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June RCM 2022 New Releases

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New1954's Avatar
Canada
1027 Posts
 Posted 05/31/2022  12:53 am Show Profile   Bookmark this topic Add New1954 to your friends list Get a Link to this Message Number of Subscribers
5 ounce pure silver CANADIAN GHOST SHIP
A Black Light Activated Colour reveal
Mintage: 1500 $649.95 No GST/HST

1 ounce specimen silver one cent coin
FAREWELL TO THE PENNY ('W' MINT MARK)
Mintage 15,000 $99.95 No GST/HST

2 ounce pure silver coin
VISIONS OF CANADA (scenes of nature)
Mintage: 5,000 $189.95 No GST/HST

*******FIRST TIME EVER:
THREE ULTRA HIGH RELIEF MAPLE LEAF COINS AS FOLLOW:

1 ounce pure GOLD ultra-high relief maple
Mintage: 600 $4,299.95 No GST/HST
Limit of 2 per customer

5 ounce pure SILVER ultra-high relief maple
Mintage: 1250 $599.95 No GST/HST
Limit of 2 per customer

1 ounce pure SILVER ultra-high relief maple
Mintage: 7,000 $129.95 No GST/HST
Limit of 2 per customer

1/20th oz Pure GOLD coin
EVERLASTING MAPLE LEAF (design is of 3 maple leaves)
Mintage 5,000 $279.95 No GST/HST

Moments to Hold Series. Your Canadian Story Maple Leaf
1/4 oz Pure SILVER coin
Mintage: 100,000 $24.95

That's all folks.









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commems's Avatar
United States
12250 Posts
 Posted 05/31/2022  12:04 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Thanks for the update!

The "Moments to Hold" coin might be of some interest, but that's about it for me this month!

Quote:
1 ounce specimen silver one cent coin
FAREWELL TO THE PENNY ('W' MINT MARK)
Mintage 15,000 $99.95 No GST/HST

Oh, good! Another commemorative coin for a commemorative coin.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
New Member
Canada
13 Posts
 Posted 05/31/2022  12:47 pm  Show Profile   Bookmark this reply Add zmlbill to your friends list Get a Link to this Reply
i am intersted in this one.

1 ounce pure SILVER ultra-high relief maple
Mintage: 7,000 $129.95 No GST/HST
Limit of 2 per customer
Rest in Peace
Dcadon's Avatar
Canada
1360 Posts
 Posted 05/31/2022  4:06 pm  Show Profile   Bookmark this reply Add Dcadon to your friends list Get a Link to this Reply
Can't imagine paying $275 for 1/20th ounce of gold $5500/ounce is quite a markup - especially when they are also offering a 1/10th ounce at the same time for $349.95 and $389.95 'year of the Tiger' and 'Majestic Polar Bear' respectively.... that's nearly $2000 per ounce less. The only coin in this release that maintained it's regular price was the 2 ounce 'Visions' at $189.95.

I just can't justify this anymore. I used to think - "well, at the end of the day, I still at least have my bullion value" But when the purchase price is so much more ..... and getting even more.... Yes... Nice looking coins but I'm spending less on coins - and more in my gas tank.
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YesOrNo's Avatar
Canada
366 Posts
 Posted 06/01/2022  1:39 pm  Show Profile   Bookmark this reply Add YesOrNo to your friends list Get a Link to this Reply
Thanks New1954 for the heads-up.

A few coins are interesting.

Ultra-High Relief SML is a good idea. However, RCM just released Super Incuse SML two months ago; I wished they could give the market a bit more time to digest all the variations of SMLs. Nevertheless, the Ultra-High Relief coins are attractive.

June-RCM-2022-New-Releases

I found the gold one is especially nice looking, although I wouldn't pay $4,300 for it.

Canadian Ghost Ship is another interesting coin. This coin has a drama in it.
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vonigohcr's Avatar
Canada
665 Posts
 Posted 06/02/2022  10:46 am  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply
There are a few well understood acronyms in Canadian numismatics... GML & SML for Gold Maple Leaf and Silver Maple Leaf both bullion and NCLT... there are others (ASE?) but I would like to introduce one more that seems fitting... YAML. "Yet another Maple Leaf" We have the bullion versions, the incuse, the super incuse, the Ultra-High Relief, the "Twig" for the penny design... Yeah.. that one where we were "promised" 10 years ago that the last Penny had been struck... there have been how many NCLT penny releases in the last 10 years... definitely enough to say that the promise of 2012 was not kept.

So while the RCM has checked innovation and good coin design at the door and continues to pump out YAMLs and other re-treads I will check my interest in their monthly releases.
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Alex A's Avatar
710 Posts
 Posted 06/02/2022  10:56 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
Yah, "farewell" to the penny is definitely overdone.
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commems's Avatar
United States
12250 Posts
 Posted 06/02/2022  11:55 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@vonigohcr: I know how you feel!

Back in 2001, the Mint launched a series of coloured maple leaf coins. In 2001 and 2002, the coins had an "Autumn" and "Summer" theme, respectively, with the leaves coloured to match, Beginining in 2003, the coins featured different types of maple leaf trees. In 2003 it was the "Sugar" maple tree (with green leaves) , in 2004 the was the focus was on the "Red" maple tree, in 2005 the "Big Leaf" or "Broadleaf" maple tree was highlighted, in 2006 the "Silver" maple tree was the subject and in 2007 it was the "Sugar" maple taking another turn, this time with its orange leaves of fall. IMO, the selective colourization of the leaves on each coin was attractive and almost "traditional" in presentation.

In 2008, the Mint issued a coloured maple leaf coin bedazzled with a crystal raindrop. The simple elegance of the previous coins was destroyed and gone was my collecting interest in them. I soon began to lose interest in the Mint's maple leaf-themed coins and stopped collecting them altogether a couple of years later. Today, regardless of what type of spin the Mint tries to put on its maple leaf design, I remain uninterested.

A collector - at least this one - only needs so many maple leaf coins!


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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vonigohcr's Avatar
Canada
665 Posts
 Posted 06/02/2022  4:30 pm  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply
@commems.

I have been extremely disappointed with the offerings from the RCM lately. The YAML that I referenced earlier is just one symptom of a creative void at the mint right now. The renewed series ($, 50c & now $2) are all reworking/retreads of existing coins, the current "last ever" penny is a poor joke and there have been a number of threads on this board related to the mint's propensity for reissue over innovation. The innovation they seem to prefer is technology (incuse, High Relief, Selective plating and Glow under black light tech) and don't get me started on toys (carousel) or protection "washes" that tone silver coins with a golden hue.

It was only a few years ago (2018) that the 10oz Angel of Victory coin was released and you almost never see it in the secondary market... Even Murano glass coins are becoming common and dropping in price... The Angel of Victory had outstanding design, Canadian meaning, an homage to the 1918 penny and apparently collector interest; I haven't seen that coin at auction... I haven't had a "Jaw drop" moment in some time when looking at a new release from the mint. The recent Opulence series was at best gaudy and at worst, a waste of unique gemstones. Further... while I get that the mint doesn't always sell their own product.. what in heaven's name inspired anyone to make a Fender Strat NCLT and then resell through the mint's channels... Is it solely because Franklin Mint is no longer in the market and somebody has to...

We often talk on these boards about whether the RCM has lost its way. I think it may have... I am seeing greater design innovation using traditional coin planchets in the breadth of world bullion; which you can acquire for multiples of 10%-50% over bullion vs. the 500%-600% the RCM charges for their silver. If the RCM doesn't engage some innovative designers, I may be switching to the "PM Bullion board" as my 1st port of call. I have been MC Diamond (or equivalent) for over 8 years. I typically have met the renewal threshold by the end of summer... I am purchasing based on what I like and I don't see me hitting the threshold this year to renew.

In parallel, I have spent a significant amount of what I would have historically spent at the RCM on world bullion. Some of these coins are stunning and do provide that "Jaw Drop" moment when 1st seen others are just fun. Neither attribute is in abundance at the RCM these days.
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Canada
5324 Posts
 Posted 06/02/2022  4:45 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Recent issue of Canadian Coin News reports RCM record profits, we make them, someone buys them, that kind of answers that
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commems's Avatar
United States
12250 Posts
 Posted 06/02/2022  5:13 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@vonigohcr: Agree with your comments - it is an unfortunate state of affairs at the Canadian Mint. I'm pretty much down to the silver dollars at this point. Canadian NCLT was always just a sideline for me, so I actually don't miss my previous, more frequent purchase pace.

I agree the Angel of Victory is an outstanding piece, I did start a discussion on it back when it was current: 2018 Angel Of Victory $100 Silver Coin. (We were in agreement back then as well!)


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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atticguy's Avatar
United States
1373 Posts
 Posted 06/02/2022  5:16 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
I think I'll buy the penny if it's NOT oversized (must fit in a 2x2). I'll have to wait until the Mint offers them to the public to check on this and the others new for June.
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commems's Avatar
United States
12250 Posts
 Posted 06/02/2022  5:26 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@atticguy: It's 38mm in diameter.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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commems's Avatar
United States
12250 Posts
 Posted 06/02/2022  6:01 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
...we make them, someone buys them, that kind of answers that

I don't think the question has ever been IF someone is buying the latest Mint offerings, it's obvious that folks are. I think the question has been more WHO is the SOMEONE who is buying them. Coin collectors? One-off pop culture fans? Topical art fans? Optimistic speculators/investors?

I don't know the answer to the question, but I'd sure like to know!





Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Canada
5324 Posts
 Posted 06/02/2022  7:04 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
A few years ago right before covid the RCM had a travelling road show for MC members in the GTA at Fort York, I was invited to the second day event. There was catering and a chance to meet and ask designers and engineers of the RCM production teams, they also had a pop up store where you can buy next months coins here with a 15% special discount, people was buying all kinds of expensive stuff, when I asked one of the reps of this wild buying frenzy he told me there is a couple special collectors that they buy every coin for many years and the RCM invites them to special Ottawa tour along with special one off minted items. This was the time period when the new president just took over, and I might add she was a pleasure to chat with. Most of the collectors that I talked to during this event just seems to like the designs and does not care of value, but that cool.
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vonigohcr's Avatar
Canada
665 Posts
 Posted 06/02/2022  8:00 pm  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply

Quote:
he told me there is a couple special collectors that they buy every coin for many years

There are those to whom Pokemon is the epitome of building a collection... "Gotta get them all". Even if I had the funds, that would not be me. I like to have some thematic driver behind my collection. An example is that I have a complete collection of 27mm $100 gold from the 1976 Montreal Olympics coin through to 2020. I stopped the collection in 2021 because the series changed. The images were too small to resolve in the detail I expect from $100 Gold.

Similar to @commems, I maintain a series of 36mm Silver Dollars, if the format changes... I will tap out.

In other pursuits, I collect guitars though to be honest, I am much more hands-on with the guitars... I am not sure if you can play a coin though Brian May (Queen) uses a silver sixpence as a pick (plectrum). I was in no way tempted to "cross-over" the Solomon Islands Stratocaster coins sold by the RCM with my actual Stratocaster collection...

It is my thesis that a collection is more than just a pile of stuff. It tells a story, it allows you to specialize in certain fields and that only adds to the enjoyment of the hobby. You can see that on the circulation forums... There are some contributors to those discussions who know more about the history of Canadian coins than just about anybody at the mint. @commems routinely impresses with the deep dives into Canadian commemoratives published on this very forum board. The knowledge brought from research is an inseparable aspect of any hobby. I can discuss for hours the differences between a Nitro and a Poly finish on a guitar's tone and whether the Fender scale length is better than the Gibson scale length and why PRS may have got it right by splitting the difference... I am happy that the mint is making money... I just wish it were with better products more suited to a collection than a pile of stuff.

I actually only regret missing 2 NCLT... the aforementioned 2018 Angel of Victory... At the time I thought it too expensive and was willing to wait for it to show on the secondary market... 4 years on and not a peep. The other was the 2015 $200 gold Singing Moon. That would help complete a 1st Nation Mask Themed series. These are the only NCLT that I am actively seeking...

My primary collection focus these days are UK pre-decimal crowns, UK pre-decimal sovereigns and Canadian circulating silver dollars from 1935 to 1967 though as mentioned earlier, I have developed an appreciation for world silver bullion.
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