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Got My Penny Set With Small Number

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Author Previous TopicReplies: 11 / Views: 1,720Next Topic  
Valued Member
zzzhuge's Avatar
Canada
85 Posts
 Posted 11/05/2012  8:59 pm Show Profile   Bookmark this topic Add zzzhuge to your friends list Get a Link to this Message Number of Subscribers
0014/5000
There are still 13 smaller ones, while I am satisfied
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Panda's Avatar
Canada
685 Posts
 Posted 11/05/2012  9:06 pm  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply
wow, congrats!
Valued Member
zzzhuge's Avatar
Canada
85 Posts
 Posted 11/05/2012  9:09 pm  Show Profile   Bookmark this reply Add zzzhuge to your friends list Get a Link to this Reply
Thanks, my smallest# so far
Pillar of the Community
Canada
6768 Posts
 Posted 11/05/2012  10:08 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
As someone told previously, in the other thread, the paper certificates assigned randomly to the coins / sets.

So, small number, means that the COA was printed earlier.
May be I mistaken? Please advice if you really familiar with this.

Is "low COA" better than "last COA" (5000 in this set), or "beautiful COA" - 0777, 0888, 1234 or 02012 ?
Pillar of the Community
Canada
871 Posts
 Posted 11/05/2012  10:09 pm  Show Profile   Bookmark this reply Add jsinger21 to your friends list Get a Link to this Reply
I bet you whoever has COA #1 or #5000 will have a hefty premium. Let's keep our eyes open on ebay.
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BiBo's Avatar
Canada
1189 Posts
 Posted 11/05/2012  10:22 pm  Show Profile   Bookmark this reply Add BiBo to your friends list Get a Link to this Reply
for me, I prefer some special COA #s rather than the low one. (First and last one, 9999, 1111, or some meaningful number for myself like birthday, birth year....so on.)

This guy on ebay make some extra money on a special last COA 5 oz penny.

http://www.ebay.com/itm/COA-1500-15...em46097350c7
Valued Member
zzzhuge's Avatar
Canada
85 Posts
 Posted 11/05/2012  11:01 pm  Show Profile   Bookmark this reply Add zzzhuge to your friends list Get a Link to this Reply
looks my number is not "profitable" enough
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 11/06/2012  01:17 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
The ebay auction is somewhat misleading in suggesting that this is the "VERY LAST 2012 Canada 5oz Silver Penny" since there is no evidence to support that statement. However, there is no doubt that people will pay a premium for certain COAs (first and last notably).

To me, COA numbers are simply a number. I wouldn't pay extra for a low or a high number but I also wouldn't be upset if I happened to get one.

que sera sera.

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1007 Posts
 Posted 11/06/2012  01:40 am  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
When I ship my penny sets that I owe for presales, I'm not even going to check the COA's.
Valued Member
TIPIT's Avatar
Canada
233 Posts
 Posted 11/06/2012  08:41 am  Show Profile   Bookmark this reply Add TIPIT to your friends list Get a Link to this Reply
CC-Ottawa... even if you woulnd't pay an extra or don't care about COA #s, there a lot of people out there who do, so it gives a premium to the coin.
So in your case, it's even better as if you get a good/nice COA for a coin you want to keep for collection, you can just sell it and buy another one.

This 1500/1500 Farewell to penny is even more meaningful for many... because the coin has been struck to celebrate the last year of the penny, the last penny. So this one is the last of the last penny!

I know the COAs are probably somewhat random, but people doesn't care. In these cases, it's the COA hich is valuable... even if they weren't random, there is nothing linking the COA to the coin so imagine the real 1500/1500 is perfect but the #763 has an valuable error. Anyone could switch the coin and sell it as "the very last coin WITH ERROR!!" Buy It Now at 5000$!

Anyway, COAs are always weird in the mind of those who don't care, but nobody can't deny the premium that they give! It's like a small lottery in the coin collection.

It's similar with the grading system. Some really like their coins to be graded, others just hate to put their so-nice coins into rectangular coffins! But at the end of the day, it's only a matter of opinion and the ones who don't care have the best of both world as they can sell it for a premiuim if they get one and never pay this premium to get a specific COA.
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 11/06/2012  09:21 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
@tipit.

Wasn't disputing that people pay for odd COAs. Some will pay for all 8s. Who knows, maybe some like 666.

Simply stated that I wouldn't.



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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 11/06/2012  09:47 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply

Quote:
This 1500/1500 Farewell to penny is even more meaningful for many... because the coin has been struck to celebrate the last year of the penny, the last penny. So this one is the last of the last penny!


Sorry, had to address that statement. 1500/1500 is not the last of the last penny. It's a piece of paper with a number written on it that certifies that it is one of the 1500 5 oz coins commemorating the penny. The coin is not a penny never mind being the last penny. It was not even minted at the same mint as the last penny; the last penny was minted in Winnipeg on May 4th.

Maybe "many people" are interested in that COA but there has been 1 bid on the ebay auction and frankly, I'd be surprised if it's a real bid. Bidder has no 30 day history. I guess we'll know if the seller gets paid in the next few days.

But to each their own, and you can bet that if I did get a overly hyped COA, I'd sell the piece of paper to someone who collects pieces of paper.
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