Idea On Melted 50 Cents?

I can't give you a percentage, but I do know this:

When the Mint was withdrawing silver from circulation, the collectors had great motivation to keep the coins that were in better grades. The result of this is that while an issue would become scarcer overall, the better grade coins within that issue became relatively more common.

You may get some published records from the RCM Mint Business reports. Since the Mint is a public owned operation, annual reports have to be published.
I know the British Royal Mint and the RAM publish these reports.
I would doubt however, that records would have been kept regarding the withdrawal of silver relative to a particular date or dnomination.

Contact the Mint, they may be able to supply you with SOME of the information you want.

The effect on pricing relative to grading within an issue however, is open to debate. Charltons records over the years would shed some light on this. You would need to go back to before silver was withdrawn from circulation. Even then, for earlier issues, old silver coin would have been returned, to be made into new silver coin at the time.

Perhaps some coin collecor magazine in Canada may have some old published articles on the subject. The real answer to your question is the stuff of numismatic research.

It's funny this came up. I was thinking about the same lines as I sat looking at my desk.

There are in excess of 200 fifty cent pieces on my desk right now. I am likely throwing them all in the melt bin as usual. Why wouldn't I? Uncirculated or not, why take a loss? Just melting them into ingots and swallowing the refining fee makes the most sense. So as coins they disappear. What volume does that account for? No one really knows.

In my hand in this photo are 100 fifty cent pieces with dates ranging from 1911 to 1966 destined for my melt bins. I'd say 80-90 per cent are uncirculated (50's up). This represents maybe a half of one per cent of what I have even searched yet and most of those will end up in the bins too. Imagine how many hundreds of other people are in the same boat.

Ugly,
Exact same situation for me, presently I have about 170 fifty cent pieces sitting on my table dating from 1918-1966 and they will probably sit around for quite some time still.

I was wondering if 10-30 years from now they'll increase in value other then silver value, what do you think ?

Why take silver of a known weight and purity and pay to have it made into something that can never be turned back into coins?

Interesting question, that's been asked many times and I've answered the same every time.

Take a kilo equivalent of .800 silver into (lets say for example) Scotia Bank and try to deposit it. You'll get face value. I imagine you can fart around and eventually sell it someone etc.. but that takes time.

Now, take a kilo bar of silver with a recognized seal into Scotia Bank(say Scotia or RCM) and they check it and deposit the funds into your account tres rapid.

Bingo. In 1999 I deposited thirty kilos through Scotia McLeod to buy a property I wanted - took less than two business days.

Now try converting silver at .800 into that much cash that fast. Don't kid yourself, even the largest buyers will take a lot of time to convert thirty kilos of sub pure silver into cash equivalent.

Now if you talking 100 oz... doesn't matter. That's not what I'm talking about though.

please dont.. lol... the 50c coin is my favorite and will be collecting them for sure.

Well to be honest I think a lot of us would be interested in those 50 cent pieces Ugly.

Including me ! HAHAHA

Wow, it's really quite amusing reading the reactions of the CCF members after they've been reading Ugly's threats to melt-down all of his 50 cent coins ...


=> not unlike Cruella Deville with her sack full of dalmatian puppies!

.... geesssh, I sure hope that he's not actually planning-on melting down those coins! (although, it would make my coins that much rarer!) ...

hmmmm?

"No" ... I'm sure he's just pulling our leg(s)