August 2015 Releases

I agree, John

neither CA nor RCM loses here.....anyway it overpriced.
Just patience, and many hot like stuff will be sold for "acceptable" amount, and even if not - similar new items will be minted.

Soooooo

been watching this coin, out of the many I compile data on and track.... the coin I am referring to the 2015 Scrooge McDuck silver coin.

First dealers were selling this at 84, weeks later on prices dropped to 77. I had mentioned here that seeing that I would hold off because prices tend to drop once the first initial slash comes from a dealer or ebay.

in this case, dealers are slashing now, now we have two dealers on ebay playing the undercut game, so to speak, because I am sure they both still are making good money,, but here is the tally in drops

84 dropped to 77, now the 77's have given way to 68-69. I feel really bad for anyone who bought these at higher levels ugh.

Two observations on this coin also-

1- prices are moving hard and fast lower, they will continue to drop hard. I saw a recent ebay auction where two went for an average of 62 dollars. 2-I think ebay auctions will follow lower.

I still want this coin but it has to go lower before I will bite. HOWEVER, it never FAILS.. once a dealer starts cutting prices on a coin, months later another reductions follows and after more time another reduction follows until the dealer finds the right price where the public finally starts buying. For that reason I will continue to hold out.

There is no such thing as a price point where the public starts buying. If the public is not interested in a coin it does not matter how low the price goes. This situation is exacerbated by the endless number of coins issue by the RCM and other mints.
With the so many coins pumped out by the Mints, you can't even keep track of them. Coins issued just a few months ago are quickly forgotten as new ones take their place.

How about bullion value, ie. Olympic coins, baseball, pan am etc

I have noticed dealer coins are mostly near issue, sometimes with a &10 discount from issue. I've never found coins at dealers like the discounts on ebay. It seems like all the discounts are on ebay. Yes colonial does discount coins with imperfections with packaging.

Which leads me to comment by a US collect who grades all coins. He feels that Canadians are hung up with collecting packaging along with coins. Where the US collector doesn't place as much emphasis on packaging. He says the US collector is more concerned with coin quality.
Any comments to the different styles.

I like to get the complete packaging, otherwise it feels like something is missing. I also like it to be pristine. Its probably an ocd collector thing. Yet I seldom look at the box, and some are the black beauty box !

A dealer like silvertowne has like a 30.00 markup and the US dollar advantage to boot, after a commissioned coin bombs they just discount and destroy the marketplace. It's a flawed marketing system of the RCM. Silvertowne is a flipper but a large one aided by the goofy RCM marketing.

Would anyone buy any NCLT if almost all of them are half value overnight if you had to sell, that's basically what the RCM has done by their over production.

I was a stamp collector by heart, nothing beats a perfect block of 50 cents bluenose as example then Canada Post in the 1990's produced so many issues they destroyed the hobby, just exactly the same route the RCM is going. You can't treat new collectors by seeing 6 months old coins being constantly offered for 30 to 50% discounts.so far other than the big coin series I have bought nothing from the RCM, even having second thoughts about this series if the rumours are true of a stupid coloured version next month