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 Replies: 670 / Views: 73,007 |
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Pillar of the Community
Canada
659 Posts |
This seller sure is taking a chance by ending his auctions on Sunday of the August long weekend. He'll probably do ok on the 2015 Renewed Silver Dollar, though.
Good time for collectors looking for a deal.
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Pillar of the Community
Canada
1027 Posts |
@Looney4Numi
Which seller?
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Pillar of the Community
Canada
6768 Posts |
Thank you MoneyPenney and Looney for alarm. Subscribed to watch. @New1954: Item Id = 162603428568 on ebay |
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Pillar of the Community
Canada
2984 Posts |
Looks like the seller is having a fire sale. He also has the renewed 50 cents coin for sale.  Edited by MoneyPenney
08/06/2017 01:54 am
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Pillar of the Community
Canada
659 Posts |
All his listings are in my watch list. I'll probably bid on the 2014 5oz Maple Leaves coin, but am trying not to get too excited because I've seen prices shoot up in the last few minutes of an auction. Win or lose, it's still fun to watch.  |
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Pillar of the Community
Canada
6768 Posts |
Breaking news and shock: near 2000 people think, that in their possession the coin, that valued closely to CAD 900...but who sets this value, if not the buyers on the secondary market? And couple of hours ago, the bidders have decided, that the coin doesn't worth more than CAD 517This is not good at all. Today they decided CAD 517 and tomorrow they will offer us silver spot? Panics...  Together with this - congrats to the buyer Edited by Silveroid
08/06/2017 8:47 pm
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Pillar of the Community
Canada
3733 Posts |
none of the coins has their outer boxes, and that does make some difference.
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Pillar of the Community
Canada
659 Posts |
Quote:
This is not good at all. Today they decided CAD 517 and tomorrow they will offer us silver spot?
Panics... lol Don't forget that it's Sunday of the long weekend. One lower price doesn't determine the average secondary market value of a coin. For example, I finally managed to get the 2016 Geometry in Art set for $265. Perfect condition, including case, outer box, and COA's. Another set sold for $495 just a few days before my purchase. Many of these coins/sets (except for a few singles selling for 20% below issue) seem to be retaining their value quite well, despite one lucky buyer (me) snagging a good deal.  |
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Pillar of the Community
Canada
1027 Posts |
@Looney4Numi Great buy on that Geometry in Art set. I have two sets at regular RCM rate. The coins are beautiful ENJOY:)))))) |
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Pillar of the Community
Canada
659 Posts |
@New1954
Thanks! It really is a beautiful set and displays very nicely with the 3oz Whispering Leaves coin.
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Pillar of the Community
Canada
6768 Posts |
Quote:
Thanks! It really is a beautiful set and displays very nicely with the 3oz Whispering Leaves coin. Didn't see them "in hand", but agree, RCM this time nicely transferred "geometry theme" to the Maple Leafs 3oz coin. Congrats for getting nice series. |
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Valued Member
Canada
92 Posts |
@Looney4Numi:
That is an amazing price for the Geometry in Art set. It's a beautiful set of coin that I enjoy tremendously. The artist who designed the Geometry in Art series also designed the Whispering Maple Leaves 3 oz. coin (and the Peace Tower Clock 5 oz. coin but it does not have the same geometry theme).
Edited by quasarito
08/07/2017 11:48 am
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Pillar of the Community
Canada
634 Posts |
Anybody heard or read about next MC exclusive coin to be released?
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Pillar of the Community
Canada
2984 Posts |
Quote:
Many of these coins/sets (except for a few singles selling for 20% below issue) seem to be retaining their value quite well, despite one lucky buyer (me) snagging a good deal. Actually, aside from the Masters Club Renewed Silver Dollar and Renewed 50 cents, all of the coins perform horribly if you factor in eBay/PayPal fees. - 2016 Master Club Scallop Goose - Issue price $99.95. Sold Price - $56. After fees (13%) = $48.72 or 50% off issue.
- 2014 5 oz High Relief Maple Leaves - Issue price $520. Sold Price $316. After fees = $274 or 48% off issue.
- Legacy of the Nickel - 6 x $110 = $660 issue price. Sold Price - $551. After fees = $480 or 28% off issue.
- 2014 O'Canada Set - $549 issue. Sold $236. After fees = $205 or 63% off issue
- Anniversary of the Flag - issue price - %159.95. Sold price - $113.50. After fees = $98 or 39% off issue.
- 2014 2 oz Contemporary Art - issue - $170. Sold - $100. After fees = $85 or 50% of issue.
90% or more of RCM NCLT definitely do not hold their value very well. You see the same prices on coin auctions. If you should bring them to your local coin shop, you would get even less; maybe 25-30% of issue if they even want it. Edited by MoneyPenney
08/07/2017 11:28 pm
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Pillar of the Community
Canada
659 Posts |
Quote:
Actually, aside from the Masters Club Renewed Silver Dollar and Renewed 50 cents, all of the coins perform horribly if you factor in eBay/PayPal fees.
- 2016 Master Club Scallop Goose - Issue price $99.95. Sold Price - $56. After fees (13%) = $48.72 or 50% off issue.
- 2014 5 oz High Relief Maple Leaves - Issue price $520.
Sold Price $316. After fees = $274 or 48% off issue.
- Legacy of the Nickel - 6 x $110 = $660 issue price. Sold Price - $551. After fees = $480 or 28% off issue.
- 2014 O'Canada Set - $549 issue. Sold $236. After fees = $205 or 63% off issue
- Anniversary of the Flag - issue price - %159.95. Sold price - $113.50. After fees = $98 or 39% off issue.
- 2014 2 oz Contemporary Art - issue - $170. Sold - $100.
After fees = $85 or 50% of issue. As I mentioned before these sales just ended on a long weekend: Quote:
"Don't forget that it's Sunday of the long weekend. One lower price doesn't determine the average secondary market value of a coin." I stated that the Geometry in Art sets are holding their value quite well, and I stand by that, based on ebay sales. Many here do not sell on ebay and don't have to worry about ebay fees. When I say something keeps its value I mean that if I want to buy it I will have to pay issue price. If I want to sell it I get my money back because I sell to someone who is willing to pay close to issue price. I do not waste money on ebay fees when selling something that is "maintaining its value." |
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Posted 08/05/2017 07:26 am
