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 Replies: 23 / Views: 7,128 |
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Pillar of the Community
United States
1450 Posts |
Were these coins generally circulated or were they made as collector coins to be bought at a premium? I collect lighthouse objects and that Nova Scotia coin is a beauty. I would love to have one but I don't want to pay a huge premium over face value.
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Pillar of the Community
Canada
1931 Posts |
the provincial quarters were actually released for circulation as well as in specialty sets and proof sets too I believe. I have lots of them just collected out of pocket change. you could probably get one in ms grades for less than a dollar.
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Pillar of the Community
Canada
1931 Posts |
sorry about that! I was checking my 2007 coin book and it said .75 for ms 63 and then I checked charlton and it says 15.00 for ms63. I guess these have gone up greatly in value.
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Pillar of the Community
 United States
1450 Posts |
...or like most price books, they are "I wish" prices, not actual trading values. What is the metal composition on those quarters?
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Pillar of the Community
Canada
1931 Posts |
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Pillar of the Community
Canada
1931 Posts |
I could send you one of mine that's not in too bad a condition if you wanted but shipping would probably make the total cost more than you'd pay for a regular one at the coin store near you
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Pillar of the Community
United States
1450 Posts |
Unfortunately, there aren't any coin shops near me so postage would probably not be any more expensive than the price of gas to get to a coin store. Let me see what I can find out about the coin on this end, we may be able to strike a deal. I am just looking for an example in reasonable shape for the lighthouse aspects of the coin. I don't need an MS-63 grade coin for my purposes. Thanks for all of your help Malissa.
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Pillar of the Community
United States
1450 Posts |
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Pillar of the Community
Canada
1931 Posts |
I had a little look at that site just now. I'm not sure how the values are arrived at but did notice it said 2005 at the bottom of the screen. It listed a 1871H quarter as valued at 9.90 in G4 and my charlton has it listed as 2 types for that year. One is listed at $25 and the other is listed at $50 both in g4 grades.
I tend to just follow whatever my charlton 2008 has listed and if I find deals for lower I am happy with that. Probably not the smartest way for me to purchase but thats what I have that I can use as a resource.
I
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Pillar of the Community
Canada
1931 Posts |
by the way I wasn't offering to sell you a quarter at an insane price in circulated condition. :) I just recently sold an entire set, with a nice mat holder to someone one the forum for $15. I think the difference in in price rises dramatically after the ms63 grades and higher.
malissa
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Pillar of the Community
United States
1450 Posts |
I know you weren't. I just have a hangup about price guides. I used to deal in baseball cards and all of the "book prices" were about 3-4 times higher than ANYBODY was paying for the cards. The dealers were the ones setting the prices trying to drive prices up so I have become very skeptical of book values, I assure you I didn't mean anything personal by that statement. Sorry if I offended you, that was never my intention.
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Pillar of the Community
Canada
1931 Posts |
lol no offence taken. I myself am not too sure why the provincial quarters have jumped so high in the last year other than maybe low mintages or, (and I have seen this many, many times) Canadians didnt really collect and hoard these. They just stayed in pocket change and nobody bothered with them. That was a big problem in canada for a few years there simply because every quarter they put out was "collectible" so you had to either NEVER spend your change anywhere or just say screw it and spend them. I have done it myself to be honest. If it's in my pocket and I am at the store I spend them. So maybe it is really hard to find the circulated quarters in any kind of decent shape?
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Pillar of the Community
United States
1450 Posts |
We are seeing the same thing with the State Quarters here in the U.S.. At first, everybody was hoarding rolls of them so the price went up for a while then people realized they were never going to be worth much they started spending and the price dropped like a rock. Kind of the reverse of your situation. I wonder how much of an effect the worldwide credit mess is having as people are speculating on anything not made of paper. It will be interesting to see what happens to prices in a year or two. |
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Pillar of the Community
United States
2408 Posts |
malissadawn wrote:
"...I checked charlton and it says 15.00 for ms63. I guess these have gone up greatly in value."
About Charlton pricing: "The Charlton Press pricing tables are built on Canadian certified coins (...) It is important to realize that coin certification incurs a cost, and on low price coins it will play a factor". - 62nd Ed. p85.
Marc
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Pillar of the Community
Canada
1931 Posts |
canadian coins,
that is true too. Still, I can't imagine that a coin in ms65 is going to stay cheap for long. It has been 14 years since the provincial quarters came out so it's only sensible that eventually there was going to be a shortage in good quality circulation coins. I guess the general idea is that a dollar for a ms65 coin would be too low and 15.00 would obviously be too high. lol
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Pillar of the Community
United States
1450 Posts |
I just checked the price of nickel (the metal)and it is almost $8/pound. A good bit of the rise in value may be there since all metals have risen dramatically since 1992. Just a thought!
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Replies: 23 / Views: 7,128 |
Posted 08/10/2008 3:47 pm
