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Need Help With A Silver Dollar

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Author Previous TopicReplies: 12 / Views: 2,103Next Topic  
Pillar of the Community
ace_ftw's Avatar
Canada
1747 Posts
 Posted 09/21/2015  11:12 am Show Profile   Bookmark this topic Add ace_ftw to your friends list Get a Link to this Message Number of Subscribers
Over the weekend, I had an odd opportunity arise. I was at one of my pick up banks, and as I was finishing with the teller, a gentleman came in and approached the other teller and said he wanted to cash in some coins. (both tellers are aware I am a coin collector). The man being boisterous said that he had tried to cash them at a few banks and none would do it.

I said I would be interested, so he came over and put down the coins, and the first things I looked at were a few nickel half dollars. they did not look or really feel right to me.

then I looked at his dollars he had.

3 were dated 1971, however I had never seen the design, I would have expected to see a voyager, however they were all the BC coat of arms.
As I was not expecting this, I thought these were some sort of Trade dollar.

The last 2 I was familiar with, however they looked unnaturally shinny. They were (I am sorry I don't remember the correct name or term) but I believe they were sold at the mint as souvenirs. Dollar sized coin with the RCM logo on it.

I decided to pass on the coins, mainly because of 2 things, the look and feel of the 50 cent pieces (but hindsight, who would fake one?) and the vibe I got from the guy.

So onto the next bank I went, and I kept replaying the whole thing in my head, something was not adding up. I googled the 71 coin, and the first thing I saw was the dang 50% silver BC coin (man I was stupid)

Then I remembered that someone (probably SPP-Ottawa) mentioned that this coin was actually produced in Nickel, Silver or Platinum(?)

(I tried searching for the thread to no avail)

So you guessed it, I turned around and went back.

I got there, and the tellers were surprised to see me back, I asked if they bought the coins, and if I could buy them.

The one teller said that she had first dibs, because I passed on them already and she took the 2 RCM medallions.

I bought the 3 BC silver dollars.

All that to ask this, Am I correct that that coin was a souvenir from the mint and not an actual "silver dollar"?

on the back of the coin it does say dollar.

secondly, was I also correct in remembering the coin was made in Platinum as well as silver?

lastly if yes, then how can you tell the difference? is Platinum non-magnetic? is there a significant weight difference?

I would imagine this coin in Platinum would be significantly more valuable, what are the silver/platinum worth (or how much did I loose out on?)

Thanks for the information.
Pillar of the Community
Canada
867 Posts
 Posted 09/21/2015  11:32 am  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
Wow, are you a Canadian? You should have more knowledge of Canada's history especially when dollar coins are used as centennials all the time.
I doubt very much the coins were platinum, that is an extremely rare and expensive metal, which often exceeds Au in value, let alone Ag.
Pillar of the Community
ace_ftw's Avatar
Canada
1747 Posts
 Posted 09/21/2015  11:40 am  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
thanks for your insight.
Pillar of the Community
Learn More...
Canada
9875 Posts
 Posted 09/21/2015  12:04 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Two different designs and sizes of BC commemorative dollars were issued in 1971, one nickel and one silver, none in platinum.
"Dipping" is not considered cleaning...
-from PCGS website
Bedrock of the Community
JimmyD's Avatar
Canada
21684 Posts
 Posted 09/21/2015  12:08 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
There are two versions of the 71 BC Centennial Dollar.
The business strike which is nickel has the BC Coat of Arms with 2 flowering dogwoods on the reverse.
The second version was the first cased Silver Dollar for collectors and contains 50% silver. This has the BC Coat of Arms with a stag and mountain goat on either side.
They did not start producing platinum coins until 2007.

(Sorry DBM, I must have been typing when you posted yours)
Edited by JimmyD
09/21/2015 12:10 pm
Pillar of the Community
ace_ftw's Avatar
Canada
1747 Posts
 Posted 09/21/2015  12:30 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
guys, I don't need help with the 71, I am FULLY aware of the 2 differences now, I am specifically asking about the other coin. THE RCM COIN is what I am asking about, I am sorry I did not take a photo, and after searching for an hour online I could not find the link here (CCF) or any images or more info on the web.

I am 100% sure there was a thread about dollar coins, and this specific coin (again the RCM logo coin) came up and there were multiple metals it was made out of.

I appreciate the comments about the 71, and I am fully aware that I SHOULD have known it was the 50% silver coin, but I am curious about the other coin.

Thanks.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 09/21/2015  3:40 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
Perhaps the coin you are referring to was a test token of sorts?
Feel free to call me Will.
Pillar of the Community
ace_ftw's Avatar
Canada
1747 Posts
 Posted 09/21/2015  4:02 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
I am hoping SPP-Ottawa comes and comments, because I am sure he knows exactly the coin I am referring to.
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torgemco's Avatar
Canada
1046 Posts
 Posted 09/21/2015  4:21 pm  Show Profile   Bookmark this reply Add torgemco to your friends list Get a Link to this Reply
I very much like the 1971
ag cdn $
are there varieties
of this coin ?
they appear too tone
in their original enviorment
thedollarman may I send u
a p.m.?
ace.ftw
could you show us photos ?
tia
meant 2 add http://www.coinsandcanada.com/coins...ar-1953-1986
Edited by torgemco
09/21/2015 4:23 pm
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Harmonica's Avatar
Canada
1118 Posts
 Posted 09/21/2015  4:38 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
I thought it was Gatewest coins but I am mistaken. One of the online dealers had platnium (palladium) RCM tokens for sale. I think they were blank planchets stamped or something? Is that what you think they are.

I though SPP-Ottawa mentioned them in the old year of the sheep make your own token thread but I was wrong again. Wow, 2 for 2.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 09/21/2015  5:05 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
Torgemco, we have been over this before, I don't need to give permission for PMs, I like receiving them and am very happy to receive them.;-)
Feel free to call me Will.
Pillar of the Community
gidjit's Avatar
Canada
1980 Posts
 Posted 09/21/2015  5:42 pm  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
this isn't it is it?

Need-Help-With-A-Silver-Dollar
Pillar of the Community
ace_ftw's Avatar
Canada
1747 Posts
 Posted 09/21/2015  6:30 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
umm, it might be, I am not 100% sure. was that one silver? I will probably ask the teller if I can take a picture of the coin next weekend.
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