Colonial Acres 6/18 Auction - 2013 Gold Superman Unsold & Huge Discounts

Seems to be people loosing interest to pop-culture unlimited themes. Many realized, that it has no real value. Yes, expensive, and could be re-sold , but not valuable. RCM could mint Superman, Batman and all other characters including Star Trek without quit. Will be one more valuable than another in the current flood? Not at all. Simple inexpensive SD or some really well done traditional coin probably will satisfy majority of collectors...

I was looking at the other auctions in general. The prices sold compared to the original mint issue orices on the Royal Canadian Mint products from the 1970s to the 2012 period mostly went for very depressed levels. Proof sets, specimen sets, cased silver dollars, commemorative NCLT, all cheap compared to the original prices back then, as much as 60% off or more.

Why would someone want to buy the over priced NCLTs from the Mint today, knowing that a few years from now, you could most likely get it much cheaper. Patience pays.

I stopped buying the Mint's NCLT products in early 2000. I live in Vancouver, so, if I ever need to fancy myself looking and holding new mint products, I'll just go to the Mint boutique store (10 blocks away from my home) to satisfy my cravings of the tons of modern eye candy ..but not shell out the cash to take it home with me. And if there's something that I like for my collection, I'll keep it on my radar list, and head to the coin shows a few years later to pick it wilth a discount as much as 50% off the issue price.

That's what I try to do, but not always successful...lol

I just picked up the Interconnections Orca for 50% off at my local Post Office. I needed that one for my collection, and my patience paid off. I also picked up the 2oz Towering Forests coin for $115.

It was a good day.

I totally agree, RCMs products are interesting to look at, if not at a Mint Store, at a local Post Ofiice, or photos on their website and brochures. For the most part, that satisfies my interest as well because it's not a lot different than ordering a new release, receiving it in the mail, taking one look at it and then putting it away in a drawer or storage box. Any exceptions I make must have a significant purpose and represent to me a frivolous expense that I'm grateful I can afford.

But RCM's hard- sell advertising is very powerful and motivating and I think its easy for newer collectors to get sucked in by it. So for me observing their advertising tactics is just as interesting as what they're selling, in noticing ways in which it heavily plays on the psychological essence of us humans. Competition and winning (hurry, hurry, successfully buying a low mintage release), achieving and gathering (buying a release that goes up in value) and social status (owning an issue others don't have but want), etc. Their advertising plays on all the emotions of why one SHOULD buy rather than what one is actually buying. Toss in a rep who is likely trained to play the role of a friend offering hot tips (privilege)....all the ingredients fall together for a marketing environment that's not all that distant from timeshare sales people at a holiday resort.

However life's a learning journey and for some, RCM might represent a lesson to the lure of advertising and promotion that might prove very beneficial in later years.....

I'll give you my perspective, though it's likely not the norm.

I collect a limited number of Canada's NCLT. As most folks here know, my collection is focused on the various 36mm silver dollars issued each year.

At this point, my SD collection is fully current. So, I am one of those collectors who does purchase each new SD upon its release from the RCM at full issue price. I realize that if I waited a few years I could likely buy them for less than issue, but, because I only buy a few coins each year from the RCM, the savings do not amount to all that much. If I was spending thousands of dollars on Canada's NCLT each year it would be a different story.

I enjoy keeping my collection up-to-date and adding new coins to it each year. I enjoy inspecting them, learning about the people or event(s) they commemorate and often find myself writing about them. The pleasure I get from doing such things each year far outweighs the few extra dollars I spend by buying them upon release vs. waiting until several years after issue.

Just my view, based on how/what I collect.

Overall the huge quantity of Canadian NCLT inventory that's available for sale by auction, listed on ebay and or appearing on dealer websites is absolutely staggering. It'd be good be good to see a blip in silver prices just to initiate a consumer-driven ARP in order to reduce the excess supply.

Yet there's still certain past issues that are very difficult to find and have held or increased in value....but it makes the hunt all the more fun and challenging. Certain NCLT special issue dollars, toonies and loonies, as an example. I'd guess because they appeal to a crossover sector of circulation collectors as well, the type of collections that are apt to be held for decades.

Rare luck, Looney4Numi, congrats!