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$1 2002 Silver Coin - Queen Elizabeth The Queen Mother

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Canada
234 Posts
 Posted 02/03/2013  10:50 am Show Profile   Bookmark this topic Add ksimms3 to your friends list Get a Link to this Message Number of Subscribers
So at a local dealer I see they have this coin listed for 130$... Good investment? I have seen other online dealers asking for double this price. I must say it is one of the ugliest coins I have seen
Valued Member
Canada
373 Posts
 Posted 02/03/2013  11:19 am  Show Profile   Bookmark this reply Add taro-chan to your friends list Get a Link to this Reply
Here's mine. Uglier then the 20for20 for sure

$1-2002-Silver-Coin---Queen-Elizabeth-The-Queen-Mother
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/03/2013  11:20 am  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply
With all of the packaging and in perfect condition? BUY! That coin is very hard to find under $200.

Mintage of 9994 and a must have for silver dollar collectors.

edit to add: Note that it's sterling silver so taxes apply so if that's $130 all in, it's an even better buy.
Edited by CC-Ottawa
02/03/2013 12:05 pm
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Mrpiedfort's Avatar
Canada
663 Posts
 Posted 02/03/2013  11:24 am  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list Get a Link to this Reply
JandM is selling the coin for $350.
Valued Member
Canada
373 Posts
 Posted 02/03/2013  11:25 am  Show Profile   Bookmark this reply Add taro-chan to your friends list Get a Link to this Reply
I agree. I would buy it.
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BiBo's Avatar
Canada
1189 Posts
 Posted 02/03/2013  11:41 am  Show Profile   Bookmark this reply Add BiBo to your friends list Get a Link to this Reply
I've never seen this coin before.

But here is my 2cents. If many people agree it is ugly. Then why bother to buy? even it is at a tempting price.

Unless it is for resale purpose not for enjoy.

I only buy coins that I see it is nice to me to enjoy my collection.

Might be experience collectors have their different thoughts
Edited by BiBo
02/03/2013 11:42 am
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1007 Posts
 Posted 02/03/2013  11:46 am  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
If you want a full silver dollar collection, you need it.
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BiBo's Avatar
Canada
1189 Posts
 Posted 02/03/2013  11:51 am  Show Profile   Bookmark this reply Add BiBo to your friends list Get a Link to this Reply
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kuh_85's Avatar
Canada
2366 Posts
 Posted 02/03/2013  12:31 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
That's just the way us OCD types roll! :-)
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Mrpiedfort's Avatar
Canada
663 Posts
 Posted 02/03/2013  12:51 pm  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list Get a Link to this Reply
I'm glad I don't have OCD. Or do I?
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12279 Posts
 Posted 02/03/2013  1:08 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
I've charted the selling price on this particular silver dollar and it has been trending downward from its previous $300+ price levels for the past couple of years. Selling prices of ~$200 and below are out there. That said, a price of $130 for a problem-free coin is definitely a good price. I would purchase.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 02/03/2013  2:31 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I believe that the mintage on this coin is less than 2000!
Originally intended to be 10,000 or so, however due to it being ugly there was no demand for it so only 1000 and change were minted, hence the High price on the secondary market.
Edited by darryldarryl
02/03/2013 2:32 pm
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CC-Ottawa's Avatar
Canada
3690 Posts
 Posted 02/03/2013  2:35 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list Get a Link to this Reply

Quote:
I believe that the mintage on this coin is less than 2000!



Quote:
Mintage of 9994
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12279 Posts
 Posted 02/03/2013  2:44 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
...due to it being ugly there was no demand for it ...


On the contrary, it was a sell-out at the RCM. At the time of its issue, it was (by far) the lowest mintage NCLT commemorative silver dollar the RCM had issued and was immediately recognized as such by collectors.




Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Hoop130's Avatar
Canada
333 Posts
 Posted 02/03/2013  9:30 pm  Show Profile   Bookmark this reply Add Hoop130 to your friends list Get a Link to this Reply
@ksimms3, if there is two available, I would be glad to take one at that price. Even something extra for your help.
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 02/03/2013  10:16 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I must apologize. You are correct!
My eyes must be failing me as I thought I was seeing the silver moon mask!
Edited by darryldarryl
02/03/2013 10:17 pm
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