My First Numismatic Purchase - 1947 Silver Dollar - Ml

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Author	Replies: 8 / Views: 2,214
poboxw Pillar of the Community Canada 1502 Posts	Posted 12/21/2011 10:04 pm I've been collecting VG-EF Canadian 50cent coins for a while, both for its silver content (my interest in coins started with silver bullion) and as a foot in into the world of Canadian Numismatics (and what a world!) This one here is my first purchase, done rather impulsively though. I've taken as good of a photo as I can muster and was hoping the gentlemen here can suggest what grade the coin is and whether I should get the coin professionally graded. My pictures are not doing the coin's luster and shine any justice though. In retrospect this thread should've been posted in the grading subforum. My bad! Edited by poboxw 12/21/2011 10:07 pm Report this Post to the Staff

Apollo Pillar of the Community Canada 1610 Posts	Posted 12/21/2011 10:30 pm I would say MS60 to MS62 which would be between $425-$600 and it would probably be worth getting graded by a professional grader. Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 12/21/2011 10:36 pm Looks like an AU details coin to me. The hairline scratches are a good indicator of a cleaning, and it looks like there is some wear on the high points of the coin. Maybe a $200-$250 coin. Edited by Canadian-Banknotes 12/21/2011 10:37 pm Report this Post to the Staff
wireman09 Pillar of the Community Canada 972 Posts	Posted 12/21/2011 11:50 pm Generous graders here. I think your coin would grade EF40-45. Unfortunately I think it has been cleaned to. Still a very nice dollar that is desirable in any grade. A good choice for your first dollar purchase. Low mintage of approx 21,000. I'd value the coin at 225-275. If you bought the coin for the right price you made a wise purchase. I have 3 of them and am also looking for more of them if the price is right. Report this Post to the Staff
54dollarcoin Valued Member Canada 475 Posts	Posted 12/22/2011 08:04 am Cleaned and somewhat rough EF details. If there were not 3 different types of 1947 dollars the ML would be of a much higher value rivalling the 1948. Mintages are quite similiar 21k v 18,780. I buy any problem free 47 ML when I have a chance. Report this Post to the Staff
glenzy1 Pillar of the Community Canada 1554 Posts	Posted 12/22/2011 08:51 am I just find it sooo funny about all the hype there is for the 1948 silver dollar when at any given time almost every grade is available on E-bay. However, the 1947 Maple Leaf with the same mintage, is sooo highly underrated and under appreciated it is very difficult to find in mintstate! Glenn Report this Post to the Staff
kensho52 Valued Member United States 83 Posts	Posted 12/22/2011 08:52 am I agree with the EF and cleaning. Still, a great coin and I'm envious. Report this Post to the Staff
coincollect1 Pillar of the Community Canada 1731 Posts	Posted 12/22/2011 4:01 pm EF, cleaned. But I'm jealous of your coin Report this Post to the Staff
poboxw Pillar of the Community Canada 1502 Posts	Posted 12/22/2011 4:43 pm Thanks for all the feedback! Report this Post to the Staff
	Replies: 8 / Views: 2,214

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