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RCM New Release: 2016 Trans-Siberian Railway Egg Coin

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United States
1420 Posts
 Posted 11/17/2016  12:46 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
Royal Canadian Mint - To create the egg-shaped coin, the Mint of Poland used a specially created 6-element die to create the impeccable shape of the coin and was also able to adorn the coin with intricate relief images.

2016 Trans-Siberian Railway Egg Coin
RCM-New-Release:-2016-Trans-Siberian-Railway-Egg-Coin


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United States
35 Posts
 Posted 11/19/2016  10:07 pm  Show Profile   Bookmark this reply Add jaymiles7 to your friends list Get a Link to this Reply
Novice collector here. By novice I mean I buy what I like. A 25 cent coin, a $25 coin. Never spent more then $150 on a coin. I LOVE this coin though. My fear is spending $1000 on it just to see it selling on ebay in a year for $400. So some thoughts from others, how much do you see this coin selling for on the secondary market in a year or two?
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Canada
5324 Posts
 Posted 11/19/2016  10:30 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
You most likely hit it right on, and if the RCM doesn't have enough stuff to sell already
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augsburger's Avatar
Germany
1064 Posts
 Posted 11/20/2016  12:16 am  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
It's a coin? Does it meet the definition of a coin?
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 Posted 11/20/2016  09:27 am  Show Profile   Bookmark this reply Add jaymiles7 to your friends list Get a Link to this Reply
So john100, what do you see it selling for in a year?
I understand it's rare so there should always be some value....but my autograph is rare and I don't have people lining up to spend a thousand on it...

@ausburger....well, it has face value and is metal...so...I guess?! haha, very good question. The low monetary value of it concerns me a lot...
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Canada
5324 Posts
 Posted 11/20/2016  09:51 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
probably about half of what the RCM is asking, if this semi coin was produced by one of the Chinese mints that would be a different story.
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 Posted 11/20/2016  10:00 am  Show Profile   Bookmark this reply Add jaymiles7 to your friends list Get a Link to this Reply
What scares me is the price variety that's already on it. You look at purchasing it from dealers in Asia and do a currency conversion and it's a price difference of about $150CAD. That tells me they really don't have a market for it right now. But we do have to get Poland credit, it's a beautiful piece of....art?


Side note, I'm partial to Faberge. So I'm a bit biased....that's why I'm really looking for assurance on this one. I don't mind spending 50 for a coin thats valued at 25 a year later if it means that much to me. But I've only done that once, maybe twice. This is doing it a dozen times in one purchase!

I appreciate your reassurance.
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Canada
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 Posted 11/20/2016  10:22 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Mintage of 100 is rare, and if this Polish product was popular it wouldn't need another foreign mint to resell it. it's one step better than a Franklin mint stuff, but if you like it, collect what you enjoy
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 Posted 11/20/2016  10:28 am  Show Profile   Bookmark this reply Add jaymiles7 to your friends list Get a Link to this Reply
Oh I like it, like I said it's a beautiful piece of art. And I plan on collecting it, but I want to collect it at a fair value. I didn't, and still don't believe, 1200 CAD is a fair value. You said half, I figured 800CAD next year. So we're both on the same mind set and I've yet to see anything to tell me different.

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 Posted 11/20/2016  10:34 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Just look on ebay if a coin or any item is hot, it will sell for well over list just after the release, a tell tale of how popular any item really is.
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 Posted 11/20/2016  1:11 pm  Show Profile   Bookmark this reply Add jaymiles7 to your friends list Get a Link to this Reply
That's what I usually do. I buy from three places, the Mint, Gatewest in Manitoba and ebay.
So here's a question, if it had a face value at say.... $100CAD, what would you price the egg at?
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