1951 25 Cent Low Relief Question - Coin Community Forum

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Author	Replies: 7 / Views: 1,709
trimble Valued Member Canada 299 Posts	Posted 07/13/2016 01:41 am Why is this coin so expensive? There are currently 9 listing on ebay atm, it doesn't seem that rare. Report this Post to the Staff

kuh_85 Pillar of the Community Canada 2366 Posts	Posted 07/13/2016 11:37 am It is a scarce variety. However there is not much demand for expensive PL coins. Particularly overpriced ones. So the listings tend to sit there and accumulate. Compare the asking prices to a price list such as http://coinsandcanada.com/coins-pri...s-1937-1952. Collectors who are willing to pay double list price are rare as hen's teeth these days. Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 07/13/2016 11:42 am The coin was never issued for circulation and was only found in numismatic offerings from the RCM in 1951 , 1952. All known examples are Prooflike in appearance and are obviously from polished, (sometimes heavily ) blanks. Would love to examine a confirmed circulation strike if it exists. An educated guess would be less than 5000 pieces struck. Most are still out there as they originally came in sets. In 2007 I sold a 2 Letter ICCS in PL 66 for stupid money. Today it would sell for a lot less. Realistically 300 CAD would get you a very pleasing example in ICCS PL64. Report this Post to the Staff
DBM Pillar of the Community Canada 9862 Posts	Posted 07/13/2016 3:21 pm kuh85 is right these just sit around unsold on ebay, there is little demand. That said, I have an attractive ICCS PL66 that has no significance for me any more. How much could I reasonably expect to get for it on ebay? "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 07/13/2016 5:26 pm 06/06/16 ebay Confirmed sale actual $ 700 on a best offer of $ 950 Canadian funds . Source Flippertools.com Edited by Pacificoin 07/13/2016 5:38 pm Report this Post to the Staff
trimble Valued Member Canada 299 Posts	Posted 07/13/2016 9:32 pm Thanks for the responses. I bought a PL65 in a Goeffrey Bell auction in 2014 for $250 start bid + juice/taxes (I was the only bidder)...just filling a variety hole and was kind of shocked to see what some of the prices on ebay were. Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 07/13/2016 9:59 pm And yet another stellar example of why you should never put your coins into a coin auction in Canada. Excellent buy for you though. Most buyers at Canadian coin auctions are dealers. There are much better ways to sell your coins. Report this Post to the Staff
doubleeagle59 Pillar of the Community Canada 2495 Posts	Posted 07/14/2016 3:51 pm Quote: And yet another stellar example of why you should never put your coins into a coin auction in Canada. Excellent buy for you though. Most buyers at Canadian coin auctions are dealers. There are much better ways to sell your coins. and that sums up the true state of the Canadian coin market. Report this Post to the Staff
	Replies: 7 / Views: 1,709

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