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1923 One Cent

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Author Previous TopicReplies: 12 / Views: 2,246Next Topic  
New Member

Canada
7 Posts
 Posted 05/07/2012  8:06 pm Show Profile   Bookmark this topic Add Clueless89 to your friends list Get a Link to this Message Number of Subscribers
Hello everyone;

So as my name states I'm clueless :D

Anyway I was given some coins and there are a few that intrigue me, but as I have no use for them I am also looking to sell them but cannot figure out what they are worth.. hehe Anyway I have a graded Ms-63 1923 Canada one cent that I could use some information on, hopefully someone here can help me :)
Thanks in advance I hope!

1923-One-Cent

1923-One-Cent
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kuh_85's Avatar
Canada
2366 Posts
 Posted 05/07/2012  8:10 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
List price is <only> $2,800! :-) Nice gift!

http://www.coinsandcanada.com/coins...nt-1920-1936
New Member
Canada
7 Posts
 Posted 05/07/2012  8:23 pm  Show Profile   Bookmark this reply Add Clueless89 to your friends list Get a Link to this Reply
Where would be a good place to go to sell this?.. I have no use for this coin or the others that I do have... ?
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matthewvincent's Avatar
United States
3486 Posts
 Posted 05/07/2012  8:25 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Do not worry about posting in mistake. [Re: a previous post]
There are a few of my posts that I would want to delete but I also do not know how.
I have always liked to pull and save Canadian coins from circulation.
Your cent is very nice.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 05/07/2012  8:42 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
If you have a local coin dealer you can try them. Just make sure you know the list prices before you go in. And respect the fact that the dealer needs to make a profit/living too so they won't offer you list price. If you can find a coin show in your area there will be a number of dealers you can visit and get offers from. ebay offers the best buyer/seller protection if you want to sell it yourself but the ebay & Paypal fees will cost you about 15% of the selling price. You can also use Kijiji, Craigslist etc. To list items for sale on the forums here you need at least 250 posts.
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kuh_85's Avatar
Canada
2366 Posts
 Posted 05/07/2012  8:45 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
p.s. Remember, there is no 'firm' list price. The website I gave you is 1 source, there is a Trends newsletter most dealers subscribe to that is another source. Charlton coin catalogue may be available at your local library (or you can pick up a copy for about $25) that is another source. If you want to maximize your return you'll need to do a bit of homework. :-)
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Canada
9874 Posts
 Posted 05/07/2012  9:03 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Tough to sell an ICG graded Canadian coin,look into having it graded by ICCS or PCGS.
New Member
Canada
7 Posts
 Posted 05/07/2012  9:41 pm  Show Profile   Bookmark this reply Add Clueless89 to your friends list Get a Link to this Reply
Thanks everyone.. I just want to sell it and get something for it since I have no use for it, or the other coins I was given.But thank you all for the quick responses and the website link helped me get some other info on the other coins I was given. I appreciate it.. Also; DBN curiosity has me why is ICG hard to sell?
Valued Member
54dollarcoin's Avatar
Canada
475 Posts
 Posted 05/08/2012  09:33 am  Show Profile   Bookmark this reply Add 54dollarcoin to your friends list Get a Link to this Reply
This looks like a very nice "key" date coin. Do your self a real favour and send it to ICCS to see what they will cross grade it at. ICG coins do have a rather optimistic view on Grading coins sometimes. They can be low or high or right on, have seen all scenarios in the last 10 years. Get it cross graded!! Also sell it after getting three legitimate offers based on the ICCS grade. Good luck!!
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pimpim's Avatar
Canada
111 Posts
 Posted 05/08/2012  09:48 am  Show Profile   Bookmark this reply Add pimpim to your friends list Get a Link to this Reply
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kitkat1858's Avatar
Canada
371 Posts
 Posted 05/08/2012  12:34 pm  Show Profile   Bookmark this reply Add kitkat1858 to your friends list Get a Link to this Reply
ICG and some other American grading firms tend to overgrade. I would be suprised if this coin sells for 50% of its current trends value in this holder.
New Member
Canada
7 Posts
 Posted 05/08/2012  1:42 pm  Show Profile   Bookmark this reply Add Clueless89 to your friends list Get a Link to this Reply
Apparently so, I had asked a friend of mine to do it and wasnt aware he already had it up..
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SPP-Ottawa's Avatar
Canada
10464 Posts
 Posted 05/08/2012  7:26 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
For small cents, original lustre (red colour) is king. I concur with kitkat1858, you would be very lucky to get 40% of that trend price cited above in a ICG holder. Typically, George V red brown MS-62 to MS-64 small cents can be snapped up at auctions for 40-50% catalogue prices. I hope your friend did not set the reverse price too high on ebay.

As an anology, I bought one like that, graded MS-63RB with about 85% red for less than 40% Trends price, in a PCGS holder. You can see it here: https://goccf.com/t/105585&whichpage=1
"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

My eBay store
Edited by SPP-Ottawa
05/08/2012 7:28 pm
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