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 Replies: 50 / Views: 9,916 |
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Valued Member
Canada
65 Posts |
RCM says waiting for stock I guess I missed this one, too low of a level at platinum for this one
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Pillar of the Community
 Canada
2984 Posts |
Quote:Where did you receive this promo code? I have never seen it on mint.ca, by mail, or from my representative. It was from another coin forum. There are also other discounts with the FEB19 code: Spend $50, get $5 off, $100/$15, $150/$30. Promo code ends March 8. |
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Pillar of the Community
568 Posts |
It's back on sale at RCM. |
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Pillar of the Community
Canada
6768 Posts |
I like it!
Thank you for pictures and the Promo code.
There is no big difference between it and one of the Big Halves from the recent years, but this one double dated and with young Queen....so will pass. Otherwise would load.
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Pillar of the Community
Canada
685 Posts |
Quote:
It is 170142. Thank you @MoneyPenney ! |
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Valued Member
Canada
65 Posts |
Got and I used the code thank you
for some reason I feel like I won or atleast did not loose as bad
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Pillar of the Community
Canada
6768 Posts |
Quote:Quote:
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It is 170142. Thank you @MoneyPenney ! So is it available for non-MC? Looks like very high demand. |
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Pillar of the Community
Canada
3733 Posts |
Just called the mint again, today.. sold out..
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Pillar of the Community
568 Posts |
Quote:
Just called the mint again, today.. sold out.. I'm not surprised. Anyone that collects 50 cent pieces or born in 1959 would have purchased it. Providing they were a higher end Master club member. |
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Pillar of the Community
United States
2408 Posts |
Quote:How is this coin expensive when all RCM 1 oz coins are $100 and above. That's precisely the reason why I'm no longer a MC member... Edited by canadian_coins
02/22/2019 11:18 pm
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Pillar of the Community
Canada
6768 Posts |
Since a lot op people collect 50c pieces, including small gold ones, 5oz silver and 2oz silver - these ones have no chance to stay on the shelves.
Investment? No.
Quick profit? Probably
Collection? Yes!
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Pillar of the Community
United States
2408 Posts |
Collectibles can have a momentary price demand / peak while others can develop sometime later. Yet, demand eventually wanes and price goes down. Case in point: 1972 2-dollar specimen set. Issue price was $12. In 1974, the 2-$1 specimen sets were valued: 1971: $18 1972: $15 <-- cheaper than 1971 In 1977, the 1972 overtook the 1971: 1971: $25 1972: $28 By 1979, the frenzy for the 1972 set had started: 1971: $25 1972: $65 Continued in 1981: 1971: $25 1972: $75 Price of 1972 set peaked in 1983 at $120 but started to come down. In 1988: 1971: $18 1972: $80 Price decreased since then, 36 years later in 2016: 1971: $20 1972: $45 Today there is little distinction in price on ebay between 1971 and 1972. The collectibility/rarity aspect is virtually gone. What remains is mostly the intrinsic value. One day perhaps rarity will prevail again. BTW - that $12 invested in 1972 at an average 8% return would be worth $450.00 today. Edited by canadian_coins
02/25/2019 11:09 pm
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Pillar of the Community
Canada
849 Posts |
Canadian_coins - I appreciate your research and the math is correct.
Just a question on your last statement - what investment has averaged 8% over more than 45 years? Some years I have got 8%, but lots of years 6%, 4%, 0, occasionally negative returns. I'd have probably used a number more like 5%, giving I believe a number around $120 return.
Still you make a good point and I agree. Most non circulating collector coins won't yield 8%, won't yield 5% yearly long term, and many will yield no profit ten years down the road based on the high prices above bullion value.
I own two silver year sets and maybe five individual coins NCLT. I had sentimental reasons for buying those and something would have to be really impressive for me to buy another.
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Valued Member
Canada
65 Posts |
I managed to get one of these from a store in downtown Toronto! I have the coin in hand and it is stunning. Definitely happy with my purchase!!
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Pillar of the Community
Canada
6768 Posts |
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I managed to get one of these from a store in downtown Toronto! I have the coin in hand and it is stunning. Definitely happy with my purchase!! Congrats, good catch! Enjoy your coin as part of the Canada's history. But did they sell the coin for the issue price? |
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Replies: 50 / Views: 9,916 |
First Page
Posted 02/21/2019 1:46 pm
