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103 Posts |
 Posted - 03/17/2007 : 18:35:27
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<SLV>
Registered User Join Date: Apr 2006
Posts: 1,444
Re: Possible Nickel Shortage
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Quote:
Originally Posted by Ivanhoe
I'm sure there have been inaccuracies, but those specs are spot-on. A 1981 & Prior Canadian Nickel is indeed 4.54 grams and is made up of 99.9% Pure Nickel. 100 Canadian Nickels = 1 lb. which = $26 Canadian, so Nickels with these dates are in fact worth 5 times their face value."
"Have you done metalurgical tests on thousands of samples? I have. I speak from that experience." - SLV
The above was posted on another forum. I asked SLV what the results of his test were. I'll keep you all posted if and when he replies.
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The above post is intended for entertainment purposes only and in no way reflect the opinions of the flesh and blood person writing the text. All writings under the screen name "copperhead" are merely a characterization of the personna created.
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/17/2007 : 20:23:34
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slv, I'm guessing, uses an acid surface test. Nickels tend to get in odd places and covered with odd substances, so they can develop skins of very funky composition. Unless he's melted, say, ten coins together and heated it high enough to burn off organic impurities, and then assayed it, his results don't matter.
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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 03/18/2007 : 07:03:03
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Now I got my feet into this ...........
Originally Posted by Ardent Listener
This part of the thread is of interest on the penny forum. Here is one reply to copperhead's question about the purity of Canadian nickels.
"slv, I'm guessing, uses an acid surface test. Nickels tend to get in odd places and covered with odd substances, so they can develop skins of very funky composition. Unless he's melted, say, ten coins together and heated it high enough to burn off organic impurities, and then assayed it, his results don't matter."
Whatever. I've probably said too much.
I'm sure about my results. We used multiple processes to verify the surface and core composition of EACH sample coin (thousands of both nickels and pennies). Every coin's date was verified by hand and catalogued into a spreadsheet. I consider this to be proprietary information because I have yet to see anything this accurate or comprehensive in the public domain.
Nobody has to believe me. I really don't care if they do. The fact that I have handled hundreds of millions of coins (for the purpose of alloy recovery) should give me some credibility.
If you don't believe me, then do your own tests on thousands of samples.
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For good times to come or bad times to come, now is the time to save your copper or nickel coins. |
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103 Posts |
Posted - 03/18/2007 : 10:08:37
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I respect SVL and I can't see why he would lie about something like this. But if I were to say that I tested 90% silver coins and they tested out at 87% then I would expect people to question me as to how I tested them. No disrespect intended to him.
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The above post is intended for entertainment purposes only and in no way reflect the opinions of the flesh and blood person writing the text. All writings under the screen name "copperhead" are merely a characterization of the personna created. |
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479 Posts |
Posted - 03/18/2007 : 15:43:07
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Sorry to keep harping on my same old tired refrain, but ...
I think these coins will remain coins and will NOT be melted down.
To Melt, or Not to Melt, that is the qwestion, right?
Well, ... my answer is ... drum roll please ...
NO
I think that coins are useful in the condition that they are in.
They should be used as coins.
If the price of nickel or copper or whatnot goes up, then those coins become more valueable.
I assume that it would be a very rare cicomestance indeed when it would be "worth it" to melt coins and use them for other purposes.
This assumption becomes gradually more true as the price of energy increases.
So all the talk about melt value is important in helping us agree on a value for these coins, but
actually melting them destroys some of their value and therefore one should think carefully about melting.
In general, I wouldn't melt coins unless there was some awefully compelling evidence that the melted metal was worth more than the coin's future value and the cost of melting COMBINED.
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/19/2007 : 01:47:36
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So he claims they're not pure but he won't release how impure they are because it's somehow secret infromation? What a trollhole.
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C. Montgomery Burns
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103 Posts |
Posted - 03/27/2007 : 11:44:36
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[QUOTE=<SLV>;551061]The RCM is a "for profit" corporation. They are not funded by the government of Canada, they are OWNED by the government of Canada. This means that they are more dynamic in the marketplace. Whereas it would take an act of Congress for the US Mint to change the alloy of its coinage, the RCM can make these changes on a whim if it is financially beneficial.
Our testing concluded that the RCM has regularly struck coins of multiple alloys within the same year. Probably due to availability and cost - they went with whatever was the cheapest planchet for the moment. This is especially true of the last 10 years.
Bottom line is, however, I can't say more than this. Do your own tests on thousands of samples and you will see what I have learned.
PS - I'm not talking about minor differences... I'm talking about the simultaneous minting of Steel, Zinc, Bronze and Cupronickel - major differences within the same mintage year. Alloys which don't exist according to availble information on the internet as well as the Standard Catalog of World Coins.
Regarding purity, the Canadian coinage has consistently been of a more valuable alloy than the US coinage (speaking in general). Also, they are the most respected mint in the world. Nobody has their technology. In fact, I happen to know that right now the US Mint is receiving consultation from the RCM regarding their proprietary steel plating technology.[/QUOTE]
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The above post is intended for entertainment purposes only and in no way reflect the opinions of the flesh and blood person writing the text. All writings under the screen name "copperhead" are merely a characterization of the personna created. |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 03/27/2007 : 16:38:33
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"Our testing concluded that the RCM has regularly struck coins of multiple alloys within the same year. Probably due to availability and cost - they went with whatever was the cheapest planchet for the moment. This is especially true of the last 10 years."
Well, since we're talking about coins minted over 20 years ago (pre-1981) I fail to see how variations in the past 10 years have anything to do with the discussion. I mean, we already know and acknolege that they have switched composition repeatedly in the past ten years. We're talking about pre-1981 only!
________________________
"A nickel's nothing to scoff at."
C. Montgomery Burns
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4 Posts |
Posted - 04/05/2007 : 17:58:23
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| I got a non-magnetic 2006 Canadian nickel today. Anyone got a clue what it's made of? |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 04/05/2007 : 23:53:57
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Cupronickel.
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Maybe Canadian nickels are not pure
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