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 Replies: 18 / Views: 4,902 |
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Pillar of the Community
Canada
2301 Posts |
People believe the hype on the 48. Plain and simple. Few will actually think for themselves. The same holds true for the 1947 half dollars.
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Pillar of the Community
 Canada
9867 Posts |
 With nickelsguy,it's all hype.The '48 is a money coin,there is no logical reason for it to be priced so high.Prior to the coin boom and bust of the early '60s the ML and '48 were similarly priced,and will be again in due time. "Dipping" is not considered cleaning...
-from PCGS website
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New Member
19 Posts |
There were 18 1948 dollars on the floor at Nuphilex.
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Pillar of the Community
Canada
902 Posts |
You can buy a 48 dollar any day of the week if you have the cash.
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Pillar of the Community
Canada
617 Posts |
When I started collecting in the early seventies, the 1947 Blunt, the 1947 Pointed and the 1947 ML (really a 1948) were the only 1947's recognized.
I think the proliferation of varieties dated 1947 (double HP etc.) has some effect of driving down the price of all 1947 varieties. Its hard to afford them all.
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Valued Member
 Canada
386 Posts |
Thank you everyone for your excellent feedback.
I opened up a 1961 Taylor & James Canadian coin catalog and found the following pricing for 1940's dollar coins (in UNC).
There was no MS60-70 grades back then, just one UNC category. The only known varieties at the time were the Arnprior water lines of the 1950's.
1945 - $27
1946 - $15
1947 B7 - $18
1947 P7 - $80
1947 ML - $70
1948 - $90
1949 - $4.50
Edited by 1945V
11/07/2012 06:31 am
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Pillar of the Community
Canada
1554 Posts |
 These are the prices for the 1947 and 1948 dollar's in Uncirculated condition for the 1966 Charlton Cat.: >1947 Blunt 7=$55.00 >1947 Pointed 7=$225.00 >1947 Maple Leaf=$175.00 >1948=$300.00 Glenn  |
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Pillar of the Community
Canada
9867 Posts |
From 1961 Charlton's
'47 B7 $15
'47 P7 $75
'47 ML $75
'48 $75
"Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
Canada
331 Posts |
Those are some large increases in just 5 years (1961-66). Was this an increase in demand?
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Pillar of the Community
Canada
9867 Posts |
Yes, there was a coin boom in the early '60s,everyone was a collector/investor.
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
1005 Posts |
I have a book here called "the green coin book" Appraising and Selling Your Coins.
From 1962 published by the coin and currency institute, inc. it is mostly USA coins but at the back is a Canadian section.
The 1947 pointed, 1947 maple leaf, and 1948 are all listed as $25.00 each.
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Pillar of the Community
1844 Posts |
1980 Charlton has the 47's at 35.00 to 80.00 and the 1948 at 300.00
1990 Carlton has 1947 bl in AU @ 130.00 47 pt.AU @ 400.00 and 47 ML in AU at 350.00 and last the 1948 AU @ 1000......
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Valued Member
Canada
103 Posts |
The 1947 ML in high grade is an expensive coin. Anyone remember what the PCGS graded MS 67 sold for years ago at auction? I remember that it sold for a princely sum. When it became available again last year, I bought it privately, for more than my PCGS 1948 in MS 66.
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Pillar of the Community
Canada
972 Posts |
If I remember correctly, a 1948 PCGS MS66 sold in July/12 in Calgary at the RCNA auction for $66,000 + premiums. |
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Valued Member
Canada
103 Posts |
The 1948 that I own is not the one from the RCNA auction, but it's price was similar to what you've quoted. The 1947 ML in MS 67 was more expensive. |
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Replies: 18 / Views: 4,902 |
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Posted 11/06/2012 10:29 am
