How I Like To Buy RCM NCLT & Other Mint NCLT Coins

I have a simple way to buy RCM NCLT coins and other coins-

First of all, for a coin to enter my collection, it must fit my collecting theme or focus. My interests are centered on as one example, animals, specifically elephants, rhinos, and hippos at the very top of my list. From there I have a few other sub interests.

Now I have yet to see RCM put out an "elephants of Ontario" series and maybe they just might one day. Some might be saying also, "ok what does this have to do with RCM NCLT coins?"

Well I have other interests as well. I like to get coins that feature or tie in with where I live. In this case, the RCM has released a few coins that fit that interest or focus I have. The RCM as an example has done two reverse proof maple coins with privy marks for the Chicago ANA shows in 2014 and 2015.

So this is how I approached purchasing these coins. First I look to see what the mints initial release price is. Then I find 3 prices from 3 well known and talked dealers that offer a discount from the RCM price.

Then I WAIT. I WAIT for days, weeks and MONTHS before I move. After months have passed I start watching ebay and start compiling data. Once I detect, from my collection of price data on that coin, that it is going in one direction, I allow prices to flow. In the case of the 2014 ANA privy maple leaf, I allow prices to drop. So once I had all the details of the specific coin I wanted, I allowed the prices to clue me in.

I watched prices on auctions start out in the high 70s, drop to low 70s, highs 60s, low 60s, then high 50s, then for a few more weeks the price stalled at mid 50s, and at that point, I felt personally comfortable paying there.

I took this one step further and kept following this coin from 2014 and watched it. I wanted to see how much lower it would go as I was certain it would go lower. Sure enough, I saw prices drop into the low 40s before I stopped following it. This fits with what I already know to be true, which is what is cheap will become cheaper in time.

I am fine with where I bought in. My goal is to capture between a 40-50% reduction on the coins drop in price. I do believe that it might even be possible tho to get even 60% off a coin if one waits long enough.

I carry out this exact process, but in reverse, that is, I pay up or higher for a coin than the mints initial release price, when a coin I like is going higher on ebay. Once again, I WAIT. I wait days, weeks and months. I check to see what the Mints initial release price is. Then I check with dealers and look at their prices, looking to see if they are increasing the price. Then I turn my attention to ebay and the secondary market. What I want to see in my data is a gradual rise in price from the mints initial release price and then to see it slowly climb on ebay.

When I have several months of data, I go back and look for any dips in price and there will be a few but the dips should never be lower than the Mints initial release price. When I see this, where prices dip on ebay but remain HIGHER than the initial mint release price or even a dealers discount price, this tells me demand is strong for the coin on the secondary market. It is in these dips that I look for to buy the coin.

These sort of coins are the ones that continue to climb in price over time on the secondary market.

... and there you have it,,, how I like to buy my RCM and other mint NLCT coins. It involves a ton of patience and record/data keeping. Let me tell you tho, it is worth it!