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April 2020 New RCM Releases

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Rest in Peace
Dcadon's Avatar
Canada
1360 Posts
 Posted 04/14/2020  7:42 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
Pillar of the Community
Canada
6767 Posts
 Posted 04/14/2020  9:55 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Thank you, very nice topic to read.

In our urban area, nowdays to wait in the line 15-25 minutes to enter large grocery store it is normal, no complaints.
But there you will not find sanitizes of any kind and liquid hand soap, while toilet paper 1 pack per household.
Stuff explains, that all these items produced in China, and now nothing from there enters Canada.

CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12250 Posts
 Posted 04/16/2020  10:42 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Looking at the New Releases page on the RCM web site makes one thing fairly clear: the Mint has at least 500 to 1,500 well-heeled collectors who enjoy buying its low mintage-high price offerings.

Of the 13 items listed on the New Releases page, five of them are marked "Sold Out." Each of these coins has a mintage of 750 or less; four of the five have mintages between just 99 and 550. The 750 mintage coin (Franklin's Lost Expedition, $50 silver, five ounces) has an issue price of $580 CAD, the others range from $1,145 to $14,750 CAD.

IMO, these coins will never be in the mainstream of Canadian NCLT collecting because they are one-off issues with too few available to create a meaningful number of collectors who pursue them (a big driver behind the softness seen in the secondary market for many such issues). That said, it's likely that those who collect them, enjoy them for their exclusivity and that's great. The hobby can support all types of collectors!

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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