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What Makes You Choose A RCM Coin? [poll]

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Valued Member
GregJG's Avatar
Canada
257 Posts
 Posted 07/21/2016  7:12 pm Show Profile   Bookmark this topic Add GregJG to your friends list Get a Link to this Message Number of Subscribers
Poll Question
I tend to be very picky but I thought I'd ask everyone what factors go into choosing a coin from the massive selection of RCM products.

I'm sure everyone can say every factor matters but I'm curious know what is the MOST IMPORTANT factor.

Hopefully too I can make this a little bit of fun in the choices :)

Thanks!

... For me it's the design :) if it's ugly or boring I'll never consider it.

Poll Choices
 Price!
 Price relative to bullion value (Best deal for the silver)
 It needs to appreciate in the future (investment)
 Cool/Unique designs are everything!
 It's a gift or I have someone in mind for all my choices
 I don't even look at the coin I HAVE TO COLLECT THEM ALL
 The artwork of the coin speaks to me
 It's a specific year / a set I'm putting together
 Whatever I can, I'm constrained by the selection / convenience
 I hate coins, where's the thread on banknotes?

Valued Member
GregJG's Avatar
Canada
257 Posts
 Posted 07/21/2016  7:16 pm  Show Profile   Bookmark this reply Add GregJG to your friends list Get a Link to this Reply
Feel free if you have an opinion that isn't in the choices to express it below :)
Pillar of the Community
CoinCanuck94's Avatar
Canada
644 Posts
 Posted 07/21/2016  8:43 pm  Show Profile   Bookmark this reply Add CoinCanuck94 to your friends list Get a Link to this Reply
I would say mintage.
Valued Member
GregJG's Avatar
Canada
257 Posts
 Posted 07/21/2016  9:06 pm  Show Profile   Bookmark this reply Add GregJG to your friends list Get a Link to this Reply
Oops! That's a massively important factor I forgot to add :)
Valued Member
onecad's Avatar
Canada
194 Posts
 Posted 07/21/2016  10:44 pm  Show Profile   Bookmark this reply Add onecad to your friends list Get a Link to this Reply
Mintage for many is seen as a factor in "It needs to appreciate in the future"
Pillar of the Community
Canada
2845 Posts
 Posted 07/22/2016  12:08 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

Mintage for many is seen as a factor in "It needs to appreciate in the future"


Sounds like the definition of an investment.

Anyone who buys for that reason ought to invest in a Charltons - Vol 2 first and study mintages versus market price. Recent past history is a valuable reference!
Valued Member
lucv13's Avatar
Canada
413 Posts
 Posted 07/22/2016  01:11 am  Show Profile   Bookmark this reply Add lucv13 to your friends list Get a Link to this Reply
I like the artwork and historical significance - hence my Avatar - I don't even like Ballet, but I think the coin is awesome
Valued Member
NeoSpec's Avatar
Canada
192 Posts
 Posted 07/22/2016  01:22 am  Show Profile   Bookmark this reply Add NeoSpec to your friends list Get a Link to this Reply

Quote:
Mintage for many is seen as a factor in "It needs to appreciate in the future"


Yeah, I'm still trying to wrap my head around that... I see mintage #'s on some fairly nice designs at, for example, 8500. To me, that seems rather small, but I gather it's relatively huge in relation to "coins likely to appreciate due to rarity" and folks would rather see... what? under 5k? under 2k? under 1k? something silly-small?

I see 8500 mintage and think it might be hard to find in a few years, but I guess not. so, just how many "collectors" out there area really collecting, vs. how many dealers are sitting on stockpiles of these for the next decade+?

Then on the flipside, you have something like the 2015 Panda.... 31 grams of silver selling at more than double spot, and mintage was 8,000,000.... certainly more than enough for every collector who might desire one to get one thousand or more, if they have the budget. So, why so much premium on the 2015 Panda? Will it last, or is it one of those fad coins right now? I'm far too inexperienced to have any clue about that...

BUT back to the OP, low mintage certainly helps fuel a desire to get my hands on something, I suppose, which is odd, because I have no real expectation of "making money" doing this. I think, if I'm being honest, it's because the lower the mintage, the higher the quality seems to be, and not much more... At the end of the day a pretty coin is a pretty coin, and that's my main draw: the design and the delivery.
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12257 Posts
 Posted 07/23/2016  10:21 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
I'm a "series collector." I've been focused on Canada's 36mm commemorative silver dollar series for many years. So far, as each one has been released I've added it to my collection - no questions asked.

However, if the RCM starts to emphasize colourized SDs vs. fully engraved coins, it's likely my collection is going to start having some "holes."


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Pillar of the Community
Canada
2845 Posts
 Posted 07/23/2016  11:03 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
I chose series as well but beyond that, it must compliment either my circulation collection or hold some other special personal and meaningful significance. An attractive design just isn't enough, I admire far too many but I can look at a photo without feeling compelled to buy the real thing (which would probably get stored away out of sight anyway). And I will add, at times collecting complimentary series can become like the tail wagging the dog -- the NCLT collection of SD outnumbers the $1 circulation releases, varieties included. But still, it's worthwhile. Same for loonies and toonies, slowly working on the completion of the NCLT side as well.
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