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5 Cents 1932 ( Varieties : Far 2 And Near 2 )

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Pillar of the Community
Canada
686 Posts
 Posted 11/02/2013  3:26 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
za75 - I don't think you should be including my 3 in your %. I'd be fine with them included in the total known (so long as you're confident no one else has counted them since).

I found 1 in 4 rolls that I bought, and then I found the other two on ebay before they took off in value. If the other two were to be counted, so should the hundreds of ebay listings I looked at trying to find these. That wouldn't be the proper way of doing it, since I can't provide you a number of Near 2s that I saw. Nor do I know if they were already included in your data.

There's nothing wrong with saying 3000 coins have been independently searched, yielding 23 Far 2s, and in total 35 Far 2s are known.
Pillar of the Community
Canada
686 Posts
 Posted 11/02/2013  3:28 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Is this coin listed in CCN? I haven't looked in a while, and my latest copy is at work. I thought you said earlier that it's listed as Far Rim in CCN. There is a difference.
Pillar of the Community
dialog_gvf's Avatar
Canada
1581 Posts
 Posted 11/02/2013  3:35 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
It's listed as "far rim", but the $$$ pricing is clearly for far 2. They replaced the prices of the pre-existing entry, rather than add a new line.

They change Trends so rarely, you'd think they'd spend 1/10 the time used creating the commentary, to get the tables right.
Valued Member
Canada
402 Posts
 Posted 11/02/2013  5:02 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
jg86 - You are OK and I am in the field !

I have reviewed the trend of 21/07/2012 for the Far 2 and the following trend of 25/07/2007 for the same coin : only one Far 2 was added to the trend following your data of 24/07/2012.

Your two others Far 2, that you sold in december had not been added in the trend and you explain very well this situation.

----

Following the commentary of dialog_gvf, the actual prices, in the Trends of CCN are :

VG-8 = 200
F-12 = 350
VF-20 = 450 .
Pillar of the Community
o-train's Avatar
Canada
519 Posts
 Posted 11/02/2013  5:07 pm  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
The first 1932 I purchased on ebay turned out to be a 1932 far 2 which is documented further back in this thread. This was before I knew it was a variety and I received it as part of a second chance lot so there were no pictures of the coin posted on ebay.

Some food for thought is that my personal population report after receiving that coin would have been 1932 Far 2 100%, 1932 Near 2 0%.

Without finding this thread I wouldn't have thought or realized this variety was rare.

Based on what I know now I think this variety is considerably more rare than the near 2 variety. I also think it's entirely possible that someone (or several people) have been aware of it for some time and have been actively hoarding them thus driving up the perceived scarcity and asking price.
Valued Member
Canada
402 Posts
 Posted 11/02/2013  9:06 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply

o-train - You can see that 26 members gives us on this topic ( 33 pages ) their total data for 5 cents 1932 ( Near 2 and far 2 ).

From all these data, I note a great total of :
- 702 coins for the variety Near 2
- 7 coins for the variety Far 2 ( 1 % )

I note also that :
- 5 members ( 3 from Ontario and 2 from Canada ) have only one coin of the variety Far 2
- 1 member ( Alberta ) had two coins of the variety Far 2.

These 26 members are located like this :
- 9 in ontario
- 5 in " Canada "
- 4 in Nova Scotia
- 2 in C.B.
- 2 in Alberta
- 1 in Manitoba
- 1 in Quebec
- 1 in USA
- 1 in Australia.

You can see too that the global trend obtained from coincommunity, numicanada ( 34 pages ), canadiancoin and ANPB is : 35/4519 = 0.77 % for the variety Far 2.

With all this, I cannot agree with the hypothesis that I see in the last part of your conclusion.
Pillar of the Community
Canada
686 Posts
 Posted 11/02/2013  9:23 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
za75 - I think o-train may very well be correct. If someone discovered this variety in 1990, and decided to keep quite about it, I don't think it would have been difficult for them to acquire a significant number of these coins. They may have bought every roll of 1932 nickels they could find, pulled the Far 2s, and re-sold the rolls before you started your study.

Let's say that almost all 1932 nickels have been included in your study. Perhaps there are 6000 out there, and 1 in 60 is a Far 2. If someone was able to search 3000 of these, they would have found 50 of them. There would be an additional 50 Far 2s that exist. You have data on 4500 coins, but of those, approximately 2250 have previously been searched by this guy. Of the 2250 that are unsearched, you would expect to find 37 of them, which is about what you've found, and there would be about 12 more that haven't been discovered yet.

In the alternative scenario, where your data only makes up a small percentage of the existing 1932s, then the possibility that someone has a hoard of them is even more real.

I'm not suggesting someone has been doing this, but I definitely can't rule it out.
Valued Member
Canada
402 Posts
 Posted 11/03/2013  11:55 am  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply

jg86 - In one, three or five years, we will see if your hypothesis is right.
Valued Member
Canada
402 Posts
 Posted 11/21/2013  2:00 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply

Only one coin of " 5 cents 1932 Far 2 " listed on ebay : I am surprised !
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 11/21/2013  11:34 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
Look again
Valued Member
Canada
402 Posts
 Posted 11/22/2013  1:40 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply

Yes, from Toronto, new coin on ebay # 261336268396 : 5 cents 1932 Far 2, certified VF-20 by CCCS.
Pillar of the Community
dialog_gvf's Avatar
Canada
1581 Posts
 Posted 11/22/2013  10:07 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
And a new raw.

So, three available.
Valued Member
Canada
402 Posts
 Posted 11/24/2013  7:32 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply

Yes, for ebay # 380776921525, the best offer was accepted
Valued Member
Canada
402 Posts
 Posted 12/30/2013  2:58 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply

I wish you a Happy New Year and why not one coin Far 2 in 2014 !
New Member
Wilds's Avatar
Canada
7 Posts
 Posted 01/01/2014  1:00 pm  Show Profile   Bookmark this reply Add Wilds to your friends list Get a Link to this Reply
are these coins the Far 2 variety
http://www.ebay.com/itm/Canada-5-ce...047675.l2557
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