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Thoughts On 1967 $20 Gold Coin

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aghawk's Avatar
Canada
343 Posts
 Posted 09/28/2015  7:50 pm Show Profile   Bookmark this topic Add aghawk to your friends list Get a Link to this Message Number of Subscribers
I like these coins and as I understand it they often get turned in for melt value and unless rescued end up at the melters. Anyone have thoughts on if enough of these have been melted and is there a chance that down the road the coin will pick up some numismatic value?

Thanks - my 1st official day on the forum
Pillar of the Community
Canada
867 Posts
 Posted 09/28/2015  8:14 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
Too many minted, not all with cameos. If you have a nice Ultra Cameo, or a SP67 or higher, then maybe.....So not all of these 1967 $20 were 'created' equally but remain one of Canada's nicest looking coins.
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 09/28/2015  9:48 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
By far this is one of the nicest gold coins Canada has put out in my opinion. As stated earlier an ultra cameo would be a bit of a "sleeper" right now... but just the regular coin... nadda.

But if the price was right I don't think I would ever turn one of these coins down.. they're just too nice!

By the way.. welcome to the forum!
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 09/28/2015  10:28 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

Rather uninspired really. A 50c piece in gold. Why wasn't there another Colville on that?
Valued Member
aghawk's Avatar
Canada
343 Posts
 Posted 09/28/2015  10:30 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Thanks! I have one that I have been told is a heavy cameo - but comparing to another I can't see a huge difference, which I attribute to my lack of knowledge on what exactly to look for.
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 09/28/2015  11:18 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
On the left of this web site there's a tool bar... great information can be found there including this in the glossary:


Quote:
Cameo
The term applied to coins, usually Proofs and prooflike coins, that have frosted devices and lettering that contrast with the fields. When this is deep the coins are said to be "black and white" cameos. Occasionally frosty coins have "cameo" devices though they obviously do not contrast as dramatically with the fields as the cameo devices of Proofs do. Specifically applied by PCGS to those 1950 and later Proofs that meet cameo standards (CAM).
Pillar of the Community
Canada
867 Posts
 Posted 09/28/2015  11:28 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply


Thoughts-On-1967-$20-Gold-Coin

Thoughts-On-1967-$20-Gold-Coin
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sel_69l's Avatar
Australia
21786 Posts
 Posted 09/28/2015  11:56 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Handsome looking coin, but they made too many.
Valued Member
aghawk's Avatar
Canada
343 Posts
 Posted 09/29/2015  09:43 am  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Perhaps. Spoke with a fellow at a coin show - his opinion was that about half of these coins have gone in to melters over the years . . . I guess we'll never know for sure.
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DEVLEC's Avatar
Canada
3234 Posts
 Posted 09/29/2015  5:10 pm  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
Remember that for $35 the whole set in that nice white satin and black leather box was mailed to us(me)way back then.
Mine was dropped off by Canada Post and placed between the screen door and the main door because no one was there..

I still sent a few of them to melt for ~$750 or $850 a pop when the gold price recently went crazy..

..also,..I had not seen or joined this wonderful CCF site at that time..and as perfect as they were and heavy cameos galore,..no dealer was offering more than melt..
Valued Member
aghawk's Avatar
Canada
343 Posts
 Posted 09/29/2015  11:43 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Just snagged one of these at an auction tonight(online) - not in hand yet so don't know how clean it is - get it for less than melt :)
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 09/30/2015  12:35 am  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
give us the link!... I'm excited for ya!
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unruhjonny's Avatar
Canada
514 Posts
 Posted 10/02/2015  12:46 pm  Show Profile   Bookmark this reply Add unruhjonny to your friends list Get a Link to this Reply
I would like to buy one of these to re-complete the set I have ~ but so far I can't justify the expense...
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aghawk's Avatar
Canada
343 Posts
 Posted 10/02/2015  7:39 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Was thinking about posting an image of the coin I got but realized that the way I light it very much affects how it looks. I would say it may have a slight bit of heavy cameo - unforetuantly there are some fine scratches as well. Looks like the previous owner did not handle the coin with the best of care. Not that I mind too much at the price I picked it up at.
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1cent's Avatar
Canada
1051 Posts
 Posted 10/04/2015  4:39 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
It's a bullion coin not a numismatic coin. I just about bought one for ~$900 that was ICCS SP-67 ultra heavy cameo, but in the end I couldn't justify the premium. I probably should have bought it, since melt is about $791 CAD on these at the moment.
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Libertad's Avatar
Canada
3692 Posts
 Posted 10/04/2015  5:40 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
"Uninspired" or not, this coin design had ought to be more prevalent. Ditch the monarch and return to the Canadian coat of arms as the obverse. I think it looks elegant and official-looking this way.
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