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Replies: 21 / Views: 4,050 |
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Pillar of the Community
Canada
1505 Posts |
Please give your reasons, ignoring the double- etc. HPs, is it  : A Blunt 7 B Maple Leaf (ignore that this is actually a 1948) C Pointed 7 D Pointed 7 dot Please give your own explanation and reasons for your choice.
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Pillar of the Community
 Canada
9866 Posts |
I'll pick C. Only because you don't have a . at the end of your username.
"Dipping" is not considered cleaning... -from PCGS website
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Pillar of the Community
 Canada
5404 Posts |
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Pillar of the Community
1844 Posts |
 with Pacific the 47 dot
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Bedrock of the Community
Canada
21641 Posts |
47 Pointed Dot. Most valuable and scarce of all 47 varieties.
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Pillar of the Community
Canada
4911 Posts |
agreed
Feel free to call me Will.
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Pillar of the Community
 Canada
1505 Posts |
Totally agree with the Dot. But the big question is this: If it is that scarce, why does it go for roughly half the price of a equal grade 48? appears the 48s are much overrated? and the ML and P7s much underrated? any opinions on this?
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Bedrock of the Community
Canada
21641 Posts |
This is only my theory and I may be all wet.  On the high end 47 dot & 48 dollars(MS62,63,64)according to Charlton, the prices are about the same. But you are right on the circulated dollars, 48's are about double the value. There were more than 86,000 all types of 47,s minted compared to 19,000 48's. Collectors wishing to have one of each in his album would buy a lower priced 47 & maybe a 47 ML before buying a 47 dot. A collector would still have to pay a higher price for a 48 to put in his album due to low mintage. So the demand is not there, except for someone looking for all varieties) which keeps the price down. As I said, this is my theory only and would like to see other opinions.
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Pillar of the Community
 Canada
2360 Posts |
Managed to fill in my 1947 today with a reasonably priced 1947 Canada Silver $1 Blunt 7 variety in VF-EF (VF-30) condition (Cleaned) on sale at CA, am so excited I'm about to scream, placed the order and got confirmation, just the '45 and '48 to go. I think your correct Jimmy D, I buy the deals to fill in key dates usually slightly impaired coins ('38, '46, '56), get MS's and PL's of the common dates. Whatever I can afford. Forty Seven Woohoo.
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Pillar of the Community
 Canada
1505 Posts |
SilverDon, there are quit a number of 47 varieties....try and find them at a good price.. it will eventually pay for itself. good luck
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Pillar of the Community
 Canada
9866 Posts |
Quote: But the big question is this: If it is that scarce, why does it go for roughly half the price of a equal grade 48? Simply because it's not a requirement for a date set. Supply and demand.
"Dipping" is not considered cleaning... -from PCGS website
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Pillar of the Community
 Canada
2360 Posts |
Thanks for the advice 47P7, much appreciated, my sense is that I am out of the market now for 1947 varieties with this purchase, box checked, same as when I filled the 1965, with all of the varieties there, now looking for an inexpensive 1945, will let the big players sort out the 47 Pointed 7 Dots and MLs. Once I get an example of all dates, then I may go after some of the varieties. So DBM, my demand/wish list does not include the more rare varieties, at this time, but a fella can look, and drool.
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Pillar of the Community
Canada
3234 Posts |
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Pillar of the Community
United States
1285 Posts |
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Pillar of the Community
Canada
3234 Posts |
Maybe some reverse Die Deterioration, but still a great and very tough silver dollar to find in that grade.. Choice 47 ML's are tough to find..
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Pillar of the Community
Canada
849 Posts |
I have a Forty-Seven Point, Blunt, and Maple Leaf. I am not enough into varieties to get the Dot but you never know. One might come up at a price I like and I might get it. But at the moment I am not actively pursuing it.
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Replies: 21 / Views: 4,050 |