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 Replies: 133 / Views: 13,445 |
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Valued Member
Canada
90 Posts |
I'm sorry if I bothered any of you guys, but history means money, here is my reason I bought that #20000 last penny roll ! #20000 roll is the only absolute LAST penny roll legally in private hands ! Rare 'Double Eagle' 1933 coin worth $7.6 MILLION goes on show in UK for first time - Only 13 of the $20 coins are known to exist today
- Only one coin is legally in private hands http://www.dailymail.co.uk/news/art...UK-time.html Unique ancient coin 1813 Australian 'Holey Dollar' fetches $425,000 http://www.bornrich.com/unique-anci...-425000.html
Edited by yunbo
03/20/2013 7:03 pm
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Pillar of the Community
Canada
1354 Posts |
Yunbo
You don't owe anyone an explanation for anything. I'm glad you got what you wanted. It was pricy but worth it to you or you wouldn't have done it.
Do you have other coins in your collection or was this all you were after?
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Moderator
 Canada
10456 Posts |
Well, I did not expect that answer... or a comparison to true numismatic rarities... Numismatics does not necessarily work that way - your matrix is different from reality. Rarity, or uniqueness, and grade means money... the 1911 Pattern silver dollar, the 1908 RCM brass trial strike, the 1937 Paris Mint brass patterns, the 1967 25-cent pattern (Canada's last pattern piece) struck on a nickel planchet, are examples of history and rarity that command decent money. You bought 50 identical coins, of a batch of 1 million coins. You paid a monster premium for a holographic sticker on a special wrapper... there is no way that roll will ever be worth anywhere near what the last 1-cent struck that is residing in the Bank of Canada Museum, or the examples listed above... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
United States
1002 Posts |
^ Except the examples you show above are of actual rare coins and not just 50 of several million others in existence.
The last cent ever struck, if it were in private hands and could be validated, may command significant dollars some time in the future.
Still a very cool item and conversation piece and I don't begrudge your purchase of it at all - just not in the same league as other rarities.
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Valued Member
Canada
348 Posts |
hey spp. You have no idea what the value of this roll will be in 20 years. No one does. So stop pretending you do.
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Valued Member
Canada
90 Posts |
I also have collections of WORLD FIRST chinese culture series gold coins by RCM. From 2009, RCM started to release this series, 4 done, 6 more to go. |
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Moderator
Canada
10456 Posts |
Who is pretending? I have a pretty good idea, based on the last 150 years of Canadian rarities, and history is always a good proxy when it comes to Canadian numismatics. Heck, some of the Victorian pattern pieces (most with mintages of 5 or less) can be purchased for $6600... which do you think is historically more relevant? If it was your money, which would you choose?
Yunbo, I actually thought this item was bought for its uniqueness, and for your pleasure - in which case, value would be irrelevant. Clearly, I was mistaken, and I think at this point, we can only agree to disagree on investment potential... good luck with your unique holographic sticker... only time will tell...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa
03/20/2013 7:12 pm
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Pillar of the Community
Canada
834 Posts |
@SPP Totally unrelated but What type of AMG you driving?
Owned a 2008 C63AMG and presently Have a 2010 CL63 AMG and love it. Interested in seeing if Mercedes will offer the 2014 CLA45 AMG in Canada but then again who wants a 4 cylinder turbo AMG.
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Pillar of the Community
Canada
1354 Posts |
Yunbo Are those your first purchases or have you collected coins from circulation or other countries? Or do you like Royal Canadian Mint items? |
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Valued Member
Canada
90 Posts |
By my understanding about "Numismatics", it's all about Rarity+History+Subject+Design = ENVOY FROM THE WHOLE WORLD = Big money !
Above, is only my own 2 cents.
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Pillar of the Community
Canada
3167 Posts |
Well, he bought, and he felt like that was a fair price to pay (or that is how he makes it sound). I know I wouldn't have spent that much on something like that, but I am not him. Not much more I can say.
(Don't think you can compare it to the '33 eagle though, because without the wrapper, those coins are virtually worth face.)
Edited by noahs-numismatics
03/20/2013 7:13 pm
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Valued Member
Canada
90 Posts |
I purchased WORLD FIRST chinese culture series gold coins by RCM, most from RCM, only few from ebay. |
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Moderator
Canada
10456 Posts |
Quote:
By my understanding about "Numismatics", it's all about Rarity+History+Subject+Design = ENVOY FROM THE WHOLE WORLD = Big money !
Above, is only my own 2 cents. In every single example you can find from prices realized in auctions, it is the coin, not the package, that counts... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa
03/20/2013 7:28 pm
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Valued Member
Canada
90 Posts |
I have no plan to sell that #20000 last penny roll.
I don't even care how high its market value will be, once again, I'm a naive guy, I simply think 99.999% percent collectors in the world will not have a chance to own such a historic and totally unique collectible item.
I'm happy with this collection, we collectors always pursue happiness in heart, right?
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Pillar of the Community
Canada
1354 Posts |
Yunbo
Any specific coin you really want to acquire? Someday..
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Replies: 133 / Views: 13,445 |
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Posted 03/20/2013 6:58 pm
