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 Replies: 14 / Views: 2,143 |
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Pillar of the Community
United States
1164 Posts |
Been saving all of my George VI cents.
Value per roll?
Thanks
*** Moved by Staff moved to a more appropriate forum. ***
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Pillar of the Community
 Canada
9864 Posts |
$3-$7US for mixed date rolls
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
 United States
1164 Posts |
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Bedrock of the Community
United States
12477 Posts |
Quote:
That's a big spread. How big is the spread in condition within the rolls? 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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Pillar of the Community
Canada
5241 Posts |
My LCS sells them for 5 cents Canadian each in his bulk bin.
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Pillar of the Community
United States
1695 Posts |
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Been saving all of my George VI cents I find them occasionally in rolls in the USA. I wonder how common they are in Canada now. |
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Pillar of the Community
Canada
9162 Posts |
You can only get them from dealers now.
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Pillar of the Community
United States
2408 Posts |
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Bedrock of the Community
United States
12477 Posts |
Quote:
Interesting.... $0.50 in 1950 is worth $5.36 in today's dollar, based on inflation. That's interesting, but not very relevant. The link you posted is for the U.S. BLS and, I assume, is based on historical inflation data for the U.S., not Canada. That equates to nearly 11 cents for a single 1950 Canadian cent in whatever condition. I don't think that's a fair general assessment. 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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Pillar of the Community
Canada
1723 Posts |
I think most LCS wouldn't even look at them unless you came in with high grades. They would probably just put them aside and sell for face value to a customer that perhaps has an ebay store. At least that's what my LCS does. So ebay would be where you go to sell. Now I think the next big question is how much would Canada post charge you to ship a roll? Two rolls? 10 rolls? Or even what's the best shipping provider to use to ship something with that kind of weight. |
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Moderator
 Canada
10458 Posts |
I usually sell them for $2 - $3 ($CAN) per roll...
"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
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Pillar of the Community
Canada
9864 Posts |
@ SPP-Ottawa
Some people's rolls are worth less than others.
I would imagine your rolls are so well picked that the banks only reluctantly pay face for them.
"Dipping" is not considered cleaning...
-from PCGS website
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Moderator
Canada
10458 Posts |
DBM, not the circulated rolls... I have more than enough mint bags and BU rolls to pick through.... Even my BU rolls I sell, I don't bother with the minor varieties (e.g., doubling or tooling marks) or errors (e.g., die clashes, laminations. etc.) Nickel dollars on the other hand... if anyone finds my bank and buys them, they'll be greatly disappointed!!  "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
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Pillar of the Community
United States
840 Posts |
I have a roll or two of these George VI cents - but I never thought they'd be worth more than 2x face, just like common wheat cents here in the US. Of course, with Canada's Alloy Recovery Program they must be getting harder and harder to find in circulation?
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Pillar of the Community
Canada
514 Posts |
Quote:
I have a roll or two of these George VI cents - but I never thought they'd be worth more than 2x face, just like common wheat cents here in the US. Of course, with Canada's Alloy Recovery Program they must be getting harder and harder to find in circulation? ARP is only one part of the problem (ARP = Alloy Recovery Program); Pennies are no longer circulated, and retailers have adjusted how currency is collected - for cash, the total is rounded to the nearest $0.05, while plastic (cc or debit) are exact. ARP plays into the mix with the banks - when banks receive any older or "non-circulation" currency, they are supposed to send them back to the Bank of Canada / mint for "de-minting"; I have understood that many banks just do this, at their cost "because they are supposed to" - but other banks recognize that this is an extra expense, and adds more paperwork to their job, and those banks will try to "sell" at face value to clients who are interested in purchasing them. I have not found a single bank willing to "sell" me pennies since they stopped issuing them in 2012... while in facebook groups I am teased by people posting huge caches of pennies they keep receiving from their local banks :( |
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Replies: 14 / Views: 2,143 |
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Posted 12/25/2018 12:05 am
