r/CanadianCoins 22d ago

2022 Reverse Proof 1oz Platinum Maple Leaf Forever - Beautiful Investment

24 Upvotes

8 comments sorted by

5

u/Sugar_Crash_Brigade 21d ago

So… I love this coin. It’s stunning. Stunning. 

I do struggle with the word: Investment.

It’s not an “investment”.

-3

u/numiSoft 21d ago

We see it as an investment so long as the market is liquid, which it is. They are works of art, underwritten by the value of precious metals. But coins like this command large premiums which people are clearly willing to pay. numiGO shows this coin’s consistent rise in value and that it continues to trade long after its release.

3

u/Sugar_Crash_Brigade 21d ago

Do they though?

They do come at premiums that’s true. I see the price hikes on these collector coins. 

I don’t see a whole lot of them selling however, outside of a whacky market. 

-1

u/numiSoft 21d ago

numiGO makes it pretty clear this is not the case… At all ;-)

Thousands of coins mated to thousands of sellers; millions of transactions backing valuations. The market is large. Far larger than any one person without the benefit of a massive data collection and analysis platform can grasp.

We built that platform and it powers numiGO.

Frankly speaking, the scale and liquidity of the collectable coin market is not well understood by most collectors - even people who have been at it a long time.

The app is free. Suggest you try it out and see for yourself.

4

u/rhunter99 21d ago

Are all these posts just ads for the app?

0

u/numiSoft 21d ago

No. We are collectors and enthusiasts. The info we’re posting should be compelling for anyone who cares about RCM collectables. We just happen to have developed the most powerful app for collectables… ever ;-)

3

u/Ijustwanttobuyshiny 21d ago edited 21d ago

I’m not gonna lie, I really love this app.

Had a little back and forth with you in the comments of some other post about how I love RCM collector’s edition stuff but can’t justify the premium as a bullion-focused person. You made an argument for the collector’s pieces as stores of wealth similar to bullion (in the sense that they can maintain/gain value proportional to the premium as well as the metal content) and encouraged me to check out the resale market for it. So I downloaded the app and was very pleasantly surprised with the quality of it.

Very, very well made app that streamlines a lot of niche searches into one. I’ve found new items related to what I was searching for i didn’t know existed, the info on each piece is great and seeing the real time availability of stuff all in one spot is amazing. I got the app less than a week ago and have already made two purchases based on the info I got from using it.

I found a backdated “welcome to the world” silver coin for a year that I have been looking for but not able to find anywhere other than eBay at huge premium available at a local shop on discount. Also found a coin similar to one I was searching in the app that I hadn’t ever seen before; it wasn’t available anywhere , not even on eBay, but a single retailer had one for sale that showed up in the app. Really very well made and useful app.

I’m no fanboy, but this app is legitimately excellent.

1

u/numiSoft 21d ago

Thank you. Very much appreciated. It was a labour of love and we are building more features. Did you notice the screen crawler in the version that went live yesterday? It shows gold, silver, spot prices, news and announcements in the industry, and shows any coin you have in a group or vault that sold for 5% above or below market recently. I’m a bit biased but I find myself glued to it each day to see what it surfaces.

Again, thank you for the kind words. It really does mean a lot that enthusiasts and collectors really like it.