01/18/2016 12:48 pm The lure is for 300.00, but a nice box. Report this Post to the Staff
Silveroid Pillar of the Community Canada 6768 Posts	Posted 01/18/2016 1:08 pm Quote: The lure is for 300.00, but a nice box. yes, probably people will need one case more - to store Coins #4 and #5 out of 3. Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 01/18/2016 7:44 pm Sorry. $59.95 ea. would be OK, maybe $69.95... But 49.95 would be a killer deal. With so many NCLTs unfortunately one has to look at the raw metal value. I'll pass. Report this Post to the Staff
pocket change 50 Pillar of the Community Canada 1751 Posts	Posted 01/18/2016 7:57 pm I agree with your pricing C_C, coins are just over priced currently. It is interesting the number of fish themed coins lately. They looked nice on the coin show. Great depiction of the fish. SPP I had a good laugh on your comments on the lure and fines. Its probably designed by someone who doesn't fish. I wonder what the RCM logo would catch, if anything. Its interesting how boxes are now the norm, at least they have gone back to wooden boxes. Interesting the lures are a family business started in 1929 and is located in Lacombe,AB. I thought it looked similar to what I used as a kid to catch jack fish. They have an interesting little website. Edited by pocket change 50 01/18/2016 8:04 pm Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 01/18/2016 8:32 pm Hi PC50, Thanks for your awesome contribution on this forum. Keep up the good work. Years ago on this forum I coined the DUD threshold at $1M. Meaning anything above the $1M was defined as a dud. This rule stood unchallenged until 2008. The rule stated that any release of $ per coin X mintage > $1M was a dud. For example, $99.95 X 5500 is $550,000 < $1M and therefore would be a good buy. Looking at all the recent RCM releases.... they pretty much all fall under the $1M DUD threshold. So we must readjust. I declare the next DUD threshold at $400,000. One coin barely making the threshold is the $8 prosperity silver coin. $30 x 20,000. IF (COST x MINTAGE < $400,000) BUY() otherwise PASS. () - buy at your discretion. Report this Post to the Staff
SPP-Ottawa Moderator Canada 10456 Posts	Posted 01/19/2016 09:20 am I assume that formula is not applicable to the 50-cent mint rolls? "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 Oppenheimer Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US My eBay store Report this Post to the Staff
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New RCM Release: 2016 Silver 3-Coin Subscription - Canadian Salmonids