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 Replies: 23 / Views: 5,032 |
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Pillar of the Community
Canada
5324 Posts |
Take an example first two 2005 P non mag pennies sold for insane 21000 and 20000 two bidders went at it along with a little auction promotion in a few months many more units came onto the marketplace price dropped to around 1500 to 2000. Generally only top of the grade and rare dates fetch over 10000
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Pillar of the Community
Canada
1505 Posts |
I don't think the charelton prices are ever realistic or based on actual sales and they seem to be rarely updated. A rule of thumb that many seem to go by is catalog/trends x 50% to get approximate real market value, for very high grade and/or rare pieces it is whatever the few will pay. I use constandcanada ebay results for my value guide, it rarely steers me wrong as both a buyer and seller. An MS 66 1949 5 cent is relatively uncommon, but I don't think it is that rare. |
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Valued Member
Canada
118 Posts |
I am likely less experienced than most of the posters who have already answered. However, knowing some collectors who have high end coins valued in the thousands, it may come down to demand in setting the price. Like, duh!
But, what I mean is how many people will pay thousands for a 1949 coin that has a population near 10 of the same calibre versus spending similar money on older, rarer, more detailed, more eye appeal coins or paper? Post WWII has never seemed as desirable to me, and to most of the people I know in the game - limited though my circle may be.
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Pillar of the Community
 Canada
5400 Posts |
Lot 1498 Victoria North 2015 Sale ICCS 66 sold for $2500.00 CAD.
Highly doubt that a 66 would bring anywhere near this today.
I saw that coin in hand at that auction . It was quite attractive and in the Grade .
The coin shown here ( PCGS66) in my opinion is not as nice and would probably NOT
Crossover to an ICCS 66 .
Choice BU 1949 Canada 5 Cents are quite common actually and were available in roll quantity
well into the 1970s. Rolls I have examined have generally been Well Struck and pretty , with
above average Lustre for nickel Coinage . Overall average Grade was MS64 , with many being 65
and a few 66. Never seen or handled an ICCS 67 .
One interesting finding is that many 1949 Five Cents Show very strong , Prominent, die clashing
evident at the back of George VI portrait.
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Pillar of the Community
 Canada
605 Posts |
Interesting, thanks for all your info. As for the crossover to ICCS....I have always been under the impression that the grading standard are higher from PCGS.
This particular coin shocked me the catalogue price because it was out of this world lol
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Pillar of the Community
Canada
5400 Posts |
Send it in to ICCS and let us all know the results . Remember Canadian Pricing Catalogue (Charltons) and Canadian Coin News Trends are for Coins Graded by ICCS , not NGC or PCGS .
Totally different grading philosophies.
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Pillar of the Community
Canada
2495 Posts |
Quote:
As for the crossover to ICCS....I have always been under the impression that the grading standard are higher from PCGS.
That belief could end up costing you a pile of money. |
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Pillar of the Community
Canada
605 Posts |
Pacific coin, I don't think this coin is worth having it cross-over. Not worth the money spent for what it's worth.
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Pillar of the Community
Canada
1505 Posts |
There are definitely many here with more experience than me, but I think you need to know the grading styles of each company to make a decision on when/where to upgrade. I have seen and owned içcs MS 62's that would be marked as cleaned by PCGS (rightfully so), but also seen au 50 in PCGS holders that would xf40 at ICCS (rightfully so). End if the day, it is the coin in hand, not pictures or label on a case that matter.
If the label is all that matters, I have a nice ICCS ms64 1968 silver 25 cent piece that is magnetic that someone can buy, as magnetic silver is quite rare ;-) should be worth a boatload.
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Pillar of the Community
Canada
605 Posts |
Hey Purelywasted, I don't have much experience either I am fairly new and have been collecting for over 4 years and it's all in the sense for understanding more...
Although I know I would never want to crossover an ms66 from PCGS to ICCS unless I had reason to believe it could score a 67 or higher and worth 100,000.
This coin has had a catalogue value from Charlton in 2015 of $6000. I think that's crazy....given that trend is usually 50% off catalogue ? Would someone put out 2000 for it, or even half 1000. No I don't think this date deserves this prices but I think the catalogues should do a better job at addressing prices for new collectors.
I am trying to complete the 1949 monetary series with higher grades. That's all
I have the nickel and the dime and the dollar and the half in top grades. Stumbled across weird numbers that I am not sure who is guiding to these catalogues but they are insane....
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Pillar of the Community
Canada
605 Posts |
I'm always all about buying the coin and not the labels but my issues are CATALOGUES!! I think dealers are stuck with bad inventory and they want premium prices. Are dealers guiding catalogue prices ?
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Pillar of the Community
Canada
1505 Posts |
Quote:
Would someone put out 2000 for it, or even half 1000. No I don't think this date deserves this prices but I think the catalogues should do a better job at addressing prices for new collectors. An MS 66 is a very high grade, so normal pricing rules don't really apply. At the top end of the market, it is the person that wants it the most. You will notice that I posted charelton's giving MS 65 = $150, where MS 66 is 40x that value, this is a perfect example of the very high grade. CoinsandCanada probably has the best estimates at current prices, (in your case ~$800). Personally I would not pay $2000 for a 1949 nickle, I would be happy to settle for a MS 65 at $100 or more likely at MS64 at $40. You might appreciate this 1949 $1. The toning and color make for a very cool coin. It looks like a ship on the sea with a cloudy sky, definitely one of my favorites.  |
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Valued Member
Canada
395 Posts |
The main issue you are missing still is what pacificcoin pointed out. An ICCS MS66 is going to be far more rare compared to a PCGS and will generally sell for quite a bit more.
Too make a comparison of what pacficcoin mentioned in the Victoria North sale the MS66 sold for 2500, in 2010 an MS67 PCGS coin sold for 1035USD when the US dollar was worth less then Canadian dollar. This is by no means an endorsement of ICCS or criticism of PCGS it's just comparing apples and oranges, they are not the same thing and our prices are based on the ICCS side of things.
The catalogue values are always crazy but when you start using prices for MS66 ICCS for a PCGS MS66 things will get even crazier.
I actually heavily collect this series of coins I'm going to assume your coin is probably going to sell for in the range of $300-400. When in doubt coinsandcanada can be pretty accurate compared to any other resources out there.
If the coin crossed to ICCS MS66 I would keep it in the PCGS holder and sell it with both certificates, you absolutely will get alot more then what I said in that case.
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Pillar of the Community
Canada
605 Posts |
I love that coin. "The Mathew" sailed by John Cabot first to nfld. First commemorative coin issued and welcoming nfld and Labrador to Canada. Pretty cool history and pretty cool coin. One of the reasons I started collecting is my Father in law who's is a Newfie!! He has a cool collection and I try to keep up with his!
I m sorry if I missed out any points but thanks for explaining as I didn't know there was a significant difference in pricing in catalogues.
Thanks for all the info!
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Valued Member
Canada
321 Posts |
Very nice exemple ! One of the few George VI nickel from the wildlife who ended at a decent price...
For the price, I think for this kind of coin, watching the past auction result is the best thing to do.
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Replies: 23 / Views: 5,032 |
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Posted 12/14/2018 9:17 pm
