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Why you should collect Newfoundland coins.

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Pillar of the Community
Canada
1439 Posts
 Posted 08/04/2011  10:39 pm  Show Profile Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
Besides the Province of Canada (1858 and 1859 issues) that are usually collected as Canada

Nova Scotia:

1861, 1864 1/2c
1861, 1862, 1864 1c

New Brunswick:

1861 1/2c (mint mistake but some leaked via Nova Scotia)
1861, 1864 1c
1862, 1864 5c (silver)
1862, 1864 10c
1862, 1864 20c

Prince Edward Island:

1871 1c
Edited by dialog_gvf
08/04/2011 10:41 pm
Valued Member
Canada
365 Posts
 Posted 08/06/2011  02:03 am  Show Profile Bookmark this reply Add kitkat1858 to your friends list Get a Link to this Reply
The 1873 5 cents is quite a mystery indeed. It supposedly had a mintage of more than 44000, but in the past few decades this number was revised in most Canadian reference books to be just 40000 (including all 3 varieties). Who knows, the mintage figure maybe even lower than 40k though... Many examples that do come up in the marketplace are either mangled, holed or worn down to an AG grade, and I think that perhaps the survival rate is lower than some of the other Newfoundland fishscales. Finding a problem-free example is no easy task for this date, and collectors will find themselves paying atleast full trends to get one of these in a decent collectible grade.

The 1873H 5 cent is an overrated coin in my opinion, and this is now becoming obvious. Demand for this coin is beginning to slow especially in lower-grade coins and/or those with problems. On the other side of the coin, demand for the plain 1873 has picked up dramatically over the past few year.

I was looking back at a copy of the Charlton Coin Guide from 1960, and the prices for the 1873 were as follows...

VG: $10.00 F: $15.00 VF: $25.00 EF: $35.00 UNC: $50.00

By constrast, in 2011 the prices are...

VG: $300.00 F: $600.00 VF: $1200.00 EF and better: RARE

Even when you consider inflation, it is clearly obvious that the price of this coin has increased by leaps and bounds.
Currently, this appears to be the best Newfie coin to invest in. Most examples in the marketplace are relatively affordable, and there are no top-shelf examples placing a 'cap' on prices, so who know what will happen to the price of this little coin?...;)
Valued Member
Canada
183 Posts
 Posted 08/06/2011  11:37 am  Show Profile Bookmark this reply Add david mackenzie to your friends list Get a Link to this Reply
Newfoundland $$$$ is under valued that is why my collection is almost complete try to that with Canadian money from 1858 to 1954.
Pillar of the Community
Canada
1439 Posts
 Posted 08/06/2011  12:09 pm  Show Profile Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

As Ugly points out very well, the value is a relationship of supply and demand. With all dead colonies and countries the demand tends to tail off as those who remember the independent entity die off.

For Newfoundland to find its value, Canadian collectors would have to adopt collecting it en masse.

If Americans showed a couple of percent new interest in Newfoundland, the prices would skyrocket. They support a significant part of the value of the Canadian coin market, I'm sure.


Pillar of the Community
Canada
1439 Posts
 Posted 08/06/2011  12:45 pm  Show Profile Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

David: It helps that the mintage years are very spotty with Newfoundland.

Victoria is well covered (even Canada skips in there), but the other monarchs skip lots of dates and/or denominations.

Look at Edward VII. The most mintage years are the 50c at 4/9 years. For the 20c it was a single year type: 1904H

Look at the 25c. Two years: 1917c and 1919c and that is it. There were 28 years more of Newfoundland coinage, but not another 25c.



Pillar of the Community
Canada
1439 Posts
 Posted 08/06/2011  2:40 pm  Show Profile Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
Comments?:

http://www.ebay.com/itm/320736899149
http://www.ebay.com/itm/150642429739

Count the differences.

Obverse:

Top of 5 (thick v. thin)
Bottom ball on 5 (oval v. ball)
Top of 1 (short v. long)
Bottom edge curl (on top of dentical/off dentical)

Reverse:

Size of left dot (large v. small)
Top serif of G of D:G: (small v. large)
Horizontal strike of G of D:G: (long v. short)
Position of second : in D:G: (low v. high)
Size of second : in D:G: (large v. small)
Right serif of "U" in Newfoundland (short v. long)
Diag strike of second "N" in Newfoundland(thick v. thin)

But, check the are and I of Victoria. The same loss in the bottom right of "R" and bottom of I. That would seem impossible given all the other differences, unless these are a know feature that had to be replicated.

Both OK? One fake? Both fake?

[Edited because the system insists on changing "U" (without quotes) into you and "R" into are]
Edited by dialog_gvf
08/06/2011 2:44 pm
Valued Member
Canada
183 Posts
 Posted 08/06/2011  4:06 pm  Show Profile Bookmark this reply Add david mackenzie to your friends list Get a Link to this Reply
the 1870 and 1885 NFL dimes are hard to find just got 1873 silver 5 cent and dime graded. most sets are F-15 and under.
Valued Member
Canada
130 Posts
 Posted 08/06/2011  6:25 pm  Show Profile Check fredor's eBay Listings Bookmark this reply Add fredor to your friends list Get a Link to this Reply
If I did have to pick a fake I would pick the 1st one. The G is just so strange. The coin I have matches the second coin a lot better. I can't be certain either way though.
Valued Member
United States
63 Posts
 Posted 08/18/2011  8:56 pm  Show Profile Bookmark this reply Add BILL99 to your friends list Get a Link to this Reply
Hello, I am looking for Member 'Ugly'
if you see this please goto this post for a question:
http://www.coincommunity.com/forum/...&whichpage=4
Valued Member
Canada
365 Posts
 Posted 08/18/2011  9:46 pm  Show Profile Bookmark this reply Add kitkat1858 to your friends list Get a Link to this Reply
davidmackenzie,

Just out of curiousity, what grades are your 1865, 1870 and 1873 5 cents?
Valued Member
Canada
183 Posts
 Posted 08/19/2011  12:33 pm  Show Profile Bookmark this reply Add david mackenzie to your friends list Get a Link to this Reply
hello Kitkat 1858 The grades are: 1865 G-6 1870 G-4 and 1873 G-4 still looking for 1885
Valued Member
Canada
365 Posts
 Posted 08/19/2011  4:14 pm  Show Profile Bookmark this reply Add kitkat1858 to your friends list Get a Link to this Reply
davidmackenzie,

I have an 1885 if you're interested...check eBay if you're interested.
New Member
United States
22 Posts
 Posted 09/12/2011  10:51 pm  Show Profile Bookmark this reply Add DesGaulles02 to your friends list Get a Link to this Reply
I just picked up a 1904 NFLD 50c (F-15) to put in my Gardmaster 1870-1952 Canadian 50c album, since the Canadian equivalent is so much more expensive ($500+ in F-15, $700+ in VF).

Did anyone else here get into Newfies by making this kind of substitution?

Valued Member
Canada
365 Posts
 Posted 09/14/2011  6:41 pm  Show Profile Bookmark this reply Add kitkat1858 to your friends list Get a Link to this Reply
Yes, I have done this in the past. Too bad there was no 1921 50 cent coin made for Newfoundland :-)
Valued Member
Canada
183 Posts
 Posted 09/14/2011  8:43 pm  Show Profile Bookmark this reply Add david mackenzie to your friends list Get a Link to this Reply
there is a low mintage 1888 silver fifty cent piece getting harder to find in AU or better grade
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