New Discovery Canadian Nickels Prompt Furious Search - 1932 Far 2 Variety

The last few months, I've been monitoring the activity of these new nickel varieties that were discovered in 2007.  According to an ongoing forum topic on coincommunity.com, there is a new variety that is taking the Canadian coin collecting community by storm, and it is the 1932 nickel with the "Far 2" numeral in the date. There are other variations of this same type in other dates in the series, most notably the 1926 semi key with a "far 6" in the date.  The "Far 2" variety is found in less than 2% of the current mintage of 1932 dated coins searched through.

How does this new find translate to current market demand?  Believe it or not, this is a surprising stat for such an "under the radar" date in Canada nickels.  Right now, supply is low enough that it will sustain a profitable price level until more collectors make it out into the hobby and then I would imagine this price to ascend.  Lower graded examples have sold in the $150-$200 range, but expect more in the $400-$700 arena for anything higher than an XF. The best method of cherrypicking these coins are in the bulk foreign coin bins or even in dealer backup supply.  Keep in mind, very few dealers know about this variety, so there is a great chance you will be able to obtain a relatively high grade example that is unattributed.  Please refer to the reference photo below for diagnostic information. And to become a part of the discussion on coincommunity.com, here is the link: http://www.coincommunity.com/forum/topic.asp?TOPIC_ID=77970&whichpage=1