Posted 03/28/2017 08:15 am
Low mintage does not necessarily imply valuable, due to artificial rarity.
Look at some of the Canadian NCLT issues. Low mintage, and low numismatic demand in the aftermarket. In the 1970's, Franklin Mint killed the goose that laid the golden egg.
I would have thought that the RCM would have learnt.
Some Pacific Island nations issue tiny amounts of coins for circulation because not many needed, and also make an equally tiny number available for exclusive sale by dealers. These issues also quite often have poor performance in the numismatic aftermarket.
That's OK for me either way.
I don't mind hunting down hard to find issues that can be bought for a tiny outlay.
Circulation coins of Kiribati are an example.
Junk coins of fantasy nations, and 'honest' coins of micro nations are other examples.
Look at some of the Canadian NCLT issues. Low mintage, and low numismatic demand in the aftermarket. In the 1970's, Franklin Mint killed the goose that laid the golden egg.
I would have thought that the RCM would have learnt.
Some Pacific Island nations issue tiny amounts of coins for circulation because not many needed, and also make an equally tiny number available for exclusive sale by dealers. These issues also quite often have poor performance in the numismatic aftermarket.
That's OK for me either way.
I don't mind hunting down hard to find issues that can be bought for a tiny outlay.
Circulation coins of Kiribati are an example.
Junk coins of fantasy nations, and 'honest' coins of micro nations are other examples.
