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New Privy Mark Sml - World Money Fair 2014

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kuh_85's Avatar
Canada
2366 Posts
 Posted 02/07/2014  10:51 am Show Profile   Bookmark this topic Add kuh_85 to your friends list Get a Link to this Message Number of Subscribers
Just got a message that this was released today. Mintage 7,500. Cost $79.95. Reverse Proof finish.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/07/2014  11:13 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
Not sure that to think of this. Is the Mint going to start issuing reverse proof bullion with various privy marks and at a cost of 4x spot?

If this is a one off, then I'd consider adding it to my collection but I'm not interested in collecting a series of them.
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Canada
6768 Posts
 Posted 02/07/2014  11:27 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Heard this too.

Now, RCM really became smarter. The Mint offers directly bullion items (well, it semi- numismatic) to the public, for twice of bullion price.

What I think for myself- yes, I interested to buy, but just want to be sure, that it kind of 'premium bullion'
And hope, that the Mint will not over-flood the market with such items.
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Canada
867 Posts
 Posted 02/07/2014  11:35 am  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
Did silver jump over night? $80 for 1 oz of Ag....The RCM marketing people must be on straight commission...I'll pass
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kuh_85's Avatar
Canada
2366 Posts
 Posted 02/07/2014  11:51 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
This is the money fair for the F12 & F15 SML series isn't it? "Commemorates the twelve/fifteen winning coin designs of the Berlin Money Fair". Not sure if this is an F15 or something else entirely. No picture or mention of what the privy mark actually is in the message. It does come in a clamshell case though.
Valued Member
chubbycheeks's Avatar
Canada
480 Posts
 Posted 02/07/2014  11:53 am  Show Profile   Bookmark this reply Add chubbycheeks to your friends list Get a Link to this Reply
I have to disagree here. I like this a lot. I also feel coming from the mint $80 for a SML is a lot, but to be honest if they released this to just the dealers the price would probably jump to 80 or higher anyway. This looks to be among one of the lowest sml privy mintages. There are only a hand full just below it.

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kuh_85's Avatar
Canada
2366 Posts
 Posted 02/07/2014  12:05 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Quoting from Charlton here :-) Privy mark SMLs have been minted since 1998. Usually with a Reverse Proof (Specimen) finish. Only 4 have a bullion finish. I believe most of them have been produced as 'private' releases where a specific company or dealer orders them and receives the bulk of them for distribution/sale so they are not normally available for sale directly from the RCM. Like the Year of the Dragon one in 2012. Also, I believe the F12s were first minted for a dealer in 2007 and it's only the last couple of years that the RCM has been selling the sets. Charlton lists 32 up to and including the 2013 Year of the Snake. Book value for 66 grade ranges from $45 (2012 Year of the Dragon, mintage 25,000) to $150 (2005 Liberation [of the Netherlands, tulip], mintage 3,500). I've seen the early F12s sell in the range of $200 at their peak. Mintages range from 3,500 (2005 Liberation) to 75,000 (2009 Tower Bridge) with most in the range of 10,000-25,000.
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Mrpiedfort's Avatar
Canada
663 Posts
 Posted 02/07/2014  12:14 pm  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list Get a Link to this Reply
Does anybody know if this one is similar to another sml released last month in terms of finish? My guess is this privy mark sml will command a decent premium in the not too distant future because of the low mintage and there are quite a few people who have to have all things maple.
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SilverBug's Avatar
Canada
862 Posts
 Posted 02/07/2014  12:19 pm  Show Profile   Bookmark this reply Add SilverBug to your friends list Get a Link to this Reply
It's available in RCM vancouver shop. I saw it yesterday,same finish as the other maple leaf
Edited by SilverBug
02/07/2014 12:20 pm
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Canada
6768 Posts
 Posted 02/07/2014  12:29 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
The point here - although, current "Berlin Fair" Privy SML will be preferred over "Replica SML" (the difference in the mintage), but if RCM constantly will issue different privy Maples (even with the same 7.500 mintage each one), so for the long term, the non-privy one will be more unique.

Currently, I would say - nice to have both, but like CC-Ottawa wrote:

Quote:
" but I'm not interested in collecting a series of them"
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Mrpiedfort's Avatar
Canada
663 Posts
 Posted 02/07/2014  12:55 pm  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list Get a Link to this Reply
SilverBug, thanks. A bit surprised that it is already available for purchase at the Vancouver store. For $80, the Mint should guarantee these coins will not develop any milk spots.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 02/07/2014  1:35 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
@Mrpiedfort - True. Not a problem for the Reverse Proof ones like this one but the odd bullion one they put out still gets milk spots.
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Canada
6768 Posts
 Posted 02/07/2014  2:04 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
I've seen not one 2012 Titanic Privy SML (Reverse Proof finish) with the milk spots and white areas. On the Reverse Proof Finish SMLs they will be less noticeable.

But again, Titanic Privy was distributed as ordinary bullion SML. Hope that the new ones (for $80) have a different approach.
Valued Member
United States
134 Posts
 Posted 02/07/2014  3:31 pm  Show Profile   Bookmark this reply Add mltung to your friends list Get a Link to this Reply
Awaiting stock
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Canada
6768 Posts
 Posted 02/07/2014  3:40 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
Awaiting stock


That was fast.

The dealers still have it in stock (CA, CC&C, Gatewest), so I think, significant portion of the mintage went to the dealers...
Pillar of the Community
Canada
871 Posts
 Posted 02/07/2014  3:51 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
For the low price of $79.95, these will develop milk spots.
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