I have not posted, nor purchased anything in quite some time. I was looking over some of the stuff for sale on the RCM's website. Expensive, I know, but they have a lot of low mintage stuff, 8,888-15,000 pieces. Thing is, tons of their coins are basically "For sale in Canada only".
No, they do not. Canada, as a sovereign nation can elect to do whatever it wants. The Royal Canadian Mint is a Crown Corporation owned by the federal government and can restrict sales to Canadian citizens and residents if it so pleases.
Well I did buy this: http://www.ebay.com/itm/281479925062?_trksid=p2059210.m2749.l2649&ssPageName=STRK:MEBIDX:IT Only 2,500 struck, 25 in population.
Does that 'population' figure refer to the number of items the graders have seen? An obvious explanation for low population figures on modern coins is simply that no one but an idiot would bother to pay for grading what is essentially a brand new bullion coin that already has a plastic box. You will also get very low population figures for any coins not generally collected in the US as nowhere else in the world would collectors find the idea of 'third party grading' anything but a puzzling waste of money and time. The coins themselves might be as common as cowpats, what the population figure is measuring is the fools to coins ratio for that issue, since most non US people owning them would be more than happy to have their coins naked. As for the Canadian Mint, they probably can't be bothered with experting stuff to anywhere, not just the USA. Much like the majority of US ebay sellers, but the other way round.
Why? In a nutshell, he wrote that instead of a Canadian coin that the RCM will not ship to the US, he bought the ¼ oz silver Britannia. Now the title of this subject is silly, but that's about it, I think. Christian
Ideally one would think this, but over 1.8 million Silver eagles have been graded just through PCGS alone. The population isn't really special, I simply included it because it was in the title of the eBay listing. What makes the piece cool, is the fact only 2,500 were struck, yet by no means rare in the sense of value. There are tons of Crown Coins that have very low mintage figures, you have the Newfoundland 50 cent coins with mintages on several years running below 80,000, and Maundy coins of the UK, which can have mintage figures under 1,000. Neither are worth as much as a 1909-S VDB Cent which had a mintage of 484,000, or the 1916-D dime, with a mintage of 264,000. Right now there are over 400 1909-S VDB cents on eBay. This is one of the reasons I switched to collecting world coins. Sure, low mintage coins may not be as valuable or as collectible as the key dates of their American counter parts, but it does give a sense of joy to own coins with mintages of less than 1,000.
By the way, the Canadian Mint seems to be really selective when it comes to who they love, and who they hate, and when they love or hate someone. When I go to mint.ca, I get to see the "We ship to Germany" alert (based on my IP adress, I guess), but then I see lots of restrictions, the most common one being "Canada and US only" (emphasis by me). Oh well, up to them. As for low mintage items, for the Canadian Mint a high volume would, in many cases, not make much sense. They are after people who find a particular coin or series attractive, and do not expect people to buy each and every new issue. Christian
Canada has always hated us. They've been mocking our coining methods for decades with those medal alignment strikes.
Just like you guys, we can be selective. Some creatures and policies we dislike, others we embrace. You guys have enough internal turmoil, to worry about what a few Canucks think. We have bigger fish to fry, than some yank named Tim with an opinion...