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1912 Canada Five Dollars - Grading Assistance Please

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yellow88's Avatar
United States
581 Posts
 Posted 09/05/2018  5:19 pm Show Profile   Bookmark this topic Add yellow88 to your friends list Get a Link to this Message Number of Subscribers
1912 Canada Five Dollars - Grading assistance please

Picked this up the other day. Grading and/or value assistance would be awesome. I was able to purchase at spot.



1912-Canada-Five-Dollars---Grading-Assistance-Please
1912-Canada-Five-Dollars---Grading-Assistance-Please
1912-Canada-Five-Dollars---Grading-Assistance-Please
1912-Canada-Five-Dollars---Grading-Assistance-Please
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/05/2018  5:25 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Very attractive. I'll venture AU-55, very likely higher. Certainly little experience with these other than the general design.
Edited by Coinfrog
09/05/2018 6:52 pm
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yellow88's Avatar
United States
581 Posts
 Posted 09/05/2018  6:21 pm  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
Sweet.
Pillar of the Community
United States
1901 Posts
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yellow88's Avatar
United States
581 Posts
 Posted 09/05/2018  8:04 pm  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
Mrzllewellyn-

Fascinating read. I love learning the history behind the coins.

Thank you.
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westernsky's Avatar
United States
7629 Posts
 Posted 09/05/2018  8:11 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
The rim bumps hurt it. I suspect it may be ex-jewelry.

I'd give it "AU details" grade.

Nice pick up!
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silverwolf's Avatar
Canada
3733 Posts
 Posted 09/05/2018  8:29 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
yes au55-58 details, still for spot price you did well.
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Coinfrog's Avatar
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94367 Posts
 Posted 09/05/2018  8:39 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I hadn't noticed the edge bruises, good point.
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yellow88's Avatar
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581 Posts
 Posted 09/05/2018  9:30 pm  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
If I'm correct they made these (and the ten dollar) for just three years. I may have to try to pick up another one or three.

I need to find a good source for them. I'm not a big ebay fan and I only buy raw coins.

Quick question- on NGC's website, for example, they make a point of stating "no mintmark" despite that there is no version of the coin that year with one.. I was just wondering why they do this? My assumption is fraud prevention, so a fraudster doesn't try to scam somebody by saying they have a "rare" example with a mintmark.
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Canada
5324 Posts
 Posted 09/05/2018  10:34 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
These gold coins are worth only bullion unless they are MS63 or better, they also in lower grades have no markets except for bullion. These gold coins were struck by RCM in Ottawa with no mint marks
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Canada
9866 Posts
 Posted 09/05/2018  11:18 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
AU details
It's not just worn it's damaged a little.
Spot is about $285US for these.
If that's what you paid you did very well as these, in similar condition, currently go for about a hundred US bucks higher on ebay.
Unlikely you'll be able to complete a Canadian gold collection at such deeply discounted prices.
"Dipping" is not considered cleaning...
-from PCGS website
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yellow88's Avatar
United States
581 Posts
 Posted 09/06/2018  12:55 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
Thanks DBM. I'll start checking out some alt auction venues.
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TheBurnz's Avatar
Canada
586 Posts
 Posted 09/07/2018  08:33 am  Show Profile   Bookmark this reply Add TheBurnz to your friends list Get a Link to this Reply
edge marks in this series is common, remember they were in bags for the better part of a century. I have many in original sealed certified hand selected cases and both hologram stickers still on them, with edge marks like that. They are not pure gold actually, 80% - 20% copper. What is spot price for you... I think AU as well, due to the excessive bag marks. Its a easy sell at around $450 to $500. If you get it slabbed you will attract a larger market. Some collectors only buy slapped or ones with COA's (to avoid fakes). 1914 is the sought after date for the $5 and 1912 is the sought after date for the $10. All values in CAD.

If you got it for under $400, great buy!
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IndianGoldEagle's Avatar
United States
36844 Posts
 Posted 09/10/2018  6:33 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-58
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yellow88's Avatar
United States
581 Posts
 Posted 09/11/2018  01:39 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
Thank you all very much for the assistance.

TheBurnz- I'd love to see the pics of your coins. I bet they are pretty sweet!
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