| Author |
 Replies: 55 / Views: 11,972 |
|
|
|
Pillar of the Community
Canada
999 Posts |
I think it is great that a lot of shows are trying to encourage kids to come out with play money auctions and donations from dealers. My kids are too young still, but I'm planning on giving them as well as niece and nephews different inexpensive coins that I have multiples of and may peak their interest in the hobby. Some examples are the 1967 one and five cent, 1942 tombac five cent, nickel 50 cent and dollars, 1973 quarter, 1976 U.S. quarter. That way I'm hoping the hobby will stick for at least one of them, then I can pass my collection along to the next generation. I'd prefer that rather than selling it to a dealer who will break it all up and resell.
|
|
Pillar of the Community
Canada
2781 Posts |
Quote:
What issue was pre-1858?  been away from this thread for a while, but... while some are technically "tokens"... there are some actual "coins" in the category "pre 1858" (and judging from the results in the recent Doug Robin's sale I will stick by my opinion that the really good stuff is doing quite well)   Edited by Wade
04/24/2018 9:03 pm
|
|
Pillar of the Community
Canada
849 Posts |
I have tracked ebay auction TPG Canadian Silver Dollars for the last five years. So my comments only apply to graded Canadian dollars. My observation has been this. I have not seen much of an increase, in fact perhaps a slight decrease overall in prices, with one exception. While the ICCS coins are doing nothing, the PCGS and NGC are on the rise. And I am not talking just about the 1945s or 1948s. Even common PCGS and NGC 1950s and early 1960 silver dollars are selling often 20% more than ICCS and often for more than Trends for an MS63 coin. My only theory is that they are being bought by USA collectors who want the name recognition of the holder and who can bid higher with the strong U.S. dollar. Any other theories are welcome. Edited by punman
04/25/2018 3:19 pm
|
|
Valued Member
Canada
288 Posts |
I completely agree with what has been said by previous posters. Namely, that the dominance of ICCS in the Canadian market, its increasing inconsistency, and its lack of recognition elsewhere hinder the market tremendously. While U.S. (and advanced Canadian) collectors are building Registry Sets and competing against one another, our singular grading service lacks a basic website or email address. We can't even get current population reports to increase our understanding of availability by grade. Correct me if I am wrong, but the last report was published in 2016. This is unacceptable in my opinion, and is a large part of the stagnation in the Canadian coin market. Unfortunately, the market is too small for PCGS or NGC to set up an office here, and most Canadian collectors would rather pay $7-$13 to have their coins graded.
|
|
Pillar of the Community
Canada
5324 Posts |
One has to take an important factor with today's influx of internet auctions being the main way cool coins are sold and the uncool ones were there is barely a market. The 18 to 20% fees along with HST adds almost 30% to the selling prices, thus depresses the sold prices except for the really rare units, this I conclude doesn't completely reflect trends
|
|
Valued Member
Canada
299 Posts |
As to ICCS...I really like the flips for binder storage/organization. Maybe flips only caught on in Canada? If PCGS or NGC ever went this route (as well as hard slabs), I'd certainly consider slowly swapping my ICCS out. Currently at around 1500 ICCS flips, the cost would be quite a bit.
|
|
Moderator
 Canada
10459 Posts |
I am slowly converting my entire collection from ICCS to PCGS... it is not cheap, and I am learning some (expensive) lessons from my early days of "buying the holder"...
But in the long run, I think my collection will benefit from this... plus, playing the Registry Set game is a little bit addictive...
"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
|
|
Pillar of the Community
 United States
1353 Posts |
SPP - we all have learned some expensive lessons. In 2009 I bought an 1884 obverse 2 cent in ICCS MS-65 Red (old two letter holder). This was pre-Landon and other recent sales and was a condition rare coin back then (PCGS had graded zero in 65 Red back then). Paid $2,500 USD for it. Tried three times over the years to get it to cross into a PCGS holder, to no avail. Last month I gave up the ghost, cut it out, and sent it to PCGS raw. It just came back in a PCGS holder at MS-64 Red (pop 8 with 3 finer). It is still a very nice, 100% red, condition scarce coin, but with too much chatter and a few too many spots for PCGS 65 Red. You can see it here: https://www.PCGS.com/cert/35369065Full Trends for an 1884 cent in 100% red is now about $1,200 CAD. Maybe my kids can someday get $2,500 USD out of it, but it won't happen in my lifetime. This is only one such example that I could describe. Anyone who thinks ICCS grades mint state Victorian cents harder than PCGS might want to rethink things. C'est la vie. http://www.victoriancent.com2011 & 2025 Fred Bowman Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
Edited by bosox
04/25/2018 5:27 pm
|
|
Pillar of the Community
Canada
2495 Posts |
Quote:
Anyone who thinks ICCS grades mint state Victorian cents harder than PCGS might want to rethink things. Even I will admit if you're going after mint state 'red' copper, you better buy PCGS and not ICCS. But this is the only time I would recommend PCGS over ICCS for Canadian coins. |
|
Bedrock of the Community
13014 Posts |
Quote:
As to ICCS...I really like the flips for binder storage/organization. Maybe flips only caught on in Canada? If PCGS or NGC ever went this route (as well as hard slabs), I'd certainly consider slowly swapping my ICCS out. The flips are one of the many reasons such as what NumisCat described for why ICCS is so localized. The David Hall Group which really was the precursor to PCGS used to use the same style flips decades ago and then the hard holders came which have been considered a big advancement. It's hard to imagine any reason why PCGS/NGC would consider going back to a soft flip slab |
| |
Replies: 55 / Views: 11,972 |
First Page
Previous Page
Posted 04/24/2018 9:02 pm
