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2017 Canada 150 Circulation 12 Coin Collection Is Available Now

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CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12265 Posts
 Posted 02/03/2017  1:51 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
STATUS: Starts shipping on 07-03-2017

Seems to me that July is a long ways off for a pre-order.

The RCM uses the Day-Month-Year format for dates on their web site.

So, "07-03-2107" equates to March 7, 2017.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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TheForce's Avatar
United States
4867 Posts
 Posted 02/03/2017  1:55 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
That sounds more reasonable. Will have to order while I still have free shipping.
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 02/03/2017  2:54 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Kind of expensive for circulation coins. You are paying $35 for less than $10 worth of circulation coins.
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punman's Avatar
Canada
849 Posts
 Posted 02/03/2017  3:44 pm  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply

Quote:
Kind of expensive for circulation coins. You are paying $35 for less than $10 worth of circulation coins.


Yea - it is. It is 3.9 times face value. But the classic 2017 set is worse at $24.95. It works out to be 6.4 times face value. [4.1 and 6.7 times if you include GST; gets worse if you have to pay shipping].

These things are not priced near face value to entice new collectors into the hobby, they are just gouging long-time collectors who want no gaps in their albums/collections.

Edited by punman
02/03/2017 3:48 pm
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Canada
6768 Posts
 Posted 02/03/2017  4:11 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Punman, good catch about lack of 50c piece in both variations. Imo, this is serious "minus" for the set.

@MoneyPenney:
Look on the pricing like this:
For any RCM coloured or GITD CuNi coin we pay CAD 30 + tax. Here we have 2 such coins, their difference from NCLT items is only the mintage.

So I think, the pricing inline with usual RCM offerings.
Lack of 50c coin - another way of mint to grab more money (all the excuses, that here only circulation coins are silly).
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punman's Avatar
Canada
849 Posts
 Posted 02/03/2017  4:41 pm  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply

Quote:
Punman, good catch about lack of 50c piece in both variations. Imo, this is serious "minus" for the set.


Silveroid, I am not sure what you mean by "both variations". No 50 cent in this new 12 coin set I agree, but the 2017 Classic at $24.95 has it.
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aghawk's Avatar
Canada
343 Posts
 Posted 02/03/2017  5:01 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Lack of a 50 cent piece is disappointing.
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Canada
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 Posted 02/03/2017  5:51 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:


I wouldn't be surprised if the mintages reach the hundreds of thousands on this. The 1999 sets for example are reported at 1.5M.


It wouldn't surprise me either and it would be a good thing if they do. The more they sell, the greater chance of generating future interest in coin collecting.

****

As for the price, if $34.95 seems an expensive price for an uncirculated set of 12 coins,, they probably shouldn't be reading a NCLT forum. LOL! .
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Canada
9863 Posts
 Posted 02/04/2017  01:02 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
The Mint is calling this a circulation coin set.
From their website
Quote:
2017 Canada 150 Circulation 12-Coin Collection

Who are we to call them NCLT?

If you submit these coins for grading, say to ICCS for example, which if any will not come back slabbed with a straight MS designation indicating circulation coin?
Will the NBU designation be revived for the traditional coins in this set?
These coins won't circulate and are therefore collector specific strikes albeit of lower quality than previous NBU strikes.
The coloured coins may yet be issued for circulation, as mentioned earlier in this thread and elsewhere on this forum, how will they be graded, and at what point do they become NBU or straight MS circulation coins?
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
02/04/2017 01:14 am
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Canada
2845 Posts
 Posted 02/04/2017  09:14 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

Will the NBU designation be revived for the traditional coins in this set?



Good eye DBM, the "exclusively struck" description of the 12 coin set I think is what you're referring to. So it seems the set is not the typical circulated coins packaged up into an Uncirculated Set. Interesting to know what that's about, appears contradictory.

2017 Uncirculated Set - mintage 75,000
NOT TO BE PLACED IN CIRCULATION! Yours is a limited opportunity to collect these classic designs issued in 2017, since the Royal Canadian Mint will not be placing them into circulation. - See more at: http://www.mint.ca/store/coins/2017....WJXc1JFfOhA


2017 Canada 150 Circulation 12-Coin Collection - mintage "while supplies last"
These coins will not enter circulation—they were struck exclusively for commemorative sets like this unique display card! - See more at: http://www.mint.ca/store/coins/2017....WJXchZFfOhA

Edit correct mintage of 2017 Uncirculated Sets is 75,000, not 60,000
Edited by wildflowerAB
02/04/2017 10:59 pm
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Proof Nut's Avatar
Canada
393 Posts
 Posted 02/04/2017  11:59 am  Show Profile   Bookmark this reply Add Proof Nut to your friends list Get a Link to this Reply
I'll be ordering at least two sets for the following reasons:

Circulation & classic coins in one set
Colourized and GITD coin
Reasonable price
Canada 150 logo on packaging

For $10 more than the classic set, I think these will sell quite well. None of the regular finish circulation coins are going to be special just because of some fancy wording in the description.

High speed presses

I don't think the 50 cent coin needs to be in either set as this would add another two coins and increase the cost further.
So far we've only seen a proof version of the Canada 150 logo.

No doubt demand for the colourized coins will likely translate into more varieties, special edition sets, rolls and various packaging.
Edited by Proof Nut
02/04/2017 1:59 pm
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Canada
1505 Posts
 Posted 02/04/2017  12:15 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply

Quote:
Quote:


Quote:

Will the NBU designation be revived for the traditional coins in this set?


Good eye DBM, the "exclusively struck" description of the 12 coin set I think is what you're referring to. So it seems the set is not the typical circulated coins packaged up into an Uncirculated Set. Interesting to know what that's about, appears contradictory.


My understanding was the MS/PR/SP/PL was all about finish/planchette/quality, not their intended use. Which, if I understand correctly, is why all base sets after 2010 are considered MS, not PL, even though the packaged set is not meant for circulation.
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Canada
2845 Posts
 Posted 02/04/2017  1:08 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:


My understanding was the MS/PR/SP/PL was all about finish/planchette/quality, not their intended use. Which, if I understand correctly, is why all base sets after 2010 are considered MS, not PL, even though the packaged set is not meant for circulation.


That's my understanding as well.

Which is why I wonder about RCMs "exclusively struck" description. This is a question I'm sure will be posed on their website.
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Canada
6768 Posts
 Posted 02/04/2017  1:28 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
This was posted on other forum, by member, who already aware ahead of future releases:


Quote:
If you are not in a rush, then hold back for a month...
And rather buy now Classic 6-coin Set (2017).


My understanding tells, that in next month we can expect another 150-Anniversary items, where this set might appear again, but in better representation / appearance / coins composition ...etc
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TheForce's Avatar
United States
4867 Posts
 Posted 02/04/2017  2:42 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I am a little lost here. The bold text leaves me to believe there will be no coins issued for circulation this year.


Quote:
Good eye DBM, the "exclusively struck" description of the 12 coin set I think is what you're referring to. So it seems the set is not the typical circulated coins packaged up into an Uncirculated Set. Interesting to know what that's about, appears contradictory.

2017 Uncirculated Set - mintage 60,000
NOT TO BE PLACED IN CIRCULATION!
Yours is a limited opportunity to collect these classic designs issued in 2017, since the Royal Canadian Mint will not be placing them into circulation.


2017 Canada 150 Circulation 12-Coin Collection - mintage "while supplies last"
These coins will not enter circulation—they were struck exclusively for commemorative sets like this unique display card!
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