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 Replies: 102 / Views: 17,320 |
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Moderator
 Canada
10459 Posts |
I paid well above Trends for an NFLD 1880 Narrow 0 in a PCGS EF-40 holder...
The coin I bought, replaced the PCGS VF-20 I had in my collection, which I then sold for full trend price...
Some coins are extremely tough to find in better grades, certainly a lot tougher than finding a bit of extra money in my pocket...
"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
3049 Posts |
SPP:
The same dealer had a few error coins and was very happy to show a few off and discuss how they were created.
For a "newb" like me I appreciated that! He also told me that while most of his error coins are priced quite ridiculously, that's only because he wanted to keep them and would only let them go if being very well compensated..
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Pillar of the Community
Canada
2781 Posts |
Pacific,
what local market do you set up at & when?
cheers
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Pillar of the Community
Canada
5400 Posts |
We are at the Abbotsford Flea Market every Sunday under the big Red and White banner. A few CCF members have been by to see us in the past.
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Valued Member
United States
406 Posts |
Quote:
AG agree with "The Coin" statement on the 1880 Newfoundland cent. We just sold a porous VG and it brought well over 80 per cent of Trends. That coin is a very elusive variety and has always been a popular item. I submitted a nice XF40 example of the 1880 Newfoundland cent in a PCGS holder to Heritage's NYINC auction, if anyone is interested here is a link: http://coins.ha.com/itm/canada/newf...nks-12202013It's the Oval 0 variety. Best Regards,  George Edited by giorgio11
11/27/2015 5:32 pm
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Pillar of the Community
Canada
514 Posts |
Quote:
(michaellisa)... I was directed to "the guy". I showed him my coin and his response was - "if you can't tell a proof from an AU coin - I can't help you". His name was Brian Somebody with dark hair and glasses. Other dealers I had shown the coin thought it would have been the proof.
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Every time one of you dealers embarrasses a parent who brings in their child and asks too many beginner questions
Every time one of you low ball the crap out of a person bringing in coins to sell or "down" the collection they are putting together
Every time you try to carry yourselves superior to a potential customer
------you are hurting the hobby for the rest of us VERY well put. Unfortunately the snob-ism isn't specific to coin dealers, it's a glimpse of the negative side of humanity where people tend to look for reasons to look down on fellow man... Quote:(doubleeagle59)... But I have to laugh at the never ending ebay listings from dealers who still list their coins at full trends with no 'make an offer' option and who list these coins, month after month and year after year. Same coin, same listing as it never sells. What you may not realize (a least this was the way it was when I stopped listing (pretty much anything) on ePay; Listings that do not end in a purchase are often exempt from seller fees - relisting is free. ... But let me ask the burning question here; Is just about everyone focused on making money? I thought this was supposed to be a hobby? (dealers are exempt from these questions of course) It seems to me, that of late everyone is acting like a dealer, they are all expecting to buy low, sell high - and there is a re-occuring theme here of people being concerned about making or losing money... My take, is that this has foremost been a hobby - withthe knowledge that unlike sports cards or comics, these are at their base level coins which have an intrinsic value (which means they should never be worthless; I have been shifting to currency that has base bullion value which over time shold appreciate (versus our dollar depreciating) - so I am shifting my purchases.... But I am still purchasing, when I feel I am getting good value; I only referance my book for mintage, or if it is a higher grade coin that I am considering to see where it is listed versus the asking price - other than that, it's all on gut feeling... I say let the hobby waffle a bit - that give people like me (on the younger side of this hobby's age groupings) the opportunity to fill out my collection woth more interesting pieces. :) |
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Valued Member
Canada
52 Posts |
I'm 16 years old and have been collecting (mostly) Canadian currency since March of 2014, and am enjoying the hobby very much. I've learned alot from online forms like this amazing one and catalogs, ! Thank you everyone on CC for the help in the past . I have 8 binders of Canadian coins rainging from pennies, nickels, dimes, quarters, Au and UNC coins, 50 cents $1 $2. and silver. And lots more in plastic tubes/ sets ! I have made many trades with older people out there, and it's surprising to me there reaction.. A teenager collecting coins!?!. I'm loving the hobby more and more every day and will keep collecting as long as we still have coins around :p thank you everyone for reading this  |
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Pillar of the Community
Canada
987 Posts |
I've been collecting since I was about 8 years old. I'm 61 now. One of the highlights of my week back then was when my dad would empty his change pouch onto the table and let me sort through all the coins he'd accumulated in the prior week. This was back in the early sixties when it was still possible to find lots of better dates in everyday pocket change. I remember finding the occasional Edward 25 cents with the best being a 1904 in around VF. Back in the early sixties you could still find KG 5 and 6 halves once in a while too.
My point in relating all this is that nowadays it is much more difficult to find circulating keepers than it was back then. If I'd had to depend on coin dealers and shows I may very well have never entered the hobby. I wonder if the lethargic prices realized at auctions (I've noticed it too) may have something to do with diminishing interest in numismatics over all? This is just a theory and I may well be entirely wrong. Just putting it out there.
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Pillar of the Community
Canada
870 Posts |
Things I do to promote the hobby to younger people: I include interesting coins when Tipping such as nickel dollars, 50 cent pieces, and War Nickels. When I see a young person in a coin shop I usually will buy them something fun. If I know of a young person collecting through friends, family, business associates then I will gift them a group of items. The last one was a business associates son who was 12 at the time. I gave him a shin plaster , a 1967 $1 bill unc, a couple of War Nickels, KG V nickels, a couple of silver dimes, a few cool world coins, a clipped penny, a colonial token from upper Canada and a few more odds and ends. The hobby will survive on its own merit. But we all can do what we can to promote it to the youth and hope they will gravitate back to the hobby at some time in their later years like I did. |
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Pillar of the Community
 Canada
1751 Posts |
Its great reading all the teens in the hobby, it show promise and that not all youth are gamers. Its also a boost when seasoned collectors do their part to further the hobby. I amazed at the number of youth buying top grade coins too. Some have better coins than I do. My son is luke warm and he is 16, I still have hope. He loves the rainbow toned coins. He keeps several circulation commens on his computer desk. I wonder how many kids will enter the hobby, who's grandparents buy them coins as gifts. Does our circulation commens bring new people into the hobby.
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Valued Member
Canada
55 Posts |
It's probably a sunset market like stamp collecting. It's really hard to sell stamps now. They're talking about gettind rid of physical money because more people are using debit and credit. Not many young people are collecting because they play video games and just have Ikea furniture. Most things are disposable. The older collectors can't pass down their coin collections to their kids because they don't want them or they just sell them to a dealer right away. They were talking about getting rid of the Canadian nickel next on the news. I think the banks and government would want an end to cash because they can charge fees and trace every transaction. Countries like Sweden hardly use any cash anymore. I would like it to continue but it even surprises people at the local stores here in Ontario when I pay with cash. They hand me the debit machine automatically and then take it back when I say I have cash.
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Pillar of the Community
Canada
2845 Posts |
Interesting article about a Cashless Future http://www.cbc.ca/news/business/cas...da-1.3382335I hadn't thought about it before but I have to agree with the following. Spending money is reduced to a keystroke, not unlike r, y or @. "Without the physical attribute of taking cash out of your wallet and paying for something, we're missing one of the senses that allow us that brake on some of the decisions that we make......" |
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Pillar of the Community
Canada
1442 Posts |
At 36, in the hobby for 5 years, and I just dont buy the doom and gloom (I do buy plenty of coins though).  As for the biblical flood of baby boomer collections hitting and drowning the market, I have yet to see any signs of this, and I would welcome it with open arms...  The market IS soft right now, probably as the markets are about to have a little (or big) crash, and neither OIL nor $CDN have bottomed...we're having a 2008 deja vu here, or 1937?  In either case...it will be an ugly year for assets but a fantastic opportunity to buy some great coins, enjoy them, and watch them grow in value as inflation returns with a vengeance...  The mintages of early Canadian coins are miniscule, the coins are beautiful works of art, the Canadian variety market is a huge sleeper, population keeps growing, inflation keeps going and prices will trend up.  I think the comparison with STAMPS is a false one. There will always be beautiful gold and silver bullion coins minted that will DRAW people into numismatics. There is no such draw for stamps. I never understood the appeal of stamps..paper is paper, add a tiny bit of ink and voila - millions of stamps, it's NOT a hard asset, and unless the paper in question is a 1000 year old historical document...well, it's just paper. Paper money is comparable to stamps in this regard.  Edited by canadian-varieties
01/13/2016 01:40 am
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Pillar of the Community
Canada
1751 Posts |
Great input everyone, I am enjoying this thread and learning so much. It certainly is a  moment for me. I hope its helping others too. How is inflation impacting the hobby, is it bad, good, or doesn't matter. I had given no thought to inflation effects, until I read the thread on the thousand dollar note. Someone started talking about how inflation had eroded the purchase power of that note. It stated me wondering about answers to many questions. One being how does it impact the value of a collection held for twenty five yrs. Any thoughts on this aspect. Dealers cannot hold coins long term, true or false. |
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Pillar of the Community
Canada
955 Posts |
Carried with me at all times. 1951 Sudbury nickel half moon
1968 AU silver dime,1969 EF dime.to show date size difference.
A bare belly nickel( the good one),and a 1991 25cent piece to tell
them the mintage.
Waitress's,Cashiers,Tim Horton's ,KFC , anywhere I get change and there's tip jars.
A short story on one of them or two,tell about the 73 mountie,and invariably "what?Are you kidding
me? I've seen hundreds of them !"
And of course point them towards this forum
A new collector is born and I gain a new resource.Most importantly? Be honest with them.
They find a rarity and show you ? let them know what they have and offer a fair price.
they say they always check there change and show finds to me first.
Just having a normal conversation with a teenager is often reward enough.
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Posted 11/17/2015 11:50 pm
