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 Replies: 19 / Views: 4,447 |
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CCF Master Historian of USA Commemoratives
 United States
12252 Posts |
I just read on the Mint's web site that it will not be producing a Brilliant Uncirculated version of the annual commemorative silver dollar in 2016 - just an individual Proof coin and a selectively gold-plated version as part of the 2016 Pure Silver Proof set. The RCM has issued an annual BU commemorative silver dollar since 1981 - a span of 35 years. While it's true that the BU version did not sell as well as the Proof version each year and that its sales volume has dropped recently, it still sold in excess of 10,000 units each year. With a sales volume that exceeds many of its other coins, it's surprising to me that the Mint dropped the BU coin from its annual roster. I wonder if it is a permanent move or a one-year test? Maybe it's a sign that the RCM actually is looking to release fewer coins in 2016. I would have preferred it dropped one of its many novelty coins, however, rather than one of its long-term staples that appeals to its more traditional collectors. PS While on the RCM site, I also completed my annual collecting ritual and placed my order for the Proof SD and Silver Proof Set. Just had to do it! Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
2408 Posts |
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Pillar of the Community
Canada
814 Posts |
RCM just has to ruin everything don't they......I prefer the BU silver dollars and have been collecting the BU silver dollars since day one.......boo on them....complete turn off for me...considering stopping all my RCM purchases all together now. They have no idea what people actually collect
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Pillar of the Community
Canada
2366 Posts |
Bummer. One of the few I'm still collecting.  |
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Pillar of the Community
Canada
6767 Posts |
Same as you guys, do not understand, while Mint have decided to discontinue (at least for this year) it's "signature" item. Hope it comes along with reducing amount of other issues, that RCM used to pump out recent years. Together with this, look on it from the opposite side: why not to have set of limited amount (35 coins?), instead of never ending series? Let's say BU is over - switch to the Gilded as addition to the Proofs. |
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Pillar of the Community
 Canada
2360 Posts |
BU dollars usually had a smaller mintage than their Proof cousins.
Something about the brilliant elements on brilliant fields that appeals.
It was likely that sales of BU dollars are sinking and they can use that
silver for X for X coins, which seem to be the NCLT growth area.
Proof Fine Silver Dollar - 50th Anniversary of the Canadian Flag (2015) - Mintage 20,000
Brilliant Fine Silver Dollar - 50th Anniversary of the Canadian Flag (2015) - Mintage 15,000
Proof Fine Silver Dollar - 100th Anniversary of the Declaration of the First World War (2014) - Mintage 40,000
Brilliant Fine Silver Dollar - 100th Anniversary of the Declaration of the First World War (2014) - Mintage 20,000
200th Anniversary of the War of 1812 - Proof Fine Silver Dollar Coin (2012) - Mintage 40,000
Brilliant Fine Silver Dollar - 200th anniversary of the War of 1812 (2012) - Mintage 25,000
(80% of mintage sold before archived)
I bought the BU 2012-1812 in September 2014 for $19.95
full clamshell, coa, beauty box, in the Sept Blow-out
sale at CA, good deal for a $54.95 coin (36% of issue).
Commems previously posted a chart showing
the mintages slowly being reduced for the silver dollar
series over time in another thread. I believe they have
effectively phased out the Brilliant and are really
reducing the mintage of the proofs as well.
Maybe a good thing.
Edited by SilverDon
12/22/2015 5:07 pm
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Pillar of the Community
Canada
6767 Posts |
Quote:The RCM has issued an annual BU commemorative silver dollar since 1981 - a span of 35 years. @Commems: But there were BU Commemorative Silver Dollars prior 1981, as example 1876-1976 posted by Canadian Coins. Could it mean that the 2015 BU being last one, will be sought by collectors and loaded up by "collectors"? |
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CCF Master Historian of USA Commemoratives
 United States
12252 Posts |
Quote:
@Commems:
But there were BU Commemorative Silver Dollars prior 1981, as example 1876-1976 posted by Canadian Coins. The 1971 through 1980 commemorative silver dollars were classified by the RCM as being "Specimen" strikes not BU - all of canadian_coins fantastic images are of Specimen SDs not BU coins. BU coins officially began in 1981, the same year proof SDs first became available from the RCM. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Bedrock of the Community
Australia
21786 Posts |
I hope that there is someone in the RCM who reads this site, at least once per week. The CCF is where they will find the collectors of RCM coins and so this is where they should look at their market for market directions. We look at their site! You get a sale when there is an agreement between buyer and seller. This also applies to the Canadian collectors here who may, or may not, want a continuation of silver dollars. |
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Pillar of the Community
Canada
6767 Posts |
Thanks a lot, Commems, for the clarification.
Do you guys, keep the Silver Dollar of your year of birth? not as part of the SD collection, but in separate, as "your" silver lucky coin?
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Pillar of the Community
Canada
2360 Posts |
I have a year of birth Prooflike set in pliofilm, a business strike and a few others. Issue price for a set in '63 was $3.00. They made 673,006 PL sets and another 291,000 PL dollars sold for $1.25 each. They minted over 4 million business strikes so you can get these fairly cheaply -$25.  Edited by SilverDon
12/23/2015 9:27 pm
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Pillar of the Community
Canada
6767 Posts |
Amazing coin, Silver Don.
This is the PL, right?
The relief is great.
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Pillar of the Community
Canada
2360 Posts |
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CCF Master Historian of USA Commemoratives
United States
12252 Posts |
Quote:
Do you guys, keep the Silver Dollar of your year of birth? Yes, I have a P/L set with the SD from my birth year. It's part of my overall SD collection. Quote:
I believe they have effectively phased out the Brilliant and are really reducing the mintage of the proofs as well. True, and I fully recognize that it's because of lower sales of the coins in recent years - the RCM is trying to match its mintage limits with projected sales as close as they can. It still disappoints me, however, to see them discontinue one of their traditional coins that still enjoys annual sales in excess of 10K. If they are truly trying to reduce the number of 2016 issues, there had to have been many other coin themes that could have been cut without anyone even noticing. Quote:
My guess is this finish is more difficult to produce because any imperfection will be noticed with the naked eye whereas (modern) Proof coins with heavy frost can hide defects that would other wise be noticed on the surfaces which is the area of greater die stress. Interesting perspective. I've always found that marks on proof coins "jumped out" at me more than they did on BU coins. Everybody has different eyes when it comes to their coins! Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
2408 Posts |
@commems, I meant to say that the shiny relief (not the surface) is more difficult to produce than a frosted proof relief. Any Die Deterioration gets lost in the noise, whereas this would be easily picked up on a brilliant relief. I agree with you that a Proof "surface" is the ultimate and any defect will pop out. I'd say the same can be said for the BU dollars. However, I don't have any more of those in my collection to compare... One other thing to consider is the mint makes more profit for the same amount of silver - with little more effort. Edited by canadian_coins
12/24/2015 6:41 pm
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Pillar of the Community
Canada
2360 Posts |
The neat thing about the BU dollars was the basic packaging and glossy brilliant luster. Hard to photo, I had to make a shadow. Sorry for the crop job. I have 4 from the 80's and here are some pics.     BU  Proof  BU  Proof  Edited by SilverDon
12/25/2015 8:32 pm
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Replies: 19 / Views: 4,447 |
Posted 12/22/2015 09:35 am
