Legends of Asgard: Max Relief the star of a beautiful new Odin coin

andrewlee10 said:
mmissinglink said:
Wafdawg said:
Purchased mine through Power Coin so still waiting on my order of 3. Paid $600 for the 3 with shipping. Noticed the eBay listings and no price change ($239) even though these are no longer pre-sale but are actually "available". Without question my purchases were speculation. I think I will not be profitable from these. No sale on eBay since October 22nd. No chance I will pre-order on Valkyries. I think they will be available at issue price or lower after release date if I feel compelled to complete a set in the series, if a series is actually minted.
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There is no guarantees....every purchase comes with some risk. Sometimes the risk turns to reward...sometimes it doesn't. I'm sorry to have to break the news, but that's just the way life is.


You could consider yourself very fortunate if you only recently started purchasing silver. Unlike many of us here who have been buying for a few years or more, not so many years ago we were paying double and even triple of what you are paying today for the same ounce of silver.

3 years ago, this Odin coin would have cost on pre-sale noticeably (perhaps even considerably) more than the $200 you paid....I'm sure of that.


My friendly advice, keep it in perspective.



.
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Hope not many people to buy this for flipping ;)

I am one of the flipper for this case BUIT I only buy 2. I likely to keep one.
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A couple of forum members may do some hating on me for my opinion, but this is the truth as I see it.

Everyone who has been around here for a while should realize by now that to a large degree, the popularity of and enthusiasm for a coin has little to do with the quality of the coin/product and a whole lot more to do with the level of market integration a mint has. So for example, this first coin by new-to-the-scene Choice Mint, while a very fine and high quality coin/product will almost certainly not see the demand that even the crappiest coins from the Perth Mint, like the Crap To The Future junk coins, will see. Just think about the awful junk Globs of Olympus crap that the PM put out this year....a hit for the PM, not because that crap is of good quality, but because of the market integration the PM has.

And before you make the mistake to think that I am anti-Perth Mint, I am not....I am anti-junk crap product from the PM. The PM is capable of producing much better quality than the G.O.O. coins....but instead they decided to go the route of producing the crap they did. But because of their market integration, these were (and still are?) very popular coins....hence the ability of people to readily flip them for a hefty profit (from what I'd been seeing earlier this year).

There's nothing evil about the PM having the superior market integration it does....it's simply a result of their long history and business savvy....their people are some of the smartest people I've seen in the coin and precious metals marketplace.



.
 
mmissinglink said:
andrewlee10 said:
mmissinglink said:
There is no guarantees....every purchase comes with some risk. Sometimes the risk turns to reward...sometimes it doesn't. I'm sorry to have to break the news, but that's just the way life is.


You could consider yourself very fortunate if you only recently started purchasing silver. Unlike many of us here who have been buying for a few years or more, not so many years ago we were paying double and even triple of what you are paying today for the same ounce of silver.

3 years ago, this Odin coin would have cost on pre-sale noticeably (perhaps even considerably) more than the $200 you paid....I'm sure of that.


My friendly advice, keep it in perspective.



.
Click to expand...


Hope not many people to buy this for flipping ;)

I am one of the flipper for this case BUIT I only buy 2. I likely to keep one.
Click to expand...


A couple of forum members may do some hating on me for my opinion, but this is the truth as I see it.

Everyone who has been around here for a while should realize by now that to a large degree, the popularity of and enthusiasm for a coin has little to do with the quality of the coin/product and a whole lot more to do with the level of market integration a mint has. So for example, this first coin by new-to-the-scene Choice Mint, while a very fine and high quality coin/product will almost certainly not see the demand that even the crappiest coins from the Perth Mint, like the Crap To The Future junk coins, will see. Just think about the awful junk Globs of Olympus crap that the PM put out this year....a hit for the PM, not because that crap is of good quality, but because of the market integration the PM has.

And before you make the mistake to think that I am anti-Perth Mint, I am not....I am anti-junk crap product from the PM. The PM is capable of producing much better quality than the G.O.O. coins....but instead they decided to go the route of producing the crap they did. But because of their market integration, these were (and still are?) very popular coins....hence the ability of people to readily flip them for a hefty profit (from what I'd been seeing earlier this year).

There's nothing evil about the PM having the superior market integration it does....it's simply a result of their long history and business savvy....their people are some of the smartest people I've seen in the coin and precious metals marketplace.



.
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yeah, never understood the back to the future colorized thing. As you say, I too think those things are crapola. but just my opinion of course. I'm all for slow steady climb with the Odin's. Their timing was bad, because of the other odin and Viking coins...but these will win out in the end. IMHO
 
mmissinglink said:
andrewlee10 said:
mmissinglink said:
There is no guarantees....every purchase comes with some risk. Sometimes the risk turns to reward...sometimes it doesn't. I'm sorry to have to break the news, but that's just the way life is.


You could consider yourself very fortunate if you only recently started purchasing silver. Unlike many of us here who have been buying for a few years or more, not so many years ago we were paying double and even triple of what you are paying today for the same ounce of silver.

3 years ago, this Odin coin would have cost on pre-sale noticeably (perhaps even considerably) more than the $200 you paid....I'm sure of that.


My friendly advice, keep it in perspective.



.
Click to expand...


Hope not many people to buy this for flipping ;)

I am one of the flipper for this case BUIT I only buy 2. I likely to keep one.
Click to expand...


A couple of forum members may do some hating on me for my opinion, but this is the truth as I see it.

Everyone who has been around here for a while should realize by now that to a large degree, the popularity of and enthusiasm for a coin has little to do with the quality of the coin/product and a whole lot more to do with the level of market integration a mint has. So for example, this first coin by new-to-the-scene Choice Mint, while a very fine and high quality coin/product will almost certainly not see the demand that even the crappiest coins from the Perth Mint, like the Crap To The Future junk coins, will see. Just think about the awful junk Globs of Olympus crap that the PM put out this year....a hit for the PM, not because that crap is of good quality, but because of the market integration the PM has.

And before you make the mistake to think that I am anti-Perth Mint, I am not....I am anti-junk crap product from the PM. The PM is capable of producing much better quality than the G.O.O. coins....but instead they decided to go the route of producing the crap they did. But because of their market integration, these were (and still are?) very popular coins....hence the ability of people to readily flip them for a hefty profit (from what I'd been seeing earlier this year).

There's nothing evil about the PM having the superior market integration it does....it's simply a result of their long history and business savvy....their people are some of the smartest people I've seen in the coin and precious metals marketplace.



.
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I agree with you.
 
Northerncoins said:
I don't like how there is no detail on the sides, same for the wolf head,the only detail is looking directly at the front just doesn't look right to me, but other then that its ok I guess.
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Judging from the photos (thanks, barsenault!), I agree with your constructive criticism. Hopefully certain people are listening to this & more of the same found throughout this thread.

If they do, then subsequent pieces could very well be all the better..
 
Yes, certainly room for improvement and they are fully aware of that as well.

Still, I feel it's a good design, quality features, and a nicely struck coin. As I see it, I want to support this fine, first coin series effort by Choice Mint. If I had to choose, I'd rather support a small independent company that is striving for and succeeding in producing high quality products in my own country than supporting a massive mint that has fallen off the wagon too many times in a country on the other side of the globe.

Growing pains are normal for a fresh new small company...I'm okay in knowing that I am going to complete a set of the Legends of Asgard series from CM.



.
 
Gatito Bandito said:
Northerncoins said:
I don't like how there is no detail on the sides, same for the wolf head,the only detail is looking directly at the front just doesn't look right to me, but other then that its ok I guess.
Click to expand...

Judging from the photos (thanks, barsenault!), I agree with your constructive criticism. Hopefully certain people are listening to this & more of the same found throughout this thread.

If they do, then subsequent pieces could very well be all the better..
Click to expand...

Any time Gatito. My pleasure to post the pics and video. By the way, can you guys post some pictures of COINS that have 'MAX high relief' or ANY type of relief that have details on the side. I'd like to see what you are referring to. NOT MEDALS. I'd like to see a coin. Thanks in advance. :cool:
 
mmissinglink said:
...Everyone who has been around here for a while should realize by now that to a large degree, the popularity of and enthusiasm for a coin has little to do with the quality of the coin/product and a whole lot more to do with the level of market integration a mint has.
Click to expand...
SP's General Laws of Modern Collector Coins #5

(a) The quality of a coin is inversely proportional to the size and tackiness of the presentation box.

(b) The amplitude and length of the popularity wave may also be inversely related to the size and tackiness of the presentation box, but as covered in #4, popularity is not an indicator of quality.

Corollary: Coins will eventually be packaged in animatronic Christmas trees with lasers.
 
SilverPete said:
mmissinglink said:
...Everyone who has been around here for a while should realize by now that to a large degree, the popularity of and enthusiasm for a coin has little to do with the quality of the coin/product and a whole lot more to do with the level of market integration a mint has.
Click to expand...
SP's General Laws of Modern Collector Coins #5

(a) The quality of a coin is inversely proportional to the size and tackiness of the presentation box.

(b) The amplitude and length of the popularity wave may also be inversely related to the size and tackiness of the presentation box, but as covered in #4, popularity is not an indicator of quality.

Corollary: Coins will eventually be packaged in animatronic Christmas trees with lasers.
Click to expand...

you lost me. :rolleyes: :lol: :lol:
 
barsenault said:
SilverPete said:
mmissinglink said:
...Everyone who has been around here for a while should realize by now that to a large degree, the popularity of and enthusiasm for a coin has little to do with the quality of the coin/product and a whole lot more to do with the level of market integration a mint has.
Click to expand...
SP's General Laws of Modern Collector Coins #5

(a) The quality of a coin is inversely proportional to the size and tackiness of the presentation box.

(b) The amplitude and length of the popularity wave may also be inversely related to the size and tackiness of the presentation box, but as covered in #4, popularity is not an indicator of quality.

Corollary: Coins will eventually be packaged in animatronic Christmas trees with lasers.
Click to expand...

you lost me. :rolleyes: :lol: :lol:
Click to expand...

Elegant, compact wooden box - good.
Levitating plastic coconut - bad.
 
SilverPete said:
barsenault said:
SilverPete said:
SP's General Laws of Modern Collector Coins #5

(a) The quality of a coin is inversely proportional to the size and tackiness of the presentation box.

(b) The amplitude and length of the popularity wave may also be inversely related to the size and tackiness of the presentation box, but as covered in #4, popularity is not an indicator of quality.

Corollary: Coins will eventually be packaged in animatronic Christmas trees with lasers.
Click to expand...

you lost me. :rolleyes: :lol: :lol:
Click to expand...

Elegant, compact wooden box - good.
Levitating plastic coconut - bad.
Click to expand...

plastic coconut = ??? :D :lol:
 
barsenault said:
SilverPete said:
barsenault said:
you lost me. :rolleyes: :lol: :lol:
Click to expand...

Elegant, compact wooden box - good.
Levitating plastic coconut - bad.
Click to expand...

plastic coconut = ??? :D :lol:
Click to expand...


Plastic coconut coin presentation case. Yes, it's been done.


J20MwfZ.jpg


zfs1boO.jpg
 
Am i losing my marbles? I'm not sure how the coconut thing plays into the Odin coin. Can someone help me better understand. lol.
 
barsenault said:
Am i losing my marbles? I'm not sure how the coconut thing plays into the Odin coin. Can someone help me better understand. lol.
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The Odin coin is not a coconut.
 
SP's General Laws of Modern Collector Coins #12

Compactness and stackability are a reasonable indicator of longer-term demand.

Suggestion: Don't stack coconuts.
 
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