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 Replies: 20 / Views: 3,142 |
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Valued Member
Canada
55 Posts |
Given everything is equal, Is the price going to be the same for all three 10 years later? Supply and demand right?! What do you think?
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Pillar of the Community
Canada
2124 Posts |
In ten years I could tell you.
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Pillar of the Community
Canada
516 Posts |
What I have noticed this is one of the most expensive reselling value series in percentage and that but I think it will probably get higher since most people will not sell theirs and less and less like you said and people will want this iconic series even in 10 years.
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Pillar of the Community
Canada
2366 Posts |
As the mintages increase, so does the price pressure of demand decrease. There are only 5,000 ladybugs to go around. Also, I expect in ten years some other fad will have long since taken over. Holographic alien life form on the MintChip maybe?
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Moderator
 Canada
10456 Posts |
No. Given that the most popular series, the silver dollar, with some issues with mintages of 5,000 (Queen Mum, enamelled Canada Flag, etc...), have dropped in price since the initial hype, I would fully expect these coins to, as well...
"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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Rest in Peace
Canada
1360 Posts |
I could see the price going up even higher - IF - they released subsequent 'glass bedazzled' coins in higher mintages. This would create a larger following, all looking to complete their collections.
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Valued Member
Canada
299 Posts |
That series is unique for the moment. No other country has ever produced anything somehow alike to this. It will always be high in price as a first of a kind, and unique if no other country releases anything like that. If the series continues, I expect the ladybug to overcome the price of the Red Back Spider 2006 and 500 Togrog Wolverine 2007
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Valued Member
Canada
335 Posts |
By what do ou mean first of its kind? Is it the glass that makes it stand, because I could name you one coin that has glass on the con (rather on the coin) that was made 3 years earlier than the ladybug
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Pillar of the Community
Canada
2984 Posts |
Perhaps we can answer the question this way. Have any of 2003 RCM coins increased in value? |
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Moderator
Canada
10456 Posts |
Quote:Perhaps we can answer the question this way. Have any of 2003 RCM coins increased in value? Only the coins with precious metal content (platinum set, all gold coins, hologram silver maple set, etc.). I think the 2003 $5 Hologram Good Fortune Silver Maple Leaf is above issue price, which has been pretty stable despite bullion prices. The sheep privy mark silver maple also carries a bit of a premium, that has been above issue price since 2003. "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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Valued Member
Canada
299 Posts |
Quote:
By what do ou mean first of its kind? Is it the glass that makes it stand, because I could name you one coin that has glass on the con (rather on the coin) that was made 3 years earlier than the ladybug I'd actually be interested to know. Please inform me, b/c as far as I know, Canada was the first one to have "something" on the coin so protruding. A WORLD FIRST! Features a prized Venetian glass ladybug.
Highlights:
This is the first coin ever to be embellished with Venetian glass, a world-renowned glass prized for its clarity and extremely vibrant colours. Each glass ladybug was handcrafted by a master-glassmaker in Murano, Italy. --> That's from the Mint website, doesn't say much I guess, but would be interested to know what country made something at least somehow alike to the Venetian glass coin series.  |
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Valued Member
Canada
335 Posts |
Like I said it says first as in the first to use Venetian glass to put a design on the coin. 251271635276Here is an ebay number to the coin I'm talking about |
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Valued Member
Canada
299 Posts |
Totally different The glass is simply inside the coin, which is easier to do than to actually put a bug inside. It a beautiful coin though |
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Valued Member
Canada
335 Posts |
Well sure it's easier, but how does the mint attach the bugs to the coin.
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Valued Member
Canada
299 Posts |
I think it somehow goes into the coin like with a pin or something, dunno exactly. Not willing to take one out to discover hahaha
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Pillar of the Community
Canada
746 Posts |
If more butterflies continue to show up with broken wings, then obviously it's a fragile piece. How many more butterflies will break when they are shipped out or mishandled, dropped, etc.?  In 10 years, the butterfly might become as rare if not rarer than the ladybug due to its fragility. They will simply disappear or get melted for the silver value. As a side note, I find the butterfly more appealing and stunning than the ladybug and its delicacy makes it even more precious to hold.  I know, I'll get attacked for saying this, so bring it on!  |
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Replies: 20 / Views: 3,142 |
Posted 05/06/2013 5:03 pm
