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 Replies: 29 / Views: 3,371 |
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New Member
Canada
10 Posts |
In the last two days the mint has come out , and introduced , 24 pre orderable coins.
For serious coin collectors some of this is junk.
But do you think 24 is to much to be released all at once.
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Moderator
 Canada
10458 Posts |
Someone has to give the Franklin Mint and Isle of Man a run for their money!
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Bedrock of the Community
Australia
21786 Posts |
SPP-Ottawa: I agree with your very accurate cynicism!
I do not think much will change, though.
By increasing the variety and artistic innovation of their products, mints around the World hope to increase the volume of their business. I guess that like any healthy business, you can't blame them for that.
It's just me; I usually resist being marketed to.
However, lots of other folks don't mind that, and look forward to new and interesting NCLT mint issues.
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Pillar of the Community
United States
965 Posts |
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Pillar of the Community
Canada
2781 Posts |
ide rather they concentrate on quality rather than quantity, but I'm not running the show so...
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Pillar of the Community
Canada
535 Posts |
I like the design of most of the mints product, but to me they release far too many coins each year.
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Valued Member
Canada
306 Posts |
Its not only the non circulation coins. There have been three loonie and two toonie designs that have been released in the few months since the new "security" designs came out. (I do like the HMS Shannon toonie though) There have also been countless circulation quarters over the past decade. I don't mind commeratives but they do not need so many. 24 in one month (circulation or not) is crazy!
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Pillar of the Community
614 Posts |
And the Americans inthe thirties, thought THEY had a ton of commemoratives.
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Rest in Peace
Canada
1360 Posts |
My thoughts exactly. Besides the dents in my credit card, I'm having issues on where to store them. In the old days, you could opt out of receiving the "display box" at a slightly reduced price. Today, I put anything gold in the safety security box...sans display case. So, those cases are in a big plastic tub in the basement. A waste of space, and a future head ache if I ever want to go 'match them up', sell, or will them away.
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Valued Member
Canada
457 Posts |
In the short term I think its brilliant strategy for the mint.
Make at ton of cash from the granny bate,
Hook a few more collector's, with the coins that represent circulating coins ( even though they are not real penny's, loons etc.
But...... long term I think people will become bored and feed up with the never ending supply of " junk metal disks " and find new hobbies.
Just my thoughts :-)
By the way....... I bought everything I could that was penny, quarter or loon related except the $500 penny...... but its not sold out yet lol.
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Valued Member
Canada
457 Posts |
echo  Edited by falcon
09/19/2012 1:03 pm
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Pillar of the Community
Canada
1554 Posts |
 Canada65, I say to the R.C.M., bring it on! All newbee Collectors are fascinated by glitzy shiny coins, ones that glow in the dark, have bugs stuck to 'em, little emerald's embedded in 'em, coins that are encapsulated into solid oak cases, etc. This is what brings New Collectors into our Hobby and that's what keeps it alive. I don't see too many of us going door to door in our neighborhoods soliciting the youth to start collecting, so I take my hats off to the mint for doing what they are. After all, the R.C.M. was what started me into Collecting and I've never looked back! p.s.: also most serious coin Collectors don't collect R.C.M. material. Glenn  |
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Pillar of the Community
Canada
695 Posts |
 Glenzy1 is right. How else are new collectors going to get into the hobby. For me, I stopped collecting coins when I was a kid. I only recently rekindled my interedt with the release of the $20 for $20 canoe coin. That being said, the only NCLT that I do buy is the $20 for $20 coins. Although I really like some of the other designs of the RCM, I find them to be priced to high for me to get into collecting. |
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Pillar of the Community
Canada
3692 Posts |
Most of those aren't even "coins" anyways. They don't circulate as money. At present they are collectible cylinders.
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Valued Member
Canada
186 Posts |
I had a nice long post talking about when/why I collect and what makes it fun but nuked it. Short answer is yes. Why? Most RCM coins lose value. Once you think to yourself, I'd like to collect all (fill in the blank) ____ coins, soon after this you get disappointed because they pump out more and more of that series every year. |
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Pillar of the Community
Canada
1502 Posts |
Give and take. To maintain the same sales and reduce the mintage as they've done, the variety has to up
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Replies: 29 / Views: 3,371 |
Posted 09/18/2012 7:15 pm
