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  #1  
Old 02-16-2012, 07:05 AM
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captainpooby captainpooby is offline
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Default What do you think of this proof set from the Canadian mint?

All coins are fine silver, mintage of 20,000. The big thing is the penny. I don't think there has ever been a silver penny so having 1 of 20,000 Canadian silver pennies could be a big deal.



I am not a collector and I could be wrong about the penny but maybe someone here with more knowledge can chime in?

http://www.mint.ca/store/product/coin_exchange.jsp?itemId=prod1230006&sp_rid=NjU4OD E4OTI3MAS2&sp_mid=3690535
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Old 02-16-2012, 10:05 AM
digbird digbird is offline
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Expensive silver Penny. Yes, you are right, is a silver proof penny, the first of it's kind. Then you need the copper penny from the annual report with it's gold plated leaves. Would make for a nice subset. But wow, the initial price is high.
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Old 02-16-2012, 10:35 AM
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captainpooby captainpooby is offline
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Expensive yes but perhaps a shot at 1 of 20k never before made or never again to be had pennies. Plus there is 2.08 oz silver in the set.

Then again, if they start doing a silver penny every year...
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Old 02-16-2012, 11:26 AM
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jackrabbit jackrabbit is offline
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Quote:
Originally Posted by captainpooby View Post
Expensive yes but perhaps a shot at 1 of 20k never before made or never again to be had pennies. Plus there is 2.08 oz silver in the set.

Then again, if they start doing a silver penny every year...
Low mintage for these coins mean almost nothing with these coins. If you look at there offerings, almost all are very low mintage, that doesn't make them valuable.
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Old 02-16-2012, 11:53 AM
coindog coindog is offline
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Default worth a shot

I would go for it if i was up north. worth a shot at a big upside even if only for a short time as often happens right after a sellout.
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Old 02-16-2012, 01:39 PM
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ibex66 ibex66 is offline
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I realize its a numi set, for approx 64 grams (about 2 troy ozs) of silver a price 4x silver face seems way high. 3x POS seems the norm for silver numi collectibiles.
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Old 02-17-2012, 10:27 AM
GreaterFool GreaterFool is offline
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Quote:
Originally Posted by captainpooby View Post
Expensive yes but perhaps a shot at 1 of 20k never before made or never again to be had pennies. Plus there is 2.08 oz silver in the set.

Then again, if they start doing a silver penny every year...
If they do it every year, that would mean its popular and mintages would go up. This is good for the low mintage years, and especially the initial run, if people want to collect the series. But 20k does not really seem like a low mintage to me given the price.
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Old 02-23-2012, 09:37 PM
diktator diktator is offline
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Don't know if anybody else received one yet but this set is spectacular! Expensive, yes but spectacular nevertheless! I have no words for how nice that penny is! Kudos to the RCM
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