Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

2016 S$5 Canada MS-70 Maple Leafs

To participate in the forum you must log in or register.
Author Previous TopicReplies: 21 / Views: 4,869Next Topic
Page: of 2
Pillar of the Community
Canada
5324 Posts
 Posted 01/03/2016  3:27 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Totally disagree if the other major mints in the world can in the most of time create blemish free bullion coins why can not the RCM, just pride alone should drive them to prevent this issue. Arrogant passive to complaints leads to many large corporations going bankrupt, although this can not happen to RCM it has started layoffs.
Edited by john100
01/03/2016 3:28 pm
Pillar of the Community
pocket change 50's Avatar
Canada
1751 Posts
 Posted 01/03/2016  4:26 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
John is correct, take the time to do it right! Other mints Too me it is wasting a good design on a mediocre product. The RCM is always boasting how its the best. They should up hold that reputation, instead their bullion has a reputation world wide for milk spots. This is causing many collectors to stay away. I read on a number of bullion board and the spots are always raised, when talking about Canadian bullion. Lets face it the mint has gotten plain greedy.
Pillar of the Community
Pokermandude's Avatar
Canada
1192 Posts
 Posted 01/03/2016  6:43 pm  Show Profile   Bookmark this reply Add Pokermandude to your friends list Get a Link to this Reply
The bullion coin - collector coin spectrum has piece as all points.

Currently, you can buy generic 1 oz silver rounds for around $22-23 CDN, 1 oz maples for around $24. These are the bullion end, mass produced in the tens of millions.

As you get into the semi-collectible, lower mintage coins such as Mexican Libertads, British Britannias, Chinese Pandas, Australian Kookaburras, you get a higher quality coin (generally no milk spots), but it will cost $26-40 per coin. These are produced more slowly and carefully, hence the extra premium over the intrinsic metal value. Even Pandas at 8 million produced per year cost upward of $30 each. 3 or more times the premium of silver maples.

Getting into the full on collector coins at $50+ per ounce, they will look pretty and rarely if ever get milk spots.
Pillar of the Community
Canada
5324 Posts
 Posted 01/03/2016  7:02 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
The Sunshine mint creates the gold planchets for US mint probably most of the silver ones too rarely hear about milk issues. The RCM should send their rinse expert to do some fact finding tours and correct the simple problem or simply out source like the US mint. All the private bullion wafer or rounds producer with the lowest premiums do not have milk spot issues.
Pillar of the Community
Solidifier's Avatar
Canada
814 Posts
 Posted 01/03/2016  8:39 pm  Show Profile   Bookmark this reply Add Solidifier to your friends list Get a Link to this Reply
I have US bullion coins with milk spots, it just seems to happen....but especially with RCM coins
Pillar of the Community
pocket change 50's Avatar
Canada
1751 Posts
 Posted 01/03/2016  10:49 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
Wow never heard talk of US bullion with the dreaded spots, are they the eagles or something else. Usually the other countries are pretty smug about not being plagued with spots.
  Previous TopicReplies: 21 / Views: 4,869Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.24 seconds to rattle this change. Forums