Wilderness Series (Native Art) Coins Overpriced?

Thats normal for the RCM to put it up that high,

Almost any collectible coin wont be near melt value, Your buying the coin not the silver within the coin

While attractive, these coins have not yet generated much excitement among collectors. While their maximum mintage is set at 10,000, it would not be surprising to find the final number of coins sold to be somewhat less when the RCM's Annual Report comes out next year; the current Annual Report shows that less than 4,000 of each were sold in 2011.

I like each of the four coins in the silver Canadian Wilderness series (I also like the same designs in gold), but I haven't purchased any of them yet because I've felt the premium being asked is too strong.

In the near-term future, I would expect the selling price of these pieces to decrease a bit (assuming silver does not significantly escalate in price). They're already sometimes selling on ebay for a couple of dollars less than their issue price.

It's a hit and miss for the RCM NCLT. But, it IS the standard for them to charge at least double spot price for their silver, gold, or platinum coins. You are paying for the limited mintage, art, and story. While older NCLT from the RCM trend towards melt value, do keep in mind that PM prices rose a helovalot in the past 20 years. The more recent RCM NCLT also have limited mintage and fast sell-out on their side. As long as you are not desperate (or ignorant) enough to take NCLT coins to a Bullion, Pawn, or Cash for Gold dealer, you shouldn't be loosing out much on even the less popular of the RCM NCLT.

RCM products are almost always available on the secondary market. Waiting to buy on the 2ndary market may be risky though. New issues, no matter how much of a flop, will still sell very close if not at issue price for at least a few years after issuance. Sellouts, on the other hand, can sometimes flip for 100-200%. As a collector, my suggestion is to just buy what appeals and is affordable to you, at issuance if possible