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On Sep.30, 2016, $26000 Could Buy You....

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Pillar of the Community
Canada
1442 Posts
 Posted 10/01/2016  03:33 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list


I must say, it's a rare day, when there are 3 extremely rare Canadian coins with population < 10, that are available for purchase if you have enough spare cash lying around

i didn't have the cash
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United States
6370 Posts
 Posted 10/01/2016  08:13 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
I would spend my money elsewhere.
Pillar of the Community
Canada
3049 Posts
 Posted 10/01/2016  08:57 am  Show Profile   Bookmark this reply Add AgCoinAu to your friends list
What I would do right now for $26 is almost heinous.... can't even think of having $26K..... still was a pretty interesting start to the weekend to watch the GB auction
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United States
4870 Posts
 Posted 10/01/2016  09:07 am  Show Profile   Bookmark this reply Add TheForce to your friends list
I want that half dollar so bad!! But unless I hit the big lottery it will never happen.
Pillar of the Community
Canada
5324 Posts
 Posted 10/01/2016  09:59 am  Show Profile   Bookmark this reply Add john100 to your friends list
I, disagree the New Zealand mule dollar coin has a plausible creation theory, that the RCM was minting the New Zealand coins at the time and between change over, the pressman was given the wrong set of dies and struck a batch of these mules, tried to retrieve the struck units but a few was missed thus the copies on the market. If these were created on purpose like the gold Manitoba dollar most graded ms63 or 64, these New Zealand mules are all pretty circulated, most of them at best ms60 and at least one of these mules was found in New Zealand, one would expect much better graded examples if they were custom orders. Just like the US famous King Farouk gold coin if the US court allows the family the return of the 8 or 10 units, you can't blame the collector for buying them. The Manitoba gold piece with all fees and tax approaches 15,000.00 a decent price, I just wanted some collectors to understand the history with it and the accompanying risks owning this coin. Although the New Zealand mule is cool, the ones I've seen has no eye appeal.
Pillar of the Community
Canada
867 Posts
 Posted 10/01/2016  3:24 pm  Show Profile   Bookmark this reply Add tripoli to your friends list
or $26,000 could buy you 26 sq ft of a Vancouver Condo......those coins are sounding better and better.....

I agree, I can't understand the interest in these oddball coins, let alone paying these crazy prices.
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United States
6370 Posts
 Posted 10/01/2016  4:35 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list

Quote:
I want that half dollar so bad!! But unless I hit the big lottery it will never happen.


So it has a couple nicks fewer than an MS-66. What's the big deal?

EDIT: I'm not bashing Canadian coins. I feel the same way about US coins and condiional rarities in general.
Edited by TypeCoin971793
10/01/2016 4:36 pm
Pillar of the Community
Canada
5324 Posts
 Posted 10/01/2016  5:12 pm  Show Profile   Bookmark this reply Add john100 to your friends list
The 2000 P 50 cent piece, never really understand it's value, was given as gifts by RCM, there was around 300 employees at the time, wonder where the rest of the clocks are collecting dust at these prices.
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Canada
1571 Posts
 Posted 10/01/2016  7:56 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list
What is meant by clocks?
Pillar of the Community
Canada
1442 Posts
 Posted 10/01/2016  8:05 pm  Show Profile   Bookmark this reply Add canadian-varieties to your friends list
The 2000P 50 cents came attached within a clock that was given by RCM to RCM employees.

Most are probably in landfills...

On-Sep.30,-2016,-$26000-Could-Buy-You....
Edited by canadian-varieties
10/01/2016 8:07 pm
Pillar of the Community
United States
6370 Posts
 Posted 10/01/2016  9:10 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Ahh. Now I understand. So it is comparable to the US 1894 S Dime?
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Canada
5324 Posts
 Posted 10/01/2016  9:24 pm  Show Profile   Bookmark this reply Add john100 to your friends list
Not quite these dimes are worth million or two, in Canada only one coin has sold for over million the 1911 dollar
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United States
6370 Posts
 Posted 10/02/2016  08:07 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
I meant insofar that the coin were exclusive gifts to mint employees. I know the values are not comparable.
Pillar of the Community
Canada
5324 Posts
 Posted 10/02/2016  08:12 am  Show Profile   Bookmark this reply Add john100 to your friends list
Yes, sorry so obvious with the value part, the 50 cent was in a clock set for RCM employees
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Canada
10463 Posts
 Posted 10/02/2016  9:32 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list
The 1985 New Zealand dollar mule is very much a legit error strike, as John100 noted...

I will get one someday, it remains my numismatic white whale...
"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 Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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