Folks, I found this coin while searching through rolls of dimes today. I believe only 282,736 were minted. What do you think the grade is? I am still a newbie so any insight is helpful thanks
:thumb:Nice Newfoundland 10c I would grade a VF-35. British coins tend to be weakly struck.my 2cent:kewl:
http://www.coinoisseur.com/GradingCoins.html#GRADING%20CIRCULATED%20COINS is a site for canadian coins. I'm going to bookmark it. It looks to be good.
Nice VF. The latest Charlton list a VF @ $8 an EF @ $10 Circulated Geo VI Newfie coins are common and have low collector value, despite the low mintages. BTW the 1942C has the 2nd HIGHEST mintage of the Geo VI dimes.
That's a cool site, but a bit liberal on the grading of AG to VF especially when it comes to the 5 cent nickel images. Nevertheless, it's well done.
I thought about this after posting. I've got to get my head out of US mintage numbers, LOL. Still, 4x spot is good
Newfie coins have extremely low mintages for the most part. Trouble is that there just aren't that many collectors of the coins of Newfoundland and when they do collect it, they tend to go for MS examples (which can be quite pricey). I've been working on putting together a MS Newfie type set for many years and still have quite a way to go. The Victorian coins in mint state are hard to find and expensive when you do. OTOH a circulated type set is possible on a more modest budget, although some Victorian coins are extremely scarce and expensive even in the lower grades. BTW: the Newfie coinage is still legal tender in Canada.
Everyone, Thanks for all the helpful comments, even it ThecoinGeezer burst my bubble saying in comparison to other newfie coins the mintage isn't as low as I thought. Everyone seems to agree its VF. Worth $8-$10. For a 10 cent investment I am very happy. @Kasia thanks for the link. After comparing to the other coins on the site IMO they would grade it VF-25. I am not sure it has enough luster to grade it any higher. After this find I think there maybe 1 new collector of Newfie coins. Thanks again everyone.
Circulated Newfie coins at affordable prices turn up on eBay all the time. I suggest you get a copy of the Charlton Catalogue to guide you in your collecting endeavors, their prices are on the higher edge of retail but will give you a general idea of what to pay and, more importantly, what NOT to pay. I believe Canadian Coin News still sends out free sample issues. They run a "Trends" column that periodically lists the prices of Newfie issues. See if they can send you one with the Newfie prices in it.
I once had a 1917 New Foundland half dollar in my collection. Nearly full UNC, would have cost 100 times more were it a US half. Sold it off along with a bunch of other "Florin" sized coins a few years back, and it sold for considerably more than I had in it. Granted it was bought in 1994 and sold in 2006 which had something to do with that.
The coinGeezer, Thanks for the helpful advise. I had sent away for the free sample a few months ago when a started putting together my collection of Canadian small cents. I will have to go back and see if it lists the Newfie coins.