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Most Overpriced Toonie Ever?

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Author Previous TopicReplies: 12 / Views: 2,028Next Topic  
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Canada
1979 Posts
 Posted 11/27/2017  9:00 pm Show Profile   Bookmark this topic Add Smallcentguy to your friends list Get a Link to this Message Number of Subscribers
I don't think that the buyer realized that this was just a normal toonie. I don't think the seller was up to anything nefarious.....I think the buyer was probably an Encased Coin collector and just didn't quite understand what the coin was.

https://www.ebay.com/itm/2004-ENCAS....m1438.l2649
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spru's Avatar
United States
12442 Posts
 Posted 11/27/2017  9:17 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
My question is why did it get so many bids to go up that much? Apparently the seller isn't the only person ill-informed.
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RoyCoinBoy's Avatar
United States
1609 Posts
 Posted 11/27/2017  9:36 pm  Show Profile   Bookmark this reply Add RoyCoinBoy to your friends list Get a Link to this Reply
Triacontakaitetraoonie
(34-oonie)
Edited by RoyCoinBoy
11/27/2017 9:41 pm
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 11/27/2017  9:36 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
In the exonumic community some items such as the encased field can lead to some crazy prices.

If you can find these easily this price might be high, but searches have no other examples available anywhere.

Plus, many encased only have a couple hundred made which disappear into collections for decades.

You really can't compare the exonumic fields to those of numismatics. Each token field is unique.
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spru's Avatar
United States
12442 Posts
 Posted 11/27/2017  11:20 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
@moxking

The listing was for a common circulating Canadian $2 coin, not exonumia.

The seller's other items reveals many actual Encased Cents so, I think OP is correct in that he assumed this was the same while being unfamiliar with Canadian coinage.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
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In Memory of T-BOP 10-12-1949 to 1-19-2024
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basebal21's Avatar
13014 Posts
 Posted 11/28/2017  01:09 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
The seller's other items reveals many actual Encased Cents so, I think OP is correct in that he assumed this was the same while being unfamiliar with Canadian coinage.


Or the premium as it appears like it would be a nice high
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spru's Avatar
United States
12442 Posts
 Posted 11/28/2017  01:37 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
Sorry, I don't follow you, basebal.
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TheForce's Avatar
United States
4863 Posts
 Posted 11/28/2017  07:56 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
That toonie looks totally normal to me. What exactly is "encased"?
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JimmyD's Avatar
Canada
20779 Posts
 Posted 11/28/2017  08:48 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Maybe it was because it is a rare "Aluminum and Nickel Toonie"
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basebal21's Avatar
13014 Posts
 Posted 11/30/2017  4:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Sorry, I don't follow you, basebal.


My apologizes my first response got cut short. I was saying that it appears to be a high grade from the picture and the bidders may have both seen that
Edited by basebal21
11/30/2017 4:48 pm
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Fixguy's Avatar
Canada
532 Posts
 Posted 11/30/2017  8:17 pm  Show Profile   Bookmark this reply Add Fixguy to your friends list Get a Link to this Reply
I agree with JimmyD. Maybe someone thought it was actual aluminum?
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Canada
799 Posts
 Posted 12/03/2017  12:37 am  Show Profile   Bookmark this reply Add TerryT to your friends list Get a Link to this Reply
"The Force" -the reference to "encased" coin means the kind that have an added ring outside of the cent, usually marked something like "good luck penny" or "souvenir of...". They are part of the exonumia section of ebay.
Edited by TerryT
12/03/2017 12:38 am
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spru's Avatar
United States
12442 Posts
 Posted 12/03/2017  01:18 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:
My apologizes my first response got cut short. I was saying that it appears to be a high grade from the picture and the bidders may have both seen that


Thanks, it makes much more sense now.

@TerryT

I'm sure TheForce understands that and is simply pointing out that it is not an Encased Coin.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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