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Replies: 22 / Views: 5,294 |
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Pillar of the Community
United States
3789 Posts |
I am looking at a couple gold coins,, this is one of them... I would like the forum's thoughts on this coin. I am looking at it first from the point of having a stunning piece in my collection. Secondary and really not important is it increasing in value, thats not really important. But I do like adding gold coins and I have lost my interest in gold american eagles and buffalo gold coins going forward so I am looking at these... your thoughts, opinions, etc please. here is the coin http://www.mint.ca/store/coins/1-oz...0025#reviewsedit- I forgot to add the link to the coin, sorry guys! Edited by yup7676 06/27/2014 9:21 pm
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Pillar of the Community
Canada
5417 Posts |
It's a nice looking coin for sure. That price is crazy high though, as with all mint products, if you don't like bison's or eagles anymore, try, Maples, Kruggergand etc. There are rounds available from a lot of countries in the standard 1oz 0.999 size/purity. You can also find a lot of earlier issued World Gold Coins for Close to melt. Do some research, Good Luck 
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Pillar of the Community
Canada
1823 Posts |
$2700 
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Pillar of the Community
United States
5825 Posts |
Buy one if you like it's design and appearance. DON'T buy one as an investment.
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Pillar of the Community
Canada
2019 Posts |
Is the 350 mintage worth the extra $1200 or so , it could be but the higher the price the harder it is to get rid of at a profit later on. If you like it and can afford it then buy it, I personally really like these low mintage coins but just cant afford most of them. Having one of 350 is much better then having one of 10k... 
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Pillar of the Community
Canada
6768 Posts |
This a huge amount for single coin. but looks like, you do not think here about this coin as investment. As for design - sure the best in the "Bison" series, and one of the best latest gold "Animal" themed coins, so choice is good. Plus - mintage. At the bottom line: if I had spare $2.700 that wanted to put it into single gold coin, I would select the Bisone.... or: (which sounds even less reasonable), would buy the $300 14-Karat Gold Coin - Canada Coat of Arms - Mintage: 500 (2014) http://www.mint.ca/store/coin/14kar....U67PXnXrRqM
Edited by Silveroid 06/28/2014 10:23 am
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Pillar of the Community
Canada
867 Posts |
@ yup7676I agree with all of the above posters. The bottom line is that it's not an investment, but if you like it and can afford it, BUY it! 
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Pillar of the Community
Canada
644 Posts |
I've got the silver version of this coin and I have to say the attention to detail is remarkable. If you can't afford the gold version, i'd say at least buy the silver one as it is a nice piece to own in your collection. The silver one has a fairly low mintage of 7,500 as well.
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Pillar of the Community
Canada
6768 Posts |
Quote: I've got the silver version of this coin and I have to say the attention to detail is remarkable. If you can't afford the gold version, i'd say at least buy the silver one as it is a nice piece to own in your collection. The silver one has a fairly low mintage of 7,500 as well. Agree... the silver one is amazing - there is a full picture, 4 animals (with the bird), looks very nice.
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Pillar of the Community
 United States
3789 Posts |
Hi guys, thank you for everyone's thoughts and opinions.
I like to add gold coins that I think are unique, in terms of appearance, theme, size, those are at the top of my "like" list.
While it is not important and not something I am counting, IF it increases in value, sure that would be nice. But as we know, coin values come and go and mostly the flippers win at that. But again, thats not of great importance to me.
My thing is I want to branch out to unique gold coins. I just have too much of the common types. I was considering the gold somalian elephant... but ,,, I LOVE THE SERIES... but its being too common in my opinion. So thats why I decided against it. Thats why I am looking at coins that are unique in series and catch my interest.
This gold Bison coin, just what catches my eye and interest is the setting of the bison, they look very realistic and well done, I like the detail of the bird in the front,, it just looks very well made and to me that makes it unique.
Now I just looked at Gatewest and was thinking of ordering from them as I saw they had the best price but I see its sold out now lol I liked the price and also felt comfortable with them because I have ordered before from them and was very happy with their service so I feel comfortable.
I haven't ordered from any other dealers this type of coin, any suggestions?
thank you again!
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Pillar of the Community
Canada
1751 Posts |
Hey yup, I'm enjoying your posts in the metals forum. I think I get at least 75% of what your saying! It's great to see you hanging out with us Canucks. A couple other large and very large Canadian dealers are Colonial Acres & Canadian Coin & Currency. The last dealer is a rather well known collector, who commissions coins from the mint. Steven Bromberg in addition to owning Canadian Coin /Currency has his own coin show on our shopping channel. Both companies are top rate with impeccable service. I've bought from both several times.
I'd look around, see who the best price. Then come back and get opinions on that dealer. I'm also very impressed with the German dealer topworldcoins, they also have a location in Chicago. I've bought from both locations and received wonderful and fast service. Power coin in Italy is another well known dealer, with an outstanding reputation. So these are some of my suggestions. Have a great weekend. I enjoy your posts and hearing what you collect. The bisons are beautiful coins. I have 2 of the 1st silver, and I'm waiting for a sale on the others.
Edited by pocket change 50 06/28/2014 4:12 pm
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Pillar of the Community
United Kingdom
2133 Posts |
Have you considered a change of tack ?
You could get a nice medieval gold coin of England or a European country or several mint condition Byzantine solidi (plural of solidus) for that money.
And, because they're not being made any more, probably a better investment.
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Valued Member
Canada
115 Posts |
@yup, I was thinking along the same lines... I wanted gold coin, that would be different, that I would like and like you, I love the series. So I got the iconic polar bear last year. did pretty good. amazing coin! very detailed, low mintage (600) and I even managed to snag 012/600! bonus!
now this year, I realise that there is no way I can actually afford the second coin in the serie... it sucks, because it makes my polar bear kinda meaningless...
so if I was going to recommend something I would say go with smaller denomination and something you can afford year after year (or whenever they come up with another one)
I also think that while they are super nice sitting at home, because of the high price, I believe they may be quite a bit harder to sell whenever you are ready to part with it.
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Pillar of the Community
 United States
3789 Posts |
@pocket change 50- Thank you for the kind comments, glad to hear you are enjoying and learning from the thread I have in the PM section, my whole intention has been to find out where gold and silver are going, and at the same time, showing how prices repeat, how markets give clues and confirmation of what it wants to do and when its doing nothing. Hopefully, by repeating the same things over and over and showing how it works, everyone can understand better what happens and that price action in all assets, such as gold and silver are not some mystery but rather actually pretty clear in what they want to do or dont want too. I did check out Colonial Acres, they are sold out, Canadian Coin and Currency does have it appear they have it in stock, tho not as a good as a price as Gatewest had. I think Gatewest wanted just shy of 2400 bucks, USD. I been looking on ebay and noticed Talisman has them but forget them heard too many negative things and they want way more than other dealers for this coin. I am going to follow up and check out those two other dealers you mentioned and see whats cooking if they have this coin. Thanks for those two suggestions! @Pertinax, Well right now I am more interested in modern coins. I however do want to add at one point an elephant denarius but for now my focus is only modern coins. @Dominic thats a pretty interesting point you make regarding if I had to part with it and it being hard to unload. I know thats been a common theme from some other members here on this thread. Thats also a good suggestion you make that a series with a smaller size makes it easier to keep collecting, instead of almost 3K a pop, which is a very good point lol. thank you for bring that suggestion to my attention. I still like this coin... but now after reading this thread and looking around, I still want it. However, at this point, I dont want to give the full RCM price for it, especially after seeing GateWest offering a better price than most dealers. In fact, I would rather be patient and stalk and wait to see what comes up on ebay... I'll keep you guys posted on what I find and do, in the mean time I am throwing some other ideas around of other gold coins to perhaps look at in case this coin becomes hard to get and while I wait for the price I want to pay.
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Pillar of the Community
Canada
1751 Posts |
@ yup, I was just reading on another Canadian coin forum. A German dealer who posts often and is highly respectable has links to his webstore. I was browsing and saw your gold bison coin for $1850 euro's, now I don't know what the conversion rate is? It may be something to consider. I've ordered from Germany and my coins arrive within 10 days. Good luck on your search!!
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Pillar of the Community
Canada
6768 Posts |
Quote: 1850 euro's, According to Google converter, it is 2679.47 Canadian Dollar. Almost the issue. But, worth to check and contact him, might be he can remove some taxes, that applicable to Europe or Germany.
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Replies: 22 / Views: 5,294 |