| Author |
 Topic  |
|
Snowy
New Member
Canada
11 Posts
|
Just wondering...
Are there any loonies & toonies that one would consider to be valuable?
Many of the years seem to be worth considerably more than face value, accordingly to Charltons 2010 edition.
I have a few rolls (unopened) of various years. Would it be wise to leave them together or break them up and tuck them into those cardboard holders separately?
|
|
|
|
Pillar Of The Community
Canada
4151 Posts |
Hi, Snowy, Welcome to the Forums.  Yes.. Some dates are worth more than others,some that come to mind- 1992 (1867) Loon design, with low mintage, 2002 (1952) & 2003 (crowned portrait) both with low mintages And, some others, get yourself a Charlton Catalogue, it will help you a lot.  |
|
Valued Member
Canada
420 Posts |
all twoonies can be seen in circulation - no rarities at all
the issue is a little different when thinking about high grade: all higher than MS66 (all years) I ever saw are PL and specimens mis-attributed as MS; MS 66 exist for the years high-speed presses are used (to simplify, 2003 on) and not existent in the others. In the case of MS65 1996, they are exceedingly rare - I only saw 2 (went through hundreds of boxes) both are in CCCS hard slabs
|
|
New Member
Canada
11 Posts |
I do have the Charlton book, but I am not too educated in the grading etc.
Just about all of the loonies & toonies are listed at 5-10$ value for a MS 63, 64.
I can't figure out what would qualify as in those grades? How perfect would a coin have to be to be included in the MS 63 & 64 grade?
|
|
Pillar Of The Community
Canada
839 Posts |
There are a few error varieties, here's a link to the page and a couple of pictures from that page. http://www.coinscan.com/err/blane.html  It Ain't Much Fun When The Rabbit Has The Gun..
|
|
Valued Member
Canada
420 Posts |
Grading is complex (not difficult). I suggest you to take a course or to visit your local coin club to learn how to do it.
The value of a coin is directly proportional to its grade - the higher the grade, the higher the value. That said, remember: don't try to make your coins artificially shinny - do not clean or polish coins - this is easily detected - and the coins will worth face value.
I would guess that there are many experts in grading in this board, they can guide you further.
Grading twoonies is harder than other coins because it is bimetallic - I just want to make the point and will not expand on the issue here.
|
|
Pillar Of The Community
Canada
636 Posts |
You know what?. precise grading can be difficult, but indeed it can be learned.
I'm still learning it all, as it pertains to Canadian.
After a couple years I can determine if something is AG, G, VG, F, VF, etc, with pretty good results.
Its breaking it down into it numerical subgrades is where I struggle. Its my hope to learn that next...baby steps.
|
|
Valued Member
Canada
420 Posts |
those small 5 cents are something to make anyone insane - twoonies are easier (they are big for a start)
|
|
Pillar Of The Community
Canada
603 Posts |
Snowy, forget about the price guide "value" for modern MS-63 and MS-64 grades. Nobody is going to be looking for common modern coins in those sorts of grades, at least not to the point where they are going to pay $5 or $10 for one. They are going to be looking for stuff like TY's MS-65's, which are much, much harder to find.
|
|
Valued Member
Canada
286 Posts |
In my opinion Charlton "values" are the highest published in Canada. Often you'll see selling prices based on Charlton or Haxby. I like to use Trends (Cdn Coin News) to value my collection, however I rarely pay full Trends prices when buying; you can often find bargains at "Trends less 30-40%". Here is an *excellent* grading resource that I refer to constantly: http://www.coinoisseur.com/GradingCoins.htmlscroll down to see pics of each grade, and click on them for larger images.  |
|
New Member
Canada
43 Posts |
the charleton guide does mention that the value considers the coin certified. Therefore a $10 value on a loonie basically covers the cost of the certification. Basically a price that a dealer would sell to us but we would never get ourselves.
|
|
New Member
Canada
11 Posts |
Thanks all for the helpful info.
I sure am getting an education in the numismatic world.
|
|
Pillar Of The Community
United States
1571 Posts |
snowy, welcome to the forum! As far as 'geetting an education", don't feel you are alone. There are many of us who benefit from the knowledge, and experience of others. I thank them for their patience, and generosity.
Dick
|
| |
Topic |
|
Posted 10/20/2009 8:38 pm
