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Replies: 22 / Views: 3,483 |
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Valued Member
Canada
320 Posts |
Hey Everybody, I have a catalog here from J.E Charlton from 1960. It's very amusing to see how the prices have advanced. I figured most of you have often wondered what a coin would be worth 50 years ago. Such as in 1960 a 1948 Dollar was worth $75 in UNC. A 1921 nickel was worth $200 in VG and up to $700 in UNC. If you have a coin that you want to know more about in terms of value, let me know, il look it up. I can also tell you how Coins have progressed over the years, I have most dates from 1960 up to the 90s.    Please keep it limited to 1 coin at a time per person
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Pillar of the Community
Canada
1505 Posts |
That is interesting a 1891 SDSL AU50 would have been around $90, I wonder if that is obv 2 or 3? That is not too far off what I just paid for an obv 2.
I would like to know what a 1914 $5 gold was worth,thank you for bringing this up.
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Valued Member
 Canada
320 Posts |
The 1914 $5 had some decent value even back in 1960. See picture. 
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Pillar of the Community
Canada
849 Posts |
Sure - curious about the 1948 fifty cent piece in various conditions.
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Valued Member
 Canada
320 Posts |
Hehehe you could buy them as cheap as $2 each and up to a max of $20 in UNC lol. 
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Pillar of the Community
Canada
2845 Posts |
Interesting but those prices were certainly not cheap in 1960 dollars. It's like comparing apples with oranges. What was the average wage.......and also consider that most households were supported by one wage earner, with more children than is typical in today's families.
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Pillar of the Community
Canada
1751 Posts |
Its so cool to see the prices on the different pages, or a $5 gold 1912 gold coin go for $25. Yes prices were so different back then. I wonder what the average house cost back then. I remember 5 cent chocolate bars and 10 cent pop in 1968. Come to think of it, I seldom seen a fifty cent or dollar coin. I had relatives that would show us kids. I was 20 in 1982 and I never saw the constitution coin in circulation. where were nickel dollars hiding.
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Pillar of the Community
 Canada
5394 Posts |
Consider this as far as prices , In 1966 our family lived on Vancouver Island and lived in a three bedroom house in a decent part of the city for 90 dollars a month electricity included. A new car was three thousand or so . My father worked in construction and made just over four dollars an hour which was a good wage at the time . Gas was 40 cents a gallon imperial.Also minimum wage was less than a dollar an hour. I would say it is probably cheaper to collect today. Another thing grading standards were way different back in the day. What would go for uncirculated back then was all over the map and today would be AU at best. There were no grading companies and standards were quite liberal in their interpretation. Whizzing and polishing were very prevalent. Gold coins were mentioned above . In the sixties you could acquire numerous sovereigns and world gold coins for bullion prices including US 20 dollar Saints at 42 dollars each delivered to your local branch of the Bank of Nova Scotia, which had a huge gold depository in Toronto.
Edited by Pacificoin 01/16/2016 12:13 am
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Pillar of the Community
Canada
2845 Posts |
In 1962 my parents bought a newly built house, plumbing, hardwood floors, it was a big deal. The price was $12,000. Average annual total household income at the time was about $18,000 per year, what was called "baby bonus" cheques (prior to child tax credits) from the govt monthly per each child $6.00. The reason gold coins were cheap was because gold prices were low. Heck silver as well, that's why our coins were still being minted from that. But for the typical familiar it didn't matter because most had just enough money to get by.
As Pacificoin mentioned, I also think families were much poorer back then. Eating out was a big occasion, a lot of kids clothing was made by sewing machine, one Christmas gift was the norm, appliances lasted much longer, things were fixed instead of being tossed....
Edited by wildflowerAB 01/16/2016 12:16 am
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Valued Member
Canada
118 Posts |
In 1955 my parents bought a large lot in West Vancouver for $2,000 and paid $10,000 to build a new house on the property. They could only afford it with a veteran's loan.
Remember that gold was held to a standard price of $32 per ounce at that time, when government currency was linked to gold reserves.
I also agree it is likely more affordable now than it was then to collect coins.
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Pillar of the Community
 Canada
5394 Posts |
@ Wildflower and remember before SPP chimes in................ I walked to school uphill both ways barefoot!! 
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Pillar of the Community
Canada
2845 Posts |
 Yeah, no kidding. Barefoot, plus that was in the snow too! In fact if I recall correctly sometimes instead of walking we slid uphill on a toboggan, both ways.
Edited by wildflowerAB 01/16/2016 12:29 am
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Valued Member
Canada
118 Posts |
Not sure what you're getting at? Or do you have to be part of the old boys club here?
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Pillar of the Community
Canada
2845 Posts |
Osiris you might not have noticed it mentioned on this forum although it is from time to time, but it's otherwise a fairly common saying meant to take joking that others make toward those of us who are older, when we talk about past times.
No old boys club, in fact I'm a female:-)
Edited by wildflowerAB 01/16/2016 12:39 am
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Pillar of the Community
 Canada
5394 Posts |
Another point to remember that 1960 was just about at the start of the bag and roll craze in both Canada And the US. Coin collecting was just becoming popular for the masses , especially in Canada where very few collected before this time. Even in the end period of silver in the late sixties, you get an incredible amount of better coins for FACE. I had a morning and an afternoon paper route and received many fifty cent coins on collection, and a lot of customers would tip silver dollars during the year. In 1966 I was able to acquire every fifty cents from 1900 to 1966 for face except 1921 and 1947 Curved Maple. Sure some were not nice but they cost face! With dollars if you had a friendly teller at a bank the only ones you would ever pay for were 1945,1947 or 1948. The rest were all out there for a buck. The persistent roll hunter could get all the key cents and nickels without ever paying over face.
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Pillar of the Community
Canada
2845 Posts |
I don't recall many $1 or 50c pieces in general circulation in the 60s, but maybe that was because getting a dime or quarter to spend was a lot of money for a kid. In the 70s my first job was a bank teller, where I worked banks were supplied with them but were given in change only if customers asked. The $1 note was probably preferred because it was less bulky. Interesting the $2 note though, to some that was bad luck. I don't think I ever heard why.
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Replies: 22 / Views: 3,483 |