Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsRoyal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Prices Of High Grade Canadian Coins?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 3 / Views: 1,317Next Topic  
New Member

Canada
1 Posts
 Posted 03/17/2019  10:41 pm Show Profile   Bookmark this topic Add MafiaMoney to your friends list Get a Link to this Message Number of Subscribers
New here and I enjoy reading the informative threads on the site.
My question is while browsing for coins on ebay I regularly come across coins that are graded MS63-MS66 and some are close 50% of the Book value. For example, an MS65 1939 50 cent half dollar with a BV of $2800 selling for $1,499.95 or 53.5% of trends. Why are these coins selling for half of the BV while lower graded coins in the EF-AU range will sell in the 60-80% range? Is it because they are harder to sell, is it because of the price, or is it something totally different?

Thanks in advance and my apologies for the long question
Pillar of the Community
Canada
822 Posts
 Posted 03/18/2019  01:14 am  Show Profile   Bookmark this reply Add TerryT to your friends list Get a Link to this Reply
ebay prices can be all over the place. If the right buyer is not looking, then the price will suffer. Two or 3 years ago, I listed a beautiful full red 1958 cent with 5x die clash for $5 and it didn't get any bids. I relisted it a week later and sold it for over $15, with 5 or 6 different bidders. I listed a virtually identical cent a while later for $8, and got 1 bid.
All MS-65's or any other grade do not have the same value. I've seen the most ugly, splotchy, finger-print smeared, blackspot-marked coins called MS-65 or PL-65. The coins sold on ebay are usually the more unwanted of these grades. I personally would prefer a shiny MS-64 at a much lower price than an MS-65 that has ugly toning. Other high grade coins with full lustre or what is considered by the collector as pleasing toning are usually sold in more important numismatic auctions, stores or coin shows, where you can see the coin in person, to affirm the higher price.

Different grading companies grade differently, so what is MS-65 for one, might be 63 to another, and 62 to you. I think several overgrade since I went by the Charlton book descriptions in the 60'-70's, and ICCS after. Question ALL grading, + some companies charge more based on the coin's value.


Pillar of the Community
Learn More...
Canada
5589 Posts
 Posted 03/18/2019  05:00 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Are you talking about actually SELLING FOR or what they are listed at? .... big difference.
Pillar of the Community
Redzapsid's Avatar
Canada
1571 Posts
 Posted 03/18/2019  10:12 am  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
The book value really means nothing, as clearly illustrated by NCLT guide books.
Also, "BV" generally refers to "bullion value".
  Previous TopicReplies: 3 / Views: 1,317Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.26 seconds to rattle this change. Forums