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Key Dates For A New Collector?

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New Member

Canada
5 Posts
 Posted 04/13/2011  11:35 am Show Profile   Bookmark this topic Add Beadyeyez to your friends list Get a Link to this Message Number of Subscribers
I have a question regarding a collection I was just given. I have a rather large "assortment" of older coins that are in no kind of order at all. My parents had rolls and rolls of old Canadian coins. The problem is they really didn't know which were worth keeping or which ones should have been spent at face value. Is there a list or a "quick reference" somewhere that I can use to pick out the rarer "key" dates that require a closer look(for errors and such) as well to separate the common face value coins...or do I have to go through the catalogues for each coin I have? Thanks to anyone that can help.
Bedrock of the Community
United States
10284 Posts
 Posted 04/13/2011  11:43 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
http://coinsandcanada.com/coins-prices.php

That is a good link to get a nice idea of what to look for.
Pillar of the Community
cladhunter13's Avatar
Canada
1161 Posts
 Posted 04/13/2011  11:46 am  Show Profile   Bookmark this reply Add cladhunter13 to your friends list Get a Link to this Reply

Here is a good reference site that is very user friendly: http://www.coinsandcanada.com/coins-prices.php

When looking at the site...you can click on the individual date to get more info on the coin and some known varieties and errors if known. I hope it helps.you can also use this site as well:
http://www.coincommunity.com/canadian_coin_facts/
Have a look and enjoy going through the coins.
New Member
Canada
5 Posts
 Posted 04/13/2011  11:56 am  Show Profile   Bookmark this reply Add Beadyeyez to your friends list Get a Link to this Reply
Thanks for the quick responses. I also noticed this forum has an Australian coin section. It is almost like this site was designed for me...my mother was Australian and maybe 30-35% of the collection is Australian currency. I have alot of searching ahead of me. I am very glad I came across this community. Thanks for the help!!
Pillar of the Community
littlemoney's Avatar
Canada
902 Posts
 Posted 04/13/2011  12:35 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
The only problem I have with this site is no MS64, & that is also an important number.

http://coinsandcanada.com/coins-prices.php
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glenzy1's Avatar
Canada
1554 Posts
 Posted 04/13/2011  2:05 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Nice for you to join us! In my opinion I consider all Canadian Decimal Business Strikes prior to 1937 to be KEY dates. However, there are a few years/varieties in the post 1937 coinage that are Key's; ie:1947 "dot" nickel, '48, '45, '47 silver dollar's, etc.

Glenn
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bibd's Avatar
Canada
838 Posts
 Posted 04/13/2011  3:51 pm  Show Profile   Bookmark this reply Add bibd to your friends list Get a Link to this Reply

Quote:
The only problem I have with this site is no MS64, & that is also an important number.


Half-sarcastically and half-seriously: it's a nice, informative site for variety beginners, but those prices are not very thoughtful (to say the least). For instance, almost every Canadian cent post 1953 is exactly $1 in MS-63, and something ridiculous in MS-65. I have no faith that their MS-64 prices would help you much.

I'd tell those guys to take down their prices and direct anyone to just look at trends. Sadly, though, "trends" are apparently not what people want to pay either (see other CCF threads). I find this hilarious.

Maybe "trends" should be renamed "pipe dreams". Then we'll need a new real "trends" from somewhere!
Valued Member
david mackenzie's Avatar
Canada
183 Posts
 Posted 04/14/2011  12:00 am  Show Profile   Bookmark this reply Add david mackenzie to your friends list Get a Link to this Reply
Join a coin club, buy canadian coin books, and get canadian coin news newspaper,and go to a coin show and take notes and see how the big boys do it.
New Member
Canada
5 Posts
 Posted 04/14/2011  11:18 am  Show Profile   Bookmark this reply Add Beadyeyez to your friends list Get a Link to this Reply
Here is a "for instance" question. After a quick look through some of the loose coins in my collection, I came across a Canadian 1922 penny in pretty decent shape. The book value and the CaC site I was directed to say...

G-4 VG-8 F-12 VF-20 EF-40 AU-50 MS-60 MS-63 MS-64 MS-65
- $18 $24 $34 $54 $100 $315 $1625 $4500 $7000

Is this a good guideline for determining value..or are these prices a "best case scenario". If I put it up for auction and ended up only getting $5...do I look at it as losing money? Or do I look at it as getting what the current market is determining it is worth?

I am not interested in selling anything(yet). What I am trying to do is put together a ballpark value of this collection and would like the most accurate means of assessment possible.
Edited by Beadyeyez
04/14/2011 11:19 am
Valued Member
Biggrassboy's Avatar
Canada
55 Posts
 Posted 04/14/2011  4:19 pm  Show Profile   Bookmark this reply Add Biggrassboy to your friends list Get a Link to this Reply
As you can see by the price range, condition (grade) means everyhting. As for book values, expect to get about 70% of that if selling on ebay etc. Also watch for varieties. They are not always listed in a general guide, but a well placed dot etc. can turn a $10 coin into one worth 10 times that amount.

Why does it have to be so complicated! :>)
Pillar of the Community
United States
632 Posts
 Posted 04/14/2011  4:50 pm  Show Profile   Bookmark this reply Add willy13 to your friends list Get a Link to this Reply
Is a 1938 Canadian nickel a key date?
Valued Member
twoplustwo's Avatar
Canada
287 Posts
 Posted 04/14/2011  4:56 pm  Show Profile   Bookmark this reply Add twoplustwo to your friends list Get a Link to this Reply

Quote:
Is a 1938 Canadian nickel a key date?


It's a semi key date, mostly due to low mintage.
Pillar of the Community
United States
632 Posts
 Posted 04/14/2011  7:10 pm  Show Profile   Bookmark this reply Add willy13 to your friends list Get a Link to this Reply
thx, my grandfather had set it aside with some other foreign coins he had accumalated. I doubt I'd find one that old and in such good condition state side.:) Its a nice one!
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