Canadian coins and another question

[bowfin]

Hi, Have been coin roll hunting for a couple of years. I have only been doing it off and on so my finds aren't that great(haven't bought boxes yet). I'm from Michigan, so I get a good amount of Canadian coins in change.

I have a 1968 Canadian dime and quarter. Wikipedia says that one kind of 1968 dime was 50/50 silver and copper and the other was nickel. How do I tell which one I have? Both the quarter and dime stick to a magnet. Are these 50% silver?

Also why is it recommended that you keep United States nickels pre 1961? I've read that a lot on this board, but haven't seen an explanation.

Am still kind of new and would appreciate any advice

My total finds so far
17 wheats(earliest being 1938)
2002 1 sen coin(bank negara Malaysia)
1949 Canadian cent
4 bicentennial quarters
Have looked through dimes and quarters, but haven't found any silver yet

I'm going to try to order a box or two of halves today

 

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[BBcardsRI]

Welcome to the forum!

Glad to have you and I'm sure you'll like it here... we have a great bunch of helpful CRH'ers here.

As far as the nickels. Anything pre-61 falls into book one of the whitman folders, and is also a lot lower mintage than post 61. 60-62 saw a big shift in mintages for nickels, from tens of millions to hundreds of millions for each year/mint. Some pre 61 are quite low mintage, but none are so incredibly rare as to prohibit a set from being completed.

People on this forum have put together complete sets of nickels just from CRH, while others have done so with the aid of a few trades. I've traded for a few toughies and am only 3 away from a complete set myself. They are fun as heck to go through and the only coin you regularly find oldies in (30's 40's and 50's). Plus you can get silver with the war nicks, etc. They just all around good coins. =)

As far as your canadian coinage, I believe the rule is that if they stick to a magnet they aren't silver. I am pretty sure that holds for 50% coinage. I'm not completely sure on this though, so you might want to wait for someone else to reply that knows more about the magnetic properties of coins before you dump that dime! =)

Once again, welcome to the forum!

~Dave

 

[bowfin]

Thanks BBcardsRI! That explained a lot. Just wish I hadn't mixed all of my nickels in with the change to be dumped later today . There were no war nickels, but I'm sure there were pre 61 nickels

 

[klava]

Also Canadian nickels pre 82 are .999 nickel and worth hanging onto aswell

 

[bowfin]

First day of hunting halves didn't go to great. Bought $6.50 between two branches of the same bank and a third branch sold me none. The teller at the third branch didn't bother to ask the other tellers. Might have made a mistake last week when I bought pennies at the third branch. I had told the teller that I was looking for wheats. Just recently learned that banks don't like CRH's. At the 2nd branch I visited they didn't ask me if I had an account before selling me coins, so it gives me a little more confidence that the same might work in banks I'm not a member of. The 2nd branch didn't know how to order boxes, but told me to call back when the manager's lunch was over.

All clad. Might try to get some more from another branch today
1776-1976 x 4
1971 x 2
1972
1974
1983
1985
1988
1996 P
2000

 

[thurmownator]

Also Canadian nickels pre 82 are .999 nickel and worth hanging onto aswell

Re: Canadian Dimes
Reply To This Topic #4 Posted Aug 12, 2008, 05:27:20 AM

All Canadian dimes and quarters, regardless of date or composition, have a sliver-like edge.

If the coin is dated 1967 or earlier, it is definitely silver. If it is dated 1969 or later, it is definitely not silver. Coins dated 1968 could be either variety. (Also, the silver purity in 1967 and 1968 coins may vary, either 80% or 50%.

See enclosed link: http://www.coinscan.com/technical/canasp.html