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Colonial Acres Nov.10-11 Auction - 5 Oz Farewell To The Penny

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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 11/11/2016  6:23 pm Show Profile   Bookmark this topic Add MoneyPenney to your friends list Get a Link to this Message Number of Subscribers
Colonial Acres is having a coin auction today and tomorrow.
The first session is live now and feature mainly circulation coins.

Tomorrow they have the 2nd session which have some NCLT.

The 5 oz penny is now at $355.

http://www.icollector.com/RCM-Issue...pt_i25922796

They also have the Farewell to the Penny Set at $340.
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Lostwords's Avatar
Canada
1528 Posts
 Posted 11/11/2016  9:58 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply
never tried these auctions before. do we have to pay a fee after?
Pillar of the Community
Canada
5324 Posts
 Posted 11/11/2016  10:06 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
18% plus HST
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 11/11/2016  10:11 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
For Colonial Acres, it 15% fee if you pay by cheque, debit, cash, money order, e-transfer or wire transfer. PayPal or credit card 18%

There is no HST if it s pure silver or gold. For the 5 oz penny there is no tax at all.
Edited by MoneyPenney
11/11/2016 10:12 pm
Valued Member
onecad's Avatar
Canada
194 Posts
 Posted 11/12/2016  10:21 pm  Show Profile   Bookmark this reply Add onecad to your friends list Get a Link to this Reply
I was interested in the Farewell to the Penny set until I saw a set sell on ebay today for $330.00;

http://www.ebay.ca/itm/Canada-2012-...AOSwx2dYHgc1
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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 11/13/2016  7:01 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply
For the record, the penny sold for $494.50 (including taxes). The 5 penny set sold for $414.00 including taxes.

A special penny wrap roll went for $79.35

A Moonlight Fireflies went for $207.

The biggest bargain was the 1 Kilo Eyes of Spirt bear that sold for $1000, issue price was $2300.
Pillar of the Community
Canada
6768 Posts
 Posted 11/13/2016  8:50 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
For the record, the penny sold for $494.50 (including taxes). The 5 penny set sold for $414.00 including taxes.

A special penny wrap roll went for $79.35

A Moonlight Fireflies went for $207.

The biggest bargain was the 1 Kilo Eyes of Spirt bear that sold for $1000, issue price was $2300.


The record just supports the rule, that everything with the time loose the value. And where the initial issue price was high - it clearer.
When you have the coin for which approximate "spoken" market value is X, when you will try to sell it, the selling price will be 20% less.
Valued Member
Proof Nut's Avatar
Canada
393 Posts
 Posted 11/13/2016  11:35 pm  Show Profile   Bookmark this reply Add Proof Nut to your friends list Get a Link to this Reply
I tuned in for the last few hours and bookmarked some of the items for future reference. Nothing of interest for me this time around that I could afford.

Looking forward to the Boxing Day bonanza next month.

Surprising to see how high some of the lots went.

$356.50 for a straight 7 proof-like set plus taxes and $494.50 plus taxes for a 2008 Wedding proof set tells me that there are some collectors with lots of money to burn!


Quote:
never tried these auctions before. do we have to pay a fee after?

Their September 4th auction was my first experience purchasing anything online this way. Quite an eye opener for me and glad I took the plunge.
Pillar of the Community
Canada
6768 Posts
 Posted 11/14/2016  10:27 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
$494.50 plus taxes for a 2008 Wedding proof set tells me that there are some collectors with lots of money to burn!


Very nice!
Welcome back to the Earth, overhyped 2008 set

CAD 500 instead of CAD 800-1000 (which according to the "common belief" this set valued)
Pillar of the Community
Canada
5324 Posts
 Posted 11/14/2016  10:44 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
The 2008 wedding set is not rare, are you referring the 2007
Pillar of the Community
Canada
6768 Posts
 Posted 11/14/2016  11:05 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
I might mistake, but seems to be both 2007 and 2008 weddings sets are rare.

2008 Canada Premium Wedding Proof Set

http://www.colonialacres.com/produc...age-of-508-b
Pillar of the Community
Canada
5324 Posts
 Posted 11/15/2016  10:20 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
The 2007 set has a unique silver loonie, the 2008 sets all use the same loonie, so the 508 mintage is sort of misleading, but can't argue with marketplace
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