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Bank Of Canada 1912-14 Gold Coin Special RCM Release

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Pillar of the Community
Canada
5327 Posts
 Posted 03/10/2013  10:20 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
take the coins to a dealer you trust ask for their opinion on grade, the 1913 14 10 dollar pieces according to the pcgs video if they dont grade ms 65 or better no need to send to a TPG. If you personally think the obverse is only a ms 63 there is no way the coin will grade higher. It cost a lot to insure coins to pgcs
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Panda's Avatar
Canada
685 Posts
 Posted 03/10/2013  11:23 pm  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply

Quote:
Here's my set of 3 $5 gold coins starting at $0.01


$1,725 now
Valued Member
54dollarcoin's Avatar
Canada
475 Posts
 Posted 03/10/2013  11:34 pm  Show Profile   Bookmark this reply Add 54dollarcoin to your friends list Get a Link to this Reply
Great information from the PCGS video. Most informative.
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Cassidy77's Avatar
Canada
541 Posts
 Posted 03/10/2013  11:47 pm  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
@ panda and John 100

the Panda ebay listing illustrates exactly what I'm seeing in these coins..MS 65 reverses with nice photos but are they MS 65 coins?

according to JOHN 100 the obverse should determine the grade

I note most of the ebay listings dont show a clear obverse picture and mostly you get large reverse pics
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54dollarcoin's Avatar
Canada
475 Posts
 Posted 03/10/2013  11:57 pm  Show Profile   Bookmark this reply Add 54dollarcoin to your friends list Get a Link to this Reply
that is because MOST of these coins are NOT going to be any better than ICCS MS60-62 they may show original skin and have nice eye appeal but due to the sharp high serrated edges of the, coins the obverses got hammered by bag marks. Just the way it is!
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Panda's Avatar
Canada
685 Posts
 Posted 03/11/2013  12:20 am  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply
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Cassidy77's Avatar
Canada
541 Posts
 Posted 03/11/2013  12:28 am  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
well I've just re-examined my PS 1914 5.00 and its basically MS 63 for sure which books at 3500.00 in both 2012 Charltons & Canadian Coin News Trends......and for which I paid 835.00..Reverse grades 65 Obverse 63 with lots of small bag marks and one lite scratch above ear

im pretty sure the coins werent selected by professionals! and they may have used the reverses to determine the greater part of the difference between HS and PS

but the RCM price is still way short of Trends..Up here in Canada we use Trends prices to determine retail value mostly and deduct a variable % to make a deal

trends price for an MS64 coin of the above is 10,000.00!

MS 62 Trends at 1600.00
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Panda's Avatar
Canada
685 Posts
 Posted 03/11/2013  12:33 am  Show Profile   Bookmark this reply Add Panda to your friends list Get a Link to this Reply
PHS should be much nicier than HS, return yours to exchange a new one.
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1007 Posts
 Posted 03/11/2013  01:00 am  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
I'm sure the mint will let him return it for a better one lol
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Cassidy77's Avatar
Canada
541 Posts
 Posted 03/11/2013  01:14 am  Show Profile   Bookmark this reply Add Cassidy77 to your friends list Get a Link to this Reply
or I could ebay it using the reverse pics
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 03/11/2013  01:50 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
No returns or exchange for these coins.
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 03/11/2013  01:52 am  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
Colonial Acres has 1913 and 1914 $10 for sale but both sold out:

http://colonialacres.com/products.p...41868&ref=47

http://colonialacres.com/products.p...41826&ref=47



Why pay $1199 forthe 1913/1914 $10 coins when you could still get them for $1000 at the Mint?
Pillar of the Community
Canada
5327 Posts
 Posted 03/11/2013  02:52 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
the old trends are not valid anymore you are adding 30000 units to the population, plus with the info from the video. Mr. Cambell a premeir dealer brocker tells you the 1913 and 14 10 dollar coins has some ms 66 and maybe a 67 which I presume will be in the best of the best set. The pcgs pop report also tells you someone had early access to over 1600 coins grading ms63 or better, if one dealer was given early access probably oter dealers were allowed earle access to these coins . PCGS has a 6 to 12 weeks turn around time for grading.
Pillar of the Community
Canada
1505 Posts
 Posted 03/11/2013  05:19 am  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
@John100
The last count I saw had about 3500 coins graded (3300 at 63+). Based on the graded coins on pg 122, this does not seem that surprising, as they look similar to many of the coins posted on this forum.

You make a good point on waiting for what might be a 63 coin, the grade shouldn't change the longer you wait. I think the 1914 $10 will be an interesting one to watch, on one hand you have 15k high quality coins, but on the other 75%+ of the mintage will be melted. Does anyone know of a similar situation and what the impact was?
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swrbxxx's Avatar
Canada
834 Posts
 Posted 03/11/2013  08:13 am  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
Trends on these coins will get slammed over time even with the melt.
There are far too many MS coins graded in such a small period of time

MS65 + will hold a premium
Anything below that I believe will come down to just over bullion melt
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