Awhile back there was a thread on US 1964 nickels, and how there were an unusual number of them minted as the US went off silver coins. Does anyone know if something similar happened when Canada went off silver coins (1968)?
The thought came to mind as I was sorting some rolls and found a good number of BU 1968 Canadian nickels scattered amongst rolls of mainly cupronickel and steel. In one roll, the 1968s were the only pure Ni coins present, and there were ten of them. It looks like someone's collection was fed into the mill.
Awhile back there was a thread on US 1964 nickels, and how there were an unusual number of them minted as the US went off silver coins. Does anyone know if something similar happened when Canada went off silver coins (1968)?
The thought came to mind as I was sorting some rolls and found a good number of BU 1968 Canadian nickels scattered amongst rolls of mainly cupronickel and steel. In one roll, the 1968s were the only pure Ni coins present, and there were ten of them. It looks like someone's collection was fed into the mill.
*edit* Sorry, I wrote the mintages for the wrong type of coin. The mintages in the post below are correct.
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I've noticed the same thing - your post prompted me to check my coin book.
Cdn nickels Millions minted:
1965 85 (we see lots of these too) 1966 28 1967 37 (Bunny) 1968 99 (year you mentioned) 1969 28 1970 6 ($0.75 in MS-63) 1971 27 1972 62 1973 54 1974 95 1975 139 1976 55 1977 89 1978 137
Interestingly the 2000P is listed as 5 million made and sells for $ 4.00 in MS-63. First year it was plated steel. So based on that maybe I'll start saving my 2000P's for collection value and my 2000 (106 million) regular for the CuNi value. Up till now I've been releasing them all.
I'd have to guess there was a shortage of Quarters and Dimes in 1967/68 and that they compensated with almost a 100 million Nickels.
“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
Must have been posting same time as kieblera5. My numbers are from 2008 Coins of Canada by haxby and Willey. Not sure where the other numbers came from - they look way too low and I've never heard of the mint releasing down the the coin "estimates".
“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
Canada 1968
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Posted - 06/10/2008 : 22:13:41
