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 Replies: 187 / Views: 18,187 |
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Pillar of the Community
Canada
590 Posts |
You would have to a dedicated collector or just plain bonkers insane to buy some of these coins at these prices. Fact is to many coins at to high a price equals low after market prices. These are not even very limited runs like 5000 coins. Just look at some of the coins released last year. Many are not doing well like the Paying Mantis coin. Hope you didn't pay $70 from the mint. They now sell for between $40 and $50 on ebay. The $20 silver coast guard coin is selling at a discount on ebay. Even the silver lucky loonie can be bought bellow the mints selling price. I'm staying away from all but the colored dino coins. I love the new 1 oz Fine Silver Coin - 25th Anniversary of the Silver Maple Leaf. But at $110 its a little over prices. I would expect to pay sub $80 for this coin. If the mintage was 5000 or less it would be worth it. Not liking what I see today. |
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Valued Member
Canada
108 Posts |
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you can subscribe to the 1oz O Canada Series include images of the Beaver, Polar Bear, Caribou, Wolf and Orca in a Woodne box. Darn I think this is better than the 1/2 oz O Canada series. I don't understand how anyone would think that this 1oz subscription is a better option than the 1/2oz subscription when the half ounce is $40 and the one ounce is $90 (that kind of math just doesn't work for me). I'm pretty sure I'll just stick with my 1/2oz subscription. |
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Valued Member
Canada
389 Posts |
3 dinos and 1 penny roll for me :)
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Pillar of the Community
Canada
590 Posts |
Don't understand the one penny roll pricing. Last year they sold 1/2 dollar rolls for 2x the face value. These are selling at 20x the face value. That's $190,000 profit on a $10,000 investment. Someone at the mint deserves a bonus for this one.
Edited by Dooby Rak
01/29/2013 10:56 am
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Valued Member
Canada
242 Posts |
just cant push the add to cart on this one...i love the new 1 oz animal sets...but I've just bought in the 1/2 oz one....cant afford to do both....to bad....1 oz maple is nice but for 109$ I can get myself almost 4 oz of bullion....
ill past on them this time....
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Moderator
 Canada
10458 Posts |
Quote:One needs to be careful when deciding to purchase RCM products if doing so for an investment. For example, the new baseball series I doubt will do well since not many people care about baseball in Canada.. That depends on perspective - short term return versus long term investment. For long term investment (5 years plus), I would think the opposite would apply. The coins that are often sleepers, and jump in price, are the ones with potentially unlimited or large mintages (minted based on orders and demand) and nobody wanted at the time. The 2007 silver loon (Wedding set) is a perfect example. The 2009 Edmonton Lenticular 50-cent Hockey Puck (mintage of 248) is another. The 2011 silver $10 coins (orca, bison, etc.) are also potential sleepers, because the design is very clean and nice and the mint didn't even make anywhere near the mintage allocation for those coins - nobody wanted them at the time of release... The Peregrine Falcon $10 Fine Silver Coin only had a mintage of 3,014, and bird enthusiasts are quietly making that coin harder to find... "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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Valued Member
Canada
453 Posts |
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3 dinos and 1 penny roll for me :) I ordered the same. Might order a hummingbird. |
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Pillar of the Community
United States
1002 Posts |
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I don't understand how anyone would think that this 1oz subscription is a better option than the 1/2oz subscription when the half ounce is $40 and the one ounce is $90 (that kind of math just doesn't work for me). I'm pretty sure I'll just stick with my 1/2oz subscription. Arguments for the 1 oz subscription: Overall the 1 oz set is less costly $450(5 x $90) vs $480(12 x $40) for the 1/2. Mintage for the 1 oz is 8,500 vs 40,000 for the 1/2. The wildlife coins in the 1/2 oz series are the most popular (with the exception of the coloured maple) - the others (summer life, Niagara Falls, hockey and Christmas) - not so much. Since the 5 coins in the 1 oz series are all wildlife, they will likely all look pretty good - based on the appearance of the beaver coin. 1 oz coins appear to be a more popular size. Some people think the 1 oz box is nicer. |
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Valued Member
Canada
322 Posts |
We all complain to many releases...but quickly order right off the bat...RP humming bird...1oz silver maple...arctic fox for me...
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Pillar of the Community
Canada
1528 Posts |
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I don't understand how anyone would think that this 1oz subscription is a better option than the 1/2oz subscription when the half ounce is $40 and the one ounce is $90 (that kind of math just doesn't work for me). I'm pretty sure I'll just stick with my 1/2oz subscription. True I can't dispute the fact. You get 12 coins (6oz total) for $480 where as you only get 5 coins (5 oz total) for $450. Silver contents and price wise, the 1/2 subscription beat it. I should of state that for me, 1oz subscription is better as I prefer having 5 coins in a small wooden box over having 12 coins in a large box. It is also I am not too thrill about the other coins in the 1/2 oz O Canada subscription and prefer to have the 5 I like having more silver content. Edited by Lostwords
01/29/2013 11:12 am
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Pillar of the Community
Canada
3690 Posts |
Very disappointing release. Prices are crazy on some of these items - the premium on the penny rolls is almost criminal.
The introduction of a 1oz series on the heels of the 1/2 oz series leaves a bad taste in my mouth. I think canuck1us hits the key points on why the 1 oz has better potential and will be a nicer presentation. Personally, I can't justify having both series so I'm smelling alot of cancellations on the 1/2oz series after the third coin is shipped.
Will wait to buy most of this release later when the prices come down to reality. Funny how the Mint is 'supporting the secondary market' but for these coins, I can see the dealers discounting them just to get them sold. In effect, it's the dealers who will be losing profit margin because the Mint got greedy.
Edited by CC-Ottawa
01/29/2013 11:18 am
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Valued Member
Canada
373 Posts |
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That depends on perspective - short term return versus long term investment. For long term investment (5 years plus), I would think the opposite would apply. The coins that are often sleepers, and jump in price, are the ones with potentially unlimited or large mintages (minted based on orders and demand) and nobody wanted at the time. The 2007 silver loon (Wedding set) is a perfect example. The 2009 Edmonton Lenticular 50-cent Hockey Puck (mintage of 248) is another. The 2011 silver $10 coins (orca, bison, etc.) are also potential sleepers, because the design is very clean and nice and the mint didn't even make anywhere near the mintage allocation for those coins - nobody wanted them at the time of release... The Peregrine Falcon $10 Fine Silver Coin only had a mintage of 3,014, and bird enthusiasts are quietly making that coin harder to find... Reading your post, it seems like you've been at this around when I started or maybe earlier. People don't understand the value of re-melt. Look at the birds series. People say the new ones will do well, I beg to differ. |
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Pillar of the Community
Canada
590 Posts |
@SPP-Ottawa
They thought the same thing about baseball cards in the 90s. Most are worthless now. The fact is that the coins that do the best are the ones meant not to be investments that become incredibly popular. Best example the bird series of coins. Also form what I understand the 2007 series of coins is not a good example. They did not produce as many as they expected creating a lot of short run coins.
The fact is this; if you intend to buy these coins buy them one year from now when they are selling at a discount on the aftermarket. If you truly believe they will become more valuable why not increase their potential by buying at a discount. Let someone else take the loss on the coins first.
I can't see any of these being huge hits other than the dino coins. Even the gold plated SML is a poor value compared to the US Proof American Eagle coin that sells for $63.00. Add 0.5 cents of gilded gold and its not worth over $100.
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Valued Member
Canada
315 Posts |
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I don't understand how anyone would think that this 1oz subscription is a better option than the 1/2oz subscription when the half ounce is $40 and the one ounce is $90 (that kind of math just doesn't work for me). I'm pretty sure I'll just stick with my 1/2oz subscription difference is in series subject matter. 5 coin animal series IMHO is better seller than generic 12 coin set with tributes to RCMP and summer life |
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Pillar of the Community
Canada
590 Posts |
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difference is in series subject matter. 5 coin animal series IMHO is better seller than generic 12 coin set with tributes to RCMP and summer life I agree there. I think the 1oz series is a better bet and a nicer set. It will unfortunately make the 1/2 series less desirable. Kind of a slap in the face to anybody who bought the 1/2oz series. I predict a lot of canceled subscriptions. Look for the 1/2oz sets at a discount on the aftermarket. |
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Replies: 187 / Views: 18,187 |
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Posted 01/29/2013 10:44 am
