| Author |
 Replies: 164 / Views: 33,400 |
|
|
|
Pillar of the Community
Canada
2495 Posts |
PacCoin...re: the Bank of Canada Gold hoard, yes, a great exciting purchase opportunity for the collector, but again as I said before, try selling an ms62 or an ms63 back to a dealer and all you'll hear from them is 'bullion value'.
47P7...I know all too well about profit margins as I've been buying and selling for a donkey's age. It's the willingness or even an offer from a dealer I'm referring to regarding the 1914 pieces. The dealers don't even want to touch them.
|
|
Pillar of the Community
Canada
2495 Posts |
As far as the Langdon Hoard goes....
Mainly Vicky and Edwards.
I hear the 'outstanding' pieces are mainly Copper.
ICCS has already graded them and I believe Chuck Moore has them and will be auctioning them off in the near future.
|
|
Moderator
 Canada
10456 Posts |
Quote:
Spp-Ott....try selling an MS 1914 5c back to a dealer. I have sold one to a dealer, recently. Remember though, that the dealer came to me, rather than me taking a coin to a dealer - there is always a big difference in price between the two... "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
|
|
Valued Member
 Canada
127 Posts |
"I hear the 'outstanding' pieces are mainly Copper."
Good to know. Thanks.
|
|
Pillar of the Community
Canada
5391 Posts |
One other thing if it is around a thousand coins and mainly Large cents, I highly doubt it could really alter the landscape of the coin market in Canada . If it did change the market drastically, then the Canadian market is even more THINLY traded then I thought. Still waiting for a published story on this one? Could someone post something tangible?
|
|
Pillar of the Community
Canada
2495 Posts |
PacCoin...it may influence high end prices since I hear alot of them are ms65 to ms66.
I don't think there's any worry from Good to ms64 prices.
This also could just be heresay, so he'll have to wait and see.
|
|
Valued Member
Canada
299 Posts |
Maybe I'll be able to finish an MS 1891 cents...afford-ably!
|
|
Pillar of the Community
 United States
1949 Posts |
If it is mostly copper, I agree, it will not cause a dramatic impact on the market, if it had been mostly quarters and halves, that would be an entirely different story...
|
|
Pillar of the Community
Canada
1984 Posts |
I suspect it won't alter the landscape quite that much either. The auctioneer no doubt wants to hype the sale as much as possible. This was his CCN cover story and this was probably his best shot to market the sale. If there were many truly amazing pieces, I think he would have highlighted them to the market (like was the case with the hoard of buried US gold some months ago). I suspect that, while this is no doubt a fascinating hoard of coins, there will be lots and lots of MS 60s and MS62s and a lot fewer MS65 rarities. Also, if he has thousands of amazing pieces to sell, don't you think he would have had a sale for this collection alone?
|
|
Pillar of the Community
Canada
3049 Posts |
After speaking with one person.. this is what I found out... There was a roll collector who died in the 1920's... This collection has since been in the family, but the "grandaughter" now wants to liquidate...
I don't have all the details but I think that the coins will be sold in lots... That's what I know so far.. I am confident that this auction will bring out some pretty big players who will want to stock their inventory.
|
|
Valued Member
Canada
127 Posts |
Pacificoin - There is a lead article on the Landon 'hoard' on first page of the most recent issue of CCN.
|
|
Pillar of the Community
Canada
5391 Posts |
The big players will want to stock their inventories for sure but at what levels ? Still no tangible news story in the coin world on this. All seems to rumours and speculation at this time?
|
|
Valued Member
Canada
127 Posts |
I suppose it is "all rumours and speculation" until we see what is in the collection.
|
|
Pillar of the Community
Canada
5391 Posts |
Thanks Pfrien, out here on the wet coast we get them later for whatever reason. Will certainly look forward to it ! JN
|
|
Pillar of the Community
Canada
3049 Posts |
|
| |
Replies: 164 / Views: 33,400 |
First Page
Posted 11/19/2014 1:00 pm
