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Valued Member
Canada
64 Posts |
I believe you paid a fair price.
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Pillar of the Community
Canada
1621 Posts |
I'd say VG-10 and you paid market rate
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Pillar of the Community
 Canada
3328 Posts |
Thanks guys, I think I'm starting to get a slightly better idea of grading but I will have to practice.
At market price I'm happy with that:) as long as I didn't over pay on a coin then I'm happy:) I think the 1914 50¢ I ordered is going to end up being G-VG but I'll see when it gets here.
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Pillar of the Community
Canada
668 Posts |
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Pillar of the Community
Canada
5246 Posts |
My LCS sells the worn 50 cents for bullion. None of his customers will pau Charlton prices. Incidentally, Canadian Coin news "trends' is a much better price guide. $17 in VG08 there.
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Pillar of the Community
Canada
3328 Posts |
Thanks I'll have to get an updated price guide. If I can find any coins for spot price I would grab it.
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Pillar of the Community
Canada
5324 Posts |
Most ebay sellers are experience dealer, if a coin was worth much more than melt or a key date, it would be graded to get max value, the other point is coins are rarely an investment, good stocks and real estate are investment, unless silver goes wild these low grade common date coin will always be this price, if silver is your thing buy bullion bars easier to sell |
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Pillar of the Community
Canada
3328 Posts |
@john100, I will be buying some higher grade coins, but I would not pay that much for something that I can't hold in my own hand to inspect. I think 1914 is a key date. But the one I ordered was in g+ condition I'd say, had to pay twice the price of these for that one though. Mayb only worth melt who knows but I didn't have these coins before and now I do:) I'm only recently getting into other denominations, most of my coins are cents and nickels, I need to purchase the mid 1920 cents but I'm waiting on those atm because they are pricy for 1 cents.
If I ever did try and sell these I would most likely sell then as a lot for there silver prices and that would only be if there was a coin I really wanted that was worth it. As all my coins will be left to my son maybe I'll put together several low grade sets for him when he is a bit older. After I get a low grade set put together I'll focus on quality and mayb but 1-2 high grade coins every few months.
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Pillar of the Community
 Canada
5589 Posts |
If you are going to occasionally look into silver for a close to melt price make sure that you know what the scarp silver price actually is in Canadian $$. Silver is currently $24 US, which is $30 Canadian. a silver dollar has .6 oz of Ag, so it would scrap out at $18 if it had nearly no wear. A 50 cent piece has .3 oz of Ag, so full scrap would be $9 Canadian with little or no wear. Before you go on a buying outing, make sure that you know what the actual silver price is for a troy oz. The price is usually posted in US $$, so take the US price and multiply by 1.25.(5/4 ths)
Edited by okiecoiner
10/26/2021 6:47 pm
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Pillar of the Community
4628 Posts |
Mid VG condition, easy to grade as many Australian Florins of the same era are often in this condition and have the same portrait.
Despite the wear and the ding - this is a nice honest coin, one with some legs and a history of real use. Yet still attractive enough for the collector.
Good score, I would definitely have it in my collection (My early Canadian silver is way worse than this!).
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Pillar of the Community
Canada
3328 Posts |
Appreciate the info okie, and thanks princetane, I'm not just buying for silver though just seems safer to spend double melt on a silver coin then spending 1000× face value on a 1 cent coin. I will put together a nice collection of higher graded coins this one will be a nice addition to a starter collection that I will give to my son if he gets into coins as well. The nice sets I put together myself he is going to have to wait till I die to get them:p. At 30 I'd say I have at least another 50 years of collecting ahead of me-_- at least I hope. Life can throw anything at you. I have seen coins in much worse shape then these sell for more then melt and the price I paid seems a decent one for what I got. If I had 400$+ to spend on MS version of these I would have considered it:p I think building a starter collection is important. Better to have one now then try and get one 10,20,50 years from now when half of the low end examples have been melted down. As it is illegal to melt coins buying for silver value is only a small part of it. Also if I bought a coin on ebay it was either free shipping or under 3$ and I incorporated that into what I said I paid, so 27$ for the 1916 and the 1920 that I have not had the chance to remove from it's holder. I do think this one is in slightly better shape then the 1920 and 1914 I ordered. There was also a random 1982 quarter I bought, I was not going to make any more ebay purchases but today bough 2 silver dimes for 4.25 after shipping and tax. Not a bad deal, 1 1921 dime and one 1943(the 43 seems fairly good shape but for 4$ it was a cheap impulse buy) |
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Pillar of the Community
Canada
1081 Posts |
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Moderator
 Canada
10458 Posts |
Okie.I am sure you meant Ag, and not Au?  Also, remember that coins prior to 1919 are .925 Ag. "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
Canada
5589 Posts |
Yes, I had been looking up some decimal equivs of gold jewelry that wasn't marked in Karats. Sorry, Ag it is.
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Pillar of the Community
Canada
3328 Posts |
@SPP, I only learner that the other day due to okie coiners post so it helped me learn even if a typo:) does not make a huge deal to the collection I am starting for 50¢ pieces but in investment aside from the coins is useful.
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Replies: 18 / Views: 2,242 |
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Posted 10/26/2021 09:38 am
