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Lake Superior Coin

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Valued Member
aswitzer's Avatar
Canada
126 Posts
 Posted 11/18/2013  9:05 pm  Show Profile   Bookmark this reply Add aswitzer to your friends list Get a Link to this Reply
I guess you didn't mean it when you said "No, definitely not missing that point" when refering to the gold analogy. The point people are making is that the RCM is not providing a high quality NCLT coin if they are not clear of the specifics, including mintage. Mintage of a set and a coin are important with NCLT, obviously. That seems pretty clear. If you don't agree with it, that is another point entirely. And no, of course someone wouldn't complain if the mintage numbers went down, with NCLT the lower the mintage means a rarer coin (whether or not people actually want it). That is another obvious part of NCLT collecting. As you said SPP, you are not into NCLT collecting at all, so maybe you are talking about something you don't understand?
Pillar of the Community
NuMoosematist's Avatar
Canada
867 Posts
 Posted 11/18/2013  9:39 pm  Show Profile   Bookmark this reply Add NuMoosematist to your friends list Get a Link to this Reply
@ SPP-Ottawa an my fellow NCLT collectors:

This discussion reminds me of a very famous and fabulously funny Monty Python sketch, which I am happy to share with you here: (Skip the ad.)

http://www.youtube.com/watch?v=JaEt6YSkggc
Valued Member
aswitzer's Avatar
Canada
126 Posts
 Posted 11/18/2013  9:46 pm  Show Profile   Bookmark this reply Add aswitzer to your friends list Get a Link to this Reply
If you read my whole post you would have read my answer to that logical conclusion you speak of... "with NCLT the lower the mintage means a rarer coin (whether or not people actually want it)"

And I didn't state that NCLT collecting is a new phenomena. I reiterated your post saying you don't collect NCLT and barely come to the NCLT collecting board. Please read your posts fully before responding to them, it helps the conversation progress somewhere.
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NuMoosematist's Avatar
Canada
867 Posts
 Posted 11/18/2013  9:54 pm  Show Profile   Bookmark this reply Add NuMoosematist to your friends list Get a Link to this Reply
I'm afraid aswitzer, it's really a waste of your time. You may have very valid points to back up your argument, but in the end it's futile.

Here's the short version: (Definitely a laugh and a half.)

http://www.youtube.com/watch?v=f771wXxw2vs
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arianzo's Avatar
Canada
2124 Posts
 Posted 11/18/2013  10:16 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
I wonder if in the NCLT (Vol. 2) we can find information about mintages because they're meaningless, the only important is the coin itself.
Valued Member
aswitzer's Avatar
Canada
126 Posts
 Posted 11/18/2013  10:29 pm  Show Profile   Bookmark this reply Add aswitzer to your friends list Get a Link to this Reply
SPP, that is the point everyone was making. That mintages, boxes, and other specifications are very relevant to NCLT collecting and that is why they come up in discussions so frequently here.

If you like NCLT just for the look of the coin, than that is your perspective. But there is no need to tell people to not discuss the other relevant factors about the coin. If my focus on NCLT coins was mintage, would it be reasonable for me to tell everyone else that discussion the look of the coin is irrelevant and a waste of time? Everything about the coin is relevant and should be talked about.
Edited by aswitzer
11/18/2013 10:29 pm
Valued Member
JGpenny's Avatar
Canada
153 Posts
 Posted 11/18/2013  10:31 pm  Show Profile   Bookmark this reply Add JGpenny to your friends list Get a Link to this Reply
10,000 have been "produced" I believe more can still be made. This is one of the most interesting RCM products I have seen.
Valued Member
JGpenny's Avatar
Canada
153 Posts
 Posted 11/18/2013  11:08 pm  Show Profile   Bookmark this reply Add JGpenny to your friends list Get a Link to this Reply
Scratch that. Mintage is 10K.
Valued Member
1188howest's Avatar
Canada
470 Posts
 Posted 11/19/2013  12:27 am  Show Profile   Bookmark this reply Add 1188howest to your friends list Get a Link to this Reply
- today I picked-up three superior coins, $500 in 10's, $500 in 5's and a 2014 fractional set.
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Coin Chick's Avatar
Canada
1354 Posts
 Posted 11/19/2013  02:39 am  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
This thread has turned into a bunch of garbage. There are many people who have the same mentality as SPP, and a few other members that posted their similar views. There are more of us, We just have better things to do than pout about a wooden box, or mintages over and over. SPP posts 1 or 2 comments and he's apparently ganging up on someone? Have you counted and read your own comments since? People have been driven away from posting in this section because of petty, redundant talk of all the "unfair treatment of customers from the RCM" and how they can't make a buck or two. Boo hoo. Get a grip... Collect something else if no one is ever satisfied. Start a different thread with the heading "the mint lied again" or "I've called them 5 times today to order and cancel just to order again" I will stay away from posting on those ones. Maybe they would be more efficient if they weren't being harassed non stop with petty questions... I have purchased over $50,000 from them in the last 3 years and I have nothing to snarl about. The delayed shipping is a bummer but I got over it.. I buy what I like and appreciate if I get the perk of a fancier box. I always get a high quality item and I don't expect to profit or break even on any of my purchases.. Nothing material I buy increases in value.. Vehicles, jewellry, designer clothing and purses, furniture, other collectibles. It's tiring hearing about how people think NCLT coins are an exception. They aren't. I purchase my bullion with the hope it will increase in value over the next 30 years, but am not banking on it. Maybe a hobby like this is out of some people's league and they need to find something less expensive to collect that makes them happier or that they don't count on for profit return. Just my point of view which everyone is apparently entitled to.
Rest in Peace
Dcadon's Avatar
Canada
1360 Posts
 Posted 11/19/2013  11:03 am  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
Coin chick, you are a breath of fresh air.
Valued Member
yellowperch's Avatar
Canada
121 Posts
 Posted 11/19/2013  11:59 am  Show Profile   Bookmark this reply Add yellowperch to your friends list Get a Link to this Reply
If the mint tells me they will mint 10,000 then I expect them to do that and not more. If they mint less then whatever they do with the unsold inventory is up to them. Why does RCM promote the fact that certain coins have very low mintage? You see it all the time on their website. Scarcity and collecting go hand in hand for the majority of collectors. Seems like a conversion gone silly.
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 11/19/2013  12:17 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
This thread has turned into a bunch of garbage.


Not really... if anything its helped us to understand why others collect Nclts, It didn't accure to me that others collect them just like they would purchase other everyday items that drop in value as soon as you buy them,I just assumed everyone bought them in hopes they would stay at or increase in value , so you see we do learn something new everyday. Now I feel more enlightened then I did yesterday.
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arianzo's Avatar
Canada
2124 Posts
 Posted 11/19/2013  12:50 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply

Quote:
Coin Chick
This thread has turned into a bunch of garbage.


Different opinions for me isn't garbage.


Quote:
Coin Chick
I have purchased over $50,000 from them in the last 3 years and I have nothing to snarl about.


Good for you, but it's not the case of everybody.


Quote:
Coin Chick
I always get a high quality item and I don't expect to profit or break even on any of my purchases.


Well, maybe because you don't care about the investment so how you'll get a profit buying stuff nobody wants.

But many people do consider this a hobby and an investment.
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NuMoosematist's Avatar
Canada
867 Posts
 Posted 11/19/2013  1:10 pm  Show Profile   Bookmark this reply Add NuMoosematist to your friends list Get a Link to this Reply
Hey folks!

I don't know if you saw this:

http://news.coinupdate.com/krause-p...inners-3030/

I'm wondering if the fellow, Andre Klein depicted on the coin winning the "Most Artistic" award had a hand in enamelling the Lake Superior coin?

Lake-Superior-Coin
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