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Buying Canadian Coins From US Sellers

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TheForce's Avatar
United States
4870 Posts
 Posted 11/09/2017  11:04 am Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
I was interested in a Canadian coin or two from a US based seller. I was comparing prices from what was being asked and my Charlton. I found that the seller was charging exactly by what the book said. However the prices in the Charlton are listed in Canadian dollars. For example the Charlton said the 1956 Canadian quarter was $15 CDN and the seller was charging $15 USD. In US dollars this would be about $11.81. I didn't know if the seller was aware of this so I sent a polite e-mail explaining it. I don't think anything will come of it but I think this is more common of a thing than most would realize. The USD and the CDN have not been at parity for quite some time.
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silverwolf's Avatar
Canada
3733 Posts
 Posted 11/09/2017  11:12 am  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
there is a lot of Usa sellers, that do this. maybe they figure the difference in the dollar cover their fees. all you can do is ask.
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TheForce's Avatar
United States
4870 Posts
 Posted 11/09/2017  12:40 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
That could be. I'm not really expecting anything to happen. If I see a price I don't agree with I just move on. This was just something I have been noticing.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/09/2017  12:49 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I don't think the average intelligence of Americans is dropping, but there seems to be a decent body of anecdotal evidence indicating the number of Americans who repudiate the use of said intelligence is rising.
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basebal21's Avatar
13014 Posts
 Posted 11/09/2017  1:44 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
3 dollars isn't worth worrying about. They're not going to adjust the price every time the currency conversion moves, and as mentioned that was very likely either to cover the ebay fees or the credit card fees if it was their own site.
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 11/09/2017  2:24 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
I was wondering about this since I had been asked a few times about some junk canadian silver I was selling. If the spot price in USD for an 80% quarter is $3 (as an example) a quick google conversion search shows that would be 3.80 in CAD. I had a potential buyer ask me why I couldn't sell at "spot" of $3 CAD. This would not be true and spot in CAD would have been the 3.80, correct? Was a fast one trying to be pulled over me?
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basebal21's Avatar
13014 Posts
 Posted 11/09/2017  3:01 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
This would not be true and spot in CAD would have been the 3.80, correct? Was a fast one trying to be pulled over me?


Either a fast one or they were just very misinformed. The dollar is worth more than a Canadian dollar so the price in CAD will always be higher than USD if you are matching them to the same value
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paxbrit's Avatar
United States
992 Posts
 Posted 11/09/2017  3:11 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Canada and the US are both free countries, and the dealer can charge whatever he likes. No one's trying to cheat you.

I know a stamp shop that prices in US dollars from Stanley Gibbons. 100 Pounds in Gibbons equals 100 Dollars in his shop.
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SPP-Ottawa's Avatar
Canada
10463 Posts
 Posted 11/11/2017  9:46 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
On top of your concerns with currency exchange, everyone in Canada knows that the book price is about 30% above the actual market value of said coin... I rarely pay book price for any coin, unless it is something really special...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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