| Author |
Replies: 9 / Views: 2,382 |
|
|
New Member
United States
4 Posts |
Hey coin collectors. I am going through my late father's things and ran across one of these 20 cents pieces. I am not a coin person, so I was wondering if I can get some advice about what to do with this sucker. Should I just put it on ebay and be done with it? I know that grading is important and that I should post photos, etc., but any general idea of how much I should be asking for it? I have variously read that it's rare, not so rare, a wanted item, an unwanted item, etc. So I am confused. Hope these questions are OK to ask in the context of this forum, thanks!
|
|
|
|
Pillar of the Community
Canada
2187 Posts |
Unfortunately, we will need pictures. The value will be based on its condition. An 1858 20 cent piece is the only 20 cent Canada made. You could probably get somewhere in the $30-40 in very bad condition, $100+ in average circulated, $250+ for a better one, etc... We will need pictures is all I can really say. I know people like the 1858 20 cent coin, so you shouldn't have a problem selling it on ebay
|
|
Pillar of the Community
Canada
1747 Posts |
|
|
Pillar of the Community
Canada
1505 Posts |
Ageed, these are an easy sell if priced appropriately.
Pictures will give us a good idea what you have in terms of grade. If looks dirty, do NOT CLEAN IT, this will destroy value.
|
|
New Member
 United States
4 Posts |
|
|
Pillar of the Community
Canada
2187 Posts |
Yours looks like a VG10 or F12. If you throw it into auction on ebay, you'll probably get somewhere between $60-90. If you sell it as a Buy it Now, it might sit there for a while, but eventually you might get someone pay $100 for it. Maybe a tad more, like $120 tops. Before you take my word for the price, I have to ask one question. Is the coin in coinage alignment or medal alignment? You said you weren't a coin person so I'll assume you don't know what that means. But if you hold the coin right side up by putting your thumb at the bottom of the coin and another finger at the top of the coin, spin the coin around to the other side. Is that side upside down or right side up?
|
|
New Member
 United States
4 Posts |
Upside down (coin orientation I presume)
|
|
Pillar of the Community
Canada
1505 Posts |
Estimates sound about right in my experience, I don't think you will have any problems selling it if that is what you want to do, but remember that those prices quoted above are in Canadian dollars. At the end of the day, it is not worth a huge amount of money and might be an interesting souvenir from your father.
Good luck with whatever you decided to do with the coin and thanks for sharing the picture. It is my favorite Canadian coin and always enjoy seeing more examples.
To answer a few of your question on conflicting answers you listed above. - The coin is estimated to have a little under 8000 remaining examples at most, a very convincing bit of research was made in terms of number coins melted, but it is not an official confirmed number. This means that coin in somewhat scarce in terms of numbers, but it is not hard to find in most grades and can easily be purchased, so I would not call it a "rare" coin - That being said, it is an easy sell because the coin is in demand and the prices are not extreme. Personally I think it is an undervalued coin, but the collector base is not large enough to really push demand like Victorian 50 cent pieces.
|
|
New Member
 United States
4 Posts |
Thank you all for your friendly and sage advice! And good luck with your collections. Maybe I will start one 
|
|
Pillar of the Community
Canada
1747 Posts |
I would however suggest buying a 2x2 cardboard flip to house that coin, it will help protect it from further wear and allow for easier handling.
|
| |
Replies: 9 / Views: 2,382 |
|