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 Replies: 48 / Views: 6,194 |
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Valued Member
Canada
221 Posts |
Ya, it's a 1855 up-right 5's could had been a $30.00 coin
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Valued Member
Canada
153 Posts |
Sometimes, when you see 2 or 4 holes, it was used as a button for someone who had nothing better to put there.
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Valued Member
Canada
221 Posts |
Hey I need a top button on my pj's and it's about the right size. lol
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Valued Member
 Canada
241 Posts |
yeah why not waste a potential 300$ !
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Moderator
 United States
16679 Posts |
Hey, those are not square nail holes!
swcoin.ecrater.com
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Pillar of the Community
Canada
1248 Posts |
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Pillar of the Community
Canada
4944 Posts |
Coin ended up selling for $407 and $15 shipping :o
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Valued Member
Canada
221 Posts |
A holed 1948 dollar for about $400
I think that's pretty good
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Pillar of the Community
Canada
4944 Posts |
Yeah, considering that a F-12 is $900. Although I wouldn't have bought this one.
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Valued Member
Canada
221 Posts |
Ya, I,ve bid on a few 48's at auctions but always get out bid by someone I know
is maybe working with the auction to keep the bid realistic imo.
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Pillar of the Community
Canada
1581 Posts |
> You will not have any problem buying a 1948 any time you want, if you have the cash waiting. Usually you won't have to look any further than ebay, but if you do, > most serious dealers have multiple examples available. Compare it to something like the 1946c Newfoundland 5 cent, of which around 2000 were made. They are (understandably) > harder to find than 1948 dollars, but still sell for less money. That is the nature of the 1948 dollar, massive popularity driving the prices way out of line with true scarcity. Good example. Although some would argue the demand side of supply and demand might affect that (far fewer collectors of Newfoundland coinage). There are a lot of Newfoundland coinage with skimpy mintages that are easily obtained at low prices for the lower grades (it's a very higher grade price skewed coinage). The 1947ML is a brother, with a shared history, supposedly attractive to the same collectors of the same type, and yet the 1948 gets a massive premium because 3000 fewer being minted? The demand seems to have always been driven by hype instead of scarcity. But, of course, owners of them would understandably not want this premium questioned. |
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Pillar of the Community
 Canada
617 Posts |
When I bought my 1948, my local coinshop had two or three in each grade. All you needed was cash, no work involved.
Contrast that to the time and energy needed to hunt down a decent 1904 or 1905 50 cent piece.
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Pillar of the Community
United States
629 Posts |
I sold a Frisbee on ebay for $10 last year. It has 3 holes in it from where I used it as target practice with my new pellet gun in the mid 60's. When I put the frisbee on ebay I was told by an advanced collector that I had the Mona Lisa of Frisbee's with 3 holes in it, worth over $100 with no holes, hence my $10. If I had known I was going to save that thing all that time, I probably would not have used it but then again, what was I to know at the time. So the 48 dollar with a hole was a keepsake not a numismatic item. |
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Pillar of the Community
United States
535 Posts |
Holed and damaged coins play an important part in my collection. They can bring the price of a coin down so that I can afford it. Sure, I'd love to have an MS65 example of a rare coin, but I never will. I'd rather have one like that, than an empty hole (in my album).
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Valued Member
Canada
276 Posts |
Eh. Coined and holed coins - in my collection - have no place. I like a BU finish on my coins, and if I can't afford it on an older coin, I just don't get it. Then again, I'm not collecting "sets", I'm collecting quarters.
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Replies: 48 / Views: 6,194 |
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Posted 11/07/2010 09:51 am
