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 Replies: 48 / Views: 6,193 |
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Valued Member
Canada
276 Posts |
That's not "destroyed", it was actually a very VERY common practice for putting the coin on a necklace. At the time, it was a great way to show sentimental attachment to the coin and whatever the coin represented. Also, by many collectors, it's not actually damaged, as it is extremely common for some coins.
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Pillar of the Community
Canada
1581 Posts |
> I know it's an icon in Canadian coins, but realistically it's one of the most overrated dates too.
Absolutely. The 1948 dollar is, IMHO, the most overpriced serious coin in Canadian numismatics. The prices are way out of whack with it's scarceness.
Look at the 1947ML dollar, which is the dual historically. 12.5% more minted (21,135 v. 18,780) but 20%-25% of the value of a 1948. That makes no sense.
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Pillar of the Community
Canada
864 Posts |
I don't know a lot about our old coins yet but I'm sure learning quickly from everyone in here! Having been a kid when a lot of them were still common circulating, I've seen them and miss them. Sure wish I'd got into coin collecting several decades ago and hung onto some [:C] It is nice that a lot of common dates can still be found if people want them though! And found without holes!!
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Pillar of the Community
United States
2408 Posts |
What hole are you guys talking about? It's Oprah's counterstamp - quite valuable actually.
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Pillar of the Community
Canada
650 Posts |
This is sad, but, for a coin of only 18000 this becomes the best shot for someone to complete a series. Only a maximum of 18000 collectors will ever be able to do so.
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Bedrock of the Community
Australia
21788 Posts |
I once had a very nice Roman Claudius Aureus with the praetorian camp reverse rev. legend IMPER.RECEPT probably worth maybe $6000 now. Only problem was that it had a severe and very disappointing test cut across the head. Because of the test cut (probably contemporary), it would have been worth only a small fraction of that.
I have never seen another Claudius gold coin with the same reverse offered in 35 years.
Every time I looked at the coin, I was disappointed, and in the end I was happy to get rid of it. That is the same feeling that I have here.
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Valued Member
 Canada
241 Posts |
Overpriced.... How many collection of silver Canadian dollars wont be able to get a hand on a 1948? certainly more than 18000 so it goes with the demand.. I dont think its overpriced at all.
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Pillar of the Community
Canada
610 Posts |
I don't have a '48 in any condition  At that price,I still won't  All I can say is  How could someone do that! |
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Pillar of the Community
Canada
1051 Posts |
Quote:
Overpriced.... How many collection of silver Canadian dollars wont be able to get a hand on a 1948? certainly more than 18000 so it goes with the demand.. I dont think its overpriced at all. You will not have any problem buying a 1948 any time you want, if you have the cash waiting. Usually you won't have to look any further than ebay, but if you do, most serious dealers have multiple examples available. Compare it to something like the 1946c Newfoundland 5 cent, of which around 2000 were made. They are (understandably) harder to find than 1948 dollars, but still sell for less money. That is the nature of the 1948 dollar, massive popularity driving the prices way out of line with true scarcity. |
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Valued Member
Canada
480 Posts |
I got a Gloriam Regni 5 sols of 1670, with a hole in it, in a dealer's junk box, for 25 cents. I sold it, to a dealer , for $450.00. It is probably much scarcer than the 48 dollar.
While we think of coin as items for collections, they can be many things to many people- for instance the idea of breaking a Chinese coin in half, and matching the halves for identification purposes.
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Valued Member
Canada
307 Posts |
hmmmmm just pour in a little silver and buff it up no one will be the wiser   |
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Valued Member
Canada
276 Posts |
@Guppie: Won't work, and it's dishonest.
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Pillar of the Community
United States
2120 Posts |
i dont think guppie was serious. lol
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Valued Member
Canada
241 Posts |
hahahaha that was funny idee !
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Bedrock of the Community
Australia
21788 Posts |
I once had had mount marks removed from the rim of a George 111 gold Guinea.
I knew that it would not improve the value, but at least I felt more satisfied with the coin.
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Replies: 48 / Views: 6,193 |
First Page
Posted 11/03/2010 9:47 pm
