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 Replies: 13 / Views: 5,379 |
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Valued Member
Canada
242 Posts |
priced around 2400$, for 1 kg, at 999 mintage, a bit expensive but with the popularity of our maple leaf 1 OZ, this should go way up....what do you all think about that price, it would probably never loose its value, what do you all think... i am tempted on getting 1  |
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Valued Member
South Africa
169 Posts |
 . My calculation is that 1kg of Gold is 32.15075 Troy Oz. That will equate to $1,535 per TrOz * 32.15 = $49,351.40 at this mornings price. So whoever is trying to ofload a 1 KG pure Gold piece for a mere $2,400 is setting off huge alarm bells in my head. At that price, I will take it all  |
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Valued Member
Canada
94 Posts |
I think the coin is going to be our first 1kg SILVER maple. ;-)
Judging by the current price of silver that would be about 1200$ worth. :P
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Valued Member
Canada
55 Posts |
Received flyer from the Mint today, went to the website: Sold out.
It was not on the website last night.
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Valued Member
South Africa
169 Posts |
Ahhh, Silver Maple, that makes sense  |
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Pillar of the Community
Canada
1051 Posts |
The mint seems to shoot for a 100% markup on it's bullion, so that's right in line with the usual. I remember falling in love with a beautiful 1kg proof Libertad at the 2009 RCNA show, but being offended by the $1500 price tag. My, how things change in a couple years. |
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Valued Member
South Africa
169 Posts |
Think that will be a beauty to own, Man what a size for a coin.
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Pillar of the Community
Canada
1502 Posts |
New member signing in! With a name like "maple leaf forever" and tri-maple leaf design taken from the penny, makes one wonder if this coin is RCM's way of saying the penny's here to stay for good (or prematurely commemorating its loss) |
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Pillar of the Community
Canada
1581 Posts |
Sold out of a 999 mintage (quite high for such a high-value item)
Bullion coins will always be treated as such by dealers purchasing them back (except for the true rarities). So, people are taking a 50% loss right away and looking at needing a doubling of the price of silver to break even. A dumb investment that could at least be partially justified by a normal numismatic work of art. While this one is rather deliberately pedestrian.
Trying to get numismatic margins from a bullion offering is bad news. The mint should be happy with a nice markup for a flow through of precious metals, and not gouge like this.
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Valued Member
 Canada
242 Posts |
yea! I know what your talking about but, the dealers are selling these at high prices too, looks like they are selling them, they should put a clear line between bullion on coins...but in my book they are all the same...LOL, I love them all...
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Pillar of the Community
Canada
1502 Posts |
at ~$70/oz for this kilo silver coin, it's not too far away from privy marked silver maple leafs. Though it's true that bullion dealers will not pay more than silver value, there's always still the slower option of selling on ebay |
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Pillar of the Community
Canada
1502 Posts |
Got mine this week! A real beauty and my first kilo silver coin, so was pleasantly surprised by the size. Have a bit of an issue with the capsule, but otherwise the coin is rather impressive.
Pictures to come.
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Valued Member
Canada
153 Posts |
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Pillar of the Community
Canada
1502 Posts |
 1 oz coins are dwarfed by its big brother Edited by poboxw
07/04/2011 11:23 am
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Replies: 13 / Views: 5,379 |
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Posted 05/29/2011 8:43 pm
