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 Replies: 12 / Views: 2,197 |
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Pillar of the Community
United States
4233 Posts |
I was browsing around ebay and saw that a single seller has fourteen 1948 dollars for sale, all MS ranging from 60 to 64, all ICCS or PCSG. It struck me as interesting or unusual, but not in a suspicious way. I guess astounding is more the word, that someone would have so many of this year. Granted, the seller has 580 total coins for sale, most of them dollars, including a large number of 1945s, 1947ML, etc. Also seems like flooding the market to me, and all the 48s are BIN/best offer priced above trend. Well, I'm not sure what there is to discuss, just an observation. |
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Valued Member
Canada
299 Posts |
I've seen the listing too. I still need a 1948 MS dollar (have a VF30 atm), but with all the 1948 listings I just can't do it! There seems like too many to support the price.
I have bought from this seller before and a reasonable offer seems to work.
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Pillar of the Community
Canada
972 Posts |
It is interesting that the seller has ONLY 14, and there all MS60 and better. Seller is in the same city as me and I have bought several coins from him in the past. There all certified and I can assure you there legit. His prices seem high but you can always make a offer and see where it goes.  |
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Pillar of the Community
 United States
4233 Posts |
I was in no way questioning the legitimacy, just to be clear. It just made my jaw drop a bit. A single individual has almost one-tenth percent of the entire mintage. But I gather from your post that it's not that unusual. Fair enough.
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Pillar of the Community
Canada
5324 Posts |
There was 18000 or so 48 dollars minted, your percentage figures are a little off. Easier to make a profit on graded key dates coins.
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Pillar of the Community
Canada
972 Posts |
I agree it is unusual for one seller to list so many at one time. Maybe he is selling his stock off or lists several so the customer can pick the one they like best. It is interesting to see how many of the key date coins some sellers have. It dose make your jaw drop.  Edited by wireman09
03/04/2014 2:03 pm
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Pillar of the Community
Canada
1980 Posts |
aww man! now that makes me want another one
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Pillar of the Community
Canada
1554 Posts |
 Ironically when I came across this thread, I had just recently bought and paid for a silver dollar I purchased from this seller. I questioned him about his passion for silver dollars. He stated he has been Collection for many years and specialized in dollars with emphasis on the 1940's. This is the coin I bought from him, see E-bay # 380852196228 Glenn |
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Pillar of the Community
United States
840 Posts |
The 1948 Silver dollar is pricy -- not rare.
If you had the money you could buy 20 of them today.
By comparison, try to find a 1858 8/5 TEN CENT piece.
They are comparably priced. But today, popularity
overrides rarity.
doug
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Valued Member
United States
467 Posts |
The 1948 dollar is the Canadian equivalent to the U. S. 1909-S VDB cent. There is no reason for either of them to command the money that they do, but they still both cost a tidy sum.
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Pillar of the Community
Canada
5324 Posts |
Nothing like having the markets determine the true value of a coin, in the last 3 months 3 high grade 1921 50 cents were on the market.
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Pillar of the Community
Canada
867 Posts |
EVery dealer will have a 1948 dollar in their inventory, but try finding a nice quality 1938,1946 or 1945!
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Pillar of the Community
Canada
1751 Posts |
Brian's a great guy, I just recently both a graded 2008 special edition silver dollar. I asked prior to making an offer, he dropped the price by over 30%. I got a graded coin for $80, while Colonial Acres want $200 for a raw one. I never would of dared to make such a low ball offer, or even have it accepted. He is truly ease to deal with! He made a few special accommodations for me, including waiting for payment. He's an all round great seller, I just have trouble going through such an enormous selection!!
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Replies: 12 / Views: 2,197 |
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Posted 03/04/2014 10:58 am
