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1969 Large Date

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Pillar of the Community
Canada
686 Posts
 Posted 08/23/2013  10:07 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Rather than investing in tonight's Lotto Max draw, I decided to purchase a box of dimes today. It's been a while since I've done any CRH (it's been a while since nickel was $20/lb), but I was surprised how difficult it was to find coins pre 2000. Maybe 15% were. However, I was also surprised at the number of 1968s I found (25 1968s vs. 3 1969s). The mintage figures seem to suggest a 3:1 ratio.

One thing I discovered about dimes is that the dates can be quite hard to read with the naked eye! I even have better than 20/20 vision.

Pulled 1 silver (1962), and 3 rolls of American dimes (took no extra effort, so figured why not).

No 1969 Large Date, but still returned a whopping $1.29 on my $250 investment!! (75 cents for the US, $1.34 for the silver, minus 80 cents for short rolls). Probably better than I would've done on Lotto Max anyways!
Pillar of the Community
Canada
686 Posts
 Posted 08/23/2013  10:08 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Libertad - you reminded me of the kid at my elementary school who insisted that he had Boardwalk for McDonald's Monopoly, but couldn't find Park Place, so he didn't win the $1 Million.
Pillar of the Community
dialog_gvf's Avatar
Canada
1581 Posts
 Posted 08/25/2013  2:25 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
Not much of an appreciation on VF over 30 years.

Still unloved.
Pillar of the Community
littlemoney's Avatar
Canada
902 Posts
 Posted 08/25/2013  3:23 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
The coin-cabinet had this very same coin on ebay last year. I'm sure they will still have it for some time.
Pillar of the Community
chequer's Avatar
Canada
4227 Posts
 Posted 08/25/2013  3:28 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
And here it was at the Geoffrey Bell (Coin Cabinet) RCNA 2010 auction:

http://www.icollector.com/1969-Ten-...ate_i9548079
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 08/25/2013  8:17 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
I wonder how a similar rarity in the US would do?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 08/26/2013  01:19 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
@jg86 Then mint has been running ARP (Alloy Recovery Program) for a number of years now. Probably having a noticeable impact on CRH by now. Check the older threads for more info.
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glenzy1's Avatar
Canada
1554 Posts
 Posted 08/26/2013  02:57 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
To spend that amount of money on one modern day coin that has a significant "problem" associated to it on the Certificate is questionable?
Can you imagine how many gorgeous Vicky/Eddy/Kink George coins you can have for that price?

Glenn
Pillar of the Community
Canada
686 Posts
 Posted 08/26/2013  09:13 am  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
kuh - I'm aware. Back in 2007, when I was still a student, I was CRH nickels like crazy, made about $40,000 that summer doing it by hand. Bought a machine afterwards that could do it, but the price started dropping, and went from finding 10 per roll to 4 in no time.

I didn't think they'd be targeting the dimes so much though, there can't be much more than 2 cents of nickel in each one.
Valued Member
priorpence's Avatar
Canada
148 Posts
 Posted 08/26/2013  4:26 pm  Show Profile   Bookmark this reply Add priorpence to your friends list Get a Link to this Reply
I've never had anything to do with an auction so I am stunned at the buyers premium, what is the sellers cost.
Pillar of the Community
Canada
5324 Posts
 Posted 08/26/2013  5:19 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
At most major auctions the buyers premium is around 15 to 18|%
Pillar of the Community
Canada
686 Posts
 Posted 08/26/2013  10:42 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Sellers often pay 5-10% as well.
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