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Canadian Coin Collection Thinking Of Selling It All

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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 02/18/2014  6:58 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
Tripoli...the 'crest' of the Canadian market was definitely between 2004 to 2006.

After the Financial Crisis hit (the Fall of 2008) the Canadian market dropped off a cliff.

Coincidentally, Bob Armstrong officially retired about an hour away from the Financial crisis (talk about perfect timing!!).
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persistnt's Avatar
Canada
726 Posts
 Posted 02/18/2014  7:01 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
and thanks for the info,on moores,,all points I think are correct........Ca mint has gone Ag crazy
Edited by persistnt
02/18/2014 7:03 pm
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 02/18/2014  7:23 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
Tom Becker used to say, "The best time to sell any coin in your collection, is the day before you bought it"
"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 Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

My eBay store
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persistnt's Avatar
Canada
726 Posts
 Posted 02/18/2014  7:56 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
Espcially if its for a profit........
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artdio's Avatar
1844 Posts
 Posted 02/18/2014  8:39 pm  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
@ Silverwolf, No they changed all the system again .just lots of bureaucratic mumbo jumbo..They pick and choose you can stay or not...
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 02/18/2014  10:57 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
"and thanks for the info,on moores,,all points I think are correct........Ca mint has gone Ag crazy"


Ummm.. there's nothing wrong with being Ag crazy... them is close to fight'n words!
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persistnt's Avatar
Canada
726 Posts
 Posted 02/19/2014  1:10 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
Good post, I know yu have it in your monacher (Ag)....I say its okay as long as they are Au .....Me I can't afford gold or silver---good thing I like tokens.......bad is I enjoy any coin gold and silver included...... basting my head for yu (For my commment)..
Edited by persistnt
02/19/2014 1:12 pm
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persistnt's Avatar
Canada
726 Posts
 Posted 02/19/2014  1:30 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
I found another way to make up for my fauxpaus ....I will read about US Silver dollars and Morgans by researching the "Redfield Hoard"......Yu know the crazey Potatoe farmer ....
Edited by persistnt
02/19/2014 1:31 pm
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kuh_85's Avatar
Canada
2366 Posts
 Posted 02/19/2014  2:53 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Very sorry to hear of your predicament and the choices you are being forced to make
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kbbpll's Avatar
United States
4233 Posts
 Posted 02/19/2014  4:04 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
I sent you PM. When I read something like this I interject my own personality and read between the lines - if it were me, part of it would be anger at my own country, and wanting to dump their stupid currency. My wife is from Thailand and we jumped through all these hoops in the US; ten years later now we have two kids and waiting 6 months for renewed green card... all I'm saying is, been there, and I feel for you. Hopefully this is not a rash decision and maybe if you let it settle for a bit you'll change your mind. Hope everything works out for the best; I've really enjoyed your posts and coins!
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 02/19/2014  4:34 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Persistnt.. It's all good... I was just kidding...but I will argue one point you made.. you said you can't afford silver or gold.. but my argument would be that you can't afford NOT to...

Like anything ... if you want it you can find a means and a way... if you're seriously interested send me a PM and I'll tell you how I got started..
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torgemco's Avatar
Canada
1046 Posts
 Posted 03/11/2014  8:13 pm  Show Profile   Bookmark this reply Add torgemco to your friends list Get a Link to this Reply
trust things are looking up
for you and yours
artdio
best
Pillar of the Community
Canada
1461 Posts
 Posted 03/12/2014  8:09 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
Artdio, I would have to agree with AGCoinAu. A good auction house (either Heritage or one of the larger Canadian show auctions) would often yield better results as a "whole" than a dealer. There are some exceptions to that rule, at times be it Sean (mentioned here), Lise R in Montreal or any other dealer (oh wait I'm one too) that may have specific clients looking for specific things in which case pricing can get attractive for you. As everyone says, the market is pretty tough right now and even tougher for more expensive coins. Some dealers have fallen to around 40% and less on the buy side for common stock Canadian coinage, better on the more rare stuff. Start with a solid inventory that's presentable to auction houses/dealers/buyers. Ultimately go with who and what you're comfortable with. Last but not least and saying all that, I wouldn't be selling everything right now. My Two Cents worth.
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