| Author |
 Replies: 18 / Views: 7,153 |
|
Forum Dad
 United States
24174 Posts |
 The following is a press release from the Royal Canadian MintRoyal Canadian Mint Ends 2014 With Sold-Out Bald Eagle Silver Bullion Coin And Security-Enhanced Gold Maple LeafAs it continues to experience robust demand for its silver bullion products, the Royal Canadian Mint is pleased to announce the sell-out of all one million of the Royal Canadian Mint's Bald Eagle coins, from the new Canadian Birds of Prey 99.99% pure silver bullion coin series. The Mint is also demonstrating its sustained leadership of the gold bullion coin market by introducing a dramatic security enhancement to its 2015 Gold Maple Leaf (GML) bullion coin. "While our flagship Silver Maple Leaf bullion product continues to elicit strong customer interest, the rapid sell-out of one million Bald Eagle silver bullion coins is compelling evidence of the popular appeal of our Canadian Birds of Prey silver bullion program, of which the final two coins will be launched in 2015," said Marc Brûlé, Interim President and CEO of the Royal Canadian Mint. "The Mint also looks forward to strengthening its leadership of the gold bullion coin market in the coming year by introducing a dramatic radial line finish on its 2015 Gold Maple Leaf bullion coins, which is sure to make them stand out as both the purest and securest gold bullion coins in the world." Since recently adding a micro-engraved laser mark to the GML, the Mint has replaced the coin's traditional bullion finish for 2015 with an eye-catching array of precisely machined lines radiating from the coin's central maple leaf design at a width and pitch which creates a light-diffracting pattern. This same complex finish has also been applied to the Silver Maple Leaf bullion coin since 2014. The combination of this unique feature with a laser micro-engraving of a textured maple leaf incorporating the numeral "15" to denote the coin's year of issue, firmly places the GML at the pinnacle of gold bullion coin security, in addition to being the world's first 99.99% pure gold bullion coin. The 2015 Gold Maple Leaf bullion coin is now available throughout the Mint's network of official bullion distributors. The third coin in the Canadian Bird of Prey silver bullion series will be unveiled at the end of January 2015 at the World Money Fair in Berlin, Germany. In keeping with a distribution model common to the world's major issuers of bullion coins, the Mint does not sell bullion directly to the public. Interested buyers are encouraged to contact a reputable bullion dealer to order Royal Canadian Mint bullion coins.
|
|
|
|
Pillar of the Community
 Canada
2360 Posts |
Glad I picked one up then.
Sold out bullion, 1,000,000 Eagles.
Edited by SilverDon
12/16/2014 10:42 pm
|
|
Pillar of the Community
Canada
1751 Posts |
I have 7 of each design and I'm very happy with them. So far no dreaded milk spots !! I wonder what the next two designs are? I'm also curious how they can determine a sell out on these coins? Does this mean Canadian dealers are out of these coins? Interesting on how fast the eagles went. It attests to the strong design.
I also own both 1 Oz proof version of these bullion coins in their numismatic counterparts. They are equally beautiful and stunning coins. I do like the idea of having a proof numis coin to go with the bullion. It just adds the something extra special to the set.
Edited by pocket change 50
12/17/2014 08:19 am
|
|
Pillar of the Community
Canada
6768 Posts |
Quote:
I have 7 of each design and I'm very happy with them. So far no dreaded milk spots !! In the far 2013 when the 1oz Bullion Antelope released, I heard rumors, that " RCM resolved milk spots" issue. But of cause, not. Since for them, it isn't an issue at all. The "milkman" arrived again, and the spots are coming to the Eagle as well: (the picture is not mine, borrowed from ebay):  |
|
Pillar of the Community
Canada
1823 Posts |
Just ordered 10 of them Mint Sealed (THERMOTRON) less chance of getting milk spots.  Edited by yingyang
12/18/2014 2:02 pm
|
|
Pillar of the Community
Canada
6768 Posts |
Quote:
Just ordered 10 of them Mint Sealed (THERMOTRON) less chance of getting milk spots. I would agree, the chance is less, but: mine Grizzly in the "Thermotron" has been covered with the spots (not many) as well. The more durable (as per now) - the "Antelope" and "Bison" in the airtites - no milk spots at all. |
|
Pillar of the Community
Canada
6768 Posts |
As per my taste, the best Bullion Bald Eagle has been struck by Perth Mint (I think commissioned by GovMint) Really nice pieces... |
|
Pillar of the Community
Canada
2019 Posts |
Thats one UGLY MILK spot lol, I didnt remove my silver maples and antlopes to look , maybe better off not knowing, unless some day if silver goes up I might sell some singles on ebay or some such thing. but if silver keeps going down they will remain in their tubes most likly. |
|
Pillar of the Community
United States
1037 Posts |
I happy I picked 3 of these Bald Eagles. Does anyone know the mintage of the 2014 Canadian Silver Peregrine Falcon?
|
|
Pillar of the Community
Canada
814 Posts |
Heres my falcon. Noticed the eagle starting to milk also. I had a set of 5 each but when I saw the milk spots I sold 4 of each to just have a set of 1  |
|
Pillar of the Community
United States
3789 Posts |
This is why no one should buy slabbed bullion coins with grades, even if you dont have milk spots on them, they will get them sooner or later.
I made the mistake of getting some graded slabbed bullion coins,,,, thinking it wouldnt happen or guarantee it wouldn't have them... but mistake. I ordered a couple graded slabs from modern coin mart, and the maples, even tho they were slabbed 69, they came to me with milk spots. I had a MS 70 Somalian elephant sold to me with milk spots.
Bottomline- dont pay for graded slabs because they will either be sold to you with milk spots or will get them and then you will have to sell for less than what you paid for if you do sell.
In the end, as these Eagle bullion coins show, they too will suffer from milk spots, so if you collect, dont pay up for slabs, just get it as it and remember you will get milk spots.
|
|
Pillar of the Community
Canada
815 Posts |
100% of all silver maple leaf coins produced will eventually develop milk spots, so don't delude yourself. RCM Bullion is literally toxic, since buyers will treat milk spotted maples as generic rounds, as opposed the premium piece it is supposed to be, and is priced at. US Eagles, Austrian Philharmonics, and British Britannias are MUCH safer investments, and have MUCH lower mintages. Edited by Anjohl
12/30/2014 12:14 am
|
|
Pillar of the Community
Canada
6768 Posts |
Quote:
US Eagles, Austrian Philharmonics, and British Britannias are MUCH safer investments, and have MUCH lower mintages. Unfortunately, on the all above I saw milk spots or whitish areas. Yes, much more rare, but still...."2012 Britannia" from RCM F15 (luckily I replaced them for Proofs) had milk spots. The single bullion coins, that I never never saw the milk spots - Australian Kookaburra, Koala and Zodiac coins. Rwanda - might be too, but I haven't had much of them. |
|
Pillar of the Community
Canada
2360 Posts |
Somali Elephants are especially prone.
1.5 ounce Polar bear.
None on the Lunar Series Privy marked SML's from 2012 to 2014.
Dragon, Snake, Horse, Satin finish on these coins, not linen.
Early days yet, here's hoping that a different technique was used.
Is it the detergent drying on planchets from the wash cycle? Jetdry?
|
|
Pillar of the Community
United States
3789 Posts |
Actually ALL bullion coins are prone to milk spots. Maple leafs have just as much milk spots and Somalian coins, and guess what, Rwanda african wild life series also have milk spots; I have several with milk spots.
I repeat myself again to anyone who reads this, do not buy slabbed bullion coins as the grade will become useless and mean nothing when the milk spots appear.
|
|
Pillar of the Community
Canada
2019 Posts |
Quote:
I repeat myself again to anyone who reads this, do not buy slabbed bullion coins as the grade will become useless and mean nothing when the milk spots appear.  Yep complete waste of your money. But some people are making good money selling Slabbed Bullion or atleast they were...  buyer beware I guess. There are quite a few articles about grading/slabbing bullion coins on the web if people are interested so I wont bother posting any. |
| |
Replies: 18 / Views: 7,153 |
Posted 12/17/2014 08:13 am
