| Author |
 Replies: 10 / Views: 2,015 |
|
|
Pillar of the Community
Canada
1554 Posts |
Poll Question
 1945, end of W.W. II and the beginning of the Baby Boomer generation! Canada's mintage of the 1945 silver dollar was a paltry 38,391 and in today's Charlton Catalogue, shows split among 3 varieties. So, here's a simple and quick Poll to determine what you think of this dollar year in MINSTATE grade. The 1947 and 1948 silver dollars with the same mintages as the 1945 have trend values 2x-3x higher in almost all Mintstate grades. This begs the question I've been pondering for quite some time now: "In your opinion, is the 1945 in Mintstate underrated/undervalued in C.C.N. Trend$?" Glenn 
Edited by glenzy1
08/06/2012 07:49 am
|
|
|
|
Pillar of the Community
 Canada
9865 Posts |
Did you mean '47ML glenzy,as '47 blunt is priced lower than the '45 in trends?
With mintages of 21,000 and 18,000 the '47ml and '48 are much lower than the '45 at 38,000.
'45 dollars regularly sell at prices below trends.
I vote no.
|
|
Pillar of the Community
 Canada
1554 Posts |
Hi DBM, no I'm comparing the date's of the Big 3 '45, 47, & '48 without looking at the varieties. I realize that the '45 has twice the mintage of the other two, however, this is still very minimal compared to many decimal mintages. Glenn  |
|
Pillar of the Community
Canada
9865 Posts |
'47 I believe has a mintage of over 60,000 and the common blunt variety trends at less than 2/3 the pe price of '45 in MS
|
|
Pillar of the Community
Canada
1554 Posts |
 Yes DBM, you are correct about that mintage for the blunt 7. I was looking up the Maple Leaf when I was making the comparison, sorry, my fault. Glenn  |
|
Pillar of the Community
Canada
838 Posts |
I vote yes, although I feel the same is true in all grades. What it's so special about the given grade? These dates all wear about the same, current price curves reflect this, and there are tons of good fakes in "mintstate".
Just MHO.
|
|
Pillar of the Community
United States
863 Posts |
Can someone post a picture of one of these coins? I have never heard of it
|
|
Valued Member
Canada
371 Posts |
I think a better pole would be: Is the 1948 dollar overpriced in trends?
|
|
Pillar of the Community
Canada
2366 Posts |
|
|
Pillar of the Community
Canada
617 Posts |
If you are able to find a good quality for the grade 1945 at trends prices, its not undervalued.
If the average to good ones go at auction at a higher price, Trends would be undervalued.
I don't have a mintstate '45, but I was able to get a really nice looking EF40 at two-thirds of Trends.
|
|
Pillar of the Community
Canada
1581 Posts |
Comparing a 1975 Charlton ("Unc.") with 2012 (MS-62) (I'm making the assumption to old UNC meant a mid-level MS coin)
1945: $300 -> $600
1947ML: $300 -> $650
1948: $650 -> $2300
A comparison of "Spec." to SP-63
1945: $1000 -> $1500
1947ML: $1300 -> $2500
1948: $2000 -> $5000
That would seem to point to a lack of appreciation for the 1945 over time. But, a fairer question would be 1947ML v. 1948. Does 3655 (~20%) more 1947ML really make it worth less than a third of a 1948?
The 1948 is definitely not scarce. There are always PLENTY available. And for some reason, people pay ridiculous prices for circulated examples. It defies normal price progressions. Trends $900 for an F-12, $1500 for an AU-50, and $2200 for an MS-62.
Why would someone spend that for an F-12 instead of getting the AU-50?
The problem with discussing the 1948, of course, is everyone that actually has a 1948 will fight anyone that questions its value. Such talk is to be destroyed lest the reality sink in and harm their investment (or worse, dealers with them in stock see such talk as a threat to their livelyhood). Those that don't have a 1948 merely shake their head and think "out of my league" rather than question WHY.
I fully expect the subject to be quickly quashed.
|
| |
Replies: 10 / Views: 2,015 |
|
Posted 08/06/2012 07:47 am
