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 Replies: 23 / Views: 5,192 |
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Pillar of the Community
United States
7171 Posts |
Quote:
Few people buy Canadian coins in the USA ?
That my friend is where most of the best stuff ends up ! Not saying that residents of USA aren't buying Canadian coins but they don't buy as many as US coins. My LCS has Canadian coins that are decades in a flip and no one purchased it.
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Pillar of the Community
Taiwan
539 Posts |
People will naturally collect coins of their homeland but Pacificoin clearly stated that he was speaking
of Canadian treasures (the best stuff).
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Pillar of the Community
Canada
2494 Posts |
Good quality, rare date coins will always sell.
But let's not get carried away.
There's no Canadian coin 'gold rush' going on in the States (or any where else, for that matter).
Also, the Canadian dollar has slipped from 1.31 to 1.33 in relation to the US dollar.
I wouldn't call that a 'slide' just yet.
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Pillar of the Community
  Canada
5273 Posts |
1.3453 right now and as a buyer you will pay nearly 1.37/
No way CANADIANS can compete with an American buyer .
Especially when they pay NO TAX or duties. On numismatic coins .
Canadians pay anywhere from 5 to 15 per cent more in GST HST
Provincial Taxes . Plus exorbitant shipping costs from Canada Post .
No wonder 80 per cent of our sales are south !
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Pillar of the Community
 United States
1299 Posts |
I agree with Pacificoin's comments. It was great that the 1911 dollar stayed in Canada, but just closely watching Cornerstone and being at the Cook sale, I saw maybe $400K-$500K of the very finest Canadian coins move south. I also sat in the auction room and watched lots of the Landon stuff be bought by American buyers. I feel certain there is quite a bit more expensive stuff leaving the north that I do not know about.
Edited by bosox
03/04/2020 12:41 pm
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Pillar of the Community
Canada
2494 Posts |
Bosox......true, I agree with your comments.
But I reason that it is more because the Canadian big time buyers are completely gone, rather than a surge of US big time buyers.
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Pillar of the Community
United States
1299 Posts |
I guess it depends on what you consider big-time. I saw four or five Canadian collectors at the Cook sale drop quite a bit of money. Same with Landon. The Canadian dealers even more at both sales.
I agree that, other than Lantern, I know of nobody who is trying to put together a complete, high-grade Canadian decimal set, like Canadiana or Belzberg. I do know of several Canadians (and Americans) putting together very high-grade collections of individual series or small groups of series. They are out there, but usually pretty quiet about it.
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Pillar of the Community
Canada
5273 Posts |
Dollar ( CAD PESO ) ..... now 1.3675 as oil crashes !
This means that to buy USD as of now would cost you 1.39 minimum.
Getting nasty for CANADIANS trying to buy Choice Coins !
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Pillar of the Community
United States
1299 Posts |
The way the stock market is going, we gringos are not going to be able to buy much either.
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Valued Member
Canada
298 Posts |
I kind of wish ebay would allow the seller, at the seller's discretion of course, to have the ability to accept payment in multiple currencies on the same listing. I notice some European sellers have multiple listings of the same item in different currencies. Maybe some Canadian sellers who prefer to list in US dollars might draw in a few more Canadians if there was a choice. |
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Pillar of the Community
Canada
576 Posts |
The US dollar crushes Canadian buyers. Tack on the onerous Global Shipping Program and you might as well jump off a bridge. That said, if you're watching Buy It Now with Make an Offer in place you might be surprised at the bargains possible. A caveat for listers: don't include automatic refusals in such posts. How are you to know how close a potential buyer was?
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Pillar of the Community
Canada
5273 Posts |
This morning the " Titanic " smacked the iceberg!
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Moderator
Canada
10449 Posts |
Well, Colonial Acres had some really nice Elizabeth II cents in their auction Friday evening - and I lost every coin I bid on... and I was bidding for my own collection, looking for potential registry upgrades.
For high quality material, the market is still very strong...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
United States
4863 Posts |
I collect Canadian coins and I'm in the USA, Michigan specifically. I enjoy them, especially Fifty Cents and Toonies. Being that we border Canada, I get a lot of coinage from north of the border. I save the nickel minted coins and find a lot in CoinStar reject trays. Truth be told, circulating US coinage are trash. |
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Valued Member
United States
170 Posts |
I agree, I'm closer to Canada than any major city in the US,I just don't buy American coins, I don't like them. Its especially nice right now given that prices on Canadian coins are very low. That is a fair point (presented earlier in the thread) that coins of rarity such as 1921 50c pieces are highly undervalued? (or US coins are overvalued) compared to a US piece of similar stature. I don't get as much Canadian change as Michigan would, but it sure is fun visiting BC every chance I get! |
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Replies: 23 / Views: 5,192 |
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Posted 03/03/2020 02:50 am
