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5 Oz Fine Silver Coin - Hms Shannon & Uss Chesapeake

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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 04/30/2013  10:02 am Show Profile   Bookmark this topic Add CC-Ottawa to your friends list Get a Link to this Message Number of Subscribers
Opinions on this coin?

I'm surprised/disappointed to see that it has no colour or gilding and that it's a close-up of the two ships engaging in battle. It appears to be very detailed but the zoomed design takes away from scale of the ships.

Rationally, I understand that it's a large numismatic coin but my gut is turning over paying $100/oz. Any thoughts?
Pillar of the Community
Canada
6768 Posts
 Posted 04/30/2013  10:20 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
CC-Ottawa, where we can see this coin?
It is not on the Mint site yes, suppose to be tomorrow, I think.
Valued Member
Canada
373 Posts
 Posted 04/30/2013  10:28 am  Show Profile   Bookmark this reply Add taro-chan to your friends list Get a Link to this Reply
Based on all of the previous 5oz (non penny/SML), they are all very detailed. They probably chose the scene to show more detail of action. If they zoomed out, there would be a lot of unused space. Either way, I am done paying 500 for 5oz after buying the penny and the SML 5oz. With spot low right now, you can get a 10oz kook for less then 300.
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canuck1us's Avatar
United States
1002 Posts
 Posted 04/30/2013  10:34 am  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply

Quote:
where we can see this coin?

I believe the MC members with reps receive a preview email the day prior to regular MC release on the website.

I have not previously purchased a 5 oz coin but I am interested in this one because of the subject matter.

Looking forward to seeing it myself - could be another one that looks better in hand than the RCM illustrative image.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 04/30/2013  10:55 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Taro we are on the same page. I bought the penny and the SML too and while they are nice coins, the $500 is a tough pill to swallow.

I like history and I own most of the ship related Ag coins issued by the mint but the design on this one leaves me flat. I guess I was expecting something more unique given that the last 5oz was the first w/ colour and the new 1 kilo Ag ML is the first gilded.

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canuck1us's Avatar
United States
1002 Posts
 Posted 04/30/2013  11:02 am  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply
Ah....a photo of the coin emerges on the "other" forum.

Here is a photo of a painting:

5-Oz-Fine-Silver-Coin---Hms-Shannon-&-Uss-Chesapeake

I assume on the coin we are viewing the ships from bow to stern and the USS Chesapeake is on the left (heavily damaged) and the HMS Shannon is on the right - although the the top of the coin reads the Shannon on the left and the Chesapeake on the right.

If someone was looking at the coin without a knowledge of history they would likely assume that the ship pictured is the one under the name. It makes sense though to list the British ship first since it is a Canadian coin.

I do like it and will add it to my collection.

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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 04/30/2013  11:42 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Good eye canuck1us. It does appear that the coin is showing the bows of the ships with the port side of the Chesapeake and the starboard of the Shannon.

I'm guessing that this coin won't be very popular in the US. Despite the differing views on the war of 1812, I don't think even revisionist historians can dispute the outcome of this battle.

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kuh_85's Avatar
Canada
2366 Posts
 Posted 04/30/2013  11:58 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
My first 5 oz was the Farewell to the penny. This will be the second. This isn't one of the formats I collect all examples of. Wasn't the last one that came out (the Queen) $25 more than this one? If so, nice to see not all prices going up.
Pillar of the Community
Canada
5324 Posts
 Posted 04/30/2013  12:00 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
going to past on this 5 oz. a large version of the shannon toonie design in my opinion would have been a better choice.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 04/30/2013  12:08 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
The only thing that might sway me is the obverse. It appears to be the unique part of this coin but displaying the Queen's portrait floating on water seems just a little bit creepy.

Still, if I do get one, I'll probably wait to pick it up from the dealer at a discount.

Thanks all for talking me down from the ledge...at least for now

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Coin Chick's Avatar
Canada
1354 Posts
 Posted 04/30/2013  12:12 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
I ordered one. It appears to have great detail. I can't wait to read the description for it tomorrow. the obverse looks intriguing.
I'm thinking it will be sold out by tomorrow like the last 5oz.

I waited until the next day to decide on the queen and it was to late,,, fortunately my rep located me one a couple weeks later.
Pillar of the Community
Canada
6768 Posts
 Posted 04/30/2013  12:17 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
The coin is already on ebay, as a "Pre-sale"

http://www.ebay.com/itm/5-oz-Fine-S...em4854e2f4a8

This is interesting:
take a look at the "waves" on the obverse - I didn't see this specific kind of finish previously.

Added:
4 coins available for the same seller.
Really, people like to use the formula:
just buy something and resell it for higher price.
Edited by Silveroid
04/30/2013 12:45 pm
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Lostwords's Avatar
Canada
1528 Posts
 Posted 04/30/2013  12:36 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply
looks like the queen head is swimming in the water
Pillar of the Community
Canada
871 Posts
 Posted 04/30/2013  1:37 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
I can't pull the trigger on $500 for this piece. I do like the mintage of only 1500.
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 04/30/2013  2:01 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

Well, if you're going to pay $100 and oz, at least some scarcity is nice.
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SA4H's Avatar
United States
2764 Posts
 Posted 04/30/2013  2:50 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
I don't see it on the RCM site. I'm a MC member.....
Is it only available to the "Elite MC" for now?
I am interested to see the design..... but probably won't buy it (because of cost, even though I like the history part & the navy theme).
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