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Replies: 68 / Views: 12,818 |
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Pillar of the Community
Canada
6768 Posts |
Happy New Year to everyone! We have entered year of 2017 and this is the time for new RCM release. Well...i realy have no info (and never had), but noticed, that 2017 RCM Canada 5-coins gift sets already have been listed on Talisman. Oh! CanadaBirthdayNew BabyWeddingUsually, I am not sure, are they attractive for collectors. But now - they are contains the "regular" circulation coin designs, which we not suppose to see in 2017 on circulation coins. Newbie question (since 1967 was too early for me): Do the sets with regular designs have some importance? Are they "key date" coins? Will be interesting to hear opinions.... Edited by Silveroid 01/01/2017 10:59 pm
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Pillar of the Community
Canada
2845 Posts |
Quote:
Do the sets with regular designs have some importance? Are they "key date" coins?
If the regular designs aren't minted for circulation, regardless of how many sets are produced technically they can't be considered a "key date" because it's still NCLT. The fact that the Govt of Canada has already given the impression only the 2017 Special designed anniversary coins will be released into circulation, that regular designs are used in certain RCM gift sets appears to be a selling tactic but somewhat questionable in my opinion. RCM has legal authority to design NCLT, but this would seem as case of NCLT designed to mimic circulation coin. 
Edited by wildflowerAB 01/01/2017 1:55 pm
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Pillar of the Community
 Canada
6768 Posts |
Quote: If the regular designs aren't minted for circulation, regardless of how many sets are produced technically they can't be considered a "key date" because it's still NCLT. Thank you for clarification, Wildflower. I think, probably will pickup the "Oh Canada" to have an example of circulation coins with "2017" date. The "Uncirculated coins set" (the one that contains 50c coin) looks like will have new designs...
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Pillar of the Community
Canada
2845 Posts |
".....the Mint is kicking off 2017 with a January 7 release of the new Proof Silver Dollar and the 2017 Classic Uncirculated Set, with much more to be announced throughout the year." http://www.newswire.ca/news-release...9504755.htmlAlso in case this plus what's already been issued in 2016, from the press release: "To help mark the 150th anniversary of Confederation, over 40 different products will be issued as the Mint announces its monthly catalogues over the course of the year...."
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Pillar of the Community
Canada
2845 Posts |
CC and C has a few Jan/17 issues posted on their VIP website: 2oz GID Animals in the Moonlight - series of 4 beginning with a cougar (inspired by previous Moonlight GID) 2017 Specimen set with Snow Goose loonie 2017 Silver Proof Dollar, single (same as was in the Proof Set without gold plating) 2017 various assortment of gift sets, gold or silver Welcome to the World, Wedding Day coin
And more $25 Timeless Icons - Pure Silver Piedfort Coin, Maple leaf overlaid with a beaver, plated. A couple silver coins, Maple leaf and Polar bear (maybe just in case anyone missed out on all the others from the past) Aircraft of WW2, 3 coin series. And of course the 2017 uncirculated set, coins appear to be regular design.
Edited by wildflowerAB 01/03/2017 7:08 pm
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Pillar of the Community
Canada
1571 Posts |
If the regular design appear in "uncirculated sets", and in gift sets, there is no doubt some will end up getting spent and will enter circulation. My guess is they will change many hands before getting noticed. I'd call these circulation coins for sure.
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Pillar of the Community
Canada
798 Posts |
Passing on all of it. I think the 2017 statue coins were the straw that broke the camel's back for me.
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Pillar of the Community
Canada
2845 Posts |
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....there is no doubt some will end up getting spent and will enter circulation.
If a coin issued in a set gets circulated, that doesn't change the fact it was only released in a set. Over the recent past there's been several other examples of unique varieties that were issued only in Uncirculated Sets including for example 2003 WP 25c and 2000W 5c. Many collectors (including me) collect varieties from the various sources, both circulated and uncirculated. I'm not understanding why it would matter if one was found in circulation? If anyone is thinking there's an opportunity to load up on 2017 uncirculated or gift sets for the sale of regular designed noncirculated coin, there doesn't appear to be a looming shortage. Not compared them all but I notice the mintage of the 2017 uncirculated set was increased from last years 60,000 to 75,000 this year.
Edited by wildflowerAB 01/03/2017 8:45 pm
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Pillar of the Community
Canada
1571 Posts |
So if there wasn't a special design for circulation coins this year, what would be the physical difference between the uncirculated sets and coins available at the bank? Are the 5-coin of lucky loonie packs also considered NCLT? In my opinion, if it has the exact same design, composition, weight as a traditional circulation coin, it's not a NCLT. The only reason the RCM is issuing the regular designs in the uncirculated sets is to sell more of the more expensive 150th coins. When asked why there was not 3 loonies (women's right to vote and lucky loonie, as well as regular loonie) in the uncirculated set for 2016, the RCMs response was "Our yearly Uncirculated Sets only contain all our standard circulation coins plus our rare 50c coin for that year". To me, this leads me to believe there might even be some regular designs destined for circulation. Of course, this year may be an exception. If there are no regular designs, the uncirculated set should contain the 150th designs. Again, just my opinion.
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Pillar of the Community
Canada
2845 Posts |
Quote:
If there are no regular designs, the uncirculated set should contain the 150th designs.
Yes I do agree, in my opinion if that's the case, by RCM selling the regular 2017 coin in sets it detracts from the uniqueness of the one year special design. But it's likely they're aware collectors will seek both types and profit is always a greater motivated to RCM than common sense.
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Pillar of the Community
 Canada
6768 Posts |
 Would agree to this. Normally, no 2017 coins with "traditional" design should be minted , in any sets. All the sets should contain coins with the "special" design + specific coins, like Silver Dollar, variety of thematic Loonies. But Mint want to sell more....
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Valued Member
Canada
458 Posts |
wait and see what happens
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Pillar of the Community
Canada
705 Posts |
The penny "Maple Leaf" design is being issued on a half ounce silver coin for $30. Mintage is 30,000.
Should this sell out?
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Pillar of the Community
Canada
798 Posts |
Mark my words Wilson, they will produce so many coins this year, and interest has dropped so dramatically, that I believe that NO coins with a mintage over 6500 will sell out this year.
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Pillar of the Community
 Canada
6768 Posts |
Quote: The penny "Maple Leaf" design is being issued on a half ounce silver coin for $30. Mintage is 30,000.
Should this sell out? Sounds like remake of 2012 one (it was 1/2oz with rose gold), priced CAD 55. The 2012 sold out and available everywhere. The coin could be interesting (by itself), but what it coming for? And if JGG is right...too many coins will be around here. Added: If it coming as part / instead of "Maple Leaf Forever" coin - I'll take it.
Edited by Silveroid 01/04/2017 07:56 am
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Pillar of the Community
Canada
2845 Posts |
The $10 coin -- Appears to be a sequel to last year's silver ML 1/2 oz, except for the 150th anniversary text. I recall hardly a mention of it..., http://www.mint.ca/store/coins/cana....WGz5M8tfOhA2017 description "This very affordable $10 coin weighs just over half an ounce of pure silver and is inspired by Canada's iconic penny. Mintage is limited to just 30,000 pieces. As a pure silver coin issued by the Royal Canadian Mint, this item is GST/HST exempt. Royal Canadian Mint engravers have meticulously reproduced the iconic design that appeared on the Canadian one-cent coin from 1937 to 2012 (with the exception of the centennial issue in 1967). Originally engraved by G.E. Kruger-Gray, it features a maple twig with two leaves, the larger leaf on the right slightly overlapping the other. Below the leaves is a commemorative text that reads "150 YEARS/ANS," and is unique to this coin."
Edited by wildflowerAB 01/04/2017 08:39 am
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Replies: 68 / Views: 12,818 |