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 Replies: 31 / Views: 5,994 |
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Valued Member
Canada
480 Posts |
I guess I'd give the opposite advice as agcoinau. Although he is correct most places would only pay you spot for it. I believe those places would probably turn around and resell those harder to find dates or privy's at a higher premium. I'm very frugal when it comes to collecting maples so I always try to buy them for as low as possible, but a lot of times I have to cave and pay those high prices for the sought after ones. To the majority of the world it's really just a 1oz coin, but to those who collect them it's something else entirely. In the end you'll probably have to turn to ebay to find the one you want or can't seem to find. I always find ebay to be a good indicator of what your item is worth. What ever someone is willing to pay for it will be what it's worth. My advice is to not rush it and buy up everything in a month, enjoy the hunt. |
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Pillar of the Community
Canada
815 Posts |
Maples do tend to sell for a premium, but I have noticed an odd trend that NEWER Maples/Eagles/ETC tend to sell for a larger premium than OLDER ones.
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Pillar of the Community
Canada
3049 Posts |
I think you will find that the 2014's will hold their premiums well.. given the anti counterfeit measures within them ...
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Pillar of the Community
 Canada
706 Posts |
Also, MILK SPOTS I was reading this is a major problem with them.
Are they as big of a problem for the reverse proof privy versions or are they just as susceptible to milk spotting?
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Pillar of the Community
Canada
706 Posts |
I was going to start collecting the privys that are less pricy. The most recent lunar ones. Do these ones come sealed in RCM pliofilm or from the roll? |
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Pillar of the Community
Canada
1461 Posts |
Where are I agree that if you're buying for investment only buy the base SML coins. With respect to value of privy coins or low mintage year SMLs, although I don't disagree that some dealers do/will treat those coins as bullion, the fact is that many interesting/rare SMLs take quite a premium in the secondary markets. It's not uncommon to see these coins sell in the $50/$60 dollar range. 1996 ML is one good example of a coin that sells for a decent premium.
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Valued Member
Canada
373 Posts |
You mean the 97 SML? I picked up some Desjardin Privy SML at a decent price. I only need 2 more to complete my set. RCMP and the RCM ones. |
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Pillar of the Community
Canada
6768 Posts |
Same like for other coins, the premiums and collectability comes together.
Means, if you want to have nice SML collection, sure, you will not pay spot+$2 for them.
Well, it nice every year (from 1988) to buy single coin or even a tube for collection. But this type of collection, sorry - will be just boring. Same SML year to year....and this is not the same, like set of circulation pennies, nickels...halves etc.
To have full/extended SML collection, need to buy also Privys (that mostly not so expensive), and some other, more expensive editions...
Fresh example:
2014 Gilded SML (1oz coin fro Fractional set) - to have it in SML collection, need to spend $250 for the set (when it was available) or $140-$150 for the 1oz coin now. Will you have some profit from it in the future - who knows, but for sure, now you'll spend a lot, and the collection will be up-to-date.
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Pillar of the Community
Canada
867 Posts |
As a potential buyer of Ag ML's, I wouldn't pay a premium for a privy mark, because you are sure aren't going to get that premium back selling it to a dealer, like J&M or VCBE here in Vancouver. LIke musical chairs, you only get that premium from someone that perceives extra value, for a bullion coin. RCM has no limits when it comes to marketing their coins, and trying to enhance the price beyond the coin's intrinsic value. |
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Valued Member
Canada
480 Posts |
Like I said in my earlier post, I would agree with the fact that places like JandM or any dealer in gerneal will likely pay you spot or a few dollars above that, but the same dealers will turn around and sell those privys or sought after dates for double that. They are a brick and mortar operation and as such have the cost associated with having a store front. I don't feel the RCM has anything to do with the current value of their older maple's and privy's, I'd attribute that to ether the Chalton or other catalogues that that put a value on them. The rest is what ever the market will pay for them. I don't believe the RCM advertise/sell their bullion to the open public. ( not counting the website's updates on current events ) The market is created by dealers who are the only ones who have access to them and the buyers will ether drive the price up or down. And like other coins, one that is clean and problem free will always command a higher premium. ( I'm not talking about ms XX I don't believe graded maples) |
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Pillar of the Community
Canada
706 Posts |
Does anyone have any experience with milkspots on the privy reverse proof coins?
Or are they made differently?
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Pillar of the Community
Canada
6768 Posts |
Titanic Privy - bought graded (in slab) - developed milk spots Zodiac Privy - bought RCM sealed - same story - milk spots, but very small |
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Pillar of the Community
Canada
815 Posts |
The milk spot problem is why I abandoned SML's entirely. I love the look, the fineness, and the $5 backing, but it's not worth the shoddy minting to me. I have moved over to British and Austrian bullion as my go-to.
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Valued Member
Canada
373 Posts |
The majority of my SML privys don't have milk spot. Some of them are in thermotron while others are loose or in RCM packaging. |
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Valued Member
Canada
480 Posts |
I find the ones in the mylar seldom develop the milk spots. From my experience If they don't already have them they will not develop them. But I find the ones in the capsules can go ether way. That being said for my personal collection the milk spot problem is not a big issue.
I enjoy the Aus bullion products as well. Their lunar series one and two are my favorites. The lunar series 1 coins are very well minted, their strikes are very well done. All of my portraits are perfect to the naked eye.
As for the Brits I have to confess I'm not a fan of paying tax. I do have a few but not as many as I'd like. I've noticed some of the new bullion they are producing start at 999, which I feel should be the standard when it comes to bullion.
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Replies: 31 / Views: 5,994 |
First Page
Posted 03/14/2014 02:35 am
