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Canadian Coin Pricing

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Pillar of the Community
doubleeagle59's Avatar
Canada
2495 Posts
 Posted 11/10/2017  7:03 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply

Quote:
There is so much stuff around right now you can just pick and choose, being very fussy while you are at it!


So true.

But you're leaving out the other half of the equation......

There are no buyers for all this inventory.

So, the 'coin' equation for the Canadian market is:

TMI + NB = CM

where,

TMI + too much inventory

NB = no buyers

and CM = C*appola market
Edited by doubleeagle59
11/10/2017 7:05 pm
Valued Member
Quatchi's Avatar
Canada
228 Posts
 Posted 11/12/2017  3:04 pm  Show Profile   Bookmark this reply Add Quatchi to your friends list Get a Link to this Reply
It is indeed a great time to be a collector! On the other side of the coin, from an investment standpoint, coins that I've purchased over the last 10 years have depreciated a fair bit. However, I've always approached coin collecting as being a hobby far above being an investment. I only buy coins that I like, that way if the coin market temporarily tanks (like any other market), I'm still generally happy with what I've bought.
Pillar of the Community
Canada
1442 Posts
 Posted 11/12/2017  9:42 pm  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
It all depends on what you collect...

I can't find the stuff that I collect at any discount...

Used to pick off Canadian Large Cent 1859 9 over 6 in VF-EF for $200-$300...haven't seen one in YEARS

How about a really cheap 1906 25 Small crown in VG+ or 1858 10c 8/5 in VF+ ? Anyone wanna sell one even at 50% of trends?

I think it's all about what you collect...

Lets face it...most people dont collect quality or rarity and if you collect generic "crap"...that's the stuff that goes to 0 in a bad market...

Interesting that someone mentioned Newfoundland coins...my Newfoundland coins are flying off the shelves!


Edited by canadian-varieties
11/12/2017 9:46 pm
Valued Member
arvan's Avatar
Canada
125 Posts
 Posted 11/13/2017  08:40 am  Show Profile   Bookmark this reply Add arvan to your friends list Get a Link to this Reply

Quote:
Looking at historical ebay sales is a great way to determine actual market value. Its a more arduous process but its also the most accurate IMO.


Ya that is what I am finding too. A much better reference I think. Although what is not shown is how many of the same coin were/are for sale. That would be a helpful number to have because then you can see there was one sale at a list price which is good, but there were 20 other coins of the same grade sitting there not being sold.
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