| Author |
 Replies: 23 / Views: 5,020 |
|
Pillar of the Community
Canada
605 Posts |
Hey guys, I have this 1949 5 cent which is graded ms66 by PCGS.  Catalog price is indicated $450 coinsandcanada Average auction price MS-66 $797.93 (2) $797.93 (2) (coinsandcanada 2017-2018 sales) Anyone has a catalogue price for this coin? Trend and market value? What would you pay for this coin as a collector ? ( if the coin is needed in your collection of course) Thanks for any information! PS, Not sure why PCGS couldn't line up the coin properly in the slab, it's rotated   |
|
|
|
Moderator
 Canada
10458 Posts |
Rotation in the slab can happen after it is sealed... any kind of higher frequency vibration can do this. That is why you see high end dealers like Sandy Campbell wrap each PCGS piece in bubble wrap, and puts only 10 slabs per box.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Moderator
Canada
10458 Posts |
There are no price guide or trend for higher grades. Auction results within the past three years are your best guide (make sure the hammer and taxes are included in your price estimates).
With a population of three in MS-67 and 9 in MS-66, the main PCGS registry players already have this one... but you should expect similar prices. Sometimes, at an auction, all it takes is two bidders to fight over a coin to make a difference...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Valued Member
Canada
221 Posts |
Quote:
@Coin-Flipper:
Not sure why PCGS couldn't line up the coin properly in the slab, it's rotated Quote:
@SPP-Ottawa:
Rotation in the slab can happen after it is sealed... any kind of higher frequency vibration can do this. As SPP-Ottawa says, high frequencies vibration can rotate the coin. However, it is also possible with high frequencies vibration to rotate the coin to its original position. Some people use an electric tooth brush with its back on one side of the slab. But there are probably other methods as well... I'm sorry if my English isn't perfect... I'm learning a little more every day.
Edited by ainsivalavie
12/14/2018 1:13 pm
|
|
Pillar of the Community
 Canada
605 Posts |
Yeah the coin is a bit loose on the inside and it does rattle a bit.
I thank you guys for your answers.....i cannot recall when but a few months back perhaps on coinsandcanada I have seen the price on ms66 upwards to 2000 dollars.
Can anyone verify a Charlton catalogue price for this coin?
Thanks, I appreciate it
|
|
Pillar of the Community
Canada
1505 Posts |
2015 Charelton has
MS 65 = $150
MS 66 = $6000
I suspect coinsandcanada is a bit closer to reality.
|
|
Pillar of the Community
Canada
605 Posts |
I am still trying to understand the price deflation / inflation on certain coins. How can a coin go from $6000 Charlton 2015 to $450 in 2018 coinsandcanada? What would make this price drop so drastically? Is it Supply and demand of it? Or MS66 is not enough and perhaps the $6000 price tag should be accredited to an MS67 or higher?
|
|
Pillar of the Community
Canada
5324 Posts |
Maybe at one time there was only one MS67 and two bidders went goofy over it, now since there are 3 MS67 the 66 are like who cares and the price drops, a really good auctioner can push an item to crazy prices by stretching the truth
|
|
Pillar of the Community
Canada
605 Posts |
When coin catalogues update their versions and prices year by year....are these catalogues looking at sale average to determine catalogue value ? Or supply and demand or what? I mean I get it, the auctioneer can drive up the price, you figure catalogue value was $6000 and you buy it for say.....$2200-$2600. 3 years down the road the price drops to $450?!?! Your loosing your pants. lol!
|
|
Pillar of the Community
Canada
5324 Posts |
Take an example first two 2005 P non mag pennies sold for insane 21000 and 20000 two bidders went at it along with a little auction promotion in a few months many more units came onto the marketplace price dropped to around 1500 to 2000. Generally only top of the grade and rare dates fetch over 10000
|
|
Pillar of the Community
Canada
1505 Posts |
I don't think the charelton prices are ever realistic or based on actual sales and they seem to be rarely updated. A rule of thumb that many seem to go by is catalog/trends x 50% to get approximate real market value, for very high grade and/or rare pieces it is whatever the few will pay. I use constandcanada ebay results for my value guide, it rarely steers me wrong as both a buyer and seller. An MS 66 1949 5 cent is relatively uncommon, but I don't think it is that rare. |
|
Valued Member
Canada
118 Posts |
I am likely less experienced than most of the posters who have already answered. However, knowing some collectors who have high end coins valued in the thousands, it may come down to demand in setting the price. Like, duh!
But, what I mean is how many people will pay thousands for a 1949 coin that has a population near 10 of the same calibre versus spending similar money on older, rarer, more detailed, more eye appeal coins or paper? Post WWII has never seemed as desirable to me, and to most of the people I know in the game - limited though my circle may be.
|
|
Pillar of the Community
Canada
5394 Posts |
Lot 1498 Victoria North 2015 Sale ICCS 66 sold for $2500.00 CAD.
Highly doubt that a 66 would bring anywhere near this today.
I saw that coin in hand at that auction . It was quite attractive and in the Grade .
The coin shown here ( PCGS66) in my opinion is not as nice and would probably NOT
Crossover to an ICCS 66 .
Choice BU 1949 Canada 5 Cents are quite common actually and were available in roll quantity
well into the 1970s. Rolls I have examined have generally been Well Struck and pretty , with
above average Lustre for nickel Coinage . Overall average Grade was MS64 , with many being 65
and a few 66. Never seen or handled an ICCS 67 .
One interesting finding is that many 1949 Five Cents Show very strong , Prominent, die clashing
evident at the back of George VI portrait.
|
|
Pillar of the Community
Canada
605 Posts |
Interesting, thanks for all your info. As for the crossover to ICCS....I have always been under the impression that the grading standard are higher from PCGS.
This particular coin shocked me the catalogue price because it was out of this world lol
|
|
Pillar of the Community
Canada
5394 Posts |
Send it in to ICCS and let us all know the results . Remember Canadian Pricing Catalogue (Charltons) and Canadian Coin News Trends are for Coins Graded by ICCS , not NGC or PCGS .
Totally different grading philosophies.
|
|
Pillar of the Community
Canada
2495 Posts |
Quote:
As for the crossover to ICCS....I have always been under the impression that the grading standard are higher from PCGS.
That belief could end up costing you a pile of money. |
| |
Replies: 23 / Views: 5,020 |
Posted 12/13/2018 11:26 pm
