How much is a 1925 Canada 5 cent worth

theboz11

in High AU( ANACS Standard).

And a 1935 CANADA SILVER DOLLAR MS-66.

How is the Canadian Market holding up.

laurentyvan

Any Canadans I sell at this point are not high grade but for a couple of months I have sensed weakness in the market. I'm sure there are exceptions
and I've wanted to ask questions about the Canadian market.

With theboz11, anxiously awaiting answers...

bosox

Retail trends (Canadian Coin News) EF = $300 CAD, AU = $750 CAD, MS60 = $1800 CAD.

theboz11

That's well over my old Krause. Do you have a price on the 1935 dollar please.

bosox

1935 Dollar F=15/VF=32/EF=36/AU=45/60=55/62=75/63=100/64=165/65=500

theboz11

Thank you ever so much.

laurentyvan

Duh!

How little I appear to know. Actually, I was wondering how Canadian coins are doing in the VF/XF grades,
not the higher grades like Boz's coin, which do appreciate nicely..

I've sold some really decent Canadian coins in those grades over the past couple of months and while
they didn't do badly they didn't set the world on fire- right about Charleton or Krause values of several years ago.

This was where I seemed to sense a "weakness" in todays market.

coinkat

Consider looking in the HERITAGE AUCTION Archives... 1935 MS66 may fetch alittle more than you think

bosox

I did not have time before, but I wanted to respond to the question on the state of the Canadian market. The greyside market ebbs and flows just like any coin market. Frankly I do not worry about the short term shifts. Here is my take on the long term trend which I posted on the Canadian site.



Compared to U.S. coins, supply is miniscule on most high grade issues. It only takes two or three people collecting, say high end Newfoundland cents or even Victorian large cents, to materially impact the market. That is why we see big money being paid for the top two or three coins while MS-63 and MS-64 coins generally languish. They buy the two or three top coins and the demand evaporates until the next person with the bug comes along.

I have seen some increase in demand over the past year or two for coins in the MS-62 to MS-64 range. Since the top few coins have mostly been locked up in collections since the heavy turnover in 2003 and 2004, they are not often available and they also cost a lot of money. Some collectors have turned to the next best thing on the Sheldon scale. I know of several substantially complete Vicky cent collections in the 62 to 64 range (usually only missing the brass 1859 cent). Other collectors look for interesting varieties in the lower uncirculated grades. It is too early to tell, but many of these lower mint state varietal examples may be among the finest knowns and in my opinion represent some of the best buys available right now. In any case I see demand for lower mint state coins slowly rising. Since there are many more examples available at these grades, the new demand does not push prices higher nearly as fast as for the higher graded coins.

I find circulated coins fascinating for many reasons, but particularly for the sense of history and the relatively low cost for coins to study. I have a lot of them. I also know that their prices will rise the most slowly of all. Quite simply, I think that for most dates there exists more than adequate supply to fill the demand. I also think that key dates are generally a better buy because the supply is much less relative to the demand.

I'll leave you one price example. I was recently looking at a large cent ad from 1962. Here is that price data compared with price data from recent CCN ads.

1901 Cent

1962 Advert...............2007 Advert................Factor
VG.........$0.40..............$4.00........................10.0
F............$0.70..............$5.00........................ 7.1
VF..........$1.00..............$6.00........................6.0
XF..........$1.50...............$9.00.......................6.0
AU..........$2.25.............$20.00......................8.9
Unc. BN..$3.00.............$55.00.....................18.3
Unc. RB..$5.00............$125.00.....................25.0
Unc. RD..$7.00............$450.00 (MS-64).........64.3

At the lower end this amount to about a 4% appreciation per year and at the top end about 9.7%. Of course if the Unc. RD was an MS-65, it would go for about $1,500 and the appreciation would be 12.7% per year. All this proves the adage, that if you care about return, buy the best you can afford. But you knew that already.

coinkat

buy quality for the grade...

SYRACUSIAN

Excellent post Rob, thanks for sharing part of your vast knowledge with us.


One day, I'll try to post something similar on the Greek market. But someone has to ask first.

ajaan

Hey Dimitri, how is the Greek coin market?

SYRACUSIAN

Note to self: make mental note of ajaan's question and hopefully respond before 2008.

ajaan

theboz11

Well the 1925 that I as watching and was underbidder, stopped at $735, about in line if not low on the scale.