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Replies: 21 / Views: 4,052 |
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Bedrock of the Community
Canada
21667 Posts |
This is only my theory and I may be all wet.  On the high end 47 dot & 48 dollars(MS62,63,64)according to Charlton, the prices are about the same. But you are right on the circulated dollars, 48's are about double the value. There were more than 86,000 all types of 47,s minted compared to 19,000 48's. Collectors wishing to have one of each in his album would buy a lower priced 47 & maybe a 47 ML before buying a 47 dot. A collector would still have to pay a higher price for a 48 to put in his album due to low mintage. So the demand is not there, except for someone looking for all varieties) which keeps the price down. As I said, this is my theory only and would like to see other opinions.
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Pillar of the Community
 Canada
2360 Posts |
Managed to fill in my 1947 today with a reasonably priced 1947 Canada Silver $1 Blunt 7 variety in VF-EF (VF-30) condition (Cleaned) on sale at CA, am so excited I'm about to scream, placed the order and got confirmation, just the '45 and '48 to go. I think your correct Jimmy D, I buy the deals to fill in key dates usually slightly impaired coins ('38, '46, '56), get MS's and PL's of the common dates. Whatever I can afford. Forty Seven Woohoo.
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Pillar of the Community
 Canada
1505 Posts |
SilverDon, there are quit a number of 47 varieties....try and find them at a good price.. it will eventually pay for itself. good luck
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Pillar of the Community
 Canada
9874 Posts |
Quote: But the big question is this: If it is that scarce, why does it go for roughly half the price of a equal grade 48? Simply because it's not a requirement for a date set. Supply and demand.
"Dipping" is not considered cleaning... -from PCGS website
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Pillar of the Community
 Canada
2360 Posts |
Thanks for the advice 47P7, much appreciated, my sense is that I am out of the market now for 1947 varieties with this purchase, box checked, same as when I filled the 1965, with all of the varieties there, now looking for an inexpensive 1945, will let the big players sort out the 47 Pointed 7 Dots and MLs. Once I get an example of all dates, then I may go after some of the varieties. So DBM, my demand/wish list does not include the more rare varieties, at this time, but a fella can look, and drool.
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Pillar of the Community
Canada
3234 Posts |
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Pillar of the Community
United States
1285 Posts |
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Pillar of the Community
Canada
3234 Posts |
Maybe some reverse Die Deterioration, but still a great and very tough silver dollar to find in that grade.. Choice 47 ML's are tough to find..
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Pillar of the Community
Canada
849 Posts |
I have a Forty-Seven Point, Blunt, and Maple Leaf. I am not enough into varieties to get the Dot but you never know. One might come up at a price I like and I might get it. But at the moment I am not actively pursuing it.
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Pillar of the Community
Canada
5324 Posts |
The dot really hard to find in higher grades, also the dot is pretty small.
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Pillar of the Community
Canada
1192 Posts |
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Pillar of the Community
Taiwan
606 Posts |
I would say the 1947 P7 is the scarcest variety of 1947 Dollar. I know I am in the minority here but I consider the 1947 P7 Dot to be a Die State and not a true variety.
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Pillar of the Community
Canada
5324 Posts |
Yes, but it is catalogued and the tpgs all seems to agree.
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Pillar of the Community
United States
4233 Posts |
Frankly I think all the 47 dots are actually 48s. Three denominations with dots where the maple leaf ended up? Always seemed too much of a coincidence to me.
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Pillar of the Community
Canada
1046 Posts |
SCARCE 1947 MAPLE LEAF CANADA $1 (SEE THE HI-RES PICTURES) NO RESERVE just sold for US $302.78.
tried following the bidding on this and I was surprised Happy Halloween !!
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Replies: 21 / Views: 4,052 |
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