Well this winds me up with my Canada PL dollar registry set...
canadacolornut
Posts: 995 ✭
The coins I need to upgrade and finish my Canadian PL dollar registry set have gone for absolutely
ridiculous prices in the Heritage auction.
I only need 1 coin to finish, and an upgrade of 3 others from PL 66 to PL 67.
The one is need to finish went for $8,000 a couple of months ago. The ones I need to upgrade to 67
went for a total of better than $8,000 today. I tried to hang in there on at least one but the bid almost
doubled what I was willing (and able) to pay.
Folks this is about 4 times the level of just a couple of years ago and the population figures in 67 or better
for 3 of the dates is more than 20.
So I'm moving on; settling for the number 3 set when I had the number 1 a couple of years ago.
I guess it's good news for the value of the other coins but, I think the reach has exceeded the grasp
of most collectors in that series now.
For $16,000, assuming I had it, I could do a lot of good acquisitions in the British series I'm working on-with older,
scarcer and, in my opinion, a lot more history, heritage and numismatic allure behind them.
Adios 1950-67 Canadian PL dollar set.
Turns out I hardly knew ye
ridiculous prices in the Heritage auction.
I only need 1 coin to finish, and an upgrade of 3 others from PL 66 to PL 67.
The one is need to finish went for $8,000 a couple of months ago. The ones I need to upgrade to 67
went for a total of better than $8,000 today. I tried to hang in there on at least one but the bid almost
doubled what I was willing (and able) to pay.
Folks this is about 4 times the level of just a couple of years ago and the population figures in 67 or better
for 3 of the dates is more than 20.
So I'm moving on; settling for the number 3 set when I had the number 1 a couple of years ago.
I guess it's good news for the value of the other coins but, I think the reach has exceeded the grasp
of most collectors in that series now.
For $16,000, assuming I had it, I could do a lot of good acquisitions in the British series I'm working on-with older,
scarcer and, in my opinion, a lot more history, heritage and numismatic allure behind them.
Adios 1950-67 Canadian PL dollar set.
Turns out I hardly knew ye
No,no- the kids and the cat are all right honey.
It's just that I got my PCGS grades.
It's just that I got my PCGS grades.
0
Comments
World Collection
British Collection
German States Collection
Still, compared to more common high grade Canadian, it appears to be a bargain even at the levels I'm seeing.
I'm pretty much committed to PCGS material in high grade and it's very hard to find a series-other than
post 1967 material-that I can really get into and build a nice set.
I haven't been a "registry set guy" for very long but I've been seriously trying to collect high grade
for about 30 years now. I sold way too many coins back in the 80's and 90's for peanuts compared to what
they bring now. And it really chokes me to see what I'd have to pay to get them back.
Short sighted? Well, yes, but dumb assed is a better word
It's just that I got my PCGS grades.
And regardless of your registry set's rank, it is still an extremely nice set and one to be very proud of.
<< <i>And regardless of your registry set's rank, it is still an extremely nice set and one to be very proud of.
no doubt!
Jim
I know you all have great sets; have seen them several times
It's just that I got my PCGS grades.
scarcer and, in my opinion, a lot more history, heritage and numismatic allure behind them.
There comes a time when you start looking at substitution value. "If I were to get the next lower grade, how much would I save?" "If I were to use this $8,000 to buy a coin with absolute rarity [vis. grade rarity], what could I get?"
If I had to decide between getting a coin minted for collectors with surviving pieces numbering in the tens of thousands vs. getting a circulation strike coin that may only have a surviving population of a few hundred, I'd take the latter.
Obscurum per obscurius
Do you have a Registry MS set as well?
Experience the World through Numismatics...it's more than you can imagine.
awhile.
Mint state Canada dollars are out of sight in high grade. So I'll be working mainly on dimes and quarters.
Regards......
It's just that I got my PCGS grades.
The whole registry thing has me shaking my head at times. I have a few sets ATS, but just for the fun of it; no real competition on my part.
When you get right down to it, you're paying the huge bucks, and in some cases orders of magnitude increases for, a single point printed on a slab label.
Given how inconsistent the TPGs are, can you absolutely say for certain that the coin certified higher is, in fact, the better coin? I've seen countless examples of this NOT being the case.
You're shelling out gobs of money for the number on the holder, not the actual coin.
Furthermore, when it comes to modern and semimodern coinage, at the high end of the MS spectrum, you may not even be able to visibly tell the difference between the 66 and 67 or 67 and 68! And all it takes is a grader not getting some action the night before to flip the two coins.
I think you'll ultimately get more enjoyment (and certainly more bang for the buck) from the route you've chosen than to spend $16,000 on a single point upgrade.
Just my 2 cents...
1/2 Cents
U.S. Revenue Stamps
Here's just a quick example of why I don't fool with U.S. Registry coins anymore.
Pretty ridiculous.....
It's just that I got my PCGS grades.
Try this...
http://cgi.ebay.com/1972-TYPE-2-IKE-DOLLAR-PCGS-MS66-FINEST-REGISTRY-TONED-/130357909423?cmd=ViewItem&pt=Coins_US_Individual&hash=item1e59efd7af
It's just that I got my PCGS grades.
LINK
If this doesn't do it I'm done.
Look, when I first started I placed telephone calls through Mildred-- the ONLY Mildred at BellSouth
It's just that I got my PCGS grades.
It's just that I got my PCGS grades.
Not only did you leave me in the dust with your danged "Jason" Jeton you gotta rub it in.
But hey!
I've gotta reaaaaaallly nice Ike Dollar I'll swap you for it
It's just that I got my PCGS grades.