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 Replies: 11 / Views: 1,611 |
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Valued Member
Canada
367 Posts |
Hey guys I've tried selling this 1953 SF mule on ebay a few times for $230 and nobody bid, seems like a fair price to me? what do you guys say should I reduce it.   Edited by cazzuey
11/27/2010 09:40 am
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Valued Member
United States
294 Posts |
Just out of curiosity, why do think this coin is worth $230?
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Valued Member
 Canada
367 Posts |
Nuphinex dealers told me it was, Charlton also says it's even worth more, but then again charlton values are overpriced. A dealer said I could get a VF-30 "meter marks". Seems fair to me.
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Pillar of the Community
United States
2049 Posts |
Ok I feel dumb for asking but what is special about this coin or what are "meter marks"?
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Valued Member
Canada
367 Posts |
This coin is a scarce mule variety of 1953 5 cent pieces. As you can see on the photo it has a should fold, determined by the "unflared I in DEI". The maple leaf on the left side of "5 CENTS"
is far away from the rim. Making this a scarce mule. Meter marks are just scratches etc... from parking meters.
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Pillar of the Community
 Canada
9862 Posts |
The price you are asking isn't the problem.$230 is not an unreasonable price to ask for a 1953 SF far leaf in VF.From your photos it is difficult to be 100% certain of the variety of this coin.You should send it to ICCS or CCCS for certification before you try to sell it again.
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Valued Member
United States
294 Posts |
Keep in mind I am not questioning your intentions, but merely trying to learn. I am by no means an expert, especially on Canadian coins.
Correct me if I'm wrong, but isn't a mule coin one struck with mismatched obverse and reverse dies? If so, I don't see where that is the case with your coin.
I did see where there were 2 different Canadian 5 cent coins struck in 1953, km50 and km50a. The km50a does not appear to have a flared "I", and the maple leaf is farther away from the rim than the km50. Yours looks very similar to the km50a, struck from 1953-1962.
Again, maybe it's just my poor eyesight.
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Valued Member
Canada
276 Posts |
You know, if "dealers" tell you it's worth $230, and no one will buy it at $230, it sounds like the dealers are wrong. Besides, book prices are just ... well ... in a book. And ebay isn't a great place to sell coins either. Try a coin show, shop it around to a few coin sites (that sell to collectors) and FOR HEAVENS SAKE, get it certified! |
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Valued Member
Canada
367 Posts |
Is CCCS good for certification, it's quite close to me?
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Pillar of the Community
Canada
9862 Posts |
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Pillar of the Community
Canada
1248 Posts |
Here is my take on this:
Trends price for this Mule coin in VF 20 is CAN $ 400.
this coin is most definitely NOT VF20
Maximum F15, with the scratches only F12 pricing.
Now we have a trends price of CAN $ 300.
a dealer well NEVER pay 75% of trends. Might offer 50% of Trends, most likely only 35 or 40%, or even less.
Question: when has any of you ever paid a dealer 100% of Trends? Or even 100 % of his asking price?
do the math.. and be honest about it.
I would pay you maximum $ 140, incl. shipping, for this coin.
sorry guys, but these are hard facts...
NOW, if the coin would be AU50 or better...,.there would be a better market....
AND... this coin is NOT all that scarce...
H
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Valued Member
Canada
367 Posts |
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Replies: 11 / Views: 1,611 |
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Posted 11/27/2010 08:55 am
