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Replies: 23 / Views: 3,999 |
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New Member
Canada
10 Posts |
Dear Members,
what is your opinion on the unusual "coins" produced in the last couple of years by Canada Mint ? For example Diamond shape coin, RCMP Policeman on the Horse coin, Spherical ball coin in the shape of Earth or Mars ? Do you think these have anything to do with the "coin" idea ? Or they are just the new piece of art expression ... I would like to hear your opinion..
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Pillar of the Community
United States
634 Posts |
They are interesting, but not my cup of tea.
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CCF Master Historian of USA Commemoratives
 United States
12250 Posts |
I consider/call them numismatic "objet d'art" - they run too far afield of what a traditional coin is for me to consider them coins (regardless of their legal tender status).
They're fine as collectibles, I just don't view them as coins.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
3328 Posts |
I like some of the weird things the mint has been producing, not something I personally collect not do I think I would call them coins. I think commems summed them up perfectly.
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New Member
 Canada
10 Posts |
so far I see we have very similar opinion :) I wonder why Mint is making more an more of them.
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Valued Member
Canada
366 Posts |
Can they please make a corona-shaped coin? To commemorate the end of Omicron wave?
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Moderator
 Australia
16805 Posts |
Quote: I wonder why Mint is making more an more of them. The RCM, and global mint-corporations more generally, keep making these sorts of things, because people keep buying them. Their marketing department keeps dreaming up weird and wonderful concepts, their market research (or past sales trends) indicates roughly how many they think they can sell, and the Canadian government (or some other flag of convenience country if the Canadian government refuses) then gives the rubber-stamp legal tender status so they can market it as a "coin". I'm more an "if it doesn't fit in a 2x2 I don't really want it" traditionalist myself. I suspect most of these "coins" aren't being bought by "traditional" coin collectors. They generally aren't being marketed towards "traditional" coin collectors. For example, I doubt that the 1 kilogram silver ball in the shape of the Death Star (put out just now by the New Zealand Mint in the name of Niue) is being bought by traditional coin collectors - but it is being bought by Star Wars fans. (even with a RRP of US$3650, the whole "mintage" of 299 "coins" sold-out on preorder). I didn't first find out about the existence of this "coin" though coin magazines, or even on coin forums - YouTube's algorithms thought I needed to know about it. YouTube doesn't know I collect coins, but knows I'm into Star Wars.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Canada
5324 Posts |
We build them, you buy them !
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Rest in Peace
United States
2668 Posts |
Sap - Or 2 1/2' by 2 1/2" Jest sayin'. 
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Pillar of the Community
Canada
5238 Posts |
@sap said it well.
These issues have very little to do with numismatics; they are giftware. Certainly some of them are very interesting to look at, and if I like some of the the smaller and flat ones (fit into a 2 1/2 x 2 1/2) I may get them if they are available cheaply in the aftermarket, but I honestly don't pay much attention to these special mint issues any more.
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Rest in Peace
Canada
1360 Posts |
speaking of odd shaped coins, The Royal Canadian Mint today released a New "coin" - in the shape of King Tut's funerary mask. $399.95 from Republic of Djibouti (between Yemen and Ethiopia) 3 oz silver, 200 Francs. 
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Pillar of the Community
 Canada
665 Posts |
Personally, coin collecting for me needs to be rooted in what is released for spending. I am not quite as strict as @sap with the 2x2 or crown sized 2.5x2.5 constraint... I am happy with NCLT versions of coins that are released to circulation. I even stretch to coins that while recognizably coins, would never be released for circulation... In this I include items such as colourized coins, Proof silver or gold releases and anything that is basically coin shaped and could be mistaken for a circulating item (metal notwithstanding). I will even grant a hall pass to "big" coins such as the RCM series or the 5oz ATB series quarters which while never a circulating size, still resembles a coin albeit oversized. I draw the line at spheres, Starship Enterprise outlines, King Tut's mask, diamonds, Carousels, figurines...etc. Don't get me wrong, these items should exist as there are folks that want them either individually or as part of a collection but sticking on a monarch's head and giving it a Face Value does not make it a coin. The French Mint does a great job of selling traditional NCLT product but also non-coin objects without a Face Value or Euro label. More mints around the world should follow suit. In the bullion world, the RCM issues silver bars alongside maple leaf coins. The bars don't have a Face Value nor a Monarch's head but they are still collected/stacked. I don't know why there is a need to add a denomination to a diamond shaped block of silver or an intricate working carousel. Figurines in bronze & silverBracelets
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Bedrock of the Community
United Kingdom
17878 Posts |
Quote: I don't know why there is a need to add a denomination to a diamond shaped block of silver or an intricate working carousel. 
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Moderator
 Australia
16805 Posts |
Quote: I don't know why there is a need to add a denomination to a diamond shaped block of silver or an intricate working carousel. Marketing. All of their market research proves, again and again, that "coins sell, other non-coin things like medals don't". A statement which really only holds true for the "coin collectors" target market, which as I've said isn't the target market for many of these products. Would the New Zealand Mint have been able to sell all 299 solid silver Death Stars if they weren't given legal tender status by Niue? Probably, yes. They might even have sold more of them, since at least some of the Star Wars fans would have been put off by the giant face of Elizabeth II, whose portrait certainly did not grace the "real" Death Star. Though it's entirely possible that Lucasfilm wouldn't have granted permission for the artifacts to be created unless they were "coins". But we'll never know, because the mints cannot break away from their "coins > medals" mindset. It's also possible that the mints, especially the private mints like New Zealand Mint, don't want to end up like Franklin Mint - which in the end was making and selling collectable plates, Star Trek chess sets, pocket knives and such, but not coins. They know that their actual bread-and-butter customers, the coin collectors, are put off by reading a product catalogue that's full of non-coins.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Canada
2984 Posts |
Quote:The Royal Canadian Mint today released a New "coin" - in the shape of King Tut's funerary mask. $399.95 from Republic of Djibouti The coin is not a RCM release. The RCM is reselling the coin which was released by the Republic of Djibouti. The RCM sell international coins from time to time. A few days ago the RCM had the Blue Marble coin from Barbados which sold out almost immediately. 
Edited by MoneyPenney 02/16/2022 9:36 pm
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Rest in Peace
Canada
1360 Posts |
Since 2017 when I collected fictional spacecraft, these are the only ones. So, Star Trek? or Star Wars? What's your pleasure? (There is also a handful of 20/4/20 Star Trek coins not shown.  USS Enterprise 2017, $100 Canadian, 10 ounces Fine Silver  Millennium Falcon 2022, $5.00 NIUE 3 ounces Fine Silver
Edited by Dcadon 03/21/2022 5:08 pm
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Replies: 23 / Views: 3,999 |