Flipping A Coin From The Victoria North Collection

AG that is the coin dealer disease known as "lacka fundus" . A very common affliction among coin dealers who get caught up in the other sickness commonly known as "Auction Fever" This is a rather frequent occurrence when one bites off way more than they can chew.
I can guarantee you that there will be a lot of people very surprised that they cannot sell the Landon and Victoria North stuff for a big profit in the current market. A patient coin dealer ( with fairly deep pockets) will do well over the long term a coin dealer who had to borrow for this sale ( and there were more than a few! ) ummm..............help the bank just called.!
It took me a long time to figure it out, but having fairly deep pockets does keep one out of trouble. I have sold a few of the lots I bought for a decent profit, others I will keep and admire for awhile. It is funny at sales like the February sale in Toronto, the very best lots are almost invariably the bulk lots or the less sexy lots! The super high end Canadian collector is just not answering the phone these days. As I have mentioned to you and on this forum that is why deal primarily in the US these days!

A little secret my friend.........there are many as yet ungraded rolls of Elizabeth young head out there, especially cents ,nickels and dimes. First everyone was looking for 65 coins and paying stupid money, then 66 for even stupider money, now it will take a 67 to get the right money. It is a tough business ,not for the faint of heart.
One reason I love classic tried and true early collector coins in collector grade, VF to EF Vicky, Edward and GRV.

I have never used Louie's grading service so I cannot really comment on CCCS. Only two coins in stock are GRV 25 cents 1917 and 1919 and both are nicely graded EF 45 .

I've had a few hundred CCCS graded coins pass through my hands (and we still have many in our collection). I find them equivalent to ICCS for grading. I've heard there were a few 'inconsistencies' back in the early days so I take a closer look at anything in the old holders but haven't found any problems myself. By comparison I've handled several thousand ICCS and have found maybe a dozen problems; most of which are just certificate typos of the denomination or date.

It was indeed easy to buy into the hype of the Landon Sale especially. To have a shot at coins that had never been offered to collectors and hidden away for nearly a hundred years is just too enticing. All of us who attended and bought stuff from the auction can always say we were a small part of Canadian Numismatic history. Indeed, no matter what Chuck Moore does in future, the Landon Sale will be for him a crowning achievement.

Me thinks that more than a few dealers bit off a bit more than they could chew. The market will eventually find a place for a lot of the uber high grade large cents but it could take awhile. CV is right the silver in the Landon sale was in essence a bargain compared to the copper. A BIG REASON for that was the fact it was close to early breakfast time when it came up for auction. The auction room was thinning out and a lot of dealers had shot their cash wad or bank limit . It is nice to know that the beauties I have locked away are all bought and paid for and can just sit until the right offer comes along. With no worries comes the luxury of no pressure.