Can someone explain this Canadian coin catalog to me?
Okay, I have "A Charlton Standard Catalogue: Canadian Coins Vol. 1 65th edition. ISBN: 978-0-88968-341-9. This is my first Canadian coin book and I don’t understand the pricing listed in it for the coins. For example it had a 1995 Loonie at "15." in MS-64 condition. Does that mean 15 cents over the face value? Or 15 dollars? It’s like that for all the coins in the book.
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No,…. it means exactly as it is written!! That means $15.00. It is clear.
Remember that this is for a MS-64, which is about the top condition for a coin. These are hard to come by. You would never find it in your pocket!!
Where the decimal point is, tells all. .15 is 15 cents and 15. is 15 dollars. The face value of the coin does not matter or add into the value. You also have to remember the catalog is a guide only and values are just that. They are what a coin should sell for but most of the time they are higher than reality. As was said, the reason the value is $15 for a one dollar coin is that in that grade the coin is not common. Hope this helps