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Pillar of the Community
Canada
6768 Posts
 Posted 11/29/2015  10:35 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
The price is slowly climbing up.

Might be some potential sellers are waiting.
And the dealers? They also will probably try to catch the peak.
Pillar of the Community
Canada
5324 Posts
 Posted 11/29/2015  10:43 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
The RCM is beyond logic on this coin, even the largest dealers might get 5 coins, what are they going to do, really no fair way to offer to their best customers most will just sell for market price, just offer the whole 2200 to mc members if there are demand obviously there is.
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CoinCanuck94's Avatar
Canada
644 Posts
 Posted 11/29/2015  10:58 am  Show Profile   Bookmark this reply Add CoinCanuck94 to your friends list Get a Link to this Reply
One coin currently at auction at $705.00 CDN, 2 hours left.

http://www.ebay.ca/itm/111828210434...RK:MEBIDX:IT
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 11/29/2015  12:07 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
This one just sold for $799CDN on a Buy it Now...


ebay item number:

131662881195

Seller assumes all responsibility for this listing.
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 11/29/2015  12:23 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I can see the Mint producing a 5 ounce Voyageur in the near future.
Edited by darryldarryl
11/29/2015 12:24 pm
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 11/29/2015  12:40 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Sold $795 CDN
ebay item number:

111828210434
Pillar of the Community
Canada
6768 Posts
 Posted 11/29/2015  1:28 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
And I thought, that 600-700 will be the max.

Now I really curious, what for people pay such big money?
Any of 5oz "big circulation coins" cost in average the same, less mintage and mintage is lower. Let's say "why the demand is so high?"
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 11/29/2015  3:40 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
"why the demand is so high?"


Several reasons.

1. The forbidden fruit theory. You have to get the coin no matter what the price is. Rationale goes out the window.

2. First in the series. First coin in the series are always more valuable than subsequent ones. People who intend to collect the entire series needs this one.

3. Cross over appeal to non-NCLT coin collectors. There are a ton of collectors who collect silver dollars.

4. First gold plated silver Voyageur coin.

5. First 2 oz silver dollar.

6. Its a nice looking coin. Everyone raves how nice it looks.
Valued Member
Nubee's Avatar
Canada
256 Posts
 Posted 11/29/2015  6:33 pm  Show Profile   Bookmark this reply Add Nubee to your friends list Get a Link to this Reply
For all of your combined reasons combined MoneyPenny
Valued Member
Nubee's Avatar
Canada
256 Posts
 Posted 11/29/2015  6:35 pm  Show Profile   Bookmark this reply Add Nubee to your friends list Get a Link to this Reply
It's quadrupled in price in less than a month.
Pillar of the Community
Canada
5324 Posts
 Posted 11/29/2015  6:41 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
There are people who pays that much over with a coloured non RCM silver maple leafs bullion coins.
Edited by john100
11/29/2015 6:41 pm
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CoinCanuck94's Avatar
Canada
644 Posts
 Posted 11/29/2015  6:42 pm  Show Profile   Bookmark this reply Add CoinCanuck94 to your friends list Get a Link to this Reply
If the Glass Ladybug with a 5,000 mintage and only 1 ounce of silver can go over $1000, I can't see why this coin can't, it's a winner not matter how you slice it.
Valued Member
Nubee's Avatar
Canada
256 Posts
 Posted 11/29/2015  7:45 pm  Show Profile   Bookmark this reply Add Nubee to your friends list Get a Link to this Reply
John100 - not the same when a 3rd party does 500 "burning silver maples" - maybe. They could have a 1000 or 10,000 out there who's tracking this.

As with the Ladybug this is collectible.
Pillar of the Community
Canada
6768 Posts
 Posted 11/29/2015  8:14 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Yes, agree, MoneyPenney, that's right.

As I think - this behave more like Penny set, while Glass Butterfly was similar to 2013 Gold Superman - both coins raised up due to demand of the masses, while collectors at the beginning said "not interested".
Valued Member
Nubee's Avatar
Canada
256 Posts
 Posted 11/29/2015  8:19 pm  Show Profile   Bookmark this reply Add Nubee to your friends list Get a Link to this Reply
But neither ladybug, superman or penny set were as exclusive with as low a mintage.
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