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Coinage
Penny Collector Member

Canada
303 Posts
Posted - 09/23/2009 :  19:15:25  Show Profile Send Coinage a Private Message
Hey, how many guys are Canadians in this forum?

I live in Vancouver, B.C. where you from?

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    fasTTcar
    Penny Hoarding Member



    Canada
    573 Posts
    Posted - 09/23/2009 :  21:45:11  Show Profile Send fasTTcar a Private Message
    London, ON here.
    www.londongoldbuyer.com
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    jin.coy
    Penny Pincher Member



    Canada
    128 Posts
    Posted - 09/23/2009 :  21:49:50  Show Profile Send jin.coy a Private Message
    Toronto, ON.

    Welcome to the forum Coinage
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    Coinage
    Penny Collector Member

    Canada
    303 Posts
    Posted - 09/23/2009 :  22:50:55  Show Profile Send Coinage a Private Message
    I'm buying my first box of Nickels tomorrow! Do you guys machine sort or hand sort?

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    Nickelmeister
    Penny Hoarding Member



    Canada
    588 Posts
    Posted - 09/23/2009 :  23:37:58  Show Profile Send Nickelmeister a Private Message
    Winnipeg, MB - home of the RCM!
    www.WinnipegGoldBuyer.com

    Standing offer for sale of quality, second-hand solid gold jewellery:

    <$100 USD worth - spot +25%, plus actual shipping
    $101-500 worth - spot +20%, plus actual shipping
    $501-1,000 worth - spot +15%, plus actual shipping
    $1,001+ worth - spot +10%, plus actual shipping
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    AGgressive Metal
    Administrator



    USA
    1937 Posts
    Posted - 09/24/2009 :  00:05:22  Show Profile Send AGgressive Metal a Private Message
    I once spent a week on PEI, do I count?
    And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
    -Caxton's edition of Aesop's Fables, 1484
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    jadedragon
    Administrator



    Canada
    3788 Posts
    Posted - 09/24/2009 :  03:47:56  Show Profile Send jadedragon a Private Message
    I'm in the Fraser Valley. I machine sort.
    “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
    Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
    Passive Income blog
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    Coinage
    Penny Collector Member

    Canada
    303 Posts
    Posted - 09/24/2009 :  18:48:59  Show Profile Send Coinage a Private Message
    I'm looking at how many Nickels were minted from 1968 to 1981... Is it really worth collecting Nickels? There's at least 5x as many 99.99 Nickel than there ever was in Silver quarters... and it took 20-30 years to really deplete that circulated Silver.

    .800 &.500 Silver Quarters 1960 -to- 1968 (8 years)... 254,318,650 minted
    99.99 Nickel 1975 -to- 1981 (6 years)... 840,504,002 minted

    Due to the internet selling capabilities, I would guess that Nickels might be scarce in 15 - 20 years.

    *Side note, I found an American silver Nickel in a box! woot-woot!*

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    Edited by - Coinage on 09/24/2009 19:39:41
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    jtm3
    Penny Pincher Member



    USA
    187 Posts
    Posted - 09/24/2009 :  20:02:14  Show Profile Send jtm3 a Private Message
    Of course... It is pure and with no melt ban this has (likely) already been taken into account of the nickel spot price.
    Copper Cent Hoarding Wiki

    coppercenthoarding.wikia.com

    +637 posts
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    Coinage
    Penny Collector Member

    Canada
    303 Posts
    Posted - 09/24/2009 :  20:13:01  Show Profile Send Coinage a Private Message
    its legal to melt nickels?

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    fasTTcar
    Penny Hoarding Member



    Canada
    573 Posts
    Posted - 09/24/2009 :  21:25:15  Show Profile Send fasTTcar a Private Message
    Not in Canada without a license.

    However, it is legal to export them and they can be melted the second they leave the country.
    www.londongoldbuyer.com
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    jadedragon
    Administrator



    Canada
    3788 Posts
    Posted - 09/25/2009 :  00:14:38  Show Profile Send jadedragon a Private Message
    While other countries have made pure Ni coins, they are not easily accessable to us in North America.
    While there have been a lot of Ni nickels made, the Mint and their agents are pulling them fast. Percentages are dropping - so if you want them you need to get them now.

    Coinage - you part of Coinage Distribution?
    “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
    Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
    Passive Income blog
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    Coinage
    Penny Collector Member

    Canada
    303 Posts
    Posted - 09/25/2009 :  00:28:21  Show Profile Send Coinage a Private Message
    No, I'm not part of "Coinage Distribution". They obviously stole my name.


    With Nickels for resale, do you charge any sort of premium for the hard work involved with buy and selling boxes also not to mention the time and equipment invested.


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    Edited by - Coinage on 09/25/2009 00:36:36
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    jadedragon
    Administrator



    Canada
    3788 Posts
    Posted - 09/25/2009 :  01:10:52  Show Profile Send jadedragon a Private Message
    Yes - check out You must be logged in to see this link. for smaller lots. FasTTcar sells in larger lots. I've sold a bunch but have limited stock right now.
    “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
    Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
    Passive Income blog
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    psi
    Penny Collector Member



    Canada
    399 Posts
    Posted - 09/26/2009 :  14:12:01  Show Profile Send psi a Private Message
    Welcome to the forum, nice to see another Canadian here. As jadedragon mentioned, the mint has been reclaiming nickel coins from circulation for a while now, which is why percentages are much lower now than they were a couple years ago. The effect seems to be much less pronounced in small towns though. Speaking of coinage distribution, whenever I get their machine-rolled coins they seem to be picked clean of everything but steel.
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    mickeyman
    Penny Pincher Member



    Canada
    243 Posts
    Posted - 09/30/2009 :  21:29:37  Show Profile Send mickeyman a Private Message
    I'm in Toronto . . . and in West Africa.
    Not all who wander are lost.
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    fasTTcar
    Penny Hoarding Member



    Canada
    573 Posts
    Posted - 09/30/2009 :  22:05:29  Show Profile Send fasTTcar a Private Message
    quote:
    Originally posted by psi

    Welcome to the forum, nice to see another Canadian here. As jadedragon mentioned, the mint has been reclaiming nickel coins from circulation for a while now, which is why percentages are much lower now than they were a couple years ago. The effect seems to be much less pronounced in small towns though. Speaking of coinage distribution, whenever I get their machine-rolled coins they seem to be picked clean of everything but steel.


    Coinage has a contract with the RCM and runs a alloy separation machine that pulls ALL nickel coins out of the sort.

    Pre 82 nickels used to appear in the low 20 percentile (1 in 5) are now right around 10%.
    www.londongoldbuyer.com
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    psi
    Penny Collector Member



    Canada
    399 Posts
    Posted - 10/01/2009 :  06:43:48  Show Profile Send psi a Private Message
    quote:
    Originally posted by fasTTcar
    Coinage has a contract with the RCM and runs a alloy separation machine that pulls ALL nickel coins out of the sort.


    Interesting, that's what I suspected but I wasn't sure. I've also had some generic looking machine rolls like this.
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    jadedragon
    Administrator



    Canada
    3788 Posts
    Posted - 10/01/2009 :  11:51:28  Show Profile Send jadedragon a Private Message
    They also pull all CuNi (5 cent) coins out. Doing it across the country.
    “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
    Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
    Passive Income blog
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    Coinage
    Penny Collector Member

    Canada
    303 Posts
    Posted - 10/01/2009 :  12:04:04  Show Profile Send Coinage a Private Message
    I talked to the Vancouver branch the other day... asking about purchasing coins, but you have to buy by the pallets. That would be a pretty big skunk if it was all steel.

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    Edited by - Coinage on 10/01/2009 12:05:50
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    fasTTcar
    Penny Hoarding Member



    Canada
    573 Posts
    Posted - 10/02/2009 :  17:14:36  Show Profile Send fasTTcar a Private Message
    Anecdotal update.

    I have been sorting nickels for over 2 years. Today was the first day that I fell under 10% on a sort of about $1000 worth.

    Someday, sooner than later, they will become as hard to find as junk silver in circulating coinage.
    www.londongoldbuyer.com
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    Coinage
    Penny Collector Member

    Canada
    303 Posts
    Posted - 10/02/2009 :  21:48:05  Show Profile Send Coinage a Private Message
    wow, youve been slugging it out for 2 years! smart guy.

    I better get started quick to get my piece of that pie.

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    metalmoney.ca
    Penny Pincher Member



    Canada
    223 Posts
    Posted - 10/03/2009 :  12:39:13  Show Profile Send metalmoney.ca a Private Message
    Toronto here!
    metal is a claim on future human labour. let's all go get some while the getting is good, eh?
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    Coinage
    Penny Collector Member

    Canada
    303 Posts
    Posted - 10/03/2009 :  22:31:51  Show Profile Send Coinage a Private Message
    found 2 Silver American nickels in 3 boxes... what are the odds!

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    2old
    Penny Pincher Member



    188 Posts
    Posted - 10/10/2009 :  11:34:54  Show Profile Send 2old a Private Message

    I am curious why you do nickels rather than Canadian cents, it seems the upside and odds are better on copper.
    1942 - 1977 Cent * $0.01 $0.0197315 X 5c = .09866
    1978 - 1979 Cent ** $0.01 $0.0196500
    1980 - 1981 Cent ** $0.01 $0.0169813
    1982 - 1996 Cent ** $0.01 $0.0151616
    1997 - 1999 Cent $0.01 $0.0046898
    1955 - 1981 Nickel $0.05 $0.0840404 = for five cents
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    psi
    Penny Collector Member



    Canada
    399 Posts
    Posted - 10/10/2009 :  12:40:01  Show Profile Send psi a Private Message
    The odds are much better for finding copper these days but nickel has recently hit prices much higher than where it is today, in the area of $20+/lb ($0.20+ melt value for nickels) for a brief period. Copper is much closer to its own historic highs right now. I used to do just nickels but I've started doing pennies and dimes as well as the nickel percentages tapered off.
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