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Most Overproduced Collector Coins?

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ace_ftw's Avatar
Canada
1747 Posts
 Posted 04/20/2016  4:46 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
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.
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SilverDon's Avatar
Canada
2360 Posts
 Posted 04/20/2016  4:56 pm  Show Profile   Bookmark this reply Add SilverDon to your friends list Get a Link to this Reply
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.

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Canada
9865 Posts
 Posted 04/21/2016  10:06 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
The title says it all.
Most collector coins are overproduced.
"Dipping" is not considered cleaning...
-from PCGS website
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canadian_coins's Avatar
United States
2408 Posts
 Posted 04/21/2016  10:26 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
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.


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kbbpll's Avatar
United States
4233 Posts
 Posted 04/25/2016  12:31 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
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.
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canadian_coins's Avatar
United States
2408 Posts
 Posted 04/29/2016  6:53 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply

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...

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