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 Replies: 1,363 / Views: 212,847 |
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Pillar of the Community
United States
4809 Posts |
Thanks Denny - I might have either in my smallish hoard. I'll have a look this weekend.
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Pillar of the Community
Canada
2520 Posts |
I've not roll hunted for some time and these finds just want to make me go back hunting again. Except they have nothing but machine wrapped rolls here. Most of the time, they don't give out penny rolls either. As far as I know there's no interesting variety in the MPPS coins, so there's really no point.
Ag, I don't use any gloves while CRH. I like to be able to feel the coin, which I can't with gloves on. I don't mind the grime.
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Pillar of the Community
Canada
1018 Posts |
I try to ask tellers for hand wrapped customer rolls as there is a little more to find. I have been lucky to get on the good side of some great tellers, I let them know I'm a coin collector and they are more than willing to give me the pennies if I dont bring them back to their branch. It also saves them from having to deal with them. TD and Scotia are really good about it, RBC a little bit tougher. I do have a good source at one RBC who calls me when he gets good stuff in. He gave me 8 rolls of arctic explorer/whale quarters and 2 rolls of wait for me daddy toonies brand new in mint wrap when they came out. He saves me all his branch's pennies, old bills and even gave me a couple quarters he found.
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Pillar of the Community
Canada
2520 Posts |
Where are you at? In downtown Toronto, almost never they have customer wrapped. There are only two TD branches near me (I only have an account there) and the bigger one decided never to give out old bills or pennies, while the smaller one is more relaxed about their policies. Both no longer accept NCLT. I had better luck in Mississauga, if they have any old bills they bring them out if I ask, and pennies from several branches.
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Pillar of the Community
Canada
1018 Posts |
Im in the Vancouver area and there are alot of banks here within 5 min by car. I hit up different branches every one to two weeks. Some times the tellers recognize me and call me the Penny Guy. I dont even have a TD account, but here they seem to be more willing to give em up. I have often wondered what its like for face value coin hunting on your side of Canada. Just try to get on the good side of the tellers. My roomy does have a TD account and he often shows up from other TD branches in Richmond with multiple boxes for me.
I always wear disposible gloves as I dont like black fingers and sometimes I dont know what the heck is on this coin. If I find really clean coins I dont want to leave my prints on them either.
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Pillar of the Community
Canada
2520 Posts |
I can only walk to places (or take the TTC but it costs $6 there and back) and that's pretty much as far as it's practical to walk (some 30 min).
ARP is very good here, I haven't seen a non-MPPS white coin in my change! Even the old style loonies are less common than in Mississauga.
I do have a fairly good relation with the manager of the smaller branch.
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Pillar of the Community
Canada
1018 Posts |
There is still alot of older coin around here, maybe cause I'm farther from any mints. Today I just got a 1986 issue 5$ bill in really good shape from the nearby mall. Went through 10 rolls of pennies this am and most of them were pre1994 and pretty clean, I only junked about 15 corroded pennies.
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Valued Member
Canada
372 Posts |
Boy I need to brush up on the acronyms to keep up with these conversations! Something to ponder.. I know what an alloy is, and what ARP is. They are not recovering an alloy if they are collecting .999 nickel coins or pure copper, since they are base metals. Should they call it the BuRP program, since they are gobbling up all the pure metals?  Edited by wolfman-11
12/04/2014 6:47 pm
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Pillar of the Community
Canada
1018 Posts |
Thats a good one, is there any value in holding onto nickel dollars for this same reason. I've dumped a few back to the banks cause they are just so big and bulky.
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Pillar of the Community
Canada
1747 Posts |
here is the issue with holding onto the copper coins, and nickels (nickel dime, quarters, 50c and dollars) is that it is illegal to melt these so unless the gvmt revokes that law, no smelter will buy these from you.
the real question is can you find someone to buy them at FV+ I have had little to no luck selling pennies, and nobody wanted my nickels. I have already rolled up all my quarters, and dimes and nickels and taken them back.
I am currently putting my copper cents back as well.
Here is the other issue the nickels are almost worth 2x FV (Nickel price), but for the dime and quarter to get to double face, the nickel price needs to quadruple or better. for the dollar/50c its probably more like quadruple twice.
anyway that's my 2c.
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Valued Member
Canada
372 Posts |
A nickel dollar is worth about 25¢ in metal value so I would say no.
A quarter is worth about 8¢ so I would say no.
A nickel is worth 8¢ as well so that's why people keep them.
Now I am wondering about the 2006 no p no logo nickel. The metal value is 4¢, close to face. As base metals rise it will go up.
But there is this to consider.
The 2006 no p no logo nickel is the last cupro-nickel coin made to my knowledge. It is also the last non magnetic silver coloured coin made in Canada
The only other non magnetic coins in circulation would have been the zinc penny.
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Pillar of the Community
Canada
1018 Posts |
Thats a very valid point on not being able to melt these coins ourselves. I guess for me its more the collecting part of pennies as they are destroyed and become more scarce, will they not become more valuable for collectors after more time. I realize there are billions of cnd pennies out there. I never considered melting them for the copper, this is why I've also kept steel and zinc types.
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Pillar of the Community
Canada
2520 Posts |
Only see polymers here with the odd Journey note, but it's really not common. 99% of notes I see are polymer (not that I see a lot of notes but me and my friends often pitch in to pay for something together when we go out as a group).
My nickel dollars are currently just sitting around and being paperweights. They do a good job at it too.
I have no luck selling pennies either. The nickel dollars do generate some interest though and I've been able to sell like 15 of them for a small profit. The halves don't generate as much interest but they do get sold if I persuade people.
I keep the 2006 no P that I come across (which is almost never), because they'll dry up from circulation sooner or later.
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Pillar of the Community
1325 Posts |
Not from a Canadian roll, but got a 2000 25 Cents (on front bottom) with two stick figures and a leaf on back from McDonalds just a little while ago.
Edited by shadz
12/04/2014 10:05 pm
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Pillar of the Community
Canada
2520 Posts |
Lucy you, shadz, if it was in Canada it would've been melted! I'm still missing that one...
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Replies: 1,363 / Views: 212,847 |
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Posted 12/04/2014 3:04 pm
