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1949 5 Cent Canada PCGS MS-66

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Pillar of the Community
Canada
605 Posts
 Posted 12/15/2018  4:29 pm  Show Profile   Bookmark this reply Add Coin-Flipper to your friends list Get a Link to this Reply
Pacific coin, I don't think this coin is worth having it cross-over. Not worth the money spent for what it's worth.
Pillar of the Community
Canada
1505 Posts
 Posted 12/15/2018  4:31 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
There are definitely many here with more experience than me, but I think you need to know the grading styles of each company to make a decision on when/where to upgrade. I have seen and owned içcs MS 62's that would be marked as cleaned by PCGS (rightfully so), but also seen au 50 in PCGS holders that would xf40 at ICCS (rightfully so). End if the day, it is the coin in hand, not pictures or label on a case that matter.

If the label is all that matters, I have a nice ICCS ms64 1968 silver 25 cent piece that is magnetic that someone can buy, as magnetic silver is quite rare ;-) should be worth a boatload.
Pillar of the Community
Canada
605 Posts
 Posted 12/15/2018  4:51 pm  Show Profile   Bookmark this reply Add Coin-Flipper to your friends list Get a Link to this Reply
Hey Purelywasted, I don't have much experience either I am fairly new and have been collecting for over 4 years and it's all in the sense for understanding more...

Although I know I would never want to crossover an ms66 from PCGS to ICCS unless I had reason to believe it could score a 67 or higher and worth 100,000.

This coin has had a catalogue value from Charlton in 2015 of $6000. I think that's crazy....given that trend is usually 50% off catalogue ? Would someone put out 2000 for it, or even half 1000. No I don't think this date deserves this prices but I think the catalogues should do a better job at addressing prices for new collectors.


I am trying to complete the 1949 monetary series with higher grades. That's all

I have the nickel and the dime and the dollar and the half in top grades. Stumbled across weird numbers that I am not sure who is guiding to these catalogues but they are insane....
Pillar of the Community
Canada
605 Posts
 Posted 12/15/2018  4:57 pm  Show Profile   Bookmark this reply Add Coin-Flipper to your friends list Get a Link to this Reply
I'm always all about buying the coin and not the labels but my issues are CATALOGUES!! I think dealers are stuck with bad inventory and they want premium prices. Are dealers guiding catalogue prices ?
Pillar of the Community
Canada
1505 Posts
 Posted 12/15/2018  5:35 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply

Quote:
Would someone put out 2000 for it, or even half 1000. No I don't think this date deserves this prices but I think the catalogues should do a better job at addressing prices for new collectors.


An MS 66 is a very high grade, so normal pricing rules don't really apply. At the top end of the market, it is the person that wants it the most. You will notice that I posted charelton's giving MS 65 = $150, where MS 66 is 40x that value, this is a perfect example of the very high grade. CoinsandCanada probably has the best estimates at current prices, (in your case ~$800). Personally I would not pay $2000 for a 1949 nickle, I would be happy to settle for a MS 65 at $100 or more likely at MS64 at $40.

You might appreciate this 1949 $1. The toning and color make for a very cool coin. It looks like a ship on the sea with a cloudy sky, definitely one of my favorites.

1949-5-Cent-Canada-PCGS-MS-66


Valued Member
Canada
395 Posts
 Posted 12/15/2018  5:42 pm  Show Profile   Bookmark this reply Add Talonbat to your friends list Get a Link to this Reply
The main issue you are missing still is what pacificcoin pointed out. An ICCS MS66 is going to be far more rare compared to a PCGS and will generally sell for quite a bit more.
Too make a comparison of what pacficcoin mentioned in the Victoria North sale the MS66 sold for 2500, in 2010 an MS67 PCGS coin sold for 1035USD when the US dollar was worth less then Canadian dollar. This is by no means an endorsement of ICCS or criticism of PCGS it's just comparing apples and oranges, they are not the same thing and our prices are based on the ICCS side of things.
The catalogue values are always crazy but when you start using prices for MS66 ICCS for a PCGS MS66 things will get even crazier.
I actually heavily collect this series of coins I'm going to assume your coin is probably going to sell for in the range of $300-400. When in doubt coinsandcanada can be pretty accurate compared to any other resources out there.
If the coin crossed to ICCS MS66 I would keep it in the PCGS holder and sell it with both certificates, you absolutely will get alot more then what I said in that case.
Pillar of the Community
Canada
605 Posts
 Posted 12/15/2018  6:40 pm  Show Profile   Bookmark this reply Add Coin-Flipper to your friends list Get a Link to this Reply
I love that coin. "The Mathew" sailed by John Cabot first to nfld. First commemorative coin issued and welcoming nfld and Labrador to Canada. Pretty cool history and pretty cool coin. One of the reasons I started collecting is my Father in law who's is a Newfie!! He has a cool collection and I try to keep up with his!

I m sorry if I missed out any points but thanks for explaining as I didn't know there was a significant difference in pricing in catalogues.

Thanks for all the info!

Valued Member
Dollar 1935's Avatar
Canada
321 Posts
 Posted 12/17/2018  03:18 am  Show Profile   Bookmark this reply Add Dollar 1935 to your friends list Get a Link to this Reply
Very nice exemple ! One of the few George VI nickel from the wildlife who ended at a decent price...

For the price, I think for this kind of coin, watching the past auction result is the best thing to do.
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