Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Newbie Question On Collecting Canadian Currency.

To participate in the forum you must log in or register.
Author Previous TopicReplies: 9 / Views: 1,786Next Topic  
New Member
MoS's Avatar
United States
4 Posts
 Posted 01/23/2011  4:15 pm Show Profile   Bookmark this topic Add MoS to your friends list Get a Link to this Message Number of Subscribers
Hi, I am looking at some stuff on ebay. I just want to make sure I dont get ripped off. I read a lot of that going on lately too. How do I know if these items are the real deal? How do I know I am paying a good price for them? I am looking at a lot of silver quarters. How do I know if they are really silver? How do I know if they are really quarters and not fakes? Thanks a lot for your help :)

-Jo
Valued Member
FreezerBurn's Avatar
United States
135 Posts
 Posted 01/23/2011  4:35 pm  Show Profile   Bookmark this reply Add FreezerBurn to your friends list Get a Link to this Reply
Before you spend the first cent on currency or coins spend some on reference materials. $20 each will get you a Charlton Standard Catalogue of Canadian Government Paper Money and a Charlton Standard Catalogue of Canadian Coins Volume 1 - Numismatic Issues

COINS and COIN PRICES magazine usually have a Canadian Trends issue in March. Canadian Coin News is another recommended reference. It has Trends also, but in $CND, not in $USD.
Edited by FreezerBurn
01/23/2011 4:40 pm
New Member
MoS's Avatar
United States
4 Posts
 Posted 01/23/2011  5:02 pm  Show Profile   Bookmark this reply Add MoS to your friends list Get a Link to this Reply
ok, Thanks. We dont have the books but I do know we get the magazine. I will have to get the book on coins, not into paper money. And the Canadian Coin News. Thanks for your time.
Valued Member
FreezerBurn's Avatar
United States
135 Posts
 Posted 01/23/2011  5:07 pm  Show Profile   Bookmark this reply Add FreezerBurn to your friends list Get a Link to this Reply
You are welcome!
Pillar of the Community
cladhunter13's Avatar
Canada
1161 Posts
 Posted 01/29/2011  3:39 pm  Show Profile   Bookmark this reply Add cladhunter13 to your friends list Get a Link to this Reply
If you are worried that a lot of silver coins may or may not be real...be sure to check the sellers feedback. Anything lower then 100% I always check the feedback left for the seller to see why they received negative feedback. Also pay attention to how many transactions they have on ebay. I usually like to make sure the seller his at least 100 transactions with the majority of them as sales. Of course that number will vary depending on what the item is and how bad I want it. :) Go with your gut. If you feel uncomfortable...do not bid.

Do some research on what you are interested in buying. Know your melt value of silver coins if that is what you are interested in buying. Be sure to read the sellers description completely and understand what they are saying. Are you buying the coins to collect or for their bouillon value. There is quite a few questions you need to make a decision about before making a purchase. I learned that the hard way. LOL!

Good luck and have fun. This is a excellent hobby.
Valued Member
soccerdad's Avatar
Canada
311 Posts
 Posted 01/29/2011  5:05 pm  Show Profile   Bookmark this reply Add soccerdad to your friends list Get a Link to this Reply
Fake Canadian coins tend to be key dates and usually in nicer grades. If you are buying coins like this and you really want to be careful higher price coins should be bought from a reputable dealer. Feedback ratings are also a very good indicator.
Valued Member
Canada
274 Posts
 Posted 01/29/2011  5:39 pm  Show Profile   Bookmark this reply Add yves to your friends list Get a Link to this Reply
Hi !

Fake coin can be absolutly any coin, I know a men that it make some search on fake coin's and I buy around 50 fake coin's that I had see. It can be anything, I see fake coin's with value of 2-3$ in F-VF condition. Some of his coin's need a lot of her time to determinate that it's a fake, it just make more and more search because the seller tell it that it's fake. He must work with photoshop and some other tools to see the difference... I'm sure that for a lot of them that any grading compagny will not see the fake and grade them like genuine coin's.

For fun I will try to contact him to have a scan... if he accept you can be very surprised.

THanks !
Valued Member
TwoCentsWorth's Avatar
Canada
250 Posts
 Posted 01/29/2011  10:00 pm  Show Profile   Bookmark this reply Add TwoCentsWorth to your friends list Get a Link to this Reply
As above, try to know what you are buying and find market prices (JandM's has prices) and Charltons guide.

Try to buy from people with lots of sales (more than a few hundred at least).

Try to buy from people with 100% feedback...this being said, feedback means almost nothing. Many of these "power-sellers" use a lot of aggression and intimidation to keep their precious feedback score. So a guy with 100% may just be really good at damage comtrol. I've been banned from buying from many sellers just because I asked them questions about their item (if they think you are on to their scam they won't sell to you) and keep their feedback strong.

Above all, try to learn as much as you can about what you are buying...and always check the shipping price (some of these guys charge huge amounts to cover any losses they may suffer on the bids).

I've spent a lot of money on junk...I accept that this will happen on ebay. That being said, I've been able to find a winner or two as well so it evens out.

If someone rips you off...leave them negative feedback. It's the only way we can tell others what happened.

Have fun but keep an open mind!
Valued Member
Canada
274 Posts
 Posted 01/30/2011  12:00 am  Show Profile   Bookmark this reply Add yves to your friends list Get a Link to this Reply
Hi !

With the time I see that more the feedback score are high more poor is the service and communication. A lot of seller sell more of what it can...

Thanks !
New Member
MoS's Avatar
United States
4 Posts
 Posted 01/31/2011  08:59 am  Show Profile   Bookmark this reply Add MoS to your friends list Get a Link to this Reply
Thanks a lot for all your wonderful information and replys to this thread. :D
  Previous TopicReplies: 9 / Views: 1,786Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.29 seconds to rattle this change. Forums