The new forums will be named Coin Return (based on the most recent vote)! You can check on the status and timeline of the transition to the new forums here.
The Guiding Principles and New Rules document is now in effect.

[Coin collecting] - Made a neat find. Are these valuable?

RazielRaziel Registered User regular
edited August 2009 in Help / Advice Forum
Not sure if any of you fine folks partake in this fine hobby - I sure don't - but I made a potentially exciting find today.

So I'm at work and this old guy buys a sixer of cheap beer with a stack of Canadian quarters. A couple of them looked pretty old and felt weird, so I threw some of my change into the till and took the old coins. Once I got home, I did a little google searching, and it turns out that pre-1980, Canadian quarters were about 80% silver. The coolest of the bunch is a quarter from 1948 with the head of King George VI on it and the inscription "GEORGIVS VI DEI GRATIA REX" (which I guess means "George VI, by the grace of God, king.")

Now I'm wondering if these super old coins are at all collectible or valuable, or if I'm just sitting on a couple of old neat-looking bits of money from recent history.

Read the mad blog-rantings of a manic hack writer here.

Thank you, Rubacava!
Raziel on

Posts

  • elfdudeelfdude Registered User regular
    edited August 2009
    They can be of varrying value to collectors depending largely on how uncommon they are. Most coins are only really valuable after a hundred years. The wear on the coin is very important too often with old coins they assume they're going to be worn but if you can find mint condition ones the prices can multiple several times. Finding information on them online doesn't seem to go well so they're probably not jaw droppingly valuable.

    On the other hand you can make really neat rings with an anvil assuming your fingers are small enough with them by simply tapping the edges and making a hole. I highly doubt that they're valuable if they're less than 50 years old though.

    elfdude on
    Every man is wise when attacked by a mad dog; fewer when pursued by a mad woman; only the wisest survive when attacked by a mad notion.
  • Dunadan019Dunadan019 Registered User regular
    edited August 2009
    this is your coin it looks like:
    752_1.JPG

    and is almost certainly a
    King George VI royal coinage (1948-52)
    The new tools and matrices arrived from London, so the issuing of the Maple Leaf coinage ceased as a result. The obverse of the coins is inscribed GEORGIVS VI DEI GRATIA REX (George VI by the Grace of God, King). During the issue of this coinage, a commemorate silver $1 was struck in 1949 to commemorate Newfoundland becoming the tenth province of Canada. The 1948 coins are very scarce, especially the 50¢ and the silver $1. This is due to the slow delivery of the modified tools and matrices from London.

    In this coinage, there are several notable varieties. The first of these is the 1950 "no lines in 0" 50¢ coin. The most famous variety of this series is the "Arnprior Dollar", which has one and a half waterlines near the bow of the canoe instead of the normal three waterlines. This variety is named after the town of Arnprior, Ontario, where this variety was discovered.

    A pristing 1948 king george VI royal quarter is on this site for 3000 dollars. congratulations on your find, get it appraised by a coin dealer. put it in a plastic bag and don't scratch it.

    Dunadan019 on
  • Brodo FagginsBrodo Faggins Registered User regular
    edited August 2009
    Haha holy shit, nice.

    Brodo Faggins on
    9PZnq.png
  • EggyToastEggyToast Jersey CityRegistered User regular
    edited August 2009
    Well, pristine/mint coins go for a significant sum greater than a used coin. That's not to say it's worthless, of course. But it's certainly worth more than 25¢ to a collector.

    EggyToast on
    || Flickr — || PSN: EggyToast
  • NotYouNotYou Registered User regular
    edited August 2009
    Yea, don't get your hopes up too high. Condition accounts for a TON of the value.

    NotYou on
  • PeregrineFalconPeregrineFalcon Registered User regular
    edited August 2009
    Canadian quarters stopped being 80% silver in 1966. :P

    Edit - Whew. Doesn't seem like 1943 quarters are worth that much. Have a old one just for the sake of it being old, and I'd hate to find out that I could have bought a car with it or something.

    PeregrineFalcon on
    Looking for a DX:HR OnLive code for my kid brother.
    Can trade TF2 items or whatever else you're interested in. PM me.
  • seasleepyseasleepy Registered User regular
    edited August 2009
    I have some change of a similar age and, depending on the quarter's quality, it's probably worth anywhere from $1.50 to $200 bucks (if it's absolutely perfect). A quick googling gives a guide on roughly how to grade the coin, and also a (rather scammy looking) site with a value catalog. ETA: This looks slightly more respectable.

    seasleepy on
    Steam | Nintendo: seasleepy | PSN: seasleepy1
  • RazielRaziel Registered User regular
    edited August 2009
    Good deal. Thanks for the info, guys.

    It's pretty badly beat up, so it's likely not going to pay off my student loan or anything. I'm just glad I caught these neat old pieces of money before they were given away as change or handed off to a hobo.

    Raziel on
    Read the mad blog-rantings of a manic hack writer here.

    Thank you, Rubacava!
  • NightDragonNightDragon 6th Grade Username Registered User regular
    edited August 2009
    yeah, I actually just had a bunch of my own coins appraised...I thought some of mine were in better condition than they apparently are...(some are in very good condition, but are still barely worth anything). I think one coin that I have is worth $87, roughly. It's in really good condition, but apparently not *that* good. :P

    Definitely get 'em appraised. I got mine done for free - I imagine you could do the same, somewhere.

    NightDragon on
Sign In or Register to comment.