Br frankly, I am unfamiliar with Chinese Mints. Neither New Century Nor Shanghai Mint. I just gathered info from Western dealer who was unfamiliar with Chinese Mints, neither. Who got info from SK Bullion. Anyway, both are Chinese Mints and I am trusting no one now. lol.
I am not a coin dealer, so no comment on Mint Of Poland’s dealers pricing strategy. To me, there is no right or wrong. If dealers all sold Red Horse Coin for issue price with no buying limit. Flippers will get all coins and will sell them on Ebay with 200% profit, 300% profit. I still remember when I tried to buy 2016 Zeus Silver Coin from Perth Mint’s website. What a chaos at that time. Many angry customers who tried but got none and blaming Perth Mint’s selling strategy. Anyway, this is the strategy Mint Of Poland’ dealers play right now on hot coins. Does not matter if collectors like it or not.
Yep. We’ll see how it plays out in the ensuing months and years, and whether it is a good strategy. Lol. Right about the Perth. The US seems to deploy a good strategy - limit one per household, until further notice. By the way, how is the price of those Zeus pieces today? Lol. I see one sold for $200.00? That’s exactly what will happen here with the Poland mint with those who may need to or want to sell their collections...buyers beware. Lol. And those buying Ares for 2k. Ouch. Watch what happens to those when the bubble pops. Lol
I am glad that I bought most of my coins at issue prices. But sadly, does not matter which mint it is, most of my coins lose their values eventually. Ranging between 20% to 60% depreciation. This is the fate on modern numismatic coins. Only few coins that I am holding are actually appreciated in values. Ironically, 90% were Mint Of Poland’s ultra high relief silver coins. This is current trend at this moment.
If you bought all the poland mint stuff at issue price (gods, goddess, 4 horseman, etc...), you're sipping lemonade by the pool...because those pieces have sky rocketed to the moon...although I suspect they are in the tulip/bitcoin phase melt up and will come back down to earth once the hoarders release into the market...and trust me, there are hoarders...I know a few of them. I belong to a group of collectors, and the way these dealers are treating the stuff from the Poland Mint, will come back to bite them in the arse...it may not be today or tomorrow, but trust me, it will happen...anyway, nice chatting.
The truth is that there are mints in several countries which produce extraordinary coins and medals. Some of my favorite medals (because they are extraordinary in their quality of design) are produced by the Shanghai New Century Mint. The Mint of Poland has unquestionably produced extraordinary coins as well. The Mint of Paris has produced extraordinary medals for more than a century. I have many favorites from the Mint of Paris including this extraordinary medal: http://www.yorkcoins.com/kg11_-_the...he_united_states_into_the_first_world_war.htm . The Royal Mint and the RCM have both produced extraordinary coins and medals over the past century. Here's a recent stunner from the RCM that I purchased last year: https://www.ebay.com/itm/1867-2017-...058062?hash=item3af2f222ce:g:YvYAAOSwDOlbnUSQ The Mayer Mint in Germany produces what I see as arguably the most stunning series of coins in the world.....the Tiffany Art coins. A goal of mine is to be able to one day own a kilo Tiffany Art coin! I recently purchased a raw version of this Mayer Mint coin and let me tell you that in hand, it is a stunning coin in spite of the design being fairly simple: https://www.moderncoinmart.com/2017...er-colorized-proof-sh1-500-coin-ngc-pf70.html . The Japan Mint produces some extraordinary medals....look at this page: https://www.mint.go.jp/eng/buy-eng/international-eng/metallic-art-objects-eng . I purchased one of these last year (it's stunning in hand): https://www.ebay.com/itm/Japan-Nati...610235?hash=item3d56ffcebb:g:imYAAOSwcEtZkWgL Even the US Mint occasionally produces extraordinary quality products.....the ones coming immediately to mind are the recent proof Palladium Eagle and the 5 oz domed Apollo 11 proof coins. Let's keep in mind that for mint's like the US Mint, very restrictive legislation often hinders certain types of innovative minting techniques that some other mints are not encumbered by. And yet, the US Mint still has produced some extraordinary coins in spite of this restrictive legislation. I give kudos to any mint that produces high quality and I'm very happy to see that mints like the Mint of Poland are seeking to push the envelope of fine or highly detailed designs.
The Japan Mint coins are really stunning. Each design is different, not just the same animal or bird in different positions. But like all things Japanese, they are usually undervalued for some reason. https://www.ebay.com/sme/coinstoday...ent&_soffid=5266902908&_trksid=p2047675.m3794
Thank you for the link.....I have purchased medals in the past from that seller.....so I can confidently recommend that seller's service.
Not really into art coins but this proves that Japanese products are underrated. Other than food, I always buy made in Japan stuff if the price difference is not too great. My made in Japan fujitsu SH560 laptop which I bought in 2010 still works today and it is being used everyday.
