Most Overproduced Collector Coins? - Page 2

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Author	Replies: 21 / Views: 4,792	Page: of 2

ace_ftw Pillar of the Community Canada 1747 Posts	Posted 04/20/2016 4:46 pm ok, I think the OP was not intending this to spiral down a rabit hole. I think silverwolf, you may have painted a wrong color picture on what hepcat was saying. I believe his intention was to say that he would expect the dealer to LOWER his premium (over spot) not specifically discount the coins lower than spot. I would suggest that this would be a smart business idea, if the owner needed to move product. However Hepcat, please be conscious that business owners keep the doors open with said profit. Please lets move on from this debate. Report this Post to the Staff
SilverDon Pillar of the Community Canada 2360 Posts	Posted 04/20/2016 4:56 pm Back to the topic at hand; The 2012 Year of the Dragon 1/2 ounce Silver Coin is always available at a discount. Mintage 588,888 so high, near the mintages of the Silver Dollars of the 1970's. Report this Post to the Staff
DBM Pillar of the Community Canada 9865 Posts	Posted 04/21/2016 10:06 pm The title says it all. Most collector coins are overproduced. "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 04/21/2016 10:26 pm Well, there are two sides of a coin (until the mint decides to strike a ball, a cube or something else). One side is "Mintage" and the other is "Price". There's an optimum balance which is gauged differently by collectors, flippers, investors, etc. Depending on where you stand, "overproducing" may not mean anything. That said, Montreal Olympic coins were the ultimate overproduced coins - ever, IMO. Report this Post to the Staff
kbbpll Pillar of the Community United States 4233 Posts	Posted 04/25/2016 12:31 am My personal favorite was the 1971-S Eisenhower proof dollar. Your said "or the US", right? Quote: In the fall of 1971 collectors eagerly anticipated delivery of their silver-clad Proof Eisenhower dollars from the US Mint. Each buyer had paid a whopping $10 per coin, a figure that was quite controversial at the time and is hard to translate into 2013 dollars. Even so, the Mint sold more than four million of the 1971-S silver-clad Proofs, and recipients were pleased with both the coins and their attractive packaging. That $10 figure was indeed "quite controversial" with my parents, but my brother and I each spent our lawn-mowing money and got one. For inflation reference, we got $5 to mow an acre lawn back then. Today, you can still get a 1971 Ike brown-box on ebay for $10. Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 04/29/2016 6:53 pm Quote: Today, you can still get a 1971 Ike brown-box on ebay for $10. That's hard to swallow... considering that $10 in 1971 represents $58 in buying power today... Report this Post to the Staff
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