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Vintage Silver Dollar Collection

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Valued Member
Lithanial's Avatar
Canada
451 Posts
 Posted 05/28/2012  6:36 pm Show Profile   Bookmark this topic Add Lithanial to your friends list Get a Link to this Message Number of Subscribers
Looks like the Mint has a Silver Dollar Collection available to the public now.

This is not for Master Club member only, it is available for anyone:
http://www.mint.ca/store/coin/1-fin...-prod1380001

My guess is that they set up a deal with Canadian Coin and Currency, or Steven Bromberg to sell vintage silver dollars, the same individual that sells official Mint stuff with The Shopping Channel. This is just a guess though.
Valued Member
Canada
396 Posts
 Posted 05/28/2012  6:53 pm  Show Profile   Bookmark this reply Add tocoins to your friends list Get a Link to this Reply
Ordered. I'm a sucker for oldies

Cancelled 2 minutes later. I thought I was getting 6 coins...
Edited by tocoins
05/28/2012 7:02 pm
Valued Member
KJL82's Avatar
United States
163 Posts
 Posted 05/28/2012  7:00 pm  Show Profile   Bookmark this reply Add KJL82 to your friends list Get a Link to this Reply
At first glance I'm not seeing anything different from the old silver dollars already available through other dealers at half the price....or am I missing something?
Pillar of the Community
CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 05/28/2012  7:02 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Total cost will be at least $400. I did a quick check on prices and even middle level graded versions of these coins seem to be well below $60 each from a west cost dealer.

Am I missing something besides a really nice box?
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SilverBug's Avatar
Canada
862 Posts
 Posted 05/28/2012  7:08 pm  Show Profile   Bookmark this reply Add SilverBug to your friends list Get a Link to this Reply
the set costs $350, the page doesn't mention how many sets will be available. to assemble a MS60 set will need $230 at j&m
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SilverBug's Avatar
Canada
862 Posts
 Posted 05/28/2012  7:12 pm  Show Profile   Bookmark this reply Add SilverBug to your friends list Get a Link to this Reply

Quote:
Am I missing something besides a really nice box?


yes, you do, you will receive your Certificate of Ownership with your unique collection number and a Certificate of Authenticity for each coin.

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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 05/28/2012  7:27 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply

Quote:
the set costs $350


plus tax and shipping.... pretty close to $400 in this province even with Masters club free shipping.

And possibly more - mint reserves right to change prices based on market value of silver.

Edited by CC-Ottawa
05/28/2012 7:29 pm
Valued Member
fkl118's Avatar
Canada
63 Posts
 Posted 05/28/2012  7:29 pm  Show Profile   Bookmark this reply Add fkl118 to your friends list Get a Link to this Reply
Interesting. How did you find this? I can't find it just browsing through mint.ca, only through the link.
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SilverBug's Avatar
Canada
862 Posts
 Posted 05/28/2012  7:44 pm  Show Profile   Bookmark this reply Add SilverBug to your friends list Get a Link to this Reply

Quote:
plus tax and shipping.... pretty close to $400 in this province even with Masters club free shipping.

And possibly more - mint reserves right to change prices based on market value of silver.


yes I know, they are expensive. here is the question, where are these coins from? I suppose RCM can't re-strike these silver dollars today, right?
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 05/28/2012  8:03 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
They might be worth it if there was a guarantee of grade but nothing in the description gives me any reason to believe that these are anything but ordinary coins.

Lithanial is probably right that they come from a dealer, possibly even the that guy who usually would sell this sort of thing on the shopping channel.

Fortunately, they are not newly minted. That would be troubling. But I have seen other sets offered in the past with more current dollars (from the 80s and 90s) and always wondered where they came from. Never an item on the mint.ca but sent in mailings from the mint with a phone number to order.
Edited by CC-Ottawa
05/28/2012 8:04 pm
Pillar of the Community
jpaiva83's Avatar
Canada
567 Posts
 Posted 05/28/2012  8:11 pm  Show Profile   Bookmark this reply Add jpaiva83 to your friends list Get a Link to this Reply
Did any of you guys check out the "back" of the coins?
A few have the Queen's father and one even has her grandfather.
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canuck1us's Avatar
United States
1002 Posts
 Posted 05/28/2012  8:30 pm  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply
Just did a check of my records and my total cost for this collection is $171.94. None of mine are graded but are at least MS-60.
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canuck1us's Avatar
United States
1002 Posts
 Posted 05/28/2012  8:33 pm  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply

Quote:
Did any of you guys check out the "back" of the coins?
A few have the Queen's father and one even has her grandfather.


I would be concerned if they didn't!
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RoyalSilver's Avatar
Canada
933 Posts
 Posted 05/28/2012  9:07 pm  Show Profile   Bookmark this reply Add RoyalSilver to your friends list Get a Link to this Reply
Looks like this set is overpriced by as much as 2x. If these coins came graded as...MS-64 or MS-65 then that would be a good deal. However, I think they will mostly be PL-65 (except the 1935 ) or maybe even MS-63, which is definitely NOT worth it.
Edited by RoyalSilver
05/28/2012 9:09 pm
Pillar of the Community
dialog_gvf's Avatar
Canada
1581 Posts
 Posted 05/28/2012  9:31 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

Quote:

They might be worth it if there was a guarantee of grade but nothing in the description gives me any reason to believe that these are anything but ordinary coins.


Agreed.

This is actually a bit disturbing. If this were ebay the seller could be in trouble for posting pictures that are misleading.

Edited by dialog_gvf
05/28/2012 9:31 pm
Pillar of the Community
poboxw's Avatar
Canada
1502 Posts
 Posted 05/28/2012  11:32 pm  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
Not bothering with any of these subscription service products. Not after the continuing fiasco and scam that was the 2011 F15 collection.

Grandma bait, this is.
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