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Posted

Hi.

I bought this at the weekkend from an old guy who was selling off his collection. Any ideas how this could of happened as only one side is doubled. The coin weights right, not magnetic and is the correct size and thus I'm 95% sure its not a fake.

Also What would be a value on something like this, as I'm not sure if I paid too much. Thanks, Tom

post-6950-032549300 1341690885_thumb.jpg

post-6950-055782600 1341690894_thumb.jpg

Posted

Also is it worth getting graded?

It is a recorded error, price depends very much on condition and type of issue i.e circulation or proof,

generally Canadian dollars are between 50 and 80% silver, proofs around 90%

try the following link http://www.coinsandcanada.com

Posted

Hm, this is quite interesting, myself I've never seen anything quite like it, but it appears 1967 Canadian dollar rotated reverses are common, some are known as a "Diving Goose" variety and the values are around $125 in AU.

There are also some known double struck ones like yours http://forums.collectors.com/messageview.cfm?catid=6&threadid=737326

See also http://www.liveauctioneers.com/item/5615449

So it appears it is a known error, which is interesting since most rotated dies and double stamped coins seem to occur at random.

As for grading, it depends on where you are and where you want to sell it. If you plan on selling it in the States, I would say to get it slabbed before you sell it. On one hand it doesn't seem like slabbed coins go for much more than their raw counterparts in British auctions, on the other hand a certified coin adds more of a guarantee for collectors unfamiliar with Canadian coins. But really, its up to you if you want to slab it or not.

Posted

Hm, this is quite interesting, myself I've never seen anything quite like it, but it appears 1967 Canadian dollar rotated reverses are common, some are known as a "Diving Goose" variety and the values are around $125 in AU.

There are also some known double struck ones like yours http://forums.collectors.com/messageview.cfm?catid=6&threadid=737326

See also http://www.liveauctioneers.com/item/5615449

So it appears it is a known error, which is interesting since most rotated dies and double stamped coins seem to occur at random.

As for grading, it depends on where you are and where you want to sell it. If you plan on selling it in the States, I would say to get it slabbed before you sell it. On one hand it doesn't seem like slabbed coins go for much more than their raw counterparts in British auctions, on the other hand a certified coin adds more of a guarantee for collectors unfamiliar with Canadian coins. But really, its up to you if you want to slab it or not.

It won't let me edit my post, but if you do decide to grade it and sell it in the US, I'd only certify it through NGC, PCGS or ANACS. The other grading companies, although they might be a bit cheaper, and in many cases may be as accurate as NGC/PCGS/ANACS, it won't bring the extra money at a US auction than the "big names" will.

Posted

Thanks for your help. I think I'm going to get them graded. I just got to find a place in England that I can get it sent off to NGC or PCGS

Hm, this is quite interesting, myself I've never seen anything quite like it, but it appears 1967 Canadian dollar rotated reverses are common, some are known as a "Diving Goose" variety and the values are around $125 in AU.

There are also some known double struck ones like yours http://forums.collectors.com/messageview.cfm?catid=6&threadid=737326

See also http://www.liveauctioneers.com/item/5615449

So it appears it is a known error, which is interesting since most rotated dies and double stamped coins seem to occur at random.

As for grading, it depends on where you are and where you want to sell it. If you plan on selling it in the States, I would say to get it slabbed before you sell it. On one hand it doesn't seem like slabbed coins go for much more than their raw counterparts in British auctions, on the other hand a certified coin adds more of a guarantee for collectors unfamiliar with Canadian coins. But really, its up to you if you want to slab it or not.

It won't let me edit my post, but if you do decide to grade it and sell it in the US, I'd only certify it through NGC, PCGS or ANACS. The other grading companies, although they might be a bit cheaper, and in many cases may be as accurate as NGC/PCGS/ANACS, it won't bring the extra money at a US auction than the "big names" will.

Posted

Hm, this is quite interesting, myself I've never seen anything quite like it, but it appears 1967 Canadian dollar rotated reverses are common, some are known as a "Diving Goose" variety and the values are around $125 in AU.

There are also some known double struck ones like yours http://forums.collectors.com/messageview.cfm?catid=6&threadid=737326

See also http://www.liveauctioneers.com/item/5615449

So it appears it is a known error, which is interesting since most rotated dies and double stamped coins seem to occur at random.

As for grading, it depends on where you are and where you want to sell it. If you plan on selling it in the States, I would say to get it slabbed before you sell it. On one hand it doesn't seem like slabbed coins go for much more than their raw counterparts in British auctions, on the other hand a certified coin adds more of a guarantee for collectors unfamiliar with Canadian coins. But really, its up to you if you want to slab it or not.

It's a bit early for computer controlled equipment which you could easily envisage with a corrupted program telling the machinery to perform unwanted actions. That suggests an internal mechanical fault if the error is faithfully reproduced numerous times, but looking at the images posted it appears that the rotational value varies, so a worn mechanism somewhere in all probability.

Posted

I showed this and another one to a friend of mine and he agree's with what you've been saying, but he did offer me $2200 for this and a 1963 double struck dollar. Temping but I think I'll keep them, I paid £52 for them both .

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