Country boy needs Canadian advice.

[0000PaleHorse0000]

My Canadian Numi friends,

I am a mere greenhorn in USA Numismatics and coins in general. Accordingly, I'm just a country boy in the US, and I am acquiring coins from all over the world, including many Canadian coins from my father, who is a long time ( 50+ years and counting!), coin collector who gave me the coin bug, including a very small fraction of his collection. I have truly come to appreciate Canadian currency and decided that I would like to diversify my palate and begin investing in some new coins, especially commemorative Canadians.

I'm not one to step into things I know little about, but decided to be adventurous and recently purchased some 2011 Canadian "Canoe" commemorative coins @ $31.00 USD, including shipping. I've been kinda back and forth on the coin and was wanting some advice about post purchase. I absolutely love the coin and the design, especially the meaning behind the art and design. I also love the fact that Canada was the first to do the "$20 for $20" trade off and the fact that it's incorporating PMs in currency. My main concern was the fact that I spent $31.00 on approx $8-9 of silver. I understand that numismatics vs. bullion investing are two different animals. The only thing I've been considering right now is the whole love of coins vs. practical investment inner battle. I guess really I'm wanting to know if it would have been better to have taken my $101 USD and invested them in different Canadians or not. The other issue I don't know is how popular they really are. I know they sold out in 29 days (or something like that), but overall, I just really want to hear some feedback from RC about this coin, especially those who specialize in Canadian Coins. Should I just hold on to them and enjoy the ride or just turn around and sell most of them to get something different ( While keeping one canoe of course!).

Thanks y'all!

[frugalcanuck]

I like the canoe coin but would not pay more than $20 for it. I bought 16 of them but I missed out on the new polar bear coins.

It is all up to you. Im mostly into PMs and not commemorative coins

[mtalbot_ca]

I am no in it to make a quick profit, but since I am not a millionaire, I like to keep what I invest in coins and PMs as ''liquid'' as I can in case I need it in a hurry. Numismatics have also a ''liquid'' side but only for the very high quality (or rarity point). For example buying a 1921 silver half dollar for $50,000, you could probably off-load it pretty quickly a year later for a profit. More traditionnal commemorative will have to wait.

Cheers

[0000PaleHorse0000]

Thanks guys. I've been so entranced by the Canadian Commemoratives that I really needed someone to knock some sense into me before I start going hog wild. I guess I'll just start looking at them like sugar, and use it sparingly