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Replies: 11 / Views: 1,720 |
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Valued Member
Canada
85 Posts |
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Pillar of the Community
Canada
685 Posts |
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Valued Member
 Canada
85 Posts |
Thanks, my smallest# so far
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Pillar of the Community
Canada
6768 Posts |
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 ? 
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Pillar of the Community
Canada
871 Posts |
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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Pillar of the Community
Canada
1189 Posts |
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
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Valued Member
 Canada
85 Posts |
looks my number is not "profitable" enough 
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Pillar of the Community
Canada
3690 Posts |
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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Pillar of the Community
1007 Posts |
When I ship my penny sets that I owe for presales, I'm not even going to check the COA's.
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Valued Member
Canada
233 Posts |
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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Pillar of the Community
Canada
3690 Posts |
@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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Pillar of the Community
Canada
3690 Posts |
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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Replies: 11 / Views: 1,720 |
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