Price Of 1948 Silver Dollar Keeps Dropping - Page 2

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Author	Replies: 24 / Views: 3,976	Page: of 2

doubleeagle59 Pillar of the Community Canada 2495 Posts	Posted 12/26/2019 8:38 pm I think these examples of 1948 sales prices reinforces my ongoing argument of why I prefe ICCS graded coins over NGC and PCGS for maximizing your value in Canadian coins. Report this Post to the Staff
Greasy Fingers Pillar of the Community United States 7036 Posts	Posted 12/26/2019 11:10 pm Would any of you, care to enlighten me on the big deal over a 1948 dollar coin, would it have anything to do with the end of the war?....just trying to learn more Report this Post to the Staff
Smallcentguy Pillar of the Community Canada 1984 Posts	Posted 12/27/2019 12:20 am It was a low mintage coin. India gained independence in 1947 and the latin relating to the king being the emperor of India (et ind imp) had to be deleted from the obverse. So in the time frame we have 1947, 1947 ML and 1948 (1947ML being a coin struck in 1948 with the old obverse). Edited by Smallcentguy 12/27/2019 12:21 am Report this Post to the Staff
johnnysprawl Pillar of the Community Canada 1620 Posts	Posted 12/27/2019 12:26 am It has the lowest mintage of all the silver dollars (18,780), ergo it commands the highest price Report this Post to the Staff
Greasy Fingers Pillar of the Community United States 7036 Posts	Posted 12/27/2019 12:34 am Thanks Report this Post to the Staff
Dollar 1935 Valued Member Canada 321 Posts	Posted 12/29/2019 1:01 pm (Double post) Edited by Dollar 1935 12/29/2019 2:34 pm Report this Post to the Staff
Dollar 1935 Valued Member Canada 321 Posts	Posted 12/29/2019 1:26 pm Do you think the specimen strike of the 1948 dollar can also be affected by this ? The PCGS pop show this year is fairly common in specimen (64 grader by PCGS, only beaten by 1937 and 1939 in matte ) but the price realized are usually way above most of the others years. So, I assume the price in specimen are strongly influenced by the relative rarity of the year in business strike... Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5394 Posts	Posted 12/29/2019 1:58 pm Affected by what ....so called drop in price of 1948 Dollars ? Highly doubt it , for the hundredth time the 1948 Dollar is a MONEY coin and the market for the issue is pretty solid . If you can't get close to Trends in Canada you sure will in the US . That is where most of the Nice ones end up anyways . Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 12/29/2019 9:47 pm Quote: I assume those prices from Heritage are in USD and do not consider the duties you would have to pay to have it shipped across border. Correct. Shipping and any relevant taxes aren't included in the Heritage prices Report this Post to the Staff
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