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 Replies: 1,304 / Views: 136,919 |
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Pillar of the Community
Canada
6768 Posts |
The "Unique Deals" sale will start now at CA, please check out.
I forgot guys, sorry, who collects Elephants...
The Coin Shoppe has in stock affordable 2016 Somalia Elephant Gold 1/10, 1/25, 1/50 oz coins. The design is great. Price - high for the gold content, but still affordable. 1/10oz will be the best.
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Pillar of the Community
Canada
6768 Posts |
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Pillar of the Community
 Canada
1823 Posts |
Here's a super rare error coin for only $50 bucks. 2013 $20 Fine Silver Coin - Venetian Purple Coneflower and Eastern Tailed Blue Glass Butterfly. The glass butterfly is missing the wings and the capsule is cracked. https://www.colonialacres.com/produ...rike-through |
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Pillar of the Community
Canada
6768 Posts |
Are you running to order the Big Coin Subscription that still available at issue price at CC&C? The "Last Chance" CC&C email recommends to do this  cause they can't sell it the price will be increased on the Jan 25-th. And noticed, looks like typo, but they mentioned: "... to purchase one of 12 remaining Big Coins subscription series..." Does this mean that they have only 12 subs (boxes) remain, or we'll have in total 12 subscriptions? |
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Pillar of the Community
Canada
6768 Posts |
The Coin Shoppe has a sale of Australian 2000 Sydney Olympics Silver coins.
These coins actually numismatic editions, Proof finish and high quality with very nice design.
But now, after 16 years, they priced close to bullion.
Prices: 1oz .999 silver below CAD 40
This just reminds additional time where all NCLT coins will be.
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Pillar of the Community
Canada
2845 Posts |
Quote:
This just reminds additional time where all NCLT coins will be.
I can understand why. I noticed a coin that would be a perfect gift for someone I know. It's still selling for around issue price which is okay with me, but it's dated 2014. That's the real problem - in one short year NCLT becomes outdated. No other " collectable" bears the year that it was made. To the receiver who knows nothing about NCLT, it would appear I bought it sharply discounted from a second-hand store, plus a coin dated 2014 does not pay tribute to an important occasion that occurs in 2016. What other future for the vast majority of "old" NCLT is there other than the melting pot? None. |
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Pillar of the Community
Canada
1751 Posts |
I don't think this is 100%, AS the older silver nclt can still fetch over melt. If its true, that nclt coins is all destined for melting, then why bother collecting new. There would be no reason to acquire new releases. I have read in Coin World articles talking about how world collectors are seeking the modern coins from Canada, Australia, and France for the low mintages. We need to remember someone is obviously buying these modern coins, or the mints wont produce them. The collecting world is bigger than CCF. I am thankful that our mintages are no longer 100,000 like the US. I am learning more by reading various sources. We forget everything is in a downturn, however, what happens when the economy picks up again. Too much talk the sky is falling will cause it to fall. As it will scare away new collectors, reading these dire predictions. Edited by pocket change 50
01/26/2016 3:51 pm
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Pillar of the Community
Canada
6768 Posts |
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We need to remember someone is obviously buying these modern coins, or the mints wont produce them. Mint producing, cause we are buying. We are and other similar groups of collectors. We like to obtain the new items, but after our hands they aren't "movable" for the same price. Except of several that still hot. |
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Pillar of the Community
Canada
2984 Posts |
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The collecting world is bigger than CCF. Yes, it is called ebay. That is what the world think of RCM coins. Except for a few coins, not much apparently. Quote:
Too much talk the sky is falling will cause it to fall. As it will scare away new collectors, reading these dire predictions. If the collecting world is bigger than CCF, how can dire predictions scare away new collectors if they don't go on CCF or the other forum. Edited by MoneyPenney
01/26/2016 4:44 pm
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Pillar of the Community
Canada
2845 Posts |
To clarify my previous opinion - there is absolutely nothing wrong with spending money on NCLT for the purpose of accumulating a meaningful and gratifying personal collection. But yes, I think the point in time has been reached where there's just far too much "old" sitting unsold on the market, while new releases continue to be churned out. ebay is indeed an excellent measuring tool and wow, it's an eye opener to notice what does not sell even at almost giveaway prices. Auction after auction, no bids. It's become impossible for so much "old" NCLT that's been produced to ever be absorbed by new buyers because if the market were hotter, the economy in an upturn, RCM would simply increase either mintage or new releases (we've been down that road more than once already). But if one buys NCLT for the right reasons, the low value on the secondary market doesn't really matter because the satisfaction of enjoying whatever it is that we collect is the real reward, right? |
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Valued Member
Canada
256 Posts |
"the low value on the secondary market doesn't really matter because the satisfaction of enjoying whatever it is that we collect is the real reward, right? " So if you buy high and worth low in 6-12 months that's OK. That's why you're an RCM customer I guess? |
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Pillar of the Community
Canada
1751 Posts |
How many collector buy nclt coins to just move them on within the year. Its just the flipper, if I kept selling my coins my collection would be bare. You only lose when you sell, if you aren't smart about selling or in a big hurry. Coins I have sold, do to boredom, I have recouped my investment. It does take longer, however its doable, don't use an auction. Of course bargains can be had watching auctions, its why not to sell using auctions.
Edited by pocket change 50
01/26/2016 9:09 pm
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Pillar of the Community
Canada
2845 Posts |
Quote:
"the low value on the secondary market doesn't really matter because the satisfaction of enjoying whatever it is that we collect is the real reward, right? "
So if you buy high and worth low in 6-12 months that's OK.
I buy very little NCLT. The few purchases I do make, I'd compare to any other consumer purchase that most commonly dwindles in value over time. Such is life....cars, couches, stoves, vacations, collections, all different choices of how money is spent. Most certainly I don't buy considering it an investment with expectations that it will yield any sort of return. NCLT is already sold at retail prices by RCM, if they sold at wholesale prices maybe there'd be opportunity. Even in the stock market one is very lucky to consistently buy low and sell high within 6-12 months, much less break even, and the two are totally different creatures. |
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Pillar of the Community
Canada
2845 Posts |
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Coins I have sold, do to boredom, I have recouped my investment. It does take longer, however its doable......
You're obviously a very astute seller then. NCLT that drops in value doesn't often experience price appreciation/increased demand as more time passes. As far as ebay auctions versus BIN, how it's sold wasn't really my point. What I notice is there's way too much for sale and very few buyers. Although prices are down, silver coin appears be thriving somewhat better. |
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Pillar of the Community
United States
3789 Posts |
I think... that new people who come to ebay will pay the BIN prices.. until later on they notice that if they had waited, those coins are to be found for much less than they paid. There are so few coins from various mints that manage to hold their initial values. Most of those coins usually are coins I am not even interested in. One of the few coins I paid up for, that is I paid MORE than the initial release price was the 2013 Dr Who silver coin with Tardis, I paid 120 for that one, USD and it has continued to climb in price from there. Other coins tho, dropped or stayed flat. As an example, I buy one Somalian elephant, bullion. Naturally those have dropped in price. However, my slabbed PF 69 2014 maple leaf with ANA privy mark, that I waited 8 months to buy, has stayed flat. |
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Posted 01/22/2016 2:02 pm
