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 Replies: 31 / Views: 5,893 |
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Valued Member
Canada
178 Posts |
I thought this would be a fun way to see failed/ under appreciated coins, and maybe get these coins some love. Browsing earlier I found this coin: http://colonialacres.com/products.p...ew=3051&ref=The walrus and calf 5$ coin from 2005. I actually really like it and the mintage was supposed to be a touch over 25000, but when I looked around I found that the actual mintage was only about 5000. I personally actually really like it, and am considering buying it. Any other examples of pretty big failures you guys can think of? |
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Pillar of the Community
Canada
862 Posts |
big failure? those two lighthouse coins, I got them cheaper than silver maple leaf bullion coin
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Valued Member
Canada
451 Posts |
At least the Walrus coin will never lose its spot value.
A lot of failures tend to be all of the silver dollars and double dollars proof sets of the past. The late 90's and early 2000 sets were doing brutal a few years ago. Only recently has their value bounced back thanks to the silver climb and the skyrocketing prices of the new double dollar sets.
The National Park collection didn't do so well, especially the Pacific Rim. I have seen that coin on the Colonial Acres blowout section several times. The Totem coin always makes an appearance on Bromberg's Shopping Channel shows. I don't think dealers can get rid of the Totem for any more than spot. It also isn't tax free.
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Bedrock of the Community
United States
10045 Posts |
Did this one bomb? It's my favorite oddity.   |
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Pillar of the Community
United States
1454 Posts |
I actually have three of the $5 Walrus coin and stamp sets. I thought those sets would have done better but the only ones I ever see that sell well are the bear and, of course, the moose (the only one I never won at auction). I purchased all the National Parks series and they were mostly duds. I thought the $5 Maple Leaf Dragon Privy would have been a bigger hit but it hasn't come close to the $1 Australian Lunar Dragon. Expected good things from the 1998 $5 Maple Leaf Titanic 86th Anniversary Privy but it was a poor gainer. The $15 Lunar series didn't do well, either, IMO. I could go on. There has been SO many.
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Valued Member
 Canada
178 Posts |
@ DVcollector, that's a strange one, no doubt. I did a quick search earlier and saw that the mintage was supposed to be 25 000 if I remember correctly, but couldn't find the final mintage numbers. Whether is hit its numbers or not, I don't know. And yeah traevin I know what you mean. Recent mint releases seem to be selling pretty well though, and even when they don't catch on, at least more than 80% of the coins aren't completely scrapped. I haven't been at this long but it seems the older releases didn't too well. Someone seems to be trying to unload the walrus for 300$ on ebay, so you can always go that route on your spare sets to try and make a few bucks off of ignorance. :P Edited by ztt2
03/28/2012 10:53 pm
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Moderator
 United States
14463 Posts |
DVCollector, what size is that? looks like a guitar pick
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Pillar of the Community
United States
2408 Posts |
According to Charlton, vol 2, 2011 mintage was 24,448 milk delivery coins.
Fuzzy, in 2009 the Mint produced another triangular coin, commemorating the six-string nation guitar.
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Moderator
United States
14463 Posts |
Quote:
canadian_coins
Fuzzy, in 2009 the Mint produced another triangular coin, commemorating the six-string nation guitar. if I played, that would be on my wish list.  |
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Valued Member
Canada
178 Posts |
Fuzzy, talisman coins says the Milk coin is 34.06 mm in diameter. I'm guessing that figure is for the holder though so I hope that helps.
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Pillar of the Community
United States
1454 Posts |
I guess I was wrong about the Titanic privy. I saw one go for $111 today, far more than the $38 I paid. Usually, I look at the bids, figuring two overzealous bidders drove up the price but that wasn't the case. Six bidders were in the $90's, which tells me there is more demand than I thought for the coin. If the winner had tried "buy it now," I believe he/she would have gotten a slightly better deal. Only difference between the one that sold and mine was, my coin came in a slabbed case with the COA inside and this one was in a box. I don't "think" there's any difference in the actual coin, itself, though.
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CCF Master Historian of USA Commemoratives
United States
12267 Posts |
Happened to be looking up a few mintage figures for 2007 silver commemoratives this evening and came across the following which only hit 50% or less of projected mintages: - 2007 Thayendanegea Proof Silver Dollar (single): Mintage Limit - 65,000; Number Sold - 32,837 (50.5% of limit)
- 2007 Thayendanegea Brilliant Uncirculated Silver Dollar: Mintage Limit - 35,000; Number Sold - 16,378 (46.8% of limit)
- 2007 Celebration of the Arts Proof Silver Dollar: Mintage Limit 20,000; Number Sold 6,704 (33.5% of limit)
- 2007 National Vimy Memorial $30 Silver Coin: Mintage Limit 15,000; Number Sold 5,335 (35.6% of limit)
Not sure they qualify as "bombs" but they certainly didn't meet expectations! There were a good number of successes for the RCM in 2007, but the coins above weren't among them! Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Valued Member
423 Posts |
Coins That Bombed
The 50 cent and now the 1 cent... :P
But do not be sad...
They will rise again as NCLT's...
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Valued Member
Canada
451 Posts |
^Perhaps they will make them large cents again?
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Valued Member
Canada
234 Posts |
I don't know how popular the 2010 Gold Maple Leaf collection was, I'v seen a people try to unload the set with nobody being interested. I also got my buck moon coin for 20$ cheaper on ebay... |
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Pillar of the Community
3352 Posts |
Amazingly, in 2007 the RCM ended-up producing the "Prettiest" coin ever made, as well as managing to produce the "Ugliest" coin ever made ... The "Prettiest" coin ever made:
The 2007 Vancouver Canucks Quarter (NOTE: the only year the Canuck quarter has ever been produced) => "AMAZINGLY", only 1,526 were sold!? (WHAT! How can that be!)  The "Ugliest" coin ever made:The 2007 Montreal Canadiens => "RIDICULOUSLY", 4,091 were sold!? (WHAT! How can that be!)  |
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Replies: 31 / Views: 5,893 |
Posted 03/28/2012 8:55 pm
