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 Replies: 74 / Views: 27,396 |
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CCF Master Historian of USA Commemoratives
 United States
12295 Posts |
@traevin: That's one of the fascinating aspects to this hobby -- what appears to be a trend one day can be quickly reversed, for better or worse, the next. My initial comments about prices on the Ladybug coins were based on what the actual selling prices on ebay were showing, nothing more. I applaud all those who were able to purchase one (or more) of the Ladybug coins at or near issue price as they can now see a tidy profit if they decide to sell. I do still wonder about the long-term potential of these coins, however. Where will prices be five years from now when they are no longer the latest novelty? Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
981 Posts |
I sold a ladybug coin yesterday for $535 in an off ebay sale wish I had more than 1 left. |
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Pillar of the Community
Canada
590 Posts |
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I do still wonder about the long-term potential of these coins, however. Where will prices be five years from now when they are no longer the latest novelty? Depends on silver price for some coins. Look at silver proof coins from the 70s and 80s. I buy them at scrap silver price and flip them to collectors for a few bucks more. The Aviation series is another good example. I can get most of the series for $35 a coin, but coins like the Lancaster and Arrow sell for almost $150 to $200. Some subjects will never go out of fashion. There will always be lovers of birds, don't expect those colored bird coins to go down in value. On the other hand I would think that coins like the wildlife bullion series will loose value if silver goes down. They made a million of each. Can't see them holding value. |
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Valued Member
 Canada
207 Posts |
Quote:@traevin: That's one of the fascinating aspects to this hobby -- what appears to be a trend one day can be quickly reversed, for better or worse, the next. My initial comments about prices on the Ladybug coins were based on what the actual selling prices on ebay were showing, nothing more. I applaud all those who were able to purchase one (or more) of the Ladybug coins at or near issue price as they can now see a tidy profit if they decide to sell. I do still wonder about the long-term potential of these coins, however. Where will prices be five years from now when they are no longer the latest novelty? Yeah I started this topic in March where there was a 'lull' in the ladybug prices. I think I picked up a ladybug for $260 at this time for my own collection. Quote:I sold a ladybug coin yesterday for $535 in an off ebay sale wish I had more than 1 left Right after the bumblebee was announced, I grabbed a second ladybug off of a BIN auction for $280. Looks like my lady bug coin could end up costing me nothing, sweet! |
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Rest in Peace
United States
9104 Posts |
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I guess NCLTs are relatively new to the game so time will tell. Hardly. It started with the 28 coin Olympic set, which went from hot to "can't get the banks to take them at face". |
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Pillar of the Community
United States
2408 Posts |
Biggfredd, NCLT started well before 1976... and I cannot recall a moment when the 76 Olympic set was ever a "hot" item.
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Rest in Peace
United States
9104 Posts |
Oly sets were features in several ads every week in the coin papers.
I don't remember the first NCLTs, but my point was it's been at least 36 years, which I don't consider "relatively new".
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Pillar of the Community
United States
1454 Posts |
I don't know what it is about them but silver Olympic coins, not just Canadian, but coins from around the world don't seem to hold their value very well. I'm not sure why, unless the country just produces too many and dilutes the market.
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Valued Member
Canada
178 Posts |
I have very rarely seen sports coins do well in general, not just Olympic coins. That said, I buy this stuff because I enjoy it, not as an investment.
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Valued Member
Canada
322 Posts |
Let's not forget...before say 2007 the mint would strike as many coins as they had orders for...so every one that wanted one got one...now that the mintage's are held to select numbers..who knows where the prices will go to in the After market..as we have seen a number of more resent coins do well once they sell out from the mint...
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Pillar of the Community
Canada
3692 Posts |
The only way to know is to buy 1 of each as they come out. But then to profit from them? Well, that's not collecting, that's spectulating.
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Valued Member
Canada
457 Posts |
I think the worst part about the amount of coins coming out each year, is any new collector getting in to it now or in a few years will be completely overwhelmed. I know for myself keeping up with anything Quarter or Loon related is expensive, plus anytime something catches my eye like the niobium set. I guess future collectors will have a much more defined collection. not the massive hodgepodge I have   |
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Pillar of the Community
Canada
1189 Posts |
If you can afford, buy Gold coins, never lose value.
I start with silver now as a new collector. Later on, will move into Gold coin.
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Valued Member
Canada
396 Posts |
So what exactly do you guys thinks are the factors that will determine coin price in the long term? I see that a few of you have said this repeatedly, coins with low popularity at the time of issue will out perform in the long term. Case in point are the summer moon mask and the sun(?). I understand that low popularity generally leads to low mintage and rarity will eventually dictate the price. However, I have watched seen cases that disapprove this. I bought a set of the 2010 Olympic mascot 25 cents at the time of issue as a present for my dad. That was way before I got into coin collecting as a hobby. A couple of weeks ago, I stumbled upon a set of this sold on ebay for barely over issue price. Later I checked the mintage and realized it has a rather low mintage. One of them has a mintage of barely over 2,000. I would have made a bid on it if I had known. So, what gives? Low popularity or low mintage? Or both? |
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Valued Member
Canada
315 Posts |
Quote:I bought a set of the 2010 Olympic mascot 25 cents at the time of issue as a present for my dad. That was way before I got into coin collecting as a hobby. A couple of weeks ago, I stumbled upon a set of this sold on ebay for barely over issue price. Later I checked the mintage and realized it has a rather low mintage. One of them has a mintage of barely over 2,000. I would have made a bid on it if I had known. In my opinion, Olympic coins are worst as investment. In 2 years there will another Olympic and no one will care about previous one. Do you remember where were Olympics 8 years ago and who won what? No? I thought so :) |
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Replies: 74 / Views: 27,396 |
First Page
Posted 04/27/2012 11:04 am
