@bosox said:
Currently there are 17 pieces of 1914 Ten Dollar gold in PCGS MS-64 listed for the April 8 Heritage auction. I suspect that with the price of gold over $5K USD, these will sell for near bullion value ($2,500 USD each or thereabouts).
It is sad to see nice old coins like these reduced to widgits or candidates for the melting pot. I would be surprised if the 63s and 62s are not already being melted.
IMO this is a generational buying opportunity for numismatic gold for this very reason. You’re getting the numismatic value for basically free. I wouldn’t even consider buying bullion at spot when I can buy historic numismatic gold for the same price, in some cases, literal key dates, at their melt price. Im not someone who buys much gold for the personal collection given how far that same amount of money can go when applied elsewhere but I for damn sure am right now,.. and this is exactly the type of stuff Im targeting. If it used to price 80% numismatic and 20% gold but is now pricing at 100% gold, there’s deep value there.
Much of the numismatic value of the ten dollar Canadian denomination was wiped out with the 2013 release of the Canadian Bank Hoard. These coins have relatively low initial mintages and were withheld from circulation, which caused them to be downright scarce for a while. However, they were still extant and merely held out of the market, but the release in 2013 was far more than the demand.
The above is true for the five dollar Canadian denomination as well.
By the way, I love these coins, so I'm not hating on them at all.
Snagged this Capital Plastics Maritimes coinage holder. It’ll be a great companion to my Dansco Canada Type album. Now to find the Whitman Newfoundland Type album.
Phil Arnold Director of Photography, GreatCollections
greatcollections.com
@PhilArnold said:
Snagged this Capital Plastics Maritimes coinage holder. It’ll be a great companion to my Dansco Canada Type album. Now to find the Whitman Newfoundland Type album.
This is one area that I like is the Newfoundland, I like 👍
@PhilArnold said:
Snagged this Capital Plastics Maritimes coinage holder. It’ll be a great companion to my Dansco Canada Type album. Now to find the Whitman Newfoundland Type album.
Yes, I've always liked the Canadian silver halves. It may have the best looking Reverse of all "modern" coinage. I've had many but let a bunch go when silver peaked.
Technically this is a US token, but it was struck for a Canadian company. I'm originally from London, and the Labatt's brewery is a part of the fabric (and the smell) of the city. My ancestors were also from the Niagara region in Ontario, and from Buffalo NY. It's not hard to imagine that they would've visited the Pan American Exposition in 1901.
Phil Arnold Director of Photography, GreatCollections
greatcollections.com
I picked up an 1861 New Brunswick half cent for the Capital Plastics holder. I felt the coin was a bit too crusty, so with a bunch of elbow grease, a porcupine quill, and a but of oil I got rid of a lot of gunk.
Phil Arnold Director of Photography, GreatCollections
greatcollections.com
This has been a really fun thread to browse through. Thanks to everyone who has shared items from their collections!
Currently have an 1858 20c in the Grading process (crossing over from an ICCS flip.) Be happy to share the TV when available.
Also just rescued a nice 1900 Newfoundland 50c from the smelter. Don’t have pics yet, but will see if tomorrow grants me enough time to take some.
If I got a week or two of free time I could share some of my favorite Canadian pieces I’ve rescued over the years. I’d say you would be surprised at what coin shops here would overlook…but I honestly don’t think you’d actually be surprised.
Thanks for helping keep me productively busy during an insomnia type morning!
Comments
As much as I wish I had the other one (as I understand it)
Hope all is wrll with everyone 🙏
IMO this is a generational buying opportunity for numismatic gold for this very reason. You’re getting the numismatic value for basically free. I wouldn’t even consider buying bullion at spot when I can buy historic numismatic gold for the same price, in some cases, literal key dates, at their melt price. Im not someone who buys much gold for the personal collection given how far that same amount of money can go when applied elsewhere but I for damn sure am right now,.. and this is exactly the type of stuff Im targeting. If it used to price 80% numismatic and 20% gold but is now pricing at 100% gold, there’s deep value there.
Much of the numismatic value of the ten dollar Canadian denomination was wiped out with the 2013 release of the Canadian Bank Hoard. These coins have relatively low initial mintages and were withheld from circulation, which caused them to be downright scarce for a while. However, they were still extant and merely held out of the market, but the release in 2013 was far more than the demand.
The above is true for the five dollar Canadian denomination as well.
By the way, I love these coins, so I'm not hating on them at all.
In honor of the memory of Cpl. Michael E. Thompson
Snagged this Capital Plastics Maritimes coinage holder. It’ll be a great companion to my Dansco Canada Type album. Now to find the Whitman Newfoundland Type album.
Phil Arnold
Director of Photography, GreatCollections
greatcollections.com
This is one area that I like is the Newfoundland, I like 👍
I love this holder!
In honor of the memory of Cpl. Michael E. Thompson
ive never seen one but was lucky enough to get this pic. hope it serves us well
Yes, I've always liked the Canadian silver halves. It may have the best looking Reverse of all "modern" coinage. I've had many but let a bunch go when silver peaked.
Technically this is a US token, but it was struck for a Canadian company. I'm originally from London, and the Labatt's brewery is a part of the fabric (and the smell) of the city. My ancestors were also from the Niagara region in Ontario, and from Buffalo NY. It's not hard to imagine that they would've visited the Pan American Exposition in 1901.
Phil Arnold
Director of Photography, GreatCollections
greatcollections.com
I'm from Burlington and been to London many times. The smell there isn't as pronounced as Hershey, PA.
I picked up an 1861 New Brunswick half cent for the Capital Plastics holder. I felt the coin was a bit too crusty, so with a bunch of elbow grease, a porcupine quill, and a but of oil I got rid of a lot of gunk.
Phil Arnold
Director of Photography, GreatCollections
greatcollections.com
myEbay
DPOTD 3
Nice toners!
Here's a nice AU PEI cent. A new entry for the Capital Plastics set.
Lots to go, but here's the progress so far.
Phil Arnold
Director of Photography, GreatCollections
greatcollections.com
This has been a really fun thread to browse through. Thanks to everyone who has shared items from their collections!
Currently have an 1858 20c in the Grading process (crossing over from an ICCS flip.) Be happy to share the TV when available.
Also just rescued a nice 1900 Newfoundland 50c from the smelter. Don’t have pics yet, but will see if tomorrow grants me enough time to take some.
If I got a week or two of free time I could share some of my favorite Canadian pieces I’ve rescued over the years. I’d say you would be surprised at what coin shops here would overlook…but I honestly don’t think you’d actually be surprised.
Thanks for helping keep me productively busy during an insomnia type morning!
Website
Successful B/S/T transactions with: bigjpst, Crusty, MasonG, dcarr, justindan, Gothat3rs
Okay, I had a few moments this morning and got some pics of that 50c I picked up this week. This kind of stuff I'll always buy for melt...
Website
Successful B/S/T transactions with: bigjpst, Crusty, MasonG, dcarr, justindan, Gothat3rs