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5 Oz. Pure Silver 3-Coin Set - Murano's Best - Mintage: 850

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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 06/25/2018  4:14 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
but I still think this is going to sell out when it does hit the general public


No sell out, now open to public.

Just as I thought the set is a dud. There is absolutely no need to release this set except as a cash grab by the RCM.

The Murano insect coins have been done to death and no sell out yet reflects this.


Quote:
For the collector who missed the first coin, and don't want to pay 800-1000 for it, this set will be very nice purchase.


The coin collector who miss the first coin is unlikely to spend $1800 to get it when he could get one for less than $1000. For one thing, the 5 oz size coin won't match the rest of their 1 oz coins. Secondly, if that collector can't afford a $1000 coin, what makes you think he can afford a $1800 set.
Edited by MoneyPenney
06/25/2018 5:31 pm
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 06/26/2018  5:37 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
Interesting review from RCM:


5-Oz.-Pure-Silver-3-Coin-Set---Murano's-Best---Mintage:-850
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Canada
5324 Posts
 Posted 06/26/2018  6:07 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Well right to the point !
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jimper's Avatar
568 Posts
 Posted 06/26/2018  6:42 pm  Show Profile   Bookmark this reply Add jimper to your friends list Get a Link to this Reply
I guess that's what coin collecting is all about. You buy what you like or collect. I personally like the larger coins. To me it really doesn't matter that the RCM did these in a 1 oz format. You'll never please everyone. If you don't like the set then just don't buy it. This is a hobby and not a coin bashing session. :)
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vonigohcr's Avatar
Canada
665 Posts
 Posted 06/26/2018  7:06 pm  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply
I am with @jimper.

I have been a staunch critic of the RCM and their "jump the shark" moments... Specifically Enterprise shaped "coin", Carousel, Canadian Fauna figurines etc. but I was drawn to the Ladybird in 2011. I will happily add these to their 1 oz and base metal companions. My only regret is I missed out on the Gold issue in 2015 (I think) but I am not sure I could have found the $18K necessary to buy the set of 5... Funny, I have never seen these show up in the secondary market... Maybe I am looking in the wrong places.

I will still complain about the RCM policy of setting the floor for Silver Proof coins at 5X bullion and going up from there but the sage advice from many on this forum should be noted:
1) Don't expect NCLT to be an investment that will provide positive ROI on any short or medium term.
2) Buy what you like for the enjoyment of the item.
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Canada
5324 Posts
 Posted 06/26/2018  7:16 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Sure it's always buy what you like, but if 96% or more of the issues immediately loses value, as mentioned a lot of GTA dealers are just offering bullion value for non popular coins, not long ago they offered around 70% of issue. Hard to enjoy and stay in the hobby if these are your first purchases. The gold NCLT rarely hits the market, but generally attract only bullion bids
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