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 Replies: 318 / Views: 38,571 |
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Valued Member
Canada
135 Posts |
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Pillar of the Community
Canada
2984 Posts |
Edited by MoneyPenney
08/05/2018 4:45 pm
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Valued Member
Canada
65 Posts |
It's unfortunate the value of the set has dropped so much - I think this is one of the most stunning sets to date!
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Pillar of the Community
Canada
6768 Posts |
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I think this is one of the most stunning sets to date It is. But unfortunately, even from the beginning it "did not well" on the secondary market. Low mintage, but not much demand, very specific set. |
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Pillar of the Community
Canada
2984 Posts |
 Huge discount from original issue price. |
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Pillar of the Community
Canada
1571 Posts |
Sorry if it's already been mentioned, but does anyone know the actual number of sets sold? I'm sure I looked it up at some point, but can't seem to find my Charlton. And my memory isn't the greatest.
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CCF Master Historian of USA Commemoratives
 United States
12279 Posts |
The published maximum mintage for the set was 3,000. The 2015 RCM Annual Report list 2,974 sets sold. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
1571 Posts |
I guess trying to buy up all the sets that go for sale is out of the question then. I wonder, if someone bought up every set that became available, and hoarded them, would the price change? Or would it still be a case of no demand = no money?
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CCF Master Historian of USA Commemoratives
United States
12279 Posts |
I think the RCM's release of so many low mintage coins/coin sets has created low ongoing demand for many of them. This set appears to be one of them and will likely stay that way as more and more new coins are released (IMO). I believe, someone would have to buy all sets that come available for an extended period and then sell them slowly over time in order for selling prices to be impacted in a meaningful way. Collectors appear happy to sit on the sidelines and wait for deals on this set. If a new First Nations art coin generated high-levels of interest, however, there could be some spillover into older coins/coin sets. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
12/04/2019 09:36 am
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Pillar of the Community
 Canada
665 Posts |
I have always liked the First Nations mask series and the gold Singing Moon Mask is the one that I am missing and is still on my "want" list. I have not found it easy to find. In a deviation from the regular behaviour for RCM silver, the Silver Mask coins except for this series are generally selling for at or more than the issue price. They come on the market from time to time but the gold mask coins are just not readily available... at least, I don't see them. @commems I am not sure if it is a strategy on the part of the RCM to issue many low mintage sets or their reaction to the fact that the market for Canadian product has changed. The Calgary Olympic coins from the '80's $20/silver sold hundreds of thousands each... These days, the RCM can find it hard to sell out 3,000 and have been reverting more and more to gimmicks such as non-standard shapes, colour, embellishments ranging from glass beads to 3d trees & trains. Against this backdrop, classic well designed coins still sell well and either retain value in the secondary market or are less available... I am thinking the Silver mask coins (2009, 2013, 2014) the Angel of Victory and many of the 1oz gold NCLT. @redzapsid. I don't think that cornering a market in RCM product, even in a very small niche will be a winning strategy. Even at a mintage of 3,000 it will be very difficult to get your hands on more than 5% of the mintage and even at that level, it will be difficult to control a demand/supply equation. The 2009 goalie mask series is a classic example of this... With mintages ranging from 95 - 748 (Charlton) there is still not a booming market and overwhelming demand for these coins. I do like these mask coins though and agree with @darryldarryl... the gold coin is one of the best NCLT issued by the RCM. |
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Pillar of the Community
Canada
2984 Posts |
Seven Sets available at Colonial Acres today for $247.50.
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Pillar of the Community
Canada
665 Posts |
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Seven Sets available at Colonial Acres today for $247.50 I saw that and it is an opportunity for someone, not me though I am not a flipper, speculator or investor and already have my set. Now if the gold coin was available... |
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Rest in Peace
Canada
1360 Posts |
I had mis-ordered the gold moon mask back in 2015 from the mint, but arranged to return it, as my finances were not very stable that year. Unfortunately, it never was received back at the mint. Thankfully I had it fully insured on return postage, and only cost to me was the shipping and insurance premium. Still, I regret not keeping it, as I did get the 3-coin set.
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Pillar of the Community
Canada
2426 Posts |
Have any of the Gold Moon Masks sold on ebay or at Auction? There is one for sale on ebay however the seller is asking for $9,000 last time I looked. |
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Pillar of the Community
Canada
665 Posts |
Quote:Have any of the Gold Moon Masks sold on ebay or at Auction? I have not seen any on the auctions I follow... I have been on the hunt for about 18 months now and never seen one come up regardless of the price... I do tend to stay away from ebay as there are too many counterfeits on there and ebay as an organization don't provide any protection in any real sense. |
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Replies: 318 / Views: 38,571 |
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Posted 01/31/2017 5:52 pm
