1912 $5 gold Canadian coin
1912 $5 gold Canadian coin
So I just ordered a pcgs graded AU55 1912 gold coin for $470 plus tax and shipping. Does anyone have any thoughts about the wholesale or retail market for this purchase? I think I will like it once I see it. I am hesitant to buy from ebay, and prefer well known stores that give deals. I think it only has 1/4 ounce pure gold, so I will not be seeing my money back as a bullion investment.
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- Location: Golden Horseshoe, ONT
Re: 1912 $5 gold Canadian coin
Was that in Canadian or US dollars? You paid close to full Trends for it. Usually you can get coins at shows or brick and mortar for 70-80% of Trends, unless it's a scarcity.
Bill in Burl
Re: 1912 $5 gold Canadian coin
It was CAD...I know sometimes I can get a better deal with a little more work, but sometimes I just can not make it to places. I intent to go to the Toronto expo you mentioned though and bring sufficient cash so if I see something (s), I can get it (them).
Re: 1912 $5 gold Canadian coin
So the coin arrived today from J&M. It looks great. I checked the pcgs related auctions and I think I did good. I checked the melt value of gold, and I think I did well. Most important, unlike my other First Gold Canadian coin pcgs MS gold 1914 $10 coin, this is actually the earliest I have and I got it at a price I can afford....
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Re: 1912 $5 gold Canadian coin
Great info, thanks a lot. I am still looking for coins MS 63 or 64 in the years 1912 to 14 $5 to $10...but only the good deals (I am not interested in the really expensive grades). Based on this according to recent sales I paid about wholesale market rate. Also, since it contains 7.52grams of pure gold...I think I did well for a pcgs slabbed collectible coin.