Coin Missing Certificate...would You Still Buy?

hey there SW

well, I talked to a few dealers when I went hunting for the somalia elephants, and the Rwanda African coins and also there's another African series, such as the Gabon elephant and they all purchase on different lots and their perceived market outlook for these coins.

So as an example- The african wildlife coins done by the german mint for Rwanda, dealers had their choice to buy from the mints wholesaler either a- the coin itself b- the coin along with COA c- the coin, COA and packaging/display package. (BTW I am talking about the proof Rwanda wildlife coins)

My communication with dealers was most purchased just the COA and coin. This I found to be true with the Rwanda 2013 Cheetah proof coin. When I checked most dealers only sold the COA and proof coin, I found a few dealers who offered a display case with COA and coin but it wasn't the original, it was after market.

Same thing happened when I went to buy the 2012 striped jackal coin from Niger. Several dealers offered the whole ball of wax, box, COA and coin. But others only offered a COA and the coin.

So basically its up to the dealer to decide which package he will buy because they are sold separately. I think I mentioned this but one dealer in Europe told me that these proof Rwanda coins had interested from investors who wanted to buy them to stack. Another dealer told me his market had collectors who were interested in the entire package.

Also, all the dealers had a common thread as to how they chose what package- the outlay of cash versus what their customer base would support. You have to keep in mind that these dealers have to put out a certain percentage from the mint for their pre-orders and we are talking thousands to tens of thousands.

Which makes collecting these type coins from private mints interesting and fun to a certain extent. Its like this major hunt where you have to piece everything together. I spent a week hunting down Somalian elephants, weeks hunting down who had what in the Rwanda series....

So I mean those coins, even without a COA and high prem you will be, IF you had to sell, which hopefully you dont have to and can keep growing your collection, you will still be ok because someone out there is going to be relieved to find this coin lol.

Anyways I hope that helps. I say, again, if you arent in need of flipping, grab em. They are neat looking coins!