I Am Mystified By The Popularity Of The 2017 Counterstrike Dollars

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Author	Replies: 7 / Views: 2,021
Smallcentguy Pillar of the Community Canada 1984 Posts	Posted 04/24/2018 4:44 pm I have seen quite a few 1967 dollars counterstruck with 2017 150th Canadian Anniversary legends. They tend to sell for quite high prices at auction. There are 8 in the upcoming CoinExpo Auction with estimates at $200 to $400 each. They say they are "limited" to 200 or 300 pieces struck. I don't understand the popularity of these. They aren't that attractive and I don't think they are official. For the 8 in the catalogue, someone created 1800 of these and apparently found buyers. Even at $100 each, this seems like about $18,000 of junk silver that was turned into $180,000 of stuff that no one will care about in a few years. Am I wrong? Edited by Smallcentguy 04/24/2018 5:43 pm Report this Post to the Staff

nfine Pillar of the Community United States 3469 Posts	Posted 04/24/2018 4:47 pm I can't believe you've fallen for the Canada monthly coin release. Report this Post to the Staff
john100 Pillar of the Community Canada 5324 Posts	Posted 04/24/2018 5:10 pm You can blame the RCM in the long run, if this isn't defacing a Canadian coin not sure what is. Most of the buyers I assume believe these are RCM produced. Report this Post to the Staff
oriole Pillar of the Community Canada 5239 Posts	Posted 04/24/2018 5:23 pm I think that I see a business opportunity. get a bunch of 1968 dollars and find a 100th anniversary to counterstamp them with. Report this Post to the Staff
oriole Pillar of the Community Canada 5239 Posts	Posted 04/24/2018 5:44 pm Who made these? Was it some guy in Halifax? Report this Post to the Staff
DBM Pillar of the Community Canada 9864 Posts	Posted 04/24/2018 8:09 pm No need to feel mystified. A number of Canadian auctioneers and dealers feel they are above the law. Anything for a buck is their mission statement. In a couple of weeks there will be posts here praising The Toronto Coin Expo and the crooks involved in the manufacture and sale of these coins. "Dipping" is not considered cleaning... -from PCGS website Edited by DBM 04/24/2018 8:11 pm Report this Post to the Staff
Cdncoins Pillar of the Community Canada 999 Posts	Posted 04/24/2018 8:28 pm Yes, it is Citadel Coins in Halifax. I'm with you Smallcentguy, I don't see the appeal. If it was being sold at bullion value or something slightly above, then maybe. I'm surprised people bought these up, but then again I'm surprised by all the stuff the RCM sells for big money as well. A more extreme example are the JOP counterstamp silver dollars. Those go for thousands. Report this Post to the Staff
Smallcentguy Pillar of the Community Canada 1984 Posts	Posted 04/24/2018 8:58 pm I get the popularity of JOP dollars. I don't remember the precise story on why he made them but I don't think he was setting out to create a rarity or collectible. So they to me are an authentic oddity like the 19th century counterstamped coins. To me the 2017 counterstamps are like all of the items produced by the Franklin Mint. They might be collectibles for a certain group of people. But they don't deserve a full colour page in a serious auction catalogue. Report this Post to the Staff
	Replies: 7 / Views: 2,021

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