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Vancouver 2010 Silver Maple Leaf Bullion Coin Set

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Pillar of the Community
canadian_coins's Avatar
United States
2408 Posts
 Posted 02/09/2010  8:03 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
Here's one

4 days remaining, already at $320...

[eBayItem]200436833267[/eBayItem]
Valued Member
Canada
150 Posts
 Posted 02/09/2010  8:20 pm  Show Profile   Bookmark this reply Add HawkC026 to your friends list Get a Link to this Reply
And several more ebay listings ranging in price from $279 to $404.

[eBayItem]330402100915[/eBayItem]
[eBayItem]300395595767[/eBayItem]
[eBayItem]130365113935[/eBayItem]
[eBayItem]140381096089[/eBayItem]
[eBayItem]120526599932[/eBayItem]
Pillar of the Community
canadian_coins's Avatar
United States
2408 Posts
 Posted 02/09/2010  9:16 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply

Here's my take on the NCLT/bullion/collectors items. If you look at the numbers, typical math from the RCM over the years: mintage * sale price > $1,000,000.

As we've seen, pretty much anything goes in terms of design, shape and form. As long as the math (profitability) works out for the RCM then we'll get something out no matter what we think about it - and from a pure business perspective, who cares if you can make money?

Here's what I noticed...

Anything above $1M (either too expensive or too many produced) I noticed does not sell out.

On the other hand...

Take the latest "sell out" for instance, the math works out close or under 800K.

Coincidence?



New Member
Creepy_Dude's Avatar
Canada
4 Posts
 Posted 02/09/2010  9:49 pm  Show Profile   Bookmark this reply Add Creepy_Dude to your friends list Get a Link to this Reply
Interesting, but perhaps true. There was a 1 kilo gold coin recently listed for C$49,000 and it's sold out quickly because mintage was only 20!
(mintage * sale price) just below 1 mil.
Pillar of the Community
canadian_coins's Avatar
United States
2408 Posts
 Posted 02/10/2010  8:33 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply

Yep.

And now a couple duds:

http://www.mint.ca/store/coin/25-si...7-prod240106

45,000 * $72 > $3m

http://www.mint.ca/store/coin/fine-...Id=cat170004

1,500 * $1650 > $2.4m

In some case though, the actual mintage may end up being far less than the projected mintage. First of series or odd balls are typical cases (Lunar coins, Crystal coins, Square Beaver, Enamel, etc).

But I think the $1,000,000 threshold is key.

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canadian_coins's Avatar
United States
2408 Posts
 Posted 02/10/2010  8:38 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply

And I just calculated another fast sell-out:

http://www.mint.ca/store/coin/limit...0-prod700001

5000 x $140 = 745,000

Bingo.

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