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RCM New Releases: 2017 Pure Silver Coin - Endangered Animal Cutout: Woodland Caribou

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CCFPress's Avatar
United States
1420 Posts
 Posted 02/07/2017  10:44 am Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
Royal Canadian Mint - Designed by Canadian artist Trevor Tennant, your coin transports you to the mountainous landscape of Western Canada, where detailed engraving and multiple finishes recreate a timeless snapshot of the wild. The distant peaks provide a breathtaking backdrop to the grassy foothills, which slope down to the tree-lined river below; and while the beauty of the engraved scene is unmistakable, it is the uniquely shaped cutout that easily draws the viewer's eye. Innovative technology has skillfully carved out the outline of a woodland caribou, smoothly recreating its distinctive profile and towering rack of antlers. The missing caribou element is strongly symbolic: while it represents an artistic tribute to a beloved species, the overall design also offers a haunting re-imagining of the Canadian wilderness without this national icon—particularly the Southern Mountain population of caribou, which is listed as threatened on Canada's Species at Risk Act (SARA).

2017 Pure Silver Coin - Endangered Animal Cutout: Woodland Caribou
RCM-New-Releases:-2017-Pure-Silver-Coin-–-Endangered-Animal-Cutout:-Woodland-Caribou


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bobby131313's Avatar
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 Posted 02/13/2017  11:31 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
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commems's Avatar
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 Posted 02/13/2017  2:31 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
If a portion of the proceeds from sales of this coin were going to organizations working to save the caribou in Canada, I would be more inclined to purchase it. "Capitalizing" on the plight of an endangered species for profit makes the coin a bit less enticing, at least for me.

It appears to be an attractive coin and I support bringing the struggles of endangered animals to greater attention, it just would be nice if the RCM didn't pocket all of the money from sales of the coin.


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 Posted 02/13/2017  3:21 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Excellent point commems. Given that 54mm 2oz AG coins generally sell for the same $189.95, perhaps the Mint could have donated the 30% of an oz of silver they cut out; roughly $7.

Added: Just noticed that someone asked that question on the product page and I have to say, the answer is less than stellar.

"Q. Usually when 189.95 the coin contains 2 oz. of silver. Although this coin comes close to 2 oz what is the justification for not changing the price to reflect that? If anything it should be cheaper because the amount of silver has been lessened.
Asked on 2/8/2017 by DD from ONTARIO, CA

A. A: Hi DD, You are right, the price should be slightly cheaper if we only consider the amount of silver the coin contains. However, unfortunately the advanced cutting process and the labour associated with the technology did not come cheap; keeping the price helped us cover these costs. Thank you.
Answered on 2/9/2017 by Yudi (Product Team) from Ottawa"

Then I looked at other non special finish 2oz coins. For example, the 2017 150 Maple or 2016 Pop Art Goose were roughly the same, no real special finish similar mintage but they were just $169.95.

So the Mint would have us believe that the labour to cut out an image cost them $20 more plus $7 in recovered silver.

Notwithstanding the price, I do like the concept and the coin design just not enough to buy it.
Edited by CC-Ottawa
02/13/2017 3:42 pm
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 Posted 02/13/2017  3:42 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
According to the Mint's email, that was sent today, they highlight the fact that this is "unique weight of 1.7oz"
(avoiding to highlight the price)
So unusual weight they make a "selling point" without referring to the importance of the theme itself (again - in mail. I didn't check the description on the mint.ca)
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Dcadon's Avatar
Canada
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 Posted 02/13/2017  4:51 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply

Quote:
So unusual weight they make a "selling point"


As they did with the 4 piece set of 1/4 ounce coins that weighed in total more than an ounce. (47.72gm total, but each coin was engraved with 1/4 ounce)http://www.mint.ca/store/coins/pure....WKIplDsrLIU

An ounce is and ounce is an ounce....if the Mint can't stick to some standards what good is it.
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aghawk's Avatar
Canada
343 Posts
 Posted 02/13/2017  8:08 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
They should at least include the cutout for that price.
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chris06299's Avatar
Canada
14 Posts
 Posted 02/25/2017  12:58 am  Show Profile   Bookmark this reply Add chris06299 to your friends list Get a Link to this Reply
It was most likely drilled before doing edge cutting. You have to dig into the coin somehow. When I used to do machining we had to drill it first. Your animal cut out would've been just shavings of silver. Back into their melting pot. $$$
Edited by chris06299
02/25/2017 12:58 am
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