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TheForce
Pillar Of The Community
United States
2695 Posts
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Did pre Loonie dollars circulate much at all? Are many 50 cent coins in circulation?
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Valued Member
Canada
98 Posts |
Hi nds76,
I haven't seen a circulating half in all my life (although a few people I know got some in 2002 when the mint tried to kick-start interest in them). The nickel dollars didn't see much use either, the dollar bill was still in use and was much preferred.
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Pillar Of The Community
United States
2695 Posts |
I find it fascinating that such coins were produced even when they don't circulate well.
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Pillar Of The Community
Canada
1106 Posts |
I use to spend the nickel dollars when I had them. My sister who worked at a bank last year sold me 38 of them that a customer cashed in. I kept them for about a week then got rid of them for face value. The 50 cent coins hardly at all. The 2002 50 cent coins were a different story. They were a commemorative coin for QE II's 50th year on the throne. They were distributed through Laura Secord Chocolate shops where you buy them in groups of 5 or 10 inside plastic bags attached to a commemorative card. I bought about 2000 dollars worth abd spent every one except the one I put in my book.
Edited by chrycopaul
12/04/2007 10:51 pm
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Pillar Of The Community
United States
2695 Posts |
Was the 50 coin really ever used other than the 2002 you mentioned? Seems odd producing coins exclusively for sets and not circulation.
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Pillar Of The Community
Canada
1106 Posts |
quote:
Seems odd producing coins exclusively for sets and not circulation.
They were not issued just for sets but were available in rolls.
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Valued Member
Canada
98 Posts |
Saying they were available in rolls is slightly misleading; you could only get the rolls from the mint or a coin dealer; the general public didn't have access to these rolls and didn't see any of these coins. A few thousand were produced for circulation though.
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Pillar Of The Community
United States
2695 Posts |
I would be curious to know if the general public even knows about these coins or ever seen/used one. I had forgotten they were available in rolls from the RCM.
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Pillar Of The Community
Canada
965 Posts |
I can't even get half dollars from any of the banks I deal with, unless a customer brings them in. The tellers know I'll be by once a week, and hang onto them for me, but it's only happened three times in the last 15 months.  The only other time I saw a half dollar in circulation was 5 years ago at the Post Office when the lady in front of me didn't want to accept it as change. She didn't think it was real. I quickly offered two quarters for it. |
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Pillar Of The Community
Canada
1106 Posts |
They have only been available in rolls from the mint exclusively for the past few years. Silver dollars. silver 50 cent coins, then nickel dollars and nickel 50 cents were circulation coins and were available from the bank in rolls. They are all still legal tender and no doubt still end up at banks where they are scooped up by tellers.
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Pillar Of The Community
Canada
4135 Posts |
One of the bank tellers, where I bank saved me some coins about a week ago, 22 five cents mostly in the fiftys and sixtys, 5 .25 cents, all in the fortys, 43 .50 cents mostly in the 70s and 80s, 8 nickel dollars, 5 Kennedys, But best of all 1966 Silver dollar, total $35.80  |
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Pillar Of The Community
5318 Posts |
Back in my hometown, where we spent CD and USD interchangeably, I never saw a .50 in all my years, if that suggests anything.
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Topic Locked
Posted 12/04/2007 9:18 pm
