Colonial Acres 6/18 Auction - 2013 Gold Superman Unsold & Huge Discounts

Definitely a buyer's market right now.

A few lots that caught my eye.

2015 & 2016 Maple Leaf shaped coins $225
2013 O'Canada gold plated silver set $304
2013 O'Canada silver set $188
2015 Legacy of the Nickel set $390
2013 25th Anniversary of the Maple Leaf gp $5 coin $54
Lot of 2 $100 for $100 coins $160

Even with the buyer's premium those that missed out on the original issue are laughing. Bad thing is the new custodians will be lucky if they come close to breaking even when they try to sell again.

Starting to really regret many of my Mint purchases since 2012 and frustrated with the dramatic downturn.

In each of these cases, I would be looking for how small the margin above melt that each has.
They will probably never carry much of a numismatic premium, unless most of them are melted.

Best collected as bullion coins; dont see much investment upside otherwise.


You may guess that I am not a fan of modern 'bright and shinies', although they may look quite attractive.

I totally agree as I'm sure do thousands of collectors who have been driving up the profits of the Mint.

What bothers however me is how drastic prices on recently released coins(2013-2015) have fallen. I can count on one hand the number times in the past 10 years that I sold a coin to a dealer or collector above issue.

I really enjoy the coins I've purchased but sometimes overspending, impulse buying and financial pressures necessitate the reselling of a portion of ones collection or as a means of acquiring new material.

While I fully understand that the true value of any item is what someone is willing to pay, it is disheartening none the less and often one of the deciding factors when making significant purchase such as the subscription series.

That said, I won't turn down a real good deal on a coin I've been patiently waiting for which helps to offset some of the losses.

I only got into collecting coins a year ago,initially for X for X coins; but I've spent $7,500 on coins this year. $2500 in XforX coins; $5000 of that was directly from RCM, but I've also spent $2500 in after market coins. So the XforX program is good for the hobby.

Most of my purchases are on display and I have no intention to ever sell, I'll leave that to my grand kids. I've purchased the max allowable of the XforX and multiples of some that I speculate will go up in value; I have 4 of the queen's birthday coin, 3 of the parliament library, 2 of the mother earth.

It simple supply/demand; the hobby will only do well if the number of people wanting to own the coins grow; RCM will mint to meet the number of people willing to buy which doesn't always equal the number wanting to own.

Very true. And the number of buyers interested in buying pre-owned NCLT generally has always been and will always be fewer, mainly because RCM never stops minting new releases (ie Superman coins). It's a commodity that keeps growing and growing in supply.

Just look at the facts, the RCM , last few years releasing over 300 units, less than 1/3 sellouts so lots left in dealers inventories for blow outs, maybe 3 to 5 coins a year really popular. Collect what you like, but if you are 98% sure the unit will sell sooner or latter at below issue, why by at issue?

Great point clvlys.

For some perspective from a complete neophyte: I made a stab at seeing what my local secondary market had to offer today. I stopped in the local 'we buy your gold silver and jewellery' place to see if he wanted to sell an ounce of silver. The first coin he showed me was some non-currency type of token, so I specified that I would be more interested in Canadian or US Minted silver. The second coin he showed me purported to be a 2013 American Silver Eagle, but as my pictures fairly clearly show (both are in another thread but I'll include one here for reference) what he sold me was counterfeit.



From the moment I told him I wanted my money back he stopped talking to me other than to demand the coin for inspection. He spent the next 10 minutes man-handling it (as if he knew full-well it was fake from the get-go?) weighting it, doing the magnet test, measuring it, etc... Finally he walks away for a minute to a back room and when he returns he's got $30 in hand and he slides it through the slot. Then he turns his back to me.

I can guarantee I'll never give him any more business. I suspect once I left he washed his finger prints off it, put it back in the capsule, and put it back with his "silver" to try to unload on the next un-suspecting sap. I'd file a Police report, but the Toronto Police Services is notorious for avoiding anything that resembles actual work. In the end, it adds one more reason to just buy directly from the mint if it's a coin I really want to own or gift, if I can't even trust the local brick and mortar businesses.

Known authenticity? That's worth a small premium. Some of their coins fall into what I consider a reasonable premium, and so I'm happy and they're happy too. Others, I feel are a bit too "premium" for me, and I fester with a bit of jealousy over those who might not have to chose to pass-by a coin that personally appeals. :P Also, it's encouraging me to get to one or more local coin shows so I can oggle some of these treasures in a more personal way than from you tube videos and mint listings.

Thanks for the feedback WildflowerAB. Report filed. I'm not likely to ever give that type of dealer any business in the future. (Parkdale Jewellery Exchange on Queen West in Toronto, for what it's worth) but I also found a couple dealers on Spadina Street (The Legend Coins and Dragon Bullion) who don't have that "Fly By Night" vibe.