2013 Merchandise & Miscellaneous News Archives

October 6, 2013: Canadian Superman Coins Flew Off Shelves

Superman Coin The 14-karat gold Superman coins released by the Royal Canadian Mint to celebrate Superman's 75th anniversary sold out within hours, creating a price-hike frenzy on Ebay and Kijiji, with the $750 coins being sold for up to $3,000.

    Why didn't the Mint print more Superman gold coins if they were so popular? Why sell out at $750 and create inflated prices on the secondary market?

    The limited quantities add to a coin's desirability, said Mint spokesman Alexandre Reeves.

    "The defined production run is a factor in pricing collector coins at retail and on the secondary market. There is no changing the mintage after it is set, since this would devalue coins already bought by collectors."

Read the complete report at Canada's The Star website.



2013 Merchandise & Miscellaneous News

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