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The RCM In 1995

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CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12283 Posts
 Posted 03/03/2015  08:09 am Show Profile   Bookmark this topic Add commems to your friends list Get a Link to this Message Number of Subscribers
Many of us have commented on the extreme number of new releases currently being churned out by the RCM. I thought it would be interesting to compare its 2015 plan for 300+ new coins to its "Collector Coin" output in 1995.

Here's the list of non-circulating issue released by the RCM in 1995:

1. Atlantic Puffin, 50-cent, 0.925 silver
2. Whooping Crane, 50-cent, 0.925 silver
3. Gray Jay, 50-cent, 0.925 silver
4. White-tailed Ptarmigans, 50-cent, 0.925 silver

Above coins were issued as either a two-piece set (1&2, 3&4) or as a four-piece set. They were Year 1 issues of five-year "Discovering Nature" series.

5. 325th Anniversary of the Founding of Hudson's Bay Company, dollar, proof & BU, 0.925 silver
6. Peacekeeping/UN 50th Anniversary, dollar, proof, nickel/bronze

7. Fleet 60 Canuck, $20 coin, 0.925 silver (w/ 24 kt gold cameo)
8. DHC-1 Chipmunk, $20 coin, 0.925 silver (w/ 24 kt gold cameo)

Above two coins (7&8) were issued as part of "Canadian Aviation" series; they were the first coins of the second 10-coin set.

9. 275th Anniversary of Louisbourg, $100 coin, 0.583 gold/0.4167 silver
10. Sugar Bush , $200 coin, 0.916 gold/0.083 silver
11. Uncirculated Set, 6 coins (Loon dollar)
12. Specimen Set, 6 coins (Loon dollar)
13. Proof Set, 7 coins (Loon dollar + Hudson's Bay silver dollar)
14. Limited Edition Proof Set, 7 coins (Peacekeeping dollar + Hudson's Bay silver dollar)

15. Canada Lynx, $30 coin, 1/10th ounce 0.9995 platinum
16. Canada Lynx, $150 coin, 1/2 ounce 0.9995 platinum
17. Canada Lynx, Four-coin Set, $30-$75 (1/4 ounce)-$150-$300 (1 ounce) coins, 0.9995 platinum

And that would be it - for the entire year!

Things really have changed!


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Dcadon's Avatar
Canada
1360 Posts
 Posted 03/03/2015  10:52 am  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
Interesting comparison... What was nice was that not a single issue was over $700 at the time. the $200 gold (22 kt) being most expensive - if I remember was $649.

Another thing to remember - now that we have the 'fine' silver, and pure gold coins, we no longer pay taxes as we did back then (in Ontario anyway!)

Further, with the cheaper prices, it was a lot harder to become/remain a "master club" member.
Edited by Dcadon
03/03/2015 10:53 am
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ace_ftw's Avatar
Canada
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 Posted 03/03/2015  10:59 am  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
it would be an interesting note to figure out the costs compared to spot pricing back then to what they are charging now ($100 per ounce silver)
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commems's Avatar
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 Posted 03/03/2015  11:56 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@ace_ftw: Here's a bit of a comparison for the gold $100 coin:

The $100 Louisbourg coin issue price was $249.95 (CDN). It contains 7.776 grams of gold. The spot price of gold bounced around between $372 (USD) and $396 (USD) during the year - the average was $384 (USD).

Using the average spot price and the average exchange rate at the time: $1 CDN = $0.74 USD.

The melt value of the coin was about $56 (USD) or about $76 (CDN). At an issue price of $249.95 (CDN), the coin was sold at 329% of its melt value. (I'm ignoring the value of the small amount of silver in the coin for these calculations.)

In January 2015, the RCM released its $100 gold coin at an issue price of $599.95 (CDN). The coin remains 14 k gold, but now weighs just 12 grams vs. 1995's 13.34 grams. So, it now contains only 6.996 grams of gold.

The exchange rate at the time of its release was $1 CDN = $0.85 USD.

When the 2015 coin was released, gold was about $1,210 (USD) per ounce, so the coin had a melt value of $159 (USD) or $187 (CDN). At an issue price of $600 (CDN), its was released at 321% of it melt value. Not much different from 1995.


@Dcadon: The issue price for the $200 Sugar Bush coin was $399.95.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
03/03/2015 11:57 am
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arianzo's Avatar
Canada
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 Posted 03/03/2015  10:20 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
And what about mintages?
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Dcadon's Avatar
Canada
1360 Posts
 Posted 03/06/2015  1:08 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
Does anybody have the details from 2005? I'd be interested in the progression in the middle decade.
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McNickel's Avatar
Canada
261 Posts
 Posted 03/06/2015  6:08 pm  Show Profile   Bookmark this reply Add McNickel to your friends list Get a Link to this Reply

Quote:
Does anybody have the details from 2005?


I don't know the details but my guess would be around 50 +/- (not including boullion.) That's based on the coins I have, ones I know I don't have and adding a few for good measure.

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