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 Replies: 7 / Views: 2,494 |
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Pillar of the Community
United States
4541 Posts |
I don't know much about Canadian coins but I am trying to learn. I was at RCM website and I came across The Vignettes of Royalty Collection. like 5 coins 15 dollar fave value. 99.95 a piece! Is this a good set? Seems extremely high with it only weighing in at little over an ounce and it being 92.5% silver. |
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Rest in Peace
United States
9104 Posts |
Can't speak for Canadian coins, but many of the recent commemorative issues the US made sold for less than issue price until gold and silvertook big leaps. Considering Canadian coins are even less collected, I'd say this is not an investment.
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Pillar of the Community
Canada
1106 Posts |
If you are looking for an investment buy bullion. I would only buy NCLT if were something that appealed to me as a topic. Much of the RCM NCLT that I have purchased in the past has lost half of its issue price. Edited by chrycopaul
07/21/2008 4:55 pm
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Pillar of the Community
United States
5318 Posts |
While I'm an avid collector of Canadians, I can't quite figure out the sheer volume of recent "collector" coins by the RCM--there are milk token "coins", IMAX "coins" and playing card "coins" to name a few  They must be tooling new hubs/dies nonstop! I can only guess they're capitalizing on the recent collector craze, but I'm rather skeptical that issue price will be reflected in long-term value. If someone wants a nice set of "vignettes of royalty", they could easily collect a nice set of circulating coins minted during their respective periods for that $99. Edited by KurtS
07/21/2008 5:01 pm
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Pillar of the Community
 United States
4541 Posts |
i am looking for investment type coins I am not saying I am going to purchase them I just want to get a feel on what everyones rate of return is on these coins and already it dont sound good. 99 dollars per 1 coin seem way high. I mean I could spend a few more bucks and get 1/10 ounce gold eagle and have close to bullion price. I just have a lot of us and want to expand to something else
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Pillar of the Community
United States
5318 Posts |
Quote:
...I could spend a few more bucks and get 1/10 ounce gold eagle and have close to bullion price  If you want to invest in metals, I think you're better off buying whatever sells near spot price. Apart from metal value, coins deliberately made as "limited edition," collector coin, etc. have no intrinsic collector value long-term. There are exceptions, but it's usually the unintentional rarities that appreciate. |
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Valued Member
Canada
150 Posts |
As several others have already mentioned, in terms of pure investment value, you're much better off buying bullion.
Having said that, I've already signed up for this series of coins and receive the first one about a month ago. I was intrigued by the ultra high relief designs and the fact that they are quadruple struck.
By signing up for the 5 coin series, you also receive the leatherette display case, an information booklet and free shipping on all coins.
Oh yeah, and if the price of silver goes up, the current price of $99.95 is guaranteed not to increase.
Regards,
Steve
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Valued Member
United States
324 Posts |
"i am looking for investment type coins"
Based on the past 30-50 years, some of the better coins to have obtained based on price appreciation are those of the Victorian series - from 1c to 50c. Anything in VF20 or above is in very limited supply. Published mintage figures mean little. The survival rate of these coins is quite low - far lower than most realize. On the shorter term, bullion is probably a good buy. Also, there is growing interest in Canadian varieties - but good ones, like any good coins, are very difficult to find.
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Replies: 7 / Views: 2,494 |
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Posted 07/21/2008 4:27 pm
