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 Replies: 107 / Views: 14,112 |
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Pillar of the Community
Canada
6768 Posts |
One of the problems of RCM with the NCLT, that even we are, who use to buy and still buying their incredible coins (like Mask Set), spending available budget on the others mints coins, that give to RCM really tough competition. It is so easy and nice: buy 2 coins like "Moon", sell one for 100% profit, and you immediately covered you expenses. You still have low mintage coin in the collection and at the end spent nothing. Very nice way to collect! And while buying RCM coins, (not all, but some) we get really pieces of art with Canadian connection, and not fancy and zero numismatic value stuff (like "Moon" coins), but our money also have been spent no return... Added: And the new foreign hit brought to us by RCM: Steamboat 5oz silver coin. The mintage is 750 - this is should be the mintage for such coins. Only 120 left!Edited by Silveroid
03/20/2015 6:05 pm
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Pillar of the Community
Canada
634 Posts |
I really can't say with certainty how the RCM views foreign coin producers - much of which consists of pure novelty... Are they really a threat to RCM's bottom line...? Are they looking more to join them or beat them down. Coin for coin they are arguably the best at what they do... I don't see any numismatic competition for them so long as private foreign mints pump out numismatic nonsensical nonsense like for instance - moon coin with a chunk of moon rock on it...or lava before it..or tv series themes of all sorts...with no connection to the Mint company or nation mint producing them...case in point...star trek...Disney...or Greek mythological gods... never-ending novelty makes one nauseous...with low meaningless mintage...with really only certain flippers (non collectors) salivating on making a quick cheap buck... It's hoped the RCM bucks the trend and resists continuing in such direction or starts to scale back on this novelty trend seen with foreign mints-worldwide... Edited by Electrum
03/21/2015 12:18 am
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CCF Master Historian of USA Commemoratives
 United States
12311 Posts |
Quote:I really can't say with certainty how the RCM views foreign coin producers - much of which consists of pure novelty... Hate to say it, but over the past few years I've considered more and more of the RCM's releases to be novelty pieces. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
634 Posts |
True...indeed...commems
Here is hoping they reverse that trend...
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Pillar of the Community
Canada
6768 Posts |
Quote:
I don't see any numismatic competition for them so long as private foreign mints pump out numismatic nonsensical nonsense like for instance - moon coin with a chunk of moon rock on it...or lava before it..or tv series themes of all sorts...with no connection to the Mint company or nation mint producing them...case in point...star trek...Disney...or Greek mythological gods...
never-ending novelty makes one nauseous...with low meaningless mintage...with really only certain flippers (non collectors) salivating on making a quick cheap buck... No numismatic competition. But they take part of the collector's budget. Might be not you, but other collector who bought 5 very nice RCM coins and 5 gimmickly-innovations by other mints, and after a year RCM coins will have a 50% issue market price, and other 90% issue, so he will think twice, if it is worth collecting RCM NCLTs... Edited by Silveroid
03/21/2015 12:56 am
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Pillar of the Community
Canada
2019 Posts |
Quote:No numismatic competition. But they take part of the collector's budget. Might be not you, but other collector who bought 5 very nice RCM coins and 5 gimmickly-innovations by other mints, and after a year RCM coins will have a 50% issue market price, and other 90% issue, so he will think twice, if it is worth collecting RCM NCLTs...  I will take the 5 gimmicky coins with sub 1000 mintage over the semi gimmicky high mintage coins produced by which ever mint , the chances are much better that the lower mintage coins will hold/increase in value then the high mintage coins. This is not always the case obviously but the chances are definitely better. One thing though is the price of the low mintage gimmicky coins are almost always $130 to $300 range or more and its a larger "risk" then the high mintage coins which most can be bought under $100. So in the end there is no right or wrong, just different opinions and collecting habits. Some collectors habits change as mine has over the past few years, I still spend about the same amount of money but buy fewer coins. |
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Pillar of the Community
 Canada
2360 Posts |
It is kind of strange that sometimes it is the poor selling coin that is the one in demand. I mean if a coin had a mintage of 5,000 and was a poor seller, say 800 sold, the rest into the melting pot. Then the numbers come out in the RCM annual report. And the game is on (think Baseball coins), once an unpopular coin, it is now sought after, not due to popularity but rarity. Different than a sellout it is a sleeper. Demand did not drive up the price. Everyone has different tastes, food, music, clothes, cars ... coins. Look at this really nice Vicky cent, not for me. Look at this silver dollar, my ears perk up. Look at this cool Star Trek Transporter Coin Set - some think - this guy is nuts, others Holy Cow. Look at this Twin Towers Coin from Franklin Mint, some say remembrance, others kitsch. To each their own. The mint is sometimes acting as a retailer of coins, foreign and domestic, the foreign stuff is often overpriced, World Bullion case in point 1 ounce bullion coins for $100 get the same at APMEX for $25. |
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Valued Member
Canada
84 Posts |
Information is now posted with regards to the coins coming to April.
Enjoy.
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Pillar of the Community
Canada
6768 Posts |
Quote:
Information is now posted with regards to the coins coming to April. Many thanks to Windscar and his efforts!! If the information correct (price/weight/mintage) about 1oz Platinum ML - this will be not just the sellout, but "immediate "out of stock'er" . |
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Pillar of the Community
Canada
623 Posts |
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Pillar of the Community
Canada
3690 Posts |
Odd that the gold trout would come out before the silver and before the gold pike. I'll take all 250 ounces of the platinum coins at $519.95 per. Thanks.  |
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Pillar of the Community
Canada
2019 Posts |
Quote:
If the information correct (price/weight/mintage) about 1oz Platinum ML - this will be not just the sellout, but "immediate "out of stock'er" . No chance that it will be correct, $519 for 1oz Platinum from the RCM, just not going to happen. More like $2999.00 , about the same as 1oz gold coins from RCM. Edited by Northerncoins
03/23/2015 12:11 pm
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CCF Master Historian of USA Commemoratives
United States
12311 Posts |
I think it's pretty obvious that a typo was accidentally made regarding either the platinum coin's specifications or price. There's no Santa Claus at the RCM! Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
3690 Posts |
What?! No Santa?  Edited by CC-Ottawa
03/23/2015 1:07 pm
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Pillar of the Community
Canada
623 Posts |
Nobody gonna share where I can see these coins at ?
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Replies: 107 / Views: 14,112 |
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Posted 03/21/2015 12:08 am
