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Replies: 234 / Views: 38,568 |
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Pillar of the Community
Canada
1823 Posts |
In the last 2 plus years I sold 11 of these sets, all the other ones that sold were the ones I sold to the sellers except monnaiesherbrookecoin he has a couple of sets and the other was Colonial Acres Coins sold one just the coin only and the other one for sale now on ebay from ian.lev72 was from my sets I sold him. Everyone says they are not rare give your head a shake, do the math  . Its like myself and monnaiesherbrookecoin had these sets for many of years and no one else. I THINK THE MINTAGE WAS LOWER THAN 849,I BEEN SELLING ON ebay SINCE 2005 I RARELY SEE THEM  NEVER DID SEE THEM. One buyer blueriver100 bought/won four sets I think he is a member here. If anybody can tell me were to buy them let me know asap. Be honest and tell me if you have a set.
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Valued Member
Canada
457 Posts |
The main reason you will never know the truth about these numbers is because there are less then 40 people in the world that care..... or at least less then 40 on this forum that are trying to collect a full set of loons.  I have tried a couple of times to find out how many people have one of the "49" mini puck coins but I keep running in to the fact that no one on this forum collects loons. It should be easy to find the 49 owners but I have found less then 10 who have one or two ...... and only 2 people who said they would like one. I believe 75% of the people that buy coins buy one or two in their whole life, put them in a box and never look at them again, 24% are bought by dealers or flippers and 1% are bought buy the people that really want them. I can guaranty there are less then one or two thousand people in Canada or the world that are collecting any of the modern granny bait dollars, there are just too many for sale, way to easy to find. The same goes for all of the modern rarities, watch ebay for a few months and you WILL find every "rare" modern coin you want. So that means either no one wants them .....or there are more then there is supposed to be.  Either way if its easy to find....... its NOT rare or valuable. My goal is to find 50 of the Edmonton mini pucks  just to prove the mint is a normal government run business, and they have NO!" Idea what they did yesterday little alone in 2007 or 2008
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Valued Member
Canada
370 Posts |
The value of a coin is determined by what someone is willing to pay for it! Period. I am a loonie collector and the 2007 silver is one of only a couple that I am missing to complete the entire collection. I wasn't willing to spend $800 dollars on this coin two years ago and I certainly not going to spend the crazy amounts being asked for by the same half a dozen that have been listed on ebay for a year now. Do I want this coin for my collection? Yes! But do I want it bad enough to pay more then I think it's worth? No!
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Pillar of the Community
Canada
1823 Posts |
Quote: The value of a coin is determined by what someone is willing to pay for it! Period. That why my price is high and will stay that way.
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Pillar of the Community
Canada
6768 Posts |
@barriecarson:
Is the asking price $800 for 2007 Silver Loonie?
I remember, that I searched for it ...and I see it now for less than CAD 400.00.
Edited: Oh, sorry, my misstake. I concentrated on the "Rattle" Dollar for my kid. Lately, when I told about my thought to my wife, she asked "am I crazy to spend $400 on just silver dollar". And suggested (if I insist to be crazy) to buy some more "interesting" coin. So my choice is 2007 Proof Sovereign.... still didn't buy, looking for good price....someone wish to sell?
Edited by Silveroid 02/23/2014 09:54 am
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New Member
United States
22 Posts |
First comment after catching up to the latest input..."I love the smell of napalm in the morning!"
I bought a 1966 small beads in about 1968 for $200 face in US silver. The mintage remains illusive and the auspices under which it was minted remain mysterious but people have been paying thousands for them for many years. (I'm not selling mine. It's one of the best investments I own.)
The 2007 Wedding (silver) loon has a mintage figure that has a lot more certainty than the 66' Small Beads and most guesses are that the Loon is less than 1.7 times the mintage of the famous Small Beads (I remember that the wisdom of the day (i.e. circa 1968) was that "all 440 1966 Small Beads dollars were found in the same Mint bag". Today most call it "500" pieces.) Now we know that all the 2007 silver wedding Loons were pretty much SOLD to the coin collecting public. When they were originally offered they were not very popular. Dealers did not load up on them and buyers were scarce. So today my thanks go to Michael Blais and his "Price Guide for Canadian Coins", 5th Edition for being the original source touting the figures for the 2007 silver loons. At the time of publishing, virtually no one had any idea that these low mintages existed. I have a feeble budget and was conservative but was able to search and search and find a few Premium Wedding Sets for under $100 before the sets caught on.
You can say how much the 2007 silver Wedding Loons are over valued but I plan on holding mine a little longer.
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Change topic: Being an oldster, I have never been too wild about painted coins or coins adorned with crystals, etc. They're a little too much like jewelry and not enough like coins. Having just said that, I did buy a "Candy Cane" against my better judgment last week. Have I sinned?
(P.S. Sometimes you get lucky - I bought an "impaired proof" (very slightly) 2007 silver Wedding Loon (loon only) a year or two back for $70. I'm not anxious to get rid of that one either.)
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Pillar of the Community
Canada
1823 Posts |
Quote: You can say how much the 2007 silver Wedding Loons are over valued but I plan on holding mine a little longer. Last I checked only two set for sale on ebay, looks like they are drying up, not many around.
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New Member
United States
22 Posts |
To yingyang, et al1. I see only three or four sources for the 2007 Prem Wedding set. Most are priced high and don't sell but do manage to put this set in the spotlight a little - which I think is fundamentally just a promotional effort anyway. 2. Nevertheless, I think the "high" price would be paid if the buying public had full confidence in the RCM's mintage figures. (Another example of the consequences of the RCM's inattention to the details that support their sales (mintage figures).) 3. I am still convinced that most of the collecting public has a hard time differentiating between the 2007 "Wedding Set" and the 2007 "Premium Wedding Set" and the 2008 "Premium Wedding Set", etc. For example there are one or two sellers on ebay bragging about the 2008 set's low mintage and attempting to sell the 2008 set for $1,400 or something like that - but it's the loon in the set that's the key item and there are 9,000 or so of those, i.e. I don't think I would buy that set for that price because every coin in the set is a not-so-low mintage and I can't see paying all that $$ just for the [rare?] plastic case. 4. The 2009 Oilers Mini-Puck seems to me to suffer the same problems. a.) The RCM's hockey coin mintage figure certainly look bogus b.) there is such a blivot of "hockey sh--" that without looking very closely, it's difficult to distinguish which coin came from which set, etc. c.) nevertheless, I went 'on a mission' a year or two ago looking high and low for this coin and/or set and was able to prey on just a couple unknowing vendors to secure the couple sets that I now have. I bought all I could find. I think this coin is worth the $250 or so that's asked when they are (rarely) offered by the two or three vendors that have them. But only time will tell. d.) By the way, these painted coins are another example of me going against my own rules - I'm not a great fan of faux-enameled (i.e. painted) coins. The Chinese can make short work of counterfeiting such an easy thing to reproduce. 5. In Marketing courses the [right price] for any item is "what a willing buyer will pay a willing seller". This level can be a function of a whole bunch of variables - demand and supply, public appraisal, beauty, usefulness and on and on and on. So don't discount price levels too nonchalantly.
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Pillar of the Community
Canada
5324 Posts |
You are correct with the 20008 wedding set silver loonie, the RCM used the same loonie in all the baby set and various other special sets totaling well over 3000 units, even the 2008 wedding sets boxes used the 2007 leftovers. Charlton is well respected publication it list the mintage at 849 for the 2007 loonie, back then the RCM produced coins to demand. There is a seller on ebay that always put recent purchased nice error coins on really inflated prices like 75000.00 to 100,000 for a 3000.00 error at best, in my opinion this 2007 wedding set loonie is not worth 4000.00 as one eBayer is asking. The market does speak this coin recently sells for around 1000.00 but anything over 1500.00 no sales, simple question, where is the rest of the 800 units.
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Pillar of the Community
Canada
1823 Posts |
Quote: in my opinion this 2007 wedding set loonie is not worth 4000.00 as one eBayer is asking. The seller removed it 111036471826 must have sold it in his store in Quebec.
Edited by yingyang 02/26/2014 10:11 am
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Moderator
 Canada
10459 Posts |
http://www.icollector.com/Lot-of-2-...ts_i17236130I was on the floor when this auction occurred. Bidding started at a low reserve, and it was collectors, both online and on the floor, and not dealers, bidding this lot up. I suspect if a 2007 Wedding set hit the auction block, it would get driven up even higher... the demand still seems to be there.
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
5324 Posts |
If Sherbrook Coin sold the set close to the asking price, I guess I am mistaken on the value. it would be nice to have a set in a major auction and see the results.
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Pillar of the Community
Canada
1823 Posts |
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Pillar of the Community
Canada
1823 Posts |
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Pillar of the Community
Canada
532 Posts |
CA Must get them from time to time. I had an alert that one was available but it was gone
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Replies: 234 / Views: 38,568 |