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Replies: 12 / Views: 3,406 |
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Pillar of the Community
Canada
2019 Posts |
I was looking through the Mints 2013 annual report and saw the Allegory amounts. So it appears that only 661 gold Allegory's were sold out of 2000 mintage if I am reading this right. What happens to the rest, do they get melted down? I bought all 3 before they put them into a "set" but I guess the sets didn't sell very well either, Canada - - " An Allegory $3 Bronze Coin (2013) 10,810 Canada - - " An Allegory $25 Fine Silver Coin (2013) 5,503 Canada - - " An Allegory $25 Gold Coin (2013) 602 Canada - - " An Allegory 3-coin Set (2013) 59 http://www.mint.ca/store/dyn/PDFs/R...May_2014.pdfOh I thought I would add the 2013 gold superman mintage . 75th Anniversary of Superman™ with colour $75 14kt Gold Coin (2013) 1,995 What happened to the 5 coins? Oh heck why not throw in the world baseball classic 2013 coins as well. World Baseball Classic - - " Ball Diamond $75 Gold Coin (2013) 133 World Baseball Classic - - " Hardball $75 Gold Coin (2013) 121 World Baseball Classic - - " Celebrate $150 Gold Coin (2013) 129 World Baseball Classic - - " Fielder $20 Fine Silver Coin (2013) 866 World Baseball Classic - - " Hitter $20 Fine Silver Coin (2013) 1,405 World Baseball Classic - - " Pitcher $20 Fine Silver Coin (2013) 938 World Baseball Classic - - " Runner $20 Fine Silver Coin (2013) 864 Hmmm these baseball numbers seem low, maybe some sold in late 2012? and are not on this report. Nope I looked through the 2012 report and no world classic baseball coins. I bought the set of 4 silver from CCC a year or so ago when they had them for about $77 each on sale. I cant believe how low the actual mintage's ended up being.... Edited by Northerncoins 11/27/2014 9:46 pm
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Pillar of the Community
Canada
6768 Posts |
Thanks, Northerncoins...interesting to know I have the Silver Allegory, and with 5000+ it became low mintage coin. Well, will see not a few low mintage coins from 2014. Quote: What happened to the 5 coins? I can assume, that they have been returned as "damaged" and then destroyed, hence taken out from final mintage.
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CCF Master Historian of USA Commemoratives
 United States
12274 Posts |
Thanks for posting the numbers.
I seem to remember the baseball coins still being available for sale on the Mint's web site in early 2014.
If that was the case, we'll have to wait for this year's report to get the final sales figures.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems 11/28/2014 12:30 am
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Pillar of the Community
 Canada
2019 Posts |
Could be Commems but seeing that the coins came out in early 2013 I believe or maybe late 2012 I don't think they sold many more in 2014. But I see CCC has some left for issue price.
Edited by Northerncoins 11/28/2014 07:23 am
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Valued Member
Canada
116 Posts |
Sometimes a coin mintage spans 2 years and would be in 2 reports. I researched a set that had that happen, I think it was the farewell to the penny 5 coin set.
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Pillar of the Community
 Canada
2019 Posts |
Thats true Relic but if the coin came out in say early 2013 and had poor sales/ low mintage number in the 2013 report I don't think the numbers will improve much in the next years report, its when the coin comes out in say mid to late 2013 then the 2014 report would show alot more figures of said coin , so ya both 2013 and 2014 reports would need to be looked at for a reasonable assessment of the actual mintage figures. But as I said you can get a fairly close total mintage of early release poor sales coins with out having to wait for the next years report. Unless the Mint repackages them as "sets" and the set happen to sell well, but that hasn't been the case so far I believe ( the selling well part).
Edited by Northerncoins 11/28/2014 08:15 am
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CCF Master Historian of USA Commemoratives
 United States
12274 Posts |
@Northerncoins: Rest assured, I wasn't challenging your assertion of low sales figures for the WBC coins - I agree that they were a poor seller. (Even as a lifelong baseball fan, I didn't purchase any as I didn't find their designs attractive.) I was just commenting that since you did not find any sales numbers in the RCM Annual Report for 2012, you might need to check out the 2014 AR for final reconciliation of the numbers.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems 11/28/2014 11:02 am
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Pillar of the Community
Canada
1751 Posts |
Those coins were way over priced and I think that what led to the bad sales numbers. I remember seeing them on the coin show for $67 they had reduced them for 2 days. Even that didn't help those coins, they still have a bunch at the regular price. I think the other factor, we are more of a hockey then football nation. I'm not really sure where baseball stacks up. When I lived in Edmonton I was only a few blocks from the Edmonton trappers baseball park. Games were pretty popular, but they were a triple A league I think. Shortly before I moved they were sold and a smaller league was brought in as a replacement. Living now in small town Alberta hockey is the big thing and rodeo in summer.
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Bedrock of the Community
United States
10284 Posts |
I realize this is an old thread but I am seeing contradicting mintage figures specifically for this one. 2013 Allegory $25 Fine Silver Coin - is it 5,503 or 8,500 minted?
Reading the discussion above, was the total mintage updated to 8,500 after the mint report was printed? or Did they destroy returned or damaged ones and 5.503 is the final figure. Thank you.
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Pillar of the Community
568 Posts |
@TNG
I do have one and the serial number on mine is in fact 0785/ 8500
So yes there were 8500 minted. Weather they destroyed some or not, I still think that they would keep the original number minted as 8500. Example: The 1948 Canadian silver dollar has a mintage of 18,780. I can guarantee that many were melted down or destroyed or whatever, but the number minted will not change. I have one of those as well.
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CCF Master Historian of USA Commemoratives
 United States
12274 Posts |
@TNG: The 8,500 mintage figure listed on the RCM web site for the silver Allegory coin represents the maximum number of coins it would strike if supported by sales. It does not necessarily represent the total number of coins the Mint actually struck. The RCM is known to produce coins in batches (i.e., portions of the total potential mintage) in parallel with sales and so as not to create an internal oversupply situation within its inventory. The 5,503 figure listed in the RCM's Annual Reports represents the number of coins it sold. The RCM may have produced a total of 6,000 coins or 7,500 or the full 8,500 maximum limit - this data is not published by the RCM. In most cases, the RCM prints up the entire run of COAs as it is far cheaper to print them in one batch vs. multiple batches as there is only one setup cost involved. As the numbers on COAs have no connection to the order in which coins are struck (they are randomly inserted into the coin boxes), it is very possible to receive a coin with a COA number that is higher than the total final sales volume. In fact, it happens regularly and had been discussed here in the past. In the past (5+ years ago), the RCM would destroy excess inventory after a coin had completed a twelve-month sales cycle. It has changed this policy in the past few years, as you can visit its web site and still purchase coins from as far back as 2014. As the Allegory coins are no longer available from the RCM, it would appear safe to say that it has not kept any coins above the 5,503 sales figure in inventory. Collectors are most interested in mintage figures that represent the total number of coins available to the marketplace, not potential maximums. As such, the final mintage for the silver Allegory would be correctly reported as 5,503 and not 8,500.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
568 Posts |
@commems
Nicely explained.
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Bedrock of the Community
United States
10284 Posts |
You guys are great for answering my question. A high quality pair of responses. I can go on believing that there are only 5,503 of these out there that sold and that is probably it. Thank you very much.  Here's an image of the coin I was referring to.  I do have a mint report book someplace that I bought just to acquire the gold and silver 2005 Victory 5 cent silver proof for my 5 cent set that was only available that way. That was inserted in the cover and still remains in a plastic bubble of some kind. I'll have to dig that out to look inside and learn a bit more about the mint reports. 
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Replies: 12 / Views: 3,406 |
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