Home Forums General Discussion Favourite RCM issues

This topic contains 4 replies, has 4 voices, and was last updated by  Piles 3 months, 1 week ago.

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  • Author
    Posts
  • #83115

    Jesse
    Participant

    What are some of your favourite Royal Canadian Mint non-circulating legal tender (NCLT) coins or series?

    #83171

    tonio
    Participant

    hehe NONE
    well i could say all RCM coins if they slow down their minting presses and stop overproducing

    #83841

    pizzaman
    Participant

    Can anyone tell me how coin dealers can get away with paying 40 % for a one OZ gold coin

    #86285

    Piles
    Participant

    Canada 125 & 150 sets, silver maple leafs, face value silver coins ($20 for $20) and fractional silver sets.
    If I am sitting on the fence deciding whether to purchase a ‘hot’ item that has a mintage over 5000 and is not ridiculously expensive, I’ll wait 6-12 months and snag it for considerably less than issue price. Once purchased I realize the resale value will continue to plummet but hope that it remains strong enough so I won’t lose my shirt trying to get rid of it later if I suddenly need the extra cash.

    #86287

    Piles
    Participant

    Pizzaman, if you are being offered 40% for a bullion item don’t take it, find another dealer who will gladly pay 75-80%.
    If it’s an NCLT precious metal product already priced at 4-6 times the intrinsic value that you are peddling, the risk is yours.

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