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RCM New Releases: 2017 Classic Canadian Coin Set

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Pillar of the Community
TheForce's Avatar
United States
4868 Posts
 Posted 01/20/2017  5:10 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I got my two sets today via FedEx. They weren't due to arrive until January 23! I thought it was interesting how small the envelopes were that houses the sets. They are very nice indeed.
New Member
chris06299's Avatar
Canada
14 Posts
 Posted 02/21/2017  1:57 pm  Show Profile   Bookmark this reply Add chris06299 to your friends list Get a Link to this Reply
I bought 4 of these sets today. Does anyone think they will be worth buying extras for profit/resell down the road?
Pillar of the Community
Canada
6768 Posts
 Posted 02/21/2017  3:47 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
I bought 4 of these sets today. Does anyone think they will be worth buying extras for profit/resell down the road?


I am trying to use analogy with 2012 Uncirculated set, contains:

1. "Old" hard to find Loonie and Toonie
2. Last set contains 1 Penny coin

Here it is on ebay:

Item ID = 252777890444

CAD 30 + 10 shipping

So offered for CAD 5 more than issue.
Pillar of the Community
MoneyPenney's Avatar
Canada
2984 Posts
 Posted 02/21/2017  5:07 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
So offered for CAD 5 more than issue.


Silveroid, a correction here.

The issue price of the 2012 uncirculated set was $23.95.

http://www.mint.ca/store/coin/uncir....WKy2iekiyUk

So the price did not really increase much at $30, which just covers the eBay/Paypal fees.

At the same mintage of 75,000 for the 2012 set, pretty hard to see any price increases for the 2017 set.
Edited by MoneyPenney
02/21/2017 5:07 pm
Pillar of the Community
Canada
6768 Posts
 Posted 02/21/2017  5:38 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Yes, agree, MoneyPenney

I didn't mention mintage.
it is very high. So whoever now or later will be interested in this set - will be able to get it close to issue.
The rare case could happen in theory - very less collectors will be interested now in the set, they will settle in the collectors hands, and if offered for sale - with some premium.
Like "phenomenon" of 2012 Farewell For penny Roll:

Original mint packaging roll possible to find for CAD 5-10
but the "farewell" packaged rolls sold for CAD 60-130 (production of 20.000 rolls)

New Member
chris06299's Avatar
Canada
14 Posts
 Posted 02/21/2017  11:49 pm  Show Profile   Bookmark this reply Add chris06299 to your friends list Get a Link to this Reply
Thanks for the opinions. The only thing I thought about is, the 2012 old dollar and toonie coins all made it into circulation as well as the ones in sets. So there were an over abundance of them. These 2017's are just available in the sets and not in circulation. So down the road, those who may need a 2017 non commemorative coin they'd have to buy and break open a set. That's what was making me wonder if I should buy extras thinking they may appreciate.
Edited by chris06299
02/21/2017 11:51 pm
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