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 Replies: 15 / Views: 9,270 |
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Valued Member
Canada
442 Posts |
Hi all, Hoping I'm posting in the right spot. Just moved into a new home and while going through some stuff, We cracked open a suitcase that belonged to my dad. I remember seeing this collection when I was a kid and completely forgot about it. There was some good stuff and some fond memories of going over them. Alot of pre 67 Canadian quarters with the caribou and a cougar? Bank notes of various denominations,etc. as well as the 28 silver coin set of the Montreal olympics (although 3 are missing) Some of the real gems were the Montreal 1976 gold coins. There were about a dozen of the 14k, as well as one 22k 100$ coin. Surprised my pops would even collect coins, doesn't seem like the type! Anyways, the ones I'm having trouble finding info on are 3 ~2 inch in diameter coins. Originally I thought they were olympic memorabelia, but according to the wiki page, the RCM didn't have any olympic coins until 1973. The coins I have are for Hockey, Canada vs USSR, 1972. Upon further investigation, I would have to assume that this was for the 1972 summit series, A mini hockey tournament between USSR and Canada. I remember the 1987 gretzky - lemiux goal, but this was a bit beyond my time! The only thing I found so far was this auction: http://www.classicauctions.net/Defa...=19&lotid=39It appears to be a medal for the players, although I don't remember seeing it on mine (edge of coin) Anyways, it would be great to know more about them. I'm not in the market to sell them, just more info would be nice. Thanks! oh and of course.. pics! 1976 gold coins   The 1972 summit series coins/medals?      |
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Pillar of the Community
United States
2408 Posts |
Hello Vinny,  Phenomenal find, several thousands of dollars in gold alone. The Olympic coins never really pick up any numismatic value but certainly the metal content remains a key element and you would have no problem selling for top dollars, if that's what you want to do of course. Can't help you with the bronze/silver/gold summit medals though I don't think your dad would approve you holding them with your bare fingers... Good luck, and please report back if you find the answer. |
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Valued Member
 Canada
442 Posts |
Thanks for the welcom CC! eep... yea I was wondering about how I was handling them.. although to be honest I've played with these coins so much when I was a kid they probably have my grubby prints all over them. Is there a proper way to handle/care for them? I suppose I should get a plastic case somewhere. Strange that I have 2 holders with no plastic case, and the bronze came with a plastic case and no holder :S There is a stain or discoloration on the gold one:  Should I try cleaning it? Or will I wreck it by trying to restore? Also, the imprint on the gold one says 20 karat gold. The size of this thing is about 2 inches in diameter, and about 1/4 inch thick. I would say at least 10x the weight of the 22k olympic gold coin. Is it safe to say I have a good chunk of precious metal? It seems too shiny compared to the olympic coin. I'll take some better pictures tonight. |
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Valued Member
Canada
442 Posts |
oops image didnt' show up and I can't seem to edit the post. Here is the picture of the discoloration |
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Valued Member
423 Posts |
Edited by realpenny
01/14/2011 2:31 pm
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Valued Member
Canada
442 Posts |
thanks realpenny!
Might just pick that up to add an extra case I need for my bronze piece.
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Valued Member
Canada
250 Posts |
In general you should never try to clean any coins unless you want to reduce their value. Also get some 2X2's or other method of keeping them safe from fingers and damage. The more pristine the condition the more value.
Very nice collection there, I'd be very happy to know that my children and grandchildren were taking an interest and adding to my collection over the years.
Have fun learning about them!
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Valued Member
Canada
442 Posts |
Thanks 2cents. It has been an interesting ride indeed. Learning about the difference of face value vs numistic value vs melt value. Just thought I'd share a few of the paper dollars that was in the case as well.. Dont know much about them.. but I apprently have one that has that "devils head" I read bout in another thread here.  A bunch of pre 67 silver coins and others mixed in. Surprised how much silver is worth nowadays. (unfortunately the silver dollars are from 69 and above)  Also, I use to work at the mint! From Winnipeg, and worked there for about 10 months as a student program thing. Great pay, but very numbing work. Example, they would fill these hoppers with coins, and sometimes you'd get pennies mixed with something else. So what do they do? They dump this hopper on a conveyer belt and get us students to pick out pennies by hand! boring as hell, but they paid well so couldn't complain :P Anyways gave this to me as a christmas gift. Think every employee gets one.  So thats pretty much my collection so far! And quick question, how do I figure out the melt value of a coin? for example, the 1972 summit series gold coin is I think 2.11 ounzes (i got this from the link realpenny posted, assuming the silver coin and gold coin weigh the same)and then multiply by the value of 20 karat gold? Is the value of 20 karat gold a percentage of 24 karat gold? i.e 83% of the price of 1 ounce of 24 karat gold which is ~$1300? cheers, |
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Pillar of the Community
United States
2408 Posts |
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Valued Member
Canada
442 Posts |
@ realpenny, Just wondering if you've purchased from canadian Bullion Exchange? are they a reputable company?' cheers, |
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Valued Member
Canada
276 Posts |
I get most of my coins from colonialacres.com, and gold/silver bullion from my local gold/silver coin shop - they charge about melt, a tiny bit over.
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Valued Member
423 Posts |
No vinnycoin, I have not dealt with them nor do I know anything about them (good or bad). I was just trying to point it out to you.
Maybe someone else knows something, if so please speak up.
I have dealt with colonialacres.com and I have had no problems with them. You could give them a call to try your luck. They might have an empty case even? It won't hurt to email and ask.
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Valued Member
Canada
442 Posts |
@rodime, how much is shipping form colonialacres? What city are you in Canada? I tried looking it up and I can't find anywhere that sells close to melt.
@realpenny, ok thanks for your help anyways! Will check out colonial for sure.
Thanks guys.
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New Member
Canada
1 Posts |
Hello Viniecoin.
I also have the exact same set of 1972 summit series coins that I got from my great aunt after she passed away this summer. I have had them appraised as far the metal content goes, but also have not found any information or value for them as far as sports memorabilia. Have you found out anything that you can share with me.
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Pillar of the Community
1007 Posts |
bazinga |
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Moderator
 Australia
16850 Posts |
Just a note for those of us that don't notice such things: this thread has been bumped from a couple of years ago.  A closeup pic of the case, as seen on the one being sold on this dealer's website, reveals the maker to be "Wellings". Wellings Mint was a Franklin Mint style mass-producer and mass-marketer of medals, based in the suburbs of Toronto, Ontario. They only existed under that name for a brief time, from their opening in 1971 until they were assimilated by the Franklin Mint in 1973. All of their products I've found seem to have a Toronto, Ontario or Canada theme to them. The "hallmarks" on the rim of the gold medal strongly resemble the distinctive Franklin Mint hallmarks, with the Wellings logo replacing the FM mintmark, so it's possible that Wellings was merely a Canadian subsidiary of Franklin Mint right from the beginning. As for price, the silver example being offered by the dealer I linked to above has an asking price well above the bullion value. So it's reasonable to assume the other metals would as well. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Replies: 15 / Views: 9,270 |
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Posted 01/14/2011 2:22 pm
