| T O P I C R E V I E W |
| mickeyman |
Posted - 05/10/2008 : 23:10:52
I have started detailed counts on Canadian nickels to try to figure out the effects of new minting of steel nickels plus the effects of hoarding/alloy recovery program.
I am using as a base the results of my survey late last year. At that time, based on about 500 rolls, I found the percentage of .999 Ni to be 21.2%, the percentage of cupronickel to be 52.9%, and the observed percentage of 2007 steelies to be 4.96%
I have noticed a lot of 2007s this year, so it may be that the Mint added another slug of 2007s since November (where my last numbers were measured)
My hypothesis is that some .999 Ni have been removed from circulation (x1). Some CuNi have been removed from circulation (x2). Some more 2007s have been added to circulation (x3). And some 2008s have been added to circulation (x4). x1, x2, x3, and x4 are found from observations of the numbers of .999 Ni (A), CuNi (B), numbers of 2007s (C) and the observed number of 2008s (D) using a system of four equations.
My current observations which are based on a very small sample (80 rolls from six different banks) are
.999 Ni (15.56%)
Cu Ni (42.28%)
2007s (13.72%)
2008s (3.53%)
If these numbers hold (and I suspect the .999 Ni will rise as I ended up with a bunch of pre-sorted rolls from one normally reliable bank), the numbers suggest
--the Mint has added 2008s equivalent to 3% of previous circulation so far (probably more will be added as the year progresses)
the Mint added another slug of 2007s at the end of last year equivalent to 6.5% of all nickels in circulation, more than doubling the number of 2007s in circulation as of last November. This may be to make up for . . .
. . . nearly 1/3 of circulating CuNi nickels have been removed from circulation. Folks, this is more than hoarders would take out, as most hoarders are not big on cupronickel.
. . . over 1/3 of circulating .999 Ni have been removed from circulation (again, this number will probably moderate somewhat). Again, this is much more than hoarders would have taken out. I think the Mint has become active in removing nickels from circulation.
THese numbers will improve as more rolls are counted. |
| 25 L A T E S T R E P L I E S (Newest First) |
| dpwozney |
Posted - 03/05/2010 : 20:02:06
20 rolls of Canadian nickels
56 Ni (7.0% Ni)
|
| Junk Woody |
Posted - 02/25/2010 : 11:48:49
WOW what a super box you got Apocalypto,congrats on finding a "helpful" teller as well. |
| Apocalypto |
Posted - 02/25/2010 : 00:59:07
1 box yielded:
520 Ni (26%)
And:
1 Australian 5 cent
A very nice high-percentage box. Most of the Ni are fairly clean coins from the 70's. I got this from a woman at the bank I've never seen before. She must be new. She asked me the usual inquisitive questions "What do you need them for?" then she asked me something very interesting. "Are you searching for silver?" I thought this was interesting because most young tellers don't have a clue about coinage. Even though I was searching for Ni in a 5 cent box at least she knows there is silver out there. I explained that to her and she just brushed it off, saying by the end of the day she is so tired of looking at coinage and bills that she doesn't want to deal with it.
It's amazing how much help you can get from tellers. If you find one like her, very friendly and willing to help, just politely ask them to set aside any "old" or interesting coins that they find, and in many cases they will. You can even ask them to keep their eyes open for silver coins. Just specify the years. Some of them will help you out. |
| Junk Woody |
Posted - 02/24/2010 : 11:32:52
1 block($20) yielded 17% Ni
Got my 1st 1951 Commemorative nickel and it's in super shape,also a 1962 12 sided YLz
7 US oldest being a 1970 |
| Dave |
Posted - 02/24/2010 : 05:24:56
Zero in $ 30 CWR. They have been harder to find in the last month or two. |
| garnede |
Posted - 02/23/2010 : 16:57:45
$40 CWR nickels produced 3 .999 canadian |
| garnede |
Posted - 02/21/2010 : 16:18:11
$68 CWR
9 canadian pre 82
$30 BWR
zero |
| garnede |
Posted - 02/20/2010 : 02:19:38
4 in $50 CWR's |
| Junk Woody |
Posted - 02/18/2010 : 17:26:52
I picked up 3 blocks($60) of nickels
$9 Ni (15%)
6 12 sides 1949 1957 1960 2-1961 1962
4 YLz'z 1963 3-1964
2 Rabbits
24 US oldest being 1974
2 foreign
UK 1983 20 Pence
NZ 2006 BU looking 20 cent |
| Apocalypto |
Posted - 02/14/2010 : 01:40:26
Hi guys! It's been a while. Hope you've all been well.
1 box yielded:
179 Ni (8.95%)
And:
34 U.S., 1x37 dot, 1x39, 1x49, 1x58, No foreign
The 49 is very special. It has a very nice toning on both sides, a dark brassy color with a blue-green inside and around the lettering and numbering. I've never found a Canadian nickel with this kind of toning. |
| metalmoney.ca |
Posted - 02/12/2010 : 09:33:05
Jade: I never thanked you for the info on 2000-2006 CuNi's
I came across a chart on here a while back, showing someone did metal analysis on canadian nickels from that date range, and the %'s of steel vs CuNi's. I bet they could have saved a lot of effort if they knew what you had shared.
My question: I'm keeping those 2000-2006 CuNi nickels seperate from the 82-99, because I feel that in the (distant) future they will command a premium due to low mintages and the dreaded ARP. what are your thoughts? |
| cwgii |
Posted - 02/12/2010 : 08:20:28
my first 'old ' canadian..... 1935. cool , i had had not seen one before. |
| PreservingThePast |
Posted - 02/02/2010 : 19:32:27
Posted the following today in the Currently Circulating World Coins. Don't know why my brain didn't work to post it here.
Maybe some of you will know something about this possible error??? The dime I mention I also posted in that same topic yesterday when I found a possible error on a 2001 Canadian Special Edition honoring volunteers.
-------
From the same bank that I found the unusual 2001 Canadian dime, I now find a 1982 Canadian nickel that is about the thickness/thinness of a dime and it weighs about 2.6 - 2.7 grams.
I tried to find a website that would give me some info on this nickel. What I could find said:
-From 1982 to 1998 it becomes 75% copper and 25% nickel with a weight of 4.60 grams.
It also mentions this:
some off-metal transitional error
What would that be???
This is the website I found for info on this nickel.
http://coinedformoney.blogspot.com/2009/08/1982-canada-five-cents.html br /
Any help would be appreciated. Thanks.
Enjoy your coin searches, everyone.  |
| Junk Woody |
Posted - 02/01/2010 : 18:25:23
Congrats on the 1933 George V,I've yet to find one in the wild.
Nickels seem to be a good size to get foreign coin hitch hikers in the rolls.
|
| 1945V |
Posted - 02/01/2010 : 18:11:25
Searched 80 rolls (3200 nickels) today:
Found the following:
- 380 x Ni (11.8%)
- Found my first George V for the year, 1933
- Also found 1939, 1947, 1955, 1957, 1960, 3 x 1961, 1962, 1965 BU and 1967 rabbit
- 85 x Americans
- Assortment of 10 foreign coin (most Asian with Chinese writing, including one with a hole, one 50 cent Euro)
|
| nologiks |
Posted - 01/28/2010 : 10:47:09
I wish i could get me some of those nickels.. :) |
| dpwozney |
Posted - 01/23/2010 : 19:36:50
20 rolls of Canadian nickels
72 Ni (9.0% Ni)
|
| 1945V |
Posted - 01/22/2010 : 06:36:58
Junk Woody,
You are getting some excellent percenages on Nickels.
I get excited with anything over 10%. |
| 1945V |
Posted - 01/22/2010 : 06:25:06
Jadedragon.
Typically, I find one silver dime in $100 (or 1000 dimes).
I have had some lucky strikes (one roll of 46 x 1967 BU + 4 US silver coins, 10 rolls with 15 x 1968 silvers and one roll with 7 silvers 1950-1966)
I think overall, I searched 100,000 to 125,000 dimes.
I am still searching this year, but at a reduced rate.
This year, I have found a 1968 silver quarter and 1964 dime. |
| Junk Woody |
Posted - 01/22/2010 : 01:43:34
I would imagine more than $30,000 ?? |
| jadedragon |
Posted - 01/22/2010 : 01:06:16
quote:
Originally posted by 1945V
Junk Woody,
Last year when I was heavily into searching dime rolls, I found about 175 silver dimes, but it was alot of work.
How many dimes you do for that? I've tried dimes but really slow going. |
| Junk Woody |
Posted - 01/21/2010 : 22:16:12
One box (50 rolls) searched
322 Ni 16.1%
1- 1940
6- 12 sided young Liz'z(all 60-62's)
a couple of nice looking 63's
2 bonus dimes
3 foreign coins:
Thailand 2 Bhat(?) looks pretty new
1991 Beatrix Koningin Der Nederlanden 5ct
1982 UK 20 Pence
No rabbits :( |
| 1945V |
Posted - 01/21/2010 : 15:40:07
Searched through another batch of 30 rolls:
- 82 x Ni (6.85 %), This number is unexpected low considering I went to some new banks not normally on my route.
- 1959, 1961, 1962
- 32 x Americans (all 1964 and above)
Dime searching yielded a 1964 silver and in my penny rolls I found a 1931 and 1938. |
| Junk Woody |
Posted - 01/20/2010 : 20:03:32
1 block of 10 rolls sorted
15% Ni
1 1945 V nickel
3 1962's
AUish 1963
2 1964's
1 1962 Jeffy |
| 1945V |
Posted - 01/18/2010 : 14:37:48
I picked up 60 rolls today and percentages were better than usual.
One roll must have been someone's collection dump (All Ni, coins were 1965,66,68 and 69, all circulated)
- 325 x Ni (13.5%)
- 1 x 1967 and 11 x twelve sided QEs (1956-1962)
- 55 X Americans
- 0 x foreign coins today
|
