I received my notice today from my rep at work. I showed the Ukrainian coin to my colleague and he asked me to order one for his parents. He said it was always a big part of their culture growing up and he is going to give it to his parents. He was really excited about it. If you're Ukrainian, this coin definitely has a special place it seems.
@ Silveroid, according to my rep, the mint is discontinuing the Cupro nickel coins. I don't understand this as it is affordable for entry level collectors. I don't know what reasonably priced coins they can replace these with. I love my Birds of Canada set. Maybe this why we have so many xforx coins.
As a Ukrainian I will be interested to see this egg coin, better time would be for Easter release. Time to send 1 to the mayor of Vegreville, home of the giant Pysanka. It is a huge tourist attraction.
Getting rid of the Cupro nickel coins should be no problem since the price of silver is so low. They could replace it with 1/4 silver like this $8 dollar dragon coin and still make it affordable.
I am referring to nclt coins, like GITD dinos, counterpart to Venetian glass creatures, notice there wasn't one for the glass turtle, or the last 2 Lost ships. I hadn't even noticed until he pointed this out. I don't buy these coins. I wonder if this means no more lenticular coins as well. I should ask. Its part of the mint reducing its offerings. I wonder how many of these coins were minted yearly and their sold mintages. I guess the new cheap coins default to FV coins. It would explain the kid friendly themes.
Quote: I received my notice today from my rep at work. I showed the Ukrainian coin to my colleague and he asked me to order one for his parents. He said it was always a big part of their culture growing up and he is going to give it to his parents. He was really excited about it. If you're Ukrainian, this coin definitely has a special place it seems.
I agree. Some see this coin as just another RCM offering that will tank in a few months, like the rest. If you look at the history of these eggs you will learn that there are millions of Eastern Europeans from several countries who will cherish this "pysanka." The COA will state the 125th anniversary of Ukrainian settlement in Canada, but I believe the coin itself will appeal to several other Eastern Europeans, as well. I wouldn't be surprised if it creates excitement when it hits the European market.
That's why I can't see this coin losing value like the rest of the recent RCM releases, but I also understand that anything can happen in this market.
Some scoffed at the Venetian Glass Ladybug, the Maple Leaf shaped coin, and a few others, and look at how they've maintained their value. The bottom line is that our opinions really don't matter. The market will determine which coins turn out to be actual "investments."
I understand your statements about community and parents and people in Europe, for them this is the part of the culture. But think from the "practical" point of view:
Being Canadians, how many of you rushed to buy "unique" rectangular shaped Canada Flag coin from RCM (CAD 149?)
So the Ukrainian collectors / public will jump on the 1-2oz silver stuff for CAD 149? I very doubtful here.
There are 5 million Chinese Canadians, yet not all them are rushing out to buy Lunar New Year coins from the RCM. The Lunar New Year coins rarely sell out.
The Ukraine community is much smaller than the Chinese community so I hardly think they will make a difference in egg coin sales.
I think $115 for the Ukrainian Pysanka is affordable for most East European coin collectors. That's just my opinion, of course, and I'm sticking to it until I'm proven wrong, in which case I will eat the coin.
Quote: The Ukraine community is much smaller than the Chinese community so I hardly think they will make a difference in egg coin sales.
I was considering the European market for this coin, not the Canadian market. My "bet" is that Pela coins and other European dealers will have more success.
I think $115 for the Ukrainian Pysanka is affordable for most East European coin collectors. That's just my opinion, of course, and I'm sticking to it until I'm proven wrong, in which case I will eat the coin.
My first thought was the Vegteville largest Ukraniun egg as well. This coin indeed is a unique item to give as a gift to those of Ukraniun ancestry.
As far being widely popular, I have my doubts. But if you're right I suspect this would only be the beginning and next to come will be coins in the shape of Dutch wooden shoes, Scottish kilts, and round plates of Italian spaghetti.....
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