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RCM Flooding the Collector Coin Market

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Augustus 70

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Does anyone else feel that the Royal Canadian Mint is flooding the collector coin market?

The Royal Canadian Mint has been issuing 100s of collector coins since 2005, some of them quite questionable as to what they are even commemorating. Superman, wolves, cougars, obscure legends/stories, random animals, buildings, leaves and trees, hockey logos, snowflakes ... I mean it is all a little ridiculous. I think this is eroding collector value, as many collectors feel disillusioned with everything that the Mint is producing (and in many different denominations).

 

 

 

Do you all think that the Royal Canadian Mint, Perth Mint and New Zealand Mint (Niue) have gone too far with their silver collectibles?

 

 

 

They are starting to remind me of the Pobjoy or Franklin Mints ... in that they are taking advantage of silver's recent rise to flood the market with coins.

 

 

 

I like the RCM, and their coins, and I am going to work hard to fill a few sets ... but I am thinking that maybe I should refocus on decimals to preserve the value of my collection?

 

 

 

Now that the price of silver has tanked, do you think they will be scaling back?

 

 

 

 

 

 

 

JG

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