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 Replies: 17 / Views: 3,691 |
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Valued Member
Canada
86 Posts |
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Pillar of the Community
United States
1026 Posts |
So what?
The certificate has NOTHING to do with the minting of the coin. The coin may well have been the last that was struck.
I really don't understand the excitement about certificate numbers. EVERY number is unique, not just 1! ;)
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Pillar of the Community
Canada
6768 Posts |
Still, coin #1, doesn't meter if really was struck as first.
After all, people collect coins + Certificates and Boxes.
But the recent coin "infinity" from everywhere will significantly reduce the interest to the previous NCLT.
So...for this coin I even not sure, that will be the single bid with this starting price.
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Pillar of the Community
Canada
2019 Posts |
Ya to some collectors the COA number can mean the difference between issue price and many times issue price depending on the coin/coin set etc. Look at the 2013 Dr Who coin with Tardis, COA 1 sold for over $2000 I believe when issue was $120. appox. Then least we forget about the No 1/20,000 2012 last million penny roll which sold for over $6000 and issue price was about $10. Or was it number 20,000/20,000 that sold for over $6000 I cant remember lol. None of these coins are any different from the other coins but the COA is. Edited by Northerncoins
02/23/2015 11:04 am
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Moderator
 Canada
10458 Posts |
Some food for thought...
It is infinitely easier to counterfeit a COA, than a coin itself...
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1505 Posts |
It is kind of funny, I remember watching the video for the last run of pennies and how the last million went into a big vat, except the very last coins (a couple hand fulls) that went into a bowl. I might pay a premium for one of the pennies from the bowl (if properly authenticated), but a COA, unless stamped on the coin/note, not too concerned with it. I think it was #20,000 that went for $6k.
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Pillar of the Community
Canada
1269 Posts |
I cannot see myself paying a premium because of the certificate number. Then again, why would anyone pay over face value for a coin.
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Moderator
Canada
10458 Posts |
Quote:
Then again, why would anyone pay over face value for a coin. Careful... those are "fightin' words"in a NCLT forum...  "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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
570 Posts |
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Then again, why would anyone pay over face value for a coin. Because nobody sells it for less. Btw., perhaps you meant "issue price", not the "face value"? |
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Valued Member
Canada
234 Posts |
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EVERY number is unique, not just 1! I agree with this completely. I see ebay ads all the time with "very rare certificate number" when it is 7,8,9, 100 /8000 or something. It is not any more rare than my 1961/8000, I don't see why they would expect to get many times issue price for it. For the very first and very last one I could see some collectors paying a premium but to me the COA number doesn't mean a whole lot. |
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Pillar of the Community
Canada
2019 Posts |
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I don't see why they would expect to get many times issue price for it Because people pay more for "special" COA number,if no one paid anymore then issue/currant value for all the COA numbers then the sellers wouldn't have a market , but people do paid more, in some cases a lot more. Some people spent good money to buy a "rock" years ago, oh wait "pet Rock" lol why do people spend money on some things is beyond me but they do and there is always someone willing to profit by it, go figure... Edited by Northerncoins
02/23/2015 1:44 pm
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Pillar of the Community
Canada
2984 Posts |
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Because nobody sells it for less Not willingly. I've sold plenty of coins below issue price in order to get rid of them. |
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Pillar of the Community
Canada
1269 Posts |
@SPP-Ottawa, @mts
Sorry, I was just playing devil's advocate.
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Pillar of the Community
Canada
2984 Posts |
The number eight is very important for many Asian people. So you have a coin with a COA of 8888, you will get a substantial premium if you sell. Eights sound like the word for prosperity in the Chinese language. On the other hand a COA of 4444 is not wanted. Fours sound like the word for death.
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Pillar of the Community
Canada
6768 Posts |
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On the other hand a COA of 4444 is not wanted. Fours sound like the word for death. I have some nice coin, that I want to sell, with COA '4444'. Specified it, cause I know, that it might be important to the people. As always, I listed it for 60% - 70% market value, and no takers. |
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Pillar of the Community
Canada
1823 Posts |
Edited by yingyang
02/23/2015 3:59 pm
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Replies: 17 / Views: 3,691 |
Posted 02/23/2015 10:26 am
