maples on ebay at $900

[purgatori]

just flicking through ebay looking for some bargins lol and came across 25x 1oz maples 2010 selling for $900 wow thats amazing price item 320631684962 it wasnt long ago i bought a tube of 25 for $645
almost tempted to put mine on what do you think

 

[Guest]

It's a gamble.

These prices are due to a shortage of physical out there to buy (for maples) at present. Drutter has been talking about supply in and around Vancouver dried up, so I am not surprised to see some enterprising individuals cashing in.

I can see regular supply of maples being back early in 2011 so if you can get a 50% increase on your sale price, I'd say go for it - you can easily convert your profit into localised silver at a profit.

Maples are not numismatics (well most are not), so if people are willing to pay a premium, then why say no?

 

[dccpa]

just flicking through ebay looking for some bargins lol and came across 25x 1oz maples 2010 selling for $900 wow thats amazing price item 320631684962 it wasnt long ago i bought a tube of 25 for $645
almost tempted to put mine on what do you think

Something odd must be going on. Because they are the main source I follow that still has any, I track my Canadian Timber Wolf coins at Apmex. They were selling about 20 of the 25 coin Wolfpacks each day. Suddenly, they acquired about 100 packs and now the selling has declined tremendously. They now have more Wolfpacks than Maple Leafs.

 

[purgatori]

also just seen 1x2011 maple selling for $60 wow big premium on that one

 

[silverAM]

It's a gamble.

These prices are due to a shortage of physical out there to buy (for maples) at present. Drutter has been talking about supply in and around Vancouver dried up, so I am not surprised to see some enterprising individuals cashing in.

I can see regular supply of maples being back early in 2011 so if you can get a 50% increase on your sale price, I'd say go for it - you can easily convert your profit into localised silver at a profit.

Maples are not numismatics (well most are not), so if people are willing to pay a premium, then why say no?

The 1997 ones have a hefty collectors premium,as only 101,000 or so of them were ever minted .-compare that to the amount minted in 2009!

Year Mintage
1988 1,062,000
1989 3,332,200
1990 1,708,800
1991 644,300
1992 343,800
1993 1,133,900
1994 889,946
1995 326,244
1996 250,445
1997 100,970
1998 591,359
1999 1,229,442
1999-2000 dual date included in 1999 figure
2000 403,652
2001 398,563
2002 576,196
2003 684,750
2004 680,925
2005 955,694
2006 2,464,727[3]
2007 3,526,052[4]
2008 7,909,161[5]
2009 9,727,592[6]

http://en.wikipedia.org/wiki/Canadian_Silver_Maple_Leaf#cite_note-charltonp434-0

 

[JulieW]

I thought Maples were a purely bullion proposition.

 

[Matthew 26:14]

Still massive mintages compared to the Lunars, kooks or koalas.

 

[goldpelican]

Well actually the 1997 Maple is rarer than a 2000 Series I Lunar Dragon. That puts it in numismatic territory.

Actually most of those mintages <1m would be numismatic. That's the sort of payback that you hope for when buying bullion coins.

 

[silverAM]

Well actually the 1997 Maple is rarer than a 2000 Series I Lunar Dragon. That puts it in numismatic territory.

Actually most of those mintages <1m would be numismatic. That's the sort of payback that you hope for when buying bullion coins.

Here is a 1 oz 1997 one at the moment on the bay,just ticked over $66 .

http://cgi.ebay.com.au/1997-Canada-...270?pt=LH_DefaultDomain_2&hash=item336409399e