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 Replies: 27 / Views: 4,160 |
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Moderator
 Canada
10462 Posts |
Here in Ottawa, nickel 50-cent pieces and nickel dollars are now shipped from the banks directly to the mint - as part of the alloy recovery program.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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New Member
Slovakia (Slovak Republic)
31 Posts |
3stooges, I have the same experience with fifty cents coin and banks in BC.
Edited by trobo
03/29/2013 11:33 am
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Pillar of the Community
Canada
1751 Posts |
Does this mean in the future this pieces will be scarce and valuable. They sure haven't increased in value like their silver cousins. Yet nickel is used in industrial purposes and worth more than copper. Just curious. Rox
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Pillar of the Community
Canada
1581 Posts |
I doubt nickel pieces will ever be considered scarce. Too many in collectors hands, and too little melt value to knock them out.
Silver on the other hand is currently about 15x face for melt. So, a lot of entry-level collector coins in dealer albums in the past may have already been sent to melt. And, as collections and estates are obtained, the partition to melt is probably much bigger than in the past.
The flip side is, if the cost of entry to the hobby is too high, where are the new collectors going to come from to drive the demand side (supply AND demand)?
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Pillar of the Community
Canada
815 Posts |
Smelter for sure. There is virtually no demand for Canadian Silver Halfs that aren't the 1967.
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Pillar of the Community
Canada
1581 Posts |
Just to be clear, there are plenty of 50 cent halves with numismatic value way beyond melt. I was assuming the OP was talking about common dates, varieties and condition.
Any 1948 half is worth more than melt.
Even a 1966 MS-65 Trends for $90. At half-Trends that is 6x melt.
And the modern nickel in MS-65 can be valuable.
e.g. 1976 MS-65 Trends at $200
How many times melt nickel is that?
Edited by dialog_gvf
03/30/2013 12:25 pm
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Pillar of the Community
 Canada
785 Posts |
 Not to mention the 1921 Canada half dollars.  |
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Pillar of the Community
 Canada
617 Posts |
1938 and any variety of 1947 as well sell in any condition.
All other George VI sell in MS63 or better.
1950's Elizabeth II do well in MS64 or better.
1960's do OK in MS64 and really well in MS65.
Gem quality nickel halves are quite a struggle to find, and for some years you will pay full trends or more.
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Pillar of the Community
Canada
746 Posts |
About a couple of years ago, nickel halves were very easy to find. It's getting tougher, but if you ask/phone around, the tellers at various banks, will put them aside for you.
The halves, in particular the silver ones, have many varieties and errors. Rare dates are 1932, 1948, the 1953 LD NSF, and the undervalued low mintage 1954. The 1937-39 and 1946-47 are getting tougher to find, especially in nice condition.
One of the best places to find nicer nickel halves at an affordable price is in PL sets...
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Pillar of the Community
Canada
2805 Posts |
One teller had been saving all the 2002-P halves she came across. I got 9 for $4.50, they're all pretty much uncirculated (surprise!).
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Pillar of the Community
Canada
1554 Posts |
 Nathancrh1, I feel your pain my Collector friend! I've been hunting for Mintstate Vicky's and Edy's for the past 2 decades and I also keep asking, "where are all the Canadian half dollars"? Glenn  |
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Pillar of the Community
Canada
785 Posts |
I think there all hiding from us coin collectors  |
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Pillar of the Community
Canada
572 Posts |
I have been looking hard for these as well. A year ago, one bank was kind enough to take my phone number and promise to call if they got any old bills or coins. But I haven't had any luck. I know two of my friends have jars of 50 cents and dollars, silver or nickel, collecting dust at home. Neither of them would call themselves coin collectors. However they are not giving their coins up just yet. It is pretty much in line with what wiki has to say about the Canadian 50 cents: "It is very rare to encounter this denomination in everyday transactions, since there seems to be the mistaken belief among many Canadians that the coin itself is rare and thus of value in excess of 50 cents. Most times, when a 50-cent piece is exchanged in a transaction, it is saved by its recipient." @SPP-Ottawa: Quote:
Here in Ottawa, nickel 50-cent pieces and nickel dollars are now shipped from the banks directly to the mint - as part of the alloy recovery program. Do you happen to know at which bank in Ottawa I should try my luck to get these nickel pieces at face value? I would love to get my hands on them and give some away to my friends and the next generation as a gift. I would rather them to learn the coins from seeing them at hands than reading books or going to the museums. |
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Moderator
Canada
10462 Posts |
Certainly, my bank would have them - I regularly take in nickel dollars and 50-cents there in bags, one hundred coins per bag.
If you are a member of the Ottawa Coin Club, I could probably just bring in a bag to the club to sell at face value...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
572 Posts |
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Replies: 27 / Views: 4,160 |
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First Page
Posted 03/29/2013 11:32 am
