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Lowered Mintage! Only 12,500 Proof Sets - 2016 150th Anniversary Of The Transatlantic Cable

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CCFPress's Avatar
United States
1420 Posts
 Posted 04/11/2016  1:10 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
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lucv13's Avatar
Canada
413 Posts
 Posted 04/18/2016  12:52 am  Show Profile   Bookmark this reply Add lucv13 to your friends list Get a Link to this Reply
Liking the coloured SD and since this will be the only way to get the proof non silver Loonie and Twoonie - my order is in
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 04/18/2016  09:27 am  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply
Nice set, I see people selling singles from the set on ebay already. I may order a few sets. undecided atm though.
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Canada
6768 Posts
 Posted 04/18/2016  09:52 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
I may order a few sets. undecided atm though.


"Few of them" you might decide not to order.
But if you really like the SD - yes, good buy.

Singles - as well probably better to get from ebay, not to buy entire set just to get couple of proofs.
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Pixu's Avatar
Switzerland
144 Posts
 Posted 04/18/2016  10:53 am  Show Profile   Bookmark this reply Add Pixu to your friends list Get a Link to this Reply

Quote:
Singles - as well probably better to get from eBay


@Silveroid - how are you sure to get the real coin from ebay and not a copy? I guess here it is easier but if the SD is the same just how can you be sure not get a "normal" SD with some 3rd party gold plating?

There is no certificate... nothing
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Canada
6768 Posts
 Posted 04/18/2016  11:05 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Sorry, Pixu, I not sure, that understood the concern.

But, just yesterday, browsed the ebay, and found some nice "single" coins from this set, while they graded and slab mentioned where are they from. Since I've seen them at the reputable dealer ebay store (e_coins), so they not fakes...

But if you want this SD only, in this case I would recommend to buy the set (cause the sellers anyway will ask full set price), another option - again to find it graded - depends on the budget.

**Correction:
The graded 2016 Proof coins that E_COINS has right now, they are from the Silver Annual set (with Gilded SD), and not the Proof set from the April release...but it will come sooner or later.
Edited by Silveroid
04/18/2016 11:14 am
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Alex A's Avatar
710 Posts
 Posted 04/18/2016  11:27 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
Silveroid, can you post the link? Thanks!
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Canada
6768 Posts
 Posted 04/18/2016  11:40 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
Silveroid, can you post the link? Thanks!


Sure.
As per my correction - these coins from the 2016 Silver Proof set with the Gilded Silver Dollar.

Silver Dollar:
http://www.ebay.ca/itm/2016-CANADA-...391389803945

Loonie:
http://www.ebay.ca/itm/2016-CANADA-...391389812603

50 cents:
http://www.ebay.ca/itm/2016-CANADA-...361494721532

etc....

these are PF70 and First Release, so the seller set very high price. The label is great - identify, where the coins came from.
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Alex A's Avatar
710 Posts
 Posted 04/18/2016  11:47 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
Thanks. Yes I agree, that label is great, I wish all TPGs would follow this example.
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 04/18/2016  1:29 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
@Silveroid - how are you sure to get the real coin from ebay and not a copy? I guess here it is easier but if the SD is the same just how can you be sure not get a "normal" SD with some 3rd party gold plating?

There is no certificate... nothing


Buy them from reputable coin dealers or Coin sellers with a good reputation ( feed back etc) on ebay with good return policies.

I know Angus coins on ebay splits the sets and sells them, I actually bought a few from them before.

I sometimes sell a few split up sets but only once in a blue moon sort of thing.

But really, $99 CA isn't a lot and then you have the whole set,complete with CoA etc but its when sets cost $200 plus then I can see buying one or two of the coins separately.

Plus Angus always has auctions running on these singles from sets as do other sellers, sometimes you can get a good deal on one.

One thing though, these coins are always better left in there set/holder etc, when a set is split up the coins risk getting touched/scratched/ dirty what have you. If you have ever tried to remove a coin from these holders you will know what I am talking about...
Edited by Northerncoins
04/18/2016 1:49 pm
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Canada
2845 Posts
 Posted 04/18/2016  1:52 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
I'm surprised this year that the mintage was cut to 12500 from 20000 last year, although it might be only that many were sold. But that's quite a significant reduction year over year, especially when considering this SD is significantly unique in appearance.

For that reason I also ordered a set, don't want to wait and then end up paying more on the secondary market.
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 04/18/2016  2:00 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
don't want to wait and then end up paying more on the secondary market.


I don't think that will happen, even at 12k its still quite high, BUT it might be just right too lol, interesting year from the RCM with many lower mintages.

I could think of worst places to put $99 ...
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Canada
2845 Posts
 Posted 04/18/2016  5:47 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

I don't think that will happen.....



Probably not, but comparing the current "good" price to the original issue price of some of the past Special Edition single silver dollars........on the buying end of things.......ouch, ouch!

Meanwhile for years and years I have faithfully bought only proof sets, with the intent to "some day" complete a SD collection. What was I thinking?

Therefore my new motto has become that of RCM "Buy Now!"
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Alex A's Avatar
710 Posts
 Posted 04/19/2016  11:48 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
it is unlikely. At a coin show a few months ago there were tons of recent proof sets for sale.

This SD is a nice coin. I bet the RCM would sell a lot more in individual clamshells rather than resorting to packaging gimmicks.
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Canada
6768 Posts
 Posted 04/19/2016  12:11 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
This SD is a nice coin. I bet the RCM would sell a lot more in individual clamshells rather than resorting to packaging gimmicks.


Smart tactics for RCM could be to issue limited mintage sets (3K-5K for example), and after it, when the sets will be sold-out, to issue individual coin (the SD).
This was done for 1935 - 2010 and 1911 - 2011 sets....and looks like everyone is happy. The sets keeping their value, and collectors, who didn't want to overpay for set - enjoy the individual affordable Silver Dollar.
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Alex A's Avatar
710 Posts
 Posted 04/19/2016  12:17 pm  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
Yes good suggestion. That would be a win-win!
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