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 Replies: 10 / Views: 3,202 |
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Valued Member
Canada
121 Posts |
I'm told that this coin is quite rare so I thought I would share. Apologies in advance as the picture quality isn't the greatest.   |
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Pillar of the Community
 Canada
5394 Posts |
And it Rare because ? fifty dollar coin Canadian retail in Good.
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Valued Member
 Canada
121 Posts |
Because of the low mintage of 10,000
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Pillar of the Community
Canada
5417 Posts |
I agree, it may be a scarce coin in general. But in this condition and in relation to other Newfie coins which have mintages of 2,000 (1946-C) and the almighty 1873-H this is a fairly common coin. Maybe this would be rare if it was EF but otherwise not really. Sorry but still a nice coin  |
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Pillar of the Community
Canada
1700 Posts |
Yeah, the mintage is quite low, but given the condition, a large fraction of the coins of that time is probably at the grade.
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Pillar of the Community
 Canada
9864 Posts |
About one a month usually sell on ebay. At that rate it's not rare. Mintage figures and rarity do not always go hand in hand. That's why there is a topic here recently about survival rates. Survival rate and rarity do go hand in hand. "Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
5417 Posts |
Quote:About one a month usually sell on ebay. At that rate it's not rare. Mintage figures and rarity do not always go hand in hand. That's why there is a topic here recently about survival rates. Survival rate and rarity do go hand in hand. DBM is right. Canadian Mintages tend to be pretty low even when compared to US coins. Even the highest classic coin mintages for the Canadian coins do not exceed 1-3 Million. While US coins generally tend to go into the tens of millions. It's really about supply and demand. Demand for Newfie coins is even lower than that for Canadian coins so even while some of them are pretty scarce their prices don't compare. It's unfortunate though because there isn't enough backing or initiative to compile proper survival rates for Canadian Coins. |
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Valued Member
Canada
121 Posts |
Now I feel kind of foolish! Lol... Maybe I should have asked the question "Is this a rare coin?"
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Bedrock of the Community
Canada
10743 Posts |
Quote:
Now I feel kind of foolish! Never feel foolish for asking questions about your coins lenver. That's the way we all learn, I have picked up one of these in the last month or so so they can be bought on ebay quite often in this condition. BTW.. Welcome to CCF  |
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Moderator
Canada
10458 Posts |
The only thing rarer than some NFLD coins, are NFLD coin collectors...
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
5394 Posts |
Even rarer are Newfoundland coin dealers to sell to the Newfoundland collectors !! LOL!!
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Replies: 10 / Views: 3,202 |
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Posted 09/23/2014 9:22 pm
