Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest! Check out our Google+!
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Canadian coin dollars - 1967 and before.  
 

 
To participate in the forum you must log in or register.
Author Previous Topic Topic Next Topic  
New Member

Canada
1 Posts
 Posted 01/31/2011  05:51 am Show Profile   Bookmark this topic Add Phil513922 to your friends list Get a Link to this Message
Hello,
My kids are collecting Canadian coin dollars from
the 1950's to 1960's. Any advice on securing some?
The local coin shops are charging a large premium.
Thanks.
Pillar of the Community
Australia
2830 Posts
 Posted 01/31/2011  11:26 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
the Canadian silver dollars are beautiful coins. I have a few deux-voyageurs and most of the commemoratives.
Coin shops have to make a profit.
If you are patient, and set yourself a realistic target price, you can pick them up on eBay, in reasonable grades: but, you have to wait and watch. It's character-building.

Peter in Oz

p.s. - please read the other threads on CCF about getting started in coin collecting; and how to guard against forgeries. A lot of silver coins are now counterfeited, and some the fakes are very good to look at. The usual give-away is that they rarely weigh-in correctly. Also, silver is not magnetic. But those tips aren't much help if you're buying over the internet.

And remember: "Buy the book, before you buy the coin."
Edited by Peter THOMAS
01/31/2011 12:13 pm
Valued Member
Canada
200 Posts
 Posted 01/31/2011  3:04 pm  Show Profile   Bookmark this reply Add pennylover1010 to your friends list Get a Link to this Reply

Quote:
The local coin shops are charging a large premium.


Not sure what sort of premium you are talking about but most of that will surely be the price of silver? A 50's or 60's dollar is worth $14 or so today based only on silver content. eBay will give you a good idea of what a fair price is. Most dealers will sell their junk silver for a bit above spot (they should be allowed to make a profit!)

Proof-like sets are a good option too. Sets from 1963 to 1967 go for slightly above spot and the coins are pretty.
Pillar of the Community
Canada
1248 Posts
 Posted 01/31/2011  8:27 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
And.. Peter in OZ... your advise is well meant and important..
BUT it is more important to buy the coin and not the packaging.....i.e. TPG packaging in many cases.
Valued Member
Canada
276 Posts
 Posted 01/31/2011  9:52 pm  Show Profile   Bookmark this reply Add rodime to your friends list Get a Link to this Reply
I find it's hard to get $1 pre-68 coins for less than $16, because the dealer does mark them up. And I'm okay with that - because really, that's a tiny markup compared to retail, or the food industry.
Pillar of the Community
Canada
626 Posts
 Posted 02/01/2011  11:29 pm  Show Profile   Bookmark this reply Add MrCanada to your friends list Get a Link to this Reply
Sixteen is not to bad a price if they are au nickle dollars go for $2.00 or so , good luck.
Valued Member
United States
446 Posts
 Posted 02/03/2011  3:46 pm  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
Go to a show that is near where you live. Look for a large show with over 100 dealers if possible. That way you should be able to find a couple of dealers with Canadian coins if your living in the USA. The series from 1949 to 1967 is really not that expensive, you should readily be able to find uncirculated coins that cost around $25 or less. If you haven't bought a book to find out how to grade coins, do so, it's to your advantage. They made a lot of the 1949 in excellent condition so that should be easy to find. Don't buy problem coins or coins that look like they have been cleaned. If your not sure, ask the dealer's opinion. You might find that Proof like coins are actually cheaper to obtain than mintstate in high grade. When you buy high quality coins, they maintain their value better than just buying a coin for it's bullion value which will always be just a bullion value coin.
  Previous Topic Topic Next Topic  
 
To participate in the forum you must log in or register.

Coin Community Member eBay Sales

Ending Soon   Newly Listed   Lowest Price   Highest Price   Certified Coins   Certified VAMs   Certified Errors  




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2018 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2018 Coin Community Forums
It took 0.48 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05