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Replies: 24 / Views: 12,273 |
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New Member
 United States
11 Posts |
Thanks folks, The back was sealed, but unfortunately it was opened before I received it. I suppose it would need to be opened anyway, but it would have been fun to auction off a sealed bag!
I've taken all of your advice and leaving the coins alone until my capsules come. Then I'll seal them up and sort. I'm sure I'll be asking some questions at that point, especially about grading,etc.
One question I have now... about 5% of the coins have tarnish on just one side (other is brilliant - I think) which I think is the face that was against the bag. Others have various tarnishes that are like the phases of the moon. This is from an off-set coin protecting most of the coin, but leaving a 'crescent moon' of tarnish. Would these coins potentially be worth more or less with the tarnish due to being in a bag for 45 years?
I am also holding back on you b/c I got some other special coins with this batch. I'll share with those once I get the dollars sorted.
Thanks, Old Wood.
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Pillar of the Community
Canada
1051 Posts |
Grade them before you put them in capsules ;) There is no logical reason to encapsulate them and then try to grade the coin through a layer of plastic. As of today, the melt value of that bag alone is over $21,000. I wish someone would leave me something like that :D
If it were me, I would get a large, soft cloth and lay out groups of coins at a time, being careful not to bang them up any more than they already are. I'd sort them into "bullion" and "possible MS-65". The mid-MS coins are not what you're after IMO, you want to find that elusive MS-65 (or better). Toning will affect eye appeal, but not technical grade (unless using US grading methods).
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New Member
 United States
11 Posts |
1 CENT, Thanks for the reply. Yeah, it was an unexpected gift of gratitude. Good deeds make you feel good, but sometimes you get more than just that!
My biggest issue will be grading them. I looked at the grading link from a previous post and it is fantastic. From looking at the pictures and my coins, it looks to me that 20% or so might grade MS-63 or better, unless I'm missing something.
I will ask for some help in verifying my grading and also which ones should be sent to the CCCS (or does anyone recommend another firm?). The cost per coins in bulk looked to be $6 C, so I'll need help to determine if it's cost effective.
Thanks all of you, Old Wood
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Pillar of the Community
Canada
1733 Posts |
If you're not too far away from a knowledgeable member, maybe you can sort out a few grading issues over the price of a bottle of wobbly pop or hot cup o joe. For the most part while Canadian grading is technical, you should definitely sort within grades for eye appeal. Just because it's only a 64 doesn't mean it won't bring a great price if correctly photo'd and described. I've had toned AUs outprice much better technical coins, we've all seen it.
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New Member
 United States
11 Posts |
I'd be grateful if someone would consider that. I'm in lower New England between NYC and Boston. Let me know if you or someone you trust is 'near enough'. I'd entice by offering a few coins for good grading and good advice! Old Wood
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Moderator
 Canada
10463 Posts |
I know a trustworthy Canadian large cent collector down your way, but I doubt he has seen much in mint state silver dollars. To add to Ugly's comment, you also want someone who knows difference between a MS-63, MS-64 and MS-65 in silver dollars, particularly with that younger Elizabeth II effigy.
"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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New Member
 United States
11 Posts |
Thanks SPP-Ottawa! Does anyone know someone local to the NYC - Boston corridor that would have a good eye for grading 1963 unc. silver Canadian dollars? Thanks, Old Wood. I also have a small collection of USA coins that I've collected from child hood and some my Grandfather collected. Some Indian pennies, silver nickles, dimes, quarters and half-dollars and a few double eagles and sovereigns. I'd be happy to pay someone to spend some time with me and decide what should be graded professionally and by who, what might be special or not, what to sell and how and what I should keep as an investment. Thanks.
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Pillar of the Community
Canada
1733 Posts |
I don't personally know anyone with the requisite skills on Canadian silver in the area. The only guy I know in the US capable is on the West Coast.
You might have to make a trip up and rent a cottage on an Ontario or Quebec lake as part of your vacation plans oldwood. I'd just skip by Ottawa, when it's not cold nothing but methane is blowing out of the House of Commons and a new visitor might well be overcome <grin>.
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Moderator
 Canada
10463 Posts |
Certainly, if you came by Ottawa, I would gladly help. People who know me, and dealers who employ me, can speak to my grading skills. Besides, a big bag of mint state silver dollars, a couple of coin nerds, some beer or single malt scotch - I can't think of a better evening!! It is stuff legendary tales are made of!
"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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New Member
 United States
11 Posts |
Thanks Ugly and SPP-Ottawa, I just might take you up on that. Do you two know each other? Would you both consider getting together and going through my collection? I'd obviously cover the bar bill and perhaps make a donation to your collections:). Let me know and we can start some planning, perhaps out of the view of the public, but with whom I'd share the results. Old Wood
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Pillar of the Community
Canada
1733 Posts |
No we just met on here actually, we have some crossing interests in a few of the esoteric areas of coin metallurgy.
Had this been five years ago, I was spending MONTHS in the corridor flying in the back way via puddle jumper to Hartford whenever I could in order to avoid NY. It was much calmer and saner. I'd set up camp in Danbury and work from there - easy striking distance to NY and IBM. Alas I packed it in and retired and now I swat black flies, make maple syrup and fix up homes I can rent with the occasional forray into selling coin sets.
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New Member
 United States
11 Posts |
SPP-Ottawa, I've just put most of my own coins and about 25% of the Canadian silver into the air-tites. That was fun. I might have a proposition for you if you were willing. I would ask for some references from dealers you've worked with and a friend or two that you know via coins, but... Would you consider making a visit down here if I paid for expenses and for a day or two of advice and grading? It wouldn't be prudent for me to travel across the boarder with the amount of coins we are talking about, and perhaps not legal. The last thing I'd want is for them to be confiscated! Or we could meet up North, but we have a great old house in the country which my wife and I ran as a B&B years ago. So we could put you and a significant other up for a few nights in comfort. Let me know what your thoughts are. Thanks, Old Wood
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Moderator
 Canada
10463 Posts |
Oldwood, that might be possible, but later in the summer. When I am not messing around with coins, I am busy with my real job. I am a research scientist (geologist) with the Geological Survey of Canada and my June and early July are booked solid with field work in the 'Great White North' (Arctic). I could make a trip later in July. If you are really good, you can probably figure out my name by cross-referencing the latest Charlton Catalogue acknowledgements with Geological Survey website.... But I'll save you the hassle. Send me an email, and I'll give you my real name and some names of Canadian dealers I have graded mint state condition coins for, as well as some Canadian numismatists who can vouch for my grading skills and knowledge of varieties.
My wife would love a trip down there (she loves to shop in the states), as long as your country house can handle two active kids!
Roger --
"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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Moderator
 Canada
10463 Posts |
Oldwood, an alternative is that I come down myself over a weekend in early to mid June (prior to my fieldwork commencing). My significant other is a teacher, and time off for her now is not feasible. You can email me by clicking on the icon with the envelope, and I will provide you with references.
Roger --
"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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New Member
 United States
11 Posts |
Roger, I don't have access to the e-mail system yet -- too new. Add my name and workshop to find my web-site. Not to cryptic, but best I can do. Send me an e-mail from there.
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