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Falcon Lake UFO Silver Coin

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Looney4Numi's Avatar
Canada
659 Posts
 Posted 04/12/2018  10:05 pm  Show Profile   Bookmark this reply Add Looney4Numi to your friends list Get a Link to this Reply

Quote:
Search 'ufo' on ebay instead of 'falcon lake' throughout the day and cheap ones (lol! still way to expensive for me!) will pop up.

Thanks, but checked "UFO coin," "2018 UFO coin" on ebay.

No active listings or solds coming up at that price in the last couple of days.
Pillar of the Community
Canada
6768 Posts
 Posted 04/12/2018  10:08 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
I just have quick question:
The Falcon Lake story, very potentially just fake, right (or let's say 'nice story')?

Did Royal Mint issue Loch Ness Lake Incident coin?


Quote:
Did Royal Mint issue Loch Ness Lake Incident coin?


Searched on ebay. They did, in 2018
Edited by Silveroid
04/12/2018 10:16 pm
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Cassidy77's Avatar
Canada
541 Posts
 Posted 04/12/2018  10:47 pm  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
@silveroid..you have to do your own homework on the veracity of the Falcon Lake event..Of course there are always going to be 4 views on any UFO issue as follows:: 1. they are real 2. they are not real 3. who cares? 4. undecided

yes... the 2018 loch ness coin is released by The Royal Mint...and it wouldnt surprised me if they issued their own UFO coin as well because they have had some notable UFO sightings such as the Rendlesham Forest 1980 UFO event which was witnessed by the bunch of military personnel. The Uk has declassified a lot of info on the constant stream of UFO related events in their area such as crop circles etc....but please note..Im personally not going to debate the UFO issue in this forum..this is about the Falcon Lake 2018 coin ..its availablity, popularity and design
Edited by Cassidy77
04/12/2018 11:18 pm
Pillar of the Community
Canada
5324 Posts
 Posted 04/12/2018  11:07 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Not sure of this idea of government UFO release, first the RCM is a crown corp that has fallen off it's morals by producing Buggs bunny, Batman, and many other coins that has no attachment to Canada. If you use the you tube hit list model the Superman coins should all trade at over many thousands of dollars but they don't because simply the RCM just can't resist, and beat a theme to the end. You produce a coin a day eventually there is a winner, this seems to be the one for this year. This is just the RCM taking wild stabs at any new topic, I don't think the Minister of Defence, or the PM has said through this coin the Falcon lake incident is what it is, this is simply another 4000 mintage NCLT coin, if you have one near list and can sell for 600 bucks what are you waiting for
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Cassidy77's Avatar
Canada
541 Posts
 Posted 04/12/2018  11:21 pm  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
@john 100...I tend to agree although I'm sure that there will be one of the main deciders in the RCM who probably is a believer in the reality of bugs bunny and Batman
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640 Posts
 Posted 04/13/2018  12:00 am  Show Profile   Bookmark this reply Add justsilver to your friends list Get a Link to this Reply
Most recent sold prices on ebay were USD$450 plus ( equivalent to CAD$560 plus ) comparing to RCM's issue price CAD$130.

[URL="https://postimages.org/]Falcon-Lake-UFO--Silver-Coin[/url]
Pillar of the Community
Canada
5324 Posts
 Posted 04/13/2018  12:02 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
I wish this is true of their thinking at the RCM, but I truly believe it is all just greed, we build them, you keep buying them, why change. Kind of funny to hear from a previous post that the RCM themselves didn't think much about this coin, thus the spit production.
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Canada
640 Posts
 Posted 04/13/2018  12:11 am  Show Profile   Bookmark this reply Add justsilver to your friends list Get a Link to this Reply
I agreed that " most " numismatic coins depreciated alot after coins released.

But there are always exceptions. For example:
RCM 2011 Ladybug Silver Coin
RCM 2013 Superman Gold Coin
Mint Of Poland 2016 Trojan Horse Silver Coin
Mint Of Poland 2017 Ares Silver Coin.

It is just difficult to tell which coin will appreciate and which coin will depreciate ( in short term and in long term )

p.s. Congratulation to those who bought Falcon Lake Incident Coin at CAD$130 ( issue price ), you have option to take hefty profit by selling on ebay ( CAD$300 plus profit ) or just to keep for great UFO personal collection.
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Looney4Numi's Avatar
Canada
659 Posts
 Posted 04/13/2018  01:50 am  Show Profile   Bookmark this reply Add Looney4Numi to your friends list Get a Link to this Reply

Quote:
Not sure of this idea of government UFO release

It doesn't matter what we think or what the RCM had in mind when creating this coin.

The UFO community appears to see it as a government admission of the "unexplained event." That's why they're going crazy for this coin, especially with only 4,000 mintage. That's a very small number compared to the thousands (millions?) in the community.
Pillar of the Community
Canada
6768 Posts
 Posted 04/13/2018  07:54 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
I wish this is true of their thinking at the RCM, but I truly believe it is all just greed, we build them, you keep buying them, why change. Kind of funny to hear from a previous post that the RCM themselves didn't think much about this coin, thus the spit production.


My thoughts are similar.

RCM has 'core' products like Silver Dollar, Annual Sets and Commemoratives for the historical events - these are RCM must to mint similar to circulation coins. And there is additional coins - they could be nice (sometimes) and beautiful, but for them RCM doesn't care about a thing: integrity of the product, proper distribution, some logic, but just to produce as much as possible and to sell.

Does someone think, that the Mint excited from UFO theme and thus minted this coin?
Or RCM really care about Ukrainian community and minted Pysanka?
Oh, RCM really bothered by topic of the rare and engendered species and mints "animal" coins...
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Cassidy77's Avatar
Canada
541 Posts
 Posted 04/13/2018  10:13 am  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
RCM has the most diversified nclt production in the world and produces some amazing coins. You only have to look at the USA to see how dull coinage can get in comparison.If the USA produced a UFO themed coin it would be very significant and make the Falcon lake coin look pale in comparison. The fact is right now they wouldnt legally be allowed to produce such a coin because the powers that be would suppress it...The same isn't true for Canada and pretty much every other country which is starting to loosen up their anti uFO attitudes..I will bet that you will be seeing UFO coins from the UK, France, Mexico, Italy, Australia as well as more coins from Niue ,Burkina Faso and other govt mint UFO themed releases due to the RCM decision to do a UFO theme so ......I applaud the RCM for going out on a limb with the Falcon Lake Coin 2018..3 cheers..im sure they will be taking flak from the USA for this coin....
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Canada
5324 Posts
 Posted 04/13/2018  10:39 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
So basically you are describing the RCM as a copy of the Franklin mint, just take this months RCM issues, if you bought each silver coins only, in a few months time even with this coin at 800.00 you most likely lose value if you tried to sell the other coins. The US mint in their own strict ways, has many sought after sets, as most are minted to demand, you won't see them putting a beaver design just to attract some Canadian business, yet the RCM constant bald eagle designs was surely directed for the US market.
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Cassidy77's Avatar
Canada
541 Posts
 Posted 04/13/2018  11:15 am  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
Comparing the RCM to Franklin mint is not a fair comparison. Franklin mint is not a strictly coin mint anyways..just look at their cat. Why do the USA nclt collectors flock to the RCM? because it is a real govt. mint next door. RCM produces all the stuff they wish their US Mint would produce but doesn't.. US mint is extremely conservative but you can purchase gold and silver bullion coins from them directly, unlike the RCM, and they have great coin offerings if you want USA coins...so for a G7 govt mint to produce a UFO coin is unheard of. If the Franklin mint produced a UFO coin I couldnt care less..Im not interested in German enhanced UFO maple leafs either...but many are...Give me a govt mint produced UFO coin..I will buy it.
Pillar of the Community
Canada
6768 Posts
 Posted 04/13/2018  11:22 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Collectors can not dictate (unfortunately), what on the Mint to issue.

I appreciate your dedication to UFO theme, Cassidy, but see, if RCM will mint coin to satisfy every hobby (to get people excited and happy), it will be not The Canadian Mint, but souvenir factory.
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vonigohcr's Avatar
Canada
665 Posts
 Posted 04/13/2018  11:50 am  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply
I am surprised that folks are conflating the fact that the RCM is a crown corporation and the hypothesis that the Falcon Lake incident was an alien encounter into a tacit acknowledgement that the government is stating the Falcon Lake incident was a real alien encounter.

Nothing could be further from the truth.

The RCM are in the business of making money (coins) for us to use in day to day transactions. They also are charged with returning a profit to the government and it that role they issue NCLT. They are not a legislative or policy branch of the government. As a crown corporation, they are at arms length from the government and while they operate under a government mandate, they have a fairly wide remit to produce product that will make a profit.

Generally speaking their product is aligned to Canadiana, either flora, fauna, culture. history or geography but they have in the past expanded from this. Some of their issues: 2011-2012 25cent Tooth Fairy, any number of Santa Claus coins, 2001-2002 50cent Folklore series, 2016 Venetian Glass Angel $20, 2014-2016 25 cent Haunted Canada Series represent fantasy or belief's held by segments of the population or as in the case of the Folklore series...just plain old stories.

It is an overreach to suggest that there is official government sanction for Falcon Lake because of a coin issued by the RCM just as much as other coins issued should lead to belief that the government believes in santa claus, angels, the tooth fairy or a haunted brakeman.

I would lay you odds that the thinking behind this coin was that the RCM designers looked into Canadian History and found an event they though may have appeal and designed and made a coin to represent that event. There is a 0% chance that the release of this coin has any impact on any official position the Government of Canada has on Falcon Lake... whatever that position may be. When you issue as much product as the RCM does on an annual basis, you have to cast a fairly wide net to come up with ideas that are innovative and allow the RCM to exploit their technology... How many Northern Lights or Fireworks scenes can be minted before GITD looks passe.
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