1950 Canadian Silver Dollar, continued. This coin is an ARN (1 1/2 water lines at right. In MS-65 condition trend is around $6000.00. This coin is around EF-40 to AU-50, trend value around $40.00 to $50.00. Out of the five varieties I only have two,the SWL and ARN. The 1950 ARN DHP has not been recorded above MS-63 and its trend is less then the ARN. The Matte however has only been recorded in SP-65 condition, meaning Specimen finish, the second highest quality found on a coin. All the varieties are all included in the total mintage of 261,002.

1950 Canadian Silver Dollar, mintage 261,002. There are five varieties of this coin, FWL (4 full water lines at the right), SWL (3-4 short water lines at the right), ARN (1 1/2 water lines at the right), ARN DHP (same as ARN only the HP on the Obverse is double struck) and Matte ( none found from VF-20 to MS-66 only found in SP-65, trend value $20,000.00). The 1950 FWL at MS-65 has a trend value of $350.00, again finding a coin in this condition is not easy. I do not have a FWL so we will move onto 1950 SWL, trend value at MS-65 is around $4000.00. This coin shown is around EF-20 trend around $35.00, dealer would buy for 25% of trend.

1949 Canadian Silver Dollar, another commerative coin, the year NewFoundland became the tenth province of Canada. Not a hard coin to find, lots on E-Bay at different prices and conditions. In MS-65 condition, trend value is $125.00, mintage is 672,218. Again we do not really know how many are still in exsistence. Staring in 1977 silver started to rise rapidly in value untill 1980 and it started to decline. A lot of silver coins were melted down during this period, how many, no records I can find. I have attached a link to show this is now happening again, silver is on the rise, and I am sure a lot of silver is going to be melted down. A lot of wholesalers are offering to buy your silver coins at bullion value. I would say this coin is somwhere around EF-20, trend is $25.00, which says a dealer would pay you $6.25 for it.

Before I move on I need to answer some questions that I have received through e-mail. The popular question is "What is Trend Value". If you watch the stock market you have a good idea on Trends. Trend Value is the fair market price at a certain time, this can and will change over time, up or down. Your own car has a certain market value, this information can be obtained from what they call the Blue Book. For coins you can get this information from the Coin News or a Charlton Standard Catalogue. The informaation from these sources will give you a fair market Trend Value. However take note this dose not mean that you will get this for the coin if you were to sell it to a dealer or other buyers of coins. There are two types of dealers, one who buys wholesale, buys from coin shows or autions or complete colletions.The other is a retailer who buys from wholesalers or those that just walk into thier store selling thier coins. They also have thier own buying guide book, which is far below Trend Value. The wholesale buyer is sure to have one, too convince you to sell cheap. For example, a 1949 Canadian Silver Dollar has a fair market value today in MS-65 condition of $125.00. A retail dealer will offer you around $25.00 to $30.00 for it. Usually a dealer will offer you 25% of Trend value. Now a wholesaler buyer will offer you around $10.00 and then sell to the retailer for $25.00. Then the retailer will sell it for around $110.00, just a little below Trend. Some dealers will actually sell at Trend, you can check this by looking at some retailer web sites. Also remember if you take your coin to a dealer and you say "I saw the value in The Coin News", they will always tell you "do not pay attention to that" and then bring out what they say is the real guide for coin values. If you have a coin you think is valuable, do some research.

1948 Canadian Silver Dollar, lowest mintage of all Canadian Silver Dollars, 18,780. Even in F-12 condition you are looking at $900.00 plus, MS-65 you are up to around $12,000.00 trend value. About 5 available on E-Bay, but be carefull that you are getting what you are paying for. Even with such a low mintage we still really do not know how many are still around, very popular coin. Again I do not have a picture as I do not have one, I wish.

1947 Canadian Silver Dollar, another key date coin and not easy to get in good condition.The mintage is divided up between 1947 Pt 7(pointed 7), mintage 65,595 and 1947 ML (maple leaf). Note that the 1947 ML Silver Dollar was also struck in 1948. In total there are 12 different varieties of this coin ranging from $150.00 to $300.00 trend value in VF-20 condition. In MS-65 condition only two dates have been recorded and the trend value in this condition is around $10,000. Again no picture as I do not have one, even on E-Bay the coin starts around $200.00.

1946 Canadian Silver Dollar, considered another key date coin, mintage 93,055. This coin is really not easy to obtain in great condition. There are three varieties for this coin, 1946 FWL (full water lines), 1946 FWL,DHP (full water lines, with the HP on the coin looking like it was double struck) and 1946 SWL (single water line). In MS-65 condition only the 1946 FWL has been recorded and that has a trend value of $8,500.00. A few available on E-bay but most not in the best condition and as I do not have a picture, I do not have one. I would prefer to has something EF-40 and above, but just a little too much right now. If you collect coins it is better to try and get the best condition you can afford, if worse comes too worse to complete a collection then you have to settle for a lesser coin grade.

1945 Canadian Silver, this is considered a key date, only 38,391 were minted. Even at VF-20 condition the trend value is $200.00 moving up to $10,000 in MS-65 condition. No picture as I do not have one, but keeping my eye on the The Coin Show. Availble on E-Bay starting over $200.00.

There were no Canadian Silver Dollars minted in 1940 - 41 - 42 - 43 & 44.

1939 Silver Dollar, mintage 1,363,816. This is also a commemorative coin to mark the visit of George VI and Queen Elizabeth to Canada, and was saved by a lot of people as a keep sake. Available on E-Bay right now starting at a $1.44 and not a hard coin to obtain. MS-65 trend value $775.00. understand though MS-65 is a coin that has been in circulation and has servived with no marks that can be seen with the naked eye. Even if the coin looks perfect under closer view with high powered magnification one will find marks that may change it from MS-65 to MS-63. Lets say this one is aaround AU-50 to MS-60, trend value around $20.00 to $30.00, dealer would probably offer you somewhere around $5-00 to $10-00.

1938 Silver Dollar, now we are getting into some serious coins. One of the lowest mintage of the Silver Dollars, mintage 90,304, not an easy coin to find. I cannot show a picture as I do not have one, yet. Available on E-Bay at various prices, but prefer to have one around EF-40 or up, just a little too high for me right now, maybe I'll get lucky on the The Coin Show ( Shopping Channel). Again we do not really know how many are still around out of the 90,304. We must remember in 1980 silver was at its highest value ever, over $20.00 an ounce. Just like Gold today every body that needed some quick cash had them melted down for its bullion value, no records are available that I can find. At a trend value of MS-65 this coin is valued at $10,000, even in VF-20 you are looking at $75.00.

1937 Canadian Silver Dollar, mintage 241,002. Now we have a change, a new Face on the Silver Dollar, George VI - 1937 - 1952. Nothing has really changed in the value situation, 1937 has more trend value then both 1935 & 1936. One thing to note about this coin is that a MS-65 has not yet been recorded.



1935 - MS-65 - Trend $500.00 - Mintage 428,707

1936 - MS-65 - Trend $2000.00 - Mintage 306,100

1937 - MS-65 - Trend Unknown - Mintage 241,002



Again MS-65 is almost a perfect coin, and not too many are around. I use the grade MS-65 here just for value. Really any real Collector never puts a value on his or her Collection.
This coin is somewhere around EF-40 to AU-50. Trend $35.00 to $40.00, again easy to buy on E-Bay for around $6.00 up depending on condition, or what you can afford.

1936 Canadian Silver Dollar. Nothing changes here except the mintage, only 306,100 were minted. Not a commemorative coin but the last of the George V Siver Dollars. Trend values are a little higher then the 1935. Lets say this one is around a AU-50 to MS-60, some wear can be seen but very few straches and no bag marks. Trend value $60.00, selling price to a dealer again between $15.00 to $20.00. Very easy to buy on E-Bay from $12.00 up depending on condition.

1935 Canadian Silver Dollar, this is the first Silver dollar minted, with a mintage of 428,707
This is a commenorative coin which marked the 25th anniversary of the accession of King George V. When they were minted a lot of people kept them as keep sakes and even till today they are easy to find. You can buy them on E-Bay starting around $5.00 or even cheaper if someone has just posted it for .99 cents. We do not really know actually how many are still around, as there is no record that is obtainable from the mint on how many have been melted and we will never know how many were just lost. And it can get confusing when you see a later date coin with a higher mintage worth more.
For example a 1935 Silver Dollar in MS-65 condition (mint state), meaning its been in circulation but is still in perfect condition with no visable marks on it that can been seen with the naked eye. The trend value would be $500.00.
Now lets look at a 1964 Silver Dollar which is also a commemorative coin marking the centennial of the 1864 meetings in Charlottetown, P.E.I and Quebec City. The mintage was 7,296,832 and in MS-65 condition has a trend value of $1,500. Strange enough there is a high demand for this coin in this condition, meaning that they might be hard to find and a lot were melted down or are being hoarded in large quanities. Again there are no records which are obtainable on how many were melted down, if we knew this information it could change the value of coins a great deal.

GRADING COINS.
There are no exact scientific means available to measure the surface of coins, so grading is an art that takes into account many factors, both objective and subjective. Coin grading involves much more than simple determining whether the coin has seen wear or not. With eleven different Minstate grades to chose from, the grader must accurately assess the condition of the surfaces, the qualitly of the lustre and the fullness of the strike, as well as the interplay of these factors with each other. With circulated coins, the amount of wear is the most important consideration. But fullness of the strike, the amount and quality of the residual lustre, the condition of the surfaces, the general quality of the piece, and many other factors also lend an influence. Grading coins can be very complicated and causes a lot of different opinions between collectors as each has their own opinion of the grade of a certain coin. The only way to settle this is to have the coin certified. Sheldon' numerical system is generally accepted today as the standard for grading in most areas. Grades go from AG-3 (About Good) to MS-70 ( Perfect Mintstate) MS-70 is never seen that I have heard about. Lets say the above 1935 Siver Dollar grade is MS-62, the Trend value today is $80.00. If you were to take it to a dealer you would probably be offered from $15.00 to $20.0 This may be surprising to you especially as this is Canada's first Silver Dollar and there were only 428,707 minted.

Before I comment on any coins I will show here let me say something about putting a value on a coin.
The value of a coin on the numismatic market is dictated by a complex mixture of factors. One feature that those unfamiliar with coins often mistakenly believe to be of great importance is age. That age is a minor contributor to value is illustrated by the fact that the 1969 Large Date variety 10 cents is worth more than the 1870 10-cent piece, a coin nearly 100 years older!
Basically, a coins's value is determined by a combination of supply and demand. The 1870 50-cent piece does no command a premium as the 1921 coin of the same denomination because there are many more 1870s than 1921s available.
Finally, the state of preservation of a coin markedly influences its value. It is not unusual for a uncirculated (brand new) George V sivler coin, for example, to sell for 100 times what a coin of the same date and denominatin would bring in well-worn condition.
I will explain grading later.