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 Replies: 18 / Views: 6,614 |
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Valued Member
Canada
287 Posts |
How rare is a 2005P non magnetic 1 cent? Charlton has them listed in the 2016 Volume 1 at $150.00 in MS-66 Red. In Volume 2 they have the BU set valued at $2,500.00. Coins and Canada have the coin listed at $2,000.00 in MS-65.   Edited by parkay
12/31/2015 3:42 pm
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Pillar of the Community
United States
4963 Posts |
I believe these can be fairly expensive, but I don't know much about the rarity. I'll have to check my Canadian change.
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Pillar of the Community
Canada
5324 Posts |
It's not really rare, a dealer suppose to have a whack of them.
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Valued Member
Canada
320 Posts |
I have seen many go up for auction. They bring less and less each time. Still a fairly new discovery, their interest is fading. In a couple years, the market will level out and it will be a 4-500 coin
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Pillar of the Community
Canada
2845 Posts |
Congratulations on your find parkay --- What a great way to end the year and begin another!
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Pillar of the Community
Canada
5324 Posts |
If you are not going to keep it, get it graded soon and sell it, there are rumours of many of these coins.
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Pillar of the Community
Canada
2426 Posts |
There has to be at least 300 to 400 of them graded by now.
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Valued Member
 Canada
287 Posts |
Thanks everyone for their input, I guess I didn't hit the motherload this time.
Happy New Year to everyone
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Pillar of the Community
Canada
5324 Posts |
Depending on grade you still could get around 1000.00 to 2500.00
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Valued Member
Canada
287 Posts |
Yes I think I will keep it for now, probably go down in value as more are found but it is nice to have.
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Pillar of the Community
United States
4963 Posts |
No matter how much I liked it, I would not turn down the extra money that could be had by selling sooner rather than later. It's your decision, but with that money you could get some pretty nice coins.
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Valued Member
Canada
287 Posts |
Yes Numisma I know what you mean. I never have been an error or variety collector (major varieties only) and would be nice to have 1948 SD to complete that collection. I have never sold coins before and am a little nervous about sending it in mail for grading or selling.
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Pillar of the Community
United States
4963 Posts |
Quote:
Yes Numisma I know what you mean. I never have been an error or variety collector (major varieties only) and would be nice to have 1948 SD to complete that collection. I have never sold coins before and am a little nervous about sending it in mail for grading or selling. I've been there. I'm sure you can get some good advice here if you decide to sell. Make sure you have it graded first, though. Edited by Numisma
01/02/2016 4:32 pm
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Pillar of the Community
Canada
1463 Posts |
I never understood why these would fetch anything beyond the value of an off metal/foreign planchet error, especially since a foreign planchet is a lot more dramatic to the eye. I don't want to have to pull out a magnet to figure out why I dropped 5000$. Much rather a nickel struck on penny blank, or visa versa.
Edited by Alan
01/02/2016 4:33 pm
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Pillar of the Community
Canada
5324 Posts |
The Home Shopping guys would not be selling ms 66 for around 2700,00 if my memory is correct, more being found the lower it's value, if you have little love for this type of coin go to a large coin show and trade it with a dealer for the 48 dollar that you like. It's my opinion that this variety will keep dropping in value as time goes.
Edited by john100
01/02/2016 4:36 pm
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Pillar of the Community
Canada
1005 Posts |
Edited by Bm0ney
01/02/2016 5:24 pm
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Replies: 18 / Views: 6,614 |
Posted 12/31/2015 5:55 pm
