2007 Iridescent Crystal Snowflake - Coin Community Forum

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Author	Replies: 4 / Views: 6,193
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/01/2008 3:48 pm Over the past 8 years we have seen a boom in Non Circulating Legal Tender (NCLT) coin emissions from the Royal Canadian Mint ( RCM). This ever increasing diversity in Canadian numismatic emissions has led to some criticism among long time collectors who simply cannot keep up anymore. For example, listed in the 2006 Annual Report the RCM produced 70 different collectors items, ranging from the First Day penny to the 99999 Gold $350 coin. Clearly, today's collectors have to be judicious when collecting (investing) in NCLT coins. History has shown that most NCLT eventually sell below the Mint's issue price. Admittedly, some NCLT such as the 1$ Bravery Enamel Effect have been extremely popular and well worth the investment. In recent years, the Mint has promised to reduce mintage and also promised not to offload its unsold inventory to large Canadian/US dealers at or below cost like they once did. With this, and by creating truly unique and awe inspiring coins like the 2007 Silver Iridescent Crystal Snowflake the Mint has reclaimed my support towards some of their NCLT offerings. In my opinion, the 2007 $20 Sterling Silver Crystal Snowflake with a limited Mintage of 10,000 is one of the most beautiful coin every produced by the RCM. Keep it up RCM! Marc Edited by canadian_coins 03/01/2008 6:41 pm Report this Post to the Staff

chrycopaul Pillar of the Community Canada 1106 Posts	Posted 03/02/2008 2:33 pm I look at NCLT as giftware rather than coinage and therefore don't see a need to be a completest when it comes to it. If I find a subject that appeals to me I will buy it even thought RCM NCLT has a tendency to lose half its issue price in value on the secondary market. Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/02/2008 5:08 pm Wise approach and I totally agree. In retrospect, there are so many purchases I made that make me wonder. Marc Report this Post to the Staff
Lucky_13 Pillar of the Community United States 749 Posts	Posted 03/02/2008 5:18 pm Gorgeous Coin!! Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 03/02/2008 5:24 pm Yes Lucky! And there is also another version: Report this Post to the Staff
	Replies: 4 / Views: 6,193

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