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New 5 Kilo Coin

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ace_ftw's Avatar
Canada
1747 Posts
 Posted 09/16/2014  12:02 pm Show Profile   Bookmark this topic Add ace_ftw to your friends list Get a Link to this Message Number of Subscribers
I received an email this morning from my rep, there is a new kilo coin. This time the mintage has gone up 50%, there are now 150 being minted up from the original 100.

This is an image is of the National Aboriginal Veterans Monument, located in Ottawa's Confederation Park.

I own the original, "the Spirit of Haida Gwaii" an the coin (term used lightly) is amazing.

However they have increased the cost $10,500, and the mintage (150).

I believe that the Emily Carr totems is still available, so I was surprised to hear about this one.
Pillar of the Community
Canada
6768 Posts
 Posted 09/16/2014  12:15 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
I believe that the Emily Carr totems is still available, so I was surprised to hear about this one.


They do available and silver one is great.
This looks amazing....

And, what is nice to hear:
from the trusted source on another forum, that the more affordable, smaller coin will be available.
Interesting, how affordable will be: 5oz, 2oz or 1oz....let's see.
Pillar of the Community
Canada
6768 Posts
 Posted 09/16/2014  1:48 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Valued Member
Canada
373 Posts
 Posted 09/16/2014  3:39 pm  Show Profile   Bookmark this reply Add taro-chan to your friends list Get a Link to this Reply
Picked up 3. Just the item I was looking for.
Pillar of the Community
Canada
640 Posts
 Posted 09/16/2014  3:59 pm  Show Profile   Bookmark this reply Add justsilver to your friends list Get a Link to this Reply
Picked up 3.

5 kilo silver coin?

Total CAD$31,500?
Valued Member
yellowperch's Avatar
Canada
121 Posts
 Posted 09/16/2014  4:05 pm  Show Profile   Bookmark this reply Add yellowperch to your friends list Get a Link to this Reply
I also got the email from my rep. this is such a huge premium to bullion and it would seem this type of product is more likely to track bullion prices. It would be nice to have but I don't have the experience of knowing how the numismatic premium is maintained over time for coins like this. Seems like a very pricy novelty.
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 09/16/2014  4:16 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
Personally I consider it Art, not a coin. Being from Vancouver, I always see the sculpture that Bill Reid created, I had always said to myself if the mint ever made a coin with this on it, I would buy it.

Yes its silver, and has an intrinsic value, but also, only 99 other people in the entire world have one.
Valued Member
yellowperch's Avatar
Canada
121 Posts
 Posted 09/16/2014  4:21 pm  Show Profile   Bookmark this reply Add yellowperch to your friends list Get a Link to this Reply
It just seems like this product would be more susceptible to bullion prices. I suppose the 150 mintage introduces the rarity factor. I'd really have to love this as a coin/collectable to give $10K as a store of weatlh. I can get an awful lot of interesting and even rare coins for $10K.
Pillar of the Community
Canada
6768 Posts
 Posted 09/16/2014  4:24 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
Picked up 3. Just the item I was looking for.


Congrats, Taro !
I sure, that one out of 3 you will leave for the collection.
If to throw money on collectibles - this will be suitable item.
Valued Member
Canada
373 Posts
 Posted 09/16/2014  4:53 pm  Show Profile   Bookmark this reply Add taro-chan to your friends list Get a Link to this Reply
lol you guys are funny. I am going stack them and use them as a foot stool.
Edited by taro-chan
09/16/2014 4:56 pm
Pillar of the Community
Canada
6768 Posts
 Posted 09/16/2014  4:56 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
lol you guys are funny. I am going stack them as use them as a foot stool.


Now I got it....man, wish you really did buy the one and posted a picture "in hands"

....but I inspired by Gwako's post about affordable version and will wait for it.
Rest in Peace
Dcadon's Avatar
Canada
1360 Posts
 Posted 09/16/2014  5:01 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
I asked about a more affordable version. My rep had no information on that... then again, it could just be a secret until the 'big reveal'. I hope so. At the same time, I also hope it's not something like 50,000 of them on a 50/4/50 coin, but but a nice low mintage of 2,000 or less, but in the $100 to $200 range.
Pillar of the Community
Canada
6768 Posts
 Posted 09/16/2014  5:22 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
At the same time, I also hope it's not something like 50,000 of them on a 50/4/50 coin, but but a nice low mintage of 2,000 or less, but in the $100 to $200 range.


Agree, here.
IMO 50for50, 100for100 (except the Eagle) have not exactly appealing finish / design execution. And too many.

The Mintage less than 2000, according to Mint latest products, will be available for 5oz coin (Mintage 1.500) and priced $500-$550 - so this is also not the case that I'll buy the coin.

But 1oz or 2oz with mintage 6.000 and less, and priced $100 - $200 very possible scenario.
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SilverDon's Avatar
Canada
2360 Posts
 Posted 09/16/2014  8:54 pm  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
You could buy a monster box of 500 Silver Maple Leaf coins for that price, would make a nice ottoman.
Pillar of the Community
Canada
871 Posts
 Posted 09/16/2014  10:41 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
I'm still waiting to win the lottery before I go out and buy one. At that point, the price of bullion vs numismatic won't matter. Jk
New Member
Germany
26 Posts
 Posted 09/17/2014  04:59 am  Show Profile   Bookmark this reply Add MUDA to your friends list Get a Link to this Reply
Will be a 2 oz with mintage of 5k
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