Are NCLT Coins Really Tanking Or Occassional Bargain.

I am grateful my kids were born in the previous decade... I was able to acquire almost all RCM NCLT products for their birth years (except the platinum and palladium coins)... a feat almost impossible to do now!!

@sandlapper

you did very well on that. In this case, for someone whos buying and doesn't have these coins, this is great! It helps collectors who are adding new coins. Not so much for payed probably 10 times that for a PF69.


BTW, welcome to the forum, we are glad you are here.


Has anyone noticed Silvertowne? I see VERY LITTLE in terms of NCLT coins. I mean their selection has been shrinking over the past months, its so small what they offer.

Just take a look, BARELY any NCLT....whether its Perth, RCM, etc.... I think this speaks VOLUMES to just how bad its getting.

Eventually the mints are going to get the message as their dealers stop buying. I suspect in due time something has to give. I continue to pound the table that the mints around the world need to drop prices on coins back to a lower premium over spot, this silly price of charging 10 times spot silver price is killing them. Its not like they wont make money on say 20% premium or 25%. The other thing is again, as we have said a million times, knock off so many coins with crazy high mintage numbers. Even 5,000 mintage is wayyyy too high.

As you see the change were the RCM is not allowed to many money on producing Canada's circulating coins, but it doesn't take long for most customers to see a drastic change in the market place real estate, coins, donuts, you name it if you do not adjust you will lose.

Yes, that's certainly how it goes although in the case of funds passed between RCM versus the Dept of Finance, at the end of the day the money still goes and comes from the same Canadian Federal govt big purse.

As a side note, considering all the taxes the average person (including me) already pays in Canada, not only income tax and GST but hidden taxes, I find it sort of interesting how RCM is able to build such loyalty by those who voluntarily make the govt even more money. Truthfully, that's one of the reasons that keeps my fingers off that "Buy It Now" key. I think I already contribute more than my fair share to the economy and I've never once been on the govt dole for any reason. We refer to provincial taxes on liquor and tobacco products as "sin taxes"......so buying RCM products directly from them, knowing RCM is profit driven and historically the the majority of products consistently decrease in value......is there a name for that? Just food for thought...

@ Yup how much do you think economic trends also play a part in prices of nclt coins. I am thinking when the Canadian dollar was at par with the USD, prices were high. Flippers were able to make a profit and no one was complaining that mintages were too high. Now with an economic downturn it costs more for basic living expenses, not as much discretionary income to spend on hobbies. Is this more of a cyclical thing. It seems the drop in natural resources has hit every sector. I remember when a 10k mintage seemed not enough 2013 glass butterfly.

My theory is when the economy is rosy, everyone is happily buying. Now in a downturn, we become very picky and scrutinize everything. The mints being large bodies are slow to respond to new trends, as their timing is off.

Do you think prices will rebound, once there's an economic boom again. May be far into the future. The large amount of issues may be better timed to economic booms rather than economic busts. What trends did u see in 2008 and was there a rebound in whatever coins you were collecting then.

In the US ?!

@Cash03 I just read your posts regarding restaurant meals, vacations. I some how had missed them. This is the logic I used when I started buying coins. My favorite treat food is Chinese and cheesecake, which is getting pricy. I am a cheesecake addict!! I am trying to cutback, and like you said a coin you have for yrs, where as soon as I swallow, the taste is gone. Only to show up on my hips. Plus my treat food costs me double, as my teen son also enjoys it. Chinese for two can cost $40-$50, as he has a huge appetite! Its so easy to forget the years of pleasure a coin can bring. Then some money can be recouped unlike other stuff.

Interesting what your dealer friends says about privy maples. Does he sell them for same price as other maples. The privy maple does have added value on ebay though. I cannot get over sellers charging $10 to ship them. Its always interesting to hear a dealers perspective. Sounds like you already are knowledgeable.

C_C it was done in Alberta. I managed to dislocate the hip 3X in 11 weeks, hence staying in hospital 120 days. Back in the 80s, I was told it cost 1k a day to keep a person in hospital. Staff did mention it is more like 2k a day now.

Thing is I may have to have a revision, as it keeps to subluxation. I have been told by experts, the cup could be set at the wrong angle. It makes just walking tricky, as I am waiting to dislocate. So I am very thankful to government funded healthcare, otherwise I would be in a certain pickle.

So when I look at my coins subsidizing my new hip, I cannot complain. Currently the coins are providing a pleasurable distraction. I don't dare walk outside in the snow and ice, I don't want anymore hospital stays!!