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Most Desired/Wanted Commemorative Silver Coins

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Adorus's Avatar
Canada
299 Posts
 Posted 01/15/2014  12:02 pm Show Profile   Bookmark this topic Add Adorus to your friends list Get a Link to this Message Number of Subscribers
I'm collecting mostly Canadian coins, and I was wondering NCLT wise, what are the most expensive commemorative coins out there in the world and what is their price.

I know the Ladybug would most probably be one of them, but what about the Mongolian coins, or fiji. Would like to get your thoughs on that

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denco7's Avatar
United States
2543 Posts
 Posted 01/15/2014  12:40 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Gold commems, are probably the most expensive due to their intrinsic value. Your question is entirely too subjective for a concise answer, if there is an answer at all.

There are NCLT coins from almost every country with a mint and many ... many countries that use private mints for their coinage. Mintage of these NCLT's range from single digits to 45,000,000. Their price is solely tied to demand, not mintage.

The most expensive NCLT coin has absolutely nothing to do with who minted it, where it was minted or how many were minted. It has everything to do with what someone will pay to have it in their collection.


I would say if I had to be nailed down on an answer, 1995 W Proof ASE, 30,125 minted, a PR70 went for $86,654 last year.
I have a 2010 Cameroon holograph butterfly coin, mintage 1500, I paid $59 for it . Go Figure ?
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Canada
6768 Posts
 Posted 01/15/2014  1:18 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
I think you actually answered for this question:

As I remember, the Mongolian Gulo Gulo one of the most expensive NCLTs.
Recently I read about Australian 1967 Swan Dollar, that actually wasn't struck for circulation, and due to limited mintage, it also became expensive and desired by the collectors coin.
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arianzo's Avatar
Canada
2124 Posts
 Posted 01/15/2014  1:34 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
Yeah, the Mongolian is very expensive if you compare with its issue price. But you can't compare a 1 oz with a 5 oz coin. Now you have recently the Cylindrical coin "Fortuna" (for me is not a coin but officially it is).
Edited by arianzo
01/15/2014 11:26 pm
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Sap's Avatar
Australia
16816 Posts
 Posted 01/15/2014  8:17 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
Recently I read about Australian 1967 Swan Dollar, that actually wasn't struck for circulation, and due to limited mintage, it also became expensive and desired by the collectors coin.

Yes, it is a popular item, but since it was not an official government issue (it was a "private pattern", commissioned by a local coin magazine) it does not count as NCLT, since it was never "legal tender". It is included in the Australian coin catalogues purely for sentimental reasons.

As for the OP's question, it should perhaps be clarified: are you talking about an original issue price way above bullion value, or are you talking about current collector value way above original issue price? They are two different (and not always interlinked) factors.

A good example of the latter category of coins is the Redback dollar of Tuvalu. Issued by Perth Mint back in 2006 for about $60, it now sells for $1500 or so. Its popularity surprised everyone, not least of all the Perth Mint itself and the coin dealers who bought them in bulk.

Secondly, since we are discussing NCLT coins made from a variety of metals, are we talking "most expensive" in simple dollar amounts, or as a premium or percentage above bullion value or issue price? For sheer dollar amount, the gimmicky mega-coins put out by Perth, the RCM etc will surely win, as they contain millions of dollars worth of gold, platinum or whatever. But their value above bullion value is zero.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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