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 Replies: 34 / Views: 6,483 |
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Pillar of the Community
Canada
1186 Posts |
I like bullion art most of the time like the 2020 four winds pathfinders puzzle set (really beautiful piece/pieces if nobody here has had the chance to see it), but calling stuff like this a coin and putting a face value on it is just unnecessary IMO. Just the RCM logo and the silver/gold content would be sufficient enough to get collectors attentions. Finding and discovering modern Canadian doubled die varieties since 2018. 2023 Recent Publications: Modern Canadian Doubled Die Varieties - First Edition PDF & Paperback https://www.mcddv.ca (website currently down for maintenance as of 08/01/2024) |
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Pillar of the Community
710 Posts |
I call these "trinkets". RCM is simply producing whatever sells. My only wish is they separate this other stuff out on their website rather than labelling everything a coin. |
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Pillar of the Community
Canada
2984 Posts |
I thought the joke is the seller selling his coins for up to close to double issue price and in US$ to boot.
The prices of his coins are out of whack with market values.
Edited by MoneyPenney
05/06/2021 9:25 pm
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Pillar of the Community
United States
635 Posts |
Not even close to being a coin.
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Pillar of the Community
 Canada
1505 Posts |
Nickelsguy & all others
how long do you estimate for "real" Hats to show up from PRoC?
Just kidding... am I ?. If these sell well, they will come.....
H
Edited by 47P7
05/06/2021 9:51 pm
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Pillar of the Community
United States
7034 Posts |
Maybe in future years they will make the entire uniform? I'm waiting for the belt and boots...  |
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Pillar of the Community
Canada
2984 Posts |
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Maybe in future years they will make the entire uniform? I'm waiting for the belt and boots. They already have the whole Mountie with last year's sculpture coin.  |
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Bedrock of the Community
Australia
21788 Posts |
Not a coin although it may have legal status as such. More like fantasy exonumia. RCM would never make this sort of Mint product, unless they knew they were able to sell it for a profit. To me, somewhat akin to decorative art fine bone China, in the same class as Royal Doulton fine bone Chinaware figurines. RCM is becoming more and more like the failed Franklin private Mint. They are killing their own goose that laid the golden egg. I have a small solid sterling silver collection. It it is a hallmarked six inch high cast and carved solid silver reindeer stag - it did not come from the RCM. Quite heavy, it weighs a few ounces. Has nothing to do with numisamtics, RCM collector products are trending in the same direction. |
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CCF Master Historian of USA Commemoratives
 United States
12274 Posts |
I'm fine with the RCM producing these items, I just wish they weren't promoted as coins. I agree with AlexA (comment above), items such as this one should be presented separately from the Mint's closer-to-reality coins. IMO, nearly all modern non-circulating legal tender (NCLT) coins are really medals with symbolic (but otherwise meaningless) denominations on them. For example, how does a denomination of $1.00 make sense for a coin with ~3/4 of an ounce of silver? The "coin's" intrinsic value is higher than its face value and its issue price is even higher! Clearly not a coin using the traditional definition, but I still collect them due to their link to Canada's era of circulating silver coins. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Moderator
United States
188440 Posts |
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I agree with AlexA (comment above), items such as this one should be presented separately from the Mint's closer-to-reality coins. I agree with this as well.  Maybe these sales keep the lights on and doors open so they can make the "real coins," but they could at least alter their marketing a bit.  |
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Pillar of the Community
United States
7034 Posts |
Makes me think of that old TV show Candid Camara...I would love to make a video of trying to purschase something using this "coin"
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Pillar of the Community
United States
2869 Posts |
Lets go get a PCGS graded hat.
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Pillar of the Community
 Canada
665 Posts |
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My only wish is they separate this other stuff out on their website rather than labelling everything a coin. The French Mint - https://www.monnaiedeparis.fr/en/sh...ive-castings do a good job of selling non-coin products. Available on their site but without legal tender attribution. From models of RCMP, Hats, Starship Enterprise models, Grizzly Bears, Carousels... It is ridiculous what is being pumped out of the mint as NCLT. Don't misunderstand... I think these objects should exist... there clearly is a market for them... I just don't believe they should have a denomination and the classification of Legal Tender regardless of how useable or unusable they are for cash transactions... Clearly nobody is going to use a $100 gold coin that actually cost over $1,000 to purchase $100 of goods & services but hats, enterprises and carousels go from ridiculous to asinine. |
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Bedrock of the Community
Australia
21788 Posts |
Try selling overpriced proof silver NCLT mint product back to coin dealers, and all you will get is the silver value.
I know.
I have tried.
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Pillar of the Community
Canada
2984 Posts |
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Try selling overpriced proof silver NCLT mint product back to coin dealers, and all you will get is the silver value.
I know.
I have tried. Depends on what you are selling, if there is demand for the coin. If it is a "hot" coin like the first UFO, first Pysanka, first MC Renewed Silver Dollar, or more recently coins that sold out rapidly like the Multilayer coin or 5 oz Avro Arrow, dealers will happily buy them from you. But if the coins are from 10,20,30, years when mintages are 10,000, 15,000, 20,000+, dealers are going to pay you bullion because the mint made too many of them and there is not enough demand for them. Businesses are not charities, they are out to make money so there is no point in buying coins that will just sit on the shelf. |
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Replies: 34 / Views: 6,483 |
First Page
Posted 05/06/2021 8:50 pm
