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Legacy Of The Penny Five-Coin Set

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jimper's Avatar
568 Posts
 Posted 10/24/2016  9:12 pm  Show Profile   Bookmark this reply Add jimper to your friends list Get a Link to this Reply
I think one reason why this set is doing poorly and many of us are cancelling is that the mint didn't use the original design of the big cent. That's my opinion.
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Lostwords's Avatar
Canada
1528 Posts
 Posted 10/24/2016  9:36 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply
I like the set. The reason people cancelling is because they can get else where for 5% and for those in the west coast, they also save on the PST so that make for 12% discount.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 10/24/2016  10:09 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Or because there was already a 5 coin penny set that wasn't $710 and was released before the downward NCLT spiral with releases twice/month.
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 10/24/2016  10:11 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
@Lostwords,

The only reason I did not cancel my RCM order was to maintain my MC status. I am pretty close to the MC tier I want so almost all my next coin orders will be from dealers outside BC.

Besides this current MC exclusive, every coin is available from dealers beside the RCM.
Edited by MoneyPenney
10/24/2016 10:12 pm
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 10/24/2016  10:12 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
I think it will by weeks before all sets have been sold, and months before they end up the the hands of collectors that plan on keeping them with their boxes and boxes of other coins for the long term.
Had this been released in 2012, they all would be long gone.
Pillar of the Community
Canada
640 Posts
 Posted 10/24/2016  11:04 pm  Show Profile   Bookmark this reply Add justsilver to your friends list Get a Link to this Reply
I cancelled 2 sets of 2017 Penny Set from RCM because I want to take advantage of Colonial Acres' 5% discount + no tax.

5% discount + 7%PST = CAD$85 difference per set

I save $170 by cancelling RCM's and ordering from Colonial Acres.

Easy math...........
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New1954's Avatar
Canada
1027 Posts
 Posted 10/24/2016  11:08 pm  Show Profile   Bookmark this reply Add New1954 to your friends list Get a Link to this Reply
I kept my orders. One with RCM and the other with CC&C. Hoping CC&C gives me the opportunity to buy the second 2 ounce renewed silver dollar like they did last year because I was VIP. Still VIP with them.
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New1954's Avatar
Canada
1027 Posts
 Posted 10/24/2016  11:10 pm  Show Profile   Bookmark this reply Add New1954 to your friends list Get a Link to this Reply
And I like this set. I missed out on the year of farewell to the penny:))))

I am not going to cancel just because flippers have.
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CoinCanuck94's Avatar
Canada
644 Posts
 Posted 10/25/2016  12:29 am  Show Profile   Bookmark this reply Add CoinCanuck94 to your friends list Get a Link to this Reply
Agreed New1954, I bought this set cause I like it! I have no intentions on flipping this one or buying doubles.
Valued Member
Mikesnickname's Avatar
Canada
115 Posts
 Posted 10/25/2016  01:04 am  Show Profile   Bookmark this reply Add Mikesnickname to your friends list Get a Link to this Reply
I ended up ordering this set from cc&c. Why the mint allows people to people to hoard these items and cancel without penalty is bonkers.

I would have much preferred to order directly from the mint vs opening a new account with a new dealer.

Sigh..
Valued Member
onecad's Avatar
Canada
194 Posts
 Posted 10/26/2016  7:08 pm  Show Profile   Bookmark this reply Add onecad to your friends list Get a Link to this Reply


Legacy-Of-The-Penny-Five-Coin-Set

An original set to display with the Legacy Set.
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New1954's Avatar
Canada
1027 Posts
 Posted 10/26/2016  7:14 pm  Show Profile   Bookmark this reply Add New1954 to your friends list Get a Link to this Reply
@Mikesnickname

CC&C is very generous to its customers. Do not regret opening the account.
Pillar of the Community
Canada
2845 Posts
 Posted 10/26/2016  7:23 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
In a floating frame, great idea Onecad!

I hope some day that RCM will make commemorative pennies in copper*. Sure, silver justifies a higher price but even with rose gold plating, it just doesn't come close to the original colour of a glimmering glowing red copper penny.

* 98% copper and a little tin and zinc
Pillar of the Community
Canada
6768 Posts
 Posted 10/26/2016  8:35 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Very nice composition, Onecad

But if you want it to be as close as possible to the 2017 Penny Set, you have choose not the 2011 round Penny, but similar to 1982 - multysided.


Correct me if I wrong, but started to think, that the Penny didn't suffer from the lack of attention. The NCLT version, close to original exists in:

1908-1998 Sets (Proof and Antique)
1935 - 2010 Set
1911 - 2011 Set
and 2012 - silver version
(+2012 Silver non Circulated set)

So...speaking honestly, the 2017 brought the big canvas only, which highlights the beauty of design.
There are pros and cons...like in everything.
Edited by Silveroid
10/26/2016 8:37 pm
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 10/26/2016  8:43 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
Or because there was already a 5 coin penny set that wasn't $710


Bingo... and the price of silver was higher in 2012...

This is just a cash-grab gimmick by the Royal Canadian Mint, and I really don't like it. What is next... a 10 year legacy of the penny for $2100 in 2022?
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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