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Also got a 1944 Newfoundland cent for less than face.
Posted: Sat Jul 27, 2013 7:31 pm
by henrysmedford
We also got this for less than face.
1944 by
henrysmedford, on Flickr
Re: Also got a 1944 Newfoundland cent for less than face.
Posted: Sun Jul 28, 2013 2:17 am
by Shylo
Great GRAB... I love all the newfie coins...
I'm confused on how you say you got it for less than face... did someone give it to you... or did you only pay 1/2 cent
Re: Also got a 1944 Newfoundland cent for less than face.
Posted: Sun Jul 28, 2013 4:34 am
by henrysmedford
I live in the USA and the coin shop buys Canadian coins at a .6 of face and sells them to us at a .8 of face. Some times they are buying coins from widows so the coin shop pulls the silver and gold and they rest we try to get. I have found more than one US coin shop that will sell Canadian coins at face are less.
Re: Also got a 1944 Newfoundland cent for less than face.
Posted: Thu Sep 05, 2013 2:15 pm
by Shylo
Amazing...
I live in Canada... so personally I would be buying everything they had... even if I didn't want to keep it.. I'd spend it at face.. and still be up 20%.... *sigh*
Keep buying up those newfie coins... I think they're great and soo undervalued.. even at current CV prices.. but especially at .8 face... I would buy it all!!
Keep us posted with the finds.. and the stories.. sounds like your LCS is a pretty neat place to visit..
Re: Also got a 1944 Newfoundland cent for less than face.
Posted: Thu Sep 05, 2013 10:58 pm
by verdigris
Amazing... not really. It only goes to show how supply and demand economics really works. Henry in this case, is just very, very lucky by birth
sounds like your LCS is a pretty neat place to visit..
You would think so. It's called
Needful Things. Meet the owner...
http://www.youtube.com/watch?v=tsfMRbHkKCM Sometimes things
aren't too good to be true!
HA!
Cheers
Re: Also got a 1944 Newfoundland cent for less than face.
Posted: Fri Sep 06, 2013 6:42 am
by henrysmedford
Shylo wrote:Amazing...
I live in Canada... so personally I would be buying everything they had... even if I didn't want to keep it.. I'd spend it at face.. and still be up 20%.... *sigh*
My long term plan is to make a trip to Canada to cash in all the change to pay for the trip. We also get Canadian coins for free from coin counters. See--http://realcent.org/viewtopic.php?f=10&t=20414&hilit=+free