1872 Canada 10c Lamination error

Discussion in 'What's it Worth' started by Trouble, Dec 19, 2016.

  1. Trouble

    Trouble Member

    Good Evening,
    I am curious what type of value would be placed on this coin for me to sell it. I know lamination errors sometimes drastically decrease value, but since this is relatively old, does that still apply, or possibly make the coin more valuable?

    Thanks for your help with this.

    Rod CAN 10c 1872 Lam Obv1.jpg CAN 10c 1872 Lam Obv1.jpg CAN 10c 1872 Lam Obv2.jpg CAN 10c 1872 Lam Rev1.jpg CAN 10c 1872 Lam Rev2.jpg CAN 10c 1872 Obv.jpg CAN 10c 1872 Rev.jpg
     
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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Never.. I don't think so
    Interesting coin. That's almost a split Planchet! Thanks for sharing
     
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  4. SuperDave

    SuperDave Free the Cartwheels!

    Perhaps if the coin was otherwise in pristine Mint State condition, and would have been one of the finest-known of the example if complete. Possibly if it were so rare otherwise that any example is worth major money. Otherwise, this coin is worth multiples of its' value in grade. It's a radical delamination, not common for any coin.
     
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  5. Trouble

    Trouble Member

    SuperDave, what would you personally put for a value, then? To me, the obverse looks to be VG, but has nicks, so what value would you be asking for the coin if it was yours to sell?
    I don't collect 10c Canadian coins, so I am looking for a fair valuation that both me and a buyer would be satisfied at.

    Thanks.
     
  6. Trouble

    Trouble Member

    Here are slightly better pictures if that helps with a value. can 10c obv good.JPG can 10c rev good.JPG
     
  7. SuperDave

    SuperDave Free the Cartwheels!

    This coin is so far out of scope for me I can't even see it with my scope 'scope. :)

    Here's the problem. Remember my comment about "Possibly if it were so rare otherwise that any example is worth major money"? Um, well, this is sorta one of those....

    1872 is a rare date for Canada Ten Cents, a semi-Key Date which goes for a substantial premium in most cases. What the lamination does to that value, I cannot estimate. However, I_do_know someone who would have a far more informed opinion than my own. @SPP Ottawa, this one's in your ball court.
     
  8. SPP Ottawa

    SPP Ottawa Numismatist

    Unfortunately, being a key date does not add to the value of the error. Key date coins have their value in being problem-free scarcer coins. Errors have their value in eye-appeal. Laminations are cool, but not as cool as a brockage or off-centre strike, and really only of interest in AU or MS grades. I sell lots of Canadian Victorian 25c coins with lamination peels at a discount - error collectors don't want them, Victorian 25c collectors don't want them.

    If this was a common date Victorian 10-cent error, in similar (F) grade, it would be worth about CAN$75 (about double the value of a common date coin). Being a key date however, this is a more important for a date collector than an error collector (for example, as an error collector myself, I would rather have a common date for this error type, or I would rather have both pieces of the error, original plus the lamination peel). Granted, your lamination is larger than most... so I would not discount it that much.

    A problem-free example of this date in F grade, would be around CAN$300. Your coin is probably worth about CAN$250... the price of a laminated key date would obliterate any value the error actually has.
     
  9. Trouble

    Trouble Member

    Thank you very much for the explanation. It helps me understand the challenge of that coin. I will start working on finding a buyer that appreciates the error, i guess.
     
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