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








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!

Great News-- The Value Of Your Canadian Collection Has Increased By 30%

To participate in the forum you must log in or register.
Author Previous TopicReplies: 19 / Views: 4,435Next Topic
Page: of 2
Pillar of the Community
silverwolf's Avatar
Canada
3733 Posts
 Posted 09/23/2019  8:35 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
i was also at at a recent coin show, and of course every certified coin, has a price sticker on it of full trends,
Try to offer a dealer 40-60% of trends, see how quickly you are on the , I don;t want to talk to you list..

in closing, if you can buy un certified, coins for 40% of trends, good for you, but then you have to resell them to someone who knows what a coin is worth , without a grading.. and that market is extremely small..
Pillar of the Community
Canada
576 Posts
 Posted 09/23/2019  9:18 pm  Show Profile   Bookmark this reply Add tamarin to your friends list Get a Link to this Reply
Silverwolf, I love raw coins and am very comfortable with grading. I use ICCS when I have to and have mentioned before the easiest series to benefit in this is the GV nickel series. Buying raw and then certifying. I have certified two groups in the last year consisting of eight and fifteen coins, all MS coins picked up raw on ebay and certifying mainly MS-63 and MS-64 and I paid in all cases but one less than $20 each. But that series is an exception. It is made for people who can recognize a grade from a picture. But scarce coins come up regularly. Purchased in the last three weeks and all at 40% of trends or less include: 1927 quarter in EF, 1891 SDLL obv. 3 in AU-50, 1885 Small 5/5 in VF-20, 1908 Canadian half in VF-20,1908 Large Date five cents in VF-20, 1886 large cent RP6 in AU-55 and those are just some of the scarcer issues. I don't often agree with a certain Trends editor but he's right on one thing: there is a huge amount of estate material coming into the market now and that flood will only get larger. Don't overpay.
Valued Member
United States
467 Posts
 Posted 01/06/2020  5:10 pm  Show Profile   Bookmark this reply Add justanothercoinaddict to your friends list Get a Link to this Reply
When I saw the title of the thread I began to immediately suffer from a case of, "Oh I Wish That Were True".

I started collecting Canadian coins in earnest in 2005, and those were heady days for the Canadian dollar. I bought the bulk of my expensive coins prior to the 2008 downturn, and when the Canadian dollar was at par, near par or, for a brief period, higher than the USD.

Of course, being from the U.S. and buying at par was the equivalent of taking an automatic haircut of 25% when the exchange rate changed, practically overnight. Factor in the 2008 market collapse and it's a huge ouch for my collection. Under water doesn't begin to describe the value of my collection now.

That being said, I'm still forging ahead, darn the torpedoes. I have about three hundred pieces on my Canadian want list still. I am not seeing evidence of the great bargains that people have been getting though, save for one lonely 1912 twenty-five cents purchase on ebay several months ago.

Pillar of the Community
doubleeagle59's Avatar
Canada
2495 Posts
 Posted 01/07/2020  09:24 am  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply

Quote:
Factor in the 2008 market collapse and it's a huge ouch for my collection. Under water doesn't begin to describe the value of my collection now.


Reason #1 why the market stinks (collector got burned)

Reason #2 from 2008 to 2011 every collector was buying silver and then in late 2011, guess what happened? Silver market cratered and the collector got burned big time a second time.

OUCH!!

Two BIG reasons why the market stinks and probably will not recover until silver hits $50 Canadian, which could be a very long time!
Edited by doubleeagle59
01/07/2020 09:26 am
  Previous TopicReplies: 19 / Views: 4,435Next Topic
Page: of 2

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 0.23 seconds to rattle this change. Forums