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 Replies: 38 / Views: 4,373 |
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Pillar of the Community
Canada
1505 Posts |
It sounds like most of what you have is FV maybe a slight premium if you are lucky enough to find buyers. You could try to do some date sets, those can sell sometimes. It does not sound like you have anything of substantial value in the roles. But the time/cost to do it is likely prohibitive unless you have lots of free time. I am not trying to be discouraging, but it sounds like you have a ton of product, that in all likely going to average in 2-3x FV if you are really lucky and spend a ton of time. Maybe try ebay as one or two big bulk lots, start the auction at 2x face and see where you end up. Shipping might be prohibitive on this one though. Good luck with whatever you decide. |
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Valued Member
 Canada
224 Posts |
There's the one option that I'm personally liking: I simply keep them. Since I found them they have gained 0 wear thanks to the bags, and will continue to be so as long as they remain there. Theoretically, if I let them sit for a long time, they should rise in value as others gain more wear. Only speculation though.
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Pillar of the Community
Canada
1046 Posts |
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Pillar of the Community
 Canada
5397 Posts |
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Pillar of the Community
Canada
891 Posts |
You say you got them all at the same bank? It could be possible that some collector got rid of a bunch that were pretty much face value. I have gotten rolls like that before. Took them right back to the same bank and cashed them in, not worth fooling with. Just my 2 cents
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Valued Member
Canada
224 Posts |
But a full roll of '38s? The second lowest mintage of all the beaver nickels? Hard to believe it. And the double-date '62s throw out the idea further. Coins and Canada is not accurate due to shipping costs on ebay. |
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Valued Member
Canada
224 Posts |
I am keeping all Canadian nickels from '37-42,'46-'51, and '55-'81 as they are all made of solid nickel, making them worth 6 cents a piece (but saw a high of 20 cents not too long ago)
There was only one '54 that I just said NU. Rusty, scratched, worn. I spent it on another nickel xD
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Pillar of the Community
Canada
5397 Posts |
" Coins and Canada is not accurate due to shipping costs on ebay " ..............seriously ? Do Explain? |
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Pillar of the Community
Canada
891 Posts |
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Valued Member
Canada
89 Posts |
This thread goes to illustrate why I think the ARP is one of the best things to happen to the coin collecting hobby in Canada in a long time. Sure, I've read some online comments from collectors about the "damage" this is doing to the hobby...because what are they going to be able to search for in change when a lot of it is being removed from circulation? I look at it this way...the overwhelming majority of base metal coins minted in Canada (especially since the late 60s but even before then) are as common as dirt, and unless you are talking about coins like the '64 XWL nickel or 1973 large bust quarter, most of these coins have very little to no collector interest. When one considers that most of these coins have mintages several times that of the population of Canada, how can the collecting hobby possibly absorb all these coins? It just can't. I say that the coins being targeted by the ARP should (as much as possible) be returned to the mint for melting just because of how common they are and the low collector demand. I'm not saying we should totally destroy the past, but a really good culling of the herd really isn't that bad a thing. One has to take a look at this from another perspective. Sure, the great silver melt of '80 supposedly removed a lot of so called "collectors coins" from the market. Yet, after that subsided silver coins that once were used as money (and are in well circulated condition) still are fairly common at coin dealers, in antiques stores, at garage sales, on ebay and the like. It really does make you think. |
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Valued Member
Canada
224 Posts |
Unless you're talking about pennies, I don't see many nickels going even double the population of Canada prior to '60. With dimes and quarters they pretty much made 1 dime and 1 quarter a citizen prior to '60. Halves and Dollar coins are a different story by being quite low in their mintages, this is caused by the fact that people would treat the halves and dollars similar to how one would treat a $5 and $10 bill today. Thus, they lasted in circulation for long periods of time, also meaning they have a high survival rate especially in today's society where most of them sit among people who admire them - us mainly.
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Valued Member
Canada
224 Posts |
I'll just keep them I suppose.
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Valued Member
Canada
224 Posts |
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Pillar of the Community
Canada
1463 Posts |
Great to hang onto I think. That's a good score, nothing wrong with that.
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Pillar of the Community
 Canada
5589 Posts |
I agree that the C&C pricing is out of whack, especially for low to mid-grade stuff and varieties.... but it's still a valuable tool for letting folks know what's out there I use their price guide as just one of many inputs, including Trends and ebay "solds" and other results. Any price guide should just be a singular input to let people know which coins are worth holding onto .. the first shot at separating the wheat from the chaff. |
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Posted 01/02/2017 5:18 pm
