Canadian Coin Market Going Forward

I concur. However, I can pretty much guarantee that I will recover a heck of a lot more from my coin collection, than I ever will from my other hobby.... motorcycles!! Money goes into that hobby, and never comes out!!

JeyRey, just tell your friend that a declining market is the perfect time to sell, maybe he'll get the idea.

Some caveats for collectors : Buy junk, sell junk. Cheap once, cheap twice.

Good quality classic material will always be in demand, obtain that, and you'll have no problems.

Peter4805: It depends on which auctions that you are watching. A TCNC usually has a very large percentage of their own stuff for sale and buyers have seen those items in auction after auction. Don't judge Canadian auctions with a high percentage of TCNC taken into account.

We just attended the 2 Day Vancouver Show April 14/15 and the sales of Canadian Coins were dismal to say the least .
Very little in the way of Canadian Certified Coins , ICCS, PCGS or NGC were selling to any extent.
That said we did sell a rather Nice Full Red ICCS MS63 1949 A to Denticles for Full Trends . Also , we sold a most pleasing original AU
Victoria Ten Cents Of 1871 for near full trends.
Most dealers still did ok and had a fair to good show . What was selling was better World Coins , especially Crown Sized Good VF or better. Also since it was Vancouver , Chinese and Asian continue to do well . Another strong area for sales , small interesting world gold coins .
On the buy side , I was trying to fill some spots in our Canadian Silver Dollar inventory . Interestingly enough found a few 1945 , 1947 Pointed Dots, and a single 1947 ML . There were NO 1948 Dollars on the floor .

Look at stamps. Canada Post has experienced a massive reduction in regular letter mail. Most of the mail these days is either package, bulk or mass mail bills, all of which use printed stamps or machine printed mail payment. Most personal correspondence these days is conducted by email. The stamp market is in decline.

I expect a similar decline in the coin market and before too long, the value of anything below MS or maybe AU55 will be melt or face value unless it is just plain unavailable in the higher grades.

There will be a steady supply of quality coins, as the boomers pass their collections on to potentially less interested inheritors, there should be a reasonable flow of quality items but as the interest declines, any value will be retained only by the highest quality and rarest items.

Also, the collector only sets... We are almost there with the ratio of NCLT to circulation... As you can see from other threads, there is a fairly high level of gloom over NCLT and its ability to retain value beyond melt... At least most circulating coins at MS carry a premium over melt/face.

1cent.......good thinking and I mean that in all sincerity.

I know we like to maintain value or even make money on our collections, but really why are we in this HOBBY..

Because we enjoy it and to sell our collection because of fear of a market ca-laps is not even a thought to me. I collect because its fun and like every hobby we spend money to have fun. Lets take fishing, I bought a Pflueger Supreme XT spinning reel for $200 plus dollars a year ago, I can not get my money back for that same reel today and I don't care, because its a hobby. If your doing this for investment purposes, there's better investments to put your money in.

Absolutely agree that there are young collectors involved in the hobby online. Today's younger people communicate in a much different way than the Boomers . The face to face connection via coin clubs and shows is just not for the younger set . They would rather sit in the dark of the basement and buy online. There is absolutely nothing wrong with that, it is just a different way to be involved in the hobby . The problem is just not enough interest in Canadian coins for whatever reason.