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1964 Canadian 1 Cent Roll

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1977MS66's Avatar
Canada
10 Posts
 Posted 05/27/2011  9:39 pm Show Profile   Bookmark this topic Add 1977MS66 to your friends list Get a Link to this Message Number of Subscribers
Hello,
I recently bought an old looking roll of pennies on ebay from someone who stated that the roll was most likely circa 1964. I was expecting a mix of older coins but ended up with a full roll of 1964 pennies. Most of the pennies have all of their luster and there does not appear to be a lot of bag marks and scratches present on most of them.

As I do not need this many of the same coin I was wondering what I should do with them. Should I sell as a group, get the best 3-4 graded and hope for at least a couple MS65-66, or use them?

I could post a picture if necessary.

Thanks!
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uncle al's Avatar
Canada
311 Posts
 Posted 05/27/2011  11:09 pm  Show Profile   Bookmark this reply Add uncle al to your friends list Get a Link to this Reply
First of all, . IMO, I would go through the roll and pick out the top graded ones. Do not be in a hurry to get rid of the rest of them. There are others here that may give you some better ideas.
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John1's Avatar
United States
56855 Posts
 Posted 05/28/2011  07:10 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Did you check for errors and varieties? http://coinsandcanada.com/coins-pri...nt-1953-1964
And you could offer them here in the B/S/T forum.
John1
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1977MS66's Avatar
Canada
10 Posts
 Posted 05/28/2011  10:52 am  Show Profile   Bookmark this reply Add 1977MS66 to your friends list Get a Link to this Reply
Yeah, I used that page to check for varieties but I don't think I have any of them. Are there also cameos? And although I don't have enough posts yet, the selling forum here may be an option.

I was still wondering where I could find some help regarding the grading of these coins. I looked at http://www.coinoisseur.com/GradingCoins.html but am still not sure.
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Ugly's Avatar
Canada
1733 Posts
 Posted 05/28/2011  11:21 am  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
I tell a lot of people the same thing about grading, basically if you can't tell by looking or reading and learn along, pick up a series of graded coins with the bust you need to evaluate. 1964 cents are cheap in all grades. Then read the grading terms with coins in hand... preferably out of the package and not obscured by plastic.

It's a good lesson.

Edit typo
Edited by Ugly
05/28/2011 11:56 am
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uncle al's Avatar
Canada
311 Posts
 Posted 05/28/2011  1:04 pm  Show Profile   Bookmark this reply Add uncle al to your friends list Get a Link to this Reply
Myself, and others use the Standard Grading Guide for Canadian and Colonial Decimal Coins Revised Edition, by Charlton and Willey. I purchased it for $19.95, plus tax of course. ISBN 1-895909-68-6. This is the basis for my coin grading. I have also taken a coin grading course many years ago when it was offered at a college close to home.
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Canada
9867 Posts
 Posted 05/28/2011  2:04 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
The Standard Grading Guide,a must-have for collectors of Canadian coins,is great for circulated coins,but offers little help for MS grades.
The method mentioned by Ugly,buying low priced ICCS or CCCS MS coins,and using them as a reference is undoudtedly the best method for learning to grade modern MS coins.No book or online guide can teach as well as having the coin in hand for MS grades
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1977MS66's Avatar
Canada
10 Posts
 Posted 05/29/2011  12:49 am  Show Profile   Bookmark this reply Add 1977MS66 to your friends list Get a Link to this Reply
Thanks for the replies. One more question, does the end of roll coins have any added value. Here is one of them (any comments on the grade would be greatly appreciated as well):

1964-Canadian-1-Cent-Roll
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Canada
9867 Posts
 Posted 05/29/2011  01:39 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
If anything,end of the roll coins have less value.
Grading MS coins requires excellent photos.
Take Ugly's advice buy some graded coins,learn what to look for,and soon you'll be the one to ask for a grade opinion.
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SPP-Ottawa's Avatar
Canada
10463 Posts
 Posted 06/07/2011  2:34 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
1964 is probably THE most common year of the 1960s to acquire brilliant uncirculated mint-state rolls. There are already tons (too many) certified in the ICCS population report, it is hardly even worth certifying a MS-65 anymore. My advice echos Ugly's. In fact, you might want to acquire several more rolls of of the common 1960 years with both effigies, because this is an excellent means to sharpen your mint state grading skills.
"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

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guppie1160's Avatar
Canada
307 Posts
 Posted 07/08/2011  11:05 am  Show Profile   Bookmark this reply Add guppie1160 to your friends list Get a Link to this Reply

Quote:
The method mentioned by Ugly,buying low priced ICCS or CCCS MS coins,and using them as a reference is undoudtedly the best method for learning to grade modern MS coins.No book or online guide can teach as well as having the coin in hand for MS grades


A good idea assuming that on that day ICCS got it right...
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