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How Rare Are Canada Small Cent Rolls From The 1940's?

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Pillar of the Community
Canada
5324 Posts
 Posted 11/25/2015  09:51 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Just look back at the BOC thread for the famous PCGS video and watch and listen to the Canadian dealer talking about early access and buying or brokering half of these coins, I am sure he didn't just take random selection from the RCM of au to ms63. The Landon collection was auction in Feb. was a private collection of mainly large cents rolls some blast red, but it was private not two crown corps. affecting the marketplace.
Edited by john100
11/25/2015 09:53 am
Pillar of the Community
Canada
1505 Posts
 Posted 11/25/2015  1:38 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
I have seen the video a few times, you might have missed the part where he said he was not there for the final sort, which implies that he did not have special access to pick coins when they were shipped out. He did act as a consultant to the mint on how to sell the coins. I have not read/heard anywhere (from a published source) that he or anyone received first choice, other than the Canadian gov't for archival purposes. He did say he helped broker half the coins for the mint, mainly to US wholesalers/distributors. Maybe there is a darker side to the story, but I did not see it in the video.

Are you implying that a government should not dispose of assets in the most profitable way? If they had a surplus of metal desks, should they only sell it for scrap because it might lower the market price for used desks? I think they made a smart fiscal choice by seeking a higher return.

We are probably getting a bit off topic for this thread, some of this should probably go to the BOC thread.
Pillar of the Community
Canada
5324 Posts
 Posted 11/26/2015  04:36 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
I'll leave it with these last comments, do you think he didn't cherry pick his half, why was he allowed more than one unit, I have talked to this dealer at GTA show about this purchase, if he had advance choice and he winked his eyes at the question. At the end if you are happy with your purchase cool, I just have a problem with openness and fairness.
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 11/26/2015  09:20 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I know the dealer you speak of. I suspect he was heavily consulted in how to distribute the hoard, perhaps his payment terms were a little unconventional? Maybe he can't say much, because he signed a confidentiality agreement with the RCM... a wink tells me a lot, like exactly what he is not saying.

Also, if you read the CN Journal, in the two-part article interview with Brian Cornwall, you will read that Brian spent a couple months here in Ottawa, sorting through the entire hoard to determine which were to be melted, and which were to be sold.

"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

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DEVLEC's Avatar
Canada
3234 Posts
 Posted 11/26/2015  09:48 am  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply

Quote:
I would consider a mess to be a bunch of 1911 silver dollars becoming available.



No..No..No..!!

That would be wonderful news to all collectors 'except' the one that's in private hands now.

I'd love to see a bunch of 11 dollars come out similar to the gold pieces that the mint threw out..

I would finally be able to fill that hole in my 11 case..
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