| Author |
Replies: 52 / Views: 10,538 |
|
|
|
|
Valued Member
 Canada
343 Posts |
Funny though, I've also picked up the sterling silver Olympic sets - only 10 years later and they seem to have weathered the passage of time a lot better.
|
|
Pillar of the Community
Canada
2845 Posts |
Weren't the coins sold in the Montreal Olympic sets encapsulated, might be wrong, don't know why I thought that.
|
|
Pillar of the Community
Canada
5324 Posts |
There were single Montreal Olympic coins in own cases no capsule such a sad sight seeing many of these coins going into 5 gallon melt pots.
|
|
Pillar of the Community
Canada
2845 Posts |
Yes, along with that a huge amount of '70 collector dollars, between 1/2 and 1 million were sold each year. I was at a coin show a few weeks ago and noticed an older gentleman selling two HUGE cardboard boxes full to a dealer, all single cases still in their cardboard sleeve. They're a common item at rural farm auction sales and sell for far less than melt in lots packed up with other trinkets and unidentifiable souvenirs.
|
|
Pillar of the Community
Australia
7096 Posts |
Quote: It is the same design (and almost same size) as the nickel 50c coin, yet so many people don't bother to collect 50c coins beyond 1967... I am in Aus and even I have a date set of Canadian 50 cent coins from 1937 -2016. I do admit the larger Silver coins are nicer but the smaller nickel coins have the same great coat of arms on it I think I have some of the more recent dates in Silver as well.
|
|
Valued Member
 Canada
343 Posts |
Wish I could go to the same auctions you do. Anytime those old dollars or any silver is in an auction - even the rural ones seems like people know how much its worth. Best auction I was at I managed to get some pre 67 50 cent pieces at 2x face value. Only problem there were 2 of them -  . And then at another auction they had some old $100 bills for sale (54's I think) - they got bid up to $120 each (not including tax and the 10% auction fee). I was standing next to the guy who bought them - he proceeded to fold the notes and stuff them in his pocket . . .
|
|
Pillar of the Community
Canada
2845 Posts |
Oh my goodness, that would be painful to see. But maybe you wouldn't wish you could go to farm auctions...... It involves sitting around all day waiting often in the hot sun while the vast contents of garages, sheds, barns and granaries are sold. No idea what half the stuff is used for. Most often collectable items aren't published so one has to go early to find out if there's anything interesting, then the odds seem to work out that it will be auctioned my mid or late afternoon. Meanwhile all the farmers in the area go to auctions much like attending a social event, "strangers" tend to stand out like a sore thumb, as if they crashed a party. I don't go very often, no more than one a year....but the dynamics are still rather amusing.
|
|
Valued Member
 Canada
343 Posts |
What you say is true and that's what makes it interesting. Good thing my wife and I go for other things than coins. In our area a lot of Mennonites show up and in the summer it is wonderful to see them out in large numbers. The ladies have very colourful dresses and it is most interesting to see how much they will spend on certain items.
|
|
Pillar of the Community
Canada
2845 Posts |
That would be interesting, yes attending auctions can pass the time in an interesting way. I neglected to add, about farm auctions, after spending a good portion of the day waiting, it has become obvious "the strangers" aren't there to bid on plows, chains or machining tools.....they're there only for collectables, aside from maybe leftover furniture items that family members didn't want (dusty rose velvet chairs for example). So when the time comes and we toss up our hand in the air it's like an "ah ha!" moment and then it becomes a game between the farmers to try to up the bid, considering the stranger has already spent a good portion of the day there, they are not likely to want to walk away empty handed. Yes indeed, that strategy works and has cost me more than I intended to pay.
Anyway, about 1967 sets including the gold coin , I'd expect they'll become somewhat more popular as the focus turns to Canada's 150th birthday. My grandson was aware of the "rabbit" nickel but had no idea what year or what was the point.
|
|
Valued Member
 Canada
343 Posts |
Depending on what coins come out next year it might be interesting to see what type of creative combinations one can come up with for marketing coins. For example, if they were to come out with a 2017 gold coin similar to the 67 $20 they would be nice paired up perhaps in a nice presentation box or folder.
|
|
Pillar of the Community
Canada
2845 Posts |
The $20 gold coin has always been the Star of the 1967 series in my opinion. I also wonder what will be in store for its 50th anniversary. 
Edited by wildflowerAB 10/02/2016 11:00 am
|
|
Pillar of the Community
Canada
5324 Posts |
Don't forget you can buy this coin for a touch above bullion value
|
|
Pillar of the Community
Canada
2845 Posts |
Quote:
Don't forget you can buy this coin for a touch above bullion value
Yes I notice, seems the upcoming 150th anniversary hasn't increased the demand at this point in time anyway. http://www.ebay.ca/sch/i.html?_odkw...&_sacat=3377For sake of comparison, to those who might not know, the 1967 $20 gold contains 1/2 ounce, about the same as the 2016 Gold Delta.
Edited by wildflowerAB 10/02/2016 12:36 pm
|
|
Valued Member
 Canada
343 Posts |
Actually, a bit better than 1/2 oz. .5287 if not mistaken. Still wish there were some way to verify how many of these are left - I know at least two sources who over the years have melted thousands of these. I suspect less than half the original mintage is left . . .
|
|
Pillar of the Community
Canada
5324 Posts |
There is probably 1500 collectors willing to pay 1300.00 for the Trek piece but very few 1967 gold coin collectors even with most of the units melted, even with the hype of the BOC coins only the highest graded command much premiums.
|
|
|
Replies: 52 / Views: 10,538 |
|