Why So Many Debbie Downers In The Cad NCLT Sub-Forum?

I am not a coin guy, I am a token guy. I really do not think that my "Wooden Nickels of New Brunswick" or "Dog licences of Atlantic Canada" will appreciate in value at all. I am ok with that.

The people showing off their coins are not looking to hear if they made a good investment or not. Some people really like NCLT. I personally do not see how a coin not meant to circulate can be a coin but to each their own. I am not going to point that out in every thread.

The thing is we do have threads were we talk about the gimmicky-ness of the mint and the resale value. If the coin's owner wanted to talk that side of the hobby they can, just in the appropriate forum.

This was not a slate at you Silveroid, or anyone for that matter. I just think that the discussions about resale value and marketing attempts of the mint should stay in the appropriate forum. If I started a thread on trade tokens of New Brunswick (which at one point I did) I would not need anyone pointing out I should be buying a '21 fish scale if I want to see any return. I know that I collect quote unquote crap but it makes me happy.

Here is an example of a theme being overdone, the big coin series was kind of cool, I would have skipped the gold gilt, it sold well, then 2 months latter the knock off colour big coins, it a cheap over milking of this theme. As result many coins are still available at dealers, and it hurts the first series, and how many dancing smiling swimming beavers do we need but the iconic 5 cent beaver.

My personal opinion....
Whether you collect circulation or NCLT, and whether you like all of the actual designs or not, the RCM produces the finest quality coins in the world. This isn't displayed on the $20 for $20s etc., but if you take a good look at a coin such as the 1/2kg howling wolf, you notice how fine the detail is.
Using the finest purity Au/Ag in the world and having unmatched quality with several finishes makes the RCM second to none.

Agreed. and this is due to RCM spending millions of dollars on advertising their current monthly releases, unique in the realm of numismatics. No other marketing entity is out there proclaiming the virtues of rushing to buy decades old circulation coins or tokens, or even existing NCLT for that matter.

On the topic of "Granny Bait", speaking as a Grandmother, I'm going to admit that reference makes no sense to me whatsoever. RCM has produced NCLT for decades so I'd be very surprised if other grannies are only now discovering it and wasting their pension cheques away. If you've noticed the style of RCM's advertising, it's obviously targeted toward young buyers who aren't familiar with NCLT or it's historical tendency to devalue far more than the average circulation collection.

NCLT could be best compared to buying a new car - the value drops when it's driven off the lot. The oft reference by RCM to limited mintages and hurry, buy now before it's too late is not coincidental. It's intended to send the message that the "rare" item will skyrocket in value - buying NCLT then becomes perceived as making an investment that will increase in value. RCM clearly follows the philosophy of our throw away society - new is good, old is boring... If that's the intended insinuation behind the term "granny bait" in reference to NCLT, it's utterly insulting in toward females in a sexist manner particularly as coin collecting still appears dominated by older males (judging by sellers are coin shows). What's to gain from negatively stereotyping and antagonizing the segment of older woman who are likely the least involved in numismatics overall?

There's nothing wrong with collecting NCLT on a selective basis for the right reason. In my opinion it's not much different than any other non-necessity expenditure like eating out, golfing or extravagant vacations. Some might think of it as throwing money out the window. What it might or might not be worth down the road is not important, neither is what other people think. Unless the definition of "collecting" has changed, that used to be how it went.

But for younger people, new collectors, who are falsely misled by advertising into believing, if not a way to make easy money, the long term outcome will be an investment that increases in value that is ultimately harmful to the hobby in general. Sooner than later it leaves them disillusioned when they notice items in their collection selling for less than half price. Then those collections get put up for sale - fewer collectors, increased availibility, devaluation increases even more. Therefore I think contrary opinions that are expressed by those who are passionate about the hobby are motivated by a desire to not only protect it, but also to possibly prevent others getting deceived into spending money for the wrong reason.

Well we will be monitoring it. We're not going to have people biting new members anymore.

If someone posts a new coin they bought that they like there's no need to blast them and make them feel stupid. If they like it they like it, it's their money.

@Harmonica,

I'm with you here, but one distinction must be made between constructive criticisms Vs personal attacks. I would say it is perfectly OK to highlight certain aspects that aren't always "good", such as technical details about the strike, the quality or the theme. It's perfectly fine to discuss mintage, price and trends.

I'm not sure if you were around back in the days when we were posting on the regular circulation forum. The situation was really nasty. This paved the way to the creation of the NCLT sub-forum. Problem resolved.

I'm not convinced that we necessarily need to introduce further sub-forums just to keep the peace... "NCLTs For Investors and Flippers"? Not sure...

Or here's one: "Rant-a-coin" - a bucket for those who just want to release a bit of frustration.

That title would be a great example of an Oxymoron!

Definition:
An oxymoron (usual plural oxymorons, less commonly the Greek-style oxymora) is a figure of speech that juxtaposes elements that appear to be contradictory, but which contain a concealed point.





This happens whenever opinions are shared. Examples on the circulation side include the current price of the 1948 SD or the worth of buying a 2016 Uncirculated Set with a packaging error. I value other opinions to consider but at the end of the day if there was good reason to add it to my collection, that's what's most important to me.