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

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Valued Member
Canada
402 Posts
 Posted 08/02/2012  08:38 am  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply

I suggest you a little hnack to confirm easily the two variety of 5 cents 1932, with the aid of a 10X lens :

1- Turn your coin on the right from 45 degrees.

2- Consider, like a strait, the part on the coin between the number 2 and the leaf.

3- If the strait is wide, you have the variety " Far 2 ", and if the strait is narrow, you have the variety " Near 2 ".

Valued Member
Canada
94 Posts
 Posted 08/02/2012  1:14 pm  Show Profile   Bookmark this reply Add cbu to your friends list Get a Link to this Reply
I use a piece of thread or the edge of a business card to go from leaf tip to leaf tip ... presents a visual line and seems to work okay for me...

Za75; have you given consideration as to where the pricing should be for the far-2?

dts...
Valued Member
Canada
402 Posts
 Posted 08/02/2012  3:03 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
cbu, you say : " have you given consideration as to where the pricing should be for the far-2 ?"

I don't give consideration on this, because the supply for this variety is very, very light.

I know that some " Far 2 " were sold at the following prices :

- One coin, VG-8/F-12 : $12.50 , three year ago ( see " Boutique ", on numicanada ).

- Two coins, F-12 : $ 50.00/coin, in one show of ANPB, in 2011.

- One coin, VG-8 : $ 150.00 , by a dealer to a member of numicanada, in 2012.

- In one Nuphilex's auction, in 2011, one coin " Far 2 ", VG-8, was proposed with an estimed price of $ 500.00 .

The prices listed in the Charest's catalogue, on numicanada.com and in the M.K. Blais's catalogue, fluctuate from $ 2.00, $ 9.20 to $ 18.00, for the grade F-12 !

All this indicate that the " supply and demand " is not yet stabilized for this RARE variety.

-
Valued Member
Canada
94 Posts
 Posted 08/03/2012  12:14 am  Show Profile   Bookmark this reply Add cbu to your friends list Get a Link to this Reply
Appreciate the info za75!

Everything has to begin at the beginning...

It is my view that something new-to-price-lists should always begin with reasonable introductory values ... not extreme values, which can and do prove harmful down the road...

The 2010 Charlton listing for the 1929 1¢ High-9 is a good example of a well-thought-out introductory listing, in my opinion...

dts...
Valued Member
Canada
402 Posts
 Posted 08/03/2012  2:42 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
If someone know that a coin certified by ICCS exist, for the variety " 5 cents 1932 Far 2 ", it will be very interesting for all to obtain this information.

Now, I know four coins, of this variety, that are certified from CCCS, nothing from ICCS.

Maybe this fact is important facing an eventual listing in Charlton's book and in the trends of CCN.
Valued Member
Canada
402 Posts
 Posted 08/04/2012  10:10 am  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
It seem to me, when I make a study in the actual statistic, that if no more than five (5) coins of the variety 5 cents 1932 " Far 2 " were found from the ouest of Ottawa, from three sites, on two years , we have there a symptom of a serious problem for the future of numismatic and the interest of new collectors ! How did you explain this situation ?

From numicanada.com, the result for this variety, from collectors only, rise up to eighteen (18) coins for this rare variety ( 5 cents 1932 " Far 2 " ). I see there much more interest to search this variety.

On the other hand, I perceive that dealers have few interest for this variety, because they don't find it and....they cannot supply to the demand.
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 08/04/2012  10:21 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
I perceive that dealers have few interest for this variety, because they don't find it and....they cannot supply to the demand.


Wrong. Dealers have little interest in this variety, because there is no demand from the common Canadian coin collector for this variety. It is simply not worth their time to search their own inventory. If you ask any coin dealer at a large show (Nuphilex, Torex or Coin Expo), most will just shake their head, and they will invite you to search their inventory, hoping to make a sale. Coin dealers are not collectors, their time is spent trying to turn over their inventory quickly, with minimal time invested (which is why you see coins from other dealers, with other handwriting on the flips, in their cases).

This is a circular argument. Most Canadian collectors don't bother with varieties, until it is in the front section of the Charlton book - dealers know this. That is why, for example, the 1947 dot 25c is popular with dealers, because it is in the book, and a dealer knows that most collectors will ask for it - and that is only a die chip or a hand punch (which ever theory you believe).
"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 Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Edited by SPP-Ottawa
08/04/2012 10:26 am
Valued Member
Canada
402 Posts
 Posted 08/04/2012  10:58 am  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
SPP-Ottawa,

I say ; " On the other hand,......"

I agree with you and I think that if we hope to have more data on this variety, that's the job of collectors to search the 5 cents 1932 " Far 2 " !

I wish to collectors to find one " Far 2 " : I am convinced that in some years, this variety will be listed in the front pages of Charlton.
Valued Member
Canada
202 Posts
 Posted 08/04/2012  5:27 pm  Show Profile   Bookmark this reply Add darcyrmt to your friends list Get a Link to this Reply
hi za75, new to the forum, saw you were counting the 1932's as near or far, I have two coins, I actually called them high 2's, but I saw the picture on the first page of the thread, they would be called near 2's.
Valued Member
Canada
402 Posts
 Posted 08/04/2012  6:26 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
Hi darcyrmt,

You are " new to the forum ", but I appreciate that you are in action !

I retain your data : two more coins " Near 2 ", thanks !
Valued Member
Canada
402 Posts
 Posted 08/07/2012  07:27 am  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
Statistics :

From two sites, we obtain 23 new data for this date ( all " Near 2 " ), and now the result is :

23/2413 = 0.95 % for the RARE variety 5 cents 1932 " Far 2 ".

Note : you can see, on page 6, the photo of one 5 cents 1932 " Far 2 ".
Valued Member
Canada
402 Posts
 Posted 08/08/2012  08:23 am  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
To all collectors of 5 cents,


I hope your collaboration on this search of data
Pillar of the Community
Zonad's Avatar
Canada
1472 Posts
 Posted 08/08/2012  09:34 am  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
To za75! It would be nice if you only post results if you have at least 10% increase because soon, if not already, people will get tired of the flogging of the same old horse. Only my opinion, and I'm cranky from the summer heat.
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Wade's Avatar
Canada
2781 Posts
 Posted 08/08/2012  12:52 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
only got one to check,

(1) 1932 high variety
Valued Member
Canada
402 Posts
 Posted 08/08/2012  2:27 pm  Show Profile   Bookmark this reply Add za75 to your friends list Get a Link to this Reply
To Zonad,

The 5 cents 1926 " Far 6 " is an old horse !

The 5 cents 1932 " Far 2 " is an young horse : let it run a little bit
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