| Author |
 Replies: 31 / Views: 5,343 |
Page 3 of 3
|
|
|
|
Pillar of the Community
Canada
743 Posts |
I gave them my email twice and still no email from them!
|
|
Pillar of the Community
Canada
2632 Posts |
Jeyrey- all I do is fill out name, email and click yes to contact you, then click "submit" and stay on that page..the auction cats will come up instantly.
|
|
Pillar of the Community
Canada
1505 Posts |
remember the big press hoola hoop about the Gold pieces a few years ago...
Ditto here... tons of press and the big wave will ebb out after a few months and things go on normally.
If anything, most prices above EF will go up IMO.
|
|
Pillar of the Community
 Canada
627 Posts |
47P7...you are one of the few that thinks that prices will eventually rise. I guess it depends on the time frame. I think the mid-high end stuff will drop for a few years and then after this sale has been forgotten prices will begin to rise again. However, the ultra high end like MS66 and MS67, they might cause a feeding frenzy and those prices may stay elevated. The exceptions would be the dates that have many MS66's.
Being a large cent collector, I'm hoping that this auction may spark some interest in others to start collecting large cents. This would help stabilize pricing.
|
|
Pillar of the Community
Canada
5324 Posts |
With large cents, the colour is so important in it's price, a MS 66 red is much more desireable than a MS 67 red brown, with all these nice high grade coins coming at once onto the marketplace, only the highest graded red will set new highs, and the rest will probably settle to lower prices. Someone earlier mentioned the BOC gold coins, although I taken much grief over that mess, only the highest graded coins will hold value when you add a large unknown population to the existing catalogued mintage.
|
|
Pillar of the Community
Canada
627 Posts |
Thanks john100 for getting us back on topic. I thought maybe our discussion of large cents was done.
|
|
Pillar of the Community
New Zealand
1679 Posts |
Most of this collection will go back into hiding with investors and the prices will not alter for approx 5years then they will go up in the higher grade by about 30%.
These are my thoughts.
cheers Don
Cheers Don
Vickies cents and GB Farthings nut.
"Old" is a figure of speech and nothing more
|
|
Valued Member
Canada
127 Posts |
I am not a collector of large cents but if the pricing is attractive, I may bid on a lot or two. If the pricing of the lots is based upon what dealers normally pay, then I will step up. I wonder how dealers can make any money from buying in such a public auction. If a collector like me can bid, then where is the margin for a dealer?
|
|
Pillar of the Community
 Canada
5394 Posts |
Just got the sales catalogue for the TCNC sale and there are even some wonderful high grade Large Cent pieces there as well. The same week as the Landon sale ! Looks like high grade large cents are everywhere right now! LONG TERM .........could be the best opportunity that will come along. @Pfrien dealers get a lot of bulk lot stuff from auctions because most collectors usually only want one or two pieces for collections for themselves and usually do not want the rest in the large lots. Be careful you might step up and buy a large lot or two and then..............you will wonder why you are now a coin dealer !  !! There should be enough stuff there for everyone who cares to bid. I think the entire sale all four sessions has around 6 million dollars CAD estimated. Going to be a fun auction to attend for sure! |
|
Moderator
Canada
10458 Posts |
Quote:
Thanks john100 for getting us back on topic. I thought maybe our discussion of large cents was done. I second that thanks... in fact, you might notice this thread has slimmed down considerably. That was me. It was a decision I did not make lightly, but the posts in this thread were starting to capture the attention of others here (I actually received an email about it). 47P7 and Pacificoin, this is a forum to discuss coins, in a family environment. A _lot_ of young numismatists read this forum. Please take your strongly opinionated discussions offline or somewhere else... While you are entitled to your opinions, this place is not a platform to aggressively shove them down others' throats... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Pillar of the Community
Canada
1049 Posts |
Of all the large cents ever minted, has there ever been an approximate figure as to the percentage taken back by the mint for melting. I know this is a tough question, but it sparks my curiosity somewhat. I see it as a percentage melted, lost and collected. What would be fair to say is the higher percentage, collected and lost or melted numbers.
I ask this out of curiosity as to future resources being brought into the collecting world.
Edited by M_d_in_guy
01/15/2015 5:32 pm
|
|
Pillar of the Community
Canada
5394 Posts |
There are some figures about melting of large cents and recalls starting in the 1930's and later. If you have access to any early RCM or Bank of Canada reports some research is available . By the looks of the bag loads you see at local flea markets and dealer junk bins there are lots of circulated examples everywhere. |
|
Pillar of the Community
Canada
1049 Posts |
So perhaps just as it is today with the small cents no longer being produced and people hoarding them. The same happened back in let's say 1919ish when word got out that the cent was going to be minted smaller. People at that point started hoarding even more which lead to a good supply of the large cent to this very day?
I'll have to see if I can find some early stats on recalled numbers, thks Pcoin
|
|
Pillar of the Community
Canada
3049 Posts |
M_D_in_guy:
I don't doubt that people would horde a few large cents as you said in 1919 close to the year where the one cent coin was going to get smaller...
But it's also great to see such a large number of earlier issues also that have been put away and kept in such a nice state.
This auction really is going to bring out the best.. and perhaps the worst in a LOT of us...
I'm a collector.. and I have no issues paying "collector prices" but also I am very limited to how much I can spend as when I make a purchase I don't have an intention of selling or flipping any items... So I think I will do well on single item lots or perhaps one larger lot that has multiple dates.
Another joe who is a dealer may see this as an opportunity to increase their stock of really nice items and has a few more zero's in their spending account as the money is for their business. So if they really want that singular item.. I might make 'em pay a bit more.. but I think the total number of lots they may purchase because of their deeper pockets they may be able to dollar cost average down with volume buying and selling.
This will just be a great auction to watch and learn from... I've already printed the catalog up.. and put it in a binder as I will be tracking the prices realized at this and compare it to trends and other sales for a long time comming...
|
|
Pillar of the Community
Canada
1049 Posts |
It'll be good to see how this go'es and I would be very surprised if the prices are weak, (with all that is being offered as Pacific said earlier). This could be a one last chance to get the slots filled with the best and closest to the best that perhaps may not come around again in our years left of collecting. With saying that I believe that the fingers will dig deeper than what may be anticipated. This is the one that will bring out the behind the lines collectors/players.
All in All my opinion is that the dollars will be strongly competitive for the most part, regardless of the economy.
|
|
Page 3 of 3
|
Replies: 31 / Views: 5,343 |
Page 3 of 3
|
First Page
Previous Page
Posted 01/14/2015 2:35 pm
