February 2020 RCM Release

@atticguy




I understand the confusion... The unit of measure for gold & silver is the troy ounce. Everything is quoted based on the troy ounce. However, like everything else, the more you purchase of a product, the less the cost to you.

I looked at the bullion page for my favourite dealer here in Vancouver and the difference in price between an ounce and fractional ounces is noticable.

e.g.
- 1/2 oz = 5% premium per ounce
- 1/4 oz = 7% premium per ounce
- 1/10 oz = 11% premium per ounce
- gram = 17% premium per ounce.

That means that if you want to buy 10 of the 1/10 ounce maples, it will cost you 11% more than a single 1 ounce maple (2,381.60CAD vs 2,139CAD)

It also works in reverse for larger quantities but not as dramatically... a 5 oz bar is 0.4% less than a 1 oz bar... 1 10oz bar is 0.7% less and a kg bar is 1.1% less.

@atticguy: An impressive collecting effort. Congrats!

I'm curious, how many different quarters are there?

There are those wicked 2000P caribou and creativity types, also welcome !

@ commems

Good luck with developing a count of 36mm SDs prior to 1971. The 2012 Charlton Volume 1 is a great resource for the circulating Silver Dollars... It lists all Obverse and Reverse varieties with identification methods the only real thing missing is the matrix of Obverse/Reverse combinations. That renders it very difficult to come up with a total variety count over the 28 years of issue (1935-1967). 1968-1970 did not see a 36mm SD issued, only the 32mm Nickel Dollar.

You also need to decide which varieties you want to chase... Personally, I don't include the "HP doubling" nor the Alignment varieties. I also exclude the JOP stamps which I consider PMD though Charlton does list these as varieties.

So depending on what you choose to include, your count will range from a minimum of 28 (year set) through 66 ( my current target) or even 80+

@YesOrNo: Great looking coin! The silver and gold on black really works.

Thanks for sharing - it's nice to see the actual coin!

Congrats on the purchase!

For those who picked up the Numistastic set. Does anyone else think the "BU" Quarter is nothing more than a business strike.

It doesn't have the same look as "BU" Quarters from the past (pre-2010) with the thick rims.

Wow, here was a new coin that sold out in 5min

3.5 oz. Pure Silver Coin - Multilayered Polar Bear - Mintage: 279 (2020)
$799.95

nice mintage#

I think it is a reflection of the fact that the coin is brutally expensive. @ $228/oz CAD it is approaching 10x bullion. I get that it is a nascent technology and they have to recover the cost of new tooling and the R&D but that kind of price is going to have a limited appeal and the RCM was probably hedging bets on whether this was going to sellout. Obviously the lower the mintage, the higher the probability of a sellout.

I applaud the RCM for their inventiveness and what they are doing with silver... Some of this work is stunning. I just wish they didn't only make coins. Carousels, jigsaw puzzles, cutouts are great ornaments or collectibles without the monarch's face and a denomination. The French mint (Monnaie de Paris) has a roaring trade in jewelry, tokens and medals. Not all products are legal tender, the RCM should evaluate whether there is a market for RCM product that is not coin (or bullion).