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Pricing 160 '54 Nickels

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Pacificoin's Avatar
Canada
5397 Posts
 Posted 01/03/2017  10:14 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
" Coins and Canada is not accurate due to shipping costs on ebay " ..............seriously ? Do Explain?
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oldmike's Avatar
Canada
891 Posts
 Posted 01/03/2017  10:57 am  Show Profile   Bookmark this reply Add oldmike to your friends list Get a Link to this Reply
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Stogie's Avatar
Canada
89 Posts
 Posted 01/03/2017  11:54 am  Show Profile   Bookmark this reply Add Stogie to your friends list Get a Link to this Reply
This thread goes to illustrate why I think the ARP is one of the best things to happen to the coin collecting hobby in Canada in a long time. Sure, I've read some online comments from collectors about the "damage" this is doing to the hobby...because what are they going to be able to search for in change when a lot of it is being removed from circulation?

I look at it this way...the overwhelming majority of base metal coins minted in Canada (especially since the late 60s but even before then) are as common as dirt, and unless you are talking about coins like the '64 XWL nickel or 1973 large bust quarter, most of these coins have very little to no collector interest. When one considers that most of these coins have mintages several times that of the population of Canada, how can the collecting hobby possibly absorb all these coins? It just can't.

I say that the coins being targeted by the ARP should (as much as possible) be returned to the mint for melting just because of how common they are and the low collector demand. I'm not saying we should totally destroy the past, but a really good culling of the herd really isn't that bad a thing.

One has to take a look at this from another perspective. Sure, the great silver melt of '80 supposedly removed a lot of so called "collectors coins" from the market. Yet, after that subsided silver coins that once were used as money (and are in well circulated condition) still are fairly common at coin dealers, in antiques stores, at garage sales, on ebay and the like. It really does make you think.
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mike9999999's Avatar
Canada
224 Posts
 Posted 01/03/2017  5:24 pm  Show Profile   Bookmark this reply Add mike9999999 to your friends list Get a Link to this Reply
Unless you're talking about pennies, I don't see many nickels going even double the population of Canada prior to '60. With dimes and quarters they pretty much made 1 dime and 1 quarter a citizen prior to '60. Halves and Dollar coins are a different story by being quite low in their mintages, this is caused by the fact that people would treat the halves and dollars similar to how one would treat a $5 and $10 bill today. Thus, they lasted in circulation for long periods of time, also meaning they have a high survival rate especially in today's society where most of them sit among people who admire them - us mainly.
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mike9999999's Avatar
Canada
224 Posts
 Posted 01/03/2017  10:38 pm  Show Profile   Bookmark this reply Add mike9999999 to your friends list Get a Link to this Reply
I'll just keep them I suppose.
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mike9999999's Avatar
Canada
224 Posts
 Posted 01/03/2017  10:41 pm  Show Profile   Bookmark this reply Add mike9999999 to your friends list Get a Link to this Reply
Oh, in terms of ebay and Coinsandcanada, look at these ridiculous. ..penny pricing
http://www.coinsandcanada.com/coins...nt-1937-1952
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 Posted 01/03/2017  10:44 pm  Show Profile   Bookmark this reply Add Alan to your friends list Get a Link to this Reply
Great to hang onto I think. That's a good score, nothing wrong with that.
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Canada
5589 Posts
 Posted 01/04/2017  04:47 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
I agree that the C&C pricing is out of whack, especially for low to mid-grade stuff and varieties.... but it's still a valuable tool for letting folks know what's out there I use their price guide as just one of many inputs, including Trends and ebay "solds" and other results. Any price guide should just be a singular input to let people know which coins are worth holding onto .. the first shot at separating the wheat from the chaff.
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