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Bank Of Canada 1912-14 Gold Coin Special RCM Release

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Valued Member
Canada
430 Posts
 Posted 03/23/2013  9:06 pm  Show Profile   Bookmark this reply Add Coinsplus to your friends list Get a Link to this Reply
@Bibo, this is not my coin. It is an auction from Heritage. Here is a link to PCGS fee and services.
http://www.pcgs.com/servicesandfees/

@swrbxxx, I got to believe that PCGS can do a better job. The gash in the crown is so noticeable as well, and I have no idea what that thing is on the face of King George V as it distracts the overall appearance of this coin. It must have been graded on a Friday... Anyhow, many others just like this are being overgraded. It's not the only one I have seen with the Canadian Gold Reserve Slab from PCGS that is so rough that the grade does not justify the actual condition of the coin. I have yet to see a clear image of a coin in a PCGS Canadian Gold Reserve Slab with a justifiable grade. The previous PCGS grading standards before they came up with the Canadian Gold Reserve slabs is a lot more precise and representative of the gold coin grades. Every coin that I have seen so far in these new slabs are over graded, IMHO.
Edited by Coinsplus
03/23/2013 9:39 pm
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/23/2013  9:39 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
That is the exact reason I don't buy graded or get my coins graded. I grade my own coins using the poor, nice, very nice, I'm buying it!" scale. It is pointless unless you want to sell them.
Beauty is in the eye of the beholder. It's like getting a car appraised. If the guy likes Fords (and of course everyone does. Hehehe.), he tends to appraise a little better than a Honda.
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 03/23/2013  9:49 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
I don't disagree with the MS63 grade for the coin on the last page because if you don't use magnification and look at the coin with the naked eye, the scratches are not that bad. Every one of my gold goins have scratches/bag marks on them. They are unavoidable. I think PCGS factor that into their grading. They look at the overall quality of the coin and it averages out to MS63.
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canadian_coins's Avatar
United States
2408 Posts
 Posted 03/23/2013  10:11 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply

Quote:
Being a master club member only benefits you by getting advanced notice of coins to be released.


Not really. Free shipping is the incentive for me.
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canuck1us's Avatar
United States
1002 Posts
 Posted 03/23/2013  10:18 pm  Show Profile   Bookmark this reply Add canuck1us to your friends list Get a Link to this Reply
The free shipping and being able to order some of the hot items before they get sold out are the best benefits for me as a MC member.

Following these coin forums lets you know what is coming out before you get a MC notice from the Mint. Canada Post does offer free shipping but they don't have all of the coins available and sometimes they are sold out before they get to Canada Post.
Valued Member
Canada
430 Posts
 Posted 03/23/2013  11:00 pm  Show Profile   Bookmark this reply Add Coinsplus to your friends list Get a Link to this Reply
Here are images of a PCGS coin graded before the hoard. I can only assume coins like this will be cracked out and re-submitted. This coin certainly grades higher when compared to the previous coin.

Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release

Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release

Bank-Of-Canada-1912-14-Gold-Coin-Special-RCM-Release
Valued Member
Canada
128 Posts
 Posted 03/24/2013  09:55 am  Show Profile   Bookmark this reply Add sbr to your friends list Get a Link to this Reply
I agree with MoneyPenny on the grading ,while I was waiting for my coins to arrive I purchased some sovereigns and they have the same scratches and they were graded by ICCS and one is a ms 62 and the other is a 63.If you go to pcgs and read their grading standards the flash and overall look rates very high for them after the technical points.the light surface marks I think show up more because they are fresh out of the bag,coins graded in the past might not show the same surface marks if they were handled just a bit.When I look at the finish or sheen on my hoard coins I am very impressed.I am sending mine to pcgs as soon as the last one I ordered a couple of weeks ago arrives" .I want to thank all the collectors on this site for the info that helped me to order some more after they were sold out.
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Canada
867 Posts
 Posted 03/24/2013  10:05 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
It looks like PCGS is giving that extra luster of the hoard coins a very heavy weighting. It does have far more luster than the MS62, but I think those heavy scratches are distracting from the eye appeal.
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 03/25/2013  2:37 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

An update.

I got another e-mail saying it will be shipped within 10 days.
On March 7 it was 7-10 days.

LOL!
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/26/2013  11:47 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Dialog,

Your patience is way greater than mine. I just ordered a few more of the new release coins. I'm counting on them being late so I can save a few bucks to pay for them
Valued Member
Canada
430 Posts
 Posted 03/27/2013  12:31 am  Show Profile   Bookmark this reply Add Coinsplus to your friends list Get a Link to this Reply
CC-Ottawa, I found out the official number of Premium Hand-Select $5 Gold Coins.

They are as follows:
1912: 75
1913: 113
1914: 103
----------
Total 291

This can be verified by other members here who saw the official RCM release. So, those who said it was a total of 228... that number is incorrect, and 1913 was not the lowest coin of 45 but in fact the highest in the 3 coin Premium Hand Select Series.
Edited by Coinsplus
03/27/2013 12:34 am
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darryldarryl's Avatar
Canada
2428 Posts
 Posted 03/28/2013  09:16 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Here is a great question based on Premium Select numbers posted above...If you have Premium Select Gold Coins, do you leave them in the original packaging or have them graded by PCGS?
Valued Member
Canada
85 Posts
 Posted 03/28/2013  09:21 am  Show Profile   Bookmark this reply Add Devack to your friends list Get a Link to this Reply
I could care less about grading I'm keeping mine in the capsule it came in
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 03/28/2013  09:26 am  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply
@Devack Going to be keeping mine till I die most likely so will be keeping it as is from the Mint.
Valued Member
Canada
85 Posts
 Posted 03/28/2013  09:30 am  Show Profile   Bookmark this reply Add Devack to your friends list Get a Link to this Reply
Same here
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