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Replies: 13 / Views: 4,183 |
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Pillar of the Community
United States
581 Posts |
Hello All! My knowledge of these Canadian Dollars is limited and my experience of how subjectivity may or may not play a role in price/value of graded coins is essentially zero. I've been through the auction archives of Heritage, ebay, etc looking at past sales results along with pics of 1948 Canadian Dollars graded MS 62 by NGC. This particular 1948 Canada Dollar in my possession is (forgive my lack of terminology) exceptionally bright and reflective almost to the point of ridiculous. My photography skills (or lack there of) and equipment are incapable of capturing a realistic photo of this coin. No other 1948 Canadian Dollar even came close to the appearance of this coin. I understand that subjectivity plays a huge role so here is my question. Would this coin's particular visual attributes increase its price/value within its grade?    
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Pillar of the Community
Canada
5324 Posts |
There are a lot of nicks around the king's face, grade is about right, but it is a really nice 62
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Pillar of the Community
 United States
581 Posts |
Awesome. Thank you john100.
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Pillar of the Community
Canada
1618 Posts |
 At least it will be an easy sell if you ever decide to part with it! The 'visual attributes' is, as you mention, subjective. Some people, like myself, prefer brilliant white, while others prefers naturally toned coins. Would I be willing to pay more for it in this condition? Yes.
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Pillar of the Community
Canada
586 Posts |
I'm afraid once you have it slabbed, no buyer will pay more then its book value because of eye appeal, but they will pay more for scarcity and rarity and if they are in a bidding war. Lucky for you this coin can bring all of that. The eye appeal is just re-assurance that the grading is right.
If it was in a ICCS holder, then I would say yes, the shine could bing more, because ICCS is known for not taking eye appeal into consideration when grading. NGC does.
Nice coin. The King of silver dollars.
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Pillar of the Community
Canada
867 Posts |
Nice eye appeal, but not in a grade that would attract a premium. Why pay MS-63 price for a MS-62 coin, unless you 'hoped" it would re-grade a MS63? Grade shopping rarely works out. There are lots of examples of 1948 dollars on ebay, right now I counted almost 20, so it's not a "rare" year either. Now, try to find a brilliant white 1946 example in MS64+
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Pillar of the Community
Canada
3733 Posts |
the coin almost has a slight polishing look to it, based on the obverse photos, I think ms 62 is correct.. can you post some photo's of the reverse, thanks
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Pillar of the Community
United States
772 Posts |
Personally, I think it has good eye appeal from the pictures despite the nicks.
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Bedrock of the Community
United States
94367 Posts |
Agree with grade - just too many ticks for anything higher.
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Pillar of the Community
 United States
581 Posts |
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Pillar of the Community
Canada
3733 Posts |
yes ms 62, is correct, coin still appears to have been lightly polished.
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Pillar of the Community
Canada
1461 Posts |
It is very difficult (if not impossible) to get anything with altered surfaces through either NGC and or PCGS at MS grade. I don't believe the coin is polished and is consistent with many 48s.
Edited by TheCoinHunter 03/18/2018 10:49 am
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Pillar of the Community
Canada
1923 Posts |
I agree with the grade ms-62 the reverse side is nicer than the obverse for eye appeal, the obverse has that P/L look.
Very nice coin
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Pillar of the Community
 United States
581 Posts |
Thank you very much everybody. I appreciate it and I learned a lot.
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Replies: 13 / Views: 4,183 |
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