An appealing silver coin depicting a blooming cherry blossom tree captured collectors’ interests when the Royal Canadian Mint released it in early March.
Limited to 6,500 coins, sales reached 82% within 24 hours of its public release. They were all gone within a few days.
Already intrigued by the design, we decided to order one when our article about its release hit nearly 600 Facebook likes. Given the original interest, I figured it’d make for a good follow-up piece to see how things turned out.
We paid CAD $64.95 for one, which converted to a credit card charge of US $50.96 with free shipping.
Buyers seemed to be pleased with their purchase. The coin’s online product shows 93 reviews with an overall favorable rating of 4.8 stars out of 5.
Flippers aren’t making a ton of money on them after considering fees. You can find Cherry Blossoms coins selling for around $20 to $30 over their issue price.
In looking at photos of our coin, its reverse shows several scratch-like imperfections on the surface. I searched around the web and they seem common, even appearing in the same place on the Mint’s online video of it. They’re detracting, no question, and that’s a shame.