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1912 $5 gold Canadian coin

Posted: Thu Jan 10, 2019 11:01 am
by carlg
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.

Re: 1912 $5 gold Canadian coin

Posted: Thu Jan 10, 2019 2:41 pm
by Bill in Burl
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.

Re: 1912 $5 gold Canadian coin

Posted: Thu Jan 10, 2019 7:57 pm
by carlg
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

Posted: Tue Jan 15, 2019 6:10 pm
by carlg
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....

Re: 1912 $5 gold Canadian coin

Posted: Wed Jan 16, 2019 10:10 am
by troubadour

Re: 1912 $5 gold Canadian coin

Posted: Wed Jan 16, 2019 11:33 am
by carlg
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.