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Condition G4 Coins - Worth Keeping Or Not

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Osiris's Avatar
Canada
118 Posts
 Posted 11/26/2013  6:01 pm Show Profile   Bookmark this topic Add Osiris to your friends list Get a Link to this Message Number of Subscribers
I have a number of Canadian coins from years with low mintage such as quarters from 1905, 1915, 1927 that would only grade G4.

None of these G4 coins are included in the value tables in the Charlton catalogue, which bottom out at VG8 (generally older 20th century silver coins).

In your opinion, are these worth anything more than melt value? If yes, how would you place a value on them?
Valued Member
trimble's Avatar
Canada
299 Posts
 Posted 11/26/2013  6:24 pm  Show Profile   Bookmark this reply Add trimble to your friends list Get a Link to this Reply
I have an 1890 ICCS graded G4 Vicky 50c....not gonna toss that one unless I can afford to upgrade it. I think some G4s have a place! Canadian Coin News Trends section start some of the denominations at G4.
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 11/26/2013  6:33 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
worth keeping.
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glenzy1's Avatar
Canada
1554 Posts
 Posted 11/26/2013  6:36 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Osiris, it all depends on what your collecting goals are, and only You can and should decide that! Asking someone else if you should get rid of your G-4's is like being at an ice cream parlour with 70 different flavours and asking the guy standing in line next to you, "what flavour should I choose"?
How you may eventually come to decide this are the following factors:
>where do you foresee your Collection 10 years from now?
>what type of expendable budget do you have for the Hobby?
>will you be happy with a G-4 grade, or will you feel you'll eventually need to upgrade?
>will you be proud to show off your Collection at the grade you have chosen? These are just a few of the variables to think about, then only will you know what flavour ice cream to order!


Glenn
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Nathancrh1's Avatar
Canada
785 Posts
 Posted 11/26/2013  6:56 pm  Show Profile   Bookmark this reply Add Nathancrh1 to your friends list Get a Link to this Reply
Heck coinsandcanada starts its price guide at AG3 and even then some of the coins are listed for many times melt.
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nickelsearcher's Avatar
United States
15476 Posts
 Posted 11/26/2013  7:00 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I encourage you to at least consider the possibility of considering a set of circulated coins ... often referred to as 'low-ball'.

There are many collectors ... myself included ... who enjoy the hunt for honestly circulated examples as low as we can find them.

I do not have the knowledge to understand the potential challenge for Canadian quarters in the years you describe ... but for many of us the greater challenge is low-ball coins rather than MS.

David
Take a look at my other hobby ... http://www.jk-dk.art
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North of 49's Avatar
Canada
617 Posts
 Posted 11/26/2013  7:20 pm  Show Profile   Bookmark this reply Add North of 49 to your friends list Get a Link to this Reply
I say keep it as long as it fills a hole in your collection. When and if a better one comes along you can always trade it ( or maybe even give it) to someone who needs to fill a hole in their collection.
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chequer's Avatar
Canada
4227 Posts
 Posted 11/26/2013  7:27 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
Of late, I have had a newfound respect for good and under coins. I'm working on a collection of quarters G6 or less and it's kind of fun.
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Pacificoin's Avatar
Canada
5400 Posts
 Posted 11/26/2013  8:37 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Rare dates and key coins are keepers for sure. Myself I am working on a Low ball Silver Dollar set from 1935 1967. The criteria is Good or worse No damage. This is way tougher than an MS 63 set! Need a 1946, 1947 Pointed, 1948, and a 1951. Only taken 35 years to get this far!
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 11/26/2013  8:41 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

So called "low-ball" collecting is popular in the US, where collectors deliberately try to find the LOWEST grade circulated examples.

It doesn't seem to be relevant in Canada.

But, if a AG3 1921 50c ever showed up, I would expect the bidding to be spirited. :)

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pocket change 50's Avatar
Canada
1751 Posts
 Posted 11/26/2013  9:35 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
Anyone game for starting a low ball thread I'd enjoy seeing some of these coins. Maybe I have some and don't know it. I hope someone takes up my suggestion.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 11/26/2013  9:43 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
A coin is a coin no matter what grade, I'm with keep.
Valued Member
Canada
55 Posts
 Posted 11/26/2013  10:41 pm  Show Profile   Bookmark this reply Add Josh1459 to your friends list Get a Link to this Reply
Definitely keep!
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Alex A's Avatar
710 Posts
 Posted 11/27/2013  09:13 am  Show Profile   Bookmark this reply Add Alex A to your friends list Get a Link to this Reply
All are keepers, until you decide to upgrade later
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kuh_85's Avatar
Canada
2366 Posts
 Posted 11/27/2013  09:33 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Check this price list http://www.coinsandcanada.com/coins...ts-1902-1910 It goes lower than VG8.
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Osiris's Avatar
Canada
118 Posts
 Posted 11/28/2013  3:51 pm  Show Profile   Bookmark this reply Add Osiris to your friends list Get a Link to this Reply
glenzy1: The question was not what should I do. The question was whether or not the community generally places any value on such coins from a collector's standpoint.

kuh_85: I see the 1902-10 quarters have tabulated values, but if you check from 1911 onward, they generally are omitted with few exceptions.

I prefer the best examples I can afford, so these coins would generally be off my grid. It does appear that most people would value at least the low circulation, higher value coins in G4 condition as being worth more than melt value.
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