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1947 Ml & 1948 Silver Canadian Dollar Help

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Pillar of the Community
Pertinax's Avatar
United Kingdom
2135 Posts
 Posted 09/06/2013  4:03 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
jg86,
Very simply, their previous owner was fooled and believed them to be genuine.

I saw a collection earlier this year with lots of rarities.
Even though the collector was experienced, many of the rarities were great-looking fakes at the right weight.

New Member
United States
17 Posts
 Posted 09/06/2013  4:11 pm  Show Profile   Bookmark this reply Add nothing to your friends list Get a Link to this Reply
Well I figure I'll find out soon enough. Planning on taking them into a coin dealer this weekend and then getting them graded (if they aren't deemed fake). If anyone has any advice for me regarding the grading process etc. I'd love to hear it -- new territory for me.
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NuMoosematist's Avatar
Canada
867 Posts
 Posted 09/06/2013  4:39 pm  Show Profile   Bookmark this reply Add NuMoosematist to your friends list Get a Link to this Reply
Hi nothing!

I will go out on a limb and say that the coins are genuine.

Please let us know what the coin dealer has to say.
Pillar of the Community
DEVLEC's Avatar
Canada
3234 Posts
 Posted 09/07/2013  10:30 am  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
with jg86. The dollars gotta be real and that's super...



I'm not allowed out a lot ,.. and I'm therefore not familiar with "silver certificates". Could someone fill me in on there purpose and possible value here.
Valued Member
Valiamo's Avatar
Canada
122 Posts
 Posted 09/07/2013  11:14 am  Show Profile   Bookmark this reply Add Valiamo to your friends list Get a Link to this Reply
Can you post a the full coin picture of the 1948? Obverse and reverse? Get as close as you can without cutting off part of the rims? Saw similar looking coins on another site, and part the 48 picture was cut-off.
Pillar of the Community
Canada
686 Posts
 Posted 09/07/2013  11:36 am  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Pertinax - You are 100% right. That's why I said unless he believed them to be real. You can't say something is real just because it's in a safety deposit box, but it does support the claim a little.
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lambecolin's Avatar
Canada
618 Posts
 Posted 09/07/2013  10:42 pm  Show Profile   Bookmark this reply Add lambecolin to your friends list Get a Link to this Reply
I agree with JG----real. Fakes are rarer ?
New Member
United States
17 Posts
 Posted 09/11/2013  7:49 pm  Show Profile   Bookmark this reply Add nothing to your friends list Get a Link to this Reply
Sorry for the delay in posting. Unfortunately my lack of talent wasn't able to easily come up with anymore pics that I could upload for you to better look at. I did finally manage to take the coins to a local coin shop to have their specialist look at it.

He openly admitted that he specialized in US coins. After spending a couple hours with the 1948 he said his suspicion was that it was fake but he was far from sure.

At this point I'm more interested in knowing than anything else -- I've never knowingly owned a counterfeit coin so my worst case scenario would still be kind of neat :). I also couldn't in good conscience even attempt to sell this thing without knowing it to be genuine. So I forked over the cash to have it submitted to NGC for grading. I'm guessing I should have the results in 7-10 days and I'll let everyone know in detail what they are.

Thanks again for all the help.
New Member
United States
17 Posts
 Posted 09/19/2013  5:50 pm  Show Profile   Bookmark this reply Add nothing to your friends list Get a Link to this Reply
I have a bit of an update. The coin shop that allowed me to submit the coin for grading under their account to NGC said they heard back and that the 1948 is real but was cleaned at some point resulting in hairline fractures. Overall good news I think. I'm guessing the 1947 Maple Leaf is real as well though probably suffered the same fate. Looks like I should have the coin back this coming Monday and I'll post full details then and hopefully some updated pics.
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Coin Chick's Avatar
Canada
1354 Posts
 Posted 09/19/2013  6:38 pm  Show Profile   Bookmark this reply Add Coin Chick to your friends list Get a Link to this Reply
At least they are real. Congrats.
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DEVLEC's Avatar
Canada
3234 Posts
 Posted 09/20/2013  10:44 am  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
That's music to our ears..

...but can anyone tell me what the "silver certificates" are and their possible value?
New Member
United States
17 Posts
 Posted 09/20/2013  10:53 am  Show Profile   Bookmark this reply Add nothing to your friends list Get a Link to this Reply
DEVLEC -- I'm by far a rank amateur with this stuff but the gist of it is that at various times the US issued paper silver certificates in various denominations which could be redeemed for that face dollar value in silver. For the most part they look much like regular US paper currency. I believe they took away the ability to redeem them for silver sometime in the 1960's. They are still worth their printed cash value.

For the most part they have no collectable value though there are a few series from various years/denominations that are rare.
Edited by nothing
09/20/2013 10:54 am
Pillar of the Community
DEVLEC's Avatar
Canada
3234 Posts
 Posted 09/20/2013  4:47 pm  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
Thanks nothing....There's the answer...
New Member
United States
17 Posts
 Posted 09/23/2013  08:34 am  Show Profile   Bookmark this reply Add nothing to your friends list Get a Link to this Reply
Pillar of the Community
DEVLEC's Avatar
Canada
3234 Posts
 Posted 09/23/2013  08:55 am  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
That's very good news and no doubt the same good news for the 47.. You rolled the dice ,..and you won..
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