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High Grade 1964 PCGS Silver Dollar On Ebay With Very Active Bidding

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wallyb's Avatar
Canada
557 Posts
 Posted 01/03/2023  12:44 pm Show Profile   Bookmark this topic Add wallyb to your friends list Get a Link to this Message Number of Subscribers
*** Edited by Staff to clarify topic title. Please put as much info in the title as you can, they are very important. ***


https://www.ebay.com/itm/255901962178
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Canada
9862 Posts
 Posted 01/03/2023  2:23 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I'll bite.
Besides Canadian geography and history what is it the foreign seller doesn't know?
It's just an unattractively toned MS65+, not even a missing dot.
There's 11 bidders and they're not even at 50% of Trends yet.
"Dipping" is not considered cleaning...
-from PCGS website
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Canada
5584 Posts
 Posted 01/03/2023  2:54 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
I don't understand why the original owner even paid to have it certified. Two grades down and it was scrap silver. Trends is in Canadian dollars; the auction is in US.
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Pacificoin's Avatar
Canada
5392 Posts
 Posted 01/03/2023  6:38 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
That's why he certified it .

Thought it was a likely lock to grade 65 or better .
That is what the grading game is
taking shots . Any one who takes the time
to stay up with the current standards is going to
win more than enough times to cover any disappointments.
The title for this thread is rather puzzling as well .
I for one think this seller knows exactly what they are doing !
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wallyb's Avatar
Canada
557 Posts
 Posted 01/03/2023  8:12 pm  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
Disregard, my error.
Edited by wallyb
01/04/2023 7:21 pm
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skip79's Avatar
Canada
403 Posts
 Posted 01/03/2023  8:20 pm  Show Profile   Bookmark this reply Add skip79 to your friends list Get a Link to this Reply
As Pacific said, the grading game is about taking shots (after doing your homework, of course). I do the exact same thing. I study the coin and understand the grading methodologies of the TPGs, and whenever I find the right grade or variety worthy of submission, I take that chance.

When I take those chances to certify items that I've weeded out from my various hunts, I'm generally pleased when they come back 9 times out of 10. Even in those rare instances where I vehemently disagreed with a grade or attribution, I use to take them directly to Brian Cornwell (RIP) to re-examine, and he generally agreed with me and made the corrections.

I have long found Trends and Charlton prices to be merely speculated values that have never resembled my lived experiences whether buying or selling. But from my observation, more often than not a buyer will buy a certified coin that says MS-65 or higher, regardless of all else -- even price!

The grading game is a fun game, provided you do your homework and know what to look for; and I think this referenced ebay seller knew exactly what he/she was doing.
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darryldarryl's Avatar
Canada
2425 Posts
 Posted 01/03/2023  8:52 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
One of the most unattractive coins I have ever seen.
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Canada
1984 Posts
 Posted 01/03/2023  8:54 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
The 1964 dollars commemorated the conferences held in 1864 as a prelude to Confederation...one in each of Charlottetown and Quebec. Hence Quebec appears on the dollar and is the correct description. The seller perhaps knows best!
Edited by Smallcentguy
01/03/2023 8:57 pm
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wallyb's Avatar
Canada
557 Posts
 Posted 01/04/2023  1:09 pm  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
Maybe
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ijn1944's Avatar
United States
19111 Posts
 Posted 01/04/2023  1:33 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
I do like the toning--just me, not attempting to force others to love it.

I suspect the seller has an inkling of what's going on.
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skip79's Avatar
Canada
403 Posts
 Posted 01/04/2023  2:43 pm  Show Profile   Bookmark this reply Add skip79 to your friends list Get a Link to this Reply
I've always found toning to be subjective to the eye of the beholder. It depends on both the coin and the overall appeal it has to a given collector/buyer.

Personally, I have many toned coins in various MS & SP grades, some certified, others self-graded. Some I like, some I don't, while others I'm completely indifferent about the toning entirely. Meanwhile other people may take a more definitive position on toning one way or another; all of which is part of the preferential personalized choices that makes the hobby enjoyable.

Notwithstanding, grading toned coins can be quite challenging to the untrained eye. The seller (or whomever submitted this coin for certification) clearly had the eye for it to take that TPG chance, and because of it, we're seeing this seller's beneficial outcome unfolding in a free market where buyer motivation will ultimately dictate the price. Obviously, this seller attracted some motivated buyers on this one, and I believe that TPG certification was a leading catalyst for the multi-bidder interest we're seeing. Good for them and I hope both resulting parties in that forthcoming transaction are satisfied -- which, at the end of the day, is all that really matters.

Every buyer is not necessarily an informed collector, while every collector is not necessarily an informed buyer. Every seller, however, desires an optimized return, regardless of how informed any party is.
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SPP-Ottawa's Avatar
Canada
10456 Posts
 Posted 01/04/2023  2:47 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I edited the title of this thread for two reasons:

1) clarity, which only helps for searches later on or for browser searches outside of CCF

2) the assumption of the seller not knowing geography (which may be correct, they are from Georgia and as Rick Mercer once demonstrated, American's knowledge of Canadian geography is not stellar), when in fact it is perfect correct calling it a "Confederation' (PCGS label) and 'Quebec' silver dollar (it's right there on the coin).

More information on why this dollar was made as a commemorative here: http://www.biographi.ca/en/theme_co...es_1864.html
"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 Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Levaril's Avatar
Canada
289 Posts
 Posted 01/04/2023  7:08 pm  Show Profile   Bookmark this reply Add Levaril to your friends list Get a Link to this Reply
I personally don't like the toning on that coin, but that is entirely subjective. At the current grade, and believing that the TPG got it correct, that coin will easily hit the 400-500Cdn range in my opinion. Higher if two people decide they really want it. I wouldn't want it for what it's at now. Lol. That being said, I've paid well over trends for a coin I really wanted. Just need two people who will do that for an auction to go nuts.
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Levaril's Avatar
Canada
289 Posts
 Posted 01/08/2023  9:21 pm  Show Profile   Bookmark this reply Add Levaril to your friends list Get a Link to this Reply
Nailed the value. Lol. $475Cdn delivered to Canada anyways. Like I said I think it's fugly but there seems to always be someone who likes it out there regardless of what I think. I'm sure it's off to a good home. :)
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TheForce's Avatar
United States
4867 Posts
 Posted 01/09/2023  2:33 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I find I fascinating that toning isn't taken into account when a grade is assigned. That is one ugly coin! I appeal is important IMO. Toning isn't how the coin was intended to be. Perhaps its just me but I consider toning to be damaged.
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ijn1944's Avatar
United States
19111 Posts
 Posted 01/09/2023  2:58 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Toning can be so polarizing... To each their own.
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