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 Replies: 14 / Views: 3,564 |
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Valued Member
Canada
227 Posts |
I find the $19.95 coin gift sets are on sale in post offoce now. There are 7 coins in the gift sets, including a colorized quarter.
year 2008 and earlier: 75% off
year 2009: 60% off
year 2010: 50% off
Is it worth to buy these sets?
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Pillar of the Community
Canada
899 Posts |
 ...to the forum. IMO it is not worth while for those gift sets as I do not see any increase in value... If it is for personal ( family )...where no investment value is expected...by all means as the value here is family and not the coin set.. |
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Valued Member
 Canada
227 Posts |
Thanks for the feedback.
There is a colorized quarter in the gift set and the mintage is low for the colorized quarter (usually between 40000 - 50000). Does it mean that the colorized quarter has no investment value even with low mintage? Or it is a practice that we do not treat colorized coins as collectable items.
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Valued Member
Canada
103 Posts |
in my opinion, a mintage of 40,000 is not low for an item that is intended to be kept and preserved. If that mintage was for circulating coins, then it's a different story. How many Canadian coin collectors are there? My guess is that it's less than 40,000. And of those collectors, how many collect every mint giftware issue? My guess is that most serious Canadian coin collectors don't. So, I agree that there is little hope of appreciation of these sets.
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Valued Member
Canada
227 Posts |
Thanks for Yoda's feedback. Now I have another question about circulating coins. Is the colorized quarter circulating coins or not? I thought the colorized quarter is just like the 3 red moments olympics quarters, so the colorized quarter in gift sets should be treated as circulating coins as red moments quarters, red poppy quarters and pink ribbon quarters.
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Pillar of the Community
 Canada
9866 Posts |
Some sets have colored quarters that are not circulation strikes
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Pillar of the Community
Canada
650 Posts |
If you like it buy it , if the original price is 19.95 and you can get 75% off it should tell you something about the demand.
I would not buy as an investment, but there is close to $4.00 in real money.
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Valued Member
Canada
103 Posts |
that's interesting...I hadn't thought about the prospect that soon you might be able to buy those sets for close to face value!
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Valued Member
Canada
227 Posts |
ha, just bought one at $4.99 for my wife as a wedding souvenir.   |
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Pillar of the Community
Canada
617 Posts |
I have to say that 7 uncirulated coins at 3.91 face value for 5 bucks is a good deal no matter how you cut it.
...just my opinion.
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Pillar of the Community
Canada
617 Posts |
By the way if you check out Colonial Acres you will see that they are selling the quarter from this set for $15.00.
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Valued Member
Canada
227 Posts |
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New Member
Canada
5 Posts |
Which post office? Was it a main branch or just in a regular corner store?
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Valued Member
Canada
227 Posts |
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Valued Member
Canada
278 Posts |
I never thought about post offices as a source for coins.  There is much to learn about this hobby still. I know where I am going tomorrow! |
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Replies: 14 / Views: 3,564 |
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Posted 08/06/2011 10:14 am
