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 Replies: 48 / Views: 7,583 |
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Valued Member
Canada
55 Posts |
SPP good photos don't always realize higher prices. I've seen fuzzy photos of coins of low grade sell for much higher than they should. I've even seen coins sold that were smashed with a hammer... ;>)
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Valued Member
Canada
371 Posts |
Speaking of Trends...
I guess everyone probably knows about the major change happening with Micheal Findlay officially stepping down as sole editor, and the formation of a committee to look after pricing issues.
Some people that are going to be part of this Trends committee are Charles Moore and Sandy Campbell. Let's hope that they don't try to influence the markets for their own good, though.
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Pillar of the Community
 Canada
1554 Posts |
 Nice, I like that idea and I'm all for a committee taking care of trends vs just one person. This way there would be a greater balance in prices and less chance for bias. Hopefully now we'll see trend prices take a major drop! This will do the Hobby a world of good. Glenn  |
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Bedrock of the Community
Canada
10743 Posts |
I agree a committee is the best idea for the trends section, but I wonder with big time dealers running it that prices will 'drop'.  |
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Pillar of the Community
Canada
902 Posts |
I doubt that will change prices on ebay. Once coins are in TPG holders trends are out the window. |
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Pillar of the Community
Canada
1581 Posts |
Assuming there is agreement that the trend prices should be cut in half, what does that mean? It means the dealers would then only pay 1/2 of the new trend price. And ebay purchasers will look to pay 50%-60% of that new trend. How long before another request for a 50% drop? (Death spiral) Trends probably should be looked at as a list or MSRP-type price. Few would pay it, except for exceptional coins, but you have to agree on some price to compare discounts from. |
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Moderator
 Canada
10456 Posts |
Quote:
kitkat1858 said:
Some people that are going to be part of this Trends committee are Charles Moore and Sandy Campbell. Let's hope that they don't try to influence the markets for their own good, though. Unlikely, most of what Sandy sells starts at grades where CCN Trends ends. "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Bedrock of the Community
United States
10034 Posts |
So what do you Canadians think is a good price for a 1948 dollar then (varying degrees of grade)? I see some have said it is overrated - is this because most are accounted for? That mintage seems very low to me. But maybe I am thinking too much in terms of US coin mintages?
I admit I have been looking at these and drooling as of recent.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Valued Member
Canada
372 Posts |
I agree with Roger (SPP) When it comes to high end copper RED cents,it is very hard to buy one at or below trend at auctions.I often place bid at 60% of trend which represents 100% after you add the buyer's premium,insurance,shipping,GST and PST and 9 times out of 10 I am outbid.  |
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Valued Member
Canada
183 Posts |
Trends or book prices for Newfoundland coins are too low compared to Canadian coins,Why is that?
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Pillar of the Community
Canada
1554 Posts |
 I feel the reason why Newfoundland coins are underrated and undervalued is the lack of demand for them. Collectors for some reason, are not attracted to coins who's origin no longer exists. If the collectors of Canadian Decimal Coinage decided to stop collecting Canadian coins for a mere 3 months, and turned all their attention and resource$ to Newfoundland coinage, trend prices would skyrocket and in no time supply would dry up. Nfld coins have unbelievable low mintages, some are next to non existent and they can be still purchased at very reasonable prices in respectable collector grade! Glenn  Edited by glenzy1
04/29/2011 10:05 am
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Pillar of the Community
Canada
1733 Posts |
I agree that NF coins have crazy low mintages, but .... a coin is only worth what someone will pay. To me Newfoundland was simply another foreign country's colony until they joined confederation. Albeit a foreign country whose coins were sometimes minted in Canada after what? 1917 and on I think it was.
Still, the coins of dead foreign countries are not in high demand. Given that the rather small collector base in Canada already impinges on and prevents super high prices even for the rare coins of Canada, I can't see interest picking up. Not ever. This is only my opinion and I admit someday I could be dead wrong, but so far that hasn't happened concerning provincial currencies. If I were to make a bet, I'd bet the prices for provincials move on a downward trend as the people with ties to the pre confederation NF+L die off.
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Pillar of the Community
Canada
1554 Posts |
 That's probably what will happen to Canadian Decimal coinage once we join the U.S.A. It will become obsolete and no longer in demand like Nfld coins. Then we'll have Donald Trump as our President, Sarah Pallin as the Vice-President and Jeb Bush as the Secretary of State. Glenn |
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Valued Member
Canada
371 Posts |
LOL! You have quite the imagination glenzy1:)
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Pillar of the Community
Canada
1581 Posts |
Ugly, there is one possibility: Oil money
It seems there is a nationalist streak in Newfoundland that has reared up recently, and increased prosperity may result in a rediscovery of their own heritage and history.
If there is no connection by young collectors to the past, then what happens to Canadian large cents, silver 5c, 50 cents, and pre-1987 dollars? And, coming soon, the small cent. There is a dead currency factor too.
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Replies: 48 / Views: 7,583 |
First Page
Posted 04/28/2011 12:19 am
