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 Replies: 20 / Views: 4,466 |
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Pillar of the Community
Canada
2187 Posts |
I agree with AgCoinAu... Hasn't our dollar always been lower? We just got to level for a few years but now it looks like it's back to normal
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Valued Member
Canada
299 Posts |
There are lots of sellers on ebay still using the Loonie...(and some on icollector). I usually just avoid the canadian sellers who only take US$ (not the American sellers...it is their home and currency after all). If your selling shows most of your stuff going to the US part of the reason might be Canadian buyers are avoiding you. |
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Pillar of the Community
Canada
2495 Posts |
Back in 1999 and 2000, the exchange rate was 1.55 or so......and no grand 'exodus' of Canadian coins was occurring to the US.
Presently, if it seems all the good Canadian coins are going to the US buyers, it's only because there's no big-time Canadian collectors left and has nothing to do with the exchange rate.
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Moderator
 Canada
10459 Posts |
I have not noticed a difference at coin shows or ebay sales, in fact, my sales have increased, with more US buyers... "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
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Pillar of the Community
 Canada
5400 Posts |
Best year ever here as well. Eighty per cent export, an overwhelming amount of that US buyers.
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Pillar of the Community
Canada
9164 Posts |
Today at the bank the exchange rate was 42%  |
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Pillar of the Community
New Zealand
1679 Posts |
Try ours $1NZ = .67US nearly $1.50NZ for every US $
Cheers Don
Vickies cents and GB Farthings nut.
"Old" is a figure of speech and nothing more
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Pillar of the Community
Canada
1751 Posts |
I too agree the exchange rate has stopped me buying on ebay. Its rare to find someone selling in cad. I'm sort of toying with selling some of my unwanted nclt coins, so I would have some US funds to shop with. However, the new return rules of Nov.2014 put me off and I closed my store. I remember traveling sept 1999 and I paid $1.66 for every US, back in the early eighties, when I was doing US importing I was paying $!.15 for a US dollar. When my mom bought her first Pomeranian in 1973 from the states, our dollar was worth more. So it seems to go back and forth. Lately its been more down than up, which is great for anyone doing exports, or in tourism. The import side its a killer. |
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Pillar of the Community
United States
1285 Posts |
Is this "fall" of the CAD against the USD due to the strengthening of the USD globally? Hmmmm, maybe the rate setters should try to balance a home budget: groceries, utilities, etc.
Maybe I should do more Canadian shopping?
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Pillar of the Community
Canada
1051 Posts |
I'm going to post some ebay US auctions in the new year of some better Canadian material, and see what happens. |
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Valued Member
Canada
495 Posts |
It will be interesting to see we where are headed in 2016 not only with the "hobby" but economy in general. The giant Pacman next door to us is the place to be as pacificoin has noted.
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Pillar of the Community
Canada
5400 Posts |
Never thought I would love being an exporter so much , but indeed this is MERRY CHRISTMAS . We have a little snow on the ground today and more sunshine in our account as we prepare to send even more stuff to our American Cousins.
It is not all bad this collapsing LOON.
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Pillar of the Community
Canada
5324 Posts |
There is always a general thought the federal government wanted a weaker loonie to boast export, but a free falling loonie at some point hurts us all.
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Pillar of the Community
Canada
514 Posts |
i think the sweet spot for our export businesses is somewhere around $1cnd = $0.7~$0.82usd
IIRC we have for the most part, for the past thirty years been hovering in the $0.72-0.76 area...
The sky is not falling.
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Pillar of the Community
United States
4233 Posts |
Quote:
every thing that is good is about to leave Canada I've seen this sentiment expressed in various ways on this forum, and always find it curious/interesting. It's like coins are some kind of national heritage or something. As an American, I couldn't care less if a bunch of Morgans or St Gaudens go to Saudi Arabia or Germany. Most of my Canadian coins crossed the border almost 70 years ago, so it's not anything new. |
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Posted 12/17/2015 1:36 pm
