Long Term Value Of RCM Coins

Looks like, whoever not able to sell RCM coins will be unhappy with them.

Why not just to resell, lets say 5 0f 2007 Crystal snowflakes, 2007 Birthday sets, 2008 Wedding sets, 2011 Lady bags, 2012 Farewell to Penny sets, 2013 Gold Supermans and 2014 Gold Supermans ...
and be happy that RCM exists and pumps new coin every day.

The Ladybug coin to me confirms what I have thought:

IF someone is going to profit from coins, its going to be awfully hard because there are not that many coins that are worth buying and holding if you are looking to make money from an increase in value.

The Ladybug coin tho, does show it is possible, as higher prices, at the early stages, led to even much higher prices. But this is one coin out of how many that does that....

So the formula is- look for the sells out, follow their demand on ebay and stick to those that run higher.

Its amazing how many coins are doing nothing tho and are falling in price constantly.

Here is an excellent thread started in 2012. Many long time collectors offer some very insightful comments. Especially Commens, SPP, and many others. They have made comments going back to how things were forty years ago. Some great comparisons and food for thought. It really puts the hobby in perspective without being negative. We all forget about what inflation does to savings. So any gain would need to be within 5 yrs, as inflation erodes it. A nice example was the 1948 dollar. In another thread it was advised against giving more than a $25 premium for a very nice 1k 1954 note. Stating inflation would make it equal to 9k in today's money. It really brought it home for me. There's no way someone will pay that for the note. So the poor guy that turned it into the bank, really got hit hard by inflation. It is a beautiful piece, so holding it for 10 yrs would eat a chunk out of it!

I thought our newer members would benefit from reading this thread. I know I have gained some wisdom.

Collecting NCLT is not an investment and never will be.......it's a hobby that involves spending money. How it came to be that some people think they can buy attractive but mass manufactured objects from RCM at full retail price and resell at a profit within a relatively short period of time is a mystery to me.

As far as declining values, I doubt that many people track how much they've paid in green fees in 2009 or how much a winter vacation cost in 2012 and then become aggravated when they notice a deal in 2015 that's cheaper. Yet by virtue of having that NCLT still in their hand it's easy to happen. I think it's wise to remember why they bought it in the first place, assuming it was for the right reason, and unlike many other things, appreciate the fact that it does not become broken, wore out or obsolete.

@ Yup, it would be a very interesting, varied and small collection, even if world coins were used. Any examples of coins that could be in such a collection. The positive it would be easy on the pocket book for sure. Also to profit a person needs to buy close to issue.

I think wanting coins that appreciate is most closely tied to the advent of ebay. Now anyone can be a small dealer. j think ebay has changed the thinking pattern of collectors. Prior to ebay, you took a coin to a dealer and got back 50% of issue hopefully. I doubt collectors gave much thought to resale value, like we do today, with access to many markets. It shows how collectors and markets are evolving as the age of collector changes too.

Yeah will ebay anyone can sell. I bought all my circulation coins and about 60 % of my nclt coins on ebay. Only had 2 circulation coins go missing. The envelopes arrived with a tear. I was lucky they were cheap, it was during my first month of buying too.

I wonder if dealers noticed less coins coming in, as owners were doing their own selling. How has ebay changed the collecting world.

I cannot blame you! I sold 100% of my coins on ebay...

I also bought some on ebay. But.... there is a risk. The coin may look different in hand than on the picture. Copper is particularly tricky due to the hues and camera settings.

That's where NCLT have an advantage I think. In terms of what you can expect.

In the end you need to have a trusted seller.