The 2nd Dino Coin (Glow In The Dark) Will Emerge Soon

It seems people are "ready? Get set, and Run" for this coin. 2013 Amazing Race :)

with my ears and eyes in various forums, I tend to believe this will be sold out quickly though it is not in collectors' eyes.

Hoarders are ready...lol...will see the limit,3 or 6 per household?

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A coin sold today for $89 and one yesterday for $86. I disagree entirely with collapse of the the 2nd coin. I suggest People buy as many of the 2nd coin as possible. Obviously the 2nd coin will not do as well but should still be 2x list. If you mange to sell 10 of them, you should make several hundred dollars.

I'll throw a dart at the board...

I think the second coin might be the straw that weakens the NCLT market's back. There is little doubt that the bubble created by the RCM is going to burst (just don't know when). That is, they are producing too many overpriced, low mintage coins. Dealers call this supporting the secondary market but all it is doing is turning the hobby into a commodity based business. It happened with hockey cards, beanie babies, cabbage patch kids, etc. etc. Sellers who have little or no interest in the products enter the market lured by quick bucks and it hurts the hobby. (BTW, it's hard to blame resellers for taking advantage of that opportunity)

Eventually, collectors will get turned off by artificially inflated prices and the whole house of cards will come crashing down.

The 2nd GITD won't kill the NCLT market but it could weaken it. Here's why I think that might happen:

a. Resellers are already salivating waiting to buy as many as they can at issue price
b. Once sold out, those resellers will be looking for big returns i.e. inflated prices
c. The GITD coins are gimmicks. Cool for kids but frankly do they want a set of them?! One is plenty for most kids and if they got the first one, well...they don't need the second
d. the long delays with the first one left a sour taste in buyer's mouths
e. the design of the second coin appears to be less desirable than the first
f. est. mintage of 30k is relative large. Even current bird coins take months to sell out (some are even discounted) and that despite everyone knowing that the early coins did very well
g. lots of resellers are holding on to the first coin hoping that buyers of the second will pay premiums for it but if they buy up all the second, people may not want either.
h. Did I mention the coins are gimmicky?

That's just my 5 cents on it. Of course, I could be completely wrong (it's happened before) and it could sell for 200 bucks. Guess we'll just have to wait and see.

I see denial.

There is starting to be a list of all the latest duds. There was the Varley coin. There was the Two Loons coin (Completely collapsed on hoarders). There was the Bateman coins. The Niobium coin. If all these latest examples of the "Next best thing" aren't a registering as a red flag for hoarders, then there is no hope. Hoarders are falling into the Mint trap. They think they belong into some exclusive world of profit because of being a MC member, when really, they are where the Mint wants them. They are basically volunteers to keep the secondary market active.

I think it is funny how these so called delays from the Mint are actually temporarily driving prices and sales. So a coin sells out right away, collectors go to ebay to get the coin, but there is very little of them out there because of delays, which drives the prices even more. Then 6 months later when the coins are finally released, everyone gets them, lists them on ebay, then the prices fall. This is happening way too often.

Didn't really plan to defend my post line by line but...Coins are not Lego or Barbies (toys). Apples and bananas. No kid plays with a coin for hours. They pick it up, see that it glows or shines, say 'cool', put it down and walk away. Yes there is a collector component for some long established toy brands but in the end they are primarily toys. NCLT coins are just collectibles.

Of course RCM NCLTs play in a global market but tell me the last 30k mintage RCM coin that sold out in less than a month? The closest that I can think of would be the 1/2 Penny and that one, despite being Ag and having a great design and mass appeal, is still available close to issue. You could argue that the GITD design has a wider audience but the 2nd coin is not going to get the press that the first one did. i.e. feature on news programs, on line newspapers, Colbert Report etc.

My only parting advice to those who 'jump in on this one' is to sell early to take advantage of uneducated buyers. This is not a buy and hold in my opinion.