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 Replies: 68 / Views: 26,404 |
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Valued Member
Australia
138 Posts |
I was just back in Ottawa visiting my parents and all the change I received was plated steel with the exception of one pre-1981 nickel so the ARP program seems to be doing its job at least in the capital. Back here in Australia I've hit a nickel motherlode. There was a listing online for just under $580 in Canadian change, I figured most of it would be loonies and toonies I could take back with me the next time I went home so I made a successful offer well under face value. It turns out the whole lot was pre-2000 with only $175 in loonies and toonies. The rest was all nickel including $320 in quarters and $20 in dimes, there was even $41 in nickel dollars and $18 in 50 cent coins.  |
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Valued Member
Canada
258 Posts |
Awesome find!  Yes the ARP is really hitting Ottawa hard these days. I am a nickel roll hunter and in the last week, half the rolls I've gotten are RCM post-ARP garbage. |
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Pillar of the Community
Canada
867 Posts |
and the government tells us there is NO inflation in our currency! Liars.
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Pillar of the Community
United Kingdom
837 Posts |
True , but the interesting thing about all this that suddenly all your pre-2000 nickels and dimes are now worth more in value and will soon be highly desirable to future collectors - can you imagine if coins from now were still made from the same precious metals as ages ago then there wouldnt be fun in hunting silver and nickel coins .... inflation and ARP`s add a lot of spice on coin collecting if you embrace the cheaper coins and keep a stash older valuable ones .....  Edited by DaytR
07/06/2013 1:05 pm
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New Member
Canada
1 Posts |
Alloy recovery will soon be recovering metals from $1 and $2 coins.
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Pillar of the Community
United Kingdom
837 Posts |
Hi insider  That is not good news , but I guess it was inevitable at some point ....it will probably make the RCM a huge profit though  |
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Pillar of the Community
Canada
2519 Posts |
To my knowledge they have started ARP of loonies and toonies in 2012, which is why the mintage of MPPS loonies and toonies are high in 2012.
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Pillar of the Community
Canada
532 Posts |
In 2012 don't forget that they minted both old and new styles of 1 & 2 dollar coins of which a truckload of old style coinage was spilled and returned to the mint for recycling. http://news.nationalpost.com/2012/0...oss-highway/Some here seem to think the availability of these coins are way lower than the initial mintages. Many of the quality coins I've been getting out of circulation rolls I suspect to be from people who have fallen on hard times and have broken up a set or from break and enters. People just don't dispose of some coins so you know getting one is rare. The silver has been dried up here for a year at least. Nickles still show up at the local Timmies. Pre 2000 coins are non existen if not for the odd one from the 80's. |
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Pillar of the Community
Canada
1700 Posts |
No wonder why there were no coins from 2000 and earlier in machine wrapped nickels. I was trying to do some roll hunting with nickels and get some 2000P, but nothing from before 2001 showed up.
I think that the special edition coins minted for circulation are going to have steady trends compared to those regular coins minted before 2000. For exmaple, there certainly are many people collecting the Navy loonie in rolls, so it would be less likely for the mint to get those coins back as quickly as those intendd for general circulation.
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Pillar of the Community
Canada
2519 Posts |
Petersun, I think you can still find 2000P in machine wrapped nickels. I found one earlier this year in a machine wrapped roll. The ones you won't see are the nickel and cupronickel nickels.
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Valued Member
Canada
65 Posts |
Long story short I acquired my late father's collection recently and saw that it hadn't been kept up to date since the early 80's. Back then he got me started on it, too and I really wish I had stuck with it. So I've been reading around and found this and decided that it might be fun to try my hand at a box of quarters. Here is the breakdown:
Post ARP - 78%
Pre ARP - 20%
Missing/Other - 2%
One good find, a 1956!
Of note, there were more 1980's than 90's and 00's combined. There were no 1970, 1983, 1991, 1997, or 1998.
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Pillar of the Community
Canada
548 Posts |
I think 1996 toonies are still the most common.
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Pillar of the Community
Canada
532 Posts |
It would be nice if the mint knew & posted how many coins of what year were recycled to more accurately predict future key date coins. If any given year was recycled more than another it could change the dynamic of the mintages altogether. Making some lower produced coins more desirable than others. I think this is one way they will keep interest in coins with 0 valuable metal content.
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Pillar of the Community
Canada
1747 Posts |
I highly doubt the bank of canada would employ people to sit and count each coin and document the year. They would loose money, the whole concept of the arp was to claw money back from the metals recovered.
I agree with the statement, however it's not likely going to happen.
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Valued Member
Canada
109 Posts |
You all are acting as if this is the first time this has happened. there was melting in 1910, 1921, the 1940's and from 1959 till now in silver...?! Nothing new...
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Replies: 68 / Views: 26,404 |
First Page
Posted 06/29/2013 09:49 am
