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Poll About Modern Coin Trends - Traditional Vs Adorned

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Bedrock of the Community

United States
10284 Posts
 Posted 10/02/2017  7:41 pm Show Profile   Bookmark this topic Add TNG to your friends list Get a Link to this Message Number of Subscribers
Poll Question
I just wonder ... as many people are certainly free to collect whatever they like what you CCF members think.
Please post your choice that best describes your opinion.
There are traditional proof, circulation, ancient, commemorative coins and then there are well ...

Holographic, Gem encrusted, colorized, 3 Dimensional, Glow in the dark, odd shaped and someday maybe motorized transformer flying coins with blinking lights and laser beams. Who knows?

Poll Choices
 I only like a coin of the traditional style, proof or struck for circulation
 I consider myself traditional, but will accept a special gold plated design on some special coins
 I consider the new wave of adorned collector coins a fad that will hurt the hobby eventually
 I think it is part of the evolution of coinage for coin collectors, don't miss out!
 I wouldn't have one of these new fangled things in my collection
 I get excited over new ideas of what can be minted for coin collecting
 It's all good, anything goes. Makes no difference to me. If I like it I get it
 Other ... explain in post

Edited by TNG
10/02/2017 7:43 pm
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moxking's Avatar
United States
17900 Posts
 Posted 10/02/2017  7:59 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I certainly hope the U.S. doesn't follow the RCM's lead in producing so many coins that it would take tens of thousands of dollars every year to get one of each.

I think the U.S. Mint has done a good job of variety while keeping purchase prices within reason.

It has been the conclusion of many sociological studies that there is a direct correlation between collectors and creativity. Lots of folks fill books. But there are so many ways to form a collection that all those possibilities should be appreciated.
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chesterb's Avatar
United States
1261 Posts
 Posted 10/02/2017  8:13 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
How's come moxking always says what I want to say...only better?!
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oriole's Avatar
Canada
5238 Posts
 Posted 10/02/2017  8:14 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply

Quote:
I only like a coin of the traditional style, proof or struck for circulation


These constitute the bulk of my collection, but not every last one, so I voted "other".

In Canada, at least, some of our circulation coins have been colourized and glow in the dark.
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Bump111's Avatar
United States
3323 Posts
 Posted 10/02/2017  8:30 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
I voted other. There are probably strong opinions on this subject.

I talked about this in someone else's post a couple of months back. Personally, I don't care for colorized coins or other add-ons like that. But, some people do like them and if it brings new people into the hobby, I can respect that.
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WheatBackPenny's Avatar
United States
406 Posts
 Posted 10/02/2017  8:58 pm  Show Profile   Bookmark this reply Add WheatBackPenny to your friends list Get a Link to this Reply
I voted for the first option. I can understand how some people like these coins because they are interesting and modernistic, but I myself enjoy the traditional coins without any of this technology. I believe that these coins are just too complicated and are sometimes ridiculous and an eyesore (rarely, but sometimes).

I find this similar, in a way, to the America the Beautiful and State Quarters program. Personally, I have grown tired of seeing these designs, but I suppose it could be fun to build a set of these, and, like Bump111 stated, these programs do create interest to coin collecting, and because of that, my view on these coins are more positive than negative.
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RoyCoinBoy's Avatar
United States
1609 Posts
 Posted 10/02/2017  9:38 pm  Show Profile   Bookmark this reply Add RoyCoinBoy to your friends list Get a Link to this Reply
I honestly just think they're trying to make as much money as possible. No care whatsoever for the normal collectors. All it seems to be in modern coin production and sale is "buy this! Buy this! No, buy this! And this! Don't forget this! Look, we've released everything you just bought but now it glows in the dark! Now there's a limited edition that will totally be a good investment!"
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/02/2017  11:00 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Coins were originally made to be circulated and used as MONEY.
Anything else is the first step away from money.

Nothing wrong with collecting mint product that is strictly made for a collectors' market. That is OK in my mind; I do a bit of it myself. I have acquired a few in the numismatic aftermarket, where the original buyer must have lost a lot.

Nevertheless I am really a coin collector, and not a collector of Mint product, where rarity is strictly controlled by the commercial issue what the Mint thinks it's collector market will buy, for the maximum profit to the Mint.

My problem is that I don't like being treated with commercial cynicism. That applies to a lot more than just coins.
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Earle42's Avatar
United States
10029 Posts
 Posted 10/02/2017  11:32 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
I voted it will hurt the hobby in the end. Look on the Canadian forum and you see a lot of people tired of the RCM making so much. There is no way anyone but the very, very rich could ever collect it all. Having so much selection cheapens each offering to the point almost everything the RCM makes can be had 6 months to a year later at a greatly reduced price.

That being said, I own a couple of the pieces like the Maple Leaf with the Bigfoot privy mark; the 20 for 20 Bug Bunny; and the very weird, blue triangular half dollar featuring a cow and milk bottle on it. The cow coin was just too weird, and I had to have one for a laugh. But now, years later, it definitely has been out-weirded.

I would never think anyone liking the new stuff is crazy or any other derogatory term. Its a hobby and a hobby is for doing what a person likes while having fun.
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spru's Avatar
United States
12477 Posts
 Posted 10/02/2017  11:47 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:
I would never think anyone liking the new stuff is crazy or any other derogatory term. Its a hobby and a hobby is for doing what a person likes while having fun.


Earle

I voted:


Quote:
It's all good, anything goes. Makes no difference to me. If I like it I get it


To each their own. I personally am not drawn to many of "nontraditional" issues but, some are actually very appealing.
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basebal21's Avatar
13014 Posts
 Posted 10/03/2017  12:30 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Look on the Canadian forum and you see a lot of people tired of the RCM making so much. There is no way anyone but the very, very rich could ever collect it all. Having so much selection cheapens each offering to the point almost everything the RCM makes can be had 6 months to a year later at a greatly reduced price.


In the case of the RCM that is much more a factor of the super stiff premiums they put on most items. The US Mint is already to the point you have to be rich to get one of everything, but at least with the RCM their magnitude of products are actually different products and not a slew of the same things repackaged over and over like the US Mint.

If the RCM lowered their premiums their products would be much more popular. Most collectors could/would find something from them that they thought was a great design and well executed that they would love to own, but the price will prevent a large majority from making the purchase. England, France, and Australia all do a much better job of mixing affordable products with premium style products where the RCM seems to price everything like it is an elite premium product.

Variety is a positive for the hobby as a whole and just draws more people in. Everyone likes different things. Sadly in terms of creativity, innovation, and at this point design the US Mint is miles behind the major world mints.
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Crazyb0's Avatar
10197 Posts
 Posted 10/03/2017  12:36 am  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
as seems quite often with the Mox


Quote:
I certainly hope the U.S. doesn't follow the RCM's lead in producing so many coins that it would take tens of thousands of dollars every year to get one of each.


For some like myself a more simple traditionalist, the adventure into State Quarters and now ATB's is just about the limit I'd like to see the US Mint go to for general circulation coinage. Commemoratives are for a set marketsphere, just not my cup o' tea. Disney characters, that is a bridge too far.
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Alpha2814's Avatar
United States
2023 Posts
 Posted 10/03/2017  12:40 am  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
I went with the first option. I have my share of private mint rounds, but no interest in the plated/colorized/enhanced pieces. It's an art form with metal as the medium, not whatever they layer on top of it.
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Russian Federation
5172 Posts
 Posted 10/03/2017  05:53 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
I just plain can't afford most of the weird stuff (and it doesn't help that a lot of the fancier pieces don't look that pretty to me anyway), but if there was a cheap "weird stuff" piece that I liked, I would totally buy it.
(Some came pretty close; in fact, I did get a few of the Canadian colorized circulation coins, but those are probably too "traditional" for this poll.)

In other words, with spruett001's answer.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/03/2017  06:41 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Not my cup of tea - heck, I don't even drink tea - but my own more traditional collecting interests are odd enough that I'm nobody to talk down about the weirdness of another.
Bedrock of the Community
United States
10284 Posts
 Posted 10/03/2017  10:39 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I voted for #2 to be honest but I agree more with several, mostly #1.
I consider myself traditional, but will accept a special gold plated design on some special coins if they add to a set of traditional coins.

The reason I voted #2 is because I collect Canadian 5 cent coins and the mint came out with a gold plated 2005 mint report nickel and stuck it in the cover of the book. Well, me being OCD just had to add it to my collection. The only other coins I have with a gold plated enhancement are the Canadian Aviation series I and II sets.
Poll-About-Modern-Coin-Trends---Traditional-Vs-Adorned

Poll-About-Modern-Coin-Trends---Traditional-Vs-Adorned
I was tempted to buy the 2017 Proof Silver Dollar with the additional gold plating but opted for the unplated.Poll-About-Modern-Coin-Trends---Traditional-Vs-Adorned

Yes I see that Canada has circulating coins issued with some red colorization. I have a couple I received as gifts from CCF members and that means more to me than the coin itself.
I wouldn't chase after one.
I for one think this is going to hurt the hobby eventually. We traditional collectors will remain but I bet my money on the new wave to be in for a big disappointment when the bottom falls out of coins like these.
Poll-About-Modern-Coin-Trends---Traditional-Vs-Adorned
I've seen it happen with holographic, prism, uniform and bat swatches baseball cards. Winross, Hess, and Nascar trucks and cars and modern day postage stamps.
A classic will always be a classic and a fad will always be a fad.

I do point my bony finger at the RCM for killing the goose that lay the golden egg. At least the eggs for some will crack someday and be worth little more than the metal they contain.
My advice is be very selective if your choice in coin collecting if buying a coin that comes with a gps chip, battery or wind up key down the road.

But please, do have fun and enjoy!
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