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 Replies: 13 / Views: 1,886 |
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New Member
Canada
4 Posts |
the table in the book gives the date, mintage then it goes into AU-50 = 5., AU-55 = 8., MS-60 = 10. and so on. does the ( 5.) mean five dallors or .05 cents? Edited by MMoore013
12/11/2008 10:38 pm
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Pillar of the Community
United States
3098 Posts |
 to the forums! Most likely it means 5 smacks, because I don't think you can get anything these days with 5c.  Edited by wd1040
12/10/2008 11:37 pm
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Pillar of the Community
United States
5318 Posts |
Yep, in Canadian dollars. |
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Pillar of the Community
United States
1571 Posts |
It boils down to: If you want quantity, go Canadian. If you want something less, go US. Poetry un intended, but welcome.LOL Collect what you want, and evaluate it by thaty countries standard. It is less confusing, trying to convert, from one to the other. I collect both, so it is easy to get all-dalled-up, trying to figure what each is worth. Look at it this wat: If it is silver, the country makes no difference. The basic value of your collection is: 1. What you put into it, cost-wise, (if you are going to sell it one day. I don't sell, so not to worry. It's value, to me is the satisfaction IO get, from adding a hard to find coin to it! It is not complete, buy any means, but I would be hard-pressed to duplicate it. The memories that go with certain coins are a part of my life. If you "collect" to derive an investment, then I would noy seek varietiees, rather Proof, Gold, and last, bullion. So you have a ton of silver bars, rounds, etc.Any fond memories to go with it?
Sorry about getting "carried-away", but It happens. hope nobody minds!
Dick
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Pillar of the Community
United States
5318 Posts |
It's fine...we all need to write sometimes, look at me, at 5000+ posts LOL.
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New Member
 Canada
4 Posts |
I am not a collector I just grabbed the book from the library to look up some of the coins my wife likes to bring home. It seams that they all say 5. I did not think that they were all worth $5. Five cents sounds closer For example she has the 1967 .05 cent. How much would you say it goes for, not that we are looking at selling them.
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Pillar of the Community
United States
5318 Posts |
Charlton's lists values for specific grades. The difficulty I see in those "values", is they're often too high for newer coins which have far less collector demand. Sure, collectors like the Centenary coins, but usually they get the proof set from the RCM and be done with it. I really like those coins, but they're rather common and not worth much in circulated grades. I've bought a few of the goose dollars in nice grades, but paid only silver value. |
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Pillar of the Community
United States
1571 Posts |
Kurt, I had noticed the totals. you have been here a lot lomnger than I ralized! On the other forum we belong to, my totals are for just over two years. About 100/month! That's a lot of BS, er chatter!
Dick
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Valued Member
United States
493 Posts |
Regarding the 1967 nick pricing, you can buy UNC rolls in the $8-12 range so a circ coin is pretty much face value. The low end would be in a tube or paper roll, the high end a bank roll.
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Pillar of the Community
Canada
1554 Posts |
 I don't know about how you coin gangsters feel about the Charlton Coin Cat. pricing , however, I feel coins listed in it are too over priced. I feel they should be cut by 50% across the board. The other day I paid $5,000.00 Can$ for an I.C.C.S., Round Top, 1893 dime, Obverse #6, EF-40. The seller was firm on the price and he kept quoting the Charlton price guide. I feel like I got robbed at gun point, oh well a lesson well learned! Glenn |
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Pillar of the Community
United States
5318 Posts |
Glenn, Hmm...a R3 in EF40 for only CAD $5000? If there's an exception, it seems that coin qualifies. I know a good Canadian dealer who recently sold an ICCS F15 for $4K. Not a coin I'll buy now, but you did well.  Btw, I'm done with your coin--thanks for the look! I'll mail it back in the morning. |
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Pillar of the Community
Canada
1471 Posts |
Can you believe Trends (Canadian Coin News) has the EF40 Round Top 3 at $7000!! Thank God these pricing lists are guides only.
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Valued Member
United States
324 Posts |
An Obv.6 Round Top 3 graded EF45 by ICCS (and AU53 by PCGS) sold for $3,450 USD on Jan.12, 2003 on a Heritage Coin auction. That's almost 6 years ago now. The price includes the Auctioneer's fee. At that time the Canadian Dollar was worth about $.65 USD. This means that this trade in Canadian Dollars was worth $5,300. Since that was an auction transaction, it means the price should be lower than a retail transaction. A retail transaction is normally about 50% higher than an auction transation, and most price guides list retail prices or book value - and not auction prices. So an auction trade at $5,300 translates into a retail price, or book value, or price guide price of $7,950. There are several other trades of this coin on the Heritage site. So I would say you got the coin for a good price. Unless of course it has fallen in price recently....
When it comes to using a price guide that lists retail pricing or book value pricing (as most of them do), you are supposed adjust the pricing according to the venue you are buying from. If you are buying from an auction, then you adjust the price down accordingly for the auction. You also have to make adjustments in pricing for certified versus non certified coins relative to retail value.
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Valued Member
United States
324 Posts |
I should have mentioned that this very same coin sold via the Heritage site agail on Sept. 13, 2006 for $8,625 USD (including Auctioneer's fees), or about $9,650 Canadian dollars (given the .8936 exchange rate at the time). This gives a book value of $14,475 for an EF45 coin. Again, the price you got was good...
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Replies: 13 / Views: 1,886 |
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Posted 12/11/2008 01:09 am
