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 Replies: 16 / Views: 7,156 |
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Pillar of the Community
United States
2661 Posts |
Quote:
I think the Province of Canada 20 cent piece is highly underrated. I must agree. But I feel that most coins minted before 1900 are under rated. The old style art work on them is what attracts me to the coins. I know you are referring to the number of possible surviving specimens, but if one was to study the work of Leonard Charles Wyon whom designed the the first Canadian coins, I think they would find his work to be more appealing and authentic than that of today's modern North American coinage. Edited by Tim Stroud
01/09/2009 07:37 am
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Pillar of the Community
Canada
1554 Posts |
 I agree with the originator of this topic as to how underated and underpriced the trend value of the 1858 Twenty Cent coinage. I also "STRONGLY" feel collectors of Canadian decimal should start regarding all 6 decimals (1c-$1.00) PRE-1937 to be regarded as KEY dates.  Reason for my madness is simple: look at today's mintages>100 million - 1 billion minted and compare this to the pre-1937 coinage 200K - 20 million, it leaves one wondering just how many quality pieces are left for collectors. Especially when you consider silver wears much faster than modern plated steel, a Century ago a day's pay was a half dollar or less so who could afford to put aside a day's pay for future collectors to enjoy?. Then add to the mix all the silver melts we've seen in the past 30 years, and all the holes drilled in older coinage and love tokens made.  This is why I say to all, consider pre1937 coinage to be all KEY dates, the word semi-keys and common pieces should be eliminated from vocabulary when referring to the said Era coinage!  Glenn |
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Pillar of the Community
Canada
1082 Posts |
Funny enough, while flipping through the latest Charlton yesterday, I was thinking the same thing. Only being minted for one year should automatically make it a coin worth having; the fact that it can be had for a reasonable amount of money still, should be a signal to get one before it gets "discovered" by the numismatic community at large.
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Valued Member
United States
324 Posts |
I would say the 1858 20c coin is reasonably rated. But a lot of the 25c Victorian coins are under rated. For example, the 1871 about the same price. An even better one to compare is the 1894 25c coin - about 4x harder to get than the 1858 20c, yet the price is comparable.
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Valued Member
United States
135 Posts |
How did you arrive at the 105,000 figure for surviors? Several years returns were for unspecified numbers of silver coins of various denominations giving only a total dollar amount. I am going over your link and some photocopies of Royal Mint records I have and suspect the figure is over 300,000 unmelted. This does not take into account lost, damaged or coins otherwise rendered unuseable (jewelry, etc). |
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Pillar of the Community
 Canada
650 Posts |
The number of 105 was from disseminating the Dollar amount by 5, I think I did it right but let me know if your math is different. I think the link is pretty good, I would also think if it is accurate that it may dispel the belief that large cents and 5 cent silver was officially recalled.
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Valued Member
United States
135 Posts |
MrCanada, I'd like to revise my guess-timate downward. One number I did not have was the $50,000 for 1885.
There's no way of knowing how many 20 Cent coins were included in the 1906 figure but with 631295 already gone it likely wasn't a lot.
year -- dollars --- # melted
1881 - $18,000 - 90000
1885 - $50,000 - 250000
1888 - $17,174 - 85870
1889 - $16,585 - 82925
1894 - $15,000 - 75000
1899 - $9,500 --- 47500
minimum melted
$126259 631295
maximum survivors
118705
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Pillar of the Community
 United States
1353 Posts |
I'm new here and was looking back at past topics. There was an article in the May Canadian Numismatic Journal that pinned this down pretty well. The number is much less than most people think.
http://www.victoriancent.com2011 & 2025 Fred Bowman Literary Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
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Pillar of the Community
United States
4541 Posts |
I think all early Canadian coins are undervalued. I have became attached to them thru the .999 nickels I buy for bullion
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Rest in Peace
United States
2668 Posts |
Welcome, bosox!  This is again a timely subject. I have tried to find bargains on Canadian silver and the prices have stayed or risen while spot silver has been dropping. Today's spot quote is approximately US$14.00 for an ounce of silver. |
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Valued Member
United States
493 Posts |
bosox,
I also read the article in the CNJ in May and I agree, the survivor number is really really low. This is a great coin yet under appreciated. Just look at what happened to it in Trends last issue. It's price went down!
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Pillar of the Community
Canada
1051 Posts |
I also read the article in the CNJ, and was shocked how few may have survived. The price drop in Trends does not seem to fit with what the coin should be trading at, but it is a realistic number. The average price at Torex for EF level coins was right around the $200 mark. Right now the market is moving and adjusting faster than any price guide can track, so I wouldn't rely on any published numbers as a solid basis of current valuation.
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Pillar of the Community
United States
4541 Posts |
we are talking about the 1858 right? isn't that the only 20 cent piece
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Pillar of the Community
Canada
1248 Posts |
yes, the subject is the 1858 30 cent canada coin....
However, it is NOT the only one ever made...
apparently there was one made in 1871!!! but only in Specimen grade.
have NO idea what happened to the... Charlton lists it...for 10-15K
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Pillar of the Community
Canada
650 Posts |
I still maintain that the 20 cent piece is erroneously considered to have a much higher # hard to dispute Parliaments record .
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Replies: 16 / Views: 7,156 |
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First Page
Posted 01/09/2009 08:04 am
