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Question Re: 1967 $20 Gold Coins

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aghawk's Avatar
Canada
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 Posted 01/22/2017  11:42 am Show Profile   Bookmark this topic Add aghawk to your friends list Get a Link to this Message Number of Subscribers
Hoping this is the right section to post this in.

Just wondering if there are any varieties or errors attributed to the 1967 $20 gold coin. I have not found any but am hoping someone here would have more extensive knowledge.
Thanks in advance for any replies.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 01/22/2017  12:02 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
I don't know if there are any..I doubt there are any known by there could be some out there. They are treated as bullion coins so they often aren't paid attention to closely. And since so many are melted a new variety could be rare..Or still common due to the high mintage. I'll start keeping my eyes open.
Feel free to call me Will.
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aghawk's Avatar
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 Posted 01/22/2017  2:13 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
I'm really hoping at some point in time the realization will come around as to how many of these have been melted over the years and perhaps these coins at some point on time will bring more than bullion value. They are a nice looking coin. I also like the fact (as far as I know) these coins have been flying under the radar of the counterfeiters.
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thedollarman's Avatar
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 Posted 01/22/2017  2:18 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
it won't be realized how rare they are til they have been made rare..which will take a long time..i am working on a high grade set of 1967 coins in SP, PL and UNC, so right now I have no complaints with them being near melt as it makes it easier for me to pick up a nice example for my set lol.
Feel free to call me Will.
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Canada
2784 Posts
 Posted 01/22/2017  2:24 pm  Show Profile   Bookmark this reply Add rocky to your friends list Get a Link to this Reply
i have a chance right know. to purchase a collection that has 3 of these 1967 20 dollar gold coins. all the owner wants is the value of the coins weigh. this collection has a lot of silver. some very nice coins. its sad that these older collectors. have to sell these collections because the family does not want them. I here the same story every time sell it dad or mom. give us the cash I shake my head.
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 Posted 01/22/2017  3:48 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
It is sad, I wonder if there is a decent tax write off for donating your collection. When my time comes (hopefully not for a long time), but if the family does not want them and are jerks about it...

I wonder if a community museum would take something like that? Assuming you have a good quality collection.
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aghawk's Avatar
Canada
343 Posts
 Posted 01/22/2017  4:14 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Hey thedollarman.

These all came in the same sets right? So how do you determine grade? Would they not all be about the same? Is there a difference between SP and PL? You also mention Unc as well.

The only difference I can see would be if some strikes would be better than others (would these be high relief?). Taking a quick close look at the ones I have I can only determine a slight difference.

I'd also understand if some of these show more wear just because they were handled more.

Any additional info would be appreciated. If you have photos showing difference between PL and Sp that would be great.

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thedollarman's Avatar
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 Posted 01/22/2017  4:39 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
yes, the gold $20 is only a specimen strike and came in the black boxes along with the rest of the coins in specimen finish.

determining grades of PL and SP coins can be tougher than a regular circulation strike.this is because blemishes are more noticeable and also because they are handled better than a circulation strike and with more care. higher grades like SP-67 are fairly common for dollars ,and half dollars but for lower denominations like cent and dimes, there seems to not be as many in higher grades..this is quite possibly because people don't certify them as much.

yes, there is a difference between SP and PL..they are worlds apart, and in case you did not know previously, PL is prooflike and SP is specimen. prooflikes are found in the pliofilm packaging and specimens are found in the black cases. they are different strikes as well. a specimen is struck twice, and is fully and boldly struck to show all details, while PL coins are more like carefully handled unc coins off of fresh, polished dies and better planchets.

a better, fuller strike is different from a high relief design. a full strike and an average strike from the same die is not high and low relief because the design is the same relief on the die. a high and low relief example would be the SF and NSF coins of 1953, the NSF coins were high relief, the design was very high and usually did not strike up well due to the depth of the design. because of this, they lowered the relief and enhanced the shoulder fold, because they lowered the relief, the design was lower and could be struck up much easier.

the difference between SP and PL is most noticeable on the dollars..with cents and dimes and other lower denominations it can be a tough call. I will show pictures of my SP dollar compared to my PL dollar in a follow up post.
Feel free to call me Will.
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DEVLEC's Avatar
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3234 Posts
 Posted 01/22/2017  5:09 pm  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
The first coins that I ever ordered (as a teenager) from our mint was that 67 set in the black box. No one was home, so the mail person just left it propped up against the front door.(for anyone) Postage was included in the order and it cost a whopping $35.00 all-in. For me at that time ,..it was a bit of a splurge..

The $ 20 gold piece was spectacular (for me at that time).

It had a very sharp and heavy cameo on it..I don't know if the cameo comes in lesser or heavier amounts..

At that time, it was the prettiest coin set and the most important piece in my collection..

.,
Edited by DEVLEC
01/22/2017 5:13 pm
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thedollarman's Avatar
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 Posted 01/22/2017  5:14 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
here is my PL-66 UHC and SP-67 UHC, the PL is on the left and the SP on the right.

Question-Re:-1967-$20-Gold-Coins
Question-Re:-1967-$20-Gold-Coins

notice the hair curls above the queen's ear, her cheek, and her shoulder. due to an almost complete, but not fully complete strike, the PL shows a break in the cameo effect on her hair curl..this is due to the planchet not completely filling the die-thus the almost complete strike. on the cheek and shoulder there appears to be some minor chatter, this is actually minor hits on the planchet that were there before strike..they were not obliterated by the strike..you can notice this on the neck of the goose on the reverse as well. now compare it to the SP example, the SP coin has a fully struck hair curl above the ear and a fully defined line on the queen's shoulder showing the queen's garment. it also had none of that minor contact from the planchet on the goose or the cheek and shoulder, this is because the pressure of the SP strike and the double strike obliterated it and made a sharper, fuller strike. also notable is the rims..the PL has somewhat full rims compared to a circulation strike but they are not full, they are somewhat thin, aren't they? now look at the SP coin..the reverse rim is fully struck and is quite wide and flat..a noticeable difference.


also please note above the goose and under the word dollar, on the PL examples there is always some minor surface roughness or dimpling of sorts because of the previously mentioned minor chatter on the unstruck planchets. now look at the SP..the bold, deep strike obliterated the dimpling and left a perfect, smooth surface.


i hope I helped and sorry for the crappy pictures
Feel free to call me Will.
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aghawk's Avatar
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 Posted 01/22/2017  5:19 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
So it seems the the cameo may be the only variation on the coin.

I was only 9 at the time and although I remember a lot of the celebrations in regards to Canada's 100th birthday.
I really wish I would have been more informed about the importance of gold and silver - especially with silver being taken out of the coinage at the time. Coin roll hunting in 1967 would have been a blast.
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aghawk's Avatar
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 Posted 01/22/2017  5:24 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Thanks for the photos. I will take a closer look at them.

So the "chatter" is a result of the coin not being fully pressed and remnants of a not fully polished planchet?
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thedollarman's Avatar
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 Posted 01/22/2017  5:28 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
and another thing, now that DEVLEC brought up cameos, the set I am working on is ICCS Ultra Heavy Cameo aka UHC. UHC coins in this series are pretty tough, SP-66 UHC dollars are available and a nice one can run you about $100+, a SP-67 UHC meanwhile is rare and the last one to sell on icollector fetched about $600. SP UHC 1967 coins over all are tough or tougher, I have never seen a cent or nickel in UHC, and have only seen 2 dimes in UHC..one SP-65 UHC and one SP-67 UHC..i was lucky to get the SP-67 UHC dime and it cost me about $150. SP quarters and halves in UHC are tough too, an SP-67 UHC quarter sold for about $600 after shipping on icollector and the half in the same grade got round the same price. these coins in UHC are truly gorgeous to admire, they are pretty tough too as I have expressed above.


PL coins in UHC are even tougher, my PL-66 UHC dollar shown above sold for around $700 a few years ago when the market was better, and there are currently 3 certified by ICCS with 3 in PL-67 UHC. halves in PL UHC are rare and gorgeous as well. in the 2015 pop report there was only 1, it graded PL-64 UHC, now there are 3, 2 are higher grades, I think PL-67. the cent, nickel and quarter are rare in PL UHC too. I don't know how many there are, but I've never seen either in UHC besides a previously sold PL-65 UHC nickel and a previously sold PL-67 UHC cent, as for the quarter..there are none certified yet in UHC. as for dimes, there are only around 3 currently and may be the toughest of the 1967 PL coins to fins in UHC(besides the quarter), there are only 2 dimes listed, one PL-64 UHC and one PL-66 UHC..i just got my PL-65 UHC which cost my about $80 and isn't in the report yet.

so considering these coins were produced in huge quantities, UHC examples are pretty hard to come across. a couple of years and I have only found myself 2 UHC halves and 1 UHC cent in sets, which will soon be off to ICCS.
Feel free to call me Will.
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thedollarman's Avatar
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4911 Posts
 Posted 01/22/2017  5:31 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply

Quote:
Thanks for the photos. I will take a closer look at them.

So the "chatter" is a result of the coin not being fully pressed and remnants of a not fully polished planchet?


I'm not sure of the exact process, but during planchet production, the planchets got hits and small dings, likely from being tumbled around together in some kind of polishing process. PL strikes almost always have it because of the striking pressure while SP coins never have it because of the high pressure and multi strike which obliterates these imperfections.
Feel free to call me Will.
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aghawk's Avatar
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 Posted 01/22/2017  7:27 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Thanks for the explanation - makes sense.
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 Posted 01/22/2017  8:20 pm  Show Profile   Bookmark this reply Add Tee to your friends list Get a Link to this Reply
Thanks for the explanation, very informative.

Devlec, I think I paid $40.00 for my set back in the day ... you got a deal at $35.00!
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