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 Replies: 326 / Views: 53,062 |
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Pillar of the Community
Canada
746 Posts |
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How does everyone feel about the price?  Can you say, "Black Friday?" P.S. America the Beautiful 5 oz. coins are a much better buy. |
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Pillar of the Community
Canada
6768 Posts |
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It would be great if they came out with a 1 Oz silver set, for the average collector. Would people be interested in this? Yes, if not the "proportional set", at least the 1oz 6 coins set - very affordable.....I'll subscribe  |
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Valued Member
Canada
174 Posts |
@pocketchange 50
Sounds like a great idea to me. Way to many coins now-a-days.
If they made a 1oz set at a very low mintage, that would keep valuation
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Pillar of the Community
Canada
2124 Posts |
I would like them to be the same size that the real -on circulation- coins.
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Valued Member
Canada
174 Posts |
That would also be a great set!
Actual size correct out of silver/gold and priced accordingly!
But it would likely mimick the pure silver/gold proof set only without the silver dollar
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Pillar of the Community
Canada
6768 Posts |
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I would like them to be the same size that the real -on circulation- coins. here Coinzchange right - the set like above will actually mimic pure silver existing set. Gilding not enough, it has to be more special, for example: **Fractional type set **Same size as circulation, but piedfort or even double-piedfort (for small coins) **1oz all 6 coins **For the resellers: "Venetian Glass animals ciarculation set" (Glass bear, Glass loon, caribou, beaver, Coat-of-Arms "jade", glass Bluenose) |
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Pillar of the Community
Canada
1751 Posts |
I'm glad everyone's having fun with this. Some very good ideas presented, it would be great if the Mintage would be 5,000. I think the mint should do a number of coins with only 5,000 Mintage, this would put some life and excitement into the hobby! I'm glad they no longer do 50k plus Mintages. Hopefully they will see the light, if they key pumping out huge monthly releases. I think 5,000 -6,000 is a fair number, it's exclusive and will retain value. It still allows a large amount of people to own one. These would be my suggestion to the marketing department. I collect Nclt as it's something different that 100,000 people don't own and images change.
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Valued Member
Canada
174 Posts |
Agreed pocketchange, Some good ideas and agree with the mintage suggestions. It would stir up alot of new excitement for the hobby. I like Silveroid's idea of a Piedfort set, keeping size dimensions denomination correct but in a Piedfort style.
This is what its all about for sure. Keep the ideas coming and great conversation going!
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Pillar of the Community
Canada
5324 Posts |
Too many versions of good theme will destroy the collectability as the RCM has done many time as they try to milk a theme to death. The glass coins with increased mintages, lunar series, goofy smiling beavers, endless colour coins etc |
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Valued Member
Canada
174 Posts |
I agree to many versions destroy the collectability. But it would be nice if the mint were to say take a really great theme and then lower the mintage to increase value in collectability at an affordable price.
The 2013 O'Canada series is prime example of this, as they brought out a gold and silver series of the same coins later in the year. To me the original series IMO is the nicest out of all 2013 and 2014 O'Canada.
In the hobby it is nice to talk about different ideas, but to realize one of them in a specific theme.
Again IMO, the Mint needs to think about all these different ideas but only create a select few that best benefits the hobby and future collectability.
The same could be said for the 20 4 20 which was fine in the beginning. Then the 100 4 100 came along, then the 50 4 50. Maybe we should have just kept the 20 4 20 series I that one and only denomination and the mintages at half the amount. Creates more collector demand and value. One something for something coin theme would have been enough. Again, just an opinion!
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Pillar of the Community
Canada
3690 Posts |
NCLT is a minute portion of the Mint's business. IMO they don't spend any time on what is good for numismatics or what might be beneficial for collectors. The managers of the NCLT division care only about increasing their own piece of the overall Mint's pie and that means one thing; sell whatever you can while maximizing contribution to profit.
Add to that, the Mint, even more so than other large organizations, has a very political environment. That means short term thinking. CEO's, VP's and BOD members have limited shelf lives and short term horizons. That again leads to short term maximization of returns that drive their performance measures and thus their position and compensation.
We can opine and hope for different coins to be produced or lower mintages or whatever, and that can be fun and interesting, but nothing we say here will influence the Mint in any meaningful way. It's simply an exercise in futility.
Edited by CC-Ottawa
09/21/2014 12:07 pm
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Pillar of the Community
Canada
867 Posts |
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...nothing we say here will influence the Mint in any meaningful way. It's simply an exercise in futility. Unfortunately CC, you are correct in your observation. As with all Crown Corporations, the mint will just not listen to its clientele. |
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Valued Member
Canada
174 Posts |
Yes, I do agree cc Ottawa with everything you are saying with regard to the likely reasoning why things happen as they do at the Mint. Profitability will always decide what goes.
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Pillar of the Community
Canada
815 Posts |
They really crap the bed with such a low mintage. This should have been a populist series, 8-10,000 mintage. So mad.
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Pillar of the Community
Canada
2984 Posts |
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They really crap the bed with such a low mintage. This should have been a populist series, 8-10,000 mintage. So mad.
Send note to staff If it was 8000 to 10,000 mintage, the coins would be 1 oz coins, not 5 oz coins. There will be no way they can sell out 8000 5 oz coins at $549 per pop. Even at $550 there is plenty available, though not at the Mint. |
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Replies: 326 / Views: 53,062 |
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Posted 09/20/2014 5:56 pm
