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Snowy Owl Loonie

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malissadawn's Avatar
Canada
1931 Posts
 Posted 11/08/2008  06:23 am Show Profile   Bookmark this topic Add malissadawn to your friends list Get a Link to this Message Number of Subscribers
I have a specimen sets that include the canadian snowy owl loonie. This dollar was not released into circulation, only in sets. I would like to take them apart and put in 2x2's. I like to pencil in current values onto my 2x2's but have a problem. My charlton lists the value as sp66 $50, sp67 $100. What is the difference? How do I decide which value to assign and (if ever) assign a resale value? ebay is no help as it only had sets listed or single loonies in not great shape.

thanks for help
Malissa
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canadian_coins's Avatar
United States
2408 Posts
 Posted 11/08/2008  6:30 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
Hi Malissa,

Charlton's tips on higher grades varies from one edition to the next. For instance, the 61st unlike the 63rd had a lot more guidance on the subject. Gem Uncirculated (Specimen) SP-67, like MS-67 "coins will appear as perfect coins to all but the most expert of graders."

Snowy-Owl-Loonie

Malissa, what that means is that in those upper grades few can really tell the difference. So why pay for that difference? There is really no quantitative measure to rely on. If certified, I'm sure your coin could go either way.

The bottom line is that, without certification, and to avoid any future disappointment you aught to value your coins in a conservative manner.

Marc

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malissadawn's Avatar
Canada
1931 Posts
 Posted 11/08/2008  7:42 pm  Show Profile   Bookmark this reply Add malissadawn to your friends list Get a Link to this Reply
so presumably value it with the lowest listed value in the book? I think that would make some sense since they arent officially graded.
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canadian_coins's Avatar
United States
2408 Posts
 Posted 11/08/2008  9:49 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
Yes, and also Charlton states that pricing on specimen and proof coins that have been removed from sets is based on Certified coins. Ref. 63rd Ed. p.149, note 1.

Marc


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NumisMattyUk's Avatar
United Kingdom
2217 Posts
 Posted 11/12/2008  11:22 am  Show Profile   Bookmark this reply Add NumisMattyUk to your friends list Get a Link to this Reply
I don't know about grading but it looks like a cool coin!
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