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Price Of 1948 Silver Dollar Keeps Dropping

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Author Previous TopicReplies: 24 / Views: 3,979Next Topic Page 2 of 2
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 Posted 12/26/2019  1:24 pm  Show Profile   Bookmark this reply Add Cdncoins to your friends list
When did you sell an MS-62 for $4400?!?

There's nothing listed on ebay right now in a TPG holder in MS for less than $1900. Add on 13% tax in Ontario and it's over $2150 with shipping.
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 Posted 12/26/2019  1:56 pm  Show Profile   Bookmark this reply Add JGG to your friends list
4 more examples and then I've had my fill with this discussion. I don't even care at this point, just wanted to know if picking up an MS64 example for $3000 was a worthwhile deal
Price-Of-1948-Silver-Dollar-Keeps-Dropping
Price-Of-1948-Silver-Dollar-Keeps-Dropping
Price-Of-1948-Silver-Dollar-Keeps-Dropping
Price-Of-1948-Silver-Dollar-Keeps-Dropping
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 Posted 12/26/2019  1:58 pm  Show Profile   Bookmark this reply Add JGG to your friends list
Cdncoins, 2013 on ebay was my last sale. I keep answering your question but one of the mods keeps deleting it.
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 Posted 12/26/2019  3:26 pm  Show Profile   Bookmark this reply Add Cdncoins to your friends list
I assume those prices from Heritage are in USD and do not consider the duties you would have to pay to have it shipped across border.
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 Posted 12/26/2019  3:34 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list
Yes, and $1500 US is $2000 Cdn. You can go to nearly any show in a larger Metro area and find 5-6 or more for sale by dealers. It's not a scarce or rare coin ... it's one with history and years of collecting stories behind it. Wasn't it last year that someone sold almost a whole ROLL of them at auction?

Yes, here is the thread about the roll for sale ... at least I thought that there was a roll and some went as a smaller lot.
http://goccf.com/t/357920&SearchTer...,dollar,roll
Edited by okiecoiner
12/26/2019 4:49 pm
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 Posted 12/26/2019  3:44 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
As I thought not a SINGLE EXAMPLE at $1400 CAD or Even $1500 CAD .
That said in answer to the OP question about a properly Graded by Canadian Standards 1948 MS64 @ 3 K CAD
Would be an incredibly great deal if you can do it!
Include that one in the lot with the 3 ICCS 62 s @ 1500 each and invoice me @ $3500 .
Instant payment and I will pay the shipping costs as well !
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 Posted 12/26/2019  8:38 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list
I think these examples of 1948 sales prices reinforces my ongoing argument of why I prefe ICCS graded coins over NGC and PCGS for maximizing your value in Canadian coins.
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 Posted 12/26/2019  11:10 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list
Would any of you, care to enlighten me on the big deal over a 1948 dollar coin, would it have anything to do with the end of the war?....just trying to learn more
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 Posted 12/27/2019  12:20 am  Show Profile   Bookmark this reply Add Smallcentguy to your friends list
It was a low mintage coin. India gained independence in 1947 and the latin relating to the king being the emperor of India (et ind imp) had to be deleted from the obverse. So in the time frame we have 1947, 1947 ML and 1948 (1947ML being a coin struck in 1948 with the old obverse).
Edited by Smallcentguy
12/27/2019 12:21 am
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 Posted 12/27/2019  12:26 am  Show Profile   Bookmark this reply Add johnnysprawl to your friends list
It has the lowest mintage of all the silver dollars (18,780), ergo it commands the highest price
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 Posted 12/27/2019  12:34 am  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list
Thanks
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 Posted 12/29/2019  1:01 pm  Show Profile   Bookmark this reply Add Dollar 1935 to your friends list
(Double post)
Edited by Dollar 1935
12/29/2019 2:34 pm
Valued Member
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321 Posts
 Posted 12/29/2019  1:26 pm  Show Profile   Bookmark this reply Add Dollar 1935 to your friends list
Do you think the specimen strike of the 1948 dollar can also be affected by this ?

The PCGS pop show this year is fairly common in specimen (64 grader by PCGS, only beaten by 1937 and 1939 in matte ) but the price realized are usually way above most of the others years. So, I assume the price in specimen are strongly influenced by the relative rarity of the year in business strike...
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 Posted 12/29/2019  1:58 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Affected by what ....so called drop in price of 1948 Dollars ?
Highly doubt it , for the hundredth time the 1948 Dollar is a MONEY coin
and the market for the issue is pretty solid .
If you can't get close to Trends in Canada you sure will in the US . That is where most of the
Nice ones end up anyways .
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 Posted 12/29/2019  9:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
I assume those prices from Heritage are in USD and do not consider the duties you would have to pay to have it shipped across border.


Correct. Shipping and any relevant taxes aren't included in the Heritage prices
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