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Hypothetical Contest For All Canadian Coin Collectors!

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Author Previous TopicReplies: 9 / Views: 1,770Next Topic  
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glenzy1's Avatar
Canada
1554 Posts
 Posted 02/15/2011  6:33 pm Show Profile   Bookmark this topic Add glenzy1 to your friends list Get a Link to this Message Number of Subscribers
WOW, here's one to keep ya busy from that cold winter storm brewin' outdoors! An E-bay "seller" has a coin you can't live without, an AWESOME Canadian decimal between the dates 1858-1967, however, you don't have the cash/credit to make payment. You have made many upgrades to your collection leaving you with a dozen + traders in your arsenal. You, the "buyer" send the seller an e-mail stating "would you be interested in taking a trade on that coin for an equal trend value of what I have to offer?"
After seller sees what you have to offer,seller states you are $140.00 short of trends to make an equal trade. Seller's coin is valued @ $3,700.00 Can. and the total of your "nine" trader coins trend @ $3,560.00.
You then send seller another e-mail stating you will add a tenth coin bringing your total trend value to $3,860.00. Seller now agrees to the trade and the coins are now Expresspost to their respective parties to each's mutual satisfaction! QUESTIONS:
1.>What is the average trend value of the buyer's initial nine coins?
2.>What is the trend value of buyer's tenth coin?
3.>Now, if you have figured out the answers to the above two questons, tell me "what the coin is" that the buyer purchased from the seller? Remember, you only have one educated guess and the trend values are based on current C.C.N. trends.
Whoever guesses the correct answer will win "the coin!"

Glenn
Edited by glenzy1
02/15/2011 6:36 pm
Valued Member
Canada
153 Posts
 Posted 02/15/2011  6:53 pm  Show Profile   Bookmark this reply Add R2bR2c to your friends list Get a Link to this Reply
In the 3/1 - 3/14 issue of CCN, I can't find a single coin that trends for $3700. The average of the guy's first 9 coins is $3560/9 which doesn't come out even. The 10th coin trends at $300. I don't understand the contest.
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yotie's Avatar
United States
3077 Posts
 Posted 02/15/2011  7:00 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
1=$395.55
2=300

Very scarce 1947 DOT 5 CENT. PCGS MS66
do ya need my mail addy?
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Canada
9865 Posts
 Posted 02/15/2011  7:13 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
1880 newfoundland 20c MS62
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timnic44's Avatar
Canada
535 Posts
 Posted 02/15/2011  9:34 pm  Show Profile   Bookmark this reply Add timnic44 to your friends list Get a Link to this Reply
1933 MS60 five cent
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TwoCentsWorth's Avatar
Canada
250 Posts
 Posted 02/15/2011  10:03 pm  Show Profile   Bookmark this reply Add TwoCentsWorth to your friends list Get a Link to this Reply
The answer to all your questions is:

What are some coins that have never been in my kitchen?
Valued Member
NickleHalfDime's Avatar
Canada
94 Posts
 Posted 02/15/2011  10:44 pm  Show Profile   Bookmark this reply Add NickleHalfDime to your friends list Get a Link to this Reply
1. the average value of the buyer's initial nine coins 395.56 $CAD
2. The tenth coin has a trend value of 300.00 $CAD.
3. According to trends from CCN Feb 15-28 the buyer bought an 1880 Newfoundland 20 cent coin in MS-62 grade.

It's the only coin I found with that trend value, and yes I know I'm not the first to use this as an answer but it's the only one I found as well.

I did remember to answer the first two question though. You gotta read the instructions DBM!
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1cent's Avatar
Canada
1051 Posts
 Posted 02/16/2011  10:36 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
If a coin trends at $3000 in EF, and $4400 in AU, an EF-45 has a trends value of $3700, despite not being listed in the columns ;o) $3700 sounds like a split-grade price to me.
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guppie1160's Avatar
Canada
307 Posts
 Posted 02/18/2011  08:48 am  Show Profile   Bookmark this reply Add guppie1160 to your friends list Get a Link to this Reply
ok glenzy1

ya got to find a new hobby.... is what I felt like reading your post....

my answer is whatever the winner says
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Canada
9865 Posts
 Posted 02/26/2011  11:33 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
What happened with this contest? Hypothetically of course.
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