Too Many Canadian Coins (Or so someone says) by Iowa Silver Baron Bammer

[CSJournals-migration]

A continuation of my journal entry from 11/4...

 

Yes, this is a continuation of my journal from a few days ago. The impetus for this entry was an editorial (I think) that I read a couple of years ago. The writer's point was there is just too many Canadian coins being produced and that the RCM should have to cut back.

 

 

 

My feelings on the editorial are simple. Why would anyone complain about our great hobby, especially to complain there is too much of something. My point here is, unless my name is Eliasberg or Bass, I'm never going to be able to afford a copy of every single coin. So what can we do?

 

 

 

Speaking for myself, I have to decide on limits. What do I want to collect (I've never met any coin or piece of currency I don't like) and how much can I spend? Really, right now, the amount I can spend will be very simple to calculate, I have about an average of $850 of expenses every month. So, approximately 1/4 of the excess of that per month will be my limit. Ok, then what to collect.

 

 

 

For examples here, I grew to love the Morgan dollar because my dad had saved several Morgans and Peace dollars. I think he loved, as I do, the feel of these big pieces of silver. Also, back when I was kid of 9 or 10 and was collecting, I thought the Liberty Nickel was the coolest thing since sliced bread. I still like them, along with Buffalo Nickels, Indian head cents and I've acquired an appreciation for the Large Cents and Half Cents. Competitive registry sets would too prohibitively expensive for me, so my solution is simple. I'll either do some type sets, or use the Collectible Coin sets which only allow AU and below to be in the sets. Some of the coin series I like are fairly reasonable in grades of Fine to Extremely Fine. Or I can pick one really nice example of some of the coins I love and make a type set.

 

 

 

This will be my goal for the next few years and I'm hoping to be able to report on my journey for many years to come. Thanks for reading. My picture for this entry is a scanned picture of the Canadian $10 silver commemorative of the first Canadian banknote.

 

See more journals by Iowa Silver Baron Bammer

[RWB]

Are you referring to commercial coins or NCLT sold to suckers?

[Iowa Silver Baron Bammer]

I mean commercial, like the one I have shown. I figure any coin or set that is listed as a registry choice are good to go.

[RWB]

The one illustrated is sucker bait. It's not a real piece of circulating coinage.

[Iowa Silver Baron Bammer]

I'm sorry but I must disagree. I treat the coin pictured the same way I would treat the American bullion Walking Liberty coins or any American commemorative coin. There is a place for these types of coins. And besides, if someone likes them, who among us is so worthy to judge how someone spends their money for coins?

[RWB]

"I treat the coin pictured the same way I would treat the American bullion Walking Liberty coins or any American commemorative coin."

 

Yes, I agree...mostly sucker bait. I thought you meant real coins that people used in daily life or that circulated as money.

 

If you mean is Canada making too many of these NCLT things -- yep. US mint does too, just not quite as bad. They are like "commemorative spoons" or "souvenir" Eiffel towers....

[Iowa Silver Baron Bammer]

Then according to your reasoning, I won't buy any current circulating cents, nickels, dimes, quarters, halves or dollar coins. They're made with base metals that have no value except what the government tells us. I would much prefer a silver commemorative than any current circulating US coin. I guess my feeling is if you have a problem with this, then it's your problem and not mine.