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What If Our Mint Follows Suit?

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Scooby Due's Avatar
United States
4000 Posts
 Posted 03/10/2011  11:57 pm Show Profile   Bookmark this topic Add Scooby Due to your friends list Get a Link to this Message Number of Subscribers
Poll Question
This may have been discussed before, but I don't recall seeing it.

Canada (as well as other mints) have been putting out colorized coins in the recent past.
What if our mint follows suit?

The purist in me cringes.
I've grown to learn that's damage. But, that's also because its being done post mint.
What if they started coming from our mints that way?

What if popularity up north (if there is any) catches their eye and they see a chance to exploit another market?
How would we feel about that?

Would we buy them and cringe? Would we cringe and not buy them?
Or would we just accept (maybe even embrace) the fact and continue on with our collections?

The handful of colorized Canadian coins that I have just seem cheap.
No offense to our brothers and sister up north. I enjoy the coins and their designs.
But, I'll bet they have their fair share of collectors that cringed, too.
Maybe if I seen a pristine example that looks like it's meant to be, maybe it would change my mind.

Side thought: What if they went out of their satin minds on us and started throwing them in mint sets
half way through the National Parks program?

Poll Choices
 Cringe and not buy them
 Buy them, but cringe
 Accept it and go with the flow
 Embrace it whole-heartedly

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GRR's Avatar
United States
310 Posts
 Posted 03/11/2011  12:07 am  Show Profile   Bookmark this reply Add GRR to your friends list Get a Link to this Reply
I'd cringe. I think they are novelties. I know proof coins and others aren't intended for circulation, but I can accept those. If I found a colorized coin in circulation, It'd be junk.
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Darth Anarchus's Avatar
United States
1388 Posts
 Posted 03/11/2011  12:31 am  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
IMO I think there are too many purist collectors here in the states... I'm not trying to downgrade anything that is going on up North, they have many absolutely stunning designs on their coinage. But America is a different type of market. It would take decades to progress this into the American Psyche, if it would even work. But they don't have the time, $, or resources to do that. So for that, I'm pretty sure the purists are safe... for at least a good while longer...
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 03/11/2011  12:32 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
Are colored Canadian coins in circulation, or are they primarily proof/set coins?

In the US, they could inspire many people to start collecting. On the other hand, that would add to the production costs.

Consider this, if the mint produces $50,000 in colored coins and half of those are saved in collections, that's basically giving the government a loan of $25,000 that may or may not ever need "paid" in monetary value to the public.
Edited by Fuzzy317
03/11/2011 12:43 am
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eaglefoot's Avatar
United States
6326 Posts
 Posted 03/11/2011  12:35 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
cringe and not buy for me too.....

My albums/folders would just "stop" where they were.....happily.

I would then become a strictly "Classic" coin collector, starting with THAT particular year, and never go beyond.
No more Ultra Moderns, if it happens, that WOULD be the final straw from my viewpoint.

I'd also just appreciate more of what I have.....and start really focusing on the "old" Classics..... the "medium realm" Classics....and what would THEN be..... the "Modern Classics"......

OHH ! GOOD GRIEF !! ....... I'm GOIN' TO BED NOW ! .....
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Dottir's Avatar
Canada
864 Posts
 Posted 03/11/2011  02:34 am  Show Profile   Bookmark this reply Add Dottir to your friends list Get a Link to this Reply
Me Canadian

I think I'd like our coins better if the metal were actually coloured, but instead the color looks like plastic stickers applied to the coins and to me they do look, well, a bit tacky

I personally prefer pure metal and think color would be very cool IF it was the metal itself. Applied TO the coin, and the quality of what they apply, kind of puts me off. People do collect them as far as I know. Maybe just because they're there?

For the record, I don't know if colorized coins were ever released to general circulating change, but I do find them in change or rolls.

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colosfj's Avatar
United States
90 Posts
 Posted 03/11/2011  03:09 am  Show Profile   Bookmark this reply Add colosfj to your friends list Get a Link to this Reply
If I want colors I would be buying comic books or sports cards.
Give Me Metal or Give Me Death

Oh I forgot to vote

Cringe and not Buy

Better yet collect as many as possible and melt them down in to a big lump of Slag.
Edited by colosfj
03/11/2011 03:14 am
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John1's Avatar
United States
56855 Posts
 Posted 03/11/2011  06:36 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
The only good thing I can see coming from this is that it "might" bring more new collectors to our hobby.IMHO
John1
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Chriscoinmaster's Avatar
United States
337 Posts
 Posted 03/11/2011  10:35 am  Show Profile   Bookmark this reply Add Chriscoinmaster to your friends list Get a Link to this Reply
I have found a few colored or coloured canadian coins in circulation in buffalo ny
I put them into 2X2's just because they are different
I also saved the Buffalo Bills set someone broke open which has Buffalo Bills players painted on the front of the new york State Quarter
I'm a bills fan though so I had to save them
(no bills jokes, we will have our day)
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Billie's Avatar
United States
592 Posts
 Posted 03/11/2011  10:49 am  Show Profile   Bookmark this reply Add Billie to your friends list Get a Link to this Reply
It would do damage to the hobby much as the usps has killed modern stamp collecting.

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SPQR's Avatar
United States
327 Posts
 Posted 03/11/2011  11:03 am  Show Profile   Bookmark this reply Add SPQR to your friends list Get a Link to this Reply

Quote:
It would do damage to the hobby much as the usps has killed modern stamp collecting


If they supplanted the regular mint sets, yes.
If they were offered separately, no.
They'd probably sell, but not well and would most likely be dropped in a year or two.
Honestly, I don't know why the mint hasn't started offering these yet.
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jbuck's Avatar
United States
187582 Posts
 Posted 03/11/2011  11:27 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Cringe and not buy them

I will never, ever, ever buy a colourized coin. Never. They have no place in my world.

I doubt our mint would ever do it, but do not hold me to that.
Bedrock of the Community
United States
20753 Posts
 Posted 03/11/2011  11:42 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I doubt our mint would ever do it, but do not hold me to that.


Your kidding of course. Look what the government did with US Postage stamps. From movie stars, everything that ever moved and even if you submit and pay for, your own picture on one.
Our Mint has already well started on their way to doing that and more. The State Quarters, Bicentennial Quarters, Westward Jounerey Nickels, 20 different 2009 Lincoln Cents, All sorts of baby sized dollar coins that no one wants and more commemoratives than can be cataloged. With so many private companies already doing coloring of coins and the DO SELL on TV, our Mint surely will join in soon.
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carmykle's Avatar
United States
2448 Posts
 Posted 03/11/2011  11:44 am  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
"Colorized coin...I don't need no stinkings colorized coin mon!" I'm still trying to get used to some of the gold on silver stuff.
Edited by carmykle
03/11/2011 11:45 am
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jbuck's Avatar
United States
187582 Posts
 Posted 03/11/2011  11:56 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Your kidding of course.
No, I am not.

Why would they spend the effort to install and learn a new process when they can just keep doing what they are doing with all the different designs and commemorative issues?

Again, I could be wrong, but I personally doubt they would ever go there.

My reasoning is that the after-market companies would be competing with them. There would be a whole controversy about "counterfeits" and our lawsuit-happy society would make it a bigger mess.

Yeah, I say, no chance they every do it.
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lincolncentguy's Avatar
United States
809 Posts
 Posted 03/11/2011  1:01 pm  Show Profile   Bookmark this reply Add lincolncentguy to your friends list Get a Link to this Reply
Cringe and not buy them!
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