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Replies: 170 / Views: 21,658 |
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Pillar of the Community
Canada
659 Posts |
Quote:
Canadian Coin and Currency has 59 subscriptions right now, down from 68 on Tuesday. Not exactly on fire. Some (like me) want only the 1867 Confederation coin, so they don't want to commit to the 3 coin subscription at CC&C. The other two are nice, but not as stunning as the first, imo. Some dealers will be selling this coin as a single, so next week we should get a better idea. As for the price later this year...no one knows.
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Pillar of the Community
 Canada
2984 Posts |
The price of the 1st coin in the series will not rise as long as subscriptions have stock. We saw that with the 2017 Colville Goose. The Colville subscription is still available which is driving the price of the Goose Coin down.
Six month from now the Confederation Medal coin will be forgotten with the rest of the 2017 coins. Just too much product.
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Pillar of the Community
Canada
659 Posts |
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Pillar of the Community
 Canada
2984 Posts |
Any Colville Goose coin sold for less than $600 will incur a loss since the issue price was $559.95. I sold one for $599 with free shipping a few months ago and I ended up with $500 after all the fees.
If the Confederation Medal coin holds its value at $899, you will still incur a loss if you ever sell because of the eBay/PayPal fees.
Edited by MoneyPenney 03/31/2017 04:20 am
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Pillar of the Community
Canada
659 Posts |
Yes, ebay can take a chunk out of the price, but I don't intend to sell either, so no worries about any loss. I just want these coins to maintain their value, and "so far" the Colville Goose is. Sold for $599. We can't claim that a coin is dropping just because ebay takes some of our money. The buyer paid more than issue price. No intention of selling the 10oz Confederation coin, but if I ever do I'd try to do it locally. I've had success many times without paying ebay fees.
Edited by Looney4Numi 03/31/2017 05:43 am
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Pillar of the Community
Canada
849 Posts |
Quote: The Colville subscription is still available which is driving the price of the Goose Coin down. Wow - now I can afford the "Diving Goose" variety!  (bad pun from the punman)
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Pillar of the Community
Canada
685 Posts |
Quote: I'm waiting for the 10oz 1867 Confederation Medal coin 50% off! lol
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Pillar of the Community
Canada
3690 Posts |
At least one dealer has non special wrapped coins available. You can get the 5 circ denominations for $134. So for an extra $51 plus tax, you get the special wrapping and the case from the RCM...not unreasonable I guess.
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Pillar of the Community
Canada
1571 Posts |
When you look at it that way, it seems reasonable but when you think of twice face value for circulation rolls... Not so much. If I stumble across a few bank rolls, I'll hang on to them but that's about it.
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Pillar of the Community
Canada
3690 Posts |
Yes, clearly getting them at FV is the best option. Happy hunting. 
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Pillar of the Community
Canada
623 Posts |
Found my first plastic wrap bank roll of 2017 nickels today! One only though .
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Pillar of the Community
Canada
1571 Posts |
Do you mind sharing the location? Just the city, would be great. I'm curious to learn if they are being distributed across provinces simultaneously or if big cities will see them first.
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Pillar of the Community
Canada
6768 Posts |
Quote: Found my first plastic wrap bank roll of 2017 nickels today! One only though Will you open it, to see if there is "traditional design" coin? So it will be error roll. Just paid attention: These coins already on ebay, and Nickel offered for CAD 3.44: ebay ID = 322452682772Should be rare coins....
Edited by Silveroid 03/31/2017 5:54 pm
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Pillar of the Community
Canada
623 Posts |
@Redzapsid- I spotted this roll at Walmart in Calgary. I even bought a chocolate bar at 2 other tills trying for more of any denomination but no luck. I would like to crack it hmmm  . 
Edited by T1Steel 03/31/2017 6:07 pm
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Pillar of the Community
Canada
5324 Posts |
Again how can these be rare, made in the many millions
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Replies: 170 / Views: 21,658 |