Coin Community Family of Web Sites
Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Shop CCF Members on eBay! Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Legacy Of The Penny Five-Coin Set

To participate in the forum you must log in or register.
Author Previous TopicReplies: 293 / Views: 45,318Next Topic
Page: of 20
Pillar of the Community
MoneyPenney's Avatar
Canada
2984 Posts
 Posted 10/13/2016  7:30 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
@Silveroid,

Congratulations on getting the penny set! I am on the 3 payment plan too so I won't see it for a while.

I think it is a great set, you won't regret it. For a 7 oz set for $710 you can't go wrong as it works out to $101 per oz, much cheaper than some 1 oz coins that go for $149.95.
Pillar of the Community
Redzapsid's Avatar
Canada
1571 Posts
 Posted 10/13/2016  7:47 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
You can't go wrong at $700 for 7 oz of silver? $100/oz is a good deal? It may be cheaper than other $150 1 oz coins, but those are also insanely over priced as well. The new $3 2017 spirit of Canada is 1/4oz for $20 or $80/oz (4coins).
The $/oz is completely irrelevant with NCLTs. If you're in it for the silver, you can buy around 30 silver maples or 3 10oz bars for around the same price. In the distant future, the buillion will be worth far more.
Edited by Redzapsid
10/13/2016 8:23 pm
Pillar of the Community
Redzapsid's Avatar
Canada
1571 Posts
 Posted 10/13/2016  7:50 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
With this new penny release, I think it's time to sell all my 2012 farewell to the penny coins.
Pillar of the Community
Canada
6767 Posts
 Posted 10/13/2016  8:21 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
Thank you for good word, New!

My concern, is that amount of these keepers increases...

was surprised, btw, that RCM didn't put any limit for ordering these sets. isn't it strange?
Guessing, that the item will not be interesting to overseas collectors, Canada and US mainly
Edited by Silveroid
10/13/2016 8:24 pm
Pillar of the Community
Redzapsid's Avatar
Canada
1571 Posts
 Posted 10/13/2016  8:24 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
They don't seem to care who buys them or how many one buys, as long as they sell out.
Pillar of the Community
CoinCanuck94's Avatar
Canada
644 Posts
 Posted 10/13/2016  9:02 pm  Show Profile   Bookmark this reply Add CoinCanuck94 to your friends list Get a Link to this Reply
If you're a penny collector, this is definitely the set to get imo.
Pillar of the Community
Canada
2845 Posts
 Posted 10/13/2016  9:14 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:


If you're a penny collector, this is definitely the set to get imo.


71,000 is a lot of pennies
Valued Member
Mikesnickname's Avatar
Canada
115 Posts
 Posted 10/14/2016  03:49 am  Show Profile   Bookmark this reply Add Mikesnickname to your friends list Get a Link to this Reply
I love the look of this set, but the price tag has me on the fence.

I own the legacy of the nickel set, which I bought 6 months after release for $150 less than issue, and this would compliment it really well.

I could buy two farewell to the penny sets and have money to spare for this price.

Does anyone know of any dealers taking preorders for the set?
Pillar of the Community
Canada
6767 Posts
 Posted 10/14/2016  07:00 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
Congratulations on getting the penny set! I am on the 3 payment plan too so I won't see it for a while.


Thanks, MoneyPenney...yes, we'll see it on December.
When made purchase, they also proposed 2 payments (and not 3) , but this depends on budget.


Quote:
With this new penny release, I think it's time to sell all my 2012 farewell to the penny coins.


Wait with this, Redzapsid. The 2012 will be always special "Farewell year", while of the future releases will be "anniversary", "tribute", etc
Edited by Silveroid
10/14/2016 07:03 am
Pillar of the Community
Canada
5324 Posts
 Posted 10/14/2016  08:38 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Every year out of the coin a day issues about 5 to 10 are winners or OK, this set is probably one of them, maybe a bit high in mintage and starting to over do the tribute theme. I will be surprised to see this set double in short term value.
Pillar of the Community
jimper's Avatar
568 Posts
 Posted 10/14/2016  10:02 am  Show Profile   Bookmark this reply Add jimper to your friends list Get a Link to this Reply
There are 18 sets available on the RCM site if anyone missed out yesterday.
Pillar of the Community
Canada
2845 Posts
 Posted 10/14/2016  10:08 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Just an observation --- noticing how RCM has really raised the spending bar of appealing interest beginning in Sept, moving toward the close of their year end. No more are measly $130-$160 coins the topic of much discussion here. Instead -
2016 gold delta
2017 big coin
2017 penny set
Pillar of the Community
jimper's Avatar
568 Posts
 Posted 10/14/2016  10:11 am  Show Profile   Bookmark this reply Add jimper to your friends list Get a Link to this Reply
Awaiting stock. This set is now going to be sold out at the Mint.
Edited by jimper
10/14/2016 10:37 am
Pillar of the Community
jimper's Avatar
568 Posts
 Posted 10/14/2016  10:30 am  Show Profile   Bookmark this reply Add jimper to your friends list Get a Link to this Reply

Quote:
Just an observation --- noticing how RCM has really raised the spending bar of appealing interest beginning in Sept, moving toward the close of their year end. No more are measly $130-$160 coins the topic of much discussion here. Instead -
2016 gold delta
2017 big coin
2017 penny set


These are all because of special years. Star Trek's 50th and Canada's 150th. That gives them a great opportunity to gouge the public. Which is wrong. Boo to RCM.
Pillar of the Community
Redzapsid's Avatar
Canada
1571 Posts
 Posted 10/14/2016  10:36 am  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
RCM is a for profit corporation. If people continue to buy overpriced items with trademarked logos (superman, Star Trek, loonie tunes, etc.), of course the mint will continue to make more.
  Previous TopicReplies: 293 / Views: 45,318Next Topic
Page: of 20

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.41 seconds to rattle this change. Forums