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2012 Canadian .999 fine Silver Proof Set

GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭
in World & Ancient Coins Forum
What do you guys think of this set? Max Mintage is 20,000 and all (8) coins are .999 fine silver

2012 Canadian Proof Silver Set

Buy or pass at $225 US & only 20,000 sets world wide image

But ALL Coins are .999 silver even the penny and nickel

Just wondering,,, GrandAm image
GrandAm :)

Comments

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    pmacpmac Posts: 3,189 ✭✭✭
    They have a USD converter and the price is $225.96.image
    Paul
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    YQQYQQ Posts: 3,456 ✭✭✭✭✭
    20 k does not mean much for the RCM.
    just check around what price level others are with similar issues...
    they just change a bit on the dies , or find (already probably have) a way to issue the coins individually and voila... we have another edition...
    so it is 999 silver....big deal...
    BUT what weight???
    there might be a short term buying storm...20K wowwww only... and in a while you can buy them for less than issue price.
    RCM is playing successfully on the numbers.. they have for a while. It appears the European market is soft right now.. so they push it at home...Why not....??
    It boils down to this: you either like the issues or do not..
    Silver will have to increase drastically to recover your $$$
    Just MHO
    h
    Today is the first day of the rest of my life
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    GolfguyinTXGolfguyinTX Posts: 41
    I like that set but I like the Libertad set better for less money. The Libertads Mintage's are lower and growing in popularity.
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    PokermandudePokermandude Posts: 2,713 ✭✭✭
    The only modern stuff I like these days are pure bullion and semi-collectible bullion at a tiny premium (eg RCM wildlife series, not Kooks or Pandas).

    I know all too well what happens to the value of modern mint sets like that. Far worse than driving a brand new car off the lot.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
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    DoubleEagle59DoubleEagle59 Posts: 8,431 ✭✭✭✭✭
    I agree, these low mintages sets from the RCM are nothing but bullion.

    Maybe in a 100 years from now they'll be worth a premium, but who really cares what happens in 2112?
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    candy2012mustangcandy2012mustang Posts: 479 ✭
    I dont like the gold pating.. in a few years the funny toning on these coins will look like old franklin mint GP stuff...
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    GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭
    Well I like the .999 Silver Cent and Nickel so I ordered a set. They have charged my card so hopefully it will be shipped soon. image

    GrandAm image
    GrandAm :)
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