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The Canadian Coin Market

 
 
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Valued Member

Canada
166 Posts
 Posted 06/27/2018  8:11 pm Show Profile   Bookmark this topic Add twoods to your friends list Get a Link to this Message

Hello,

Just wondering about forum members thoughts on the state of the Canadian coin market. Over the past few years I know some views have been pessimistic, but curious if there are some areas which have been picking up as I have noticed some higher hammer prices at auctions lately...curious about everyone's thoughts
Valued Member
Canada
465 Posts
 Posted 06/27/2018  8:22 pm  Show Profile   Bookmark this reply Add johnnysprawl to your friends list Get a Link to this Reply
Pillar of the Community
United States
2045 Posts
 Posted 06/28/2018  05:40 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
The current exchange rate for US/Canadian $$ I think is affecting auctions and sales now. With the official published rate approaching $1.34 and heading toward $1.40 and the bank taking another 3% on an exchange, some Canadians are getting left somewhat behind ... US collectors have an upper hand.
Edited by okiecoiner
06/28/2018 05:41 am
Valued Member
United States
86 Posts
 Posted 06/28/2018  9:06 pm  Show Profile   Bookmark this reply Add 1960NYGiants to your friends list Get a Link to this Reply
I agree with Okie. It is becoming a buyers market here in the States. But common stuff is very depressed. High grade scarce material is bringing decent prices. Example is the recent Doug Robbins collection of Tokens sold by Heritage.

Gene
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