Bill Reid Haida Gwaii Coin - Coin Community Forum

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Author	Replies: 10 / Views: 2,519
ace_ftw Pillar of the Community Canada 1747 Posts	Posted 02/05/2015 8:23 pm Hey, not sure if anyone saw this, but one is up for auction in vancouver Able auctions has a native art auction later this month, what do you think it goes for? Issue price or higher? Report this Post to the Staff

Northerncoins Pillar of the Community Canada 2019 Posts	Posted 02/05/2015 8:39 pm What is it? Report this Post to the Staff
Dcadon Rest in Peace Canada 1360 Posts	Posted 02/05/2015 9:19 pm I think he's referring to the 10kg 99.999 Gold coin referenced here: http://www.windsorstar.com/Photos+k...3/story.html Report this Post to the Staff
justsilver Pillar of the Community Canada 640 Posts	Posted 02/05/2015 10:22 pm I think this is the coin that will go on the auction [/URL] Edited by justsilver 02/05/2015 10:24 pm Report this Post to the Staff
MoneyPenney Pillar of the Community Canada 2984 Posts	Posted 02/06/2015 04:19 am Justsilver is correct. It is the 5 KG Haida Gwaii coin that originally sold for $9999.95. The Haida Gwaii Sculpture is made by famous world renown BC aboriginal artist Bill Reid. There is two of them in existence. One is in the Canadian Embassy in Washington and the other one is at the Vancouver International Airport. If you are ever in Vancouver, you can see it in the International Departure Lounge of the Vancouver Airport. It will go for below issue price for sure. If you exam these estate auctions, items always go below expected prices. Last year there was a lot of press on Hulk no.1 comic sold by Able Auctions that was predicted to sell for $10,000. It eventually sold for $6500. There is around $3400 CDN value of silver in the coin, I can't see it going below the value of silver. I think it will sell for around $5000. Maximum $7000 but not close to issue price. Remember there is a commission fee for the Auctioneer of 17% and PST of 7% on top of that. So if you bid $8000 on it, the cost would be equivalent to the issue price. http://www.ableauctions.ca/flyer/?E...84EAE401C54E Edited by MoneyPenney 02/06/2015 07:38 am Report this Post to the Staff
SilverDon Pillar of the Community Canada 2360 Posts	Posted 02/06/2015 05:59 am Crazy that you would have to pay PST on a 9999 coin. I pay no HST, why PST. Seems to be a penalty for not harmonizing taxes. Harmonizing is such a nice word for taking money out of my pocket, but that is semantics. Report this Post to the Staff
ace_ftw Pillar of the Community Canada 1747 Posts	Posted 02/06/2015 11:18 am Its also the image on the $20 bill Report this Post to the Staff
darryldarryl Pillar of the Community Canada 2426 Posts	Posted 02/06/2015 2:24 pm I wanted to put the one at Vancouver Airport in my carry on bag last summer but the display was too large :) Report this Post to the Staff
MoneyPenney Pillar of the Community Canada 2984 Posts	Posted 02/15/2015 10:54 pm Someone has bid $7000 on it. http://bid.ableauctions.ca/5-KG-ROY...II_i21586369 The next bid need to be $8000. The increment of $1000 seem to be a bit high. Report this Post to the Staff
justsilver Pillar of the Community Canada 640 Posts	Posted 02/16/2015 04:30 am CAD$7000 + premium + tax I believe premium on this auction is 17% So $7000 bid = CAD$8,763 ( 17% premium + 7% tax for BC resident ) If auction ended with CAD$8,000, the final price will be $10,015 Report this Post to the Staff
Lostwords Pillar of the Community Canada 1528 Posts	Posted 02/16/2015 07:44 am it is a nice looking coin though Report this Post to the Staff
	Replies: 10 / Views: 2,519

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