| Author |
 Replies: 13 / Views: 4,005 |
|
|
Press Manager
 United States
1420 Posts |
PCGS - In the series of Canadian Silver Dollars minted from 1935 through 1967, one regular-issue coin reigns supreme both in terms of rarity and value. That piece is none other than the 1948 King George VI Dollar, a coin with a tiny mintage and a major place in Canadian numismatics. 
The 1948 King George VI Canada Dollar is one of the most sought-after coins in all of Canadian numismatics. Aside from its date, the 1948 Canada Dollar at first glance may appear nearly identical to its other King George VI Dollar counterparts, with its 80% silver content, weight of 23.33 grams, diameter of 36.06 millimeters, and reeded edge. The King George VI Dollar carries an obverse designed by T.H. Paget, while its reverse by Emanuel Hahn bears the likeness of a Canadian voyageur and Native American cruising in a canoe under the Northern Lights on an evergreen-traced lake. Yet, there was one minor but important change that affected the 1948 Canadian Dollars. Production of the Canadian Dollar was suspended in 1940 when Canada joined the Allied Forces to engage in World War II. It was a period of great tension around the world as Canadian forces, along with the militaries of Great Britain, France, the United States, and others combated the Axis Powers in Europe, Asia, and North Africa. While World War II ended in 1945, much of the world remained in sociopolitical turmoil for years afterward. Read the Entire Article
|
|
|
|
Bedrock of the Community
United States
94367 Posts |
Great read as usual, thanks.
|
|
Pillar of the Community
Canada
1505 Posts |
Have a question for this:
where does this leave the 1947, pointed 7 with dot?
this coin is much scarcer than the 1948. it eventually will be more expensive than the 48.
Just MO.
|
|
Valued Member
Canada
321 Posts |
Exactly what I tought ! the 1948 dollar is the lowest mintage silver dollar, but its clearly not the rarest
1947ML (if we consider it as a date and not just a variety) is probably more rare than 1948, I don't know if 1947 as a whole is rarer than 1948 since the Pointed 7 and Pointed 7 with dot are varieties.
|
|
Pillar of the Community
Canada
1505 Posts |
AND, the 1947 ML is actually a "1948"!
|
|
Pillar of the Community
Canada
5394 Posts |
There are no RARE or unobtainable Canadian Silver Dollars at all .
One could put together a complete set of 1935-67 Dollars including a 1966 SB with
a maximum of 3 Telephone calls and the writing of a couple of large cheques
inside three hours . This would give you a set in MS 63 or better.
As they say , all it takes is money .
Edited by Pacificoin
11/13/2020 11:26 am
|
|
Moderator
Canada
10458 Posts |
Although this post is just from a news bot, the title is misleading.
The 1911 silver dollar is the rarest (unless you are referring to those released for circulation).
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Pillar of the Community
Canada
1505 Posts |
SPP,
I purposely did not mention 1911. Most collectors do not even know that there is such an animal.
Pacific,
I have the set incl the 67s and 66SB (PL65). But it is not 4 sale at this time. However, you are right: everything has its price.
|
|
Pillar of the Community
Canada
5394 Posts |
The article in the first line specifically refers to " Series of Canadian Silver Dollars minted from 1935 through 1967 , one Regular- issue.......". The 1911 Dollar is a storied PATTERN piece and NOT a regular issue coin . Also , over time , taking the numerous sales of the piece at various times , has been a terrible performer Investment wise . To think that it once sold for over a million dollars ( Carlton circa 1981). I for one would certainly wish to have the $2,863,366.34 that that figure is adjusted for inflation today!! The pattern recently garnered a mere $552000 at the Cook Sale . That figure really is in line with McKay Clements 1961 sale of $55,000 ( today's value adjusted 478,974.53 ). Source http://www.in2013dollars.com |
|
Valued Member
Canada
321 Posts |
For exemple, 1,000,000$ invested in the S&P500 in 1981 would worth around 74,500,000$ today (all dividend reinvested and no tax)... its 135 times better than the 1911 dollar yield...  Edited by Dollar 1935
11/13/2020 5:27 pm
|
|
Pillar of the Community
United States
4233 Posts |
"The production of 1948 Canadian Dollar began during the middle of the year..." - I thought they were all minted during three weeks (or something) in December. UK and Australia didn't have a problem with IND:IMP on 1948 coins, which is interesting. 1947ML to me is seriously undervalued for the "other 1948" coin, but it seems like it always will be.
|
|
Pillar of the Community
Canada
1505 Posts |
just sort of thinking in writing: who actually does decide the pricing of coins? I know, I know...auctions, dealers, etc... sales by individuals, Now, if we all get together and decide to price our 47ML or whatever, higher by $ 500 (or any amount as long as we all, collectors who are selling, and dealers, do it unanimously ? what would happen? and how would that fly? would that be a conspiracy or would that be just "business"? I know it is sort of dumb to even suggest that... but, just thinking  |
|
Pillar of the Community
Canada
5324 Posts |
You can by just buying every 47ML at shows and auctions for 500 bucks more and the trend will adjust, but once you stop buying it would find it's true value. I mentioned before at one of the GTA shows, a dealer had a first copy of CCN I believe it was in the early 1960, a full page ad offering 200.00 for UNC 1948 dollar, simply this coin has the lowest mintage. All coins are money coins, remember the tulip bug coin use to sell for years at close to 2000, now it's half of that or lower, the market always speaks
|
|
Pillar of the Community
Canada
5394 Posts |
The reason that the 1947 Maple Leaf dollar has never flown to the heights , ( pricing wise) of the
1948 is due to the fact that there are three DATED 1947 Dollars . A lot of collectors just wish to
add a single piece with the 47 date .
The 47 ML is one of my favourites along with the 45 . Both in my opinion are very underrated.
I would agree with H that the 47 ML should be much higher in price , but simple supply and demand
dictate otherwise.
Myself , when I see a nice ML or 45 , I just smile , buy and salt away!
|
| |
Replies: 13 / Views: 4,005 |
|
Posted 11/12/2020 10:20 am
