Prices Rebounding On NCLT? - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 4 / Views: 1,073
wilsonwu89 Pillar of the Community Canada 705 Posts	Posted 12/24/2023 3:02 pm I noticed for like some time after the whole $20 for $20 debacle, prices on NCLT crashed to below issue price. I left coin collecting for a while. I just didn't feel into it anymore. I came back into it this year and find bidding on stuff really competitive now. Does anybody else find that collecting has rebounded? Report this Post to the Staff

sel_69l Bedrock of the Community Australia 21786 Posts	Posted 12/24/2023 8:43 pm I feel that most (not all), NCLT issues, after their price has bottomed out in the numismatic aftermarket, will follow bullion price trends. A way of acquiring bullion coins that usually have very high minting standards. At least, that is how I collect them. An exception: Some NCLT have done very well. An example is the 2009 one ounce proof Double Eagle. I would love to get one of those! ------------------------------------------------------------------------------------------------------------------------------------------------------ I am not surprised that the $20 for $20 issue is regarded as a debacle. I will move in on these at near bullion pricing. Report this Post to the Staff
commems CCF Master Historian of USA Commemoratives United States 12250 Posts	Posted 12/26/2023 07:04 am In my experience, it is a coin-by-coin situation as to whether there is renewed pricing pressure on NCLT issues. There has been a bit of a general increase due to the price of silver/gold rising, but I don't consider that an increase in the numismatic component of a coin's market price. Collecting history one coin or medal at a time! (c) commems. All rights reserved. Report this Post to the Staff
MoneyPenney Pillar of the Community Canada 2984 Posts	Posted 01/01/2024 02:12 am If there is any rebounding of prices, it is for a few select coins. Overall there is no rebounding of prices. You only have to look at coin stock at major online dealers like Gatewest. Except for a few coins, every 2023 release is in stock at issue price. As for ebay, few coins sell above issue price. A few like the Allegory of Peace sell for a small premium that is eaten away by fees. Hardly worth the effort. Recent ebay policies like charging taxes on purchases that was previously tax exempt have also put a damper on sales. Inflation, cost of living increases, leave little disposable income for unnecessary hobbies. Edited by MoneyPenney 01/01/2024 02:14 am Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 01/02/2024 9:01 pm MoneyPenney just nailed it. The NCLT buyer mindset needs to be 100% about emotional desirability rather than the potential for profit. They all eventually reach bullion prices with a premium. Report this Post to the Staff
	Replies: 4 / Views: 1,073

To participate in the forum you must log in or register.

All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Commemoratives and Non-Circulating Coinage (NCLT)

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.33 seconds to rattle this change.