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1961 Proof-Like Sets

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Canada
64 Posts
 Posted 11/02/2014  5:02 pm Show Profile   Bookmark this topic Add GRcoins to your friends list Get a Link to this Message Number of Subscribers
Hi All

I have a few 1961 coin sets in plastic which I presume are proof-like sets and am wondering if they are. If they are proof-like, what would they be worth? Some of the plastic is wearing especially near the edges of the coins and some of the coins have a bit of discolouring on them.

Also I wonder exactly what the shoulder fold on the queen is! Is it the line near her back or the shoulder straps or something else?

And I also have quite a few 1961 dollars in cellophane envelopes - I thought they were sealed, but today I see that they're not. I thought they were also proof-like, but my photos suggest they've been dinged up a bit. They also are a bit discoloured in places. Would these be circulated coins?

Thanks for your help!

GRcoins



1961-Proof-Like-Sets

1961-Proof-Like-Sets

1961-Proof-Like-Sets

1961-Proof-Like-Sets
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Canada
9862 Posts
 Posted 11/02/2014  7:26 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
That is a prooflike set, would bring about $45 on ebay.
The dollar is also PL $20-$25.
The shoulder fold refers to the shoulder straps and is of no significance for 1961 coins.
"Dipping" is not considered cleaning...
-from PCGS website
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john517's Avatar
Canada
286 Posts
 Posted 11/02/2014  7:29 pm  Show Profile   Bookmark this reply Add john517 to your friends list Get a Link to this Reply
1. These sets sell within the range of $25.00 - $40.00 depends how badly someone wants it.

2. The easiest way to know if you have NSF or SF is "DEI" on the obverse. If the "I" has a more pronounced shoulder on the bottom then the top you have a SF dollar if it is about equal you have a NSF dollar. Also on the dollar if there is a pronounced flare under the bust of the queen where you see "M.G" you have a NSF dollar.

3. These sound like business strike coins meant for circulation, whether they are circulated or not I would only be able to tell with pictures.
Valued Member
Canada
64 Posts
 Posted 11/02/2014  9:09 pm  Show Profile   Bookmark this reply Add GRcoins to your friends list Get a Link to this Reply
Thanks for the info! I've been wondering whether the shoulder fold meant the shoulder strap for a while and noticed quite a few possible locations for the fold while looking at these dollars!

The bottom photo of the single coin is one of the separate dollars.

Here is another one. They are actually pretty shiny and the reddish colour on the side is the reflection of my finger on the camera.

Are these dollars known for doubled letters? I thought I noticed some, especially on the C in Canada, but that might be reflection as well.

I've also attached a photo of a third dollar. It's a bit too dark for good photos, but I wondered about the weird light streak behind the queen. It seems to be under the tarnish.

Thanks for your help!

GRcoins



1961-Proof-Like-Sets

1961-Proof-Like-Sets

1961-Proof-Like-Sets

1961-Proof-Like-Sets
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john517's Avatar
Canada
286 Posts
 Posted 11/02/2014  9:47 pm  Show Profile   Bookmark this reply Add john517 to your friends list Get a Link to this Reply
Both of these appear to be proof like coins, because the legend and bust are more prominent than the field of the coin they have a cameo like effect to them. These are surely un-circulated with a grade higher than MS60, I never grade a coin higher than that because I don't believe I am qualified.

About the streak, it is nothing significant I can't say for certain what it is but it could be tarnish or a moisture mark. I see this most often on coins that were sealed in plastic mint packaging that has been compromised.
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Canada
9862 Posts
 Posted 11/02/2014  9:52 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Those are PL dollars. PL dollars were available from the mint in 1961 in cellophane packaging.
NSF obverse dollars are found only in 1953.
PL dollars are not graded MSanything they have their own nomenclature, PL64 PL65 etc.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
11/02/2014 9:55 pm
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john517's Avatar
Canada
286 Posts
 Posted 11/02/2014  10:12 pm  Show Profile   Bookmark this reply Add john517 to your friends list Get a Link to this Reply
I concur with everything DBM has mentioned in his post and appreciate the correction. I wanted to help the OP learn how to differentiate NSF from SF but as DBM expressed 1953 is the only date recognized.
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Canada
1984 Posts
 Posted 11/02/2014  10:23 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
1961 sets are the first year in the pliofilm and are much lower mintage than later years. I bet you will do a lot better than $25 on ebay. I think you will get $50.
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chadcoins's Avatar
Canada
1159 Posts
 Posted 11/03/2014  12:27 am  Show Profile   Bookmark this reply Add chadcoins to your friends list Get a Link to this Reply
1961 / 1962 and 1963 PL Sets have the Arrow Head dollar variety. The 1961 Is the rarest.
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Vancouver IslandCoinKid's Avatar
Canada
1074 Posts
 Posted 11/03/2014  11:33 am  Show Profile   Bookmark this reply Add Vancouver IslandCoinKid to your friends list Get a Link to this Reply
i sure don't find many of these sets. they are very hard to find. nice set!
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 Posted 11/03/2014  12:23 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
I wouldn't pay anymore than melt value for these sets. There is no shortage of these sets in dealer's inventory and a quick search of ebay yields 8 auctions for 1961 PL sets. Any high quality cameo coins would have been cherry picked YEARS ago and have ended up in ICCS flips.
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Canada
64 Posts
 Posted 11/03/2014  1:58 pm  Show Profile   Bookmark this reply Add GRcoins to your friends list Get a Link to this Reply
Thanks everyone for the info!

I was asking about the location of the shoulder fold in general and understood you both to be replying in general, rather than suggesting that this feature was important to this type of coin - so many thanks for enlightening me on this subject!

I have 5 sets and 8 individual dollars in cellophane, all of which have been stored away since 1961. I checked them all for the arrow head this morning and unfortunately didn't find any!

GRcoins
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canadtech's Avatar
Canada
84 Posts
 Posted 11/16/2014  6:08 pm  Show Profile   Bookmark this reply Add canadtech to your friends list Get a Link to this Reply
how does one identify the ArrowHead variety ?
i can't seem to find out so far.
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JimmyD's Avatar
Canada
21595 Posts
 Posted 11/17/2014  08:41 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
A single or double "Arrow Head" is a die clash that are situated
behind the shoulder or neck of the native at the front of the canoe. They appear as 1 or 2 thin diagonal lines.
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DEVLEC's Avatar
Canada
3234 Posts
 Posted 11/17/2014  09:24 am  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
Has anyone here seen a listing or value applied to an Arrowhead variety from 61,62..or 63? or even in MS and not PL.?
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JimmyD's Avatar
Canada
21595 Posts
 Posted 11/17/2014  11:38 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
There is not too much more value for an arrow head. The book price for all 3 years in MS63 grade is $45.00
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