Collecting Silver Dollars

The "common varieties" of/from 49 to 67 should be easy to find in high grades. MS 63 and 64 are everywhere,.. so wait for a very good deal. (basically melt value)

Get good at grading them and you should be able to find raw ones that are quite common at a better price.

I melted a lot of them awhile back when melt paid more than choice prices were offering for the common dates and varieties. I was not here at that time and would have liked to help new collectors here.

Be patient.....and let us know as you pick them up..

The 2012 Charlton Vol 1 Ed 66 has a special section for silver dollars in the back giving all the recognized varieties etc. You can also find some of them at http://www.coinsandcanada.com/coins-prices.php . I presume you're just looking at the circulation ones 1935-1967 and not the commemoratives ones?

Just my Two Cents, but in the same grade, absolutely. The 1948 is a glamour coin because it's the lowest mintage circulation coin in Canada's history. It's my opinion that these were recognized very early for their low mintage and saved en masse. The 1947, by contrast doesn't get any of the hype the 1948 gets, and therefore wasn't culled from circulation as rigorously. I think the ebay results are a nice snapshot of the market. There might be 10 or 20 of the 1948s sell every month, while you might only get one or 2 of the pointed '47s in the same time frame.

Price doesn't necessarily line up with scarcity. The 48 will generally cost you more, but you'll work a lot harder to find the 1947. I think that if I conducted a thorough search, I could reasonably find a high grade (MS-64+) 1948 within a few hours. I don't think the same could be said of a 1947 pointed 7 (dot or no dot).

Go for it, if you're in Australia. Hopefully you'll get a good deal!

Looking at trends....1947 P7 starts at $100 and a 1948 starts at $900. But go to an MS64 and a 1947 P7 is $6500 and a 1948 is $5500. Should the low end 47 P7s come up or what?

Which color label on the PCGS holder?

Oh I wish this coin was in a small Australian auction! I'm Canadian, I'm talking about my hometown which is outside of Ottawa. Has anyone here seen this sale advertised at all? Maybe I shouldn't be talking about it!

I would never think of bidding without first seeing photos and checking the certification number on the PCGS holder. I am wary about the fake PCGS coins going around, are these fakes replicating the original numbers on the holders as well?

Part of the reason I don't own a 1948 Dollar is what people have been talking about here, I am sure they are overpriced compared to their true rarity as they are the "glamour" coin of the series. It's like the 1930 Penny in Australian coinage, people still pay crazy money for that coin even as prices have come down quite a bit in the past 5-10 years. It may be a rare coin (around 1500 expected to exist) but you can typically find a handful of examples at every major auction here!