A Question On 1931-1936 Canadian Halves

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Author	Replies: 6 / Views: 1,521
santafeboy Pillar of the Community United States 593 Posts	Posted 09/27/2011 10:09 pm I finally completed my 1931 - 1936 George V 50 cent collection with the purchase of a bueatiful 1932 Since all these are very low mintages why is the 1931,1934,and 1936 available in F-Vf grade at such relatively low prices? It seems odd that coins with such low mintages dont go for higher prices Report this Post to the Staff

kitkat1858 Valued Member Canada 371 Posts	Posted 09/27/2011 10:22 pm santafeboy, It has to do with the survival rate of these coins. If you compare the 1932 to the 1890H, then just looking at mintage figures you would assume that they would be the same price. In reality, however, Victorian halves were very heavily circulated, and most were melted to make new coins. Also, the idea of collecting coins became more popular in the 1940s and 1950s, so these coins would not have had as much of a chance to circulate before they were added to a collection. Two more reasons that come to mind are: The 50 cent piece is not as popular with collectors as the dollars because halves are no longer in use. A large number of collectors (myself included) don't even remember when 50 cent coins circulated, so they do not feel a need to collect this denomination. And as the purchasing power continuted to slide during the 20th Century, it became more feasible for collectors to put away coins for their collections. Report this Post to the Staff
Apollo Pillar of the Community Canada 1610 Posts	Posted 09/27/2011 10:26 pm I believe that it's because the 1931, 1932, 1934 and 1936 all had relatively low mintage that there is not a great price difference. But sometimes coin prices can be difficult and confusing. Look at the different prices between 1921 and 1929, just a little more than 20,000 (1921: 206,398; 1929: 228,328) and there is a HUGE difference in price! Report this Post to the Staff
kitkat1858 Valued Member Canada 371 Posts	Posted 09/27/2011 10:32 pm yes, but that is a special case: the 1921 halves were melted down with the exception of approx. 75 survivors Report this Post to the Staff
EastVanRob Pillar of the Community Canada 617 Posts	Posted 09/27/2011 11:59 pm My take is: 1931 - readily available at about 75% of trends. 1932 - readily available at about 90% of (high) trends. 1934 - readily available at about 70% of trends. 1936 - quite difficult to find a nice one, but was able to get it at 70% of trends. Report this Post to the Staff
54dollarcoin Valued Member Canada 475 Posts	Posted 10/09/2011 01:44 am send me all the 1934 halves in fine or better at 70 per cent I am a buyer Report this Post to the Staff
glenzy1 Pillar of the Community Canada 1554 Posts	Posted 10/09/2011 08:18 am Santafeboy! I've always wondered the same thing about these precious "sleepers". I've been fortunate enough to realize their potential scarcity and underappreciation over the years resulting in me acquiring the following I.C.C.S. grades on those dates: >1931=MS-62 >1932=EF-45 >1934=MS-62 >1936=MS-63 Hard to imagine that the TOTAL combined mintage of all three are less than a paltry 160K. Any half with a mintage of 160K is considered a key date, can you imagine that you can still purchase nice examples of these 1930's halves for peanuts? Glenn Report this Post to the Staff
	Replies: 6 / Views: 1,521

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