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mickeyman
Penny Pincher Member
Canada
243 Posts |
 Posted - 10/13/2007 : 19:54:44
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Neither of these are worth collecting for the nickel (pre-2000), but they may be at some time in the future. They may also be good for numismatic purposes, as presumably the Mint's ARP is targetted at these as well.
I was disappointed after buying a few rolls of quarters--I was expecting that the number of pre-2000's would be at least 50%, but the numbers were really, really low (< 30% from two banks). On the other hand, dimes ran about 65% pre-2000. Does anyone know if dimes are too hard to sort mechanically--maybe the Mint isn't bothering with them? If so, Canadian quarters may be worth hoarding.
Warning--the above analysis is based on a painfully small sample size.
Not all who wander are lost.
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Cerulean
Penny Hoarding Member
USA
993 Posts |
Posted - 10/15/2007 : 13:28:30
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Let me add to your sample size by one...
I was in St. John's, Newfoundland in August. I still found handfuls of copper cents (approx. 40%-ish), and many solid-nickel nickels, dimes, and quarters there (approx. 30 to 40%-ish). None of the obsolete metals were scarce or rare at all. This is all from circulation; I wasn't able to pick up any rolls and calculate percentages.
RUNNING TOTAL
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3501 zincs (1982-2007) 75.4%
1106 coppers (1959-1982) 23.8%
31 wheats (1920-1958)
7 Canadian (1968-1995)
1 dime (2004)
Wanna take money away from the Fed? Spend dollar coins! |
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n/a
deleted
4 Posts |
Posted - 10/16/2007 : 11:58:04
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My thoughts, as a Canadian, are that with quarters being more circulated, they get sorted by the mint more frequently. It's no secret the mint is purging the nickel coins in favour of the steel plated ones. The question is how long will they remain in circulation.
The change I typcially receive is mostly the plated coins now. I do actively sort through them so that I can have a few in my collection before they become more difficult to find. My guess is another 5 years and the steel coins will dominate our change. |
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mickeyman
Penny Pincher Member
Canada
243 Posts |
Posted - 10/17/2007 : 15:11:23
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They already seem to be dominating the quarters. I bought another roll at a bank where the nickels are normally really good. It had three nickel quarters, the rest plated.
In my neighbourhood, the nickels are pretty good at the banks, because the area has a lot of old homes (pre-1940's) with people that have lived there a long time. These people were likely to save up big jars of pennies and nickels. But they might not store up a lot of quarters because they are easier to spend than nickels.
Not all who wander are lost. |
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Differences in Canadian quarters vs. dimes
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