CERTAIN COLLECTIONS WILL BECOME IMPOSSIBLE TO BUILD posted by Augustus

[CSJournals-migration]

As time goes forward, certain collections will become impossible to amass on the registry sets, as the number of coins in each set grows, and mintages continue to dwindle.

 

Merry Christmas everyone!

 

Certain registry sets, going forward, look as though they will be increasingly impossible to build moving forward. A few I can speak to, in particular, are some of the Canadian commemorative and bullion sets.

 

The Maple Privy Set, for example, is one of my favorites. Every year, the Mint adds four or five new coins to this set. The mintages are always low, and purchasing top grade coins for this set (if you can even find them) is often a $200-$500 affair. My set is not yet complete, but has easily cost me close to $20k.

 

Even larger Canadian commemorative sets, such as the silver prrof $1, $5 and $20 complete sets are enormously lengthy as to the number of different types of coins available for each set. High grade examples will cost you $200-$500. With hundreds of coins required to fill each set, you are looking at quite possibly a six-figure venture for a top set. Furthermore, the Mint quite often issues 10-15 new issues in these sets every year.

 

So going forward, it will be very difficult to amass full top registry collections for these set types moving forward. My hats off to OckDay, Martens, JWillie, Dan Hughes, and Jormaka for their incredible sets in these categories.

 

My New Year will include filling the following sets:

 

- Canada $5 Bullion Issue Maples

- !!! Canada $5 Privy Mark Maples !!!

- Canada 1 Cent Circulation issue 1953-2012

- Canada 50 Cent Circulation issue 1968-2015

- Canada Silver $20 Natural Wonder Series 2003-Date

- Silver $5 Commemorative issues Complete 1998-Date

 

See more journals by Augustus

[Ultra Cameo Collection]

You know when you use the word impossible, that it will inspire someone to strive to achieve. I know when I am told I can not or will not achieve something it just makes me want it even more.

[Richard H]

Well said, if it was all easy anyone could do it. That's the fun of collecting, the dream and the goal.

[Mr Bo Jingles]

I love the RCM even exchange coins . It is a great way to enter the world of collecting for investment with really no risk. We're purchasing them for our Godkids and if they go up on the collector market they're winners and if they don't they are always worth face value. With today's interest rates on savings accounts and CD's I think the even exchange coins are a pretty good choice.

[jpcienkus]

I'm a fan of the Maple Leafs. I'm collecting them raw and putting them in a Dansco. I don't get caught up in having all the Privy marks, but some are just cool, like the Royal Canadian Mounted Police Privy.

 

The Canadian Mint issues so many new bullion coins per year, it's very difficult for average income collectors to keep up.

 

[Dan Hughes]

Hi Augustus,

You are so correct. It has taken me decades to amass the coins I have but the last few years, especially with the RCM and Perth Mint, the number of coin varieties they are spitting out is ridiculous. I think I have a preety good collection but when I went through and calculated what it would take to just fill the balance of the Canadian coins I still need, it's over 600. When you look at $100-$200 per coin, that's between $60-$120K. I hope I win the lotto soon because I just can't keep up.

On the other side of that argument is the fact that I love the hobby and enjoy it as such. Good luck with filling your sets!

-Dan Hughes