Thank you so much for the helpful responses! This is exactly what I was wondering about.
It's sad to hear that the coin is worth so little, but of course it makes sense, given the damage. It's just very funny to me that the one rare coin I have in my collection is beat to death. Lol. Ah well.
(Though I do have a 1974 Winnipeg proof silver dollar set, which I don't even remember getting as a kid, since all of my proof sets are from the 90s. And apparently there is a Double Yoke variant that is worth something? I'll have to find a microscope to check.)
I don't have an
ebay account for selling yet, and I imagine they take a cut of sales? Though I guess people can also set reserves on their auctions, in case the amount of money they get offered isn't enough.
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I do love using reddit, so I could also try that to see if there is any interest overall. Or find out what people are interested in spending.
This is great feedback.
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Actually, it gives me pause on the idea of selling. If it would only pull in $100 in a best-case scenario (which would buy maybe 1 or 2 textbooks if I'm lucky... I've had single books cost well over $200)...
...Perhaps I could keep it, and maybe start building a collection of Canadian dimes around it instead?
It might be fun to get back into coin collecting as a regular hobby. It certainly was fun when I was younger.
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On that note, has anyone had any luck finding old dimes and nickels say, 1900-1950, through buying rolls of coins at banks? I read a bit about that in some forums and blogs, where people buy blocks and boxes of coins from banks while looking for numismatically-valuable coins. Though a lot of others were more focused on finding silver or copper coins (when pennies were circulating), in order to find not-so-rare coins that nevertheless had a melt-value above their face-value.)
Is this still a viable way to find early 20th century coins? My bank is CIBC, and the last time I checked, there was a fee of $0.16 per roll purchased. Though I wonder if the fact that I have a no-fee student account might make a difference.
The reason I ask is because while I haven't been to a coin show in years, I assume trying to dig for a rare coin in a pile that a dealer owns would be futile, since as a dealer/numismatic at a show, they would know what they have.
And with me, part of the fun is the HUNT for hidden treasures. It's the same reason I like thrifting at Value Village pr Salvation Army for designer clothes or high quality audio gear, or rare academic books. Or picking up cool items at yard sales, where I spot something cool because I've done the research.
This is jalf because I don't have the disposable income to spend full price on rare coins on
ebay - but also because I actually relish the hunt. Even if it takes hours on a weekend to find something cool.
(Sorry for the tangential aside - or if this kind of question belongs elsewhere. I'm just very interested in finding out if there are less expensive ways to get back into coin collecting.)
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Posted 09/03/2018 2:41 pm
