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 Replies: 80 / Views: 13,288 |
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Valued Member
United States
335 Posts |
A few weeks ago, a friend from Canada visited us. I had saved up seven dollars in Canadian nickels, dimes, and quarters so that she would bring me 14 rolls of cents from a Canadian bank. I really upgraded my more recent cents, but I was surprised to find only one George VI. There were actually four wheat cents, but only the one George VI.
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Valued Member
Canada
166 Posts |
Canadian Coins are were US collecting was 30 years ago. People who are not rich can build outstanding collections of many series of Canadian Coins. I collected US coins from 1958 (when I found a 1955/55 penny in my "piggy bank") until 2002 when I sold a 1995-W silver dollar to a dealer in New jersey for $6,000. At that point I gave up on US coins. The dollar had been a "bonus" in a 1995 gold proof set from the US mint. There are 35,000 of these extant. They are not at all rare. In Canada, it is not at all rare to get a "best ever graded" date for much less than that common dollar. You can build an exceptional set of many denominations for $10K. In the US, that won't even buy you one exceptional coin. Besides being more fun, Canadian coins can be viewed as an investment. With the exception of the modern junk that the RCM puts out for "collectors", they may well grow in value over the next generation. US coins are as (maybe more) ready for a fall then Florida Real Estate was a few years ago. You can't beat supply and demand. Heaven help US coin "investors" when the baby boomers need to sell of there assets in retirement when the social security ponzi scheme goes bust. In short, collecting Canadian coins can still be fun for the average collector. The US rare coin market is now for rich people and fools only. Thanks, A former lover of American coin collecting. |
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Pillar of the Community
United States
6326 Posts |
I REALLY like Canadian coins.....but, other than coming across the occasional one while roll searching....I just don't have much of an opportunity to "aquire" them.
Hey.....would somebody please mail me a box of Canadian Cents ?......let me know what the shipping and postage would be first....and the total cost.....I WOULD LOVE TO GO THROUGH A BOX OF THEM !
I'd pay a little extra for the effort too.
Please PM me, if anyone would be so kind.
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Pillar of the Community
United States
4870 Posts |
That definately would be fun going through a box of Canadian cents. That is something I'd like to do as well. I imagine shipping would be costly.
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Pillar of the Community
United States
4870 Posts |
Very disturbing comments.... :(
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Pillar of the Community
United States
3499 Posts |
I love Canadian Coins since I mainly collect coins from the British empire/ commonwealth in addition to world trade coins. This in combination with Canadian ancestry and having found Canadian change all of my life really makes me love this type of coin.
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Pillar of the Community
Canada
617 Posts |
Yes TheForce the cost of shipping is a little high, about $5.50 for just 2 rolls or about $11.50 for 7-8 rolls ( its a weight thing).
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Pillar of the Community
United States
573 Posts |
AndrewC - I'm talking George VI. Haven't found any George V. I'd love to pull some of them from rolls.
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New Member
United States
8 Posts |
I too live in the US and collect Canadian coins. It started as what I would could find searching US rolls, but I have had family pick me up a few rolls when they are in Canada and I have traded a few State Quarters for the Olympic coins. I just wish there was a recent Whitman or HE Harris with the right size holes and circulation issues to store them in. |
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Pillar of the Community
United States
2408 Posts |
Quote:With the exception of the modern junk that the RCM puts out for "collectors "One Man's Junk Is Another Man's Treasure." Quote:
The US rare coin market is now for rich people and fools only.
Fools? Really? Edited by canadian_coins
02/16/2010 7:49 pm
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Valued Member
Canada
166 Posts |
Hi Canadian Coins, Yes Fools Really! I am not sure that any one could sell out (a real US coin collection) at what they paid in the last 5 years now. When the baby boomers need to cash out, watch the door. I am an American and I can see it is almost dead. There may be some investment profits to be made in Canadian coins (maybe), but US? Use your money to heat your homes (or maybe buy another home in Fl, Nv or Az). Yes, RCM JUNK. It is an embarrassment to any serious collector. They are even now separating the Charlton catalog to free real coins from this junk. US collectors got sucked into this kind of stuff 30 years ago on proof sets. But, the Canadians got suckered much worse (Canadians are that way). Most have lost 90% of what they spent. Much RCM "junk" cannot even be used at face value today. |
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Pillar of the Community
United States
4870 Posts |
I collect Canadian coins because I enjoy it, not because of some great future profit that may or may not happen.
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Valued Member
 Canada
386 Posts |
I think most of us collect Canada and US coins just for the fun of it. I just started my 8 year old son on pennies. He is really proud of his 1932 George V and 1944 & 1948 wheats. I realized neither the old Whitman nor the new plastic Unisafe albums are really designed for kids. The Whitmans require incredible force to push the coins in place and the Unisafe plastic require much fiddling to open the plastic windows to insert your coin. What is the deal with American 1968S thru 1974S pennies ? We found everything but the S series. What is happening with the 2009 commerative Lincoln pennies ? These are also impossible to find. |
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Pillar of the Community
United States
4870 Posts |
1945V, if you need some S cents in those date ranges I can help. I have a few extras I found in roll searches.
The 2009 cents are tough. Everyone is hoarding them and very few are found in circulation.
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Valued Member
Canada
386 Posts |
TheForce,
Thanks for your kind offer,
I think we will continue roll hunting for now and if we get frustated I will PM you :)
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Replies: 80 / Views: 13,288 |
First Page
Posted 02/14/2010 12:40 pm
