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 Replies: 68 / Views: 26,398 |
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Pillar of the Community
Canada
9159 Posts |
Quote:
I have not found a silver quarter If you do you will be extremely lucky. |
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Pillar of the Community
United States
4867 Posts |
I used to get lots of nickel quarters in my change here in Michigan. Now I don't see them as much. But I see a lot of newer Canadian coins in my change. I just found 2 2014 dimes in the Coin Star reject tray. I have to say they look very PL and kinda frosty. Very nice for circulation coins.
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Valued Member
Canada
343 Posts |
Had a binge of coin roll hunting a couple of years back and didn't have much luck - especially for the effort involved. I did get a 1968 nickel in my change today!
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Valued Member
Canada
243 Posts |
Searched about $300 in quarters on the weekend and found a 1967! Almost didn't believe what I saw. Also found a couple of '78 large and small denticles in about AU condition and my first ever 2015 coloured poppy.
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Pillar of the Community
Canada
1700 Posts |
On the West Coast at least, I think it's more efficient to spend the time looking through customer-wrapped rolls for American coins than the older coins.
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Rest in Peace
United States
233 Posts |
Quote:
... but you have to wait till after some event where people need to pull out their precious metals to trade to survive ... People always see what they want to see in the post-apocalyptic world. But what will actually hold its value - or become more valuable - after a societal collapse? For one thing, 'collapse' sounds to me like no one is going to have much to trade for whatever valuable thing you've got stashed. And how would one get a few thousand pounds of buried nickel (for example) to market when transport has become dear? There is little reason to think that the apocalypse will turn-out the way we expect. Cheers, /s/ ikeyPikey |
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Pillar of the Community
Canada
1571 Posts |
3 rolls of quarters...... A 1978 and a 1999. Looks like they're really looking for every last coin out there with a profit to be made.
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Valued Member
Canada
329 Posts |
well, now that this thread is going on 5 yrs old, was wondering if the value of nickle coins has gone up at all? ive been holding on to every nickle coin I find, which seems to be 1 in 10 or 20 by now. will any of it be worth more than face other than 5 cents ?
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Pillar of the Community
Canada
5324 Posts |
You really can't lose at 5 cents but nickel is still in the doldrums as a commodity price the last few years
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Pillar of the Community
Canada
2518 Posts |
You're lucky finding 1 in 20, I have a large Tim's cup and it's almost full to the top with plated coins (and I spend these, too). My other cup of mixed nickel, cupronickel, and foreign coins has barely anything, not even a handful. There was a study done in the March journal which found that the percentage of non-plated coins in circulation is decreasing.
I wonder if US nickels are also victim to the ARP, since they are identical to Canadian cupronickel nickels.
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Valued Member
Canada
83 Posts |
Many here will already know that coinage, unlike paper clt, is not backed by debt. That is to say, it doesn't come into existence only when an amount equal to its fv is 'borrowed' from one side of the ledger and 'deposited' on the other. That's why there is always government debt available for purchase by deep pocketed entities like pensions, hedge funds and private equity etc. Coinage is produced by fiat, as it were. It doesn't disappear when the bond principle gets repaid. So this guy is talking about how currency relies on memory to have value. Interesting implications for those of us who value a unit of exchange and store of value that is not 'merely' money-of-the-mind (debt/credit), as Jim Grant calls it: https://www.minneapolisfed.org/publ...neil-wallace |
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Valued Member
Australia
138 Posts |
I'm also wondering what is going on with the old nickel coins, is there much interest in them at all? I'm coming back to Canada next week and bringing back with me about $350 in nickel quarters, is there any point in holding on to them or should I just take them to a bank and get some spending money?
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Pillar of the Community
 Canada
9864 Posts |
Spend 'em.
I assume you have already searched them all for the rare ones.
"Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
Australia
138 Posts |
Thanks I did check all the 73s for large bust, no luck there. Guess they're going to be more victims of the ARP!
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Valued Member
Canada
372 Posts |
I still keep nickel 5¢ coins, but the quarter will probably never be worth more in melt than in face value. I believe that when nickel was high,a quarter was worth 10¢ as scrap.
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Replies: 68 / Views: 26,398 |
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Posted 01/17/2017 09:59 am
