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 Replies: 217 / Views: 30,606 |
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Pillar of the Community
Canada
867 Posts |
Quote:
Today's modern NCLT is more of a "product" than a "coin." I believe that most are poor investments. That doesn't stop me from buying pieces that I like, but I don't ever buy them with an eye toward long-term ROI.
Just my opinion, of course... I completely agree with your opinion, commems! |
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Pillar of the Community
Canada
541 Posts |
got my pair of piedfort silver maple leaf coins today.....very impressive coins and my very first piedfort coin purchase........bought off ebay from canada seller....I checked out Modern coins in USA...free shipping plus 100.00 usd approx. I find with most USA dealers they ship via courier with all the attendant customs costs....and you have to be aware of sur charges like APMEX levies for Canada which are unexplainable in logic good discussion in this thread on investment potential of modern coins.....i agree with the moose on this one....I dont buy this type of coin for investment especially when silver is 22/oz! its like buying a new car...unless its the batmobile its gonna drop in price after it leaves the RCM lot....or .....unless the mintage is under par with the demand but this Piedfort coin has gotten a lot of deserved interest so who knows...... |
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New Member
Canada
26 Posts |
Random side-note: Does anyone know how the mintage worked for the 2010 Piedfort?
I bought one from Gatewest and it didn't come in the original black sleeve wrapping (should I follow-up on this?)
As some of the coins were part of the Gold/Silver Piedfort set, I have suspicion that I received one that was bundled with the Gold coin because of the very high COA (3,000 of mintage was in the Gold/Silver Piedfort set if I recall correctly) and the lack of original packaging.
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Valued Member
Canada
480 Posts |
I believe the 2010 had 9000 total including sets. Great purchase, I really like the 2010 piedfort as well.
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CCF Master Historian of USA Commemoratives
 United States
12300 Posts |
Per the 2010 RCM Annual Report: Piedfort 1oz Silver Coin â€" Maple Leaf 6,843Piedfort Set of 1/5oz Gold Coin and 1oz Silver Coin â€" Maple Leaf 1,264Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
789 Posts |
Quote:
I bought one from Gatewest and it didn't come in the original black sleeve wrapping (should I follow-up on this?)
As some of the coins were part of the Gold/Silver Piedfort set, I have suspicion that I received one that was bundled with the Gold coin because of the very high COA (3,000 of mintage was in the Gold/Silver Piedfort set if I recall correctly) and the lack of original packaging.
If my memory serve me well, before the new Piedfort Maple Leaf was released, GW was selling some 2010 Piedfort Silver coins without Box (come with only COA and coin only). I remember they state that clearly on their website. Any chance you have purchased that one instead? |
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Pillar of the Community
 Canada
2124 Posts |
Quote:
commems
Today's modern NCLT is more of a "product" than a "coin." I believe that most are poor investments. That doesn't stop me from buying pieces that I like, but I don't ever buy them with an eye toward long-term ROI.
Just my opinion, of course...
I think that we have to differentiate two kinds of investments: 1) Usually some thousands of dollars (at least) looking for the higher profitability in for example: bonds, mutual funds,fixed assets, shares, long-term, etc. In this kind of investment, higher is the profit, higher is the risk and we can easily have our money back in 2 days. 2) The second one is like a piggy bank. Why do we teach our kids to put money in their piggy bank? To teach them about earning money, spending money, learning the value of money, and SAVING MONEY. After one year, they see that they have now $150, without having a piggy bank, is sure that money would have gone time ago. Now, returning to Numismatic collections. When I buy a $100 coin here, another $80 coin there, is a type of investment. It's very easy to waste that money going to the cinema, buying more lottery tickets, clothes we don't really need, etc. I know many people that prefer to receive one $100 bill instead of receiving five $20 bills just because is more difficult to use it. When we invest in coins, we protect ourselves of the "impulse buying". If we need our money back, we can sell our coins in some days or some weeks (takes longer than the first kind of investment) but we know our money is there (maybe losing 5-10% maybe not) but our money is there. And, moreover, we enjoy with the beauty of the coins  I think we can combine between both kinds of investment understanding each one. Is my humble opinion. |
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New Member
Canada
26 Posts |
Quote:
If my memory serve me well, before the new Piedfort Maple Leaf was released, GW was selling some 2010 Piedfort Silver coins without Box (come with only COA and coin only). I remember they state that clearly on their website.
Any chance you have purchased that one instead? You are correct about this - I saw this item but I purchased the Bundled Set with the 2013 SML, which states they both are in their original packaging. The link to the purchase was here: http://store.gatewestcoin.com/cgi/v...872A&t=31427Quote:Per the 2010 RCM Annual Report: Piedfort 1oz Silver Coin -- Maple Leaf 6,843 Piedfort Set of 1/5oz Gold Coin and 1oz Silver Coin -- Maple Leaf 1,264 Thanks for the reference. Were some of the coins sold after the release of this report? The COA on the coin I received is over 8,500/9,000. The Mint had set aside 3,000 for the Gold/Silver Piedfort Set. I was wondering if it was the first 3,000 Silvers or last 3,000 Silver set aside, if there is any logical sequence to them being set aside. |
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CCF Master Historian of USA Commemoratives
United States
12300 Posts |
Quote:
Were some of the coins sold after the release of this report? It's certainly possible. I checked the 2011 Annual Report before I posted the 2010 numbers to see if there were any piedfort sales listed - I didn't see any. Unfortunately, the RCM Reports aren't always the most accurate in their reporting of mintages. One thing I can say is that you can't necessarily determine mintages from COA numbers. The coins are sold in random order, so COAs received can be from anywhere in the range of coins to be minted. There are many reports of folks getting COAs with numbers that exceed actual mintages. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
11/02/2013 12:36 am
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Pillar of the Community
Canada
2984 Posts |
Quote:
Random side-note: Does anyone know how the mintage worked for the 2010 Piedfort?
I bought one from Gatewest and it didn't come in the original black sleeve wrapping (should I follow-up on this?)
As some of the coins were part of the Gold/Silver Piedfort set, I have suspicion that I received one that was bundled with the Gold coin because of the very high COA (3,000 of mintage was in the Gold/Silver Piedfort set if I recall correctly) and the lack of original packaging Quote:
You are correct about this - I saw this item but I purchased the Bundled Set with the 2013 SML, which states they both are in their original packaging.
I bought the same deal as you and I got the protective black sleeve. If I was you I would call them up. My serial number was 8687 out of 9000. |
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Pillar of the Community
Canada
789 Posts |
@Prevalent: I agree with MoneyPenney, you should call them up and get what you have paid for.
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Pillar of the Community
Canada
2984 Posts |
I have an extra 2013 Piedfort coin at cost if anyone is interested. Vancouver area only.
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Pillar of the Community
Canada
2124 Posts |
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Pillar of the Community
Canada
1751 Posts |
Interesting the first sale I've seen for $150 plus ship. My pied fort arrived today. I really love the design, it would of been awesome colored for the fall canopy design. They disappointed with that one. I'm glad I gambled and ordered it. The only disappointment I have is its not any thicker than my other 1 Oz coins. However, it's still a worthy design ! I've had fun using my little microscope for my iPhone. It's one thing china does well, something useful for $2.50. I got it out of curiosity, and for me it works well enough on coins. The pied fort is a great detailed coin to use it on.
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Pillar of the Community
Canada
2124 Posts |
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Replies: 217 / Views: 30,606 |
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Posted 11/01/2013 4:34 pm
