1948 Versus 1947 Maple Leaf $1 - What's The Deal?

Probably not so with the 1947 ML

The main answer to why the 1948 is expensive is that it has been expensive for a long time. Coins are NOT like stocks. A thread such as this is not going to see 1948 prices change. No matter how many agree the prices are crazy.

Normal supply/demand doesn't seem to apply. You want want, then pay $$$$ for one of the MANY that are always available. The seller will wait.

http://www.ebay.com/itm/1948-Canada...:WNA:US:3160

If this ends up going higher than 1947ML MS60 trend, I think I might cry.

Time to start crying?

Is there any information available as to when the 1947 maple leaf production ceased and the 1948 dated production began - for all the denominations that year?

The entire production run of 1948 DATED dollars was in a single week in December 1948 over half the mintage was released early in 1949. The coins were selling for over 2.00 each by the middle of 1949 amongst the few coin dealers that were around in Toronto and Montreal at the time. It is as DBM stated earlier in this thread nothing but a money coin. Makes #1 on my Canadian overrated list just ahead of the 1858 large Cent.

Just the Dollars in late December. Other 1948 coins were produced much earlier in the year, there was not a lot of demand for Dollar coins. Look at the post war years. 1945 , a little over 38 K , 1946 , a little over 90K, 1947 , a little over 65 K, 1948 40 K for both the ML and the actual 1948. They were never huge demands for a circulating silver dollar.
There is strong evidence that the 1939 s were still being melted as late as 1941.
As to your comment about the 1948 Ten Cents, hardly a tough coin even in BU. Roll quantities were noted in numerous dealers stocks in the 1950 s including a large holding , probably a bag by Ray Hobin. Regency, Charlton and others had rolls. I personally know of several rolls sold in Vancouver in the early 2000s . Personally I have over 20 certified pieces in our inventory, mainly 63, and 64 ICCS coins. It should be further noted that circ 1948 ten cents sold for more in the coin craze of the early 1960s than they do today.
The real tough 1948 coin to find in choice to gem is the half, as it seems most of those went into circulation, mostly distributed in Ontario and a lesser degree BC.

At one point the 1948 10c was very hard to find in B.U.. I remember looking around unsuccessfully for one when the going price was $5. Then, the price doubled overnight to $10 and they were everywhere. It was almost as though some people were holding them until the price went up! I remember Ray Hobin very well -- he did handle some amazing stuff...