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Investin Cents
Penny Pincher Member
USA
129 Posts |
 Posted - 11/06/2009 : 10:08:03
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Sorry if this topic has been covered before. I am going to a coin show this weekend in the hopes of buying a few 1968 Canadian Quarter & Dimes made of silver. But 2 kinds were made that year, Silver & Nickel. There is no way on the face of the coin to distinguish the 2. So how does one know what the composition of the coin is? Realize the coins may be in sealed covers & that this is a large show with many dealers & customers, so not much room or time to perform tests, etc.
Further, how would a dealer know the difference as well and be able to offer and sell those coins legitimately?
Any of our Canadian friends have any ideas? Thanks all! 
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Most recent book I've read: "Meltdown" by Thomas E. Woods Jr. Current book: "I.O.U.: Why Everyone Owes Everyone & No One Can Pay" by John Lanchester |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 11/06/2009 : 10:12:08
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Quick and simple magnet test. Nickel is attracted, silver is not.
You can actually tell them apart just by looking (with some experience), but a magnet is 100% foolproof. |
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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Investin Cents
Penny Pincher Member
USA
129 Posts |
Posted - 11/06/2009 : 11:08:49
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Thanks for the fast reply & great tip! I don't deal with Nickel much so I did not realize that.
So you don't think I'd upset the dealer to bring a magnet & test each one as I sort them, huh? Like they say, "It's not personal, it's business."  |
Most recent book I've read: "Meltdown" by Thomas E. Woods Jr. Current book: "I.O.U.: Why Everyone Owes Everyone & No One Can Pay" by John Lanchester |
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El Dee
Penny Hoarding Member
USA
547 Posts |
Posted - 11/06/2009 : 11:14:42
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If the dealer is worried about your touching a magnet to the coin, just use a cheap compass.
If the needle swings, it's nickel.
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Trust the government? Ask an Indian. |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 11/06/2009 : 11:15:34
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| Magnets make sorting fast and simple. Just wave it above the pile of coins and the "bad" ones magically get taken away! LOL |
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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jadedragon
Administrator
Canada
3788 Posts |
Posted - 11/06/2009 : 20:54:26
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| Ya get a silver one, plus a Ni one from any year up to 1999. Compare and you can tell they look different. |
“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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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
 Posted - 11/08/2009 : 11:07:31
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I am not sure if this will work with the Canadian silver coins but it does with the US 90% silver coins.
Take a small sheet of white tissue paper with you. Since the dealers all have the bright lights to show off their displays that part is covered for you.
Place the white tissue paper over the coins with the bright light from above. The silver coins will sort of glow. You'll see the difference instantly.
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1968 Canadian Quarters & Dimes - AG or not?
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